
Solfate Podcast · 2024-05-14 · 1h 1m
A conversation with John Ennis , the founder of NeoSwap, a multi-way trading platform where everyone wins. PS: Checkout the Snapshot newsletter: a byte-sized email newsletter filled with the biggest updates from Solana ecosystem teams and builders. ~5 minute read. Every 2 weeks. Summary NeoSwap is a platform that aims to make assets spendable and provide purchasing power from assets. The idea of multi-way trading, where complex transactions involving assets and money can be facilitated, is at the core of NeoSwap. The founder, John Ennis, has a background in mathematics, AI, and market research, which led him to develop the NeoSwap algorithm. The algorithm uses solvers and prediction models to optimize trades and maximize utility for all parties involved. NeoSwap has developed products like smart auctions and starter pack finders for gaming (including for StarAtlas ), which have shown promising results in improving efficiency and trade volume. The NeoSwap platform is blockchain-agnostic but has found more success on chains with denser data and on-chain commitments.
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