PoolTogether Community Podcast #50 with Matt from Smoothie

28 Nov 2022 · 31 min
PoolTogether Community Podcast

28 Nov 2022 · 31 min

0:00

In this episode of the PoolTogether Community Podcast, host Sir Hot Mike (Tim) sits down with Matt Kim, founder of Smoothie, a Web3 discovery platform described as “Product Hunt for Web3.” Matt shares his personal journey—from growing up in Toronto, moving to San Francisco, working at Facebook, and launching a failed virtual‑events startup—to discovering the importance of distribution over product in a second‑time founder context. He explains how Smoothie operates as a discover‑to‑earn awards platform that uses a points‑based reputation system rather than token incentives, allowing users to earn points for upvoting and reviewing projects, with voting weight increasing as they engage. The conversation covers the benefits for both projects (distribution, early feedback, credibility) and users (discovering innovative products, becoming “mavens”). Matt details the rapid growth of the waitlist (now about one month), the shift from outbound outreach to inbound applications, and the current team of roughly nine members after a pre‑seed round. They discuss potential collaboration with PoolTogether, envisioning PoolTogether’s no‑loss prize pool as a rewards mechanism for Smoothie power users. The hosts also talk about conference strategies, emphasizing personal connections over formal sessions, and reflect on recent market turbulence, layoffs, and personal resilience. Finally, Matt outlines Smoothie’s longer‑term vision: scaling the discover‑to‑earn model, nurturing power users, and possibly expanding the rewards system.

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