• Revolutionizing Social Media: Avara Founder Stani Kulechov on Aave and the Lens Protocol

  • Jul 22 2024
  • Length: 31 mins
  • Podcast

Revolutionizing Social Media: Avara Founder Stani Kulechov on Aave and the Lens Protocol

  • Summary

  • Introduction:

    • Overview of Chris's podcast episode featuring Stani Kulechov, founder of Aave.
    • Exploration of Stani's background, entrepreneurial journey, and the inception of Aave.

    Early Days of Curiosity:

    • Stani's early experiences with technology and video games.
    • Transition from playing video games to building servers and exploring programming.
    • Initial focus on consumer-facing programming, particularly in FinTech applications.

    From Law to Blockchain:

    • Stani's decision to study law in Helsinki, Finland, to understand the impact of regulations on finance.
    • Discovery of Ethereum and smart contracts, leading to a fascination with blockchain technology.

    Aave's Inception and DeFi Evolution:

    • Creation of Aave as a decentralized lending and borrowing platform.
    • The significance of ecosystem empowerment in the growth of DeFi.
    • The role of Aave in reshaping the financial application landscape.

    Recognizing the Power of Ethereum:

    • Stani's realization of Ethereum's potential beyond changing account numbers.
    • Understanding the concept of programmable money and the emergence of DAOs.

    Scaling Aave and Building Culture:

    • Stani's perspective on scaling Aave as similar to building a product.
    • The importance of a builder mindset, aligned teams, and organizational culture.

    The Lens Protocol: Redefining Social Media on Web3:

    • Introduction of the Lens Protocol, a decentralized social graph on blockchain.
    • Empowering users with on-chain profiles and censorship-resistant relationships.

    Dynamic NFTs and Monetization Tools:

    • Explanation of dynamic NFTs, allowing continual content updates.
    • Built-in monetization tools, including collection fees and mirroring for content creators.

    Web3's Future and Twitter's Potential Shift:

    • Reflection on the suspension of Stani's Twitter account.
    • Discussion on the potential transition of social media platforms like Twitter into Web3.

    Conclusion:

    • Stani's journey as a technophile, entrepreneur, and creator of innovative blockchain solutions.
    • Lens Protocol as a testament to the transformative power of blockchain in finance and social media.

    Important Company Websites:

    1. Aave
    2. Lens Protocol

    DREAMPUSHERS

    PRESENTED BY DRAPER UNIVERSITY

    HOSTED BY CHRIS JOANNOU

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