Tomasz Tunguz - Interwoven with Initia
Tomasz TunguzVenture Capitalist If you were forwarded this newsletter, and you'd like to receive it in the future, subscribe here. Interwoven with Initia
Like in web2, building an app on a blockchain requires several layers & components. Picking the best of each can be a challenge for a developer. Once the stack is fixed, a developer might want to choose the best database characteristics for an app : lower latency for a game, greater security for a financial exchange. Last, interoperability with other systems is a critical way of enticing users to use the apps. So is simplifying the onboarding process by eliminating the friction of moving assets between chains. Initia does this for web3 developers. It provides an entire stack from the very bottom (the Layer 1) to the database customization layer (the Layer 2). A user identity system, wallets that enable developers to pre-fund the accounts to simplify onboarding, explorers to view transactions, cross-chain compatibility with IBC and LayerZero, native USDC stablecoins, & data availability (decentralized data access via Celestia). Should a developer prefer the Move language to Solidity, or CosmWasm to Move, Initia enables swapping out the three virtual machines to suit each application’s need. Each developer’s customized environment is called a Minitia. As web3 development matures, more developers will build in web3. Simplifying that experience while providing compatibility is essential. To date there are 11 Minitias deployed with about $400m of total value locked (TVL) pre-launch (Mainnet). Stan & Zon, the founders of Initia are no strangers to the challenges & opportunities in developing web3 ecosystems. They’ve worked for the last decade on some of the largest systems in crypto. The future of web3 development is modular & customizable with comfortable defaults & interwoven from the start. We’re thrilled to work with the Initia team to bring that future to fruition. Follow Initia on X, I hear their mainnet is launching soon. |
Older messages
AI Advantage for Startups : Changing the Workflow through Services
Monday, September 23, 2024
Tomasz Tunguz Venture Capitalist If you were forwarded this newsletter, and you'd like to receive it in the future, subscribe here. AI Advantage for Startups : Changing the Workflow through
Will We See a Better Exit Market Next Year?
Friday, September 20, 2024
Tomasz Tunguz Venture Capitalist If you were forwarded this newsletter, and you'd like to receive it in the future, subscribe here. Will We See a Better Exit Market Next Year? The Fed cut rates
Writing Software for Robots
Thursday, September 19, 2024
Tomasz Tunguz Venture Capitalist If you were forwarded this newsletter, and you'd like to receive it in the future, subscribe here. Writing Software for Robots In a few years, most feature flags
2024 Theory Ventures Go-to-Market Survey: Optimism Rises Amid Changing Market Dynamics
Monday, September 16, 2024
Tomasz Tunguz Venture Capitalist If you were forwarded this newsletter, and you'd like to receive it in the future, subscribe here. 2024 Theory Ventures Go-to-Market Survey: Optimism Rises Amid
The New Software GTM Playbook
Thursday, September 12, 2024
Tomasz Tunguz Venture Capitalist If you were forwarded this newsletter, and you'd like to receive it in the future, subscribe here. The New Software GTM Playbook The first version of the SaaS
You Might Also Like
🚀 Ready to scale? Apply now for the TinySeed SaaS Accelerator
Friday, February 14, 2025
What could $120K+ in funding do for your business?
📂 How to find a technical cofounder
Friday, February 14, 2025
If you're a marketer looking to become a founder, this newsletter is for you. Starting a startup alone is hard. Very hard. Even as someone who learned to code, I still believe that the
AI Impact Curves
Friday, February 14, 2025
Tomasz Tunguz Venture Capitalist If you were forwarded this newsletter, and you'd like to receive it in the future, subscribe here. AI Impact Curves What is the impact of AI across different
15 Silicon Valley Startups Raised $302 Million - Week of February 10, 2025
Friday, February 14, 2025
💕 AI's Power Couple 💰 How Stablecoins Could Drive the Dollar 🚚 USPS Halts China Inbound Packages for 12 Hours 💲 No One Knows How to Price AI Tools 💰 Blackrock & G42 on Financing AI
The Rewrite and Hybrid Favoritism 🤫
Friday, February 14, 2025
Dogs, Yay. Humans, Nay͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
🦄 AI product creation marketplace
Friday, February 14, 2025
Arcade is an AI-powered platform and marketplace that lets you design and create custom products, like jewelry.
Crazy week
Friday, February 14, 2025
Crazy week. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
join me: 6 trends shaping the AI landscape in 2025
Friday, February 14, 2025
this is tomorrow Hi there, Isabelle here, Senior Editor & Analyst at CB Insights. Tomorrow, I'll be breaking down the biggest shifts in AI – from the M&A surge to the deals fueling the
Six Startups to Watch
Friday, February 14, 2025
AI wrappers, DNA sequencing, fintech super-apps, and more. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
How Will AI-Native Games Work? Well, Now We Know.
Friday, February 14, 2025
A Deep Dive Into Simcluster ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏