# 143 - UNIChain is Inevitable with Dan Elitzer

*Author: Ryan Sean Adams, David Hoffman*
*Published: Nov 1, 2022*
*Source: https://www.bankless.com/es/143-unichain-is-inevitable-with-dan-elitzer*

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Dan helps us unpack The AppChain Thesis, a possible outcome where every big DeFi app is going to have its own chain. How will this reshape crypto? Where do we find opportunities? Does this thesis even make sense?

Further, Dan, Ryan, and David cover the case for why Uniswap is going to have its own chain, why Dan thinks there’s an inevitable economic incentive for large DeFi apps to start their own chains, the main objections to The AppChain Thesis, and so much more.

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### TIMESTAMPS
0:00 Intro

6:45 Dan's Predictive Track Record

9:52 Roll-Apps

14:00 The App Chain Prediction

17:46 UNIChain 

23:30 MEV 

29:22 Summarizing the Costs

33:50 Who Gets the Money?

36:07 Are the Taxes Worth the Services?

43:48 Why DeFi Apps Haven't Launched App Chains Yet 

48:40 Uniswap Nation State

55:33 Uniswap's App Chain Model Sovereignty

1:00:04 Uniswap's Control & Ethereum's Alignment

1:03:38 Uniswap's Composabilty 

1:08:56 What Does This Mean For L1s 

1:16:50 Investing in the Apps?

1:20:57 Aggregation Theory 

1:23:22 Censorship 

1:27:21 Final Takes

1:29:37 Closing & Disclaimers

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#### RESOURCES
- Dan Elitzer
[https://twitter.com/delitzer](https://twitter.com/delitzer)
- The Inevitably of Unichain
[https://medium.com/nascent-xyz/the-inevitability-of-unichain-bc600c92c5c4](https://medium.com/nascent-xyz/the-inevitability-of-unichain-bc600c92c5c4)
- Aggregation Theory - Stratechery
[https://stratechery.com/aggregation-theory](https://stratechery.com/aggregation-theory)/
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