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PoolTogether: Winning Money with Nothing to Lose
Leighton Cusack, CEO of PoolTogether joins the show to talk about their no-loss savings game built on Ethereum. PoolTogether is a fascinating concept which allows people to join a daily or weekly prize pool with crypto without ever losing their initial investment or capital. Leighton walks us through how this works and explains that when users buy tickets, their crypto is sent to Compound to earn interest. The interest earned during the prize period is then awarded to the winner. He talks about future features and plans for the products and shares some thoughts on DeFi as well.