Being a digital nomad, not simply in name only, can feel like a dream. Barring the cost and effort it takes to plan, prepare, and travel on short notice, frequentBeing a digital nomad, not simply in name only, can feel like a dream. Barring the cost and effort it takes to plan, prepare, and travel on short notice, frequent

Travelling is the easy part, finding shelter is where hell breaks loose. Coliving hubs are fixing this.

2026/03/28 18:16
14분 읽기
이 콘텐츠에 대한 의견이나 우려 사항이 있으시면 crypto.news@mexc.com으로 연락주시기 바랍니다

Being a digital nomad, not simply in name only, can feel like a dream. Barring the cost and effort it takes to plan, prepare, and travel on short notice, frequent trips offer plenty of chance encounters, but they also test your tolerance for misadventures.

Shelter is where fantasy usually collides with reality.

According to three digital nomads and frequent travellers I spoke to, accommodation regularly eats between 40 to 50% of a travel budget. Beyond the cost, Yinka Oke, a Nigerian nomad, said the hardest part of planning for housing in a country where you know nobody is how unpredictable it is. Unlike flights, there is no single accommodation fare you can lock in and forget.

Amaka Amaku, a nomad who has now travelled to 30 countries, said when she goes somewhere she has friends, accommodation might take up to 20% of her travelling budget. When she lands in a city where she knows no one, that share can quickly climb to 50%.

“I don’t think about accommodation as a percentage of the budget,” said Oghenerukevwe Odjugo, an equity analyst at Schroders Australia and a nomadic traveller. “I think about what is a reasonable dollar amount I can pay for the quality of accommodation I am comfortable with. The cost of shelter is a major factor when travelling, so I rent whatever makes the most sense.”

For most nomads, that decision often narrows to three options: a hotel room, a short‑term rental on platforms like Airbnb, or a third path, coliving hubs. Many long‑term travellers I spoke with preferred Airbnbs or coliving for multi‑week stays and kept hotels for quick stopovers.

This piece is about that third option. What are coliving hubs in Africa actually selling, how do they work as a business, and are they really worth swapping for a one‑bed in Nairobi or Cape Town?

Get The Best African Tech Newsletters In Your Inbox

Subscribe

What coliving hubs are, and how they make money

Coliving, at its simplest, is shared housing with services built around people who work remotely. Instead of renting an entire flat, you take a room in a larger home or compound and pay for a package that usually combines accommodation, utilities, cleaning, internet, and a measure of community programming. 

Globally, the coliving market was worth nearly $8 billion in 2024, according to Grand View Research, a research firm, and is projected to at least double over the coming decade, helped by rising urban housing costs and the growth of remote work. In South Africa’s advanced coliving market, that figure sits around $79 million.

In Africa, coliving is still young but spreading. Nairobi, Kenya, appears in many guides as one of the continent’s emerging hubs for remote workers, with neighbourhoods like Kilimani, Lavington, Karen, and Kileleshwa now home to a mix of coworking spaces, serviced apartments, and shared houses that market themselves directly to nomads. Cape Town, Windhoek, and parts of Morocco host similar experiments, from beachside houses for surfers in Blouberg to retreat‑style compounds in Namibia’s capital.

Alejandra Wolf, co‑founder of AfricaNomads, a community-based coliving hub for digital nomads, has spent the past few years building coliving stays across East and Southern Africa. She describes coliving as “the difference between just having a place to stay and having a place to belong.” 

For guests, the idea is that you land in a home that is already ready for work, with a built‑in community and a curated experience of the destination. Planning, discovery, and the trial‑and‑error of figuring out where to live, who to trust, and what is worth your time are outsourced to the operator.

Structurally, many African coliving outfits run a hybrid model. Wolf says her company both operates its own homes and partners with local hosts, boutique properties, and families, but keeps tight control over the experience. That control covers how the space is set up, the daily rhythm of the stay, the rules of the house, and the programming that brings people together. 

In some locations, the founders actually live in the houses alongside guests. Rather than acting as an open marketplace like Airbnb, they see themselves as curators and hosts.

The non‑negotiables are predictable but demanding: reliable Internet with backups, comfortable workspaces, power solutions where public supply is unstable, and locations that feel plugged into daily life rather than sealed off in high‑rise blocks. Many operators avoid anonymous tower blocks and look instead for compounds or houses with greenery, shared kitchens, and layouts that make it easy to bump into people to truly lean into the philosophy of experiencing a new place.

How the numbers compare in Nairobi

The cost picture between short-term rentals, like Airbnb, and coliving arrangements is less obvious than it looks at the booking stage.

Take Nairobi, which has become one of the most comfortable cities in sub‑Saharan Africa for expatriates and remote workers, thanks to solid infrastructure, strong schools and hospitals, and a growing startup ecosystem around what many call the Silicon Savannah. 

In upscale residential areas such as Lavington, a one‑bedroom Airbnb for a single guest typically ranges between $34 and $72 per night, depending on the season. In Karen, another lush city in Nairobi, prices start from $23 and climb to around $131. Kileleshwa tends to sit between $37 and $58, while Kilimani often ranges from $37 to $50 a night. In Kitsuru, where United Nations (UN) staff and other international officials often prefer to live because of its security, greenery, and easy access to international schools, similar one‑bedroom listings can cost around $79 per night.

By comparison, Wolf says that coliving hubs in Westlands, Nairobi’s commercial and nightlife district, run between $58 and $82 per night, depending on room type and length of stay. At first glance, that does not look cheaper than many Airbnbs. Yet, the economic trade-off, she says, lies in what that nightly rate bundles together.

In a typical coliving house of the kind AfricaNomads operates, the fee covers accommodation, power, high‑speed internet with multiple backup connections, coworking setups, regular housekeeping, and access to amenities, such as a pool, small gym or yoga studio. 

An AfricaNomads coliving in Westlands, Nairobi.An AfricaNomads coliving in Westlands, Nairobi. Image Source: AfricaNomads

In some Nairobi houses, guests receive a local SIM card with unlimited data and a portable Wi‑Fi router on arrival, along with coffee, tea, and drinking water. Programming such as weekly communal dinners, language classes, and curated outings into the city are folded into the price. There is usually a concierge or local host on call, and partnerships that give residents discounted access to nearby coworking spaces or restaurants.

Communal dinners at AfricaNomads. Image Source: AfricaNomads

Short‑term rentals can work out cheaper on paper. But nomads often end up layering on their own costs: daily or weekly coworking passes, regular taxis to move between their flat and the city’s work and social cores, data top‑ups, cleaning, and the time and friction of discovering reliable services by trial. In practice, Wolf argues that the all‑in price for coliving hubs ends up roughly on par with what a nomad would pay to recreate the same environment through separate bookings, with the difference that the guest does far less coordination.

The trade‑offs: Safety, community, and loss of control

Coliving spaces are designed to solve some of the pain points that come up repeatedly when digital nomads describe being on the road in Africa. Many of Wolf’s early guests, she says, complained about four things when they tried to navigate the continent alone: patchy or unknown internet setups, feeling isolated on arrival, struggling to find trustworthy long‑stay housing, and the absence of a ready‑made community. 

Digital nomads from the AfricaNomads community canoeing in Watamu with Captain Hassan.Digital nomads from the AfricaNomads community canoeing in Watamu with Captain Hassan. Image Source: AfricaNomads

Several research studies note that once you factor in bundled services and community, total costs for coliving often sit close to comparable rental accommodation, with the difference that guests do far less coordination themselves.

On the safety front, established operators choose neighbourhoods where they or their partners already live and test everything from the local power grid to after‑dark foot traffic. In Nairobi, that usually means areas like Westlands, Lavington, Kilimani or Karen, which combine access to cafés, offices, and nightlife with relatively better security and infrastructure. 

Houses are normally inside gated compounds with guards, and guests are offered informal briefings on how to move through the city, who to call in an emergency, and which routes to avoid at night, according to Wolf, who described AfricaNomads’ operations.

Vetting hosts is a mix of hospitality know‑how and constant presence. Wolf says she and her co‑founder work only with hosts and properties they know well, often living in the spaces themselves, and intervene quickly if infrastructure or service slips. 

Behind the scenes, there are lease negotiations, staff training, tax filings, and local regulations to satisfy, along with a long list of things that can go wrong: power failures, internet outages, last‑minute accommodation cancellations, broken fixtures. She recalled one instance where a property pulled out two weeks before guests were due, and the team had to find and set up a replacement in three days.

“That kind of situation could easily disrupt the entire experience,” said Wolf. “But for us, it becomes a moment to step in, move fast, and solve. We managed to secure a new place in three days and actually upgraded the experience in the process. And this happens more often than people would think. Guests don’t see this because they shouldn’t have to. Our role is to absorb that complexity so that what they experience feels stable, comfortable, and effortless.”

From the guest’s perspective, the most obvious trade‑off is privacy and control. In a coliving house, you share kitchens, lounges, and often, bathrooms with strangers, which can be a delight or a drain, depending on how introverted you are and who else is in the group. 

Communal dinners at AfricaNomads.Two of AfricaNomads co-founders, Alejandra Wolf and Steve. Image Source: AfricaNomads

Most operators try to screen for basic compatibility, said Wolf, but they cannot guarantee chemistry. Community cannot be forced, so much of the work happens through light routines: weekly dinners, shared workdays, small trips, and opportunities to opt in without pressure.

There is also the question of fit for African nomads. Wolf says more Africans are joining her stays, often because they have travelled widely outside the continent and want to slow down and explore neighbouring countries more intentionally. Some coliving operators offer discounts for African passport holders or long‑stay guests, but budget expectations can be very different from those of visitors flying in from Europe or North America, especially where incomes are in local currencies.

For all the upsides, coliving is not a cure‑all. Wolf admits that in some cities, particularly those with limited infrastructure or difficult regulations, the effort it takes to keep things running can be exhausting. 

Guests who value anonymity, strict personal routines, or complete flexibility might find the soft structure and social expectations of coliving claustrophobic. 

And in places where the underlying housing market is under pressure, there is a risk that coliving pushes up rents the way short‑term rentals have in parts of Europe and North America, although there is little data yet on its effect in African cities.

Get The Best African Tech Newsletters In Your Inbox

Subscribe

Are coliving hubs worth it?

Whether coliving is worth it depends on what a digital nomad is optimising for.

Globally, the rise of long‑stay travel and remote work is not slowing. An MBO Partners data estimated the number of digital nomads in the United States alone at over 18 million in 2024, almost double the 2019 figure, with forecasts that the global population of people living and working this way could reach hundreds of millions over the next decade. 

Operators see that as a long runway for niche housing products that bundle work and life under the same roof.

In Africa, cities like Nairobi offer a rare combination of temperate weather, relatively good healthcare and schooling, strong internet connectivity, and an ecosystem of tech companies, non-governmental organisations (NGOs), and international organisations that already employ or host foreigners. 

Many multinationals see Nairobi, Cape Town—though it is more expensive—or Casablanca as their safest bets in sub‑Saharan Africa, which means a steady flow of remote workers, consultants, and founders passing through. Coliving spaces give them plug‑and‑play housing that sits somewhere between a serviced apartment and a hostel for adults.

On the cost side, the gap between a well‑located one‑bed Airbnb and a coliving room is often narrower than it looks, once you add coworking, transport, housekeeping, and the premium many nomads are willing to pay for stable internet and reliable power.

Yet, if price is your only lens, an ordinary short‑term rental will almost always win, especially further from city centres or in cheaper districts. Coliving’s selling point is convenience and connection rather than raw cost. If you are comfortable doing all your own research, setting up SIM cards and routers, negotiating with landlords, and finding your own community once you land, then a well-chosen Airbnb can be the more economical choice. 

Communal dinners at AfricaNomads.The AfricaNomads community sailing in Lamu Island, Kenya. Image Source: AfricaNomads

“If you want independence and anonymity, choose an Airbnb,” said Wolf. “If you are happy figuring everything out on your own, organising your days, building your own routine, and navigating a place from the outside, then it can work well. But if you want something more complete, then coliving becomes a very different experience. It is about how you live while you are there. You don’t spend your first week trying to figure out where to work from, how to meet people, or what is actually worth doing. You step straight into it.”

The value of coliving is easier to see in the things nomads rarely price in: the loneliness of a first week in a new city, the workdays lost to chasing Wi‑Fi and backup power, the hours that quietly drain away in endless scrolling, reviews, and second‑guessed bookings. When those costs begin to matter as much as nightly rates, coliving becomes easier to justify.

Communal dinners at AfricaNomads.Digital nomads in the AfricaNomads community. Image Source: AfricaNomads

The honest conclusion is that coliving hubs in Africa are not a universal answer to the shelter problem. They are one more tool, sitting somewhere between a serviced apartment, a hostel, and a lightly programmed residency. 

For some nomads, especially those landing on the continent for the first time or those who want to trade a bit of privacy for instant footing and community, they will feel like an expensive luxury that pays for itself. For others, particularly veterans who already have friends on the ground or who enjoy stitching together their own version of a “home,” they will be an occasional treat rather than a base.

Either way, as more remote workers drift between Cape Town, Nairobi, the Moroccan coast and beyond, the question will move from “what does it cost to stay here per night?” to “how do I want to live while I am here?” 

Coliving is simply betting that more digital nomads will decide they would rather not figure that out alone.

What did you think of this edition, and what would you love to read next on Digital Nomads? Share your thoughts and ideas with us here.

시장 기회
Particl 로고
Particl 가격(PART)
$0,1695
$0,1695$0,1695
+2,23%
USD
Particl (PART) 실시간 가격 차트
면책 조항: 본 사이트에 재게시된 글들은 공개 플랫폼에서 가져온 것으로 정보 제공 목적으로만 제공됩니다. 이는 반드시 MEXC의 견해를 반영하는 것은 아닙니다. 모든 권리는 원저자에게 있습니다. 제3자의 권리를 침해하는 콘텐츠가 있다고 판단될 경우, crypto.news@mexc.com으로 연락하여 삭제 요청을 해주시기 바랍니다. MEXC는 콘텐츠의 정확성, 완전성 또는 시의적절성에 대해 어떠한 보증도 하지 않으며, 제공된 정보에 기반하여 취해진 어떠한 조치에 대해서도 책임을 지지 않습니다. 본 콘텐츠는 금융, 법률 또는 기타 전문적인 조언을 구성하지 않으며, MEXC의 추천이나 보증으로 간주되어서는 안 됩니다.

추천 콘텐츠

Best Crypto to Buy: Coins That Could be Next to Explode in 2025

Best Crypto to Buy: Coins That Could be Next to Explode in 2025

The post Best Crypto to Buy: Coins That Could be Next to Explode in 2025  appeared on BitcoinEthereumNews.com. As the bull run nears, Cardano (ADA) and Mutuum Finance (MUTM) are gaining traction as top buys. Cardano remains one of the most mature proof-of-stake blockchains, with a steady pace of upgrades and a passionate community that funds its long-term vision. Cardano (ADA) offers stability, but considering its size, the scale of returns may be less dramatic in the next bull cycle. Meanwhile Mutuum Finance (MUTM), a nascent DeFi token priced at $0.035 in presale and based on a lending-and-borrowing protocol. With real utility and considerably more room to grow, many investors consider MUTM the better blast-off opportunity down the pike in 2025. Cardano’s Price & Outlook Going into Q4 2025 Cardano (ADA) is trading at around $0.90. The price action has been showing slight weakness lately, day-over-day movement is small, and it’s encountering resistance around the zone of $0.90-$1.00. Support is stronger near the $0.80-$0.85 zone, so ADA appears to be consolidating rather than breaking out.  While its proof-of-stake model, peer-review development, and rising developer activity are good fundamentals, its size translates to dollar-returns that are perhaps more stable than explosive. In comparison to ADA’s mature profile, Mutuum Finance, is being looked at by investors as having greater bull run potential being a newcomer in the market. Mutuum Finance Presale Impresses Mutuum Finance (MUTM) is leading its sixth presale round whereby it is breaking records as investors converge. The project has already reached more than 16,500 investors and has crossed the $16.2 million capital threshold. The trend will only continue to expand. Record-breaking achievements such as these are a good sign of increasing confidence in the project. Investors who invest now can earn humongous returns in the long term as the ecosystem keeps expanding. The project is attractive to investors because it has dual lending mechanism, open-source and audited…
공유하기
BitcoinEthereumNews2025/09/23 19:46
Former BlackRock Executive Joseph Chalom: How will Ethereum reshape the global financial system?

Former BlackRock Executive Joseph Chalom: How will Ethereum reshape the global financial system?

Ex-BlackRock Exec: Why Ethereum Will Reshape Global Finance | Joseph Chalom Guest: Joseph Chalom, Co-CEO of SharpLink and former BlackRock executive Moderator: Chris Perkins, CEO of CoinFund Podcast Date: September 10 Compiled and edited by LenaXin Editor's Summary This article is compiled from the Wealthion podcast, where we invite SharpLink co-founder and former BlackRock executive Joseph Chalom and CoinFund President Chris Perkins to discuss how the tokenization of real-world assets, rigorous risk management, and large-scale intergenerational wealth transfer can put trillions of dollars on the Ethereum track. Why Ethereum could become one of the most strategic assets of the next decade? Why DATs offer a smarter, higher-yielding, and more transparent way to invest in Ethereum ChainCatcher did the collating and compilation. Summary of highlights My focus has always been on building a bridge between traditional finance and digital assets, and upholding my principles while raising industry standards. Holding ETH indirectly through holding public shares listed on Nasdaq has its unique advantages. It is necessary to avoid raising funds when there is actual dilution of shareholder equity. You should wait until the multiple recovers before raising funds, purchasing ETH and staking. The biggest risk today is no longer regulation, but how we behave and the kinds of risks we are willing to take in pursuit of returns. A small, focused team can achieve significant results by doing just a few key things. If you can earn ETH through business operations, it will form a powerful growth flywheel. I hope that in a year and a half, we can establish one or two companies that support the closed loop of transactions in the Ethereum ecosystem and generate revenue denominated in ETH, thus forming a virtuous circle. The current global financial system is highly fragmented: assets such as stocks and bonds are limited to trading in specific locations, lack interoperability, and each transaction usually requires transfer through fiat currency. (I) From BlackRock to Blockchain: Joseph’s Financial Journey Chris Perkins: Could you tell us about your background? Joseph Chalom: I've only been CEO of SharpLink for five weeks, but my story goes far beyond that. Before coming here, I spent a full twenty years at BlackRock. For the first decade or so, I was deeply involved in the expansion of BlackRock's Aladdin fintech platform. This experience taught me how to drive business growth and identify pain points within the business ecosystem. My last five years at BlackRock have been particularly memorable: I led a vibrant and elite team to explore the new field of digital assets. I was born into an immigrant family and grew up in Washington, D.C. I came to New York 31 years ago, and the energy of this city still drives me forward. Chris Perkins: You surprised everyone by coming back after retirement. Joseph Chalom: I didn't jump directly from BlackRock to Sharplink. I officially retired with a generous compensation package. I was planning to relax and unwind, but then I got a surprise call. My life seems to have always intersected with Joe Rubin's. We talk about mission legacy, and it sounds cliché, but who isn’t striving to leave a mark? My focus has always been on building a bridge between traditional finance and digital assets, upholding my principles while raising industry standards. When I learned that a digital asset vault project needed a leader, I was initially cautious. But the expertise of ConsenSys, Joe’s board involvement, and the project’s potential to help Sharplink stand out ultimately convinced me, and so my short retirement came to an end. Ideally, everyone would have had a few months to reflect on the situation. However, the market was undergoing a critical turning point at the time. It wasn't a battle between Bitcoin and Ethereum, but rather Ethereum was entering its own era and should not be assigned the same risk attributes as Bitcoin. Frankly, I oppose irrational market bias. All assets have value in a portfolio. My decision to re-enter the market stems from my unwavering belief in Ethereum's long-term opportunities. 2. Why Ethereum is a core bet Chris Perkins: Can you talk about how you understand DATS and the promise of Ethereum? Joseph Chalom: If we believe that the financial services industry is going to go through a structural reshaping that will last for a decade or even decades, and you are not looking for short-term trading or speculation but long-term investment opportunities, then the key question is where can you have the greatest impact? There are many ways to hold ETH. Many choose to hold it in spot form, or store it in a self-custodial wallet or custodian institution. Some institutions also prefer ETF products. Of course, each method has certain limitations and risks . Indirectly holding ETH through holding public shares listed on Nasdaq has its unique advantages. Furthermore, by wrapping your equity in a publicly traded company, you not only capture the growth of ETH itself—its price has risen significantly over the past few months—but also earn staking returns. Holding shares in publicly traded companies often carries the potential for multiple increases in value. If you believe in the company's growth potential, this approach can yield significantly higher returns over the long term than simply holding ETH. Therefore, the logical order is very clear. First, you must be convinced that Ethereum contains long-term opportunities; secondly, you can choose what tools to use to hold it. (3) Promoting the growth of net assets per share: What is the driving force of the model? Chris Perkins: In driving MNAV growth, how do you balance financial operations, timely share issuance to increase earnings per share, with truly improving fundamentals and potential returns? Joseph Chalom: I think there are two complementary elements. The first is how to raise funds in a value-added manner . Most fund management companies currently raise funds mainly through issuing stocks. Issuing equity when the share price is higher than the underlying asset's net asset value (NAV) is a method of raising capital using a NAV multiple. At this point, the enterprise's value exceeds the actual value of the ETH held. Financing methods include a market offering, a registered direct offering, or starting with a pipeline. The key is that the financing must achieve value-added , otherwise early investors and shareholders will think that you are diluting their interests simply by increasing your holdings of ETH. If financing is efficient, the cost of acquiring ETH is reasonable, and staking yields returns, the value of each ETH share will increase over time. As long as financing can increase the value of each ETH share, it is an added value for shareholders. Of course, the net asset value (NAV) or main net asset value (MNAV) multiple can be high or fall below 1, which is largely affected by market sentiment and will eventually revert to the mean in the long run. Therefore, it is necessary to avoid raising funds when there is actual dilution of shareholder equity. One should wait until the multiple recovers before conducting financing, purchasing ETH, and staking operations. Chris Perkins: So essentially you're monitoring the average net asset value (MNAV). If the MNAV is less than 1, in many cases, that's a buying opportunity. Joseph Chalom: ETH attracts the following types of investors: 1. Retail investors and long-term holders who believe in the long-term capital appreciation potential of Ethereum. Even without considering staking returns, they actively hold Ethereum through public financial companies like us to seek asset appreciation and passive income. 2. Some investors prefer Ethereum's current high volatility, especially given the increasing institutionalization of Bitcoin and the relatively increased volatility of Ethereum. 3. Investors who are willing to participate in Gamma trading through an equity-linked structure to earn returns on their lending capital. A key reason I joined Sharplink was not only to establish a shared understanding as a strategic partner, but also to attract top institutional talent and conduct business in a risk-adjusted manner. The biggest risk today is no longer regulation, but how we behave and the types of risks we are willing to take in pursuit of returns. (IV) Talent and Risk: The Core Secret to Building an Excellent Team Chris Perkins: How do you find and attract multi-talented individuals who are proficient in both DeFi and traditional finance (e.g., Wall Street)? How do you address security risks like hacker attacks and smart contract vulnerabilities? Joseph Chalom: Talent is actually relatively easy to find. I previously led the digital assets team at BlackRock. We started with a single core member and gradually built a lean team of five strategists and seven engineers. Leveraging BlackRock's brand and reputation, we raised over $100 billion in a year and a half. This demonstrates that a small, focused team, focused on a few key areas, can achieve significant results. We recruit only the brightest and most mission-driven individuals, adhering to a single principle: we reject arrogance and negativity. We seek individuals who truly share our vision for long-term change. These individuals aren't simply optimistic about ETH price increases or pursuing short-term capital management, but rather believe in the profound and lasting structural transformation of the industry and are committed to participating in it. Excellent talents often come from recommendations from trusted people, not headhunters. The risks are more complex. Excessive pursuit of extremely high returns, anxious pursuit of every possible basis point of gain, or measuring progress over an overly short timeframe can easily lead to mistakes. We view ourselves as a long-term opportunity, and therefore should accumulate assets steadily. Risk primarily stems from our operational approach : for every $1 raised, we purchase $1 worth of ETH, ultimately building a portfolio of billions of ETH. This portfolio requires systematic management, encompassing a variety of methods, from the most basic and secure custodial staking to liquidity staking, re-staking, revolving strategies, and even over-the-counter lending. Each approach introduces potential risk and leverage. Risk itself can bring rewards. However, if you don't understand the risks you are taking, you shouldn't enter this field. You must clearly identify smart contract risk, protocol risk, counterparty risk, term risk, and even the convexity characteristics of the transaction, and use this to establish an effective risk-reward boundary . Our goal is to build an ideal investment portfolio, not to pursue high daily returns , but to consistently win the game. This means creating genuine value for investors. Those who blindly pursue returns or lack a clear understanding of their own operations may actually create resistance for the entire industry. Chris Perkins: Is risk management key to long-term success? Do you plan to drive business success through a lean team and low operating cost model? Joseph Chalom: Looking back on my time at BlackRock, one thing stands out: the more successful a product is, the more humble it requires . Success is never the product of a few individuals. Our team is merely the tip of the spear in the overall system, backed by a strong brand reputation, distribution channels, and a large, trusted trustee. One of the great appeals of the digital asset business is its high scalability. While you'll need specialized teams like compliance and accounting to meet the requirements of a public company, the team actually responsible for fundraising can be very lean. Whether you're managing $3.5 billion or $35 billion in ETH, scale itself isn't crucial. If you build an efficient portfolio that can handle $1 billion in assets, it should be able to scale even further. The core issue is that when the scale becomes extremely large, on the one hand, caution must be exercised to avoid interfering with or questioning the security and stability of the protocol; on the other hand, it must be ensured that the pledged assets can still maintain sufficient liquidity under adverse circumstances. Chris Perkins: In asset management, how do you understand and implement the first principle that "treasures don't exist to lose money"? Joseph Chalom: At BlackRock, they used to say that if 65% to 70% of the assets you manage are pensions and retirement funds, you can't afford to lose anything. Because if we make a mistake, many people will not be able to retire with dignity. This is not only a responsibility, but also a heavy mission. (V) How SharpLink Gains an Advantage in Competition Chris Perkins: In the long term, how do you plan to position yourself to deal with competition from multiple fronts, including ETH and other tokens? Joseph Chalom: We can learn from Michael Saylor's strategy, but the fund management approach for ETH is completely different because it has higher yield potential . I view competitors as worthy of support. We have great respect for teams like BM&R. Many participants from traditional institutions recognize this as a long-term opportunity. There are two main ways to participate: directly holding ETH or generating income through ecosystem applications. We welcome this competition; the more participants, the more prosperous the industry. Ultimately, this space may be dominated by a small number of institutions actively accumulating ETH. We differentiate ourselves primarily through three key areas: First, we are the most trusted team among institutions . Despite our small size, we bring together top experts to manage assets with professionalism and rigor. Second, our partnership with ConsenSys . Their expertise provides us with a unique strategic advantage. Third, operating the business . In addition to accumulating and increasing the value of assets, we also operate a company focused on affiliate marketing in the gaming industry to ensure compliance with SEC and Nasdaq regulatory requirements. In the future, earning ETH through operational operations will create a powerful growth flywheel . Staking income, compounding debt interest, and ETH-denominated income will collectively accelerate the expansion of fund reserves. This approach may not be suitable for all ETH fund managers. (VI) Strategic Layout: Mergers and Acquisitions and Global Expansion Plans Chris Perkins: What is your overall view and direction on future M&A strategy? Joseph Chalom: If the amount of ETH debt grows significantly and some of this debt is illiquid, this could present opportunities. Currently, listed companies in this sector primarily raise capital through daily market programs. If the stock is liquid, this channel can be effectively utilized. However, some companies struggling to raise capital may trade at a discount to net assets or seek mergers, which could be an innovative way to acquire more ETH. As the industry matures, yields could gradually increase from 0.5%-1% of ETH supply to 1.5%-2.5%. It might be wise to issue sister bonds with similar structures in different regions, such as Asia or Europe, with identical issuance conditions and shared core operating costs and infrastructure, thereby reaching a wider range of investors. We expect to engage in such creative mergers and acquisitions in the future, but the specific timing is still uncertain. I believe that the industry will first undergo an initial phase of differentiation before entering a period of consolidation . Technological development and business evolution often follow this pattern. Similar consolidation and M&A trends are likely to occur in the stablecoin sector, which will be worth watching. Chris Perkins: Why is transparency so important ? What is the main motivation for disclosing operational details on a daily basis? Joseph Chalom: Most companies don't issue shares frequently, typically only once every few years. SEC regulations require companies to disclose the number of shares outstanding only in their quarterly reports. In our industry, fundraising may occur daily, weekly, or at other frequencies. Therefore, to fully reflect operational status, a series of key metrics must be publicly disclosed . These include: the amount of ETH held, total funds raised, weekly ETH increase, whether ETH is actually held or only held in derivatives, collateralization ratio, and returns. We publish press releases and AK documents every Tuesday morning to update investors on this data. Although some indicators may not be favorable in the short term, transparent operations will enhance investor trust and retention in the long term. Investors have the right to clearly understand the products they are purchasing, and concealing information will make it difficult to gain a foothold. (VII) SharpLink's growth plan for the next 12 to 18 months Chris Perkins: What are your plans or visions for the company's development in the next one to one and a half years? Joseph Chalom: Our first priority is to build a world-class team, but this won't happen overnight. We've continued to recruit key talent and have assembled a lean team of fewer than 20 people, each of whom excels in their field and works collaboratively to drive growth. Second, continue to raise funds in a manner that does not dilute shareholder equity , and flexibly adjust fundraising efforts according to market rhythms. The long-term goal is to continuously increase the concentration of ETH per share. Third, actively accumulate ETH. If you firmly believe in the potential of Ethereum, you should seize the opportunity to increase your holdings efficiently at the lowest cost - even for funds that only allocate 5% to ETH. Fourth, we must deeply integrate into the ecosystem . As an Ethereum company or treasury, we would be remiss if we didn't leverage our ETH holdings to create value for the ecosystem. We can leverage billions of ETH to support protocol development through lending, providing liquidity, and other means, advancing the protocol in a way that benefits the ecosystem. Finally, I hope that in a year and a half, we can establish one or two companies that support the closed loop of transactions in the Ethereum ecosystem and generate ETH-denominated revenue, thus forming a virtuous circle. (8) Core investment insights: Key areas for future attention Chris Perkins: What additional advice or information would you like to add to potential investors who are considering including SBET in their investment plans? Joseph Chalom: The current traditional financial system suffers from significant friction, with inefficient capital flows and delayed transaction settlements, sometimes requiring T+1 settlements at the fastest. This creates significant settlement, counterparty, and collateral management risks. This transformation will begin with stablecoins. Currently, the market for stablecoins has reached $275 billion, primarily running on Ethereum . However, the real potential lies in tokenized assets. As Minister Besant stated, stablecoins are expected to grow from their current levels to $2-3 trillion over the next few years. Tokenized assets such as funds, stocks, bonds, real estate, and private equity could reach trillions of dollars and run on decentralized platforms like Ethereum. Some are drawn to its potential for returns, while many more are optimistic about its future. Ether isn't just a commodity; it can generate returns. With trillions of dollars in stablecoins pouring into the Ethereum ecosystem, Ether has undoubtedly become a strategic asset. Building a strategic reserve of Ether is essential because you need a certain supply to ensure the flow of dollars and assets within the system. I can't think of an asset with more strategic significance. More importantly, the issuance of on-chain securities like those by Superstate and Galaxy marks one of the biggest unlockings in blockchain technology. Real-world assets are no longer locked in escrow boxes, but are now directly integrated into the ecosystem through tokenization. This is a turning point that has yet to be widely recognized, but will profoundly change the financial landscape. Chris Perkins: The pace of development is far exceeding expectations. Regulated assets are only just beginning to be implemented; as more of these assets continue to emerge, a whole new ecosystem is forming that will greatly accelerate the development and integration of assets on Ethereum and other blockchains. Joseph Chalom: When discussing the need for tokenization, people often cite features such as programmability, borderlessness, instant or atomic settlement, neutrality, and trustworthiness. However, a deeper reason lies in the current highly fragmented global financial system: assets like stocks and bonds are restricted to trading in specific locations, lack interoperability, and each transaction typically requires fiat currency. In the future, with the realization of instant settlement and composability, smart contracts will support automated trading and asset rebalancing, almost returning to the flexible exchange of "barter." For example, why can't the S&P 500 index be traded as a Mag 7 combination? Whether through swaps, lending, or other forms, financial instruments will become highly composable, breaking the traditional concept of " trading in a specific venue . " This will not only unleash enormous economic potential but also reshape the entire financial ecosystem by reconstructing the underlying logic of value exchange. As for SBET, we plan to launch a compliant tokenized version in the near future, prioritizing Ethereum over Solana as the underlying infrastructure.
공유하기
PANews2025/09/18 16:00
[OPINION] Bowels of the earth, limitless energy source

[OPINION] Bowels of the earth, limitless energy source

RUSSIAN OIL. File photo shows oil pump jacks outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023.
공유하기
Rappler2026/03/30 18:00