Podcasts about blockfolio

Imran and Qiao are back to talk about the attempted assassination of Donald Trump, the future of memecoins, and crypto VC markets.No BS crypto insights for founders.Timestamps(00:00) Intro(00:49) Trump Assassination Attempt and Market Impact(04:12) JD Vance's Background and Crypto Involvement(08:25) Silicon Valley's Political Shift(10:16) Trump's Influence on Tech and Crypto(15:32) Future of ICOs and Venture Capital(20:27) Token Projects and Market Dynamics(21:21) Degen Layer 3 Announcement(24:10) The Blast Transition(28:11) Ethereum's Role and Layer 2s(29:57) Potential for Apps to Have Their Own Chains(33:17) Farcaster and Developer Alignment(35:38) Growth of Alternative Tech and Kick Streaming Platform(41:56) Political Bias in AI Platforms(42:46) Comparing AI Tools: ChatGPT vs. Claude(44:27) Onchain Games & Autonomous Worlds(50:33) Crypto On/Off-Ramp Case Study(58:28) State of zkEVMs(01:07:03) ZK vs. FHE & TEE(01:16:27) "Prioritizing simplicity helps build for every human" - Worldcoin(01:20:10) DeFi Coins(01:24:31) Moonshot.money(01:27:37) "Hey, should I buy JD Vance?"(01:29:17) "DEX Screener is the Blockfolio of this cycle"(01:30:29) Ending the Episode with “Many Men (Wish Death)”Spotify: https://spoti.fi/3N675w3Apple Podcast: https://apple.co/3snLsxUWebsite: https://goodgamepod.xyzTwitter: https://twitter.com/goodgamepodxyzWeb3 Founders:Apply to Alliance: https://alliance.xyzAlliance Twitter: https://twitter.com/alliancedaoDISCLAIMER: The views expressed herein are personal to the speaker(s) and do not necessarily reflect the views of any other person or entity. Discussions and answers to questions are intended as generalized, non-personalized information. Nothing herein should be construed or relied upon as investment, legal, tax, or other advice.

Meow is the CoFounder at Jupiter Exchange, the most used decentralized Exchange in the world. He is a true O.G. in the crypto scene, with a wealth of experience as the lead advisor at Instadapp, Kyber, and Blockfolio. In this conversation, we dive into: -The importance of failure -"Going with the flow" in Crypto -Money is energy -Crypto as an insiders game -PPP -Crypto Cycles -How to be resilient -The Zero expectations philosophy -MoonBoys and Attention theory -Meme coins vs Utility coins __________________________________ JOIN 'KEVIN X SWISSBORG ALPHA CLUB' TO GET BEST ALPHA FROM THE BIGGEST BUILDERS

In this episode of the Inspired Money Live Stream Podcast, we discuss the intriguing world of wine regions and investment opportunities. Joined by guest panelists Anthony Zhang, John Jackson, Tanisha Townsend, and Cha McCoy, we navigate through the intricacies of wine production, market trends, and strategic investments. Discovering the World of Wine Investment Wine investment is not just about enjoying a good bottle, but also about understanding the complexities of the wine market. "Exploring Wine Regions and Investment Opportunities," brings to light the multifaceted aspects of investing in wine. Our distinguished guests share their expertise and personal experiences, offering a comprehensive view of wine investment beyond traditional financial markets.

In this week's episode, I sat down with two monster guests: Luke Belmar and Meow. Luke Belmar is the CoFounder at Capital Club. Belmar's Capital Club is one of the largest decentralized entrepreneurial networks in the world. His estimated net worth is $40 million. Luke made his fortune from digital advertising, e-commerce, dropshipping, and investing in crypto and NFTs. Meow is the CoFounder at Jupiter Exchange, the most used decentralized Exchange in the world. Meow was the lead advisor at Instadapp, Kyber, and Blockfolio. In this conversation we dive into: - Going all in crypto - What is Money? - The Theory of Money and Energy - Government illusion - The Truth about Taxes - Defining Success - The Trap of Consumerism - Financial Freedom - Crypto Beginners' mistakes - How to deal with FUD - Becoming a Leader - How to build a crypto portfolio - Pudgy Penguins - Jupiter Exchange - Ton Blockchain - Memecoins - How to Build a Strong Community - Investing in people - How to Survive the markets madness And more! ---------------------------------- JOIN 'KEVIN X SWISSBORG ALPHA CLUB' TO GET BEST ALPHA FROM THE BIGGEST BUILDERS

At the age of 18, Anthony dropped out of college to take the Thiel Fellowship and pursue his first startup, EnvoyNow. Which was acquired by JoyRun, then by Walmart.Seven years ago at the age of 21, Anthony suffered a life-changing accident that left him as a quadriplegic. Although he's recovered some function since, he's still currently in a wheelchair.Today, Anthony is the Cofounder and CEO of Vinovest. Vinovest helps investors diversify their portfolios into rare wine and whiskey, an asset class that has outperformed the S&P over the past three decades. Vinovest has over $100MM in assets under management.In this episode, we discussBecoming paralyzed at 21. And how he persevered to grow and sell Envoy Now.His relationship with his wife Mckenna  and how they've stayed together since teenagers.Securing Mark Cuban as his first angel investor through a Shark Tank-esque campus pitch.Leaving college as a Thiel Fellow and meeting Ethereum's Vitalik Buterin.Hustling to work for Blockfolio, its sale to FTX, and meeting Sam Bankman-Fried.The genesis of Vinovest and how he carved out a serious reputation in the wine industry.Learn more about Anthony:Vinovest Website: www.vinovest.coVideo: Anthony pitching Mark Cuban Shark Tank-styleAnthony's Instagram: @anthony_j_zhangAnthony's Twitter: @anthony_j_zhangFortune: A 22-Year-Old Entrepreneur Moves Forward After a Life-Changing Accident Left Him Paralyzed 

En el juicio por fraude y lavado de dinero, Sam Bankman-Fried, fundador de la criptobolsa FTX, enfrenta acusaciones críticas por colapsar su compañía y perder miles de millones.Sam Bankman-Fried, el carismático fundador de FTX, una de las más prominentes plataformas de intercambio de criptomonedas, se encuentra en medio del juicio más sonado en la historia de las criptomonedas. Acusado de fraudulento manejo, testigos clave, incluida su exnovia, aportan pruebas incriminatorias. Pero, ¿qué llevó exactamente a la caída de FTX y a las graves acusaciones contra Sam?FTX, con sede en Bahamas, se fundó en 2019 y rápidamente se convirtió en el tercer mercado de criptomonedas más grande del mundo. Bajo el liderazgo de Bankman-Fried, la empresa realizó movimientos audaces, adquiriendo Blockfolio y alcanzando valoraciones multimillonarias. A pesar de su éxito aparente, se encontraban problemas en el núcleo financiero.Testimonios, como el de Caroline Ellison, exnovia de Sam y directora ejecutiva de Alameda Research, han revelado un complejo entramado de decisiones financieras cuestionables. Ellison señaló cómo Bankman-Fried solicitó presentar de manera creativa balances financieros. La codificación "allow_negative", permitió que Alameda Research tuviera una línea de crédito infinita con FTX, lo que finalmente llevó al colapso financiero de la plataforma y al arresto de Bankman-Fried.A pesar de las abrumadoras evidencias y testimonios, la defensa de Bankman-Fried intenta dispersar la culpa, señalando las decisiones de otros empleados clave y cuestionando la credibilidad de ciertos testigos. El destino de Sam y el legado de FTX aún están en juego, y el mundo criptográfico observa ansiosamente el resultado.¿Quieres saber más sobre el impacto de la tecnología en nuestro mundo? Escucha el pódcast "El Siglo 21 es Hoy" en ElSiglo21esHoy.com.Bibliografía:- Spiegel- The Wall Street Journal- Gizmodo- WikipediaThis show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/5835407/advertisement

Matias Dorta is the Co-Founder and CEO of AssetDash. Matias's Twitter: @mattdorta AssetDash's Twitter: @assetdash AssetDash's Website: https://www.assetdash.com/ Logan Jastremski's Twitter: @LoganJastremski Frictionless's Twitter: @_Frictionless_ Frictionless's Website: https://frictionless.fund/ Try out NEW Orca: https://bit.ly/neworca_logan ___ This Podcast was sponsored by Squads (https://squads.so) & Orca (https://www.orca.so/). Squads Protocol: the multisig standard you were looking for on Solana Securely manage your treasury, program upgrades and tokens with your Squad. - Multi-signature - A multisig requires multiple digital signatures in order to approve transactions. This is opposed to individual web3 wallets, which only require one signature. - Security - Multisigs spread the attack vector necessary for your assets to be compromised. By requiring confirmations from multiple private keys, a single point of failure is eliminated. - Collective Ownership - Multisigs allow teams to own and manage their on-chain assets together. You get to choose who is on your multisig. - Self-Custody - Your on-chain assets are always in your team's control. By securing them in a multisig, you forego the risk of centralized entities losing your funds. ___ Orca is a Concentrated Liquidity Automated Market Maker (CLAMM, for short). - Orca is the easiest place to trade crypto and build applications on Solana. - On Orca, you can trade tokens lightning fast and confidently (thanks to our Fair Price Indicator). Additionally, you can provide liquidity to our concentrated liquidity pools (Whirlpools) to earn trading fees and token emissions.

Ed Moncada is the Founder of Blockfolio and Protofund. Ed's Twitter: @EdwardAMoncada Protofund's Twitter: @protofundvc Protofund's Website: https://www.protofund.com/ Logan Jastremski's Twitter: @LoganJastremski Frictionless's Twitter: @_Frictionless_ Frictionless's Website: https://frictionless.fund/ ___ This Podcast was sponsored by Squads (https://squads.so) & Orca (https://www.orca.so/). Squads Protocol: the multisig standard you were looking for on Solana Securely manage your treasury, program upgrades and tokens with your Squad. - Multi-signature - A multisig requires multiple digital signatures in order to approve transactions. This is opposed to individual web3 wallets, which only require one signature. - Security - Multisigs spread the attack vector necessary for your assets to be compromised. By requiring confirmations from multiple private keys, a single point of failure is eliminated. - Collective Ownership - Multisigs allow teams to own and manage their on-chain assets together. You get to choose who is on your multisig. - Self-Custody - Your on-chain assets are always in your team's control. By securing them in a multisig, you forego the risk of centralized entities losing your funds. ___ Orca is a Concentrated Liquidity Automated Market Maker (CLAMM, for short). - Orca is the easiest place to trade crypto and build applications on Solana. - On Orca, you can trade tokens lightning fast and confidently (thanks to our Fair Price Indicator). Additionally, you can provide liquidity to our concentrated liquidity pools (Whirlpools) to earn trading fees and token emissions.

Welcome to the 120th episode of the FTX Podcast with special guest Nathaniel Whittemore and your host Tristan Yver!Early in his career he was the Founder of the Center of Global Engagement at Northwestern, which guides undergraduate students who want to make an impact on international issues. He was working at Blockfolio when it was acquired by FTX - he is now our Head of Marketing. He leads the charge on brand narrative, storytelling and the advertising side of things. He is the host of The Breakdown; the world's largest daily crypto podcast with analysis of macroeconomics, bitcoin, geopolitics and big picture power shifts. You can find him on all social networks: @NLW. Thanks for coming on the show Nathaniel! Your time, energy & insight is appreciated! 

Ben Chow (Jupiter Exchange Co-Founder) joins The Zeitgeist to discuss Jupiter's role in the Solana ecosystem powering swap infrastructure.Show Notes0:44 - Intro / Background05:04 - How does Jupiter work?08:44 - Jupiter integration in Phantom13:26 - Keeping up with the new liquidity innovations15:47 - What's the process of Jupiter Integration21:18 - Who is using Jupiter?24:44 - The Growing Solana Ecosystem26:04 - What is the vision for Jupiter?28:44 - Favorite Builders in the space32:28 - Contact infoReferencesSaberOrcaRaydiumFriktionTranscriptBrian (00:06):Hey everyone, and welcome to the Zeitgeist, the show where we highlight founders, developers and designers who are pushing the Web3 space forward. I'm Brian Friel, developer relations at Phantom, and I'm super excited to introduce Ben Chow. Ben is the co-founder of Jupiter, the largest decentralized exchange aggregator on Solana, powering tens of millions of dollars in swaps every day. Ben, welcome to the show.Ben (00:30):Thank you for having me. I'm super excited to be here.Brian (00:33):Thanks for coming on. And so we have a lot to cover today, including an exciting announcement between Phantom and Jupiter. But before that, could you give us a brief overview of who you are and how you came to be involved with Jupiter?Ben (00:44):Sure, yeah. So hi everyone, my name is Ben. I'm one of the co-founders of Jupiter. I became involved in Jupiter actually through a few good friends of mine, Megan and Shawn. Probably unlike many people, I am relatively new to crypto, although at this point in time, I feel like an ancient person. The world moves. I think I've gone through a couple of cycles and a few different crypto projects, so it's been an amazing roller coaster ride of sorts.Ben (01:13):But as for my background, I'm a ex-IDEO product designer and longtime serial entrepreneur and startup founder. I've worked in a number of fields to be honest. Probably the most successful ones was that I was actually an early social gaming pioneer. I helped build a social gaming startup that was True Venture backed and later got acquired by Disney played him in a roll up.Ben (01:37):More recently, before Jupiter I was the co-founder CEO of a top 100 social app on the iOS store, and I also happen to have several patents and a lot of work in the medical product space. Probably the coolest one was I did an augmented reality surgical navigation system for cataract surgeons that we took to market, which was very cool.Ben (02:03):I would say the core team on Jupiter is pretty experienced. Megan and Shawn are probably the OG DeFi folks. They were a founding team or strategic advisor to InstadApp, RAPBTC, Kyber, Blockfolio, and a number of others. And I feel grateful and fortunate that they looped me in when they were thinking about building on Solana. So we're a pretty veteran team. We've all done a number of companies, a number of products. I feel very thankful that Solana is both an incredible ecosystem to build on, and this is an incredible time to be a builder. There's just so much value you can give because we're all super early, but also everyone is really smart, very talented, really great to work with. So it's just been an amazing time.Brian (02:53):So you have this wealth of startup experience across a ton of different domains. Was Solana your first blockchain ecosystem that you really sunk your teeth into and got involved with?Ben (03:03):Yes. Solana actually is my first. I don't have the stories that people have about Ethereum or Binance, and I don't have as much background in those. I really only know Solana very well. At the same time, I've also had to come up to speed on DeFi and crypto in general. So I have this really interesting depth of knowledge in a certain area, but not as much broad experience. Like when people talk about 2017 and the crypto winter, I didn't have those kind of experiences. I can talk shop now a little bit more around aggregation indexes, concentrated liquidity, derivatives, perpetuals, all sorts of stuff. I think one of the things that attracts me to crypto is that for any of the things I've always done, I just love to deep dive into a problem domain and learn as much as I can. And crypto is like this endless deep well of things you can learn.Brian (04:02):Yeah, the rabbit hole.Ben (04:04):Yeah. Literally, probably the deepest rabbit hole I've ever been in. And I've been in several. Doing surgical navigation systems are like this combination of understanding the business model, the user experience, the biomedical, the biophysical, every single layer of it is needed to really do something very interesting and cool. And the same can be said even more so with crypto.Brian (04:33):No, I agree a hundred percent. It's an endless learning experience. And so you mentioned your background. Back in the day you were at IDEO as a product designer. Most people, I would say, know Jupiter today because of the website you guys host at jup.ag. You guys have a really slick few clicks and you're swapping the best rate between different tokens on Solana. But you guys also offer a couple other ways to interface with Jupiter. Can you speak a little bit to how Jupiter works under the hood and how both users and developers can interact with what you guys have built?Ben (05:04):So we have an SDK and a API, and our vision for how we see Jupiter and how it relates to the rest of the ecosystem is that we want to be the swap infrastructure for all of Solana. And the single place that any project developer or user can easily access all of the liquidity and discover the best price trades for any token that they want to trade on in Solana. What that means is that if you're a developer... And I would say one reason why we've gotten a huge traction on developers building on top of Jupiter is that we make it really easy to do not only trades, but arbitrage trading. So if you're using our API, it's actually one of the easiest things you can do because it's language platform agnostic. It's literally one REST API call to get the best price routes, and then another API call to also get the transaction objects you need to send to actually do the swap.Ben (06:12):On the SDK side, it's a little bit more involved, but it's about three or four steps. You just have to load up the library and then put in your trade that you want and compute the routes. Right now, computing all the routes is done off chain and offline, and the reason for that is that we integrate currently 15 DEXs on Solana. And what that means is, basically we connect and route every single market there is on Solana. So you can think of all of Solana's liquidity as one big virtual DEX, and we have to create the routes for all that. That means that there's tons of routes, thousands and thousands of routes. And calculating the best price between all of them is actually computationally expensive and something that is very very hard to do on-chain. And so that is done in our SDK off-chain, and our API also leverages our SDK. So whenever we make improvements to our SDK, our API automatically gets them.Ben (07:13):There's a lot of work that happens on a daily basis. One, to optimize the routing algorithm, to make it more performant. Because as you can imagine, anytime you increase the number of tokens, and there are thousands of tokens on Solana, anytime there's new liquidity sources for those tokens, the complexity grows exponentially. So the number of permutations and combinations of routes grows ever greater, and calculating them in a way that's very fast for users. In some ways, a lot of market opportunities and best price routes don't live very long, right? So the route itself could be best price for only a block or a couple blocks before someone else snatches it. You want to be able to calculate these things very, very quickly. And so we do a lot of work optimizing the computation for it, and then also there's a lot of infrastructure work for anyone using the API to be able to make sure that it scales and is performant for all the people who are using the API.Brian (08:21):So I'd love to dig in more of the details, but before we do, we do have an exciting announcement to bring up today. And that is at the time that this show is being recorded, Phantom is set to release its brand new in-app swapper that's powered by Jupiter. We're super excited about this because it opens up a huge wide range of new markets and gives our users the best possible price across all pairs they're interested in trading. Can you guys speak a little bit to this integration and what this means for DeFi on Solana?Ben (08:48):So basically I think along with our mission, what it means to be a swap infrastructure, is that there's actually just a lot of work to make all this liquidity and any token available for anyone. What we want to do is make it easy for any project or any wallet to access this liquidity as simply and as seamlessly and as easy as possible. And that is so you can support the rich number of use cases there are for swaps, which could be streaming payments, being able to, if you're streaming a token that the recipient can receive the token in the token of their choice at the best rate possible. This is like purchasing NFTs, being able to purchase NFTs with any token, not just SOL or whatever the collections token is.Ben (09:35):If you don't have those things to be able to do that easily, simply in one click to power payments... So Solana payments, we work with MtnPay to help facilitate that. So you can purchase anything with any token that you have, not just USDC, but the person the recipient can receive in the token that they want, whether it's USDC or SOL or whatever, but someone can pay with the token that they want. So facilitating these interactions, that means that the simple thing that most developers do is they connect with one DEX, right? But that DEX may not have the best rates. That DEX may not have all the tokens.Ben (10:15):So a lot of tokens don't launch on every DEX. They launch on, it could be a Serum market or, or maybe a Raydium permissionless pool. And so being able to look at where the liquidity is, where the rates are, and make sure that people can easily access that with one API call or using our SDK is really important. And again, as Solana grows, as the number of tokens grow, as the number of projects come along, as a new markets come online, this stuff gets harder and harder, and more so because the latest DEXs that are coming online are actually much more complicated than the constant product AMMs that Solana first launched with.Ben (11:00):So we're seeing concentrated liquidity market makers, we're seeing proactive market makers, which are using Pyth or other price oracles to enable their market making. These things are very complicated to deal with and to integrate on top of them, but the reason to use them is that they offer amazing prices. So LIFINITY is one of the DEXs that we integrate with, along with Crema and Orca whirlpools, and their ability to give you competitive great prices for some of the popular token swaps is amazing.Ben (11:38):Because they have a lot more dependencies and they're a little bit more complicated, there are issues and there are corner cases to deal with. For example, because LIFINITY relies on a price oracle, in times of congestion that oracle could get behind and not be updated, and thus their ability to market make is hampered. Along with that, since everything is really early, we're usually the first people to work with anyone's SDK. It's usually in the early stages, and so doing things like having a really nice way to handle these errors and surface them to users where it makes sense to them, like, "Why is this something happening?" is an important job, and we're generally becoming sort of the interface between integrators and DEXs in terms of helping people like troubleshoot where bugs are in order to provide the best user experience for the end user.Brian (12:38):No, I think that user experience is everything at the end of the day, and that's why we're super excited about this integration. I remember a time on Solana when it was so simple, I could just open up maybe Saber, Orca, Raydium, a few other DEXs and have them all on one screen, and I could just compare different prices. But as you said, there's been a complete Cambrian explosion in different markets and different types of markets. And so you guys are doing great work to normalize that and make that a great user experience for everybody.Brian (13:05):Just real quick. You hit on a couple different types of these types of markets. AMMs, the classic example, and then there's concentrated liquidity, Orca's whirlpools have been a huge success recently. Solana's also unique in that we have central limit order books on chain, Serum. And then there's this concept also of professional market makers giving liquidity. Is there any other types of liquidity that you guys are aggregating, and how are you keeping up with these new innovations that are happening?Ben (13:31):There are a lot of interesting things going on. Probably the next set of integrations that will be more interesting for folks is that we are starting to integrate directly with minting and staking programs and not just liquidity pools. And the benefit there for folks is that normally these routes will have either no to very low slippage. So if you wanted to, for example, go from SOL to mSOL and you wanted to convert a million dollars worth of it, usually if it's in a pool, there's a great deal of slippage. But with these direct minting routes, there's almost none. Also, a lot of these minting, staking routes will have zero to low fees as well, because you're working directly with the protocol itself and there's no need to... A lot of times the fees are an incentive for LPs to deposit their liquidity and give them some incentive. If you're talking directly to the protocol itself, there's no need to take fees per se. So they could be zero to low things. So there's some really cool advantages.Brian (14:47):And you guys don't add a fee also, correct? You guys don't add a fee any of your trades.Ben (14:52):We also take zero fees, yes. We take a very long term view with Solana. We think it's super early. We want to grow the volumes in Solana. We want to grow Solana itself as well. And also we're very focused on making sure we deliver the absolute best price swaps to you, and charging a fee on top of DEX fees is not in our interest. We're not really here to extract value, more to give value to end users, developers and anyone that we work with.Brian (15:25):I think we're very aligned on the long term vision and the potential of Solana there. So what is the ultimate process like for integrating these new markets? I imagine, given the scale of your guys' infrastructure, it must be a fairly manual process to review these and normalize different markets. Is there a plan at all to make this in a way in the future where this could be a semi-permissionless thing, where people can add their own markets to Jupiter, or how complex is that integration today?Ben (15:52):For the most part, we've automated everything. So it's really not possible to manually check everything. If there's liquidity on Solana and a token in the token registry, we have it listed on Jupiter within minutes. And that's because we built out the infrastructure to automate everything as much as possible. So for instance, what that means is that for any DEX we aggregate with, we ask if they can provide an API on their markets that they are adding or removing. But because it's early days, not everyone has an API, so we have to do very interesting things, like if it's an open source SDK that the DEX has, we'll crawl the GitHub repo to see what markets they've added to the SDK. Whatever we can do to automate, we have done.Ben (16:39):Part of the promise that we have for Jupiter is the best token selection. So that means if there's some hot token that launches anywhere on Solana, that we've a DEX that we've integrated, we want you to be able to trade it instantly. And that's reason why any project can integrate with us. So if you integrate with us and you're a wallet and all of a sudden, some token blows up, you know that if you're using Jupiter, we've got it, and we've got the best price trades for it. There's a lot of infra work that happens on a daily basis. And again, I don't think anyone should have to replicate this work. So the goal for us to be infrastructure is that, look, you shouldn't have to worry about new tokens. You shouldn't have to worry about performance on routing or where the best price is, or what these dependencies and errors are from these DEXs.Ben (17:34):If you use Jupiter, our goal is to abstract away a lot of these things. So for you, it's just, "Okay, I want to trade this token. Give me the best route. Let me trade it." Now, we're still early. So I would say there's a lot of work to be done, again, not just on our part in our SDK, but for us as an interface to other DEXs and helping them discover what their bugs are, helping them have the right way of surfacing those errors to users in a way that makes sense to them. And then maybe giving users and integrators a choice of what kind of things that they prefer.Ben (18:15):For example, we've been learning that not everyone cares about best price. There are some people that are more like, "Look, I don't need best price. What I would like is like a route that would fail less often." So for example, Serum's liquidity being an essential limit order book is not very predictable compared to an AMM, right? So if you have tight slippage settings, as a trader, your trades may fail more often, whereas you'd really just want to make the trade. And so some folks may be like, "Well, if the best price is on Serum, I'd be okay with maybe not the best price if it's on a constant product AMM or something that I know if I do the trade, it's more likely to succeed." If you're one of those traders, we want to give you that option.Brian (19:07):Yeah, that's great. You know, you've hit on a lot here. One, just being the sheer complexity of what you guys do, given that just the exponential number of new routes that are coming online. You guys also, I believe you allow for multi hops between different routes, right? So it's not just, if I want to go SOL to USDC, I have to go find that pair. You can find an intermediary, same mSOL and then go to USDC. Is that right?Ben (19:30):Yes. So we support multi hop routes. Right now, it is up to two hops. And the benefit there is that one, if there's no direct market, you will still be able to swap between the tokens that you want in one transaction. So you don't have to do it manually in two or more. The other benefit is that it just so happens that you get the best prices by hopping through an intermediary. Because in Solana, the gas fees are so low, hopping through markets is very cheap. And a lot of markets that are either highly volatile or have some price inefficiencies allow you to route through them in order to get more token, really.Ben (20:18):Part of the complexity is actually just finding all these routes. So if you move to two hops, now the number of permutations is even more. And I would say, actually, one of the things that we're working on as a future roadmap item is actually to go beyond two hops. So more than two, say three hops. That's going to allow anyone to access even better price savings and, of course, increase the computation load. But what we're finding ways to optimize on that.Brian (20:48):So you guys have a wide range of users who are using this product. You hit a lot on the users who want the best price. This is probably your everyday retail trader like you or I who just wants to swap between different tokens. You also hit on the trader that just wants to be able to fail less. I imagine you have professional traders looking potentially to arbitrage via Jupiter. And then you also have this incredible SDK. I saw you guys recently announced you have over 42,000 downloads on this thing. Can you speak a little bit to who has been integrating these SDKs? Are these power users? Are these other dApps on Solana? And who is your kind of ideal consumer for these developer tools that you're building?Ben (21:26):So actually since that announcement, we're now at over 52,000 downloads.Brian (21:33):Two announcements on this podcast. I love it, breaking 50k.Ben (21:36):Yeah. So, you know the surprising thing, I mean, we have a lot of different folks who use us. I know of VCs who are using Jupiter to use them for arbitrage trading or playing with arbitrage trading. But the most surprising one is actually new developers, literally developers who are new to developing, and they are new to developing on Solana. And I know this because we spend a good deal of time supporting them and trying to help them out. We've lowered the bar for people who are interested in arbitrage trading. And so now it's just easier for, for folks to get more involved and actually learn to code. People are learning to code, so that's been a surprising thing to see. And there's nothing like free money really to draw people to learn to code.Brian (22:32):Right, to incentivize a new skill.Ben (22:34):Yeah. For us, we want to support anyone who wants to use Jupiter. And probably the more interesting ones are projects that have really interesting use cases. Obviously wallets are an amazing use case for us because you're at a really incredible touchpoint, a very close touchpoint with users. We're really excited about payments. I think while payments is early, it's got a huge potential. And letting anyone buy anything with any token is just super cool. And it doesn't have to be payments. It could be anything. I mentioned NFTs before, but we have a few projects that are doing stuff to make it easier to deposit into vaults. So Friktion uses us because a lot of their vaults take one type of asset, but the user may not have that asset. So why should they come to Jupiter swap, go back to that thing?Ben (23:31):By integrating us, their user gets to stay more on that site. It's fewer clicks, it's a quicker transaction. And because they're using Jupiter, and we want to make Jupiter work for our partners, we allow any partner to easily add their own sort of platform fee so that swaps can be a revenue source for them. And so actually, Friktion, I think they've done a good bit of volume just by adding Jupiter and having that as a revenue source. And there's a few others too. Like some DeFi Land was an early launch partner with us. So if you're swapping anything in their game, you're using Jupiter. We're starting to see some more interesting things come out of this.Brian (24:15):Yeah, I think this highlights two interesting things about Solana in particular. One, the composable nature, obviously. If you're doing something in Friktion with your portfolio management or you're playing a game with DeFi, it's as easy as just adding another instruction essentially, to swap into Jupiter. But then you also hit on another piece that I think doesn't get highlighted enough. This dovetails nicely with your story, that there's a lot of folks who Solana is their first experience at all in crypto, or as you highlighted, maybe ever even coding, which is, I think a really neat opportunity, bringing in new people with new perspectives on what this technology can do. It's pretty great.Ben (24:52):I really see Solana as the practical blockchain, right? It's the one that's going to be accessible for most retail users because it's cheap and fast, but also it's just got a great developer ecosystem of people building games and NFTs that are also just as accessible to the non-crypto enthusiast person. They're like, "Oh, I just want to play a cool game." Or, "I really love this NFT project," or something, "This collection." And to be able to do it with this great, fast, user experience, I feel like it's a hallmark of Solana. It's less about theoretical white papers and more about, "How can I build this great experience for someone to be able to engage with crypto in some way?"Brian (25:40):Yeah. Practical and also building something that users actually love and they enjoy using. So we've hit on a lot today. You guys are integrated across tons of different dApps. You have professional traders using you guys, VCs using you guys. Now with Phantom, we're making this super easy for anybody to swap an extension or on mobile on their phone, get the best price. What is the ultimate vision in your mind for Jupiter? Is this something that will always remain an aggregator, and is cross-chain something that would ever be on the horizon for you guys?Ben (26:13):Good question. A lot of people ask us this question. Currently, we work with some great partners to support the cross-chain use case. I'm not going to rule out cross-chain. There's definitely ways to do it. We're, I would say, a pretty lean team by choice. We just have really good people and I don't think anyone really wants to scale this into a big company with middle managers or anything. We just really like working with good people who are awesome at a lot of things and just moving fast. And because of that, the things that I think give us pause about cross-chain, at least for me, and this is something that we think about a lot is how to execute well on these things.Ben (26:56):And beyond the tech, the bigger thing to really tackle if you're going to do, cross-chain or multi-chain is how do you build a community on all these different chains, and without scaling to huge sizes? And so that's one reason why I think we work with partners, because it allows us to focus on what we do really well, and it allows us to focus and invest in the Solana ecosystem and the users and the community in Solana. We've got an amazing community, and it's because we spent time with them, and we invest in them, and try to give value to them. And I know the other ecosystems and communities on the other chains are very different. And so I don't know if we have yet a model for how to be very successful in those other chains and staying, operating the way we are currently operating.Ben (27:49):It doesn't preclude us from... It could be we figure out something, some way that really works for us and go after it. But for right now, we've got some great partners and we'd rather work with them. And that allows us to focus. I can't say this enough. I think great teams focus, because there's a lot of attractive, shiny new opportunities out there. And what would it be if we weren't relentless in our focus to give best price swaps for people, to make sure that we're always integrating to make sure that we're always improving the performance, to make sure that we're solving these issues. If we went off and chased after some shiny new thing, we really wouldn't be infrastructure. There's a lot of projects and users who depend on us. And so we want to make sure we can continue to deliver on that promise.Brian (28:38):Well, I think you guys have done an incredible job so far delivering on that promise. I know you guys are very highly respected in the Solana ecosystem, which brings us here to our final question we ask all our guests. Who is a builder that you admire in the Solana ecosystem?Ben (28:53):Besides you guys? Can I plug you guys? I mean, look, I'm going to plug you guys because, look. We're big fans of Phantom. I'll give another one, but I do want to say, I'm really personally very excited about our integration and work together. I think you guys have built by far one of the simplest and best wallet experiences out there. One reason why I'm really excited about our partnership is that I think you guys have taken that same simplicity and applied it to Jupiter and our integration, so not only do your users get the power and benefits of Jupiter's ability to get you the best priced token trades, but in a really simple interface that is very accessible for people who are not crypto natives, who don't know what slippage is, who don't know what price impact is, who, who don't know about the various DEXs or how these things work. And what they really want is just to be able to trade from one token that they have to something they heard is pretty awesome or they're really interested in.Ben (29:57):So I'm really excited personally for this integration. That said, separately, I will give a shout out to some other folks we really respect as builders. We're big fans of Friktion. I love their vibe as builders. And the new thing for me being in crypto is how important vibe is. So I don't think I've ever said that in any other industry or any other thing ever, but some of our best partners are just people that we vibe with. We get along. We share values around building. We share values and how we think about things. And it's funny to say these things here, but it makes so much sense now. And I feel one reason why I enjoy working in this space so much is that I never used to think about, do I share values with a partner?Ben (30:49):It's just more like, "Hey, is this valuable to you? Am I valuable? Are you valuable to me? Okay, let's do something." But now it's not just about are you doing something where there's mutual benefit, but do we share the same long term value? And a lot of this is mainly around, are you looking to extract value from the ecosystem? Are you looking to build value, give value to others and just build and ship? So I think Friktion is a great one.Ben (31:18):I've been also a fan of the Orca team for a long time. Also recently, we had STEPN on as an AMA and got to deep dive with Jan, one of the co-founders and have huge respect for that team and their journey as builders. For those who don't know those guys STEPN came about because they failed to raise funding. It was a bad time in the market for them, and so they had the ship. That was it. That was the answer. We can't raise money, so we got to build. We don't have enough time or resources to build a full game. Let's build this simpler thing.Brian (31:58):Yeah, the focus there.Ben (31:59):That focus and that urgency of shipping and building is great, is really, really great. And so I have huge respect for that.Brian (32:09):Well, you mentioned a bunch of great teams there. I know the feeling is mutual on Phantom's side, both between you guys and also you hit on Friktion, on STEPN, and Orca, many others as well, too many to list in this ecosystem. But yeah, the long term alignment, the focus, I think these are all great things that we believe in a hundred percent. Ben, this was a fantastic discussion. Thanks so much for coming on the show. We'd love to have you on again some time. Maybe we can check in on how the swapper's doing. In the meantime, how can people get in touch with Jupiter and how can they learn more about what you guys are building?Ben (32:38):Yeah, you can follow us on Twitter. So we're @JupiterExchange. I highly recommend anyone to join our Discord and our community there. We've got a fantastic community. You can join through discord.jup, jup.ag. Usually our community has the first look on any new announcement or any new cool thing that we have. We also are very, very responsive. The team is listening and responding all the time, both to developer and users. And a lot of the things that you see on Jupiter today came from the community, and a lot of the partnerships also came from the community. So we listen very closely and we also have good discussions with folks. And so if you get involved, you will have a very strong voice in where the future of Jupiter goes. So really encourage people to join the community.Brian (33:33):I love that. That's a great way to end it. Thanks so much, Ben.Ben (33:36):Sure. Thank you.

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Invest in cryptocurrency, NFT's, art, and now wine! Anthony talks about how he's building a company that is democratizing wine investing. Anthony Zhang  is a repeat entrepreneur who has previously founded and sold two companies, EnvoyNow and KnowYourVC. He has also held leadership positions at Blockfolio and is a board member at RateMyInvestor.   -------------------------------------- Sign up here for the EDGE's Weekly Newsletter and get BONUS content. It's FREE! -------------------------------------- Please Support this Podcast by checking out our Sponsors: Mad River Botanicals 100% certified organic CBD products. The product is controlled from seed to end product by it's owners. Use code: EDGE22 to get 10% off all your orders. Shop here>>> EPISODE LINKS: Invest in wine on VinoVest PODCAST INFO: Apple Podcasts: EDGE on Apple Podcasts  Spotify: EDGE on Spotify  RSS Feed: EDGE's RSS Feed SUPPORT & CONNECT Sign up here for the EDGE's Weekly Newsletter and get BONUS content. It's FREE! Twitter: Follow Brandon on Twitter Instagram: Follow Brandon on Instagram LinkedIn: Follow Brandon on LinkedIn *We respect your privacy and hate spam. We will not sell your information to others.

Our guest today is Anthony Zhang, co-founder and CEO of Vinovest, the first of its kind investment platform where individual investors of all kinds can own fine wine (investment grade). He dropped out of the University of Southern California at the age of 20 when he was selected for the prestigious Thiel Fellowship, a two-year program that provides entrepreneurs under 23 a $100K grant to pursue their startups. Other companies he has held leadership or board positions include RateMyInvestor, Blockfolio, JOANY & JoyRun. He is also an active angel investor (portfolio holdings listed on LinkedIn profile). In today's episode, we begin with discussing Anthony's background as a serial entrepreneur, starting with the Thiel Fellowship, his pitch to Mark Cuban, and what led him to dropping out of USC. We quickly move to the life changing accident that Anthony experienced, including his painful rehab and his incredible return to save his company. We then discuss how his interest in wine led him to starting Vinovest. Then we get into the case for investing in wine, beta exposure and how you can generate alpha buying and selling wine. We also compare investing in wine vs. whiskey, storage, and most importantly, what success will look like for a Vinovest investor (performance vs. the U.S. stock market). Last, we discuss fundraising for a startup, his heavy hitter investors and the future of his company. Our host today is Steve Curley, CFA, Co-Founder of the Investors First Podcast and former President of CFA Society Orlando. Please enjoy the episode. Follow the Investors First Podcast & CFA Society of Orlando on Twitter and LinkedIn.

Anatoly (00:09):Hey folks, this is Anatoly and you're listening to The Solana Podcast. And today I have with me Tommy and Taylor, co-founders of the PsyOptions protocol. Awesome to have you guys.Tommy (00:18):Thanks for having us.Taylor (00:19):Thanks for having us.Anatoly (00:21):Cool. So what's the origin story? How did you guys get into crypto and what made you build PsyOptions?Tommy (00:27):Crypto, it goes back to... I remember watching the Ethereum ICO, just being a broke college student, but felt we were too broke to actually throw anything into and that's a big regret, but that shaped up how we got into Solana later on. Really dove deep into everything back in 2017, right before the summer hype. And then in the summer hype, tried developing a little bit on Ethereum, doing some solidity development in the spare time, but I never jumped full time into it until PsyOptions. Taylor has a little bit of a different history with crypto.Taylor (01:03):Yeah. I've actually been full-time in crypto since late 2017, after Tommy and I shut down a previous business we started in school. We were looking for different things to do and I knew crypto had a lot of hype in 2017. I was like, "All right, this is definitely an industry I could see myself being a part of." I eventually took a job at Blockfolio and then as well as doing some freelance solidity development and then been full-time ever since.Anatoly (01:27):How did you guys meet? What was the genesis for you guys to go build PsyOptions?Tommy (01:32):Well, Taylor and I are twins, so we met a long, long time ago. We've always been hacking on ideas and stuff. And I guess, Taylor had his eye on Solana from 2018, right Taylor?Taylor (01:47):Yeah, pretty early on. I remember Multicoin writing about it. I was like, "Oh, this is actually a really sweet architecture, solves a lot of problems that we saw in Ethereum." And kept following before Mainnet beta was launched.Tommy (01:59):Yeah. And so we had been tinkering around, created a GitHub organization last summer, like the same one we're using now and just started reading the documentation. And then had a few projects we tried in the fall that never really took off. And then in October we were surfing with Tristan from FTX and he was just talking about Serum and everything that they were working on. So we knew what was in the pipeline and had that in the back of our mind. We did the first hackathon, did in place, built a trusted third party Oracle. And then after that had an issue with TradFi, trying to get API access to automate a options trading strategy, and that was what kicked it off. We were for fresh off that first hackathon, wanted a fresh idea, had our feet wet in Solana. And it was like, "Taylor, what if we just built options into the blockchain? We can get this API access built in. We have the order book already there, there's some basic infrastructure." And that was the genesis.Anatoly (02:59):That's awesome. Limited access to data was one of the reasons I started building this thing. Because I used to try to build stupid deep learning models on interactive brokers and you never have access to data. It's always even the quality is really suspects. It's like, "Do I really know that this is where things got executed? Or did they just copy and paste stuff from a database with a bunch of errors?"Tommy (03:26):Yep.Taylor (03:26):That's terrible. Yeah. If you want good data quality, you have to pay up for it. That's why Bloomberg Terminal is what 20, 25K a month. And if you're just the hobbyist or just trying stuff out, it's just not feasible to pay that much.Anatoly (03:41):Yeah. This is to me I think part of the beauty of the space right now, is that you can build up a lot of what finance is with just a bunch of hobbyist. It's like Linux. Linux in the '90s, you're competing with Microsoft, billions of dollars of engineers buildings stuff, but it's just a bunch of people over the weekend can compete. It's crazy.Tommy (04:03):Yeah. It's wild.Taylor (04:04):I think that's one of the best parts, all that coordination.Anatoly (04:07):So what are the challenges? You guys are one of the earliest I would say teams working on Solana. What have you guys seen, or what were the real painful points? What got better? What still sucks?Tommy (04:18):Oh man. All right. This first Solana season hackathon, the one that we won, we wrote everything in Solana native. I remember pinging [Armani 00:04:29] back in February saying, "Hey, I hear you're working on some framework, can I poke around? And checking out the repository." But it wasn't anywhere near complete or, I didn't dive in enough to use it for the hackathon. So now I rewrote the entire American option protocol in Anchor and it took me very little time to actually write that. So the development life cycle and just ease of getting up to speed, has improved ridiculously.Taylor (05:07):Yeah. And documentation has improved too.Anatoly (05:07):That's awesome. What is Anchor doing for you guys that Native, Rust isn't?Taylor (05:13):It's helped simplify our integration tests. So that's one thing that we try to do when we first started was, we wrote our own integration testing framework in Rust. I guess I wouldn't even call it a framework, it was pretty rough. But Anchor takes care of that. You're just writing your test in JavaScript, it's pretty easy to get up and running. And then also handling a lot of different edge cases that you wouldn't have to think about, checking account addresses and other things just to bring safety in. And it removes a lot of those headaches that, if you're just getting started and trying to hack something together, you're not really going to be thinking about.Tommy (05:48):Yeah. I think the account, de-serializing accounts, token accounts and things like that. You just have your accounts structure, passing that into the context and it de-serializes all that. The amount of little issues we had just because oh, we mis-ordered one thing in the array when we were refactoring, the accounts array, and it's like, "What the hell is going on?" And then you're trying to debug and add messages and stuff, because you're just like, "Oh man. And what is..." And then it all turns out to be a typo or you fat fingered moving one line up or, and it was... So the account structure and dealing with that is just incredibly easy. You don't have to de-serialize anything yourself.Well, anything that has a token, SPL token program or even some of the DEX infrastructure. And it makes cross program invocations a lot easier. I've been working with some teams for this hackathon, and wrote a bunch of cross program invocation examples for these teams to get up and running with PsyOptions pretty quickly. And it was just seamless for them to use our data structures and serialize it, de-serialize, because as long as we're all using the same framework, it works.Anatoly (06:56):Yeah. This was is my decision, so you can blame me, but I really didn't want to build a shitty framework. And until people started building on Solana, it was really hard to know, what do they need? I think it would've been worse if we built a bunch of code that nobody could build with, because it would've been incomplete. I'm going to say, it takes a lot of discipline to do that, versus laziness.Tommy (07:22):It makes sense to offload it on to the actual DAP developers. It's a different beast when you're programming the underlying system versus the actual just Solana runtime program. So it makes a lot of sense how Anchor came out and who really is leading it.Anatoly (07:40):Can you guys tell me what worked really well? Or what features or anything for any other Devs that when they're coming into building on Solana, what stuff actually feels like a superpower?Taylor (07:52):Well, one thing that's improved a ton is the SPL token program and how you manage the token accounts and whatnot. That's definitely something that a lot of the new developers on Solana don't have to deal with. But back then we were building into our UI the ability to have multiple accounts for the same SPL token and it was super frustrating and whatnot. So using those associated token accounts and other kind of, I guess you could call them rapper programs or things like that, that just improve the UX significantly. Understanding those and why they're there is pretty important when someone's getting started.Tommy (08:30):I think taking it a step further too, how does the associated token program work? And what's really under the hood is the program derived address. I put together some documentation for people starting to onboard to PsyOptions or related protocols. And I'm like, you need to read up all these Twitter threads, these documentations on PDAs, because there's just so many things you can do with a PDA that's very unique. You can get a mapping just to accounts, you can create a unique constraint. So for PsyOptions, there should never be... Right now, there's no reason to have more than one of the same option and the fungibility of those options are based on the expiration date, the strike price, the asset pair. And so we just have a PDA that is seated with those parameters and it creates this unique constraint.Anatoly (09:24):Oh, that's cool. So you encode the constraints as, basically hash it into the address.Tommy (09:30):Exactly.Taylor (09:30):Exactly.Anatoly (09:31):And the taker then has to satisfy those constraints to be able to take that trade.Tommy (09:36):No, not on the trade level, just on the general structure for creating the option. It's like, okay, if you want to spin up a BTC 70,000, USDC strike for the October 29th expiration, just that structure that creates that... because that's structure is the core structure of PsyOptions, the Psy American program. And that's what then controls the option TokenMint and writer TokenMint and how you dull out those option tokens. And so it's just there can never be more than one of those specific to those constraints. So it's separated from the trading concerns.Anatoly (10:14):Got it.Taylor (10:15):Yeah. I think you thinking of your stateless escrow. I thought that was a pretty cool proof of concept.Anatoly (10:21):Yeah. I wasn't sure that you guys already built... I think this idea has been around in crypto for a while, so I wouldn't be surprised if you guys use it too. But I like that idea that, because you don't want to generate infinite number of these markets, if everybody enters the same data, then it's going to spit out the same BTC month increment whatever, like May 2021 option or whatever you want.Tommy (10:47):Yeah. And we've seen it too. It's really useful to have these deterministic ways to look up an account address. So it's like, "Look, I can just check if this option market already exists by using these parameters, the PsyOptions market exists." And we also ran into some issues that we had to hack together, on the client side, because Serum doesn't have these kinds of constraints. And an adversary could come in and spin up multiple Serum markets for the same asset pair. And then when you're pulling that data from the chain on the client, it's like, "Well, which one is your UI using? Which one are these automated traders using? All that kind of stuff. How do you sync them up?"And so that was a pain point, and we had to whip together a package. But now with Serum's permission markets and some other stuff, we can now use PDAs to say, "This is deterministically how the UI is going to determine the market. Here's how everyone else should do it. These are the seeds." And then it keeps everyone in line in a more decentralized way, rather than having to have some NPM package with metadata and it's painful to maintain.Anatoly (11:54):Got it. That's cool. What actually runs the market? Is it a Serum Q, a Serum V2 or V3 Q?Tommy (12:03):Serum V3 right now, for the Americans. Yeah.Anatoly (12:05):Awesome. Man, that's super cool. How was that integration? Is that blood, sweat and tears still, or are the tooling itself around Serum getting better?Taylor (12:15):It's getting better.Tommy (12:16):Blood, sweat and tears.Taylor (12:17):Yeah, but it was definitely blood, sweat and tears. I think that's what took us the longest part in the original hackathon that we won, was doing the Serum integration. And we weren't even doing any cross program invocations to Serum at that point, it was literally just client site integration. And that was really difficult. No documentation, got to read through the source code. I think we even found some bugs in their type script package and had to patch it ourselves. So yeah, definitely blood, sweat, and tears there.Tommy (12:48):There's still room for improvement. I'm like drop in list every time as hackathon participants start asking, or users are complaining about settling funds. I'm just at a constant stream of, "Hey, we should document this and add a flow chart for that." Because all the customer surface is offloaded to the people using the Serum stuff, so we get that inflow of feedback from users and other developers building on top.Anatoly (13:12):Yeah. People don't realize how strapped every team is.Tommy (13:16):I agree.Anatoly (13:17):It's literally like three, four engineers at best to, no customer service, no nothing, just pure software, open source software. It's not like when you look at a market cap of something, you think there's a equivalent to market cap S&P 500 company with 30,000 engineers just all cranking away. Thank God it's not, honestly.Tommy (13:41):Yeah.Taylor (13:42):Yeah. It's got its ups and downs. At least you can move fast, it's not a bureaucratic process. But at the same time, customer support definitely dwindles and I think 70% of people are probably testing in production. So the end users are just going to have to deal with that and understand that's just the way things are done in crypto right now.Anatoly (14:03):I guess, how close are you guys to launch and what are the next blockers?Tommy (14:07):So we actually are on Mainnet trading with BTC and ETH markets right now. We have been live since the end of August, just with BTC and ETH for the September strike. Then we upgraded to a V2 of our American protocol with Serum permission markets, so we can eventually close those markets. And so that gives us the ability to open a bunch more. And so we're live with those, we're working with a couple other partners to get some SOL markets up pretty soon. So we'll probably announce that here.Anatoly (14:40):Awesome. What have you guys seen in terms of adoption, and how are people using it and has anyone surprised you with what they're doing?Tommy (14:49):It's tough right now from the retail side using our user interface. I think what the biggest thing that I'm excited... There's been a lot of great feedback. Options are not an easy instrument to use, managing your own positions is tough. And so we've gotten a lot of great feedback from the community and it's shaping what some of these projects that are work thing on during this hackathon. I think that's what's most interesting and surprising is these teams that are building on top and they're not user interfaces. These are protocols that are going to be managing certain strategies and rolling positions for users, and so you can have this more passive product. It's like a ribbon finance to the basic ones, where it's just selling covered calls and secured puts or things that.But there's a lot of plans, I don't want to leak their Alpha. But a lot of plans for additional products where it's more just, set it and forget it. And it has certain properties detailed out to hedge for various things, give you certain direction on volatility. And it'll make these... all these products, some more user friendly for retail, but also big institutions that are looking to hedge existing exposure.Anatoly (16:00):That sounds like you guys are building more of info level for options.Tommy (16:04):Yep.Anatoly (16:05):That's awesome.Taylor (16:06):Yeah. We chalk up the V1 American that we built as just a primitive, and as decentralize as possible. It doesn't rely on Oracles, it doesn't need pricing information. So the only dependency is the Solana runtime and SPL token program, I guess now Serum with the permission markets. But the original one had only SPL token as dependency.Tommy (16:29):Yeah. So there's capital inefficiency with the American style, because you can exercise at any time up until the expiration. So we're about to hopefully announce pretty soon, we have a European that we've architected and we're going to break ground on that and we'll crank it out pretty quickly. That will have a little bit more dependencies, but it'll be more capital efficient because it'll be auto exercised and we'll have a margining system built into it. And the American will continue on because we're going to build, I like to call it Carta for DeFi, but just a place where people... We whipped out a vesting contract the other week. And we'll be able to show people their tokens that are vesting, their options that are vesting, the ones that have currently vested and the options all in their portfolio and whether they should exercise them or not. It'd be less like trading based and more of just an interface for managing your portfolio of vesting stuff and options, so.Anatoly (17:33):That's awesome. How many engineers do you guys have?Tommy (17:38):We actually just hired another front-end guy today. So we're two full-time front-ends, and we hired another protocol developer, so we're two full-time protocol developers. Then we have a community guy and a marketing guy, and then couple of part-time and open source contributors.Anatoly (17:52):That's so small, I mean that's awesome. I feel this is the biggest thing in crypto, is how fast small teams can ship really sophisticated products.Tommy (18:04):Yeah. I think, as I've learned, the hardest thing nowadays or right now is, it's not the programming, it's the architecting the system to fit the runtime and developing the instruction set. And once you wrap your head around how that whole system works and you have your instruction set, writing the actual code is not that hard. If you actually take the time to just think and focus, and you have to have the knowledge and experience to understand that, it's pretty easy to start architecting a bunch of stuff and delegating and managing a little bit more.Taylor (18:35):The thing I will say on that though is that, the runtime changes here and there, but the changes aren't that drastic. But when you're using dependencies like Serum, Pyth, whatnot, those change a ton. And so you're seeing a ton of changes on Serum, so one week you might have architected something for Serum B3, sounds great. All of a sudden Serum updates to some new thing and that might change the optimal architecture for it. So you have to be nimble in order to just go with the flow as different protocols update, and as new versions come out and new architectures are viable.Anatoly (19:14):It's weird to think of immutable code still having dependencies. But something with Serum, you're so dependent on liquidity in those markets that if they move to V4, you have to update because you can't point to a empty market.Tommy (19:29):Yeah. We bring a lot the liquidity ourselves. Well, these are brand new markets that we spin up. It's not as much of a pain point, it's more just announcing and coordinating. But it's more of the European protocol and architecture, it depends on a lot of the stuff like... it doesn't depend heavily on the SPL token, contracts aren't represented as SPLs. And so it depends on this new architecture that they just announced, that Bonfida has been working on. So it's just interesting, you have to keep up to speed with what exists in the ecosystem, so you can constantly be like, "Is there an improvement? Can we squeeze something out of this is?"Anatoly (20:03):Is the European option, are you also planning for it to be Oracle free, or no Oracle?Tommy (20:08):No. We'll rely on an Oracle just for the exercise. We're wrapping up the architecture and probably just, we're going to develop this one totally open source from the scratch. I just put up the boiler plate repository and its open source. We're going to open source, or at least make public the architecture, so everyone can read and comment on it while we're just cranking it out in the next week and a half. So there's a Oracle dependency just on one instruction, just to actually lock in the index price, that would be for the expiration. But we don't see it being too risky of a dependency, considering it's not an instruction that has a lot going on so we can do a lot of checks. We could pull two different Oracles and reduce the potential pitfalls there.Anatoly (20:53):Yeah. This is a hard problem too. When an option is exercise it's still going to hit the Serum market to actually exercise the price?Tommy (21:03):No. So on the base layer, the European, it's just going to... essentially the architecture is locking in the price, and then users basically have to settle up the positions and collateral themselves.Anatoly (21:14):Got it.Tommy (21:14):The best way to describe this one is Deribit on chain. It's really just like P&L, not the full underlying.Anatoly (21:22):Okay. So you can actually settle in any collateral. You could have an option on SOL, but settle in wrapped ETH or whatever?Tommy (21:29):Well this one, it's actually going to be... well, it's going to settle in the currency that it's trading. So BTC, it's going to have this siloed market and account that holds all the BTC and manages the entire portfolio, margining for someone's BTC options. And so it has it's own realm of just, this is the BTC world. And everything settles in BTC, everything's traded in BTC and premiums are even in BTC, but then it just uses the USD index price to actually settle up on the strike. And then SOL would have its own world, with its own portfolio margins system. So they're not cross margined between all those at the moment.Anatoly (22:10):Got it. Is cross margining something you guys are also thinking about?Tommy (22:15):Yeah. It's one of those things where we want to just crank this out and ship fast, because it's improved from the existing architecture, for when it comes to a trading perspective. And then we'll discuss a more improved cross margining system.Anatoly (22:27):Do you think that there's a gap still in this idea that I think, what's popular on DeFi Ethereum is liquidity mining, and I just want to put my tokens and get yield? And is there a gap between that and options trading and central limit order books?Taylor (22:46):I think there's a knowledge gap. The closer you are to dealing with the primitives, the more knowledge you need to have, the more hands on you have to be in managing your positions and whatnot. So I think that reduces the addressable market or the end users that are willing to participate. And so that's why you have people building programs and tooling on up to manage the position, so it can be more passive. Because I think that's one of the biggest things that drove a ton of people to DeFi, is the passive yield, all the token incentive programs and whatnot. So I do think that there's a bit of a gap, but it's slowly being closed. And the more passive it can be, the more non crypto people or even crypto native people, but the less financially sophisticated you could say will come in and utilize DeFi.Anatoly (23:39):So you guys imagine that... or there's probably somebody already building this, where I have my token, I'm an LP, which is under the actual thing behind that position is a covered call or some other fancy strategy, iron condors or whatever, right?Tommy (23:58):Yeah. So there's a couple teams from the hackathon building that right now, actually.Anatoly (24:03):That's awesome.Tommy (24:04):That's what I'm really excited about. Because that's what we've seen is, there's decent order flow, I haven't looked at the volumes because we're just very focused on product. We know what the low hanging fruit is, so we're not focusing on the vanity metrics at the moment and not really talking about the TVL and whatnot. But it'll just increase order flow because these people can just get passive yield from covered call products, or they can hedge certain positions just by depositing tokens. And it's all going to be managing these underlying options and straddles and things like that.Anatoly (24:38):How long does it take to go from, let's say I wanted to build an iron condor or something that as a strategy, can I do that? Do you guys have examples already, reference implementations for things like that?Tommy (24:53):Are you talking as a protocol or as just a user, using the... like a client?Anatoly (24:58):As a, here's my DAP, I'll take tokens from LPs and then automatically generate the position on PsyOptions.Tommy (25:07):The hard part actually isn't to the generating the initial positions, the hard part is handling how they want to roll, if you're trying to do it over time, where they just can keep that open. So the generating the positions is super easy, placing the orders. We have examples, CPI examples in the repository for minting options, exercising, placing an order, opening a Serums open orders account, all that kind of stuff. Just been cranking out examples as people ask for them. And then, it's onto those teams to handle that really tough part of, how should we roll? There's certain concerns in there for manipulation. There's certain concerns for front running, there's certain concerns for eating through the order book and having to build your own TWAP into it and stuff like that, so.Anatoly (25:59):Yeah. Man, you guys are taking on some really tough challenges, that's cool. This is something that I wanted to get good at, trading. Trading options and deep learning into these things, but I got it to work.Taylor (26:15):Yeah. It's a full time job. That's why we try to focus on the primitive and lower layers and try to get that right. So then other teams can focus, if they're much more financially savvy or have of better trading backgrounds, can handle that. It's a full-time job to be a trader, to come up with those models, to build those positions and roll them, it takes a long time. And you constantly have to be updating them too.Anatoly (26:44):How long did you guys trade options before?Taylor (26:47):Not much. We're just retail traders. I interned at an investment bank once a while back, but to the extent of my full-time finance career, that was about it. And then we would trade options here and there, but nothing serious. And then, when we wanted to automate that option trading strategy, that would've been probably the first automated system we would've built. I don't think we built an automated option trading strategy before that.Tommy (27:15):Yeah. I would say we relate best with the retail, speculative, YOLO option users, rather than very sophisticated options traders. But it's been nice building this and winning that hackathon and getting some attention, because then those people show up. And we have some really smart TradFi people who have been around crypto, some really smart TradFi people who have never been around crypto, contributing to the thought leadership of where we should go, what's needed to get to certain structured products and things like that. And that's been super helpful because we've been early in Solana and have the engineering capabilities and knowledge to work with them of a translating their vision into a Solana architecture. And so we've just been helping as many teams as possible that have that background and can bring that knowledge. And then, that's why we're just like, "Look, we'll help you as much as we can because you're going to help us answer some of these questions that we don't know." So it's been good to fill out the team and the surrounding circles with that.Anatoly (28:23):Do you think that DeFi is something that... I always think of it as growing faster than TradFi versus replacing it. Do you think these products are good enough to compete with traditional finance, or are we just going to see more stuff being built on open finance because it's easier? I don't have to go talk to a CME to launch an option for my in-game bullets for my shooter game or something like that.Tommy (28:52):I think it will be just the fact that it's open and anyone can do it. Looking at the architecture here and designing an ideal architecture for the most capital efficiency system, it's just not really... You could do it in CeFi so much easier than you can do it in DeFi. I don't even know if it's truly possible. We're still just on the back burner trying to figure out how you could portfolio margin everything. I think a lot of teams that we've talked to are all thinking about that in the back burners. It's like, how do we margin against everything? So I think it's definitely moving faster. I think they will rival CeFi, a lot of these products, but I think they're still going to be both working hand-in-hand.Taylor (29:42):Yeah. I think both have their ups and downs. The speed that DeFi innovates because of the open source nature and things can be represented and it's all digitally native, it just makes the pace of innovation faster, also makes what you can build much faster. Like CeFi you're beholden to, not that you're not beholden to regulation in DeFi, but CeFi there's a lot more red tape. You got to jump through hoops in order to be able to launch a market or... You can't just launch your own equities exchange, it's takes tons of money and resources and whatnot. So it stifles innovation in that respect. So I think even if DeFi can't become as capital efficient as CeFi, you're still going to have more innovative products, more flexibility in what you can do with your assets, that at the end of the day, you might not need that capital efficient, high, super fast, low latency systems to do what you want to do with your assets. So I think there's a place for both. And I think DeFi is just going to continue to innovate and outpace growth in terms of TradFi.Anatoly (31:00):Well, our goal is to get that latency to be as low as physics allow, and then we're competitive.Tommy (31:10):That's why we're here.Taylor (31:10):Let's do it, man.Anatoly (31:11):Won't rest until we're building neutrino emitter detector. I just think with gaming especially, the first massive multiplayer games instantly within six months had a market for the digital items there. As soon as you get something like Star Atlas or equivalent, like World of Warcraft that's decentralized with all these assets on chain, I think the idea of options as a service, people are just going to, "Well, I got whatever... I got more gold that people want to use because this game is hot right now." People are going to definitely spin up those markets, it's just going to happen.Tommy (31:48):100%. We've been talking about game... we're gamers ourselves, and I haven't played a game since I really dove into Solana development 11, 12 months ago. But I'm hoping to get back to it once Star Atlas and Aurory and all those other... Kaiju cards, everyone starts actually launching the game play, I'll jump back to gaming. But we've been thinking about it a lot and what could be done with this American primitive, and that got us into talking to other teams and other games, just to see what's out there. And then I actually got connected with Metaplex and built out a contract that they just announced that's focused on gaming. And it all stemmed from trying to think about, these games, everyone's so early and not really thinking about how these game assets are going to plug and play into DeFi protocols and things like that. And there's still just so much work and research that needs to be done, and some infrastructure needs to be built for it all to work perfectly together.Taylor (32:42):Yeah. I think the interoperability for gaming is still... there's still going to be some rough edges there, because it's harder to build standards across games. But I think you'll have a few games come out and maybe they'll have transferability between games and whatnot, but it's going to take some time and some trial and error before we get to this on chain metaverse where you can transfer assets between different game worlds and whatnot. But I do think that is going to be one of the ultimate killer applications on blockchain.Anatoly (33:19):What are you guys excited about out of this hackathon?Tommy (33:22):Oh, for me, it's really just the stuff we've mentioned with the structured products, passive yield products, all that kind of stuff, being built on top of PysOptions. I'm very heads down on product and everything at the moment. So aside from the people that are ping me, asking me for help, I don't really know what else is being built.Anatoly (33:42):Yeah, likewise. I see NFTs being launched and then I'm deep in the trenches and optimizations. I guess that's good. It means that there's more stuff to do than you have time, so you started actually going heads down and working.Tommy (34:00):But there's a lot. The roadmap with just these teams alone, is ridiculous. We have so many products that we want to whip out on top, and hoping to launch the first few in the next week or two. And then the framework's there, it'll be a little bit easier.Taylor (34:14):Well, it's just fun to see people building on software that you've built. I'm sure you and the rest of the Solana team get excited as new projects come out and new people innovate. And I think that's one of the more fun things to do, is just sit and watch what people come up with because you can't come up with every idea yourself, so might as well open source stuff and have community run with it.Anatoly (34:33):For sure. What should we be looking out for? Do you guys have any announcements you want to leak?Tommy (34:40):Oh man. SOL options coming soon. Passive yield products that will make it extremely easy for people to get volatility exposure or generate yield. And this is yield that's not going to go away. A lot of these pools are based on rewards, and API is based on rewards and things that will dry up and aren't sustainable. But the volatility is a little bit more sustainable in a sense. Sure volatility will decrease over time, but.Anatoly (35:09):So these are like covered call strategies, basically?Tommy (35:12):The first few are the most simple covered call and secured put strategies. But then there's going to be a few other vaults coming out once these are launched, then it'll be focus on a few other vaults that have different strategies. Eventually, we started talking to some other teams like Symmetry, because we want to get a good crypto index, because then if we get liquid index options, we can create a nice volatility index for certain baskets. So that's all on the horizon. And so, you need that rolling and rebalancing and infrastructure, and that's what we've been working on the past few weeks, or other teams have been working on. And then it's formulas for just managing array of positions.Anatoly (35:57):What is your development process like? How do you guys go to build test and ship?Taylor (36:03):In terms of roadmap and how we determine what to work on, it's pretty ad hoc, things change up weekly, biweekly. But we try to run in two week sprints, at least just pick like, "Okay, what... base on user feedback, check GitHub for issues." Obviously anything that's blocking usage is number one priority. And then it's, "All right. What do we want to see built? What do our partner teams need, and how can we get them going?" I don't know Tommy, you have anything to add to that?Tommy (36:35):Yeah. Protocol development too. I'd sit and focus and start drafting up a full architecture doc with the instruction sets and potential functions that are needed, black box some stuff, just to make it a little bit easier and then put a to-do to dive in later. And then you have this whole instruction set and a general outline and framework, and you know it fits into the Solana runtime because you've made sure that the constraints are handled. And then I'll dive into running a test driven development process with Anchor, just doing full integration test. You end up writing a lot more test code, but I just find that the confidence level is so much higher. You can refactor and upgrade versions and you're just so of confident in your code when you have all those tests, so. And then, it cuts down the time from DevNet testing, where everyone just puts up a contract and then just relies on interacting it to test it. Especially when you're building a primitive, you want to have all those cases handled.Anatoly (37:36):In your use case specifically with options, what bug are the most worrisome? Is it overflow or actual logic and economic?Tommy (37:45):Probably logic and economics. The American protocol, overflow is not an issue, not really. We do all the check map of course, but it's not an issue. Maybe if we get some weird [Altcoins 00:37:58] eventually trading, then we'll have some weird issues. But I'd really just say logic, economic attacks, things like that, when we get into the capital efficient Europeans that has the margining system built into the base layer, and liquidation built in the base layer. And just always thinking about account management. You have that limitation of number of accounts you can pass in, and how to architect around that.Anatoly (38:19):So if Solana could change one thing, what would it be? Or anything, and things-Taylor (38:24):Two things.Anatoly (38:29):... two things. Finite numberTaylor (38:29):Fixed account length. If we could make it-Tommy (38:32):Oh, sure yeah.Taylor (38:33):... dynamic sized, I think that would be great.Anatoly (38:36):The length of the data.Taylor (38:37):Yeah.Anatoly (38:37):Okay.Taylor (38:38):The account data.Anatoly (38:39):That's actually... I don't know if you guys saw, but believe-re growing reallocation from the program itself or the account that it owns, I think it might be live already in 1.8.Tommy (38:49):Yeah. I saw ...Taylor (38:51):I think I saw the PR for that.Anatoly (38:52):Okay.Taylor (38:53):But that's one thing that... Sorry, but when people jump over from ETH to Solana, that's probably the biggest gotcha, that we're like, "Oh crap. I can't readjust or create a larger array, more mapping data, whatever." So that's one thing. And then also the number of accounts you can pass to an instruction [crosstalk 00:39:14].Anatoly (39:13):In a transaction. Yeah.Taylor (39:15):... open up more. Yeah.Tommy (39:17):And I think 1.8 handles a lot of these headaches, but you still, when you're trying to think, for the long term, just the limitations in general. I'm assuming they're always going to be there, the number of accounts you can pass in, can't be-Anatoly (39:32):109, the goal is to double the transaction size basically. So the number of bytes that a transaction can maximum size. That means you can double the user data or encode more, put more accounts in there. So there's always a limit because of the real time nature of the system. You're not submitting an arbitrary large transaction that then the block producer decides, "Okay, I'm going to pick this one." You're really like, "How do I write to the block right now?" And making sure that doesn't slow everything down, is a challenge. But really cool, man, you guys are shipping like crazy. It's awesome. It blows my mind that you guys were hackathon team that is now... there's teams in the hackathon building on top of PsyOptions.Tommy (40:23):I love it.Anatoly (40:24):Yeah.Tommy (40:24):I've been doing office hours, every Tuesday and Thursday, just letting people come in and ask questions because it's just nice to see people building on top. And we're going to do whatever we can to help them out and keep them there.Anatoly (40:36):That's super cool. Man, really good to catch up with you. Thank you for coming on the podcast. Is there anything you want to add for the listeners in the final bit?Tommy (40:46):Yeah. I would say, check out PsyOptions to trade your BTC and ETH right now, SOL coming soon. And then we'll be announcing an under collateralized European protocol pretty shortly, going to try and crank that out as quickly as possible.Taylor (41:00):Yeah. And get in touch. There's no shortage of projects that we can dream of and I'm sure others are too, but happy to help any team out that we can.Tommy (41:08):Yeah. And if you're a protocol too, looking to do option liquidity mining with American PsyOptions, reward contributors with options, or use the PsyOptions vesting contract, we're trying to get that. The vesting contract's a unique one, where you can delay your vest. The recipient has the option to delay their vest if the issuer grants it. So that way they can keep pumping the vesting and the potential taxable event. Not an accountant, so don't take that tax advice. Not financial advice.Anatoly (41:39):Not accounting advice, not financial advice. That's awesome.Tommy (41:42):Yeah.Taylor (41:42):No advice.Anatoly (41:44):That's super cool. Well, thank you guys.Tommy (41:46):Thank you.Taylor (41:47):Thanks for having us

In this episode, I go over the 10 crypto apps I have on my phone. The first is Bidali, the second is Swissborg, the third is FTX, and the fourth is the Trust Wallet app. The fifth is Blockfolio, the sixth is Celcius, and the seventh is Telegram. The eighth is Reddit, the ninth is CoinGecko, and the last one is the CoinATMRadar. If you want to know why I love these apps, listen until the end. Don't forget to check out my YouTube channel too. I promise you will love it (https://www.youtube.com/channel/UCqK_GSMbpiV8spgD3ZGloSw)!Disclaimer: The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial, legal or tax advice. The content of this podcast is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses a considerable risk of loss. The speaker does not guarantee any particular outcome.

LinksOBJ TwitterOBJ InstaProCampsShow PartnerThis episode is presented by FTX (formerly Blockfolio). Trade on an awesome mobile interface fee-free, and still get all the great portfolio tracking features you know and love: https://uponly.tv/ftxShow Notes*Ledger flexed OBJ guest appearance to young neighbor*And OBJ shouted him out! legendintern note – given this is crypto, worth pointing out that OBJ is maybe the best wide receiver in the worldFootball & Intro– OBJ's in training camp rn (Cleveland Browns)– When OBJ made “the catch”, it changed almost everything in his life– OBJ now playing with his best friend Jarvis Landry– They're hazing the new Auburn WRJourney into Crypto– OBJ: “The world is evolving and this is where you got to be, this is the space”– Ledge: “You have teammates that talk crypto?”– OBJ: “Yeah it's locker room talk like people always saying Bitcoin, Ethereum, Doge, all that.”– OBJ: “You gotta get with this world or get left behind”Finances– NFL money's not gonna last you a lifetime – you gotta be able to invest– Cobie: “How do you find someone u can trust with ur finances?”– OBJ: “It's family man, you know they got your back”– Pro athletes get paid so fat so early… gotta invest in order to make sure you got $ when you're old– OBJ: “You gotta inform yourself and be able to continue to catch up and learn”Athletes Paid in Bitcoin– Messi going to PSG getting paid some in Bitcoin– Trevor Lawrence talking about getting paid FULLY in Bitcoin!– Cobie: “Why do you think this is happening?”– OBJ: “Bro you gotta tell me!”– Saquon Barkley putting all his promotional money in Bitcoin– OBJ asking Ledger if he thinks u should just get paid in Bitcoin or invest in Bitcoin after getting paid?– Ledger: “You should get an FTX partnership like Tom Brady”Quick game: what's Cobie drinking?Cobie: “Classic British Cider from the west country”NFTs– Cobie: “How're NFTs perceived in the locker room?”– OBJ: “We were all wondering if we missed the wave, has it cooled off, what should we do”– Cobie: “It's popping off now”– Big crypto hedge funds just bought a ton of NFTs– OBJ (just bought a crypto punk, legend): “Am I late?”– Ledger: (in many more words) “No”– OBJ: (on NFTs) “Feel you 100%, feel like it's gotta be authentic to me. I gotta care”– Cobie: “What made you wanna get a crypto punk?”– OBJ: “The guys who were ahead of the curve were saying these are gonna be it so I gotta rock with them”FLIPPED SCRIPT OBJ ASKS THE QUESTIONS NOWOBJ: “If I gave you $1 million right now, where would you invest it?”– Ledger: “There's a lot of upside with the majors (BTC, ETH) – take half of it and put it in there”– “Take the other half and spray it out – seed investments, potential growth projects, NFTs but not just for art”– Cobie: “Alright, I would buy a bunch of Ethereum killers (Solana, Avalanche) and stake it – take 33% and put it in Ethereum and stake it (using Lido) – then NFTs and DeFi, mostly betting on teams”– Brooooo OBJ just made Ledger and Cobie spill their positions and alpha more than any other crypto native guest before– OBJ: “I still got a few questions”OBJ Q&A for Cobie & Ledger– OBJ IS RUNNING THE SHOW LETS GO– OBJ: “How much money have you made with this”– DUDE!– Cobie: “To all the agencies watching, I have finally made it to 1,000 Pounds”– OBJ: “What's the best trade you ever made?”– Cobie: “I followed this YouTube guy and made like 100x all my money in a month, into a -70%, which taught me how to really understand this space”– Cobie: “When Mt. Gox crashed this guy made an options protocol to see if the coins would come back and that was majorly inefficient”– Ledger: “This organization called Pancakeswap gave me $100 and it turned into like $8000…I had $5000 in and sold at break even. That woulda been $600k”OBJ just turned the whole podcast into a Q&A to learn and get free alpha off Cobie and LedgerFinal Questions– Cobie: “Can we do an NFT collectibles?”– OBJ: “Bro you hit me up after this” lmao lets go– Ledger: “Tell people to take it slow, don't think this is gonna blow up overnight” not a question but sound advice nonethelessFINAL ALPHA– OBJ: “There are times in life where you wanna give up… don't ever let anything deter you from your dreams or where you believe you belong in life”Notes by KevinMusic by GiovanniPickle

Greetings and welcome to episode 231 of The Entrepreneurial You podcast. Today's episode is with Anthony Zhang, co-founder of Vinovest. Vinovest is a platform that is democratizing access to fine wine investing. Anthony is a repeat entrepreneur who successfully built and sold two companies, EnvoyNow and KnowYourVC, by the age of 22. He has also held leadership positions at cryptocurrency platform, Blockfolio and is a board member at RateMyInvestor. Here is our conversation on "Getting Started in the Wine Business.” Here are three reasons why you should listen to the full episode:  Learn about Wine Investing and how it can work for you Learn about Venovest and how it could help you on your Wine Investment journey. Get professional recommendations on some of the best players in the wine market and some tips on how you can get more into wine.  Episode Highlights   Wine Investing  Wine investing is the process of buying and storing wine and then selling it as it appreciates over time. Venovest is one of the premier wine investing platforms. Vinovest goes as far as to help investors pick wines that are good for investment, store the wine, insure it, and help you to monitor the market prices and trends for you to get the best returns on your investment.    The Golden Keys to Wine Investing  Before you can start investing, there are a few things you NEED to pay attention to; Ageability - Wine with long aging ability allows investors to hold on to it for longer and make more from this investment.  Supply and Demand - The less of an available product, the higher the selling price. Therefore, Wine Investors usually look for wines that are not very popular as the remaining supply is more valuable.  Brand Value - Some wines are considered more luxurious than others, as such the prices and long-term returns will reflect that.    If a Wine investor can tap into all three of these aspects, they will see greater returns on their investment.    Investment  takes  a little time    When  Wine Investing it  will take a while for investors to see returns on their investment because:   Wine takes time to age and, the older it is the greater the returns;  Wine Investment is a stable investment, the returns may sometimes be slow but, they are sure and safe.    Before a person starts  Wine Investing they should;.  Do  Research; Make a Budget for the amount they want to invest and assess the risks; LET IT GO!  Have patience and give it time for the investment to start making its returns.    Is this Risky Business?  There is little regulation when it comes to Wine Investing therefore; investors have to look out for a few things such as: Fraud - Be careful who you buy your wine from and do not trust third parties unless you know exactly who they are. It is best to order your wine straight from the winery.  Insurance - Wine needs to be properly stored however, the change in climate and day-to-day handling of the wine can cause damage or loss so investors must have insurance and proper storage for their investment.    3 Powerful Quotes from This Episode   “There are a lot of things that you can invest in outside of the stock market.” “ The key to being able to narrow the wealth gap in the world  is for everybody to have access to the same wealth creation opportunities.”  “Wine investing is a long-term investment.”   About Anthony Zhang  Anthony Zhang is the co- founder  and CEO of Vinovest. Zhang is a repeat entrepreneur who has previously founded and sold two companies, EnvoyNow and KnowYourVC. He has also held leadership positions at Blockfolio and is a board member at RateMyInvestor. Have specific questions? You can reach out to Anthony via email at anthony@venovest.co  and follow Anthony  on LinkedIn and Twitter.   Enjoy this Podcast? Post a review and share it! If you enjoyed tuning into this podcast,

In this first episode of One brick at a time we take a look back at the past week and everything that's been going on at MyBricks. Don't forget we're giving away a total of $5000 between 10 random holders of BRICKS once we hit 3000. Buy your BRICKS on PancakeSwap today! Notes and links for everything mentioned in today's episode: CryptoGod interview - https://www.youtube.com/channel/UCwTyNdELamUnQW8oqZ66nBw BRICKS on CoinMarketCap - https://coinmarketcap.com/currencies/mybricks/ Check out Tech Alchemy - https://www.techalchemy.co/ Go upvote our coin request on Blockfolio - https://blockfolio.canny.io/coin-requests/p/mybricks-finance-bricks-httpsmybricksfinancecom Learn more about the $BRICKS token

LinksAvi Felman TwitterWebsiteShow PartnerThis episode is presented by FTX (formerly Blockfolio). Trade on an awesome mobile interface fee-free, and still get all the great portfolio tracking features you know and love: https://uponly.tv/ftxShow Notes*Cobie is coping HARD today, very hungover and may leave at any time to be sickIntro– Co-PM of BlockTower investment fund along with Ari Paul– Anything in crypto they'll touch it or flip it if it can make money– Providing access to the crypto space for investors– Cobie: “So you provide punks for institutions”– Avi: “No comment.” lmao SER WE KNOW U DOAvi Background– Worked at a bank for 6 months before realizing he needed to get out. Brought up crypto to them, they literally said in a decade..– Started out in 2017, then ran his own fund for a while, then another crypto company (check this again), then on to BlockTower– Ari trades over longer periods with conviction. Avi changes his mind every few minutes. Was hard to find a balance for such different trading approaches– Unlikely to trade meme coins over 5% of portfolio but they do trade them! Need to be willing to be flexible– Currently watching Grayscale, thinks we need premium to go positive again for BTC to go to 6 figures– Reasonable that it will go positive again, no shares created since it was locked down in March so should get pushed to at least parLearning Options– Cobie: “What learning tools or process would you recommend for learning options?”– Avi: Gap between retail and professional options traders. Not really worth it for retail to learn, but get comfortable with the idea of implied and realized volatility. Beyond that in this market there's not much needed because things are frequently mispriced– A lot of people over-estimate the effects of gamma on the options market– It exists but it takes a lot more money to move this market than most people imagine – you could buy $100M with only a few hundred dollars of slippage over an hour or two– Right now the most edge on large moves is trying to monitor option flows– Book rec: Option Volatility & Pricing by Sheldon NatenbergNFT Boom– Avi: “I'll preface this as I know very little about NFTs in general”– “This is the one area of crypto that all of my friends that aren't in crypto are hitting me up about”– Just super easy to understand– CL was right!– “I would assume that 98% of these collectibles go to zero at some point”– Cobie: “NFTs are just like DOGE coin where its a meme and people just ponzi it up”– Super illiquid but that also means they can just skyrocket– Avi: “They're probably not securities too”Complacency Bounce?– Avi: “I think they bottom has been printed”– This is a completely different set of market participants– There are $100M checks being written for crypto every week now– Avi: “From my perspective $30k will be the bottom”– “The patient buyers waiting to buy $35k will become very impatient if we don't trade there for 2 weeks”– No one knows where to park their money – Bitcoin and crypto is a great place to park your money– You wanna bet asset prices are going up and you wanna bet on the fastest horseBTC vs. Shitcoins– Ethereum is gaining market share in peoples minds– Once people are in, they start moving down the risk curveCOIN vs MSTR– People are still trying to bet directly on BTC– They (huge institutions) aren't really trying to bet on other cryptos– MSTR == BTC, so people use MSTR as equities crypto exposure– People might start to park in COIN on a longer timeline– Even based trading is the last horizon of alpha in the crypto industry– Pick 15-20 DeFi assets, read their medium posts and just play their events– Wow it really is that easyNew Retail– Retail this time got onboarded through like TikTok straight to BSC– If stuff comes back, do you think they choose value? or same as last time?– Avi wants to make sure we know – he is the most bullest bull– We are going to 144kDeFi– Avi: “I think it'll outperform a little bit”– The large caps likely won't return huge huge multiples– DeFi actually has cashflows… which is a detriment LOL– You can actually value these things, prevents mega moon pumps– There are other shitcoins which will 15-20x, DeFi just likely won't– DeFi will be a huge industry that will morph a ton in ways that we probably don't understand yet– But if you want to trade euphoria, you want to trade this market… its other assets– In the next 3-4 months, we're going to see a huge battle between a multi-chain universe and a single chain universe– THIS BATTLE SOUNDS INSANE ITS SOLANA COSMOS POLKADOT ALL THESE CHAINS VS ETH AS MASTER CHAIN LFG– Lido is something that could get stupid euphoriaFINAL ALPHA– From Ted Lasso – “Have the memory of a goldfish” lmao lfg– If something goes wrong, don't dwell on your mistakesNotes by KevinMusic by GiovanniPickle 

LinksGabriel Shapiro TwitterSarah H. Brennan TwitterMarc Goldich TwitterShow PartnerThis episode is presented by FTX (formerly Blockfolio). Trade on an awesome mobile interface fee-free, and still get all the great portfolio tracking features you know and love: https://uponly.tv/ftxShow NotesGensler Comments– Everyone is saying its incredibly important– Cobie: “Are we all gonna die or are we all gonna make it?”– Lex: “probably somewhere in the middle” FACK lol– *extremely complex jargon talk*– Cobie Summary: “So basically, maybe, they might actually do something here”– Summer 2017 very similar to summer 2021– 2017 new group of leadership coming in, ICOs very hot – same as 2021 new group of leadership coming in, DeFi very hot– ICOs were super complex for legal red tapeSome More Gensler– Gensler saying now the SEC doesn't have the man power to really go after these big DeFi projects– Shannon: “Gensler said he looks around and basically 99% of these assets are securities”– Gensler taught a course at MIT on Bitcoin/ cryptoGensler's Speech– Starts with Bitcoin thesis (Nakamoto, double spend, peer-to-peer cash, etc)– Gensler is in like the 1% of guys who fully understands the tech and isn't crazy bullish    – nerd– He's “technology neutral” – crypto is a market and all markets need regulation– His speech is unrelated to the Infrastructure Bill tryna get passed now– The tax provision is an existential threat– “Though there is a lot of hype masquerading as reality in the crypto field, Nakamoto's innovation is real”Money Laundering FUD– Said Bitcoin is basically only used as a medium of exchange when used for money laundering– Sarah: “Well like if a tired wife beats her husband to death with a mop then we're not gonna outlaw mops as a weapon of mass destruction”– Money laundering seems to have a lot of sticking power in the public legal talks even though the stats don't back this up– Marc: “Dollars are easier to use and better to use for illicit activity”– Gensler finds crypto interesting and thinks it could be a catalyst for real change– Is the right way to reduce the risk of crypto to make sure as many transactions as possible flow through intermediaries?– “crypto is mostly looked to for speculation rather than medium of exchange”– Ya cause you get taxed if you actually spend it jfc– Sarah: “Fix the tax issues there and maybe we'll see it fulfill that use case more” YES SarahUS Red Tape– *on WSB phenomenon* Cobie: “I like how when a small amount of people have info its insider trading and its wrong but when the entire world knows somethings happening and its on reddit, its like everyone knows, its outsider trading and that's wrong too” lmao– dYdX airdrop today didn't go to any US residents– Ledge: “If its worth like $20k one day I can thank the regulatory system for protecting me from that $20k”– These laws are really preventing the little guy from climbing the ladder to financial freedom– Gabriel: “The core of this tech is to help civil disobedience – to help free those living in an authoritarian regime. But the same way it protects from bad types of laws it also protects from good laws.”Centralized = Security, Decentralized = Not– Howie Test: almost all cryptos are securities because most people are betting on their price going up with a small group of central entrepreneurs building the value– Cobie: “There's not really a clear distinction between what is centralized or decentralized” (decentralized would mean not a security)– If the SEC gives a clear definition of what's centralized then people would game it, nothing would be securities and fraud would still happen– ETH not a security, Ripple is a securitySummary: Our stance on this stuff hasn't really changed, but we'll probably do some stuff now cause it seems badDeFi– Under the gun – trading platforms, lending platforms, and DeFi platforms– These platforms can implicate securities laws, along with banking laws and others– There are unregulated foreign exchanges that allow US residents using VPNs– Gensler does have a tough job cause teaching new people how to use this stuff… you're always 1 step away from getting rugged or fraud lolStablecoins– There are stablecoins that have been around for a long time– Tether, USDC name dropped– Stablecoins are embedded in the crypto ecosystem, 30% of trades– Gabriel: “I think most stablecoins are securities”– Gabriel: “I don't personally think Tether is a scam” YES Gabriel u get it– Gabriel: (paraphrased) “But if it rugged then it would likely be deemed a security”– Gabriel: “UST (open) or RAI (backed by ETH (not a security)) likely not securities”Conclusion– Money markets, DEXs, DeFi, exchanges all going to be in the sniper scope in the future– Gensler specifically mentioned SEC registration, so maybe there is a path for compliance– Tough to see how there will even be DeFi moving forward – it wouldn't be open access, it wouldn't be irreversible anymore– So what will happen?– Any front end that is controlled by a centralized party will be increasingly scrutinized– They will need to increasingly comply with regulatory regimes– Maybe: users start to actually interact with the smart contracts– People get MORE DeFi savyConsumers vs. Government– Ride sharing & Uber paved the way for consumer preference and profitability beating out entrenched products– However, Taxi unions are very different from banks– At the end of the day, banks are the ones whispering in these regulators ears– These regulations won't necessarily stop the innovation but it will stop the use of these innovations by Americans which would be a huge bummerNotes by KevinMusic by GiovanniPickle

- Oursong NFT: https://www.oursong.com/@supercforcrypto OpenSea NFT: https://opensea.io/supercforcrypto - 冷錢包專區

LinksDoug Polk TwitterUpswing WebPodcastShow PartnerThis episode is presented by FTX (formerly Blockfolio). Trade on an awesome mobile interface fee-free, and still get all the great portfolio tracking features you know and love: https://uponly.tv/ftxShow NotesFTX?- Ledger nailed new intro- UpOnly sponsored by FTX now!- Blockfolio is now FTX (as everything soon will be)- Doug was watching an MLB game and saw FTX on an umpire- So wildLEDGER DRINKS EVERY DAY- *one beer*- *has cravings if he skips his beer*- *in a weight-loss competition with Primo to lose 10% of body weight*- Doug: “That 1 beer per day is costing you 16-17 pounds per year!”Doug's Crypto Journey- 2012-2013ish- Got in because of poker - online poker caused onboarding- Doug: “the asset appreciation element kinda made sense to me” lol us too sirBitcoin v Banks- People complain about bank fees and then Bitcoin fees spike lol- Block time also kind of a hassle- Cobie: “Nowadays if an Ethereum block takes like a full minute I'm pissed”- Cobie: “Solana is fast enough and if you use it you can afford to live in New York”Zoomers & Internet Native Generation- Ledger: “How many people bought SafeMoon and bridged to BSC? Like how did they do that???”- Cobie: “We had an interview with Teen Exec and he just understands the internet way better than I do”- Also have the YouTubers who can show you step by step exactly how to buy the top- Cobie: “Every time a project comes on UpOnly its the exact top of their thesis”- Light - super bearish at the bottom- SCAM and CUMROCKET - top tick on the episode- Charlie Lee even top ticked LitecoinCoping- DOGE founder is coping so hard that he won't come back- People would easily donate like millions to this guyThe B Word Conference- Cobie: “I think Cathie Wood is fking phenomenal”- “Elon just kept talking about Tesla chargers”- Doug: “I think Jack needs to have a better idea of how Bitcoin can actually be implemented to fix these issues”- “Also Elon has a firm belief in ‘Bitcoin has to be 50% renewable' for someone who's dad was an emerald miner”- “His Bitcoin takes felt not extremely researched”- Ledger: “At some point do you stretch yourself a little too thin if you're trying to create Mars money and [xyz other stuff]”Doug's Challenge- Poker career focused on 1v1 poker- Challenged a rival troll guy who was after him to a 1v1 for $1,000,000- This guy was a major underdog- He said yes LOL- $40k buy in, any time you dropped off you bought back in with $40k- Doug won $1.2M off of this guy lol- Now they are boys- Ledger: “you had a lot of reputational tie into this as well - like if you lost it'd be like me losing to Cobie in a trading competition”- Cobie: “you've had some anthropologically bad trades that should be on wikipedia” lmaoPoker & Crypto- Is it banking the unbanked? Or math, trading, etc. stuff?- Doug: “Poker guys understand having an edge and are used to losing”- “Today 200 guys played, 15 paid, so 185 lost” fack- “Can't handle losing, can't do poker”- “Some edge/ trading aspects, some keeping your money off the books aspects… some of the poker community is DEEP in crypto”No More Poker 4 Doug- Basically turned from an art to an exact science that you need to memorize- Doug: “The reality is the guy who spent 2x the time is going to be better”- Online vs. in person is the same *at the higher levels*Doug's Journey- Just moved to Austin TX- Was part of the mass migration- Left Vegas, “I wanted something idk less stripper-ey” lol- Nashville would also be great- Doug: “The ‘Keep Austin Weird' signs need to come down like that is so far gone, its a tech hub now!”Ledger's Fame- Going to give Doug some Alabama BBQ places off air to not dox his micro location- Cobie and Doug start laughing at the exact same time- Cobie: “We have the same joke don't we”- Doug: “Ya Ledger you wouldn't want anyone driving 700 miles out to see you” lmao- Ledger got recognized 2 weeks agoScams- Doug called BitConnect like a week before it happened- Everyone knew him as the guy who called it lol- “Save The Kids Token”- Fake charity token that was somehow supposed to save the kids- FaZe & some youtube guy Sam Pepper- creepTether FUD- Doug: “I actually don't agree with any of the Tether FUD” YES DOUG- Doug: “Like pretty much people won't be happy unless they have $60 Billion in a checking account”- basedETH 2.0- If/ wen ETH2 happens, are people still rushing to send their money through MATIC? prolly not- Probably won't be a scaling benefit until sharding- Cobie - prolly rollup-centric solution to scaling when it all works outZK-Rollups- Created down only tokenomics of ZCash *disclaimer: this is FUD*- Uses security of L1 w/ cheaper scaling- Vitalik said it'd take like 5 years of optimistic rollups before ZK rollups but now looking like straight to ZK rollups- More gigabrain CobieTop Scams Ever- 1. Poker guy knew the guy in god-mode and won legit every tournament- Won like $250k- 2. Joshua Tyler - installed a trojan on Doug's computer and could see his cards- Got investigated and Doug got his money back!FINAL ALPHA- Doug: “In life, you should always bet the biggest on yourself”- “No one is going to work as hard as you or be as honest as yourself”- “When you get opportunities to bet big on yourself, take them and you'll never regret it”Notes by KevinMusic by GiovanniPickle

LinksTeenExec TwitterTeenExec TikTokShow PartnerThis episode is presented by Blockfolio. Trade on an awesome mobile interface fee-free, and still get all the great portfolio tracking features you know and love: https://uponly.tv/blockfolio Show NotesKicking it Off– Real name is Adam – 14 years old– Not taking outside noise into his trades– Just holding unless there's something really clear cut to signal a temporary sell– ALWAYS FALL BACK TO HOLDINGTrading– Cobie: “you've been selling the top and buying the bottom how are you doing this?”– Sold ETH at $3800, watched it rip to $4300 and everyone– Everyone roasting him for selling “too early” (they've been very quiet since the drop)Start of Investing– Grandfather inspired him to get into stocks at AGE 8 sheesh– Bought Amazon, Google and Liberty Global– Still holding Amazon and Google 6 years later– His grandfather got margin called a few years ago and lost a ton of money (not sure he should be saying that)– Cobie: “sounds like he might need a loan from the bank of teen executive”– At a stage now that he's almost ready to buy a house!– Has time to wait if need be, 14 y/o– Thinking an Arizona house but only for investment purposes– Landlord at 14 “All of the tenants are going to be so sad” lolllNo stress trading by Teen Exec: “If I lose it all I'm 14 I'm still good like I live at home in my parents house I'll be fine”How do you find your coins?– TE: “I just go with what people are talking about like XRP Cardano whatever it may be”– what's your favorite?– Exec: “Ethereum.” v bullish ETHCrypto Cycles?– “I care about cycles just cause I'm super impatient and don't trust myself to hold”– “My dad thinks its a ponzi scheme he wouldn't let me buy it so I had to accept it for promotions, sold some, reinvested that” LOL zero cost basis he can't lose!Technical Analysis– Started using TA about a year ago – crypto application about 6 months ago– What are the charts telling you right now?– Exec: “Inconclusive”– Fundamental analysis + TA for entry?– TE: “Yes exactly – fundamental analysis tells me if I should invest in a stock and TA tells me when I should invest in a stock” actually very good alpha thereCobie: “If I have any advice its to not listen to Ledger's advice”Teen Exec: “Thats good advice” LMAO he's electric!Exec: “UpOnly is mine now I'm taking over!”How'd you become an influencer?– “What motivates me is that making money is fun”– “I follow the money”– 10 days in I made a video called “How I Made $5000 Instead of Buying a Gucci Wallet”– was gonna buy a Gucci wallet for $500, instead bought Tesla and a year later it was $5000– I was in a state of shock on my couch watching my video go from 5,000 views to 20,000 to 30,000 views– TE: “Ya people really liked it but also really hated it” LOL “and they'd comment which really helped the algorithm”– “I'm going into high school next year and have been working on my comebacks and I know when they're good cause Ill ratio the guy”– “This one kid was making fun of me saying my videos are annoying and his parents just bought an $8 million dollar house and I said how's it feel to be a maggot living off of your parents for the rest of your life and he walked away crying”– Ledger: “You are ready for a job at Goldman” LMAOCobie: “This is like the only time the chat hasn't been toxic”College– “My parents would prob disown me if I didn't go to college”– Planning on econ at UCLA then MBA at Harvard– Not gonna go to a corporation – gonna always do his own thing– Ledger: “You'll learn more through the internet than an MBA”Heros– Mr. EXEC: “Jeff Bezos”– Cobie: “yup going big just the richest man ever” lmao– Teen Exec: “Warren Buffett”– “He's kinda like me he likes making money cause its fun not to buy nice things”– Cobie: “Mine is Mark Cuban – he lives such a baller life. Built a company, sold it, built another company, sold it, now he just owns a sports team – fun life he got his priorities right”ALPHA LEAK Cobie is 31 y/o don't know if we knew thatEver Been Recognized as Teen Exec?– Exec: “All the time every day”– “I was on on vacation and got recognized 8 times in 5 days”– “Whenever I'm at the beach with friends and stuff get recognized there”– “People try to bully me cause I'm short and do stocks but they don't realize that I wreck people”Things TE Doesn't Like– Sneaker reselling– Just very boringTeen Exec Viral Advice for Cobie & Ledge– For TikTok, the first 3 seconds are KEY– Who's gonna skip on “HERE'S HOW I'M GONNA BUY A HOUSE AT 15”Ledger's kids are 6 and below w/ 100% net worth in crypto CHADSTeen Exec Question for Cobie– “What go you into making money?”– Cobie grew up middle class with hardworking honest parents to provide for him, learned the value of money went to university with trust fund kids, motivated, then started shitcoining and now he's here!Chat Q&A (Part 1)– NFTs? “nah”– First car? “Tesla Model 3”    – Cobie: “Just get a Jaguar F type” very fresh car– Biggest lost? “the $3000 from Robinhood options”– Videogames? “nah”– Handling golddiggers? “I don't buy anybody nothing and girls don't like me so if she's out of my league and flirting I know she's a gold digger”Chat Q&A (Part 2)– School? “i'm 2 years ahead in math, 1.5 years ahead in science, everything else just honors”– Music? “i like music” – “Duke Ellington” (jazz musician from the ‘40s)– Ledger: “that fits right in with your country club vibe” LMAOBooks– “I haven't read books for fun for 5 years… my parents resent me for it”– Cobie: “I think reading intelligent authors can often be +EV”– Cobie's only advice – reading fiction is funTEEN EXECUTIVE FINAL ALPHA– “Everyone that says something negative about you 100% of the time is either jealous or unhappy with something deep in their life, so don't let it get to you”Ledger ends the show with a Canadien accent legit incredible maybe best part of the show keep doing different accents blsNotes by KevinMusic by GiovanniPickle

LinksLight TwitterShow PartnerThis episode is presented by Blockfolio. Trade on an awesome mobile interface fee-free, and still get all the great portfolio tracking features you know and love: https://uponly.tv/blockfolioFull shownotes: https://uponly.tv/?p=230Notes by KevinMusic by GiovanniPickle

LinksLoomdart TwitterCL TwittereGirl TwittereGirl webMewn TwitterShow PartnerThis episode is presented by Blockfolio. Trade on an awesome mobile interface fee-free, and still get all the great portfolio tracking features you know and love: https://uponly.tv/blockfolioNotes by KevinMusic by GiovanniPickle

LinksCred TwitterDon TwitterTech RoundupCMS Intern TwitterShow PartnerThis episode is presented by Blockfolio. Trade on an awesome mobile interface fee-free, and still get all the great portfolio tracking features you know and love: https://uponly.tv/blockfolioShow Notescmsintern Intro ⁃ Cold called Dan (@cmsholdings) for 2 minutes during a break and got grilled by Bobby (@robertjcho) for a whole 20 minutes ⁃ Started a blockchain club in college ⁃ Didn't Study memes in college despite popular lore, STEM stuff ⁃ Got liquidated in November (ONE OF US) makes < 10 trades a day now.CryptoDonAlt Intro ⁃ Brother worked in IT, told him to look into it but couldnt figure out how to buy it. Moms credit card was a gating factor here ⁃ Watched the run up to $1k in BTC & the bear market and was interested, felt expensive at $200 so bought DOGE ⁃ Held until 16/17 because he loved the community, 16-17, sold it to buy BTC and started swapping around ⁃ Became a bear on Twitter and farmed all the cloutCryptoCred Intro ⁃ Got lucky to be in crypto before 2017 and survived and now he is where he isWAGMI? ⁃ Don: Thinks we have another crash before we go up and will eventually in future make it. 24K -> 40K -> 20K -> MOON ⁃ There are still people left to panic sell even though leverage is lower. Fine buying back in higher if the market turns but doesn't feel great about it here ⁃ Cred – Asked to disagree but he doesn't, reinforces Don's points. Zoom out, trend is broken ⁃ Retail free money trades are rekt TikTok / Doge / BSV? , predatory markets BARTS! ⁃ Cred: Trend followers say lower MAs, no opportunity cost to be out of market here ⁃ cmsintern: Blind optimism and asks for more bullish sentiment ⁃ Don: Long term fine just dont want to be panic selling ⁃ Ledger: Drawing tonnes of lines seems like too many lines now ⁃ Cred: Despite all of the bad news BTC is still over 30K which means someone is buying & news effects are more muted now. Not high conviction bearish, not high conviction anything – hanging in stables, not even farming, lending, or shortCMS Alpha & Axie Infinity ⁃ cmsintern: CMS have a couple of different thesis being worked on but cant talk about them or will get fired. Believe in a future MultiChain universe ⁃ Personally waiting for the Axie fork on SOL to go all in. First report he ever did as an intern was for Joe on Axie ⁃ Don: Axie is a pretty good game compared to most other blockchain games which are terribleTrading ⁃ Ledger: Charlie Lee on UpOnly was the pico top for LTC this cycle ⁃ cmsintern: brought up TA and charting at CMS 2 weeks in and got laughed at for what he said ⁃ Cred: would not only trade charts long term, will look for fundamentals for conviction ⁃ Don: Making judgement based on what the Bitfinex whale is doing isn't going to be beneficial. People will use it to confirm their pre-existing position ⁃ Worth watching if a pump is led by spot or by futures ⁃ cmsintern: Dan says funding rates isn't part of the game, it *is* the gameThe Flippening ⁃ Don: you can make an infinite amount of alt-coins and even if you pick right even your choice can be overtaken too, it's just the way it is for emerging tech ⁃ Cred: Considering it counter-factual, what would Bitcoin need to not be doing for something to catch up, something gnarly would need to happen to BTC and that might be net negative and bring down everything else with it ⁃ Ledger: BTC has the primary network effects in crypto. POW negative narratives is maybe most likely to cause ETH to have a chance to take over. Agree with Don, BTC flip likely drags down the whole market ⁃ Don: Market is way too immature for it right now and BTC won't go to second place but maybe that changes in future, who knowsFundamentals ⁃ Cred: The decentralisation of hash-rate is long term bullish as well as the loss of less environmentally friendly miners in China ⁃ Don't be caught on the wrong side, be it up or down. Don't manage a bad position, wait for the right one and take it from a position of strengthFinal Alpha ⁃ Cred: “Conformation is for Christians”. If you wait for confirmation you have to be right, if you trade at the extremes you can be wrong and still make money or at least lose less⁃ Don: When you're making excuses for losing trades you are taking away an opportunity to grow. The only thing you should be ashamed of is saying it isn't your fault because you won't get better. Accept your mistakes and ask yourself how you can do better next time ⁃ cmsintern: Use FlipMetrics & TheDailyApe. Understand asymmetric upside and look for domains outside of crypto where you can also find thisNotes by LukeMusic by GiovanniPickle

LinksAaron Lammer TwitterExit ScamAllison Reichel TwitterTaylor Monahan TwitterMycryptoShow PartnerThis episode is presented by Blockfolio. Trade on an awesome mobile interface fee-free, and still get all the great portfolio tracking features you know and love: https://uponly.tv/blockfolioShow NotesLedger & Allison Reichel Aaron Lammer Taylor MonahanLedgerOnlyTV notesExit Scam Podcast Story⁃ Quadriga (large Canadian exchange) had a decent reputation⁃ The Quadriga wallets did not lead to any cold storage – it was a ponzi scheme ⁃ Founder Gerald Cotten goes to India and dies, holding $280M in users funds locked on his laptop⁃ Going to have to listen to Exit Scam Podcast to hear the restCrypto Market⁃ It is easy to make it in crypto by not doing anything… so it's really hard to get people to work when you don't have to do anythingMyCrypto⁃ Using an ETH wallet as a Web3 login was a wow moment⁃ In 2015 Taylor imagined everyone would use a smart contract wallet⁃ Smart contracts require a certain confidence level – Taylor thinks the billions of dollars running through them daily might be getting ahead of ourselvesTechnical Question: CEXs⁃ When you see “5 ETH in wallet” there's no wallet with your ether in it lol⁃ CEXs have a huge mush pot of everyone's coins ⁃ Why can't CEXs actually just give everyone a wallet? ETH wallets are free⁃ Kraken used to have an audit feature to checkAaron Background⁃ 2017 newb —> 2021 farming expert⁃ “It's all just plagiarized from my chats”⁃ “not a videogame person but am bullish the metaverse”Allison Background⁃ Goes to an Austrian economics school (although not an Austrian economist herself) ⁃ Writes a newsletter “Inflated Expectations”“The only way to guarantee good content is to send them to UpOnlyTV” factsIs Gerald Cotten Dead?⁃ Taylor: “idkidkidk….dead”⁃ Allison: “alive”⁃ Ledge: “alive but wife is innocent”EIP-1559 Bear Case⁃ with DeFi miners can choose which order transactions are in⁃ “ultrasound money, deflationary, number go up” feels like too much hype⁃ devs getting over-optimized where users don't need itInflation/ Deflation⁃ Narrative is always inflation is so bad⁃ Hyperinflation is a symptom of bigger problems ⁃ Crypto is almost cheering for inflation… you gotta understand:⁃ With revolutions and regime changes comes mass destruction + global financial ruin⁃ Inflation of ~2% makes people put their money to work and can sometimes be good…fackChances of Going to 0?⁃ Bitcoin: 0.0000% ⁃ Ethereum: 0.0% ⁃ All others: non-0 chanceNotes by @cmsinternMusic by GiovanniPickle

LinksJustin Sun TwitterTron NetworkShow PartnerThis episode is presented by Blockfolio. Trade on an awesome mobile interface fee-free, and still get all the great portfolio tracking features you know and love: https://uponly.tv/blockfolioShow NotesBeeple NFT Auction– Justin bought Jack's first ever tweet, was second highest bidder on Beeple's huge auction– Justin's a traditional art collector– Also believes in 10 years all of our collections will be on the internet– The gvt doesn't get it… the younger generations were raised on some of these games, this stuff is worth more to them than physical art– Justin: “A % of my net worth is in NFTs, and I'm buying more”– Jack's tweet purchase? More of a souvenir– Justin: “I think in the future there will be an internet museum with all the old relics… the tweet can go in there”Market Macros– Justin: “July and August will be much much better for market”– Cobie: “so 1 month consolidation then we resume Up Only” lolDeFi vs NFTs– Insiders like DeFi, public likes NFTs– Justin: “DeFi will be much larger”– DeFi market cap will be much bigger, but NFTs will grab headlines and stay in the news– Which crypto product is worth most? The one everyone uses– Which NFT is worth most? The one everyone has seenCrypto History– Joined in 2012– Studying Eastern Asian Studies at UPenn, wanted to join law long term– Saw NYT article on internet money– Justin: “I bought lots of XRP in the early days at like centralized decentralized exchanges”– Justin: “Early days I felt like Poloniex was a scam”– Ledge: “Now you own it” LOLTether on Tron– The vision is to send money like email, in 2 seconds you can guarantee you got the money – Everyone in crypto needs a settlement solution – stablecoin– Ledge: “Ripple's big mistake was taking crypto and going straight to legacy banks – tether was good because they got crypto native buy in then they you start to bleed into more innovative banksCrypto on Pornhub– Cobie: “So you mentioned Pornhub as your example use case for these payments… do you use crypto or do you just use your credit cards?”– Justin: “I am a Pornhub subscriber”– Crypto has brought revenue to this industry – people like the hidden aspectOther L1s– TRX is still focused mainly on usage and ecosystem adoption– ETH killer competition is important to push ETH development– BSC is leading through Binance popularity, doesn't think they took users from e.g. Uniswap– Helps the DeFi narrative to show adoption of average retailETH– Does not believe that ETH should move to POS– Thinks it should stay POW– They will lose their competitive advantage as a POW settlement layer – there are already POS settlement solutions that scale better than ETHNational Adoption– Everyone will get into crypto eventually– Governments who don't adopt or ban, lose a lot of opportunity and value just like the internet– More small countries will follow El Salvador with adoption– Countries banning crypto will run into problems in future as adoption increases*Paid $4.5M for a meal with Warren Buffet in January 2020* sheeeeshBad Investments– Most stupid thing he has spent money on was stock in an early mining company by Friedcat– Around ~1000BTC worth stock went to zero in around 9 months– Friedcat vanished in 2015– Didn't go into Titan, too risky – be cautious using new DeFi products– Cobie agrees, exit scams are happening as the market goes down, review your permissions and approvals, revoke where neededLearning Crypto– If anyone asks about crypto, Justin tells them to buy first then ask questions later– Someone will be interested in their investment and become an expert later by following news– His mother is now very involved after doing this and is sending Justin news nowJustin's Mom– Sends him crypto news after she bought in– Tries to downplay any influence, especially the wife thingUpOnly– Will Justin buy UpOnly for $200M?– He just wants to make NFTs– Cobie: “Just pay Ledger $200M for the podcast and you can make as many NFTs as you want” lolFinal Alpha– The world is more focused on the result, but you yourself need to focus on the process– Everyone else in the world is focused on how much money you make in crypto, but just focus on people who are building here and putting effort into growing this spaceNotes by @cmsinternMusic by GiovanniPickle

LinksJohn Bollinger TwitterMain SiteShow PartnerThis episode is presented by Blockfolio. Trade on an awesome mobile interface fee-free, and still get all the great portfolio tracking features you know and love: https://uponly.tv/blockfolioFull show notes

This episode covers how to earn returns from algorithmic crypto trading in sideways markets. We also review the weekly crypto news, talk about the best and worst performing investments of the last 30 days, and look at the old world of TradFi vs. the new world of DeFi. In This Week's Episode of Coinstack... The Weekly Crypto News Roundup Earning Returns from Algorithmic Trading in Sideways Markets Best & Worst Crypto Investments - Last 30 Days Introducing the Ethereum Transaction Value Model (TVM) Seven Key Crypto Stats We're Following The Old vs. The New (TradFi vs. DeFi) ================= Coinstack Newsletter - coinstack.substack.com Coinstack Telegram Channel - t.me/thecoinstack Crypto mentioned this week: Bitcoin, Ethereum, Polygon, 1INCH, Bancor, Curve, Internet Computer Protocol, Titan, Iron Finance, Uniswap, Theta Fuel, Amp, Quant, XinFin Network, Theta, Mdex, Binance Coin, BlockV, Synthetix, DigitByte, Klatyn, Qtum, Ontology, Compound, Avalanche, NEM, Polymath, Nexus Mutual, Enzyme, Celo, Stellar, Filecoin, Arweave, USDC Companies mentioned: Zignaly, Shrimpy, Messari, Glassnode, Binance, FTX, INX, Metamask, Argent, Nexo, BlockFi, Revolut, Zerion, Blockfolio, Dharma, Strike, Bitpay, Nifty Gateway, NBA Top Shots, Dapper Labs, Circle, Delphi Research

In this episode of UpOnly, Cobie & Ledger chat with the founders of Solana, Anatoly Yakovenko and Raj Gokal, discussing Solana, what makes it different from other L1s, why they think it will last, and more.LinksRAJ G◎KALANAT◎LYSolanaShow PartnerThis episode is presented by Blockfolio. Trade on an awesome mobile interface fee-free, and still get all the great portfolio tracking features you know and love: https://uponly.tv/blockfolioShow NotesMarketing Solana– It's hard to even define what Solana is in English so that normal people can understand what it is– Very strong product market fit with Solana and developers– Next step: how do you get people to understand how to custody their own assets and why that's important?Intros– Anatoly: “been an engineer most of my life, started at Qualcomm, was working on optimizing AR, was aware of crypto, started mining with GPUs not being used and pulled into crypto”– Anatoly: “had 2 coffees and 1 beer (LOL), stayed up til 4am then it hit – thermodynamics isn't only measurable, you can measure TIME”– Anatoly: “Figured out you could trustlessly encode the passage of time then I was manic for a week… then talked to Raj and it all started”– Raj: “I spent 7 years in healthcare, started a company there, then was introduced to Anatoly camping and knew it was the biggest swing I could take in my lifetime”Who's the Core Market?– We don't even know– “Solana might be the go-to network to bring finance onchain in a way that finance people get”– If we engineer and optimize well enough, Solana will be able to move as fast as news through fiber optic cables (~speed of light)– Was introduced to Sam – 4 weeks after he tried out Solana they had built Serum– Everyone thought it was dumb to even try DEXs…– “but we knew if something was gonna work with blockchain, it's probably gonna work A LOT”– Cobie: “I'd treat Solana as if it's a developer platform with the core KPI as user traction”Developer Experience– Rust (coding language) acts as a moat– If you have enough conviction in the vision, you eat glass to build it– “The kid who built synthetify built it during his finals”    – THAT's grit– C++ people do well with Rust, and tradfi devs do well with C++, so acts as a good bridgeEngineers– “at a certain point these guys don't see themselves as a “rust” engineer they see themselves as a “get shit done” engineer”– Should we support Solidity? Should we support EVM?– NAH. If you're that good then learn rust.Preventing Shit Projects– Gotta just use common sense– Lots of community review– These guys who came out of capture the flag winners, they just destroy everyone's code– Free audits on Solana! These guys check your code lolSolana Timeline– How to balance timeliness with quality?– “Shit, that's a hard question”– Our goal is through these hackathons, find coders that will code, no sleep, ship products, XYZ and just unblock their potentialHow's a Founder Raise Structured?– Need the lawyer to say anything– Cobie: “per year of lockup there is some percentage discount from the market e.g. if you lock up tokens for 4 years then you get like a 20% discount or whatever”– Your tokens are the main thing you have in your war chestIs having a central planner, even if it's a DAO, counterintuitive for crypto?– When you delegate your stake to the node you don't change custody– but the node has full control over it– With ETH, you kinda relinquish custody to LIDO– On Solana you don't have to relinquish custodySolana Community– SBF obviously huge– Bahamas test – if you went to the Bahamas, how well would the project do on its own?– Read “how to start a startup” but like how useful is that lol– I've learned you gotta ship quickly, and only focus on fires when you're steering the ship– Optimize for shipping– Very important that the way the chain works is as optimized as possible (speed, security, decentralization)– It's really hard to build tho lol– first time we booted it up it ran for like 20 min then crashed– Then next time ran for like an hour, then a week, then we were like holy shit it works hahaWhat's Broken rn– Rn we're just working on optimizations mostly– Just blood sweat and tears to make it better the core structure is good*Solana guys sent Ledger a beanbag without any fluff inside thought it was a body bag LOL*SOL hackathon– $1M of prizes and seed funding– Last one, 11 teams got funded with over $1M each tho… so the money isn't even to attract people lol– Idea is to attract developers and forces everyone to come together at the same time, listen to the same things, form teams, and grow the overall community– There's also pride, if you win you had to go through the gauntlet with everyone elseNew Crypto Categories– In 2017 everyone was publishing a white paper– None of it worked lol– Now people are actually able to ship this stuff and it works– The idea of a fully decentralized Discord that feels like web 2 is where a lot of the devs are working nowWill an Algorithmic Stablecoin Ever Work?– No…lol– Cool think about Bitcoin was getting high grade cryptography into consumer hands– If that's the most powerful peace of this, people will find a censorship resistant way to coordinate these things“What do you do?” Answer– I just say a bunch of technical words and their eyes glaze over– I tell people I work in blockchain and it will take over– When first looking for seed money, banks wouldn't give a bank account when using the word blockchain– Cobie: “I just tell people I have a trust fund” lmao– Ledge: “I tell people I work in web stuff”– Ledge: “The only thing worse than saying you work in crypto is saying you're a podcaster”– Cobie: “Only thing worse than that is saying you're a Twitch streamer” hahhahaThoughts on Bitcoin– Bitcoin good– Self-sovereign decentralized money that's a store of value could be a huge force of good in the worldOther L1s– Avalanche, Cardano, NEAR, etc– It's all good competition– It's like whatever the Lakers thing of the Warriors… in the heat they're your enemy but hanging out later they're nice guys lolFUD a Project– Safemoon– Dfinity– ETH– CardanoDogcoins– Dogcoins are winning because money is abundant, attention is scarce and memes have value for that reasonFree Alpha– Raj: “new normal. You wake up, Bitcoin is legal tender, just head down and stay on course”– Anatoly: “Don't drink to much or eat too much, work out, don't have too much caffeine. Just use some moderation”Music by GiovanniPickle

In this episode, Cobie & Ledger cover the gamut with global macro thinker and investor Raoul Pal: everything from bitcoin to the metaverse. It's a must watch.Real Vision CryptoRaoul on TwitterThis episode, like all episodes of UpOnly, is presented by Blockfolio. Make your first trade today: https://uponly.tv/blockfolio

LinksKyle Davies TwitterThree Arrows WebShow PartnerThis episode is presented by Blockfolio. Trade on an awesome mobile interface fee-free, and still get all the great portfolio tracking features you know and love: https://uponly.tv/blockfolioShow NotesChina FUD ⁃ Matty: there will be some clamp down on leverage and futures trading but spot will be fair game. It's about financial stability in China at the centre of it all, not crypto. Article: https://decrypt.co/72276/heres-how-chinas-crypto-fud-will-play-out ⁃ Sicarious: intro to crypto was during a wave of China FUD, right after his wedding, the same night there was a China ban and 50% drop. Has seen the ban so many times now it isn't scary.FloodCapital – State of the Market ⁃ Firmly in the “this is a correction” camp. We're not going into a bear market. ⁃ US are printing money to pay their debt interest. 130% debt to GDP. Needs anomaly GDP growth in order to de-lever. Going to light a fire under the bond market. Money will flow into other markets ⁃ Matty: disagree (in the strongest possible terms). US has a huge underinvestment problem for e.g. infrastructure, R&D. Yield curve implies a different position on inflation. US debt is denominated in USD which makes a big difference – rock bottom interest rates, use it.Sino Bull Thesis for $COPE ⁃ Shout out @cyrii_MM ⁃ COPE whitepaper: https://www.unlimitedcope.com/whitepaper/ ⁃ Matty: Fully backing the team, if they don't get the engine right first time they'll pivot to something amazing. ⁃ Full Thesis: https://sinoglobalcap.medium.com/why-we-invested-in-cope-8dc920caeffeVCs & Raising Money in Crypto ⁃ Cobie: If you have an awful project you can adjust the tokenomics to make it favourable to Vulture Capitalists and raise now, easy. Funds race to dump on other funds. Don't buy pre-sales! ⁃ Hate the game rather than the players as if they players stop, they will be replaced with different players. ⁃ Will see a divergence in the types of projects raising. Good projects can raise what they want with long lockups – whole team get Castles if they want. You'll be able to judge a projects quality by looking at their terms. ⁃ Matty: A lot of Crypto VCs are not actual VCs. They're not acting in a VC capacity and servicing projects for the long haul. Sino are trying to do something different. ⁃ FloodCapital: There are rare opportunities that retail can get in at similar prices to VCs, those are always worth searching for.Layer 1 Solutions ⁃ Matty: We're still extremely early, comparing BTC penetration rate with Internet penetration rates. ⁃ Bullish on ETH and the moat they have created with their developer community. ⁃ ETH is the family car. SOL is the high performance car. They can coexist and both see enormous growth, as can other projects. ⁃ Cobie: What's ADA? Matty: What's the worst car you can think of? ⁃ Ledger: What's Bitcoin? Chat says it's a Tank.What Sicarious looks for in a project? ⁃ Long term investor, if he likes a project he holds it long term e.g. One of the first investors in HXRO and still holding. ⁃ Doesn't care what the team is building as long as he can trust them. ⁃ Got into DeFi “late” so it was important to look for long term fundamentals. Even if something is up 100x it can still be a good place to enter. Has to actually read white-papers now!Bull Market? Over? ⁃ Flood: This is a mid cycle correction. ⁃ Sicarious: Hell no. Going to be taking profits this cycle compared to other cycles but items not over yet. ⁃ Cobie: Give the most likely scenarios weighting and trade on that. Just as likely that there is a 2013 style double bubble as it is that it's over. Or maybe it really is a super-cycle, and it is UpOnly (lower probability but still possible). ETH might be able to prop up the market enough for ATHs. Looks for the narrative that would upset the most people Up(set)Only. ⁃ Ledger: Looking at charts on linear and it can get very scary. Thinks there will be a new high this year especially on ETH.Final Alpha ⁃ Matty: Stop saying you don't need sleep. You need sleep. 8-10 hours of sleep, don't wreck your mental capacity. Get your sleep! ⁃ Sicarious: Don't burn bridges needlessly. Even if someone screws you over, things might be different in future and the relationship will be beneficial. ⁃ FloodCapital: Be patient and a long term thinker. It's so easy to be distracted. How much time do you spend a day thinking original thoughts? Longer term you can achieve what you want financially by growing year on year rather than needing to 100x.Music by GiovanniPickle

LinksSizeChadAubrey StrobellawmasterShow PartnerThis episode is presented by Blockfolio. Trade on an awesome mobile interface fee-free, and still get all the great portfolio tracking features you know and love: https://uponly.tv/blockfolioMusic by GiovanniPickle

In this episode, Cobie and Ledger are joined by Matthew Graham (Matty Sino), Flood Capital, and Sicarious to discuss a range of fun topics from VCs to market cycles.Joined by:@mattysino@Sicarious_@FloodCapitalThis episode is presented by Blockfolio. Try a trade there today: https://uponly.tv/blockfolio

An interview with Anthony Zhang, CEO of wine investing platform Vinovest. We discuss how to invest in wine, considerations when including it as part of your portfolio, and what amount of startup capital is needed.   At the end of the episode, I explain why I included a wine investment in the Artistic Finance 6K.   Anthony is a repeat entrepreneur and Thiel Fellow. He successfully built and sold two companies— EnvoyNow and KnowYourVC—by the age of 22. He has also held leadership positions at cryptocurrency platform Blockfolio and is a board member at RateMyInvestor.   Vinovest: https://app.vinovest.co?grsf=2p0wk3 Use our affiliate link for 3 months of fees waived.   Anthony's Twitter @anthony_j_zhang: https://twitter.com/anthony_j_zhang?lang=en   Wine Investing Explained: https://www.investopedia.com/articles/pf/08/wine-investment.asp   Bottled Up: A Wine Podcast of Sorts: https://podcasts.apple.com/ca/podcast/bottled-up/id1541879857   Bottled Up Instagram @bottled_up_podcast: https://www.instagram.com/bottled_up_podcast/   Vinfolio - Another Wine Investment Company: https://www.vinfolio.com/   WineInvestment.com / Cult Wine - Another Wine Investment Company: https://www.wineinvestment.com/   Commodities Versus Stocks - Rate of Return Comparison: https://commodity.com/blog/gold-compared/   Our case of wine is Chateau La Lagune 3Eme Cru Classe, Haut-Medoc 2009: https://www.decanter.com/wine-reviews/france/bordeaux/chateau-la-lagune-bordeaux-france-2009-1532   Working Backwards - book by Amazon executives: https://www.indiebound.org/search/book?keys=working%20backwards (This is our affiliate link for independent booksellers.)   Find out more about our Artistic Finance investments in this episode: https://www.artisticfinance.com/episode/zsaAmuJv8vulf6qc0fqq   LInks from the patron episode:   Cryptocurrency Blockchain for Wine: https://www.prnewswire.com/news-releases/wine-craft-releases-first-cryptocurrency-blockchain-for-wine-301276827.html   Open Source Cryptocurrency for Wine: https://openvino.org/   ...   Interview by Ethan Steimel   Support the show: Patreon Merch   All other resources: www.artisticfinance.com Instagram Tiktok Facebook Youtube  Twitter

In this episode, Cobie & Ledger are joined by the founders of two of the bluest of blue chip defi projects: Stani of Aave and Kain of Synthetix, along with epic investor Santiago of Parafi Capital. We go deep on all things defi.This episode is presented by Blockfolio. Make a trade there today: https://uponly.tv/blockfolio

In this episode of UpOnly, Cobie and Ledger are joined by Sam of FTX and CZ of Binance to discuss building exchanges, supporting networks, and how their approaches differ on crypto. This episode is presented by Blockfolio: https://uponly.tv/blockfolio

In this episode of UpOnly, a special panel joins Cobie and Ledger to discuss the state of the market post-dump.Presented by Blockfolio: https://uponly.tv/blockfolio

In this episode of UpOnly, Cobie and Ledger talk to diamond-handed investor Lomashuk, crowdsale investor in Eth and many other projects. https://twitter.com/Lomashukhttps://lido.fi/https://satoshi.fund/https://p2p.org Presented by Blockfolio. Trade and track your portfolio with zero fees: https://uponly.tv/blockfolio

This episode is presented by Blockfolio. Trade on an awesome mobile interface fee-free, and still get all the great portfolio tracking features you know and love: https://uponly.tv/blockfolio

In this episode of UpOnly, Cobie and Ledger talk to Meltem Demirors, crypto investor and Chief Strategy Officer of CoinShares.@melt_demCoinsharesUpOnly.tvThis episode is presented by Blockfolio. Make trades with zero fees, plus track your portfolio like you've always loved: https://uponly.tv/blockfolio

Episódio 18 do Tailgate Spread$ tá no ar trazendo o patrocínio que dará criptomoedas para Lawrence e mais algumas apostas. Como de costume fizemos nossas apostas na NBA e na MLB, mas também trouxemos o patrocínio que pegou alguns de surpresa. Trevor Lawrence, o novo quarterback do Jacksonville Jaguars fechou acordo para ser o garoto propaganda da Blockfolio e vai receber em criptomoedas.   O assunto deu papo bacana entre o nosso guru das apostas e o patrãozin, antes de abrir a nossa caixa registradora e apostar. Enfim, o podcast ficou daquele formato que gostamos, com uma prosa e algumas apostas. Então, encha sua caneca com o que quiser, acerte o fone de ouvido, dá um play no nosso 18º episódio do Tailgate Spread$ e faça sua "fézinha". Caso não queira jogar, pelo menos prometemos que você vai se divertir muito!   Apostas da semana NBA Against the spread Washington Wizards (+1,5) x Toronto Raptors Aposta (spread) de R$ 3,00 no Wizards (+1,5), retorno de 1,91 Spread Atlanta Hawks (-5,5) x Indiana Pacers Aposta (spread) de R$ 3,00 no Hawks (-5,5), retorno de 1,91 Moneyline Charlotte Hornets x Chicago Bulls Aposta (moneyline) de R$ 3,00 no Hornets, retorno de 2,20 MLB Over/Under Atlanta Braves x Nationals (9) Aposta (over/under) de R$ 3,00 no over de 9 corridas anotadas, retorno de 1,83 Moneyline Miami Marlins x Arizona Diamonbacks Aposta (moneyline) de R$ 3,00 no Marlins, retorno de 1,72

Presented by Blockfolio: https://weeklyopen.com/blockfolio

This episode of Weekly Open is presented by Blockfolio. Trade directly from one asset to another with Blockfolio, simply and with zero fees. Plus, get all the great portfolio tracking you've always loved: https://weeklyopen.com/blockfolio

This episode of Weekly Open is presented by Blockfolio. Trade directly from one asset to another with Blockfolio, simply and with zero fees. Plus, get all the great portfolio tracking you've always loved: https://weeklyopen.com/blockfolio

Weekly Open is a livestream every Monday where crypto traders talk about the week ahead in markets. Hosted by Hosted by LedgerStatus, DonAlt, Josh Olszewicz, and Luke Martin. Presented by Blockfolio. Make your first Blockfolio trade today at weeklyopen.com/blockfolio

Also: Japan's deputy PM Taro Aso urges greater blockchain cooperation. Inner Mongolia raises bitcoin mining costs. Fintech investments in S. Korea.

Anthony Zhang is the Co-Founder and CEO of Vinovest a platform where you can invest in fine wine!  He is featured on Forbes, NBC News, People Magazine and more. Anthony is a repeat entrepreneur who has previously founded and sold two companies, EnvoyNow and KnowYourVC. He has also held leadership positions at Blockfolio and is a board member at RateMyInvestor. Anthony is also a Thiel Fellow. Anthony has an amazing story, he is a college dropout, but has been an entrepreneur through his college career as he has already sold two businesses at a young age of 25. Anthony has stated that his big shift was when he skipped class one day to go see Mark Cuban and Mark Burnett- where he was actually able to pitch to them and secured a $100,000 investment for 5% equity in his company. As he continued to work on his start-up as you hear him speak on this podcast and on as an article on Medium.com describes it, "Anthony was faced with great adversity. Anthony was in an accident in a swimming pool in 2016 which left him paralyzed from the neck down. He was in the hospital for months and took some time away from his business to work on his recovery. Anthony's physical rehabilitation is a priority in his life, and he continues to work on his recovery today" (Medium.com, Matt Shaffer). That being said even as he is paralyzed from the neck down he is a WARRIOR changing up the investment space by allowing the everyday investor to invest in Fine Wine- an asset that does not have real correlation to the stock market sort of like gold (Disclaimer: neither Anthony, or I are providing any investment advice in this podcast). It is a really cool alternative investment that has an exceptional founder heading it. Anthony spends time on this podcast helping educate you on why you should keep pushing and striving through adversity. Because life will get tough, but look at Anthony he never quit, never stopped, and just continues to ADAPT! Find out more about his company at vinovest.coand make sure to follow Anthony on social media at @anthony_j_zhang and his company @vinovest_official You can also email anthony at anthony@vinovest.co Follow me for more motivation and inspiration on instagram @sameer.sawaqed @commitwithmeer and @themoreweknowpodcast

*** this is not financial or legal advice*** In this episode Matthew sits with Edward Moncada the co-founder and CEO of Blockfolio, the #1 cryptocurrency portfolio tracking and information platform servicing over 5 million users around the world. We chat about the origins of the app, how they handled the rapid growth, operations and much more. Edward is also a founding board member of the Dash foundation and a co-originator of Dash's “Governance by Blockchain” concept, the ecosystem's first fully functioning governance and treasury system. Edward holds a B.Sc. in Engineering from the University of California at Berkeley. Enjoy the show Show Links: CRYPTO101podcast.com Patreon: www.patreon.com/user?u=8429526 Twitter: twitter.com/Crypto101Pod twitter.com/BrycePaul101 twitter.com/PizzaMind www.instagram.com/crypto_101 Facebook: https://www.facebook.com/groups/101Crypto/ https://www.facebook.com/CRYPTO101Podcast/ **THIS IS NOT FINANCIAL OR LEGAL ADVICE** © Copyright 2019 Boardwalk Flock, LLC All Rights Reserved Music: https://www.youtube.com/watch?v=PzmX7JBOHI0 Addict by Peyruis https://soundcloud.com/peyruis Creative Commons — Attribution 3.0 Unported — CC BY 3.0 http://creativecommons.org/licenses/b... Music promoted by Audio Library https://youtu.be/PzmX7JBOHI0 https://www.youtube.com/watch?v=FCHHS2h-FyU Subliminal Messenges by LOWERCASE n https://soundcloud.com/lowercasen Creative Commons — Attribution 3.0 Unported— CC BY 3.0 http://creativecommons.org/licenses/b... Music promoted by Audio Library https://youtu.be/FCHHS2h-FyU • Contact the artist: http://lowercasen.bandcamp.com/ https://soundcloud.com/lowercasen • F.A.Q: How to use music https://goo.gl/zNKFGu • Main Playlists: Artists: https://www.youtube.com/channel/UCht8... Genres: https://www.youtube.com/channel/UCht8... Moods: https://www.youtube.com/channel/UCht8...Advertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy