Paul Bohm, Founder and CEO of Teleport, wants to decentralize Uber with crypto...and he just might be the first to actually do it. His ambitious vision for a rideshare protocol powered by Solana is only months away from launch. Throughout Sal and Dave’s discussion with Paul they learn why he chose to focus on the rideshare market, the benefits of building this as a protocol for others to use, and how Solana is uniquely capable to power this technology. While Teleport is initially focused on rideshare, the goal of this initiative is to demonstrate the power crypto has to break existing network effect moats held by rent-seeking incumbents with new incentive mechanisms powered by open-source technology and blockchains. Could Teleport capture 50% of the rideshare market in under 10 years? Check out the full episode to find out for yourself.
(0:39) - Sal and Dave Opening Chat
(6:26) - Building web 3 bridges, not web 2 moats
(15:36) - Why ride sharing market is ripe for disruption
(20:48) - How to fight against centralization risks
(25:29) - Go-To-Market strategy
(33:03) - Governance token use cases
(38:53) - Why US regulators love this business model
(45:22) - Trojan-horsing 100m new people into crypto
(52:38) - Why Teleport is building on Solana
(1:01:18) - Parallels and differences to the ICO business models from 2017
(1:08:41) - Team structure to pull this off
(1:09:51) - When launch?
(1:11:44) - How will the space develop in next 5-10 years
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Podcast Resources
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Episode Resources
https://twitter.com/paulbohm
https://twitter.com/teleportxyz
https://dec.dev
https://trip.dev
https://teleport.xyz