May 16 2023 27 mins 2
In this episode, Tim welcomes Michael Feng, the Co-Founder of Hummingbot, to the podcast. Hummingbot is an open-source software that helps build high-frequency crypto trading bots that specialize in market making and arbitrage strategies. Through the power of community, Hummingbot aims to give everyone access to the tightly-guarded algorithms of the most secretive Wall Street hedge funds.
Despite being born in China, Michael grew up in Florida and went to Wharton School, which is widely considered to be one of the most prestigious business schools in the world. Later on Michael moved to a Vice-President role at J.P. Morgan.
Together, Tim and Michael delve into the world of decentralization, DAOs, and the future of multi-chain Web3. They discuss how Michael got into trouble with the SEC, the parallels between the rise of Christianity and the decentralized technology behind crypto, and why crypto is open source on steroids.
To find out how Grindery is building a Swiss army knife for existing DAO frameworks, head to grindery.io.
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