Inversion Chain Aims to Become the Berkshire Hathaway of Crypto
Empire co-host Santiago Santos announced the development of Inversion Chain, aiming to simplify crypto usage for businesses without requiring deep understanding from users. Key points include:
- Inversion Chain aims to become a user acquisition channel for crypto.
- The project has been in planning for seven months and is now hiring.
- The chain will be built on Avalanche for customization and EVM compatibility.
- Santos emphasizes retaining users by showcasing practical use cases of crypto.
- The goal is to onboard millions of new users through core services like mobile and stablecoins.
- Santos draws an analogy with Berkshire Hathaway, focusing on business acquisitions to bolster crypto adoption.
- No specific launch timeline has been set yet.
This approach reflects a shift towards mainstream adoption, where crypto becomes integrated into everyday transactions.