Two years ago, I quit my beloved job on an amazing team at Amazon Web Services (AWS) and founded Abstract Money alongside Robin Bisschop.
Read why here: https://lnkd.in/ebqvWpja
Or TL;DR here:
Prior to entering big corporate, I had been building in Web3, a space dedicated to the decentralization of finance, governance, and compute. In Ethereum, I'd participated in multiple hackathons, worked on research papers, but ultimately come to the conclusion that a global decentralized computer would never work, even with scaling solutions like rollups and layer-2s.
At AWS, I confirmed firsthand that these monolithic systems cannot scale. Modularity and microservice based architectures are key to scaling to billions of users for platforms the size of Amazon. Seeing how AWS worked actually lead me to find the Cosmos ecosystem where different blockchains can interoperate using Inter Blockchain Communication (IBC). Sound familiar? It should. Similarly, your computer uses TCP/IP every day to connect with other computers. I knew that this "Internet of Blockchains" was the best solution to scaling decentralized tech. I felt like I'd discovered the Internet before anyone else.
While networked systems might *technically* scale better, the user and developer experiences certainly do not. Decentralized apps (dApps) are fragmented across multiple chains, leading to terrible onboarding and UX, ultimately hindering adoption. So, most users (and value) remain in Ethereum or other monolithic systems. Developers are then forced to choose to leverage this tech, regardless of its effectiveness - or lack thereof - in building their application, because *it's where the users are*. This limits the scalability and extensibility of dApps, hindering adoption even further.
We seek to solve these problems with Abstract Money, bringing together users and developers in one unified app platform. Using our tooling, developers can build apps agnostic of the underlying chains, meaning that they're fully portable, interoperable, and yes, they're modular. Backed by our on-chain infrastructure and chain-abstracted wallet, our app platform allows users discover and interact with dApps on *any* chain, regardless of the tech. No more switching chains, paying for gas, bridging tokens, or even new tabs.
Abstraction is the key to adoption. Users care about the experience, not the tech. If this is something you believe in as well, we're hiring! Check the comment for the link.
