Watch > Episode > Ben Mincu - Building Transparent Decentralised Financial Services That Bring Freedom & Opportunities For All

Ben Mincu - Building Transparent Decentralised Financial Services That Bring Freedom & Opportunities For All

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Co-Founder & CEO of Elrond

Today’s guest is a man with bold ambitions, and if the work he and his team has done over the last twelve months is anything to go by, that business trajectory is only likely to accelerate in the very near future.

Beniamin Mincu is a technology entrepreneur, investor and blockchain pioneer, considered by many in the cryptosphere to be a visionary with the determination to not only grow the whole sector but also create the kind of financial freedom and work-life opportunities for people from every corner of the planet.

Romanian by birth, Beniamin has spent the last decade immersing himself in blockchain technology, making shrewd and calculated investments in early-stage startups as well as working with more established business models to help deliver the exponential growth we’ve witnessed in crypto and DeFi.

His greatest achievement, however, has come as co-founder of the Elrond Network, a blockchain protocol that has focused effort, capital and energy on solving the puzzle that has provided the greatest challenge to crypto and DeFi adoption and scalability – transaction speed.

Elrond uses a unique sharding mechanism that has enabled the platform to execute as many as 15,000 transactions per second, whilst simultaneously negating the performance problems that have plagued their predecessors.

Beniamin has little time for rivals and competition, instead preferring to focus on a deeply held desire to match the heightening expectations of an ever changing world.

Beniamin’s ultimate goal is to bring the next 1 billion people into the cryptospace by creating a user-friendly experience and simplifying requirements so that anyone in the world can interact with this technology.

The way we live, work and play is already undergoing a shift the likes of which the world has never seen before, and with such rapid change and growth comes enormous opportunity. An opportunity that Beniamin believes is and will continue to be, open to everyone, anywhere.

To facilitate this, Beniamin and his team have recently launched the Maiar Decentralised Exchange, a digital wallet and global payments app and to kickstart the mainstream adoption rally, a $1.29 Billion USD liquidity mining incentive program that Elrond hope will lay the foundation for a truly global financial system.

Beniamin is a fascinating guy with a contagious enthusiasm and genuine desire to spark lasting change, which is one of the key reasons Elrond has seen such rapid growth. Beniamin is determined to provide opportunities in places where none have previously existed and encourages all who listen to get onboard now and take advantage of what remains a burgeoning space.

If you’re keen to take advantage of these opportunities and increase your earning power as we head into a brand new year, then take some time to consider joining my DeFi Academy. I’ve just welcomed a whole host of enthusiastic and passionate students all looking to take advantage of this huge technological shift that is taking place, and my next course is now open for applications.

DeFi and the blockchain will completely revolutionise the way we as consumers understand and interact with our money.

It is the reason why my team and I are going all-in and plan on spending the next 10 years teaching, understanding, investing in and profiting from this exciting new marketplace.

So make sure you lock in your spot now and be part of The Greatest Dislocation of Wealth in Human History.

After all as Beniamin himself reminds us,

“Blockchain technology will open an era of unparalleled opportunity.”

Make sure you take your seat at the table.

Download clips

A number of clips from this exclusive interview are now available to download, share and repost. Spread the word: grab these clips today!

  1. Web 3.0 opens up a new type of economy.
  2. We need simpler applications.
  3. We want to onboard billions of people.
  4. How’s Elrond different from the competition.
  5. Does the blockchain industry understand UX?
  6. Can Ethereum change to proof of stake?
  7. UX is critical for mass adoption.
  8. The gamification of crypto.
  9. NFTs and digital ownership.
  10. The metaverse will be stronger than a drug.
  11. Will AI be our final invention.
  12. Building Elrond in a small city in Romania.
  13. Crypto payments going mainstream.
  14. Open your eyes to the generational opportunity ahead of us.

Chapters

00:00 | Trailer.
02:54 | Brian’s introduction.
03:53 | What Ben Mincu sees in this industry as a whole.
10:18 | How Ben explains his vision to the lay person and how Elrond and Meyer will facilitate the vision.
15:34 | Speed is important, the layer one waws, what Elrond is doing about this.
21:35 | How Elrond differs from the likes of Solana and Avax.
24:53 | The importance of the user experience. Should it be the number one priority?
29:12 | Ben Mincu’s thoughts on the Ethereum experience.and how Ethereum should proceed.
33:37 | How the user experience is so important to Ben and how Elrond is working to improve it.
43:10 | Gamification in the DeFi space is making the user experience easier, and finance understandable and fun.
46:15 | Crypto, Webtree and NFTs have sparked a fire in this new generation unlike anything else.
51:10 | NFTs, the psychylogy of them and their possible future.
1:00:21 | How Ben Mincu defines the Metaverse, its positive possibilities and negative points.
1:05:55 | Is it a good sign that Facebook has changed its name to Meta?
1:06:55 | Is Yatsu correct in saying it is the biggest fight of our generation, maybe all humanity?
1:08:07 | A.I. and Neurolink and the neural interface, the pros and cons, and why he believes this is going to be the roaring twenties.
1:13:05 | What he thinks we should learn from the roaring twenties.
1:16:46 | How Ben and his colleagues were able to build Elrond.and the hardest moments along the way.
1:24:32 | The biggest challenge for Ben in 2022.
1:28:08 | How people can get involved with Elrond.
1:29:01 | Final thoughts from Ben Mincu.
1:30:17 | Brian’s summing up.

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