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What Happens When a Blockchain Starts Being a Product
Sui is being designed for developers, not token hype, says Mysten Labs president
Welcome back to Talking Tokens.
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The latest Talking Tokens podcast 🎙️
For this week’s Tuesday episode, I interviewed Kevin Boon, president of Mysten Labs, the core team behind the Sui blockchain. From fine arts and law to building crypto infrastructure, Kevin shares his unconventional journey and what’s next for the Sui ecosystem.
They discuss how Kevin balances legal and leadership roles, how the community responded to the recent Cetus exploit, and why Mysten is building out its own full infrastructure stack. Kevin also talks about tokenized equities, stablecoins, and what DeFi products actually have product-market fit.
TIMESTAMPS:
0:00 Is Sui really decentralized?
1:02 Kevin’s journey: art school to crypto
4:47 How he became president of Mysten Labs
7:16 What it’s like leading a blockchain ecosystem
12:03 The Cetus exploit and community response
17:01 Governance vs centralization
20:12 What is Walrus and why it matters
27:58 Real-world use cases: ads, telecom, storage
30:23 Building Mysten’s full product stack
32:10 What DeFi actually works
37:56 Stablecoins and institutional demand
42:04 Tokenized equities and new markets
44:47 The future: DeFi mortgages and beyond
47:38 Final advice: build for hard times
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