Valentin Preobrazhenskiy, Founder of LAToken with Matt Bird at World Economic Forum (DAVOS)

HIGHLIGHTS

• Exclusive interview with Chief Host of Blockchain Economic Forum
• LAToken is a digital asset exchange platform specializing in creating asset markets
• LAToken stands for Liquid Asset Token

FULL COVERAGE

Watch complete coverage of the World Economic Forum

INTERVIEW TRANSCRIPTS: Valentin Preobrazhenskiy, Founder of LAToken with Matt Bird

Matt Bird (Show Host,Traders Network Show):00:00    

Welcome back. You’re watching the traders network show and equities. And here’s part two. Thanks for sticking around for the commercial break. We are with Ballantine. Valentin Preobrazhenskiy.Thank you for correcting me on that. We’ve heard of PR before the commercial break. We heard about, you know, your, your background on the on the institutional side, moving into entrepreneurialship into your social impact initiatives. Let’s, let’s, let’s learn a little bit about you and where you come from. So where are you from?

Valentin Preobrazhenskiy (Founder, LAToken):00:35

I’m from Moscow, Russia. Most of the titans are there.

Matt Bird (Show Host,Traders Network Show):00:37    

Any siblings ask you a browser?

Valentin Preobrazhenskiy (Founder, LAToken):00:48          

A brother who went to America, one became a CTO on homeaway, just go on and we kind of, how could some games we scheme, that’s why I still since childhood I get some understanding power. 

Matt Bird (Show Host,Traders Network Show):01:08   

Oh, what’s your favorite color?

Valentin Preobrazhenskiy (Founder, LAToken): 01:14         

Okay. Would you ask me about what my disadvantages are? 

Matt Bird (Show Host,Traders Network Show):01:20    

I’ll get there don’t worry. Ah, what’s your favorite color?

Valentin Preobrazhenskiy (Founder, LAToken): 01:26         

So, I would kind of get in the future and say that’s one of my weakest points sometimes, instead of answering question, I ask them. So why you ask about color, why it is important?

Matt Bird (Show Host,Traders Network Show):01:43    

Well, you know that’s a very good question actually. Okay. Well how about we go this what are, what are some of your three top weaknesses?

Valentin Preobrazhenskiy (Founder, LAToken): 01:56         

So, first is that I sometimes prefer to ask questions, instead of answering. Then I like to put people out of comfort and yeah, I don’t remember birthdays. 

Matt Bird (Show Host,Traders Network Show): 02:19

I didn’t up until, until my children, but that’s good. So, birthdays, I think you also said something about you prefer complex situations over simple.

Valentin Preobrazhenskiy (Founder, LAToken): 02:26         

Yes. This mobilizes your brain, to solve something and train. So, I sometimes put myself in a situation where I must solve something. I keep on solving and I find a solution such as agonizing in forums with presidents in four weeks.

Matt Bird (Show Host,Traders Network Show):02:48    

Do you see outcomes before they begin? Like you manifest them in the reverse engineer? Is that how your mind works?

Valentin Preobrazhenskiy (Founder, LAToken): 02:58         

Yeah, I try to understand design of costs and benefits for players. And this helps to predict the situation. We’re not at fault. And this works for personal relations, for stock market, for politics, and for technology adoption and for products. 

Matt Bird (Show Host,Traders Network Show): 03:09

You mentioned me earlier, you don’t get nervous. Why? 

Valentin Preobrazhenskiy (Founder, LAToken):  03:13

So, I actually get nervous, but not as often as a few more years before because I have an instrument to get less nervous. When situation is tough, I start to think that if the atoms moving around and are forces which moves them, so why you shouldn’t be nervous is a loss of nature and it’s an opportunity to learn how that works. So, it’s, this kind of kills that. 

Matt Bird (Show Host,Traders Network Show):04:09    

I’m going to tell you; I am going to use that myself in the future. So, I really liked that one there. I’ve heard a lot of them, but that’s probably the smartest I’ve heard. What is your favorite passion or our hobbies? You have one. 

Valentin Preobrazhenskiy (Founder, LAToken):  04:18

Yeah. So, I like to help people to find ideas and friends to bring best ideas into life. And that’s how I found a business model of LAToken. I had 200 meetups with entrepreneurs and scientists and develop barriers to understand the frontier, so from technology and products, whereas the next big opportunity. And this also helped me to gather our team and build money markets and asset markets, which works on the board now and operate it on blockchain. 

Matt Bird (Show Host,Traders Network Show): 05:02

We have a just a little bit time left. What would you like your legacy to be? 

Valentin Preobrazhenskiy (Founder, LAToken):  05:28         

By the way, I believe that life is a program which is encoded in DNA and our brains in synopsis and this program uses energy to build storage for the program. And that’s it’s user seller deviation of year for the team to this kind of brought it into bones, use it by Moscow, by brands and trucks to build our chromosomes, Body’s, hotels. All of this is a storage for this program. And the program beach helps there are the specious two or be more viable in the future is pass it through the generation in of ideas, in form of ideas, DNA. I would pass off to me an idea of that a purpose of life is to make the world a better place, which can be measured by the value of the global economy and that to big forces to kind of make people productive. It is a protected property rights in free markets, which can begin, I’m available for 6 billion people who don’t have this. Right.

Matt Bird (Show Host,Traders Network Show):06:26    

I loved that. I loved that, you know, Steve Jobs before he passed. It’s, it said something very similar about how, what he believed as far as life. He believed that the universe is too efficient for all of the knowledge that we accumulate to just disappear. That it, it, it, it transcends somewhere else into some other form of, of information. I’ll everything that we collect through a few human’s life, I have to forge, you have to forge IA that will, the Lee interview you had with the Smithsonian was quite fascinating.

Valentin Preobrazhenskiy (Founder, LAToken): 07:02         

I don’t understand this. If I say Samsung useful to people who listen, they will remember this information because this, if this information is useful for them and the humans to be more viable and that this will be stored in their brains and might be computers. I don’t know if the other students, what do you mean? 

Matt Bird (Show Host,Traders Network Show):07:34    

When life is over, do you believe that this just ends or do you believe that you transcended into something else and he believed that the information that we accumulate and in whatever form transcends, it’s something else it’s passes on.

Valentin Preobrazhenskiy (Founder, LAToken): 07:53         

Yeah. Yeah. So we use his ideas in our mobile gals and we remember him, and this change our behavior. So some part of information from him now operates us. So he leaves in our brains. It’s, yeah. And this can be past it’s regeneration. So founders of religions they found, they created programs which live through generations. So, and our attempt of our life is to make innovation in this programs, which helps them to be more viable. So yeah, I totally agree that there is a transcendence, and this is exactly the point why we get to brewers, sir. And this is the point why we became older. 

Matt Bird (Show Host,Traders Network Show):08:56    

I love it. And you know what other, I couldn’t agree more. We only have enough for two more questions. I would like to kind of bring it back to what you’re doing. What, where you’re at right now. What can we expect from you and, and, and Latoken in the, say the next 12 to 24 months and then we’ll start with that?

Valentin Preobrazhenskiy (Founder, LAToken): 09:07         

That was for tokenize it currencies high liquidity market for this currencies, high liquidity. And tokenize the assets such as shares of private equities, commodities, and all of this available worldwide. We Internet some of this instruments for qualified investors. We are brokers compliant with regulation. So, we’ve seen several months we are building this new money and assets market, which works on border.

Matt Bird (Show Host,Traders Network Show): 09:46

Where do you see the market in five to 10 years from now? 

Matt Bird (Show Host,Traders Network Show):  09:51   

The capital markets are decentral correct. So, you just an interim concurrency, I mean, you’ve started a movement, the momentum, where does this all leading, let’s say five years out? So two years out, we know where that’s going, where, where is the industry? We’re already and be globally with decentralized currency in five to 10 years.

Valentin Preobrazhenskiy (Founder, LAToken): 10:05         

Yeah, I think that in five years there will be central banks which operate cards is one blockchain because it’s safe for lots of transaction cost and bureaucracies. And there will be private blockchains which help this or some of the central banks to issue in managed currencies. And there will be independent markets are tokenize it to current, which will serve the same purpose like our field currency. And the, the same situation. We will be with the security Australian startups private equity. You will become public very fast. And the bald will be a farm better connected. So money and assets will be available everywhere. I was out friction.

Matt Bird (Show Host,Traders Network Show):  10:59   

I think that’s amazing. And I think we’re, we’re about out of time. Valentine pre, pre

Valentin Preobrazhenskiy (Founder, LAToken):  11:05        

Preobrazhenskiy

Matt Bird (Show Host,Traders Network Show):  11:07   

I’m Matt Bird. You’re watching the Traders Network on this exclusive feature. Thank you. Thank you balancing for, for taking the time. I really appreciate it. Thank you. And we hope to have you back on it when next time you’re in New York. We’d love to have you in the NASDAQ site studio.