Sasa Milic - API3 ($API3), Why Oracles Matter, Vitalik & Elon, $LINK Competitor?, EIP 1559 Miners Debate, DAO Discussion
Description
Sasa Milic stops by LADZ City to discuss API3, a platform building Decentralized APIs
for Web 3.0, the narrative of $API3 and $LINK, the importance of Miners of EIP 1559, Vitalik and Elon Musk, and Oracles as a business model.
GUEST - https://api3.org/
https://twitter.com/sasamilic33
👬SOCIAL
LADZ Community - https://discord.gg/u4a5nMFmva
Twitter - https://twitter.com/ladzcity
Substack - https://layer1.substack.com
0:00 Start
0:01 Sasha's Background
3:29 API3 Origin Story
5:27 API3 vs. LINK
7:26 Why Oracles and Decentralized APIs Matter?
11:52 The Oracle Business Model
16:10 Oracle Failure Incidents
19:30 Insurance Payouts On-Chain
20:45 Use Cases outside of Price Feeds
23:18 Oracle Systems during Market Crashes
26:32 API3 Breakdown
28:34 Staking $API3 and Insurance
31:16 DAO Discussion
35:27 $API3 Token Model
38:00 Vitalik as Leader of ETH
41:10 M&As vs Partnerships
44:45 Data Science Importance
45:55 EIP 1559 Debate
52:30 Why Miners are Important
55:40 Elon Musk
57:36 Females in Crypto
58:56 Book Recommendation
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