We sat down with Munam and Foobar, the dynamic minds driving the Delegate.Cash takeover. This interview contains tons of frameworks and tips to rapidly grow a product. At the heart of it all is the belief that crypto should be for everyone, not just the tech-savvy few. The key to this infrastructure is not just imagination; it's tangible, practical solutions.

Delegate.Cash has created a powerful network effect. Today, their network boasts over 200 integrations with big names like Opensea, Manifold, Artblocks, Azuki and more.

Munam shines a light on how Opensea employs Delegate.Cash for anti-fraud detection— a role that might not immediately come to mind. When transferring an NFT on Opensea, Delegate.Cash plays a crucial role in proving wallet ownership, allowing time for both human and computer-based anti-fraud systems to work their magic.

Developers are harnessing the power of Delegate.Cash for account aggregation, simplifying the complex task of multi-wallet support.

And then there's our brainchild we worked on integrating at Lore called Co-utility.
Co-utility is all about breaking free from the constraints of trust and introducing trustless escrow mechanisms, enabling a new era of uninhibited collaboration.

Let’s dive in ↓

What in particular about this problem space of Delegate.Cash is super fascinating to you?

Munam: Well, one of the adages that I think anybody that ever comes out with company crypto says is that they're building something for the next 1 billion users. That's typically hard unless someone is building something in pure infrastructure. So I was really actively looking for something like that. Something early stage that I think is fundamental infrastructure and that was what was appealing to me about Foobar's vision with Delegate was that it was exactly that.

It didn't take a lot of imagination to understand that this is needed tooling that just hasn't existed before. If it has existed its very limited capacity. Someone needs to build that flywheel, that onboards lots of projects. That's what we've focused on is that network effect and those flywheels today we have over 200 plus integrations ranging from some of the biggest names in the space from, people like yourself, Opensea, Manifold, Artblocks Azukis, Yuga, Collab.Land, and so on. That's been really cool to see is just like the scale and breadth of the adoption.

You mentioned how you almost crowdsourced from folks on Twitter. Could you describe how you learned from people on Twitter or your customers about different types of use cases that you weren't expecting as you were building?

Foobar: Yeah, the real trouble especially in crypto is how do you build something that is general enough for a broad audience, but it's specific enough that you can actually use it for something. A lot of people die on the ivory tower, of extraction. And a lot of people build things that are too niche.

So I found crowdsourcing information, thoughts, ideas and feedback can be extremely useful. That's one of my favorite things about having a large online following. I can try to stuff out there and sometimes the ideas are good. Sometimes the ideas are bad, but instantly get access to the sharpest minds around.

I've done this a handful of times, but I'll be having a really easily identifiable problem myself and I'll think the solution to this is obvious. The solution to X is Y. Why has nobody built this? And the majority of the time when I throw this question out in public. It turns out that someone actually has built it and I just didn't know about it.

And they're ecstatic to be able to show their, their life's work or their years work to me. Then a handful of times, there really is no existing solution that checks all those boxes and that's a sign to go deeper. It's both educational and clarifying, knowing which rabbit holes to go down, which ones not to.

Perhaps you could tell us about some of the different types of use cases on Delegate cash today after many months and building.

Munam: What's been interesting about Delegate is that people are using it for variety of different use cases that I think are a little bit non-obvious off the job. Opensea, for example, uses us for part of their anti fraud detection stack. That's typically not what people think of when they think about delicate. The way that that works is whenever you transfer an NFT on Opensea, you're sort of precluded from transferring it again for another short amount of time. Unless it is to a wallet that has been delegated and the reason for that is because that's the only way to basically provably prove that you own this wallet. That gives time for their human level and computer level anti fraud detection systems to run. Other developers are using Delegate for account aggregation purposes because our tooling set allows people to link multiple wallets together.

This is a great way to get over the difficulty of engineering, multi wallet support for an account. So those are two examples amongst a host of like a plethora of use cases. Then for every single project that has like a unique mechanic. They're building out very particular experiences. This is being used for live ticketing, for example, with Rolling Loud this tooling is being used by E11even-Condos, which is a 1900 luxury condo development based out of Miami. Each condo basically has a soulbound token associated with it. That is granting VIP access to the rest of the like E11even's companies properties, which includes high end nightclubs, et cetera. So these are both on and off chain use cases that we're definitely not in the documentation, but I think we're enabled because we had all of these conversations in public about what this tool and can be used for.

We're thinking a lot about Co-utility. How have you seen this use case evolve over time and what do you think it's and unlocking and where co-utility is headed?

Foobar: Yeah. I couldn't be more excited for co-utility. We're seeing crypto evolve from one person, one wallet, one asset into this much more vibrant world, where users have multiple wallets assets can be owned by multiple people the assets have multiple use cases. Is it IRL events? Is it airdrops? Is it the governance? Is it gaming guilds? So, up til now this activity has been kind of emergent and people have always organized themselves into DAOs and pseudo-DAOs, but it's been very difficult to scale it up.

Because you can only deal with people who you have a high degree of trust with. I want somebody to play a game on my behalf or try for a high score then maybe I'll send my best friend my Azuki, but I'm not going to send it halfway around the world that somebody I met yesterday.

And by introducing trustless escrow, guaranteed sharing. Whatever you want to call it and enforce co-utility. It lets you be a lot more free with who you play with, who you organize with. People no longer have to spend mental bandwidth on am I going to get rug? Who's rugging me and it can be more uninformed organization. What can we do together?

Elevate your crypto experience with delegate.xyz – the ultimate solution to secure your onchain assets while actively participating in NFT airdrops, token governance, and more. Connect your cold and hot wallets for seamless control, like crypto power-of-attorney in action. Don't miss out – embrace delegate.xyz and redefine your crypto journey.

Lore is the ownership platform. Lore helps groups spin up a shared vault, pool resources, co-purchase NFTs, and use them together in a simple, safe, one-stop-shop platform. With co-ownership, collectives can access NFTs they couldn’t before, crowdfund creative projects and even play web3 games together.

If you’d like to share community-building insights with us, reach out on Twitter to join the Shared Stakes show.