Singapore · Holding & Advisory · Est. 2010
We invest in, advise, and build the technology we believe in.
Inetpeople is a Singapore holding company that puts capital, counsel, and code behind Southeast Asia's technology economy — strategic investment, hands-on advisory, and the open-source payment and on-chain infrastructure our partners run in production.
$ whoami
inetpeople — investor · advisor · builder
$ cat thesis.md
Back the infrastructure. Then build it too.
$ ls proof-of-work/
mpp onchain_evm cartouche hieroglyph onchain_aave
$
Real packages, shipped on hex.pm — scroll for the index.
Proof of Work
We build the payment and on-chain infrastructure we advise on.
Not slideware — shipped, versioned, open-source libraries on hex.pm. The same code our clients run in production.
Machine Payments Protocol — HTTP 402 payment middleware for AI agents (Stripe fiat, Tempo stablecoins, EVM).
Co-developed with Stripe and Tempo Labs.
Local EVM simulation, Solidity parsing, debug/trace, and contract codegen via Rust NIFs.
Aave V3 lending-protocol bindings for Elixir — pool reads/writes, oracle, math.
Tempo blockchain primitives — 0x76 transactions, TIP-20 tokens, fee-payer co-signing.
Ethereum ABI encoding/decoding — maintained fork of exthereum/abi with Elixir 1.19+ support.
Published under the ZenHive organization.
About the firm
Twenty-five years at the intersection of technology and capital.
Inetpeople Holding PTE. LTD. was incorporated in Singapore in July 2010 as a holding and consulting company. The track record behind it runs back to 1998 — one continuous arc through every major shift in the technology economy.
The story begins in 1998 with eighteen internet cafés bringing public internet access to Lufthansa, Sparkasse and Kaufhof venues — ranked first by revenue within six months. It continued through MESH GmbH, scaled to thirty-plus people building backbone networks and AS routing, earning Deloitte Fast 50 Germany and Fast 500 EMEA recognition.
With Inetpeople incorporated in Singapore, the work turned to management consulting and M&A: an interim-CTO mandate at PlusServer AG / intergenia (a 150-plus team), post-merger integration, and engagements with Telefónica Digital and Parallels across Europe. An early conviction in crypto — since the Ethereum ICO in 2015 — was always pointed at legitimate business applications, never issued tokens, NFTs or ICOs.
Today that thesis runs through real-world assets — villa development in Lombok via PT PMA Pulau Indah Sejahtera, positioned for tokenisation under progressive frameworks — and through on-chain finance: a crypto portfolio platform, DeFi monitoring, and the open-source infrastructure that carries the firm's name on hex.pm.
The evolution
18 public-access locations for Lufthansa, Sparkasse and Kaufhof; #1 by revenue in six months.
Co-founded MESH GmbH (30+ staff); backbone networks and AS routing. Deloitte Fast 50 / Fast 500.
Incorporated as a holding & consulting firm. Interim CTO at PlusServer / intergenia; post-merger integration.
Early crypto conviction since the Ethereum ICO — research and legitimate applications, never token issuance.
PT PMA Pulau Indah Sejahtera — Lombok villa development, positioned for tokenised real-world assets.
Crypto portfolio platform and BlockWatch DeFi monitoring; smart-contract architecture with AI analytics.
Leadership
Ernesto Fries Urioste
Founder & Managing Director
Multi-disciplinary strategist with deep technology leadership: interim-CTO mandates for enterprise technology companies, post-merger integration, and cloud-service architecture.
Languages: English, French, German, Spanish (professional), Bahasa Indonesia (basic).
Presence
From the Singapore hub — 68 Circular Road, gateway to ASEAN's 650 million consumers and a progressive framework for digital assets — the firm reaches across three active regions.
- Singapore
- Headquarters
- Indonesia — Lombok
- Active
- Malaysia
- Planned
Past engagements · Germany (PlusServer / intergenia, MESH, Pironet NDH), France, Spain (Telefónica Digital), England, Canada, USA.
Thesis & ventures
Where we think the next decade of finance is going.
Two convictions guide the firm's own ventures: that on-chain transparency makes financial systems safer, and that the most valuable real-world assets will eventually trade as freely as information does.
Since shortly after Ethereum's ICO in 2015, the firm has held that blockchain's real promise is transparency — making complex instruments traceable and composable, eliminating the opacity that let 2009 happen. Web3 infrastructure is the work; tokenised real-world assets are the application.
On the record · While we have studied blockchain since 2015, we have never issued tokens, NFTs, or participated in any ICOs. The focus has always been legitimate business applications.
Current ventures
Institutional-grade portfolio management for serious traders ($100K–$10M): multi-exchange integration, dynamic hedging, portfolio-margin optimisation and isolated subaccounts — built to survive 5–50% drawdowns.
Elixir/OTP · Phoenix · LiveView · PostgreSQL
A unified dashboard monitoring DeFi positions across Aave and Compound — time-series history, oracle-based USD valuations, and AI-powered natural-language queries for non-technical users.
Elixir · Phoenix · LiveView · Ash · TimescaleDB
Villa development in Lombok, Indonesia — two plots, five villas, one in Samara Hills (a future Hyatt destination) — managed end-to-end and positioned for compliant RWA tokenisation.
Real estate · RWA
RWA roadmap
Tokenisation services are not offered today. They will be implemented only after the relevant regulators approve — we monitor frameworks closely to be among the first compliant offerings when they do.
- 2025–2026
- Regulatory monitoring Tracking RWA frameworks across Singapore, Indonesia and the EU.
- 2026–2027
- Regulatory clarity expected Anticipated clarity for RWA tokenisation in key markets.
- 2027–2028
- Target launch Tokenised real-estate offerings — pending regulatory approval.
What we do
What Inetpeople can do for you.
Three ways to work together — capital for the businesses we believe in, operating counsel from boardroom to engineering org, and on-chain expertise backed by infrastructure we build and ship ourselves.
Strategic Investment
Growth capital and strategic partnerships for early-stage, technology-driven businesses — with a Southeast Asian lens and a builder's eye for what is actually shippable.
- Seed funding
- Series A investment
- Strategic partnerships
- Southeast Asian market entry
Management Consulting
Hands-on operating counsel from people who have run the teams. Interim-CTO mandates, corporate governance, and the post-merger integration work that turns two orgs into one.
- Corporate governance
- Strategic planning
- Operational excellence
- Post-merger integration
- Interim CTO
Blockchain & Crypto Advisory
Blockchain strategy, crypto portfolio management, DeFi integration and RWA tokenisation — informed by the payment and on-chain libraries we maintain in the open.
- Blockchain strategy
- Crypto portfolio management
- DeFi integration (Aave, Compound, Uniswap)
- RWA tokenisation
And we build it
The advisory is not slideware. The same team designs fault-tolerant systems on Elixir/OTP, real-time interfaces on LiveView, and the open-source payment and on-chain libraries listed under proof of work.
- Elixir & Erlang/OTP
- Phoenix
- LiveView
- Ash Framework
- PostgreSQL
- TimescaleDB
- DeFi protocols
- Blockchain strategy
- AI/ML integration
- Docker
- Kubernetes
- AWS/GCP
In their words
The people who have worked with us.
Ich habe sehr gerne mit Ernesto bei PlusServer gearbeitet. Anfallende Projekte konnten immer sehr effizient besprochen und gelöst werden. Seine freundliche und verbindliche Art, kombiniert mit dem umfassenden IT-Know-how, kann man nur als eine Bereicherung für PlusServer bezeichnen. Ich freue mich auf eine weitere Zusammenarbeit — entweder in Deutschland oder Süd-Ost-Asien!
Head of Product Management · rebeam GmbH (formerly PlusServer)
Ernesto came to Robson to provide assistance and direction in further developing the company. His advice — not only to the company but to myself personally — was very constructive, encouraging, and helpful. This, combined with an extremely personable disposition, made Ernesto a wonderful person to work with. I am better for knowing him, and am looking forward to the next opportunity I get to work with him.
Software Engineer · HashiCorp
Ernesto is a highly professional communication partner with a very clear understanding of technical and commercial situations. The communication with Ernesto is in every kind, email and personal, every time very respectful, friendly and target focused. It is a great pleasure to work together with Ernesto and I would be happy to do more business together with him.
Digital Business Consultant & Certified Scrum Master
I have dealt with Ernesto during his tenure at Mesh. Ernesto has always been an extremely professional person and a pleasure to deal with. What has always impressed me is his combination between business acumen and interpersonal skill. I believe it is what has paved his way to success and will always place him a step ahead of the crowd.
Senior Manager, Customer Experience EMEA
I have had the pleasure to work with Ernesto for 2 years. Ernesto is a very well self-organized business man with an excellent knowledge background, and his determination to progress business has impressed me. I am looking forward to working together with him furthermore.
Key Account Manager · dogado GmbH / Profihost
I've been working with Ernesto for many years. We started with a pure business relation, but soon became real business friends — challenging but fair. Ernesto is a very smart, integer and straight person. I felt Ernesto treated his team the same way. Still, after so many years, it's a great pleasure to stay in touch with Ernesto.
Strategic Account Executive · NetBrain
Ernesto is extraordinary, he combines high energy with high ability. His success has been achieved by his own efforts, together with attracting and retaining a great team of people. It is a pleasure to work with Ernesto, he is highly creative, motivational, and a strongly focused leader, who has the iron will to exceed his targets. Ernesto is a very reliable partner, friend and leader I have ever worked for in my entire career.
Vice President, Cloud Betrieb und Services · GK Software SE
Having supplied and supported Global Telecom Services for Ernesto at Mesh Solutions, I can say that he is one of the best business leaders and entrepreneurs I've come across. Providing quality, personalized, innovative and dedicated services to his clients, as well as making sure he only works with highly skilled professionals, makes any company Ernesto gets involved with a success. He is always available, with only one purpose in mind: exceeding his client's expectations. I would definitely recommend him to any client looking for high-quality and scalable telecom services on a global scale.
Technology, M&A & Transformation Lead
I have worked with Ernesto for more than 10 years. Great guy, great and professional services and always a real pleasure to work with him!
Serial Entrepreneur & Investor
Get in touch
Let's build something worth backing.
No forms, no funnel. Tell us what you're building or where you're stuck — a real person reads every message. Email is the fastest way to reach the firm.
INETPEOPLE HOLDING PTE. LTD. · 68 Circular Road, #02-01, Singapore 049422