The Most Important Thing Podcast: Ep. 2 on the FTX Saga ft. Mindaugas Savickas from Ruby Protocol🎙

Shashwat Eternal
Root Network
Published in
2 min readNov 11, 2022

InterStellars,

We’ve all been glued to our screens and blown out of our minds by the past few days as the FTX saga has unravelled.

NFT3 got founder Dylan Dewdney and CMO Shashwat Eternal to join Mindaugas Savickas, General Manager at Ruby Protocol to discuss, sharing insights and hope at this difficult time for the entire web3 space.

For those who would rather read, some key ideas include:

  • The Jungian roots of religiosity — humans are wired to want leaders, despite their flaws
  • Technology as the ultimate magnification tool — even for human errors
  • The moral weight on the shoulders of those building at the forefront of web3
  • The importance of having a very long term time horizon to see past the most recent trend (or tragedy)
  • The cyclical nature of markets — all markets, not just crypto
  • The dialectic between Decentralisation and Regulation will only get more tense as time goes on
  • Ends with an inspiring quote by Carl Jung delivered by Mindaugas!🤩

A LOT of lessons are there to be leanred from what has happened. We hope we’re able to proovide some historical perspective, and hope for the future with this podcast.

Without further ado, here’s Episode 2.

About NFT3

NFT3 is the First Unified Decentralized Identity and Credit Network for Web3.

NFT3s will become a direct monetization path for individuals to associate value on their terms with various aspects of their data journeys through life with different projects, individuals, social networks, companies, and institutions.

Website | Whitepaper | Telegram | Twitter | Discord

--

--

Shashwat Eternal
Root Network

Novelist + ex startup founder + full time marketer in web3 for 3 years. I write about growth, the collision of culture and technology, and optimistic futurism.