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 EigenLayer eyes consumer adoption post EIGEN unlock, founder says Cointelegraph 07 Oct 2024

EigenLayer eyes consumer adoption post EIGEN unlock, founder says 📈

EigenLayer, a restaking protocol, is looking towards consumer adoption following the unlocking of their token, EIGEN. Founder Sreeram Kannan shared that the company plans to first target crypto-native applications. This strategic move involves using EigenDA as a 'beachhead' to onboard these applications effectively.

The aim of this approach is to establish a strong presence in the crypto community, leveraging EigenDA to draw in users and applications. This focus on crypto-native apps signifies a tactical effort to ensure a successful integration of their protocol.

Sreeram Kannan’s insights reveal that by initially concentrating on the crypto community, EigenLayer intends to build momentum and expand its reach as more applications join the platform. This could potentially set a precedent for other similar initiatives in the space.

Source: cointelegraph.com ↗

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