92 - Tokenizing PoolTogether, with Leighton Cusack
Nov 05, 2019•1 hr 6 min
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Episode description
Leighton Cusack is the CEO of PoolTogether. David and Leighton have been collaborating on possible ways to tokenize the PoolTogether application with a value capture token. This episode is about that
Topics
- How PoolTogether works
- The importance of the Dai reserve
- The two token models to tokenize the Dai reserve. Pros and Cons of each.
- Building on Ethereum "I would rather fail on Ethereum than succeed on anything else" - Leighton
- Compounding contract risk
- How PoolTogether is a financial application, not a lottery or gambling application
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