Episode 10

November 16, 2022

00:22:07

Anthony DeMartino, Istari Ventures

Hosted by

Clarice Qiu Lin Ning
Anthony DeMartino, Istari Ventures
SustainaDAO Non-Fungible Talk
Anthony DeMartino, Istari Ventures

Nov 16 2022 | 00:22:07

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Show Notes

Anthony is a financial industry veteran with global risk experience. He is the Venture Partner of  Istari Ventures and the US CEO of Matrixport. Before that, Anthony worked with Coinbase, where he held several roles, including its head of risk strategies, institutional DeFi and derivatives trading. Anthony has over two decades of experience running multiple financial services businesses with global banks such as HSBC, Barclays, and UBS.

"There are a lot of oligopolies that have been created that underpin the current market structure, and they keep a lot of securities and payments move less than optimal. This is where the digital asset space and the web3 movements can step in to solve many major issues."

In this episode, you will learn the following:

1. What are the major differences between traditional banking and digital asset platforms?

2. How can crypto trading become a mainstream investment channel?

3. What are some ways that would help investors to restore confidence in the crypto market?

Some key takeaways:

Clarice and Anthony discuss some of the major infrastructure changes that are needed in order to bridge the gap between the traditional finance world and Web3 technologies which have the potential to speed things up, cut costs and increase transparency in finance and other industries also.

Anthony explains why regulation is important for the big players in the ecosystem to get involved, particularly the importance of the issues surrounding counterparty risk and transparency.

We take a look at the importance of the Latin American region, where there is a big potential for crypto technology to be applied in various sectors of the economy.

Anthony shares with us some of the portfolio highlights from Istari Ventures and expands on their high-level investment philosophy and what they look for in companies. The primary issue is to invest in companies that are solving actual real-world problems. Another key issue is supporting strong teams, particularly teams with crypto experience.

Inflation is rampant, and for the next few years, the days of 2x, 3x, or 10x growth are over. However, in Anthony's view, the bearish macro environment is a good time to focus on building projects that solve real problems in the market.

In terms of the sustainability potential of Web3, Anthony explains how cryptocurrencies have the potential to increase financial inclusion around the world. A particular focus for him is the Latin American region, where currency issues have been causing all manner of issues for a very long time.

Finally, Anthony gives some advice for entrepreneurs starting out in the Web3 space: solve actual problems and don't simply build things so that you can sell and exit; make sure you understand the project's lifecycle from start to end; and make sure you have a good understanding of the "old world" systems before you set out to disrupt them yourself. 

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