What's going on with Canto?
Bankless
Bankless
4.7 • 1.2K Ratings
🗓️ 9 February 2023
⏱️ 71 minutes
🧾️ Download transcript
Summary
Zak Cole, a core contributor to Canto, joins Bankless to answer: "What's good with Canto?"
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Timestamps:
0:00 Intro
7:30 Canto Brings It
9:40 What is Canto?
12:40 Nationalizing Apps
16:00 CSR and Market Forces
20:10 Funding Open Source
22:45 Infrastructure
26:00 Native Apps
29:55 The Stablecoin
33:40 The History of Canto
37:30 Launching on Cosmos
42:10 Botched Ads
44:25 Friction Points
48:00 Founder Culture
54:00 RIP Anon
58:00 Community
1:01:30 Future of Canto
1:03:30 Get Involved
1:04:30 Chatting
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Resources:
Zak on Twitter:
https://twitter.com/0xzak
Canto:
https://canto.io/
Variant Blog Post:
https://variant.fund/articles/canto-a-layer-1-incentive-experiment/
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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://www.bankless.com/disclosures
Transcript
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| 0:00.0 | Bangladesh Nation, we are super excited to talk about canto today specifically what is going |
| 0:11.0 | on with canto. |
| 0:12.0 | David, this is a layer one chain. |
| 0:14.4 | I know that. |
| 0:15.4 | I know it's been up about 500% in price over the last 30 days. |
| 0:20.6 | I know crypto Twitter is talking about it, angry about it, yelling about it. |
| 0:24.5 | I'm not really sure, but I don't know precisely what it is. |
| 0:28.3 | What are we going to unpack today? |
| 0:29.6 | Why is canto important? |
| 0:30.6 | Yeah. |
| 0:31.6 | Canto is a brand new layer one blockchain on the scene, which has caused a bunch of hype. |
| 0:36.1 | As you mentioned, because the price has done a 500% in 30 days, which is insane, even |
| 0:41.4 | in crypto standards, how did that come to be? |
| 0:45.0 | Why? |
| 0:46.0 | Especially because it's a bear market. |
| 0:47.0 | Especially because it's a bear market, right? |
| 0:48.8 | Okay. |
| 0:49.8 | And so what stars have aligned to allow for a 500% price appreciation in the canto L1 asset? |
| 0:58.2 | Where did the canto community come from? |
| 1:00.0 | What's so unique about canto that is generating this amount of excitement and hubbub? |
| 1:05.2 | Is it just a bunch of traders rotating? |
| 1:08.4 | What's real about canto? |
... |
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