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This episode of the #citizenweb3 podcast features Michael Messele, CEO and co- founder at The Pillar Project. Pillar aims to be an open-source, community-run wallet that serves as a gateway to DeFi and NFTs. The platform aims to be an all-in-one place for tokens, decentralized applications (dApps), NFTs, and DeFi services for users. Pillar Wallet is powered by Etherspot. Etherspot is a multi-chain #ERC-4337 developer platform that provides solutions for dApps Our guest Michael Messele has been involved in crypto for over a decade and has witnessed many cycles repeat themselves. Michael started his journey in traditional finance and was converted to web3 by the possibility of data sovereignty. Michael also gives us a superb explaination of the differences between web2 and web3. He also gives us his secret to success with startups and how he feels it is best to manage leadership structures. Timestamps 00:00 -- 01:29 : Intro 01:29 -- 05:26 : Michael gives a brief description of his journey. 05:56 -- 13:00 : Are we still on track toward a decentralized world? 13:00 -- 19:46 : Michael gives his secrets to success, logevity in the space and leadership. 19:46 -- 25:57 : Trustless systems and levels of trust in organisations. 25:57 -- 28:46 : What made Michael choose Pillar? 28:46 -- 31:47 : Michael gives great defiitions for web1, web2 and web3 31:47 -- 42:36 : Diving into account abstraction and data soverignty 42:36 -- 48:36 : Michael gives his thought on balancing UX design and decentralization at Pillar. 48:36 -- 53:51 : What is stopping adoption of Web3? 53:51 -- 58:37 : The Blitz: 58:37 -- 1:00:04 : Outro We spoke to Michael Messele (https://twitter.com/mm319?lang=en) about Pillar (https://www.pillar.fi/) and: - Journeys in the Crypto Space - The secret's of successful leadership structures - Mass adoption - Trustless systems - Smart Wallets - Account abstraction - Empathy in leadership - The definition of Web3 - Banking the unbanked - The importance of communication - Data sovereignty - Principles versus revenue If you like what we do at Citizen Cosmos: - Stake with Citizen Cosmos validator (https://www.citizencosmos.space/staking) - Help support the project via Gitcoin Grants (https://gitcoin.co/grants/1113/citizen-cosmos-podcast) - Listen to the YouTube version (https://youtu.be/Z6z4Cgz01-4) - Read our blog (https://citizen-cosmos.github.io/manuscripts/) - Check out our GitHub (https://github.com/citizenweb3) - Join our Telegram (https://t.me/citizen_web_3) - Follow us on Twitter (https://twitter.com/cosmos_voice) - Sign up to the RSS feed (https://www.citizencosmos.space/rss) Special Guest: Michael Messele.
In this episode of the Tax Bites Series, following the publication of the draft Multilateral Convention on Amount A and related documents on 11 October 2023, the speakers give an overview of the current state of play of Amount A. They discuss how Amount A may impact your organization and how to prepare for it and conclude with some key-takeaways.Have a look at all our previous episodes and stay up to date on www.pwc.be/tax-bites
This twelfth episode of Crypto Hipster's Mysticals is a compilation of short clips from Seasons 4 and 5 of the Crypto Hipster Podcasts. This episode comprises podcast segments from Crypto Hipster's interviews of: Alex Shevchenko–CEO and Co-founder of Aurora.dev Michael Messele–CEO and Co-founder of Pillar Project and CEO of Etherspot Jeff Garzik–Co-founder of Bloq and Founder of Next Cypher All original podcasts can be listened to in their entirety on the Crypto Hipster Podcast channel on your favorite medium, including Apple, Spotify, Amazon and others. --- Support this podcast: https://podcasters.spotify.com/pod/show/crypto-hipster-podcast/support
Michael Messele is the Co-Founder and CEO of Pillar Project, and also at the helm of Etherspot, revolutionizing cross-chain asset transfers and Web3 user experience. A seasoned campaigner in the FinTech realm, Messele brings his 15+ years of experience to the table, sharing profound insights from his blockchain journey. Today, Messele outlines the significance of decentralized economies and how it can shape future technologies. From Cranfield School of Management to leading multiple blockchain-centric projects, Messele discusses his leadership ethos, entrepreneurial spirit, and his keen interest in exotic derivatives and independent pricing verification. During the podcast, we focus on the major pain-points of blockchain adoption. They discuss how to create a frictionless Web3 user experience via Account Abstraction, the potential to draw millions into the DeFi space, and demystify the transition from Web2 to Web3 for developers. Also, they contemplate why Decentralized Autonomous Organizations (DAOs) should ideally steer product development in the blockchain arena. Additionally, we attempt to unravel Etherspot's contributions to simplify decentralized apps usage and minimize transaction barriers. They converse about account abstraction's role in simplifying decentralized wallets usage while preserving data ownership. Furthermore, the hurdles faced by Web2 developers during the Web3 transition and the solutions Etherspot provides to smoothen this transition are discussed. Finally, the future of web development, the evolving dynamic between DAOs and conventional product development structures, and data ownership's importance are expounded upon. Stay tuned for an enlightening discussion on the power of decentralization, continuous learning, and the future of blockchain.
Michael Messele is the Co-Founder and CEO of Pillar Project, where he leverages innovations built on the decentralized economy. He is also the CEO of Etherspot, an all-in-one, EVM-compatible framework and a very much-needed game-changing innovation in cross-chain asset transfers & Web3 user experience. He has been actively involved in the space since 2016, and is an experienced campaigner within the FinTech industry, coupled with a previous start-up exposure. Messele has built many technological tools with a career spanning for over 15 years. Previous to Pillar, he co-founded a start-up called Afalagi and built a successful directory inquiry business in a developing emerging market. Michael has an MBA from Cranfield School of Management, and is specialized on leadership, coordination, entrepreneurship, exotics derivatives, independent pricing verification, blockchain-based innovations, crypto, and more. --- Support this podcast: https://podcasters.spotify.com/pod/show/crypto-hipster-podcast/support
EU Parliament Governance and BlockChain DEC-2018 on the Traders Network Show Event: EU Parliament Governance and BlockChain Location: EU Parliament (Brussels, Belgium) Panel Guests: - David Siegel, CEO/Founder of Pillar Project and 20/30- Catalin Ivan, MEP/Social Democrat, Romania Economic Affairs Committee- Petris Zilgalvis, Co-head of FinTech Task Force, European Commission- Paul Astengo, Sr. Executive & Blockchain Lead, HM Government of Gibraltar- Louis De Bruin, IBM Blockchain EuropeModerator: Brad Staples, CEO APCO Worldwide A Traders Network Show Production with Equities.com Produced by: Matthew Bird & Dennis Beckert Directed by: Matthew Bird Visit: TradersNetworkShow.com
Aired Dec 6, 2019 Drew Harding Talks Smart Contracts Blockchain & DAOs in The Era of Government Regulations Drew Harding from the Pillar Project talk Pillar's progress, David Siegal's roll within the organization nowadays and Drew's take on the roll of Decentralized Autonomous Organization in this era of Government regulation. I also get his take on the latest DOJ investigation of the Ethereum developer Virgil Griffith and his ties to North Korea. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app Support this podcast: https://anchor.fm/crypto-blood/support
Episode notes:
David Siegel is the world’s first web designer and is the author of five books on the web and business. He has started 23 companies, including Studio Verso, one of the world's first digital agencies, which was sold to KPMG. His most recent book, which is highly rated on Amazon, is called Pull, which describes the shift from powerful companies to powerful consumers. In 2016, David was a candidate for the post of dean at Stanford Graduate School of Business. In July 2017, he led a team of volunteers to the successful ICO of The Pillar Project (tagged “the easiest cryptocurrency mobile wallet to use”), which raised more than US$20 million. He’s also the CEO of 20|30, a venture studio based in London. “From a forensic point of view, the reason most start-ups fail is failure to make the sale. So people don’t understand this; they think it’s some kind of product-market fit or engineering or the product wasn’t good enough, or it was management, or there wasn’t enough money. In fact, all those things are second or later causes; the number one cause of failure is failure to make the sale.” – David Siegel, who has done around 23 start-ups in his career Worst investment ever Number 1 The first one was a US$100 million mistake. He had an ICO, and ether (cryptocurrency) was valued at around $170, or his ICO had a $21 million valuation at the time (that’s how much money he had raised). By the end of that year, he had $150 million worth of ether. In the time after the ICO, he became more conscious of money management. He knew he was at the right time to cash out, but it turned out that turning ether into cash would be difficult. He was trying to sell ether and get to dollars in any way he could, but the banks were refusing to take his ether because it was difficult to do the anti-money-laundering (AML) and KYC due-diligence compliance. After trouble also with currency exchanges, which were saying he had to exchange back into ether again, and months of trying to find banks to accept his money (he wanted to put around $50 million into a bank account right away), he could not, because AML laws were standing in his way. While this was going on, ether was going down in value as was bitcoin. At the end of it all, ether had dropped back down to $350. David hoped it would climb again but it went down to $73. So the value of his company fell from $150 million down to $5 million. The company is still alive and “still has the lights on”, but it has slimmed considerably. As David said: “It’s austerity time here”, but he believes his team is going to make it work in the long run. Numbers 2 and 3 David discussed two other business investments he was involved in – a brick factory in Cambodia, and a new kind of wholesale mortgage company, the latter which failed due to the lack of “regulatory capital”. Some lessons Astute money management is essential: You lose money pretty much the same way you make it, through money management. Your money management scheme determines if you are going to be a winner in the long run. Be wary about asset allocation and remember diversification. Failure in these areas can often result from overconfidence, which is based on being too optimistic and seeing all the potential upside and not looking broadly and deeply enough at the downside. Andrew’s takeaways The potential impact of macro-economic and external factors are supremely difficult to predict and factor in. The effects of such factors, whether they are major economic upheavals in a country or region, government regulations, political power shifts, can be very hard to estimate and allow for. Beware the error of inaction. When you find an idea you like or something you’re interested in, don’t make the mistake of not doing anything. If unsure about the potential of an idea, remember the smaller position option. Try to figure out how you can take a small position in an investment, rather than blowing all your money just because you like the idea. Actionable advice Learn to sell and learn all about money management. #1 goal for next 12 months Pillar Project is Daniel’s pride and joy and he expressed hope that listeners would visit PillarProject.io and learn about its mission to change the world. His team for the next 12 months wants to build on a strong platform product, which was launched a month ago (at time of recording) and is seeking a following of at least a million people by the end of the year. He points out that the Pillar Project is part of the Personal Data Movement, which is the idea of taking back control of personal data, that people should own their personal data and decide what to do with it. He added that people should run their own algorithms to help them, and not Amazon’s or Facebook’s or Google’s. Parting words David is a self-confessed student of failure, and one of his favorite authors is child-development expert Alfie Kohn. David asserts that Kohn is also a business guru, because, he says, if you know a lot about children, you can understand markets. “It’s not just the habit of attributing your failure to being stupid that holds you back but also the habit of attributing your success to being smart.” – David Siegel, quoting Alfie Kohn You can also check out Andrew’s books How to Start Building Your Wealth Investing in the Stock Market My Worst Investment Ever 9 Valuation Mistakes and How to Avoid Them Transform Your Business with Dr.Deming’s 14 Points Connect with David Siegel LinkedIn Connect with Andrew Stotz astotz.com LinkedIn Facebook Instagram Twitter YouTube My Worst Investment Ever Podcast Further reading mentioned Edward O. Thorp (2017) A Man for All Markets: From Las Vegas to Wall Street, How I Beat the Dealer and the Market David Siegel (2009) Pull: The Power of the Semantic Web to Transform Your Business
Data breach after data breach, hack after hack, our personal data is all over the internet, and is at risk of being compromised. What can we do to change how our digital identities and information is accessed, used and abused by organizations who rely on our data to provide services? David Siegel, a web pioneer, futurist, writer, thought leader and CEO of The Pillar Project (www.pillarproject.io), is working tirelessly to change the personal data paradigm.
Tomer Sofinzon offers a glimpse into the future with an open-source personal data locker and digital assistant, and promises me the Pillar Project unconference [Vilnius 15-21st July] is not only for geeks! Blockchain + Bitcoin + Pillar + ICO + Cryptocurrency + Data + Finance + Society + Technology ----more----Pillar Project: Your data, your lifeThe goal of the Pillar Project is to return control over personal data back to its rightful owner - you.Starting with an open-source wallet to store, transact, and track cryptocurrencies and tokens, the Pillar Wallet will evolve into a decentralised, personal data-management platform. Tomer SofinzonCo-founder/CRO at Pillar Project Tomer Sofinzon has spent over 15 years between the US, Europe, and Israel, concentrating on technology entrepreneurship and investments. Tomer founded eight companies, among which is the Pillar Project, where he’s the founder & Chief Business Development Officer. The Pillar Project is an open-source, blockchain-based wallet that will evolve to become your personal digital assistant and the dashboard for your digital life; it promises to bring data sovereignty, financial inclusion, and the power of a “pull” economy to people around the globe. Tomer has made multiple angel investments and has worked extensively in venture capital, focusing on strategic partnerships. [Edited transcript to follow] TRANSIT LOUNGE RADIO @ LOGIN 2018 LOGIN 2018 – the first, largest, most uncompromising innovation bash in the Baltics. At LOGIN, the roadmap for INNOVATION is TECHNOLOGY x CREATIVITY x BUSINESS. Whether you’re a blockchain geek, a currencies philosopher or a sophisticated designer, if you believe your desk isn’t the only place where innovation happens – you must LOGIN!Content isn’t everything. Context is everything.Transit Lounge Radio brings you conversations from LOGIN 2018!Hang out in the Transit Lounge on facebookReviews and stars on iTunes Apple Podcasts make us happyListen on the TLR YouTube ChannelConversation, Nomadic, Future, Design, Society, Technology, Innovation, Entrepreneur, Data, Money, Cryptocurrency, Login, Storytelling, Creativity, Geeks, Blockchain, Blockgeeks, FinTech, loginreality, Pillar Project, Podcast, Transit Lounge
David Siegel is one of the world's first web designers, a strategist, bestselling author, and a pioneer of the "personal data locker" concept. He's the CEO of the Pillar Project - a next-generation universal smart wallet that uses tokens and 20.30, a community of people who want to build the decentralized world, which includes blockchain, cryptocurrencies, decentralized apps and more. Having built one of the earliest websites on the internet in 1994, David went onto help Fortune 500 companies get themselves online, before eventually selling to KPMG. Speaking to Carlos, he outlines how bodies like the SEC should move towards evidence-based regulation of crypto assets. David argues that we are not in a crypto bubble, as bubbles imply the total collapse of an asset class value forever. Meanwhile, he says, the 'value of all cryptocurrencies will continue to rise, though with plenty of volatility for the foreseeable future.' Show notes: Carlos Medium: sdca.mp/2entVR3 Seedcamp: www.seedcamp.com The Pillar Project: www.pillarproject.io Related bio links: Carlos: linkedin.com/in/carloseduardoespinal / twitter.com/cee David: linkedin.com/in/siegelventures/ / twitter.com/pullnews The Token Handbook: hackernoon.com/the-token-handbook-a80244a6aacb
David Siegel is an entrepreneur, tokenomics expert, and the the author of five books, one of which serves as the basis for Pillar Project, a cryptocurrency and token wallet that's being developed into so much more than that: a personal digital assistant app that automatically manages user data, including health, financial and work records. The Pillar wallet will eventually allow users to store and maintain full control over their personal encrypted data without any third-party involvement. Pillar Project has the potential to replace e-commerce companies such as eBay and Amazon by allowing users to own and trade tokens, as well as carry out a variety of transactions. “What we want in this new world is to tokenize and trade everything…We hope that eventually you'll sign a lease using your Pillar wallet, you'll buy a home using your Pillar wallet, you'll buy a car, you'll rent a car…you ought to be able to do that from your Pillar wallet with no middleman,” says Siegel. In today's digital world, privacy concerns are growing and the importance of acquiring and maintaining control over your personal data is becoming increasingly clear. Pillar Project is offering users the open-source tools necessary to protect their information and operate independently within their own economies. To learn more, visit pillarproject.io.