161: From Bitcoin Mining to DeFi Innovation: João Simões from InceptionLRT on Staking, Restaking, and Liquid Staking
Description
In this episode of the Web3 with Sam Kamani podcast, we sit down with João, the CEO and co-founder of Inception LRT. João shares his remarkable journey from launching the first Bitcoin mining company in Portugal to pioneering advancements in the DeFi space. We delve into the intricacies of staking, restaking, and liquid staking within the Bitcoin ecosystem and explore the latest trends shaping the crypto sphere. João's insights into the rapid cycles of the crypto industry, the innovative solutions his team is developing, and the challenges they face offer a captivating look at the future of decentralized finance.
Join us as we explore the cutting-edge developments at Inception LRT and learn how they're transforming the crypto landscape.
Key Learnings with Timestamps
[00:00:00 ] - Introduction: João’s call to his old contacts and the unique retirement cycles in the crypto space.
[00:01:17 ] - Overview: Introduction to João and Inception LRT.
[00:02:32 ] - João’s Journey: From Bitcoin mining to founding Inception LRT.
[00:08:39 ] - Inception LRT’s Mission: Addressing security and liquidity in the Ethereum ecosystem.
[00:10:17 ] - Technical Challenges: Complexity of learning and implementing staking and restaking.
[00:14:09 ] - Flash and Stake: Introducing instant liquidity for Ethereum.
[00:15:27 ] - Trends in DeFi: The rise of Bitcoin restaking and partnerships with Babylon.
[00:17:34 ] - Positioning for Success: Inception LRT’s strategy for capturing Bitcoin liquidity.
[00:20:04 ] - Fundraising Challenges: The evolving contacts and the impact of crypto cycles.
[00:24:07 ] - Tips for Fundraising: Importance of niche VCs and persistence.
[00:28:19 ] - Long-term Vision: BTC restaking and enhancing user experience with new products.
[00:31:11 ] - Strategic Fundraising: Upcoming Series A and TGE plans.
[00:33:53 ] - Timing the Market: Strategies for navigating market cycles.
[00:38:19 ] - Marketing Strategies: Community engagement and user acquisition tactics.
[00:45:51 ] - Importance of Routine: Maintaining health and productivity in the fast-paced crypto industry.
[00:47:27 ] - Industry Challenges: Navigating burnout and dealing with scammers.
Disclaimer
Nothing mentioned in this podcast is investment advice and please do your own research.
Request
Finally, it would mean a lot if you can leave a review of this podcast on Apple Podcasts or Spotify and share this podcast with a friend.
Connect with InceptionLRT and João
https://www.linkedin.com/in/joao-nuno-simoes/
Be a guest on the podcast or contact us - https://www.web3pod.xyz/