Stephen Novenstern (Kintsu) on Building on Monad (EP.565)
Episode publishedPodcast: On The Brink with Castle Islan...On The Brink with Castle Island
Transcript preview
Preview only
Today on the podcast, I sat down with Steven Novinstern, the founder of Kinsu, a portfolio company of ours that's building in the monad ecosystem. This was a fun conversation that touched on the history of the DeFi ecosystem, some of the new primitives that have emerged over the past few years, and what is likely to be launching in the monad ecosystem. I think you'll enjoy this one. So without further ado, here's my conversation with Steven from Kinzu. Matt
Walsh and Nick Carter are partners at Castle Island Ventures. All of these expressed by them or the guests on this podcast are solely their opinions and do not reflect the opinions of Castle Island Ventures. Guests and those may maintain positions in the assets discussed in this podcast. You should not treat any opinion expressed by anyone on this podcast as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of their personal opinion. This podcast is for informational purposes only. Brought
down by Bad Mortgage Investments, Lehman, which has 25,000 employees, will be liquidated. The federal government loans American International Group, AIG, $85,000,000,000. This is a different kind of market, and the Fed is asleep. The federal government is stepping it to stabilize Fannie Mae and Freddie Mac, the 2 mortgage giants that have been threatened by the housing crisis. The Bank of England has pumped £75,000,000,000 more into Britain's ailing economy. And the new round of quantities is easy. You
print a couple trillion dollars, and all of a sudden, people start to worry. So out of this worry, we have something called the Bitcoin Bitcoin. Steven,
thanks so much for joining us today on podcast. Love talking about Monad and excited about what you're building. Thanks.
Pleasure to be here, Matt. Very excited about Monad as well.
So before we hit record here, we're talking in the weeds about DeFi, and I'm always just curious how people got so deep in the space. So what was your story and how you got so deep in DeFi to begin with? And then we'll start talking about Monad. It's
definitely very active DeFi summer back in the early days of Uniswap. I remember the SushiSwap VampireTech, but I actually really got into crypto around 2016 or so. I think I started buying some Bitcoin ETH and building an egregious amount of Ethereum mining rigs in my then Williamsburg Brooklyn apartment. But I think DeFi definitely was more of an ad tech person for the majority of my career. Some might say Web 2 monetization, DSPs, SSPs, Programmatic Media. And I feel like I found my way into programmatic finance through the world of DeFi.
I think programmatic media might be the only thing more complicated than DeFi. It seems like a very complicated field there. Maybe
Keep exploring with a free account.
A free account preserves the short preview. Upgrade to Pro for the full transcript and episode chat.