In this special episode recorded live at the Avalanche Summit at Historic Hatfield Park, we sit down with John Nahas, Chief Business Officer at Ava Labs, for an in-depth conversation about Avalanche's vision for the future of blockchain.
John shares his fascinating journey from international affairs and policy work to becoming a key figure in crypto, including his early Bitcoin discovery at a Los Angeles coffee shop in 2012 and his path through traditional finance, media, and eventually to Ava Labs.
We explore why John believes we're entering "L1 season" and how Avalanche's multi-chain architecture is positioned to capture this shift. From Web3 gaming finally becoming indistinguishable from traditional gaming to enterprises needing their own purpose-built chains, John breaks down why general-purpose blockchains are becoming obsolete.
Key Topics:
🔺 John's background: from political wonk to international trade to crypto pioneer
🔺 Why Web3 gaming is "just starting" and how Avalanche enables true scalability
🔺 The coming "L1 season" and why L2s are starting to falter
🔺 How the C-chain acts as a hub without fragmenting liquidity
🔺 Enterprise adoption and why every business will need its own chain
🔺 The importance of regulatory clarity and building in New York
🔺 Why the best tech doesn't always win and how Avalanche is addressing this
Recorded at the Avalanche Summit, this episode offers unique insights into one of crypto's most ambitious ecosystems and the strategy behind making blockchain technology truly accessible for enterprises, gamers, and developers alike.
Chapters:
00:00 Welcome to the Defi Podcast at Avalanche Summit
00:32 Introducing John Neha: From Tradify to Crypto
01:19 John Neha's Journey into Blockchain
07:50 Building Token Vault and Early Blockchain Ventures
11:57 Exciting Developments in Avalanche
14:24 The Future of Web3 Gaming on Avalanche
17:44 Avalanche's Unique Approach to Blockchain
20:41 The Evolution and Future of Crypto
24:16 Launching Your Own L1 Chain
24:42 The Rise of L1 Season
25:31 Challenges and Opportunities for L2s
27:10 The Value of L1 Chains
29:32 The Role of the C-Chain
34:19 Highlighting Use Cases and Supporting Builders
41:48 The Importance of Transparency in Crypto
44:49 Avalanche Summit and Community Building
47:01 Final Thoughts and Wrap-Up
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Disclaimer: Nothing discussed on this podcast constitutes financial advice. The hosts and guest may hold positions in some of the assets or projects mentioned during the episode. Please consult a professional investment advisor and do your own research before making any financial decisions.
#Avalanche #L1 #Web3Gaming #Enterprise #Blockchain #DeFi #AvalancheSummit
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