EP 25 - Automate This! - Hilmar Orth of Gelato Network - How Gelato overcame the inherent problems with automation in crypto

<h2>Guest Info</h2> <p>Name of Guest: Hilmar Orth<br> Name of Project: Gelato Network<br> Twitter URL of Guest: <a href="https://twitter.com/hilmarxo" rel="noopener" target="_blank">https://twitter.com/hilmarxo</a><br> Project Twitter URL: <a href="https://twitter.com/gelatonetwork" rel="noopener" target="_blank">https://twitter.com/gelatonetwork</a><br> Project URL: <a href="https://twitter.com/gelatonetwork" rel="noopener" target="_blank">https://twitter.com/gelatonetwork</a><br> Project/Guest Description:<br> Why they are a guest:</p> <h2>Show Notes</h2> <p>Finance as undergrad<br> Tech background<br> 2017 -2018<br> Experiment with blockchain</p> <p>Started working with blockchain with large companies in Germany.<br> Started working in finance and had a bad experience.</p> <p>Gnosis - Got to know the team and worked on a project for them called DutchX to fill large orders. Were tasked to help firms automatically place / start large auctions so that projects could sell tokens over time rather than in a large ICO.</p> <p>Required an external impulse to execute the transaction.<br> The problem is, you have to approve transactions, so automation wasn't possible like you would in tradfi or banks couldn't be done.</p> <p>So decided to build a solution to solve the problem for all of crypto.<br> Received a grant from Gnosis and then built the platform.<br> Most widely used projects using them. Zerion, instadapp, MakerDAO, and many others using for 1000s of transactions per day.</p> <p>Discussed how it works.<br> Client that accepts the jobs needed and then runs them for them.<br> Set conditions.</p> <p>What the future holds.<br> What they would like to see happen.</p> <p>Whether he thinks they will have a model that will let consumers create their own automations using Gelato.</p> --- Support this podcast: <a href="https://anchor.fm/missiondefi/support" rel="payment">https://anchor.fm/missiondefi/support</a>