Mike Silagadze - The Future of Consumer Applications on Ethereum - TOKEN2049 Dubai 2025
Join Mike Silagadze at TOKEN2049 Dubai 2025 as he explores the promising future of consumer applications on the Ethereum blockchain. In his engaging talk, Silagadze presents a compelling argument for shifting the focus of the decentralized finance (DeFi) sector from speculative activities to the development of real-world applications that can generate substantial revenue. Highlighting EtherFI's evolution from a liquid staking protocol to a comprehensive crypto-native neo bank, Silagadze provides insight into how DeFi platforms can mirror traditional financial institutions, offering users safe, user-friendly, and self-custodial services akin to those of Revolut or Chime.
Silagadze challenges the DeFi community to rise to the opportunity of building products for a broader audience and creates a call to action for developers to produce solutions that attract mainstream users. He underscores the massive potential in the global neo banking sector, valued at $150 billion, emphasizing the need for innovation that integrates crypto's unique advantages while maintaining a familiar user experience.
The session concludes with a lively discussion about Ethereum's market prospects. Silagadze shares his bullish outlook, driven by technical advancements and institutional adoption that position Ethereum as the platform of choice for decentralized applications.
Watch the full talk to discover how the DeFi ecosystem can expand beyond its current boundaries, capitalize on enormous growth opportunities, and foster real-world utility. If you found this session insightful, remember to like, comment, and subscribe to our channel for more leading-edge discussions from TOKEN2049.
