brian.apt
505 posts

brian.apt
@bchochain
Core blockchain dev @ Aptos Labs


Proxy-primary is a completely new architecture that is the final form of blockchains. Proud that Aptos discovered it. The first (and maybe only) episode of @Aptos Chop with the one and only @SashaSpiegelman.








To be fully honest there's too little info about Shelby out to guess a val just yet. -No details on the raised amount. -Nothing in prod yet. -Probably quite early stage on a product level RN. Let's see if they raise, highly probable IMO, Pyth raised money and Wormhole raised mad money which were both Jump products per their recent announcement. In crypto MMs use competitor val to price assets initially primarily based on my knowledge. Now $WAL is obv a competitor in it's end state, but they raised at a $2B val so it let's them price it there regardless of comp val, $WAL also commands a premium by the virtue of being a Mysten Labs token imo, because $SUI and $DEEP did well already. I think before Shelby launches $APT will be higher and if that's right Shelby will be able to command a premium too, that's variable depending on how high $APT is then. Based on just current info and scenarios I'd guess they launch Shelby at $100M MC and probs $500M-$750M FDV and then run it up like $DEEP.





Another fun fact about @shelbyserves: In a previous life at Facebook, @rpranav @bchochain @sitalkedia worked on the data infrastructure that processed more than > 1.5 exabytes per day on >100,000 machines. Now we’re building a decentralized hot storage layer that will be even capable of more. Shelby



