Aptos launches with zero transparency which begs the question: Do we need another L1?
Crypto Parabellum PodcastOctober 19, 202200:42:39

Aptos launches with zero transparency which begs the question: Do we need another L1?

Crypto Parabellum Podcast Episode 11, October 19th, 2022 (Chapter Details Below)

00:00 Introduction - Don't Underestimate the Power of a Good Office Chair
03:25 Beginning of Aptos Discussing
04:50 350m Raise by a16z, Multicoin, FTX Ventures, Binance
05:38 Aptos Tokenomics purposefully vague -- Which Took Cobie on Twitter Calling them out
06:38 Why Do Tokenomics Matter?
09:40 Fully Diluted Value of Aptos on release day is 7.6bn
12:11 Tranches of Token Release Details for Aptos
12:35 Investors 13.5%
12:55 Aptos Foundation 16.5%
13:10 Core Contributors 19%
13:21 Community 51% (125m unlocked at genesis)
14:25 400m raise for 13.5% is a pre-market valuation of approximately 4bn
16:25 Foundation going to give out grants to build on Aptos
17:10 Aptos created their own programming language called move
18:10 Aptos as a L1 is worth nothing without things being built on top of it.
19:42 The Playbook for VCs has changed, and they're executing it with Aptos. The New Model to make money looks exactly like this. Put big name money behind the L1. Fund Builders/Network for your L1.
21:35 This is the narrative for the next Bull Market

https://aptoslabs.com/