"Disrupting Web3 with Modular Move-Based Blockchain"

- Guest: Rushi Manche - Co-founder and CEO of Movement Labs

- Host: Njani Ruetsch, Senior Communications Manager at Morningstar Ventures

Top 3 Key Takeaways from Our Guest

1. A strong community and ecosystem contribute to growth and adoption. 

During the interview, Rushi highlighted the significance of community in nurturing the project and facilitating its expansion and collaboration with other projects like Covalent, Nexio, and OKX. Such partnerships are crucial in the project's overall growth and adoption. As a result, the team aims to form more partnerships and is also developing an EVM solution for the TON ecosystem due to its recent growth.

2. Building a unique Testnet environment can lead to staggering milestones.

Rushi mentioned the recent launch of the team's testnet. Unlike other infrastructure projects, the team made the testnet a fun and interactive user environment. In the first week of the launch, there were 12 million transactions and 1.1 million unique wallet addresses. Additionally, the testnet has 40 operational apps for users to explore and will continue to grow in subsequent phases. The strong performance of the testnet is a great starting point for the team as they prepare for the mainnet launch at the end of the year.

3. Founders in the space need to be prepared for volatility and much more.

During the interview, Rushi was asked to share three pieces of advice for founders in the crypto space when building a project. He emphasized the importance of being prepared for challenges and volatility, as the crypto space can be complex and unpredictable. Additionally, Rushi stressed the significance of having a strong and trustworthy team for a startup to succeed. Lastly, he highlighted the importance of maintaining a sense of urgency and being open to pivoting and adapting to changing narratives, emphasizing that the product and team should be able to keep up with these changes.

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Thanks again to our guest for joining our Roundtable discussion and for all the insights.