In this episode of the Fundamentals podcast, we’re joined by Bryan Pellegrino, the Co-Founder and CEO of LayerZero Labs – the team behind the LayerZero – an interoperability protocol that connects blockchains (50+ and counting).In this episode with Bryan, we discuss what LayerZero's core value proposition is, and why interoperability is important for the blockchain industry. We speak about the tech stack, current traction, assess market potential, and speak about value accrual.Finally, we wrap up with current challenges and growth drivers, and what the most exciting upcoming developments for LayerZero are.LayerZero: https://layerzero.network/X (Twitter): https://twitter.com/LayerZero_LabsBryan on X (Twitter): https://twitter.com/PrimordialAAMake sure to leave a comment if you have any questions 🙌

📊 Token Terminal platform: ► https://www.tokenterminal.com/-------------------------------------------💬 Join our Discord: ► https://discord.com/invite/tokenterminal-------------------------------------------📱 Follow us on Twitter:► https://twitter.com/tokenterminal-------------------------------------------📩 Subscribe to our Newsletter:► https://tokenterminal.substack.com/-------------------------------------------

Timestamps:00:00 Introduction00:18 Pudgy Penguins02:30 What is an omnichain interoperability protocol?04:50 Why is interoperability so important for web3?08:55 Technically, what is LayerZero?15:08 What makes achieving seamless interoperability hard?22:15 How can developers integrate with LayerZero?23:16 How are projects using LayerZero today?26:40 Which ecosystems are seeing the most inter-chain activity?28:03 The team at LayerZero Labs29:43 LayerZero's economic model31:28 Value accrual32:31 What are the best metrics to measure and value an interoperability protocol?34:25 What is the the TAM for LayerZero?36:34 Is interoperability a winner-takes-all market?41:14 The LayerZero token: Current status43:28 Current growth drivers and challenges44:42 A protocol needs to be opinionated47:15 What's next for LayerZero?

Crypto redefines the way businesses are built and operated.Token Terminal gives you the tools to evaluate and track the most promising projects.

#LayerZero #Interoperability #web3 #TokenTerminal #crypto