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Solana as Aggregation Layer
Backpack CEO Armani Ferrante says Solana is becoming the aggregation layer for everything, an API for all of finance importing the entire economy on-chain.
Key points
- Armani Ferrante, CEO of @Backpack, said Solana has always been marching towards something much bigger than any single exchange.
- Ferrante said the end state he sees is Solana as the aggregation layer for everything, calling it an API for all of finance, or a parallel economy and financial system.
- Ferrante said it is all about importing market structure, not just crypto-native assets but the entire economy, because the network effect is money.
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Original post
Armani Ferrante, CEO of @Backpack, on why Solana is becoming the aggregation layer for everything
“Solana has always been marching towards something much bigger than any single exchange. You could call it an API for all of finance, or a parallel economy and financial system. But I think the end state is Solana as the aggregation layer for everything."
"It’s all about importing market structure. Not just crypto-native assets, but the entire economy, because the network effect is money.”
@armaniferrante @KyleSamani
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