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Tom Shaughnessy and Jordan Clifford on Layer 1 Wars, Token Economics and a Shift to Applications

The big story of 2019 was "quiet" building. When it comes to 2020, however, watch out for fireworks.

12.20-LONG

Tom Shaughnessy is a co-founder of Delphi Digital as well as the host of the Chain Reaction podcast. Jordan Clifford is managing director of Scalar Capital.

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In this end of year interview for The Breakdown, Tom argues that the big story of 2019 was actually the fact that it was all about "quiet" building. When it comes to 2020, however, watch out for fireworks.

Tom predicts we’ll see a major increase in the Layer 1 smart contract platform wars, as well as growth in the perceived importance of token economic design. Meanwhile, Jordan argues that the crypto industry is likely to see a shift back to development at the application layer.

Nathaniel Whittemore

NLW is an independent strategy and communications consultant for leading crypto companies as well as host of The Breakdown – the fastest-growing podcast in crypto. Whittemore has been a VC with Learn Capital, was on the founding team of Change.org, and founded a program design center at his alma mater Northwestern University that helped inspire the largest donation in the school’s history.

Nathaniel Whittemore