20 min
Interview with Justin Banon, CEO and co-founder of Boson Protocol The DIVI Crypto Podcast
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- Business
Today we’re talking to Justin Banon, CEO and co-founder of Boson Protocol, which enables smart contracts to execute real-world commerce transactions and input commerce data, reliably and autonomously. Justin started out with a physics degree and then went on to a master's in digital business. His first major project was building out a digital voucher program. As a self-proclaimed business model geek, he started to understand how tokenized networks affect business models. He was excited about the potential to have business models that had equitability baked in. He would soon leave his well-paying job to begin the journey of building a blockchain version of his voucher system, and thus Boson Protocol was born.
Boson Protocol introduced a new way to enable commerce between a buyer and seller in a remote way. Justin says to think of them as a black box that goes in the middle and replaces the intermediary governed by a human arbitrator and instead has it governed by a game-theoretic. Their game is the same sort of class, except there are two deposits (buyer and seller), and more complex rules that result in both parties being interested in going through with the transaction to the agreed level of quality.
Justin says they have built the market leader in certain domains in representing products and services of things. He says their main advantage is the people they have on their team, where they are building out the strongest token and ecosystem design teams. Justin says it’s easier to have the team centered in Europe as they’re in the middle of all time zones, but a remote team still takes a huge amount of coordination and communication. Software helps a lot with this, but Justin still likes the team to get together every 3-4 months.
The Boson Protocol implements NFT on both sides of the transaction and has recently updated their architecture to leverage ocean protocols. They use NFT’s as a unique digital object encoded with a game. NFT holds deposits, and the game manages the behaviors of buyers and sellers.
Having raised about 3.5 million in the last couple of months, Boson Protocol is about to do a public sale and will be announcing the platform soon. If you would like to learn more, visit bosonprotocol.io or find them on Twitter and Telegram @bosonprotocol.
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Divi is creating the world's first closed-loop, vertically-integrated cryptocurrency ecosystem. Much like Apple's ecosystem is anchored by iCloud, the Divi Project blockchain serves as the core of the Divi network of technologies. Thanks to a keen understanding of the divide that separates the mainstream from the crypto world, the Divi team is able to create solutions to the industry's biggest problem: adoption by non-technical users. Divi's user-friendly, one-click solutions aim to bring blockchain-based payments into modernity with great UX. In this podcast, we will cover all aspects of cryptocurrency, hot topics, and technology as worldwide adoption grows.
Today we’re talking to Justin Banon, CEO and co-founder of Boson Protocol, which enables smart contracts to execute real-world commerce transactions and input commerce data, reliably and autonomously. Justin started out with a physics degree and then went on to a master's in digital business. His first major project was building out a digital voucher program. As a self-proclaimed business model geek, he started to understand how tokenized networks affect business models. He was excited about the potential to have business models that had equitability baked in. He would soon leave his well-paying job to begin the journey of building a blockchain version of his voucher system, and thus Boson Protocol was born.
Boson Protocol introduced a new way to enable commerce between a buyer and seller in a remote way. Justin says to think of them as a black box that goes in the middle and replaces the intermediary governed by a human arbitrator and instead has it governed by a game-theoretic. Their game is the same sort of class, except there are two deposits (buyer and seller), and more complex rules that result in both parties being interested in going through with the transaction to the agreed level of quality.
Justin says they have built the market leader in certain domains in representing products and services of things. He says their main advantage is the people they have on their team, where they are building out the strongest token and ecosystem design teams. Justin says it’s easier to have the team centered in Europe as they’re in the middle of all time zones, but a remote team still takes a huge amount of coordination and communication. Software helps a lot with this, but Justin still likes the team to get together every 3-4 months.
The Boson Protocol implements NFT on both sides of the transaction and has recently updated their architecture to leverage ocean protocols. They use NFT’s as a unique digital object encoded with a game. NFT holds deposits, and the game manages the behaviors of buyers and sellers.
Having raised about 3.5 million in the last couple of months, Boson Protocol is about to do a public sale and will be announcing the platform soon. If you would like to learn more, visit bosonprotocol.io or find them on Twitter and Telegram @bosonprotocol.
--
Divi is creating the world's first closed-loop, vertically-integrated cryptocurrency ecosystem. Much like Apple's ecosystem is anchored by iCloud, the Divi Project blockchain serves as the core of the Divi network of technologies. Thanks to a keen understanding of the divide that separates the mainstream from the crypto world, the Divi team is able to create solutions to the industry's biggest problem: adoption by non-technical users. Divi's user-friendly, one-click solutions aim to bring blockchain-based payments into modernity with great UX. In this podcast, we will cover all aspects of cryptocurrency, hot topics, and technology as worldwide adoption grows.
20 min