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What is Integral's vision?
Professor JEY offered a glimpse of Integral's future in response to our advisors at Framework Ventures.
Integral has always been building for the Year 2040.
We believe that in the Year 2040, every person in the world will have a crypto wallet that contains at least 20% of their personal wealth. Crypto will be legal. Any activities that can be done now in traditional finance (payment, lending, investing, insurance, etc.) will be done on a comparable scale in Defi. There will even be major emergent applications that traditional finance doesn't currently have (world central banking managed by algorithms and voting etc.).
In the world of 2040, Integral will be a go-to liquidity pool for global consumer interfaces (the future versions of Facebook/Alipay/Visa). Integral tokens, ITGR, will be chiefly co-owned and governed by these consumer interfaces. Integral is the protocol that they co-own and use to source liquidity from LPs. LPs will earn trading fees. LPs may also choose to own ITGR in order to influence policies in their favor when dealing with these consumer giants. Billions of consumers will even indirectly route their trades through the fully decentralized Integral protocol without knowing it.
To imagine the future of tech, we can first look back in history. We most admire the pioneers of 1970s Silicon Valley. Back then, the whole computing community was divided into 4 groups:
- people who'd never touched a computer
- geeks who were passionate about learning new concepts and building a computer
- consumer-facing companies which shipped great product (sadly most of them died in the history)
- labs/technology-driven company which made terrific components such as the Intel 8080 CPU.
This is precisely what the crypto world looks like right now. We are currently discussing IL or No IL, with the same enthusiasm as geeks discussed circuit boards 50 years ago. This is incredible! Because of early adopters like you and us, consumers right now don't need to know anything about circuit boards, they just go and buy a perfectly sealed Mac. What came out of these discussions materialized into infrastructure companies like Intel, building infra-level components that have a profound effect on society.
This is exactly what we aspire to be—building components that will keep empowering the Defi revolution for the next 20 years.
This is not always easy. As JFK once said, "your successes are unheralded — your failures are trumpeted." But we are fully committed and excited for this magical journey, and we are so happy that you will be joining us!
Is there someone I can contact for strategic partnerships?
Does the team plan to stay pseudo-anonymous?
Yes, we prefer to stay pseudo-anonymous. This means that our identities are known to our close collaborators and advisors, but we won't be using our personal names in public.
Just like you, we believe that privacy is an important foundation of the new financial system. And we think that our choice has proven to be the right path towards creating public credibility without endangering private freedom.
We will be sticking with this decision before and after the Integral Protocol is fully decentralized. As Integral becomes fully decentralized, team identity becomes completely irrelevant.
On principle, for any inquiries such as "Is XXX on the Integral Team", the answer is always "No", regardless of the situation. And if you do not feel comfortable with pseudo-anonymity, we suggest that you stay away from Integral tokens until perhaps a later time. We welcome you to use our products.
For God's sake, Bitcoin's founder is anonymous. Plus, we like that @professorJEY is a charming personification of the best qualities of our whole team.
Who are your public advisors?
Our current advisors include Rob Leshner (Compound), Tarun Chitra (Gauntlet), Vance Spencer, Michael Anderson (Framework Ventures), and Olaf Carlson-Wee (Polychain Capital).
Last modified 3mo ago