Quicknode

May 10, 2024 — 3 min read

Welcome back to Feature Fridays! This week, we're excited to spotlight Splits, a pioneering platform in financial infrastructure for onchain teams. Will Minshew, who serves as CEO alongside his cofounder Abram Dawson, helms this innovative venture. With a diverse background that spans private equity, fintech startups, and a peer-to-peer GPU compute marketplace, Will has consistently engaged with "weird finance things."

Check out Splits

Q & A with Splits 👇

성함과 이전 경력, 그리고 현재 회사에서 맡고 계신 직책을 소개해 주시겠어요? 또한, 귀사의 사명과 고객에게 제공하는 서비스가 무엇인지 간략히 설명해 주시기 바랍니다.

I’m Will Minshew, leading the company alongside my cofounder Abram Dawson. Technically I’m the CEO, but we both write code and also handle various “executive” things. We divvy up those responsibilities project by project.

Splits builds financial infrastructure for onchain teams. We provide simple money legos, intuitive interfaces, and reliable developer tools that make it easy to receive, route, transform, and manage earnings across the internet.

In other words, Splits is a platform for onchain producers to manage their income. Think: internet-native bank (without custody). You can structure revenue-sharing agreements with external parties using collaborative payment flows like Splits and Waterfalls, and manage incoming funds with Swappers, Diversifiers, and soon smart accounts.

My personal work history bounces around a bit, from private equity, to a fintech startup focused on commercial real estate, to a peer-to-peer GPU compute marketplace. If there’s a throughline it’s “weird finance things.” I spent a couple years on each of those projects, then freelanced for a year before Splits came along. It goes to show you keep trying stuff.

창립 이후 귀사는 어떻게 성장하고 변화해 왔으며, 앞으로의 계획은 무엇입니까?

Splits started as two people at a hackathon project. We’re now a team of eight, with ~$100m in volume through our contracts onchain. We’re focused on growing that number to $1 billion, as well as tracking the onchain, noncustodial equivalent of “assets under management” once our smart accounts become broadly available later this year.

What inspired you to develop Splits, and how did you conceive of the idea?

We were inspired by Mirror’s launch of merkle-tree splitters, and felt we could deliver something better if we optimized for situations with fewer expected recipients (2-100, say). The utility was obvious, especially since the crypto scene is so collaborative and people are always creating projects together.

Can you provide insight into Splits’s progress by sharing any metrics or milestones indicating its traction?

Our Dune dashboard shows usage stats. The number of Splits contracts has 10x’d over the past couple of months, now approaching 80k, due to hubbub around Base. It’s exciting to be part of this new wave of onchain activity.

Recently we launched our multichain-first app, v2 of the Splits contracts, and private alpha smart accounts for multichain teams.

Can you provide insight into the target market for Splits and what types of clients you work with?

We work with onchain creators and teams. If you earn onchain, you’ve probably interacted with one of our contracts on your favorite platform.

귀사는 Quicknode 어떻게 활용하고 있으며, 이를 통해 비즈니스 운영에 어떤 이점을 얻고 있습니까?

We use Quicknode for its excellent network breadth as our provider of choice on Gnosis, Fantom, Avalanche, BSC, Holesky, and Base Sepolia.