Ep. 526 How Smart Contracts are Going to Change the World with Gelato
CRYPTO 101
Bryce Paul & Brendan Viehman
4.6 • 821 Ratings
🗓️ 11 April 2023
⏱️ 29 minutes
🧾️ Download transcript
Summary
In this episode of Crypto 101 we talk to Patrick Schabhüttl of Gelato who’s team is working hard to build the future of smart contracts in the web3 world. Tune into hear how smart contracts are going to change crypto and business as we know and head to https://www.gelato.network/ to learn more!
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Transcript
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| 0:00.0 | Welcome back to another episode of the Crypto 101 podcast. |
| 0:12.5 | It is I, Pizza Mind here, and I am joined today by Patrick Shabutal, the head of BizDev over at Jolato Finance. |
| 0:19.3 | Patrick, welcome. |
| 0:20.2 | How are you doing today? Hey, everybody. Great to be on here. |
| 0:23.8 | I'm doing quite well. What about you? I'm doing okay. I've got a little bit of a cold leftover from |
| 0:29.7 | Heath, Denver, but if that's the worst, no complaints. But seeing the name Jolato really makes me |
| 0:37.2 | happy, makes me feel good. |
| 0:38.3 | I suppose in the way people feel when they see my name pizza pop upon their screen, as I've been told from time to time. |
| 0:46.3 | How did you come up with the name Jolato? |
| 0:48.3 | Yeah, basically, so Jolato did start with like the idea of automation, like right at center. |
| 0:57.3 | However, back then in 2019, there wasn't really a lot of projects out there that did go into |
| 1:03.4 | that sort of food direction with the likes of like pancake swap not being created yet, sushi swap |
| 1:09.1 | not being created yet. And swap not being created yet. |
| 1:12.1 | And so that's why the founders, Louis and Hilmer, basically thought about like cool ways of actually branding something in crypto that everybody likes. |
| 1:20.6 | Because back then it was all about like defy and like very complicated names. |
| 1:26.4 | So nobody could really relate to that so they did think about something |
| 1:31.1 | that everybody likes right and they they were living right around the corner from like an ice cream |
| 1:38.4 | store in Berlin and when they did went to to get some ice cream, they basically thought about chelado and they just went with it. |
| 1:49.9 | It's a great name. |
| 1:50.8 | And it certainly is something that everyone likes. |
| 1:53.9 | And what sparked the idea of creating a decentralized backend for Web3? |
| 1:58.9 | You know, here at Crypto 101, we're trying to figure out just what is Web 3, and we're |
... |
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