Evan's Move to New York and Context

Evan Cheng co-founded SUI after leading Facebook's Libra project -  then threw away everything they built because it wasn't good enough. 

THE SHIFT NEWSLETTER

💡Go beyond the mic - subscribe to The Shift, my new weekly newsletter where I share the uncut stories, raw takes, and behind-the-scenes notes from When Shift Happens: https://www.kevinfollonier.com/crypto-web3-newsletter

___________

PARTNERS

🚀 Jupiter is the most used Decentralized Exchange in Crypto and the largest DEX by volume on Solana: https://jup.ag/

🅿️ Paradex is building the future of open finance - an intuitive, permissionless trading platform giving users full control, ultra-low costs, fast execution, and access to global markets in one place.  https://app.paradex.trade/wl/resilien...

💳 KAST lets you manage and spend stablecoins or crypto with a Visa Card or Apple Pay. Live in 100+ countries: https://go.kast.xyz/VqVO/SHIFT

🔓 Trezor offers the safest cold-storage wallets for crypto and true financial independence.

 Buy with 10% off (promo code in video): https://trezor.io/?transaction_id=102...

💰 Zashi is the easiest self-custody wallet for private transactions - send, receive, and spend Zcash (ZEC) without middlemen or surveillance, built by the team that launched Zcash in 2016.

https://z.cash/ecosystem/zashi-wallet/

🌱 Bitwise Asset Management manages $15B+ across 30+ crypto investment products — ETFs, index funds, alpha, staking, and more. https://bitwiseinvestments.com/

🔒Sumsub is the leading full-cycle verification platform for the crypto industry, chosen by 8 out of 10 of the world’s largest exchanges. From instant KYC and KYB to automated crypto transaction monitoring, they help VASPs, exchanges, and DeFi platforms prevent fraud, stay compliant, and scale globally. https://sumsub.com/

💧 Sui is a next-gen Layer 1 making digital asset ownership fast, private, and secure.

 https://sui.io/

♾️ Coinsilium provides vital funding and expert advice to Web3 and AI-powered early-stage technology companies. 

https://www.coinsilium.com

___________

FOLLOW EVAN CHENG

• Twitter: https://x.com/EvanWeb3

• Twitter: https://x.com/SuiNetwork

• LinkedIn: https://www.linkedin.com/in/chengevan/

• Website: https://t.co/S0laxwqTPP

FOLLOW WHEN SHIFT HAPPENS

Twitter (X): https://x.com/KevinWSHPod  

Instagram:  https://www.instagram.com/kevinfollonier_ 

Linkedin: https://www.linkedin.com/in/kevinfollonier/

Website: https://kevinfollonier.com/

DISCLAIMER

The info contained herein is for informational purposes only. Nothing herein shall be construed to be financial, legal, or tax advice. The content of this video is solely the opinions of the speakers who are not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speakers do not guarantee any particular outcome.

Timestamps:

0:00 Introduction

1:36 Please Subscribe

2:02 Evan’s Move To New York Explained

3:20 So Much Has Shifted In The Last Year

5:03 How Do You Deal With Unpredictability

8:59 How Evan Feels About These Changes

10:59 Partnerships: @JupiterExchange @KASTxyz

18:11 Has SUI Officially Proven This Way To Be Correct

19:22 Considering Tokens Dropping In Value - What Has SUI Proven Despite This

23:10 How Do You Define “Product Market Fit”

24:53 Partnerships: @paradex @zashi_wallet @sumsub

26:05 What Does A Much Bigger Adoption Look Like

30:29 The Dynamic Between Institutions & The Chains They Build On

32:06 How Different Is It To Build For An Institutional User vs A Retail User

34:23 Building The “Better” Technology Is Never Enough

37:05 Do All Major Chains Converge Or Specialize

40:00 Partnerships: @Trezor @BitwiseInvest @SuiNetwork

40:57 What Is SUI Doing Differently From Ethereum Or Solana Explained Simply

43:10 An Example Of Assets That Are The Same vs Not The Same

46:11 SUI Didn’t Build Something Limited Like Facebook Libra Or DM, They Built Something Better

48:11 Closing Thoughts