#014 Dan Reecer: What Is Polkadot And Why It’s The Future of Web3

Today, my guest is Dan Reecer. Dan joined the crypto world 3 years ago instead of going to get his MBA, and is now VP of Growth for Acala, the Defi Network launching soon on the Polkadot Blockchain Platform. Don’t worry, all of those words get explained in the podcast. In this conversation, I try to bring us all (myself included) from basics to applications of blockchain, and help us all see around the next few corners we’ll all go through together over the next decade. We talk about: Dan’s path to working in crypto, what Polkadot is, where it came from, why it’s different from Bitcoin and Ethereum, and how crypto will benefit people not already in the space. Additional resources to help enrich your experience below: (I encourage you to go play around with some of these tools and technologies. Things start to click when you actually use them and feel them work.) Topics Covered: What is Polkadot? Where Polkadot came from and why it’s different from Bitcoin and Ethereum What does a multi-chain future look like? Why do we need that? What problems does Polkadot solve? What is Acala? How crypto will benefit normal people Dan’s path to working in Crypto Additional Resources: The Infinite Machine book by Camilla Russo Dan Reecer’s Twitter Polkadot Twitter Acala Twitter Eric Jorgenson Newsletter Eric Jorgenson Twitter Additional Episodes If You Enjoyed: Sky King: The Next Level of the Internet, Decentralization, and Becoming a Player in the Game of Life Jason Hitchcock: Your Guide to Web3 (DeFi, NFTs, and The Metaverse) Sean O’Connor: How Blockchain is Changing Society with Costless Transactions Simon Judd: How Index Coop is building Crypto Index products Huge thanks to Modern Stoa (modernstoa.co) for their help on creating and growing this very podcast you’re listening to now. If you need help with podcast growth or monetization, go to modernstoa.co or hit the founder up on Twitter (@consumersky) or Instagram (@iamaskyking). If you want to support the podcast, here are a few ways you can: >> Buy a copy of the Navalmanak: www.navalmanack.com/ >> Share the podcast with your friends and on social media >> Give the podcast a positive review to help us reach new listeners >> Make a weekly, monthly, or one-time donation: https://app.omella.com/o/9Bufa >> Follow me on Twitter: @ericjorgenson >> Follow @FirstsFamous on Twitter >> Learn more and sign up for the “Building a Mountain of Levers” course and community: https://www.ejorgenson.com/leverage I appreciate your support!