The Top Things Investors Need to Know Before Buying Crypto Tokens
Unchained19 Mar

The Top Things Investors Need to Know Before Buying Crypto Tokens

Across Protocol wants to retire its token in exchange for equity. Is the DAO model structurally broken? Thank you to our sponsor! Adaptive Security With Across Protocol proposing to retire its ACX token in favor of equity, a long-simmering question in crypto governance is finally breaking into the open: do token holders actually have meaningful ownership, or just the illusion of it? As the regulatory environment under the new U.S. administration shifts dramatically from the Gensler era, the structures that crypto teams were forced to build may now be working against the very communities they were meant to serve. Ryan Yi, founder of Onchain Group, and Felipe Montealegre, co-founder and CIO of Theia, have studied these incentive structures closely, and what they have found is uncomfortable. From PumpFun's suppressed valuation to the perverse incentives baked into token buyouts, this conversation examines whether the DAO model was ever built to last, and what governance actually needs to look like if crypto is going to compete with global finance. Guests: ⁠⁠⁠⁠Ryan Yi, Founder of Onchain Group ⁠⁠⁠⁠Felipe Montealegre, Co-Founder & Chief Investment Officer at Theia Links: Read our Aave deep dive here Learn more about your ad choices. Visit megaphone.fm/adchoices

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Episoder(1270)

Why the Crypto Market Cap Could Reach $50 Trillion This Cycle

Why the Crypto Market Cap Could Reach $50 Trillion This Cycle

Ran Neuner argues crypto has finally found product-market fit, and a BlackRock report on AI agents and blockchain rails convinced him the thesis may be much bigger than he thought. ==================...

25 Sep 49min

Why Kalshi's Timeline Fight Put Its ETH Perp Volume Under a Microscope: Uneasy Money

Why Kalshi's Timeline Fight Put Its ETH Perp Volume Under a Microscope: Uneasy Money

Kalshi's ETH perp did half a billion in volume on $3 million in open interest. Kain and Taylor lay out why that isn't necessarily wash trading. Plus, Austin joins as co-host. ========================...

24 Sep 1h 9min

Bits + Bips: Is Bitcoin Finally Being Priced on Fundamentals?

Bits + Bips: Is Bitcoin Finally Being Priced on Fundamentals?

📢 Bits + Bips has its own channel now — full episodes here: https://www.youtube.com/@Bitsandbips Quick favor: We're deciding what Unchained does next; new shows, stream times, what's worth paying...

23 Sep 13min

How Zcash and NEAR Are Driving This Crypto Bull Run

How Zcash and NEAR Are Driving This Crypto Bull Run

Zcash and NEAR are both ripping this week, and Illia Polosukhin and Mert Mumtaz say privacy is the reason why. Is this how the “Bitcoin DeFi” vision comes true? ======================================...

23 Sep 56min

Crypto's Clarity Act Collapses. Two Days Later, the SEC Introduces Its Innovation Exemption

Crypto's Clarity Act Collapses. Two Days Later, the SEC Introduces Its Innovation Exemption

Days after Clarity failed, the SEC granted a major exemption for tokenized stocks. The Digital Chamber’s Cody Carbone explains whether agencies can replace the law. ==================================...

18 Sep 35min

Uneasy Money: What Crypto's Gensler Years Say About the AI Slowdown Debate

Uneasy Money: What Crypto's Gensler Years Say About the AI Slowdown Debate

Delphi Ventures founding partner Tommy Shaughnessy tells Kain and Taylor the AI slowdown talk is a moat against cheap Chinese models. Plus, why the Clarity Act died. =================================...

17 Sep 1h 14min

The Chopping Block: CLARITY Dies on the Senate Floor, Hunter Biden's LAPTOP Rug, & the AI Pause Pact

The Chopping Block: CLARITY Dies on the Senate Floor, Hunter Biden's LAPTOP Rug, & the AI Pause Pact

The boys get together in person as CLARITY falls short with 47 votes. They break down what comes next, Hunter Biden’s LAPTOP token collapse, the Robinhood/Hyperliquid case, Balancer winding down, and ...

17 Sep 1h

Bits + Bips: Would AI Rules Box Out Everyone but the Frontier Labs?

Bits + Bips: Would AI Rules Box Out Everyone but the Frontier Labs?

📢 Bits + Bips has its own channel now — full episodes here: https://www.youtube.com/@Bitsandbips In one week, OpenAI said its agents solved a Millennium Prize problem, a researcher quit Anthropic ...

16 Sep 16min

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