Winners & Losers From PUMP’S ICO With Santi, Yano & Rob Hadick | Weekly Roundup

On today's episode of Empire, Stani Kulechov - founder of Aave and Lens Protocol - joins Jason and Santiago to discuss the future of Web3 social. Stani explains how Lens Protocol will be the substrate Web3 social developers leverage to build and bootstrap their apps. Lens Protocol's modular architecture and open-data structure will enable mass experimentation, micro-communities and social composability: leading to differentiated and user-focused products. We then explore the benefits of a user-owned social graph, monetization strategies and how identity/social credit will be the next big unlock in Web3. Tune in to explore this new medium for social! - -  Follow Jason: https://twitter.com/JasonYanowitz Follow Santi: https://twitter.com/santiagoroel Follow Stani: https://twitter.com/StaniKulechov Follow Empire: https://twitter.com/theempirepod Subscribe on YouTube: https://tinyurl.com/4fdhhb2j Subscribe on Apple Podcasts: https://tinyurl.com/mv4frfv7 Subscribe on Spotify: https://tinyurl.com/wbaypprw - - BitMEX is back and better than ever. Sign up for BitmEX's new Spot Exchange for a chance to win a piece of $500,000 in BTC (new users). Learn more about them at https://www.bitmex.com/ -- Timestamps: (00:00) Introduction (01:03) Why Stani Was Kicked Off Twitter (04:45) Can Twitter Decentralize? (12:36) Social Media In Crypto (22:13) What Problem Is Lens Protocol Solving? (25:40) Building Moats In Social Media (28:14) Bitmex Ad (29:30) Building Moats In Social Media (34:36) Comparisons Between Web 2.0 & Web 3.0 Social Media (40:28) How Does Web 3.0 Social Media Monetize? (51:56) Negatives of Social Media On A Blockchain (53:40) Could Lens Be Bigger Than Aave? (59:23) The Lens Protocol Stack -- Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.

19 Maj 20221h 4min

On today's episode of Empire, Joe Lallouz, Head of Coinbase Cloud, joins Jason and Santiago to discuss how Coinbase Cloud is building the AWS of crypto. Coinbase Cloud is building blockchain infrastructure and APIs that abstract the complexities of staking, data access, deployment and more. Joe explains the challenges of building in crypto, how Coinbase Cloud is taking on this challenge, and why developer tooling is critical for rapid innovation. We then discuss the importance of crypto's low switching costs, proof-of-stake systems, Lido's staking dominance, and Coinbase's approach to MEV. Blockchain infrastructure isn't the hot topic on Crypto Twitter, but it's the base layer of the entire ecosystem and will soon be a primary talking point. Don't miss this fantastic conversation to stay ahead of the blockchain infrastructure narrative! - - Follow Jason: https://twitter.com/JasonYanowitz Follow Joe: https://twitter.com/JoeLallouz Subscribe To Our YouTube Channel: https://tinyurl.com/4fdhhb2j Subscribe on Apple Podcasts: https://tinyurl.com/mv4frfv7 Subscribe on Spotify: https://tinyurl.com/wbaypprw -- ParaSwap: If you want to make a swap at the best price across the DeFi market, check out paraswap.io. ParaSwap’s state-of-the-art algorithm beats the market price across all major DEXs and brings you the most optimized swaps with the best prices and lowest slippage. -- (00:00) Introduction (01:27) The AWS of Crypto (10:57) The Multichain Thesis (16:24) Bundling and Unbundling in Web3 (21:56) The Magic of Low Switching Costs (28:11) Move Fast and Don't Break Things (33:48) Building The Secure Foundation (35:19) Is Coinbase a Bridge? (37:27) Paraswap Ad (38:35) Is Lido a Threat to ETH? (45:40) A Coinbase ETH Staking Derivative (48:16) How Coinbase Approaches MEV (51:43) MEV's Moral Hazard (55:19) Blockchain On Demand (59:38) Why ApeCoin Doesn't Need Its Own Chain (1:03:11) Every Company Will Be a Crypto Company (1:06:08) Segments Ripe For Innovation -- Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.

16 Maj 20221h 10min

On today's episode of Empire, Olaf Carlson-Wee, Coinbase's first employee & founder of Polychain, joins Jason and Santiago to discuss his views on the state of crypto. Olaf reflects on crypto's cycles, the reoccurring themes and how this relates to the UST meltdown and today's bear market. We then dive into Olaf's investment philosophy, exploring his thoughts on what assets will accrue value, the multichain future and the most exciting opportunities. You'll also hear Olaf's unique take on the "one reason" DAOs should exist. Don't miss this fantastic episode with one of the most interesting/successful OGs in crypto. - - Follow Jason: https://twitter.com/JasonYanowitz Follow Mike: https://twitter.com/MikeIppolito_ Follow Olaf: https://twitter.com/zxocw Subscribe To Our YouTube Channel: https://tinyurl.com/4fdhhb2j Subscribe To Our Podcast: apple.co/3srZf7M or sptfy.com/8bQc -- BitMEX is back and better than ever. Sign up for BitmEX's new Spot Exchange for a chance to win a piece of $500,000 in BTC (new users). Learn more about them at https://www.bitmex.com/ -- (00:00) Introduction (01:02) Market Chaos (05:37) Crypto's Cycles (17:33) Stablecoins and UST's Meltdown (24:33) The End of Algo Stables (30:06) Where's The Market Headed? (38:14) Bitmex AD (39:31) The Biggest Entrepreneurial Laboratory in History (43:23) It's Time for Buying Not Selling (44:34) Layer One Wars (48:38) The L2 Ecosystem (53:58) Where Will Value Accrue? (58:13) What's Overlooked In Crypto? (1:03:22) The One Thing DAO's Should Do (1:06:18) DeFi vs CeFi (1:07:39) Struggles of an Entrepreneur (1:11:33) The Industry Has to Prove Itself -- Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.

13 Maj 20221h 15min

Jordi Alexander and Mika Honkasalo join Jason and Santiago on today’s episode of “Empire" to discuss the meltdown of UST, Terra's stablecoin. The match was lit Sunday with UST de-pegging from one dollar, and it's now become the single biggest wealth destruction event in crypto. Jordi and Mika explain what led to UST's demise, how this could have been prevented, and what's in store for the future of UST and Terra. Is this the end of decentralized stablecoins? Can the market recover? Tune in to find out. - - Follow Jason: https://twitter.com/JasonYanowitz Follow Santi: https://twitter.com/santiagoroel Follow Jordi: https://twitter.com/gametheorizing Subscribe To Our YouTube Channel: https://tinyurl.com/4fdhhb2j Subscribe To Our Podcast: apple.co/3srZf7M or sptfy.com/8bQc -- (00:00) Introduction (01:07) What Happened to UST? (04:32) Utility vs Ponzi Mechanics (12:13) BTC Reserve (15:26) The Attack (20:32) How Did Institutions Play This? (24:31) Macro's Impact (26:52) Future of Decentralized Stablecoins (35:46) How Could UST Be Designed Differently? (43:21) The Multiplier Effect (44:44) The Soros Test (46:57) What's Next for UST? (56:16) The Arbitrage (59:12) The Systemic Effects (1:05:40) The Investment Outlook -- Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.

12 Maj 20221h 13min

Vance Spencer and Michael Anderson, co-founders of Framework Ventures, join Jason on today’s episode of “Empire.” The founders have grown Framework’s assets under management from $14 million to over $1.4 billion in just three years. The co-founders share their thoughts on the layer-2 scaling thesis and why every project will eventually fork their own layer-2. Vance and Michael believe the shift to layer-2s is inevitable — it’s the endgame in maximizing token value. They then dive into staking and staking derivatives and why the Ethereum merge will bring about the birth of a new industry. This might be the most alpha ever dropped in one podcast — don’t miss it! - - Follow Jason: https://twitter.com/JasonYanowitz Follow Vance: https://twitter.com/pythianism Follow Michael: https://twitter.com/im_manderson Subscribe To Our YouTube Channel: https://tinyurl.com/4fdhhb2j Subscribe To Our Podcast: apple.co/3srZf7M or sptfy.com/8bQc -- ParaSwap: If you want to make a swap at the best price across the DeFi market, check out paraswap.io. ParaSwap’s state-of-the-art algorithm beats the market price across all major DEXs and brings you the most optimized swaps with the best prices, and lowest slippage. -- Timestamps: (00:00) Intro (01:21) Yuga Labs debacle and scaling solutions (07:40) Application-specific L2s (09:07) Are L2 tokens parasitic to L1 tokens? (11:27)The multichain future (15:58) $10B hack prediction (17:57) Lido and Staking (23:27) Is The ETH Merge Priced In? (27:41) How To Outperform ETH (30:24) Fundamental Analysis (32:54) Institutional strategies and the ETH flippening (38:56) Paraswap Ad (40:05) Bearish AMMs, Bullish PFOF (45:14) Are we just recreating TradFi? (47:22) Revisiting the OG DeFi protocols (50:50) Tokenomics (55:14) Investing in GameFi (1:04:58) Enterprise blockchains (1:09:54) Super DAOs (1:11:54) 2022 Outlook -- Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.

9 Maj 20221h 19min

In this episode of Empire's Weekly Roundup, Jason and Santiago start with the most relevant topic: how to survive a bear market. Santiago explains how he embraces the bear and shares advice for builders and investors - including his current investment strategy. Jason and Santi then explore the NFT market, Yuga land sale and today's scaling challenges. The conversation is capped off with thoughts on Lido's dominance, Anchor's rate drop and DAO legal battles. Tune in to hear this week's top stories all in one episode! -- BitMEX is back and better than ever. Sign up for BitmEX's new Spot Exchange for a chance to win a piece of $500,000 in BTC (new users). Learn more about them at https://www.bitmex.com/ -- Follow Jason: https://twitter.com/JasonYanowitz Follow Santi: https://twitter.com/santiagoroel Subscribe To Our YouTube Channel: https://tinyurl.com/4fdhhb2j Subscribe To Our Podcast: apple.co/3srZf7M or sptfy.com/8bQc - - Referenced in the show: The WSJ "NFT Sales Are Flattening" article https://www.wsj.com/articles/nft-sales-are-flatlining-11651552616 Dune Analytics Data https://dune.com/sealaunch/NFT https://dune.com/rchen8/opensea Nansen NFT Tweet/Stats https://twitter.com/themlpx/status/1521845362830430208 Ben Strack Article On bZx Litigation https://blockworks.co/hacked-dao-faces-lawsuit-as-users-try-to-recoup-stolen-funds/ Fairfax Pension Announcement https://cointelegraph.com/news/virginian-county-wants-to-put-pension-funds-into-defi-yield-farming -- (00:00) Introduction (02:43) Surviving The Bear (08:36) Are Private Deals Too Hot? (12:18) Santi's Current Investment (18:00) What's Going On With NFTs (28:23) Bitmex Ad (29:31) Yuga Land Sale & Scaling Challenges (37:26) Does Provenance Determine an NFTs Value? (39:01) ApeCoin's Staking Proposal (41:51) Lido and the Pull of Centralization (47:01) Anchor Hits ATH TVL Despite Rate Drop (48:28) DAOs Are Being Sued (52:13) Pension Fund Doubles Down on Crypto (53:36) Permissionless Is Almost Here! -- Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.

6 Maj 202256min

On today's episode of Empire, Jason and Santiago are joined by Jeff Dorman, CIO of Arca. Jeff is a prominent crypto investor known for his fundamental analysis, contrarian bets and ability to simplify crypto's arcane topics. In this episode, Jeff explains crypto's response to macro, why fundamentals matter, equity tokenization, crypto's most exciting developments and more. Don't miss Jeff's insights on where crypto is headed next! Resources: BTC/NASDAQ correlation: https://www.bloomberg.com/news/articles/2022-04-11/bitcoin-s-correlation-with-big-tech-increases-to-record-chart Follow Jeff on Twitter: https://twitter.com/jdorman81 Follow Empire on Twitter: https://twitter.com/theempirepod -- ParaSwap: If you want to make a swap at the best price across the DeFi market, check out paraswap.io. ParaSwap’s state-of-the-art algorithm beats the market price across all major DEXs and brings you the most optimized swaps with the best prices, and lowest slippage. -- Timestamps (00:00) Introduction (01:27) The Real Reason Crypto Is Correlated To The NASDAQ (04:27) Is The Fed In Control of Inflation? (09:02) Crypto's Strength During Macro Turbulence (13:04) The Ownership Narrative (15:25) Everything Is Based On Trust (18:12) Ownership and Aligned Incentives (25:27) Liquidity Incentives (30:28) Governance (33:57) Paraswap Ad (35:06) CeFi Merging With DeFi (39:32) What Is Jeff Excited About? (44:09) DeFi Is Boring But Works (47:42) Tokens That Accrue Value (49:50) Business Development in Crypto (54:38) How To Value Layer One Blockchains -- Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.

2 Maj 20221h 1min

In today's episode of Empire's Roundup, the long-awaited return of Santi and Jason discussing the latest in crypto, DeFi, and more has finally landed. They refresh some predictions around ETH for 2022 and discuss the Optimism airdrop, the BAYC Instagram hack, Osmosis's canonical bridge vote, and announcements from funds and initiatives alike. You won't want to miss this! -- BitMEX is back and better than ever. Sign up for BitmEX's new Spot Exchange for a chance to win a piece of $500,000 in BTC (new users). Learn more about them at https://www.bitmex.com/ -- Follow me and Santiago on Twitter, @JasonYanowitz and @santiagoroel; let us know what you thought of the show! Subscribe to the podcast on Spotify: https://open.spotify.com/show/4UTePv1CR3APdKOiosR3Iq?si=41bc452345b649f9 Subscribe to the podcast on Apple: https://apple.co/3srZf7M -- Timestamps: (00:00)・Introduction (01:50)・The Permissionless conference (03:05)・Optimism's airdrop & implications (20:06)・Predictions for an Ethereum and P2E Summer (23:56)・BAYC Instagram hack (29:08)・Is it the NFT top? (35:55)・Be a crypto user (38:35)・A proliferation of algo stablecoins (44:30)・BTC as the global reserve layer of the world (47:02)・Osmosis votes in Axelar as the canonical bridge (49:05)・Fidelity's 401K BTC announcement (50:52)・Dragonfly launches a $650M crypto fund (52:18)・Current favorite shows and podcasts

29 Apr 202259min