Other

“I think it’s just going to be like one slew of listings that are going to happen. I am seeing quite a bit of interest from a lot of exchanges on supporting Cosmos assets.” — Greg Osuri, 01:18:03

“Decentralization is just not about coin distribution, but it’s also community participation… more often than not we just look at technology and number of nodes… and ultimately it comes down to continuity of operations.” — Greg Osuri, 00:41:22

“Most of the conversations I’ve been having with people is about sovereignty and scalability, and I think the general conclusion is: shared state doesn’t scale, sovereign state is the end state.” — Greg Osuri, 00:03:33

“Having someone like Chanda work at Akash is an obvious signal that the talent is migrating from web 2 to web 3… if you even open TechCrunch there’s nothing else going on in web two… that’s all web 2 is, it’s ads and SaaS… anybody that cares about the open web will obviously jump at web 3.” — Greg Osuri, 00:38:43

“A lot of the projects that purely build on hype will die during this bear cycle… products that can deliver value but also show incredible metrics when it comes to retention and adoption will survive the bear market and thrive when the bull market comes… builders will get more attention than the shillers.” — Greg Osuri, 00:27:46

“How we’re funded the development and how we’re gonna sail through the next, you know, next two to three years of a potential bear market.” — Greg Osuri, 00:04:14

“It’s very, very unlikely that we’ll have some enforcement action, considering how conservative we are… DeFi protocols are definitely promising high returns to US investors… we’re going to probably see a lot of SEC enforcement in that purview.” — Greg Osuri, 00:42:33

“People don’t really care about cost of compute, but when times are difficult, in a bear market, Akash is getting quite a lot of attention… a plot, when Chia was in a bull market, was selling for $2 — now [10 cents]… the source of compute is coming from unused compute, right? So the model is really working here.” — Greg Osuri, 00:10:35

“I was using the product to discover some of the security holes that they had — massive security holes. One big hole was they were exposing environment variables to the public. Akash, we don’t do that — environment variables in Akash are private between the tenant and the provider.” — Greg Osuri, 00:26:22

“It’s not like compromises, but just clever design that evolves over time, and I think very, very soon we’re going to have these systems come into play and people will figure this out, and these patterns will become the global web3 onboarding patterns — and I would give it another two years by the time web three goes mainstream.” — Greg Osuri, 00:18:33

“It’s not like compromises, but just clever design that evolves over time, and I think very, very soon we’re going to have these systems come into play and people will figure this out, and these patterns will become the global web3 onboarding patterns — and I would give it another two years by the time web three goes mainstream.” — Greg Osuri, 00:18:34

“I think we’re going to see a similar pattern in 2022 and 2023: I think we’re going to see a year-long crisis and then it’s going to be an upturn, and I think that will be rooted in real growth… last time it was about product-market fit, this time it’s going to be about growth and people using real products.” — Greg Osuri, 00:15:04

“In all honesty, cost is not a keeper. Cost is a hook, but it doesn’t retain, because cost is generally a function of demand-supply: once the demand increases, supply reduces, the price goes up, so people start jumping ship… like Airbnb — initially cost was a hook, $20 rooms, but then you eventually got into a mode where you have diversity and variety available to you.” — Greg Osuri, 00:14:18

“You could launch an Altered node on Akash yourself and have the guarantees that this node is going to be completely private, owned and controlled by you. This is going to be a game changer for DAOs… I think the future, at least for the next few months to years, of privacy applications are going to take the center stage.” — Greg Osuri, 00:05:50

“In a way I want this bear market to last a little longer, as long as possible, because that gives us opportunity to really shine, and that’ll filter out a lot of the junk that the bull market got. Once the bull market comes, the chains that performed well in the bear market are going to get the best shine.” — Greg Osuri, 00:42:04

“Overclock Labs is independently funded, it’s privately funded… we have enough capital to answer your question — I mean we have enough capital to last this next four to four years or so.” — Greg Osuri, 00:01:25

“They are on chain and highly visible, and identifiable to a certain degree. So I think these open systems’ ban lists are going to be very interesting, because they’re going to be curated — especially if they’re curated by a community.” — Greg Osuri, 00:51:46

“The fact that a tool was blocked because of illicit usage is very surprising, and this is very analogous to, like, I don’t know, you know, if North Koreans use electricity — banning electricity. So it’s very similar to banning a tool because it was used by bad people.” — Greg Osuri, 00:05:01

“Arresting a developer because his code was used for money laundering — his arrest is like arresting Edison because his bulb was used by the Nazis. It’s the same analogy, and that’s not okay.” — Greg Osuri, 00:17:09

“GitHub is no longer a service discovery tool for web3 and we need to do better… moving away from GitHub to a more decentralized system like a Radicle or a Gitopia… I think is the future.” — Greg Osuri, 00:12:50

“The big difference between the open systems that are prominent so far versus web3 is that web3 comes with functionality, whereas open systems don’t come with functionality… with something like web3, you use an open source software, it comes [with] the network capability where you can fully realize the power of the software.” — Greg Osuri, 00:37:59

“If we can improve the developer experience, especially around interoperability, I think this is going to go places where web 2… can’t even come close. So I’m very, very confident on where we’re going.” — Greg Osuri, 00:40:08

“US DoD is, I think, the purest form of government… they don’t care about anything else except protection, and them really looking at a technology and putting a stamp is such an amazing feature. If any branch of government would use [it], I would prefer the US military as a first user of Akash.” — Unknown, 00:02:11

“That’s coming out in a few weeks… this should be the last big update before the GPU, so we’re going to be actively working on GPUs after the IP leases release. It’s really exciting — talk on GPU is heating up.” — Greg Osuri, 00:02:56

“It’s very obvious now, bear market, but I think it’s going to be a lot worse — I mean that’s the general consensus — and it’s a prolonged market… with the console I think we can hunker down and hyper focus on users and nothing else, and when the light finally comes you’re going to see a lot of these efforts come to fruition.” — Greg Osuri, 00:31:28

“You can’t have a top-down approach… it really has to be a bottoms-up. It’s not a company, it’s an ecosystem… Every enterprise we are in right now happened because there was a developer, a hacker, or somebody curious… used the Akash network, participated in one of our hackathons, and took that back to the enterprise and gathered support… If you go top-down and be like ‘hey, we’re 95% cheaper than Amazon,’ people throw you out, because it’s unbelievable.” — Greg Osuri, 00:13:31

“What crypto allows us to do is coordination — permissionless coordination at planetary scale… I think it’s very, very important for us to shift our focus away from finance and think about what we can do beyond finance.” — Greg Osuri, 00:51:29

“Digitalization of ownership, I think, is going to be a lot bigger than DeFi. I think NFTs are going to be a lot bigger than DeFi… DeFi is essentially taking the old, oligopolized model of how to deal with finance and modernizing that, but NFTs unlock whole new levels of engagement with what has been traditionally very hidden and very inaccessible.” — Greg Osuri, 00:44:14

“Mainstream definition means 50% of 14,000 companies all have [a] web3 strategy — I would consider that mainstream. I think we’re going to see that in five years. I mean, by 2027 at least… Ernst & Young… they think it’s 2030, just by following the trajectory of cloud… but I believe as we evolve in tech stacks they tend to get faster in terms of adoption, and I believe 2027 will be the date.” — Greg Osuri, 00:40:30

“It’s not about having hundreds and thousands of applications on day one… it’s quite the opposite: it’s one, two, three key applications that will bring hundreds of millions of users… it was Netflix that changed the face of Amazon.” — Greg Osuri, 01:01:40

“I think crypto makes it a lot simpler to track… crypto actually makes it easier to track crime and shut down than an opaque system that we had before.” — Greg Osuri, 00:55:10

“I always like the idea of owning my own data. Urbit is sort of delivering that, and Akash will be the first decentralized cloud to be able to run Urbit.” — Greg Osuri, 00:02:57

“The biggest reason why people leave Akash is they run out of money — like, it’s really that dumb… it’s like [a] parking meter, you forget to put more money in… the deployment goes away and I have no idea why my deployment went away… churn has been a larger contributing factor for a flat adoption curve.” — Greg Osuri, 00:36:50

“Using AI, folks right now are creating not only drawings but animations. Very soon you’ll be able to see a full feature-length film made with AI — and a lot of this means so much compute power.” — Greg Osuri, 00:08:41

“I think the investments are going to dry up maybe in September of next year, because that’s when all of funds will go dry… so there is investments for really good projects, but the likeliness of you raising money pre-product-market fit is very very low.” — Greg Osuri, 00:31:49

“It’s very obvious bear market, but I think it’s going to be a lot worse — I mean that’s the general consensus — and it’s a prolonged market. So with the Console I think we can be hunkered down and hyper-focus on users and nothing else, and when the light finally comes you’re going to see a lot of these efforts come to fruition.” — Greg Osuri, 00:04:24

“One of the recent use cases for Akash was with the U.S. Department of Defense, using Akash Network to secure inter-group communications. So when people start seeing some of these advanced use cases used by the government, I think the government and regulators will have a different opinion on how Akash is used and how web3 is considered.” — Greg Osuri, 00:05:04

“Overall I think November — we hit the bottom. We’re starting to see some recovery… there’s indication inflation actually reducing, so that could actually influence the Fed to pivot — a pivot means that they would start reducing interest rates sometime next year. So this is the worst part of the bear market, I think.” — Greg Osuri, 01:11:57