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Behind Frictionless Capital’s Unwavering Support for Solana
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In today’s episode Connor was joined by Logan Jastremski, an investor and co-founder of Frictionless Capital. They delved into the evolving landscape of venture capital in crypto, particularly focusing on the DePIN sector, which has gained significant traction over the past six months.
Logan shared his insights on the importance of conviction in the face of skepticism, especially during challenging market conditions. He reflected on his unwavering support for Solana during its bear market, emphasizing the significance of understanding the underlying technology and its potential for scalability. His experience at Tesla shaped his perspective on the physics of blockchain architecture, reinforcing his belief that certain design elements are essential for long-term success.
They also discussed the role of his podcast in building a network and reputation within the crypto community. Logan expressed how the podcast serves as a platform for founders to share their stories, which not only benefits them but also enhances his understanding of the industry. He highlighted the importance of asking better questions to facilitate meaningful conversations.
As they wrapped up, Logan articulated his hopes for the DePIN sector, emphasizing the need for robust infrastructure to support scalable applications. He believes that decentralized physical infrastructure networks have the potential to revolutionize the way we utilize blockchain technology.
00:00 - The Nature of Venture Capital
01:01 - Starting the Podcast
02:46 - Building a Network Through Podcasting
04:08 - Conviction in Solana
06:51 - Understanding Blockchain Architecture
08:35 - Focus on the Deep End Sector
10:16 - Product Focus in Crypto
Disclaimer: The hosts and the firms they represent may hold stakes in the companies mentioned in this podcast. None of this is financial advice.
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