World Ledger with Coco Kee

How to Deliver Trust and Web2-Level Speed for Crypto File Storage? Kyle Tut, Co-founder and CEO, Pinata


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On one side, we have centralized storage solutions like AWS; on the other, decentralized platforms such as Filecoin and Arweave. Sitting in between is IPFS, a distributed, peer-to-peer network for data storage and sharing that plays a critical role in the decentralized blockchain ecosystem we're building. Yet, IPFS adoption remains limited, hindered by the high cost of on-chain storage and slow data delivery speeds.

Kyle Tut, Co-founder and CEO of Pinata, offers arefreshing perspective. He doesn’t confine his company to the ideological extremes of either centralization or decentralization, nor does he tie it to any single blockchain. Instead, he takes a pragmatic approach to solving theindustry's real-world challenges.

You’ll also want to hear his views on NFTs and Memecoins.While some dismiss them as “silly,” Kyle looks beyond the surface to uncover the genuine opportunities and innovation they will bring to the space. His strategies to navigate the volatility of Web3 and views about the next big thing forcrypto offer further insights I’m excited to share with my audience.

Follow Kyle and Pinata on X: @kyletut | @pinatacloud; Follow Coco on Substack:  [email protected] , LinkedIn: https://www.linkedin.com/in/cocokee/ and X: @keeglobal

Timestamps:

00:00 Opening Remarks, Omaha, Warren Buffett
01:25 Kyle Tut's Background and the Beginning of Pinata 04:48 Comparison of Pinata with Other Centralized and Decentralized Storage Solutions
07:37 IPFS and Its Unique CID and What It Means to Crypto Storage 09:21 Challenges Pinata Is Trying to Solve for Crypto Data Storage 10:37 What Is IPFS and Why It's Powerful 12:36 The Reasons Creators and Developers Use Pinata 15:19 Case Studies: OpenSea and Pump.Fun Partnership with Pinata 17:05 Why Centralized Storage Is Still the Majority of Data Storage 18:43 Pinata's Fee Structure 20:59 Kyle's Take on NFTs and Memecoins and Why They Are Important Regardless of Some Silliness 24:58 Other Market Opportunities: AI, RWAs, DePin, Gaming 31:21 Leading Hubs for NFTs and Memecoins Development 31:53 Strategies to Weather the Volatility of Web3 34:52 Kyle's Contact Info and Closing Remarks




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World Ledger with Coco KeeBy Coco Kee