Tagged: n1

David Cao is the co-founder and self-styled 'Chief Get Shit Done Officer' of N1, a Layer 1 blockchain built for finance that promises ultra-low latency and 100,000+ transactions per second. With co-founders Dima Romanov and Sheheryar Parvaz, he spent years building 01, a fully on-chain Solana derivatives exchange, weathered a two-year crypto winter, pivoted through Layer N, and relaunched the whole effort as N1 in December 2024. Backed by Founders Fund, dao5, Multicoin Capital and Arthur Hayes, the New York-based, Harvard-schooled builder is betting that congestion-free, developer-friendly infrastructure is the missing piece for moving real markets onchain.