The recent events in crypto have taken the whole ecosystem by surprise. While being in a bear market, players in the space considered "too big to fail '' have also suffered from their own missteps. We should build an ecosystem that never underestimates tail risk.

With so much disappointment and breakdown in the crypto market, many are questioning the space as a whole and most of all, who to trust. The answer to this question is nobody. Good service providers in crypto should aim to minimise the degree to which their customers need to trust them.

While many centralized players are applying proof of ownership and similar (an absolute minimum for service providers), we know that even these measures do not mean that your assets are truly safe.

In truth, how can we expect anything different? Their business model necessitates this, and their centralized infrastructure makes it impossible to avoid this pressure.

This years' events have proven to us how important it is to build for decentralization. Non custodial finance is a huge upgrade for not just crypto, but for all finance and ultimately all people. Now the crypto industry needs to rebuild and gain back the trust from people. Building with self-custody and decentralization in mind is the way to transam the crypto industry from one which is vulnerable to one which is resilient.

It's time to offer end-users better solutions to current self-custody wallets. Monolithic wallets have helped us reach this far, but not everyone is equally equipped to deal with their own custody. Programmable wallets expand in innovation and offer secure and user-friendly sovereignty.

All things considered, we have another chance to rebuild. Understand that easy is not the most obvious path. Security and antifragile are crucial for the crypto to thrive. It's what our society needs and deserves.

We are more motivated than ever to help build the decentralised future.