Markets Outlook

← Markets Outlook26 aug · 17 min

Fomo Co-Founder: The Next Breakout App Won't Call Itself Crypto | Markets Outlook

Fomo Co-Founder: The Next Breakout App Won't Call Itself Crypto | Markets Outlook26 aug17 min

With Fomo posting all-time high fees in August and with roughly 100,000 daily traders, co-founder Se Yong Park joins CoinDesk Contributor Kate Irwin on Markets Outlook to unpack the Solana-to-Robinhood Chain growth story, why social finance apps like Farcaster and Zora never broke out, and how prediction markets could turn a generation of bettors into traders. 

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Timecodes:

00:00 - Se Yong Park Joins Markets Outlook

01:11 - Inside FOMO's Record August in Fees

02:22 - Institutional Era, Consumer Endgame

03:43 - Solana, Robinhood Chain, and the Multi-Chain Effect

06:10 - Why Farcaster and Zora Never Broke Out

08:05 - Prediction Markets Will Turn Bettors Into Traders

09:24 - Advice for Founders: Ship Before It's Perfect

10:51 - DeFi is a Matter of When, Not If

12:39 - Regulation, Innovation Exemptions, and Building in the US