Podcast appearances and mentions of Tushar Jain

The Solana ecosystem just completed a critical governance vote. SIMD-228, a proposal to tie Solana's inflation rate to its staking participation rate, was put forward by Multicoin Capital and Anza, but despite a majority voting in favor, it failed to meet the required supermajority to pass. Tushar Jain, co-founder and managing partner at Multicoin Capital, who co-authored the proposal, joins the show to discuss: Why he believes the proposal was necessary Whether inflation is too high for Solana's long-term health If some validators voted against their own interests The silver lining of the governance process Why a smaller proposal focused fee sharing did pass Whether Multicoin Capital will resubmit a revised proposal Visit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.com Thank you to our sponsors! BitKey: Use code UNCHAINED for 20% off Mantle Guest Tushar Jain, Co-founder and Managing Partner at Multicoin Capital Links Unchained: Proposal to Cut SOL Inflation by 80% Fails After ‘Close Call' SIMD Vote Status Kayuza's tweet  Timestamps:

The Solana ecosystem just completed a critical governance vote. SIMD-228, a proposal to tie Solana's inflation rate to its staking participation rate, was put forward by Multicoin Capital and Anza, but despite a majority voting in favor, it failed to meet the required supermajority to pass. Tushar Jain, co-founder and managing partner at Multicoin Capital, who co-authored the proposal, joins the show to discuss: Why he believes the proposal was necessary Whether inflation is too high for Solana's long-term health If some validators voted against their own interests The silver lining of the governance process Why a smaller proposal focused on fee sharing did pass Whether Multicoin Capital will resubmit a revised proposal Visit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.com Thank you to our sponsors! BitKey: Use code UNCHAINED for 20% off Mantle Guest Tushar Jain, Co-founder and Managing Partner at Multicoin Capital Links Unchained: Proposal to Cut SOL Inflation by 80% Fails After ‘Close Call' SIMD Vote Status Kayuza's tweet  Timestamps:

Gm! This week, we're joined by Tushar Jain to discuss his most recent Solana improvement proposal to reduce Solana's inflation & switch to a market based inflation rate. We deep dive into Solana's current emission schedule, how this could be improved, Solana the asset vs the network & another SIMD proposal Tushar is preparing to announce. Enjoy! Find out more about Tushar's inflaion proposal here: https://x.com/TusharJain_/status/1879942468726079773 -- Follow Tushar: https://x.com/TusharJain_ Follow Jack: https://x.com/whosknave Follow Mert: https://x.com/0xMert_ Follow Lightspeed: https://twitter.com/Lightspeedpodhq Subscribe to the Lightspeed Newsletter: https://blockworks.co/newsletter/lightspeed Utilize the Solana Dashboard by Blockworks Research: http://solana.blockworksresearch.com/ -- Ledger, the global leader in digital asset security, proudly sponsors the Lightspeed podcast. As Ledger celebrates 10 years of securing 20% of global crypto, it remains the top choice for securing your Solana assets. Buy a LEDGER™ device now and build confidently, knowing your SOL are safe. Buy now on https://shop.ledger.com/?r=1da180a5de00. -- Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ -- (00:00) Introduction (01:39) Solana's Inflation Problem (07:42) Ledger Ad (08:32) The Role Of Staking (16:46) Solana: The Asset vs The Network (20:24) Multicoin's Solana Inflation Proposal (33:17) The Role Of MEV (37:37) Risks To Reducing Inflation (47:21) Multicoin's Staking Proposal (54:53) Market Based Inflation (57:16) MEV On Solana -- Disclaimers: Lightspeed was kickstarted by a grant from the Solana Foundation. Nothing said on Lightspeed is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mert, Jack, and our guests may hold positions in the companies, funds, or projects discussed.

Tushar Jain, co-founder and Managing Partner of MultiCoin Capital, is one of the leading voices in crypto investment. In this episode, he shares his strategy for identifying high-conviction, long-term investments in blockchain projects that are shaping trillion-dollar markets. Tushar also reveals how his team navigates market downturns, when to double down on investments, and why patience is crucial in the world of crypto. This is a must-listen for anyone looking to understand what it takes to succeed as a crypto investor. In this conversation, we cover: -Tushar's approach to finding category-defining crypto projects. -The role of decentralization in the future of tech and finance. -How to identify crypto winners in a crowded market. -Why patience and conviction matter more than timing. -Lessons learned from past crypto crashes and market cycles. __________________________________ PARTNERS

Ever wondered what it's like to step away from the comfort of a steady corporate job and dive headfirst into the whirlwind of founding your own startup, where you're suddenly the one wearing all the hats? Meet Tushar Jain from India. He is the founder of Enthu.ai, a software designed to help coach sales and customer service agents, improving overall customer experiences. Tushar didn't just flip his career once—he's done it twice. First, he left his stable enterprise job to join a startup in a completely different city. Then, he took the ultimate leap and became a full-time founder of his own tech startup. His journey is all about taking risks, embracing change, and finding the non-financial rewards in entrepreneurship, like more control over his time and being able to spend quality moments with family.Episode TakeawaysTake calculated risks and change your mindset when making career transitions.Thoroughly research and validate business ideas before starting a venture.Embrace the non-financial gains of entrepreneurship, such as time flexibility and personal growth.Lean on your network and ask for help when needed.Connect with TusharLinkedIn: https://www.linkedin.com/in/tushj/Check out his company + tell them you heard about it on The Career Flipper: https://enthu.ai/ Thanks for tuning in to The Career Flipper podcast!If you loved this episode, spread the word! Share it with a friend, hit that subscribe button and don't forget to leave a review—it really helps spread the word to more career flippers like you. Let's Connect:Join the flippin' fam: thecareerflipper.comTikTok: https://www.tiktok.com@thecareerflipperInstagram: http://instagram.com/thecareerflipperpodGot a career flip story? I want to hear all about it & have you on an episode! Whether you've flipped or are about to, or right smack in the middle of a flip, drop me a line: hello@thecareerflipper.com Want to support the show? You can hire me to speak at your event about career changes or let's collaborate through affiliates or sponsorships. Interested? Reach out at hello@thecareerflipper.com Take my customer service courses, maybe? Before being laid off, I spent years in customer experience leadership, helping teams improve how they serve their customers. That work didn't stop with my corporate job—it's now helped over 12,000 students worldwide through the online courses I've built. Whether you're looking to switch to customer service or sharpen your skills, these courses are packed with real-world tips, from handling tough conversations to managing customer interactions. Check them out at thecareerflipper.com/courses! Other ways to get involved with the show:Buy me a coffeeCheck out my furniture flipsIntro & outro music by audionautix.com!

Listen to the episode on Apple Podcasts, Spotify, Pods, Fountain, Podcast Addict, Pocket Casts, Amazon Music, or on your favorite podcast platform. In this episode of Bits + Bips, hosts James Seyffart, Alex Kruger, and Joe McCann are joined by Sam Callahan of The NewsBlock to explore how macroeconomic factors and liquidity conditions are driving Bitcoin's price. They dive into the Federal Reserve's recent rate cuts, the impact of Solana's token unlocks, and why many investors are concerned about a potential liquidity crunch. Plus, the panel discusses whether Bitcoin's price is increasingly dependent on global M2 money supply, and how BlackRock's Bitcoin ETF options could impact the market.  Is Bitcoin simply a leveraged macro bet? And could Solana's unlocks cause a price squeeze?  Show highlights: Alex and Joe's takeaways from Token 2049 and Solana Breakpoint Why there's so little attention on Bitcoin at these conferences The SOL vs. ETH trade debate Why Sam thinks that the Fed cut rates to help the Treasury Whether they think inflation will persist  How China's rate cuts aim to boost its economy amidst export challenges How Bitcoin's correlation with global liquidity can break down during speculative bull runs, despite its typical sensitivity to liquidity conditions The pros and cons of the approval of Bitcoin ETF options Why fears about BlackRock and Coinbase's bitcoin holdings are unfounded, according to James Sponsors: Gemini Stellar  Hosts: James Seyffart, Research Analyst at Bloomberg Intelligence Alex Kruger, Founder of Asgard Joe McCann, Founder, CEO, and CIO of Asymmetric Guest: Sam Callahan, Current Free Agent Analyst & Scribe of the NewsBlock Sam's research post with Lyn Alden Links Coverage of Unchained on Token 2049 and Solana Breakpoint: Should the Solana Foundation Be Dissolved? Yes... and No... $1.3 Billion Market Cap BONK Caught Asymmetric Financial's Eye at $28 Million, Founder Tells Solana Breakpoint Event Bring Back ICOs, Says Multicoin Capital's Tushar Jain, Winning Agreement From Debate Adversary Qiao Wang of AllianceDAO PYTH Stakers Get Carrots and Sticks as Douro Labs Rejigs Staking Mechanism DeFi Protocol Sky, Formerly MakerDAO, to Launch on Solana Blockchain Firedancer Efforts Bring Solana a Step Closer to Leap in Processing Power, Says Jump Trading's Science Chief  Stoner-Originated Proof-of-Liquidity Network Berachain Scores a Hit at Token2049  SOL vs. ETH Unchained: SOL on Course to Flip ETH, Says Multicoin Capital's Kyle Samani Alex's tweet: “Ironically $SOLETH is barely up in 2024” Rate cuts and macro: Fed Cuts Rates for First Time Since 2020 China: Reuters: China's central bank unveils most aggressive stimulus since pandemic |  ETF options: CoinDesk: BlackRock Bitcoin ETF Options to Set Stage for GameStop-Like 'Gamma Squeeze' Rally Decrypt: SEC Hits Pause on Ethereum ETF Options Following Bitcoin Nod -  Kamala Harris: Unchained:  Kamala Harris Makes Her First Comments on Crypto Harris Commits to Prioritizing Emerging Industries Like Blockchain in Speech Timestamps: 00:00 Intro 02:55 Takeaways from Token 2049 and Solana Breakpoint 07:14 Little Bitcoin interest me at conferences 12:23 The SOL vs. ETH trade debate 17:32 Sam's view on the Fed's rate cuts 28:55 Will inflation persist? 41:14 China's rate cuts and economic boost 49:44 Bitcoin's correlation with global liquidity 1:02:43 Pros and cons of Bitcoin ETF options 1:13:23 BlackRock and Coinbase Bitcoin holdings fears Learn more about your ad choices. Visit megaphone.fm/adchoices

Listen to the episode on Apple Podcasts, Spotify, Pods, Fountain, Podcast Addict, Pocket Casts, Amazon Music, or on your favorite podcast platform. In this episode of Bits + Bips, hosts James Seyffart, Alex Kruger, and Joe McCann are joined by Sam Callahan of The NewsBlock to explore how macroeconomic factors and liquidity conditions are driving Bitcoin's price. They dive into the Federal Reserve's recent rate cuts, the impact of Solana's token unlocks, and why many investors are concerned about a potential liquidity crunch. Plus, the panel discusses whether Bitcoin's price is increasingly dependent on global M2 money supply, and how BlackRock's Bitcoin ETF options could impact the market.  Is Bitcoin simply a leveraged macro bet? And could Solana's unlocks cause a price squeeze?  Show highlights: Alex and Joe's takeaways from Token 2049 and Solana Breakpoint Why there's so little attention on Bitcoin at these conferences The SOL vs. ETH trade debate Why Sam thinks that the Fed cut rates to help the Treasury Whether they think inflation will persist  How China's rate cuts aim to boost its economy amidst export challenges How Bitcoin's correlation with global liquidity can break down during speculative bull runs, despite its typical sensitivity to liquidity conditions The pros and cons of the approval of Bitcoin ETF options Why fears about BlackRock and Coinbase's bitcoin holdings are unfounded, according to James Sponsors: Gemini Stellar  Hosts: James Seyffart, Research Analyst at Bloomberg Intelligence Alex Kruger, Founder of Asgard Joe McCann, Founder, CEO, and CIO of Asymmetric Guest: Sam Callahan, Current Free Agent Analyst & Scribe of the NewsBlock Sam's research post with Lyn Alden Links Coverage of Unchained on Token 2049 and Solana Breakpoint: Should the Solana Foundation Be Dissolved? Yes... and No... $1.3 Billion Market Cap BONK Caught Asymmetric Financial's Eye at $28 Million, Founder Tells Solana Breakpoint Event Bring Back ICOs, Says Multicoin Capital's Tushar Jain, Winning Agreement From Debate Adversary Qiao Wang of AllianceDAO PYTH Stakers Get Carrots and Sticks as Douro Labs Rejigs Staking Mechanism DeFi Protocol Sky, Formerly MakerDAO, to Launch on Solana Blockchain Firedancer Efforts Bring Solana a Step Closer to Leap in Processing Power, Says Jump Trading's Science Chief  Stoner-Originated Proof-of-Liquidity Network Berachain Scores a Hit at Token2049  SOL vs. ETH Unchained: SOL on Course to Flip ETH, Says Multicoin Capital's Kyle Samani Alex's tweet: “Ironically $SOLETH is barely up in 2024” Rate cuts and macro: Fed Cuts Rates for First Time Since 2020 China: Reuters: China's central bank unveils most aggressive stimulus since pandemic |  ETF options: CoinDesk: BlackRock Bitcoin ETF Options to Set Stage for GameStop-Like 'Gamma Squeeze' Rally Decrypt: SEC Hits Pause on Ethereum ETF Options Following Bitcoin Nod -  Kamala Harris: Unchained:  Kamala Harris Makes Her First Comments on Crypto Harris Commits to Prioritizing Emerging Industries Like Blockchain in Speech Timestamps: 00:00 Intro 02:55 Takeaways from Token 2049 and Solana Breakpoint 07:14 Little Bitcoin interest me at conferences 12:23 The SOL vs. ETH trade debate 17:32 Sam's view on the Fed's rate cuts 28:55 Will inflation persist? 41:14 China's rate cuts and economic boost 49:44 Bitcoin's correlation with global liquidity 1:02:43 Pros and cons of Bitcoin ETF options 1:13:23 BlackRock and Coinbase Bitcoin holdings fears Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode, Ray Hindi of L1 Digital and Tushar Jain of MultiCoin Capital share their thoughts on the evolving landscape of crypto fund management. They discuss the shift from venture to liquid investments, the challenges of timing market cycles, and the importance of maintaining a clear investment edge. The conversation delves into the changing dynamics of token launches, the potential impact of political outcomes on the crypto industry, and valuable advice for emerging fund managers. This episode provides a comprehensive look at the current state and future prospects of crypto fund - - Follow Ray: https://x.com/HindiRay Follow Tushar: https://x.com/TusharJain_ Follow Jason: https://twitter.com/JasonYanowitz Follow Santiago: https://twitter.com/santiagoroel Follow Empire: https://twitter.com/theempirepod Subscribe on YouTube: https://tinyurl.com/4fdhhb2j Subscribe on Apple: https://tinyurl.com/mv4frfv7 Subscribe on Spotify: https://tinyurl.com/wbaypprw Start your day with crypto news, analysis and data from Katherine Ross and David Canellis. Subscribe to the Empire newsletter: https://blockworks.co/newsletter/empire?utm_source=podcasts Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ - - The 6th edition of Meridian, a web3 conference hosted by the Stellar Development Foundation is happening in London, England October 15-17, 2024. Learn more and get your early-bird priced tickets now at meridian.stellar.org by using the code BLOCKWORKSPOD. - - Avalanche is a smart contracts platform that scales infinitely and regularly finalizes transactions in less than one second. Its novel consensus protocol, Subnet infrastructure, and HyperSDK toolkit enable Web3 developers to easily launch powerful, custom blockchain solutions. Build anything you want, any way you want, on the eco-friendly blockchain designed for Web3 devs. Start building today at https://www.avax.network/ - - Harpie sets the standard in on-chain security, actively monitoring and safeguarding your crypto wallet against theft in real time. It detects, blocks, and recovers stolen assets from risky transactions before they execute, shielding you from even the most advanced hacks and scams. Harpie is free to use and compatible with all Ethereum, Base, Polygon, and Arbitrum wallets. Protect your crypto today at harpie.io. - - Step into MyPrize—the online multiplayer casino that lets you battle your friends and play alongside creators. On MyPrize, you're invited to get rowdy and share every victory and defeat with your pals. Because we know the only thing more fun than beating the house is beating your friends. Get started with $20 free when you deposit or purchase of $10 or more: https://myprize.com/invite/Empire - - Timestamps (00:00) Introduction (02:14) State of Raising Ecosystem (16:54) Crypto Venture Evolution (29:18) Liquid Market Edge (37:45) Staller Ad (38:35) MyPrize Ad (39:11) Ava labs ad (40:09) Harpie Ad (41:02) Liquid vs Venture Difference (54:37) Token Launch Meta Shift (59:22) Fund Specialization (01:05:21) Liquid Investment Timing (01:12:54) The Rise of Apps (01:18:12) Where are we in this C ycle? (01:23:27) Impact of Trump or Biden Victory (01:28:45) Advice to Fund Managers - - Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.

Our conversation with Tushar, Cofounder and Managing Partner at Multicoin, is a refreshing change-of-pace from our usual set of topics. We talk about why crypto even needs to exist in the first place and what types of applications benefit most from the advent of permissionless digital assets. We also learn about how Tushar spots opportunities in the market from the perspective of an investor and what areas he's most excited for in the near-term. -        - Time Stamps (0:00) - Why crypto matters (9:45) - Defi's Endgame (13:57) - What doesn't need a blockchain (19:12) - DePIN's superpower (26:42) - Long-term L1 staking (33:23) - Will MEV be accepted by regulators (38:49) - Blast controversy (45:15) - How does Eth accrue value in a rollup world (49:52) - How to be early to investments (51:59) - Which narratives could lead next bull market (54:50) - Web 3 defensibility (59:05) - Could ICOs ever re-emerge? (1:00:28) - Secret to being a good founder -        - Podcast Resources Follow Sal: https://twitter.com/salxyz Follow Dave: https://twitter.com/SolBeachBum Follow Unlayered: https://twitter.com/UnlayeredPod Subscribe on Spotify, Apple, or Google: https://unlayered.io/ Subscribe on YouTube: https://www.youtube.com/@UnlayeredPod -        - Episode Resources Follow Tushar : https://twitter.com/TusharJain_

In this week edition of the Coinbase Institutional podcast, we sit down with Tushar Jain, Managing Partner at Multicoin Capital, for an in-depth discussion on Solana and insights from the recent Breakpoint conference. Tushar, with his intimate knowledge of Solana, unpacks the event's major highlights, including the buzz around Firedancer, Solana's ventures into payment solutions with heavyweights like Visa, and the innovative DePin projects. The conversation navigates through the frameworks Tushar uses when valuing Layer 1 protocols, focusing on the metrics he finds most important, while also contrasting integrated and modular blockchain infrastructure. Tushar also shares his perspective on the lingering FTX overhang of SOL tokens affecting the market. Also covered - Basis and funding - Macro - Web3 This episode is an essential listen for anyone looking to comprehend the current dynamics of shaping Solana's ecosystem. Like, subscribe, and reach out to the Coinbase Institutional team for deeper insights and analysis. Host: Ben Floyd, Head of Execution Services Panel: Tushar Jain, Managing Partner at Multicoin Capital David Duong, Head of Institutional Research Greg Sutton, Senior CES Sales Trader Sid Shekhar, Blockchain Research Manager Josh Pak, CES Sales Trader

Tushar Jain joins us to discuss how he identifies crypto applications that both create AND Tushar Jain joins us to discuss how he identifies crypto applications that create AND capture value. Tushar co-founded Multicoin Capital and is one of the most prolific investors in the space, known for his contrarian [and often correct] theses. In this episode, we cover Solana's rise from the ashes, how L1s accrue value, what crypto metrics matter, Solana's consumer chain narrative, the DePIN opportunity and more! - - Join us at DAS (Digital Asset Summit) in London this March! DAS is the #1 institutional conference in crypto, hosted by Blockworks. Use the link below to learn more, and use LIGHTSPEED20 to get 20% off your ticket! Sign up now because the price goes up every month. See you there! Learn more + get your ticket here: https://blockworks.co/event/digital-asset-summit-2024-london/home - - Timestamps (00:00) Introduction (01:31) The Solana Thesis (06:37) Internet Native Money and L1 Value Accrual  (12:28) Qualities of an Investable Application  (18:45) DePIN and New Methods of Token Distribution  (25:14) Why TVL is a Harmful Metric  (28:44) Solana's Consumer Chain Narrative  (32:09) DAS London Plug  (33:18) Metrics That Matter  (44:07) Solana's Decentralization  (47:41) Bitcoin's Problem  (55:00) Attention is Everything  (57:42) What's Your North Star? (59:51) Rapid Fire - - Follow Tushar: https://twitter.com/TusharJain_ Follow Mert: https://twitter.com/0xMert_ Follow Garrett: https://twitter.com/GarrettHarper_ Follow Lightspeed: https://twitter.com/Lightspeedpodhq Subscribe on YouTube: https://bit.ly/43o3Syk Subscribe on Apple: https://apple.co/3OhiXgV Subscribe on Spotify: https://spoti.fi/3OkF7PD Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ - - Resources Multicoin https://multicoin.capital/ Multicoin Summit 2023 Videos https://multicoin.capital/2023/10/06/discussions-from-the-2023-multicoin-summit/ The Techn-Optimist Manifesto https://a16z.com/the-techno-optimist-manifesto/ - -  Disclaimers: Although our guests this week are managing partners of a registered investment adviser, nothing in this podcast should be considered an offer of Multicoin's investment advisory services or should otherwise be confused for investment, tax, legal or other financial advice. Lightspeed was kickstarted by a grant from the Solana Foundation. Nothing said on Lightspeed is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mert, Garrett and our guests may hold positions in the companies, funds, or projects discussed.

Tushar Jain is Co-Founder of Multicoin Tushar's Twitter: @TusharJain_ Multicoin's Twitter: @multicoincap Multicoin's Website: https://multicoin.capital/ 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.

Although our guests this week are managing partners of a registered investment adviser, nothing in this podcast is investment, tax, legal or other financial advice. In this episode of Empire, Kyle Samani and Tushar Jain of Multicoin join us in their first public discussion since the fall of FTX and Solana's crash. We start with a detailed discussion about Multicoin's relationship with SBF and FTX: how they met, their views on SBF, watching the blow-up and the implications for Multicoin's fund. Kyle and Tushar then explain why they are still betting big on Solana, why most funds don't earn excess returns, how L2s offer false security, why defi isn't ready yet, prioritizing speed of security and more! Prediction: This will be the best episode of 2023. - - Timestamps: (00:00) Intro (01:37) SBF and FTX Backstory (15:48) Multicoin's Solana Bet (23:04) Quicknode (24:51) Synthetix (26:34) Conviction, Sizing and Earning Excess Returns (33:43) The Intersection of AI and Crypto (42:15) Why DeFi Isn't Ready (45:50) Decentralized Sequencers and the EVM (52:51) Poritizing Speed and L2 [False] Security (01:01:33) Multicoin's Bet on Filecoin (01:08:47) BTC and the SoV Use Case - - Follow Kyle: https://twitter.com/KyleSamani Follow Tushar: https://twitter.com/TusharJain_ Follow Jason: https://twitter.com/JasonYanowitz Follow Santi: https://twitter.com/santiagoroel Follow Empire: https://twitter.com/theempirepod Subscribe on YouTube: https://tinyurl.com/4fdhhb2j Subscribe on Apple: https://tinyurl.com/mv4frfv7 Subscribe on Spotify: https://tinyurl.com/wbaypprw Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/  - - This episode is brought to you by Quicknode. QuickNode is an end-to-end blockchain developer platform that makes building Web3 apps easy. Go to QuickNode.com and use code Empire for a free month on their feature-packed Build Plan! - - This episode is brought to you by Synthetix. Synthetix Perps is the most efficient decentralized perpetual futures engine, with 5/10 bp fees and up to 25x leverage. With a growing list of over 20 tradable markets, Synthetix Perps are available on Optimism via Kwenta.io and Polynomial.fi, with more coming soon! As a permissionless liquidity layer, Synthetix makes it easy for any protocol to integrate perps and earn 5%-10% of trade fees. - - Resources Multicoin Capital https://multicoin.capital/ https://twitter.com/MulticoinCap - -  Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.

Tushar Jain is the co-founder and Managing Partner at Multicoin Capital, which is one of the largest and most established crypto-focused investment firms in the world. The firm manages billions in assets across liquid and illiquid strategies in the crypto markets, and is known for its high-conviction, thesis-driven investing.Tushar discusses his background and journey into the blockchain space, the state of crypto and the recent downturns. Then, he dives into Multicoin's early investment in Solana, Proof of Physical Work, tokenization and real-world blockchain applications.——————————————————————Watch this video on YouTube: https://www.youtube.com/c/SALTTube/videosFor podcast transcripts and show notes, visit https://www.salt.org/Moderated by Anthony Scaramucci. Developed, created and produced by SALT Venture Group, LLC.

In this episode of Bell Curve, Jason and Mike are joined by Tushar Jain from Multicoin Capital to discuss how fixed-rate lending, interest rate swaps and financial derivatives could be the catalyst for the next DeFi bull market. We also explore the limits of undercollateralized lending, DAO capital markets, new token distribution models and more! - - Timestamps (00:00) Intro (04:32) Interest rate swaps & fixed rate demand (15:01) Undercollateralized lending & DAO capital markets (21:20) Yield Curves, perps, and dated futures (30:35) New token distribution mechanisms (37:02) Proof of Useful Work (42:46) Solana Phone (46:34) Will debt markets catalyze the next bull? (50:05) Protocol-specific stablecoins (52:47) Post interview: takeaways - - Follow Tushar: https://twitter.com/TusharJain_ Follow Mike: https://twitter.com/MikeIppolito_ Follow Jason: https://twitter.com/JasonYanowitz Follow Bell Curve: https://twitter.com/thebellcurvepod Subscribe on YouTube: https://bit.ly/3R1D1D9 Subscribe on Apple: https://apple.co/3pQTfmD Subscribe on Spotify: https://spoti.fi/3cpKZXH - - Resources: Multicoin article on DeFi interest rate markets https://multicoin.capital/2021/10/06/exploring-the-opportunity-for-defi-interest-rate-markets/ Multicoin article on proof of physical work https://multicoin.capital/2022/04/05/proof-of-physical-work/ - - Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, and our guests may hold positions in the companies, funds, or projects discussed.

Tushar Jain (@TusharJain_), co-founder and managing partner of Multicoin Capital, joins Erik on this episode to discuss:- The history of crypto over the last several years and the various moments that different technologies like Bitcoin, NFTs, tokens, and others have had.- What the world looks like if the predictions for crypto's impact comes true.- Why Tushar thinks that Ethereum has gone past the point of diminishing returns to decentralization.- Why it's so hard to predict which chains will win.- How crypto can help coordinate millions of people to accomplish big projects.- What we've learned about stablecoins in the last few years.- Why this is a “golden era of investing in crypto” and why we're at a place that is equivalent to mobile in 2012.Thanks for listening — if you like what you hear, please review us on your favorite podcast platform.Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal.Want to get updates from us? Subscribe to get a peek inside the Village. We'll send you reading recommendations, exclusive event invites, and commentary on the latest happenings in Silicon Valley. www.villageglobal.vc/signup

Helium DAO (HIP 51) is a proposal for a new, more flexible architecture to enable the Helium network's future growth. HIP 52-53 are the proposals for the IoT and Mobile subDAOs that fit under this umbrella.In this episode, the authors of HIP 51, James Fayal, Abhay Kumar, and Tushar Jain, as well as Nova Labs CEO Amir Haleem, join for a live discussion to answer the community's questions about these wide-reaching improvements.For an intro to HIP 51-53, check out this Twitter space recording: https://twitter.com/helium/status/1524408694829551617More episodes of The Hotspot are available on your favorite podcast app: https://link.chtbl.com/thehotspot?sid=youtubeHosted by Arman Dezfuli-ArjomandiResources:Learn more about Helium: https://www.helium.com/Follow me: https://twitter.com/rawrmaanFollow Amir: https://twitter.com/amirhaleemFollow Abhay: https://twitter.com/abhayFollow Tushar: https://twitter.com/TusharJain_Follow James: https://twitter.com/JMFayalFollow Nova Labs: https://twitter.com/novalabs_Follow Helium: https://twitter.com/heliumIntro song: Lakey Inspired - Arcade

Guests:Ed Felten (twitter.com/edfelten)Tushar Jain (twitter.com/TusharJain_)Host:Richard Yan (twitter.com/gentso09)Today's motion is “We should always reduce MEV on blockchains."Generally speaking, MEV or Miner Extractable Value is a way for miners to derive additional revenue by executing transactions based on information in the mem pool. For instance, say a miner notices a transaction in the mem pool waiting to be included in a block. Maybe this is a transaction to buy up some cheap Ethereum. The miner can execute that purchase themselves, at the expense of the trader that placed the original order. And of course, this means value got extracted by the miner, transferred from the original trader. This behavior pattern, of course, applies to both miners and validators. Or to all block producers, to be generic.The question is, is MEV an inevitability of blockchain systems? Are there ways to reduce it? Are our resources better spent creating systems that reduce as much MEV as possible, or should we acknowledge their existence and try to distribute that MEV more fairly, or at least transparently?Our two guests today include a layer-2 founder and a VC well-versed in this area. It will be a great discussion.If you're into crypto and like to hear two sides of the story, be sure to also check out our previous episodes. We've featured some of the best known thinkers in the crypto space.If you would like to debate or want to nominate someone, please DM me at @blockdebate on Twitter.Please note that nothing in our podcast should be construed as financial advice.Source of select items discussed in the debate (and supplemental material):https://pdaian.com/blog/mev-wat-do/https://multicoin.capital/2021/09/08/tokenizing-mev/https://medium.com/offchainlabs/meva-what-is-it-good-for-de8a96c0e67chttps://docs.flashbots.net/flashbots-protect/overviewGuest bios:Ed Felten is co-founder and chief scientist at Offchain Labs, the inventor of Arbitrum, a layer-2 scaling solution for Ethereum. He was previously a professor of Computer Science at Princeton, and before that the Chief Technologist for the Federal Trade Commission as well as Deputy U.S. Chief Technology Officer at the White House.Tushar Jain is co-founder and Managing Partner of Multicoin Capital, one of the most successful crypto funds in the last cycle.

Multicoin Capital is a thesis-driven investment firm that invests in the crypto space. They manage a hedge fund and a venture fund, investing across both public and private markets. Since their founding in 2017, they have become known for their high returns.We were joined by founders Kyle Samani and Tushar Jain, for Multicoin's third visit on the show, to chat about how they came together to form Multicoin, their current investment thesis and how it has evolved, and the road ahead in the blockchain ecosystem.Topics covered in this episode:Tushar and Kyle's backgrounds and what led to MulticoinWhy did they choose to create an investing company?Their current investment thesis and how it has evolvedMulticoin's decision to not invest in certain lucrative projectsHow they chose what to invest inThe Proof of Physical Work thesisThe process of how they select an investment and the strategy behind their portfolioProjects they regret not investing inA prediction of how the blockchain ecosystem will look in three yearsDominance of DeFiEpisode links:Episode 361 with KyleEpisode 223 with Kyle and TusharProtocols dont capture value, DAOs manage risk - thesisMulticoin on TwitterKyle on TwitterTushar on TwitterSponsors:ParaSwap: ParaSwap aggregates all major DEXs and makes sure you beat the market price at every single swap and with the lowest slippage - paraswap.io/epicenterChorus One: Chorus One runs validators on cutting edge Proof of Stake networks such as Cosmos, Solana, Celo, Polkadot and Oasis. - https://epicenter.rocks/chorusoneThis episode is hosted by Friederike Ernst. Show notes and listening options: epicenter.tv/441

Kyle Samani is Managing Partner at Multicoin Capital, a thesis-driven crypto investment firm that he co-founded with Tushar Jain. Multicoin was founded in 2017, and manages several billion in assets under hedge funds and venture funds.Previously, he was co-founder and CEO of Pristine, a company building Google Glass software for surgeons.Under Kyle's management, Multicoin has made some notable investments including Solana, Near, Helium, Audius, and Arweave, making Multicoin one of the most successful crypto funds around. Kyle's writing and successful contrarian bets have made him one of the most respected thought leaders in the crypto space. 

Welcome to ep 105 of the FTX Podcast with special guest Tushar Jain and your host Tristan Yver.Tushar cofounded Multicoin Capital with Kyle Samani, a previous podcast guest (ep 25 & 78). Multicoin is a thesis-driven investment firm that invests in cryptocurrencies, tokens, and blockchain companies reshaping trillion-dollar markets. Website: https://multicoin.capital/Thank you for your time, energy & insight Tushar!

I've got Kyle Samani back for his third appearance on Panic with Friends. As unusual, Kyle does a fantastic job of breaking down crypto with compelling use cases that will leave you with a better understanding of where we've been and where the promise of Web3 will take us. I've been a personal LP in his fund since it started in 2017, with positive results even through the brutal Crypto Winter of 2018/19. This episode piggybacks last weeks episode with Tushar Jain, Kyle's co-founder at Multicoin Capital. Listen to them both. You'll walk away realizing the inevitability of Web3 and where the major trends in technology are developing.  Guest - Kyle Samani, Co-Founder and Managing Partner of Multicoin Capital  Multicoin Summit Keynote howardlindzon.com, multicoin.capital  Twitter: @howardlindzon, @PanicwFriends, @kylesamani, @multicoincap, @knutjensen  linkedin.com/in/kylesamani  #fintech #invest #investment #venturecapital #stockmarket #finance  Show Notes:  (00:37) – Intro (03:38) – The biggest change from the multitude of crypto pullbacks (04:45) – Growth and estimates of individual crypto holders (05:30) – Changes in how people access information (07:48) – Trading platforms are a commodity (09:23) – The 'flippening' from stocks to crypto (10:27) – Composability explained (13:45) – Building higher order apps on top of existing things (16:11) – Importance of latency and throughput (17:45) – Accelerating the adoption of sovereign software (19:54) – How things are different now (23:04) – The case for compute (Render) (28:20) – Designing a token system that captures value (32:07) – Fleshing out the Web3 infrastructure (32:17) – Defining Web3 (34:25) – Web3 compliments Web2 (35:41) – Understanding competing blockchains (38:47) – Binance, FTX, and Coinbase (43:46) – Closing thoughts

I'm really excited to have special guest Tushar Jain on the pod. He's the co-founder and managing partner of Multicoin. We talk about the current crypto market, what it was like in the 2018/19 bear market, and what we can expect with crypto/web3 on a 2 to 5 year time horizon. We discuss The Graph, Helium, and Render. We're still at the beginning with crypto, which means volatility is here now, but the future is out there; we've been in a blackberry moment, web3's iPhone moment is coming. This tech bear market we're in right now may be the catalyst that gets people focused on the next big thing.  Guest - Tushar Jain, Co-Founder and Managing Partner of Multicoin  howardlindzon.com, multicoin.capital  Twitter: @howardlindzon, @PanicwFriends, @TusharJain_, @multicoincap, @knutjensen  linkedin.com/in/tjain251  #fintech #invest #investment #venturecapital #stockmarket #finance  Show Notes:  (00:37) - Intro (02:21) - Schmuck insurance (05:30) - Accelerating the adoption of sovereign software (07:28) - Ethereum - First big aha moment (10:02) - Starting an investment firm (14:41) - Timing crypto tops and bottoms (16:58) - Betting on The Graph (24:55) - Defining web3 (25:28) - Censorship resistant, neutral, permissionless (25:44) - No toll, no excess rents (27:12) - Your private key is the most important thing (29:37) - The Helium business model for deploying networks (40:04) - Everyone's trying to build the smartphone equivalent of web3 (40:35) - A clear vision for crypto  (43:24) - Excited about UXD (44:56) - Semiconductors, Mining, and Compute (47:00) - Closing thoughts 

On this episode of Empire, Jason Yanowitz and Santiago Santos sit down with Kyle Samani and Tushar Jain of Multicoin Capital. As one of the top performing crypto funds of all time, Kyle and Tushar have insight not only discuss their former and current contrarian opinions on the space but discuss what they've learned, how they're thinking, and what they're seeing when it comes to the crypto industry in 2022. -- ParaSwap: If you want to make a swap at the best price across the DeFi market, check out paraswap.io. ParaSwap's state-of-the-art algorithm beats the market price across all major DEXs and brings you the most optimized swaps with the best prices, and lowest slippage. Find out more about them at https://www.paraswap.io/ -- Empire is brought to you by Blockworks, a financial media brand delivering breaking news and premium insights about digital assets to millions of investors. For more content like this, subscribe to Blockworks' free daily newsletter: https://blockworks.co/newsletter/ Follow me and Santiago on Twitter, @JasonYanowitz and @santiagoroel; let us know what you thought of the show! Subscribe to the podcast on Spotify: https://open.spotify.com/show/4UTePv1CR3APdKOiosR3Iq?si=41bc452345b649f9 Subscribe to the podcast on Apple: https://apple.co/3srZf7M 

On today's Manager Meeting, Michael Liddy speaks with Kyle Samani and Tushar Jain. Mike is a Partner at Evanston Capital Management, a $4.5 billion hedge fund of funds, whose CIO Adam Blitz was a past guest on Capital Allocators. Kyle and Tushar are Co-Founders and Managing Partners of Multicoin Capital, a $4.5 billion thesis-driven manager of cryptocurrencies, tokens, and blockchain companies. Kyle and Tushar founded Multicoin in 2017 and have grown its hedge fund and venture businesses to one of the largest in the space. Before they get going, Mike and I discuss Evanston's process to invest in the space, diligence specific to crypto strategies, selection of Multicoin, and fit in their portfolio. Learn More Subscribe: Apple | Spotify | Google  Follow Ted on Twitter at @tseides or LinkedIn Subscribe to the mailing list Read the transcripts

Tushar Jain is managing partner at Multicoin Capital, a prominent investment firm and one of Helium's largest investors.He joins us once again to discuss his new article, The Helium Flywheel, and break down all of the components that ensure Helium miners will have a positive return on their investment through the next million hotspots and beyond.00:52 - The Helium Flywheel Intro02:23 - How The Flywheel Works05:42 - Manufacturing & Supply Bottlenecks07:56 - New Manufacturer Shipping Announcements09:24 - Hotspot Price Flywheel Impact12:22 - Mining ROI at 1,000,000 Hotspots15:36 - What 1,000,000 Hotspots Really Means17:21 - The Right Side of the Flywheel20:32 - What Permissionless Means21:24 - 5G Data Credit Usage22:25 - Tushar's PredictionMore episodes of The Hotspot are available on your favorite podcast app: https://plinkhq.com/i/1524379293Resources:Read The Helium Flywheel: https://multicoin.capital/2021/03/17/the-helium-flywheel/Learn more about Helium: https://www.helium.com/Follow me: https://twitter.com/rawrmaanFollow Tushar: https://twitter.com/TusharJain_Follow Helium: https://twitter.com/heliumIntro song: Lakey Inspired - Arcade

《伍拾壹说》很高兴跟大家见面了！本节目由Multicoin Capital的Mable Jiang主理，每期旨在向听众呈现一些区块链从业者的创意想法、有趣经历与开发运营进展，围绕华语世界从业者为主，也会不定期邀请亚洲其他地区非华语的从业者参与。这一期是在2020年8月录制的，到今天在行业内已经经历了许多事情，因此这一期算是一个小小的回顾。本期对话里，Multicoin Capital 创始人 Kyle Samani 和 Tushar Jain 为大家讲述了最初创业的故事，Multicoin Capital 的东行之路，他们对于为项目方提供价值与赋能所做的思考与努力，以及他们在接下来一段时间感到兴奋的行业方向。初次见面，希望大家喜欢，也希望大家在今后的日子里多多与《伍拾壹说》互动！更多信息，请移步官网https://multicoin.capital/zh重要声明：Mable或嘉宾在播客中的观点仅代表他们的个人看法，并不代表Multicoin Capital官方的观点。此播客仅用于提供信息，不作为投资参考。Multicoin Capital有时可能会在此节目中讨论的某些代币或公司中持有头寸。 Hello everyone! Welcome to the Genesis episode of our Asia podcast series. I'm your host Mable Jiang. Today we have the co-founders and managing partners of Multicoin Capital Kyle Samani and Tushar Jain to join us.In this conversation we cover a ton of ground. We talk about how Kyle and Tushar got into crypto, why they doubled down on Asia, and what technologies, projects, and ideas they find most compelling within the region. Below are some quick audio bookmarks to help you jump around and find what you're looking for: 00:28 — How Multicoin Capital got started06:49 — How and when Multicoin Capital became interested in China12:18 — Recent results and revelations from on-the-ground insights from China17:06 — Investments that Multicoin Capital has made in the East21:10 — Kyle and Mable discuss the launch of Project Serum27:53 — Kyle and Mable talk about interoperability and Solana30:41 — Tushar and Kyle discuss the recent proliferation of DeFI37:56 — Mable and Kyle talk about exchange innovation in AsiaFor more information about this podcast, please visit https://multicoin.capital/. Important Disclaimers: All opinions expressed by Mable Jiang, or other podcast guests, are solely their opinion and do not represent the opinions of Multicoin Capital in any way. This podcast is for informational purposes only and should not be construed as investment advice. Multicoin Capital may hold positions in some of the tokens and/or companies discussed on this show. 

A discussion with James Fayal and returning guest Tushar Jain about Helium's token economics and our new proposal, HIP 20.Learn more about Helium: https://www.helium.com/Follow me: @rawrmaanFollow Tushar: @TusharJain_Follow James: @JMFayalFollow Helium: @heliumIntro song: Lakey Inspired - ArcadeOutro song: Sethu & Lil $adape - Hotspot

Tushar Jain is co-founder and Managing Partner at Multicoin Capital, a crypto-focused, thesis-driven investment firm which co-led Helium's $15M Series C round along with Union Square Ventures. He's also the founder of the DeWi Alliance, a governing body for decentralized wireless initiaivesPreviously, he was the founder of health tech startup ePatientFinder which was acquired by Elligo Health Research, and before that he graduated from NYU with degrees in finance and political science.Learn more about Helium: https://www.helium.com/Check out the DeWi Alliance: https://www.dewi.org/Read Multicoin's blog post about Helium: https://multicoin.capital/2019/06/12/helium-series-c/Follow me: @rawrmaanFollow Tushar: @TusharJain_Follow DeWi Alliance: @dewiallianceFollow Helium: @heliumIntro song: Lakey Inspired - Arcade

Kain Warwick, founder of Synthetix, discusses the launch of the COMP token this week, including: why the price of COMP tokens popped how this now meant that the governance of the Compound protocol was now in the hands of the community whether liquidity mining in DeFi is similar to or different from transaction mining on centralized exchanges what the price jump in COMP on day 1 means for a future DeFi bull market why Kain believes he is already seeing Bitcoin flowing into alts and DeFi tokens what this means for VCs who invested in layer 1 projects Thank you to our sponsors!  Crypto.com: https://crypto.com Nexo: https://nexo.io DeversiFi: https://deversifi.com Episode links:  Kain Warwick: https://twitter.com/kaiynne Synthetix: https://www.synthetix.io Tweet storm on what he got wrong about COMP: https://twitter.com/kaiynne/status/1272875213319856129 Governance of Compound now in hands of the community: https://medium.com/compound-finance/compound-community-ownership-ee0ed1252cc3 Tushar Jain’s tweet: https://twitter.com/TusharJain_/status/1272696517258883072  Why Kain thinks COMP popping on its first day is a harbinger of a DeFi bull market: https://twitter.com/kaiynne/status/1272723560260198402?s=20 DeFi Weekly: https://defiweekly.substack.com/p/comp-lessons-and-learnings-651 Deribit on how this can create network effects: https://insights.deribit.com/market-research/supercharging-network-effects-in-crypto/ Tweet storm on the BTC dominance cycle: https://twitter.com/kaiynne/status/1269792683616120833?s=20  Tom Shaughnessy tweet on how there’s no more competition between layer 1s — it’s more about DeFi: https://twitter.com/Shaughnessy119/status/1272373784616542209 Similar thoughts by Spencer Noon: https://twitter.com/spencernoon/status/1273403731586023431?s=20 Links from news recap: https://unchainedpodcast.com/make-5x-on-day-1/

Is there a more confusing pair of words than Blockchain and Cryptocurrency? Most likely, but when it comes to this pair of words, it’s easy to get lost and confused in the ever-complex world of token economics. For some, investing in Crypto just comes naturally, and that's exactly the case for Tushar Jain. Originally the co-founder of a Health Tech company, Tushar found his true calling by becoming the Managing Partner of Multicoin Capital, a cryptofund that leverages venture capital economics in the public market. Founded in 2017, Multicoin Capital quickly earned a reputation for being the pioneers in crypto and token economics. Tushar joined us on the podcast to talk about how to convey information and to get the right people to notice you.

Tushar Jain of Multicoin Capital discusses how hackers likely obtained $40 million worth of Bitcoin in a hack on Binance, how the leading crypto exchange could have incentivized miners to reorganize the blocks, and what the possibility says about the game theory of Bitcoin. We talk about why Binance ultimately decided against trying to go this route, and whether or not exchanges should, in the future, try to use reorgs immediately after exchange hacks in order to both undo the hack as well as deter future hackers. Plus, we discuss how this idea would have differed from the Ethereum hard fork after the DAO and whether or not this suggests that fast finality is preferable to probabilistic finality. Thank you to our sponsor! CipherTrace: http://ciphertrace.com/unconfirmed Episode links: Tushar Jain: https://twitter.com/tusharjain_?lang=en Multicoin Capital: https://multicoin.capital Binance's announcement about the hack: https://binance.zendesk.com/hc/en-us/articles/360028031711 Bitcoin core contributor Jeremy Rubin's suggestion to attempt the reorg: https://twitter.com/JeremyRubin/status/1125919526485254144 CZ's Periscope AMA after the hack: https://twitter.com/binance/status/1125959459782553600 CZ's decision not to do the reorg: https://twitter.com/cz_binance/status/1125996194734399488 CZ tweeting about the controversy that resulted: https://twitter.com/cz_binance/status/1126088279261007875?s=20 Jeremy's statement after the controversy over his suggestion of a reorg: https://twitter.com/JeremyRubin/status/1126391126619971585?s=20

Adam Draper is a Co-Founder of Boost VC. In this conversation, Adam and Anthony Pompliano discuss Bitcoin, Blockchain, cryptocurrencies, space, aliens, oceans, and why investing in weird things delivers great returns. ----- Ethereal Summit returns to New York City this May 10th to 11th to kick off Blockchain Week and offer you a chance to go deep into the heart of crypto, blockchain, and Ethereum. Get up close with outspoken crypto leaders like Mike Novogratz, Joe Lubin, Tushar Jain, Danny Ryan, and yours truly Anthony Pompiliano. Ethereal Summit is where you can get in the mix with the builders of blockchain.  Check out Etherealsummit.com with discount code POMP to get 20% off tickets to come hang with the brightest minds in blockchain at Ethereal Summit New York, May 10th to 11th at Pioneer Works in Brooklyn. ----- If you enjoyed this conversation, share it with your colleagues & friends, rate, review, and subscribe. This podcast is presented by BlockWorks Group. For exclusive content and events that provide insights into the crypto and blockchain space, visit them at: https://www.blockworksgroup.io

Jeremy Gardner is a Co-Founder of Auger, and a Managing Partner at Ausum Ventures. In this episode, Jeremy and Anthony Pompliano discuss the early days of Bitcoin college clubs, how the first prediction market got built, what it was like to be part of the team that built the first STO, and how crypto is going to evolve moving forward. ----- Ethereal Summit returns to New York City this May 10th to 11th to kick off Blockchain Week and offer you a chance to go deep into the heart of crypto, blockchain, and Ethereum. Get up close with outspoken crypto leaders like Mike Novogratz, Joe Lubin, Tushar Jain, Danny Ryan, and yours truly Anthony Pompiliano. Ethereal Summit is where you can get in the mix with the builders of blockchain.  Check out Etherealsummit.com with discount code POMP to get 20% off tickets to come hang with the brightest minds in blockchain at Ethereal Summit New York, May 10th to 11th at Pioneer Works in Brooklyn. ----- If you enjoyed this conversation, share it with your colleagues & friends, rate, review, and subscribe. This podcast is presented by BlockWorks Group. For exclusive content and events that provide insights into the crypto and blockchain space, visit them at: https://www.blockworksgroup.io

Avichal Garg is the Managing Partner at Electric Capital. In this conversation, Avichal talks about the early days of working at Google and Facebook, building a machine learning company, and his career progression from employee to founder to crypto VC. ---- Totle is a rare blockchain investment opportunity, one that offers a live product, active customers, an established revenue model. Totle solves three significant problems with blockchain asset exchange: 1) Security 2) Complexity and 3) Pricing. Over $4 trillion of blockchain assets were exchanged in 2018 and growth is forecast for at least the next 10 years. Totle’s sophisticated platform powers the blockchain economy with safe, simple decentralized asset exchanges at the best price for traders, wallets, businesses and other financial apps. Totle’s B2C Web App and B2B API are live and serving customers today. Visit totle.com/pomp for more info. ----- Ethereal Summit returns to New York City this May 10th to 11th to kick off Blockchain Week and offer you a chance to go deep into the heart of crypto, blockchain, and Ethereum. Get up close with outspoken crypto leaders like Mike Novogratz, Joe Lubin, Tushar Jain, Danny Ryan, and yours truly Anthony Pompiliano. Ethereal Summit is where you can get in the mix with the builders of blockchain.  Check out Etherealsummit.com with discount code POMP to get 20% off tickets to come hang with the brightest minds in blockchain at Ethereal Summit New York, May 10th to 11th at Pioneer Works in Brooklyn. ----- If you enjoyed this conversation, share it with your colleagues & friends, rate, review, and subscribe. This podcast is presented by BlockWorks Group. For exclusive content and events that provide insights into the crypto and blockchain space, visit them at: https://www.blockworksgroup.io

Tushar Jain and Kyle Samani, managing partners of Multicoin Capital, discuss Binance, Binance Chain and BNB token, and why they believe Binance will become the first centralized company to successfully decentralize itself and migrate the value in itself to its token. We cover what Binance, the centralized company has so far achieved in terms of trading volume, fiat on-ramps, and regulatory arbitrage, and whether the company has any more regulatory risk than any other exchange. We also look at the features of Binance Chain, how they compare to other decentralized exchanges such as 0x, and why Multicoin believes that it will have more liquidity than previous dexes. We then explore BNB token — how it works now, the regulatory risk for BNB token, and how it will function on the dex. Finally, we touch on Binance's decentralization strategy overall and how it could fail. Thank you to our sponsor! CipherTrace: https://ciphertrace.com/unchained Episode links: Multicoin Capital: https://multicoin.capital Kyle Samani: https://twitter.com/KyleSamani Tushar Jain: https://twitter.com/TusharJain_ Multicoin Capital BNB report: https://multicoin.capital/2019/02/19/binance-coin-analysis-and-valuation/ Unchained episode with CZ: https://unchainedpodcast.com/how-binance-became-the-most-popular-crypto-exchange-in-5-months-ep-84/

Tushar Jain and Kyle Samani, managing partners of Multicoin Capital, discuss Binance, Binance Chain and BNB token, and why they believe Binance will become the first centralized company to successfully decentralize itself and migrate the value in itself to its token. We cover what Binance, the centralized company has so far achieved in terms of trading volume, fiat on-ramps, and regulatory arbitrage, and whether the company has any more regulatory risk than any other exchange. We also look at the features of Binance Chain, how they compare to other decentralized exchanges such as 0x, and why Multicoin believes that it will have more liquidity than previous dexes. We then explore BNB token — how it works now, the regulatory risk for BNB token, and how it will function on the dex. Finally, we touch on Binance's decentralization strategy overall and how it could fail. Thank you to our sponsor! CipherTrace: https://ciphertrace.com/unchained Episode links: Multicoin Capital: https://multicoin.capital Kyle Samani: https://twitter.com/KyleSamani Tushar Jain: https://twitter.com/TusharJain_ Multicoin Capital BNB report: https://multicoin.capital/2019/02/19/binance-coin-analysis-and-valuation/ Unchained episode with CZ: https://unchainedpodcast.com/how-binance-became-the-most-popular-crypto-exchange-in-5-months-ep-84/

Rune Christensen, CEO and cofounder of MakerDAO, explains the intricacies of the MakerDAO system, which includes the stablecoin Dai, which is pegged to $1, backed by collateral, and whose governance is managed by holders of the MKR token. He describes how the current version of "single-collateral" Dai, is backed by ether, how Dai is created with a collateralized debt position and what happens when the value of the collateral falls too low. He also talks about the roles of various players in the system, such as keepers, oracles and MKR token holders. We also cover how the system handles black swan events or other emergencies. The MakerDAO system is so complex, however, that we will reconvene for a part 2 to describe the rest of the system and how a multi-collateral Dai will function. Thank you to our sponsors! Tokensoft: https://www.tokensoft.io Microsoft: https://twitter.com/MSFTBlockchain CipherTrace: http://ciphertrace.com/unchained Episode links: MakerDAO: https://makerdao.com/en/ Rune Christensen: https://twitter.com/RuneKek Previous Unchained episode on stablecoins with Rune and Philip Rosedale of High Fidelity: https://unchainedpodcast.com/why-its-so-hard-to-keep-stablecoins-stable/ Unconfirmed episode with Rune on Andreessen Horowitz's $15 million investment: https://unchainedpodcast.com/rune-christensen-of-makerdao-on-its-15-million-from-andreessen-horowitz-ep-039/ MakerDAO white paper: https://makerdao.com/en/whitepaper/ Decreasing the stability fee: https://medium.com/makerdao/decreasing-the-stability-fee-1f9fe50cf582 Unchained episode on generalized mining with Jake Brukhman and Tushar Jain: https://unchainedpodcast.com/coinfunds-jake-brukhman-and-multicoins-tushar-jain-on-generalized-mining-ep-92/ Laura's TEDx talk: https://unchainedpodcast.com/lauras-tedx-talk-how-crypto-could-allow-more-people-to-be-their-own-boss-ep-047/ USD Coin's banking partners: https://support.usdc.circle.com/hc/en-us/articles/360015278272-Who-are-the-banking-and-financial-partners-you-are-using-for-USDC- TrueUSD's trust companies and their correspondent banks: https://blog.trusttoken.com/who-are-the-correspondent-banks-and-trustee-partners-for-trueusd-e12508f0d5a2

Rune Christensen, CEO and cofounder of MakerDAO, explains the intricacies of the MakerDAO system, which includes the stablecoin Dai, which is pegged to $1, backed by collateral, and whose governance is managed by holders of the MKR token. He describes how the current version of "single-collateral" Dai, is backed by ether, how Dai is created with a collateralized debt position and what happens when the value of the collateral falls too low. He also talks about the roles of various players in the system, such as keepers, oracles and MKR token holders. We also cover how the system handles black swan events or other emergencies. The MakerDAO system is so complex, however, that we will reconvene for a part 2 to describe the rest of the system and how a multi-collateral Dai will function. Thank you to our sponsors! Tokensoft: https://www.tokensoft.io Microsoft: https://twitter.com/MSFTBlockchain CipherTrace: http://ciphertrace.com/unchained Episode links: MakerDAO: https://makerdao.com/en/ Rune Christensen: https://twitter.com/RuneKek Previous Unchained episode on stablecoins with Rune and Philip Rosedale of High Fidelity: https://unchainedpodcast.com/why-its-so-hard-to-keep-stablecoins-stable/ Unconfirmed episode with Rune on Andreessen Horowitz's $15 million investment: https://unchainedpodcast.com/rune-christensen-of-makerdao-on-its-15-million-from-andreessen-horowitz-ep-039/ MakerDAO white paper: https://makerdao.com/en/whitepaper/ Decreasing the stability fee: https://medium.com/makerdao/decreasing-the-stability-fee-1f9fe50cf582 Unchained episode on generalized mining with Jake Brukhman and Tushar Jain: https://unchainedpodcast.com/coinfunds-jake-brukhman-and-multicoins-tushar-jain-on-generalized-mining-ep-92/ Laura's TEDx talk: https://unchainedpodcast.com/lauras-tedx-talk-how-crypto-could-allow-more-people-to-be-their-own-boss-ep-047/ USD Coin's banking partners: https://support.usdc.circle.com/hc/en-us/articles/360015278272-Who-are-the-banking-and-financial-partners-you-are-using-for-USDC- TrueUSD's trust companies and their correspondent banks: https://blog.trusttoken.com/who-are-the-correspondent-banks-and-trustee-partners-for-trueusd-e12508f0d5a2

The role of crypto investors is evolving—rapidly. Blockchain technologies will create trillions of dollars of value over the next decade. But investing in tokens is fundamentally different than investing in companies. New tools, heuristics, and security measures are required to responsibly invest in this ecosystem. It’s not enough to simply be a pure custodian or asset manager any more. Crypto-native managers also bear the responsibility of ushering nascent markets to stability—by way of investment, governance, and active participation. This panel brings together managers from disparate backgrounds to share their perspective and experience. This panel features Tushar Jain of Multicoin Capital; Ari Paul, the CIO of Blocktower Capital; Alex Felix, Managing Director and CIO at CoinFund; Josh Nussbaum, a Partner at  Compound.vc; and last but not least, Shane Molidor, the Global Head of Business Development for FBG One.

In this fireside chat Fred Wilson of Union Square Ventures and Tushar Jain of Multicoin Capital explore the ins and outs of modern portfolio construction for allocators and fund managers alike, traversing key issues such as how to think about long-term vs. short-term conviction, thematic discovery, strategic exposure, how to pick winners, and (VCs) investing in cryptofunds, to name a few. This conversation concludes with a passionate debate about the trade offs between smart contract platforms and how decentralized governance is (or is not) working today. This is one you that don’t want to miss!   

Ari Paul, CIO of BlockTower Capital, explains why he likes how short-term trades concentrate risk in investment, why, "no matter what," he thinks Bitcoin is a good-value buy today, and how big university endowments investing in crypto now could eventually lead institutions to go from having a fear-of-loss attitude about crypto to having FOMO. He also dives into why he's not as excited about generalized mining as some of BlockTower's crypto fund peers and who he thinks is really well-poised in that space. We also discuss why Bitcoin futures didn't have a positive impact on the price and what effect Bakkt and Fidelity launching their crypto products could have. Plus, he responds to people who accused him of insider trading when a private conversation in which he mentioned Stellar was acquiring enterprise blockchain startup Chain was released. Thank you to our sponsors! CipherTrace: https://ciphertrace.com/unchained Altlending: https://altlending.com Episode links: Ari Paul: https://twitter.com/AriDavidPaul BlockTower Capital: https://www.blocktower.com Harvard, Stanford, MIT endowments invest in crypto: https://www.theinformation.com/articles/harvard-stanford-mit-endowments-invest-in-crypto-funds Yale endowment invests in a16z and Paradigm: https://www.cnbc.com/2018/10/05/yale-investment-chief-david-swensen-jumps-into-crypto-with-bets-on-two-silicon-valley-funds.html Bitcoin Cash hard fork recap: https://bitcoinmagazine.com/articles/week-2-how-bitcoin-cash-hash-war-came-and-went-and-not-much-happened/ Unconfirmed episode on Bitcoin Cash hard fork with Aaron Van Wirdum: http://unconfirmed.libsyn.com/the-bitcoin-cash-hard-fork-bitcoin-abc-vs-bitcoin-sv-ep046 Unchained episode with Riccardo Spagni of Monero: http://unchainedpodcast.co/coinfunds-jake-brukhman-and-multicoins-tushar-jain-on-generalized-mining-ep92 Unchained episode with Jake Brukhman and Tushar Jain of Multicoin Capital: http://unchainedpodcast.co/coinfunds-jake-brukhman-and-multicoins-tushar-jain-on-generalized-mining-ep92 Unconfirmed episode with Fidelity's Tom Jessop: http://unconfirmed.libsyn.com/fidelity-digital-asset-services-tom-jessop-on-why-its-serving-institutional-clients-first-ep043 Ari's private conversation in which he mentioned Stellar was acquiring Chain: https://hackernoon.com/ten-questions-for-ari-david-paul-of-blocktower-capital-dcd8d81ef27e IMF managing director Christine Lagarde's talk on the case for central bank digital currencies: https://www.imf.org/en/News/Articles/2018/11/13/sp111418-winds-of-change-the-case-for-new-digital-currency

Ari Paul, CIO of BlockTower Capital, explains why he likes how short-term trades concentrate risk in investment, why, "no matter what," he thinks Bitcoin is a good-value buy today, and how big university endowments investing in crypto now could eventually lead institutions to go from having a fear-of-loss attitude about crypto to having FOMO. He also dives into why he's not as excited about generalized mining as some of BlockTower's crypto fund peers and who he thinks is really well-poised in that space. We also discuss why Bitcoin futures didn't have a positive impact on the price and what effect Bakkt and Fidelity launching their crypto products could have. Plus, he responds to people who accused him of insider trading when a private conversation in which he mentioned Stellar was acquiring enterprise blockchain startup Chain was released. Thank you to our sponsors! CipherTrace: https://ciphertrace.com/unchained Altlending: https://altlending.com Episode links: Ari Paul: https://twitter.com/AriDavidPaul BlockTower Capital: https://www.blocktower.com Harvard, Stanford, MIT endowments invest in crypto: https://www.theinformation.com/articles/harvard-stanford-mit-endowments-invest-in-crypto-funds Yale endowment invests in a16z and Paradigm: https://www.cnbc.com/2018/10/05/yale-investment-chief-david-swensen-jumps-into-crypto-with-bets-on-two-silicon-valley-funds.html Bitcoin Cash hard fork recap: https://bitcoinmagazine.com/articles/week-2-how-bitcoin-cash-hash-war-came-and-went-and-not-much-happened/ Unconfirmed episode on Bitcoin Cash hard fork with Aaron Van Wirdum: http://unconfirmed.libsyn.com/the-bitcoin-cash-hard-fork-bitcoin-abc-vs-bitcoin-sv-ep046 Unchained episode with Riccardo Spagni of Monero: http://unchainedpodcast.co/coinfunds-jake-brukhman-and-multicoins-tushar-jain-on-generalized-mining-ep92 Unchained episode with Jake Brukhman and Tushar Jain of Multicoin Capital: http://unchainedpodcast.co/coinfunds-jake-brukhman-and-multicoins-tushar-jain-on-generalized-mining-ep92 Unconfirmed episode with Fidelity's Tom Jessop: http://unconfirmed.libsyn.com/fidelity-digital-asset-services-tom-jessop-on-why-its-serving-institutional-clients-first-ep043 Ari's private conversation in which he mentioned Stellar was acquiring Chain: https://hackernoon.com/ten-questions-for-ari-david-paul-of-blocktower-capital-dcd8d81ef27e IMF managing director Christine Lagarde's talk on the case for central bank digital currencies: https://www.imf.org/en/News/Articles/2018/11/13/sp111418-winds-of-change-the-case-for-new-digital-currency

Jake Brukhman of CoinFund and Tushar Jain of Multicoin Capital discuss a new trend among crypto funds: generalized mining, also called mining 2.0, in which investors participate in the networks in order to seed activity on them. For instance, an investor might offer disk space on a file storage network or provide capital on a decentralized lending network. They explain why it makes more sense to do this in the early days of a network than when it's matured, whether this will lead away from a peer-to-peer vision for crypto toward more professionalization and how this affects the basic premise of the fat protocols thesis. We also discuss how this impacts how crypto funds hire, do their accounting and reporting and structure their LP agreements. Thank you to our sponsors! Abra: Click this special link for a free $25 in Bitcoin! https://www.abra.com/unchained Altlending: https://altlending.com WeTrust: WeTrust: Donate in crypto and have your donation matched by WeTrust through Giving Tuesday, November 27! http://wetrust.io/unchained Episode links: Jake Brukhman: https://twitter.com/jbrukh?lang=en CoinFund: https://coinfund.io Tushar Jain: https://twitter.com/TusharJain_ Multicoin Capital: https://multicoin.capital Jake's post on crypto borrowing: https://blog.coinfund.io/crypto-borrowing-and-staking-networks-e7d2d64a81a4 Tushar's post on generalized mining: https://multicoin.capital/2018/10/23/the-evolving-role-of-crypto-investors/ Jake on LivePeer as a case study: https://blog.coinfund.io/livepeer-cryptoeconomics-as-a-case-study-of-active-participation-in-decentralized-networks-19a932415e0e Unchained episode with MakerDAO: http://unchainedpodcast.co/why-its-so-hard-to-keep-stablecoins-stable Unconfirmed episode with Rune Christensen of MakerDAO: http://unconfirmed.libsyn.com/rune-christensen-of-makerdao-on-its-15-million-from-andreessen-horowitz-ep039 Initial witness offerings, by Jake's partner Alexsandr Bulkin: https://blog.coinfund.io/iwos-with-adapt-a-creative-technological-solution-to-a-regulatory-problem-513b0bc811ff Jake's post on fat protocols not being an investment thesis: https://blog.coinfund.io/fat-protocols-are-not-an-investment-thesis-17c8837c2734 Unchained interview with Joel Monegro, the author of the fat protocols thesis: http://unchainedpodcast.co/placeholders-joel-monegro-on-the-fat-protocols-thesis-today-ep65 Videos that Jake mentions at the end of the show: Generalized Mining, An Introduction & Primer by Jake Brukhman, CEO of CoinFund: https://youtu.be/ceex9CN2YZU Panel #1: Supply Side Services | Generalized Mining and The Third-Party Economy: https://youtu.be/Cr6H2FcidjY Panel # 2: New Role of Crypto Investors | Generalized Mining and The Third-Party Economy:  https://youtu.be/zakQc07GRXA Panel #3: Staking Economic Design |  Generalized Mining and The Third-Party Economy:  https://youtu.be/ydViUpTZens

Jake Brukhman of CoinFund and Tushar Jain of Multicoin Capital discuss a new trend among crypto funds: generalized mining, also called mining 2.0, in which investors participate in the networks in order to seed activity on them. For instance, an investor might offer disk space on a file storage network or provide capital on a decentralized lending network. They explain why it makes more sense to do this in the early days of a network than when it's matured, whether this will lead away from a peer-to-peer vision for crypto toward more professionalization and how this affects the basic premise of the fat protocols thesis. We also discuss how this impacts how crypto funds hire, do their accounting and reporting and structure their LP agreements. Thank you to our sponsors! Abra: Click this special link for a free $25 in Bitcoin! https://www.abra.com/unchained Altlending: https://altlending.com WeTrust: WeTrust: Donate in crypto and have your donation matched by WeTrust through Giving Tuesday, November 27! http://wetrust.io/unchained Episode links: Jake Brukhman: https://twitter.com/jbrukh?lang=en CoinFund: https://coinfund.io Tushar Jain: https://twitter.com/TusharJain_ Multicoin Capital: https://multicoin.capital Jake's post on crypto borrowing: https://blog.coinfund.io/crypto-borrowing-and-staking-networks-e7d2d64a81a4 Tushar's post on generalized mining: https://multicoin.capital/2018/10/23/the-evolving-role-of-crypto-investors/ Jake on LivePeer as a case study: https://blog.coinfund.io/livepeer-cryptoeconomics-as-a-case-study-of-active-participation-in-decentralized-networks-19a932415e0e Unchained episode with MakerDAO: http://unchainedpodcast.co/why-its-so-hard-to-keep-stablecoins-stable Unconfirmed episode with Rune Christensen of MakerDAO: http://unconfirmed.libsyn.com/rune-christensen-of-makerdao-on-its-15-million-from-andreessen-horowitz-ep039 Initial witness offerings, by Jake's partner Alexsandr Bulkin: https://blog.coinfund.io/iwos-with-adapt-a-creative-technological-solution-to-a-regulatory-problem-513b0bc811ff Jake's post on fat protocols not being an investment thesis: https://blog.coinfund.io/fat-protocols-are-not-an-investment-thesis-17c8837c2734 Unchained interview with Joel Monegro, the author of the fat protocols thesis: http://unchainedpodcast.co/placeholders-joel-monegro-on-the-fat-protocols-thesis-today-ep65 Videos that Jake mentions at the end of the show: Generalized Mining, An Introduction & Primer by Jake Brukhman, CEO of CoinFund: https://youtu.be/ceex9CN2YZU Panel #1: Supply Side Services | Generalized Mining and The Third-Party Economy: https://youtu.be/Cr6H2FcidjY Panel # 2: New Role of Crypto Investors | Generalized Mining and The Third-Party Economy:  https://youtu.be/zakQc07GRXA Panel #3: Staking Economic Design |  Generalized Mining and The Third-Party Economy:  https://youtu.be/ydViUpTZens

Erik and guest co-host Tony Sheng (@tonysheng) of Decentraland interview managing partners of Multicoin Capital Tushar Jain (@TusharJain_) and Kyle Samani (@KyleSamani). They explain why many people are underestimating the potential impact of blockchain on the web and on the world in general. In their words, “tokenizing shares of Apple stock and putting it on the blockchain will be akin to PDF’ing a newspaper and putting it online in 1995 — and thinking this is how the internet will change news as an industry.”They discuss a number of other topics within the crypto universe and cover some of the more interesting recent developments in the crypto world. Tushar and Kyle also break down their recent blog post about the Web3 Stack and discuss the obstacles that crypto and the blockchain are facing and how they can be overcome.Thanks for listening — if you like what you hear, please review us on your favorite podcast platform. Check us out on the web at villageglobal.vc or get in touch with us on Twitter @villageglobal.Venture Stories is brought to you by Village Global and is hosted by co-founder and partner, Erik Torenberg. Shawn Xu is our researcher, Colin Campbell is our audio engineer, and the show is produced by Brett Bolkowy.

Erik and guest co-host Tony Sheng (@tonysheng) of Decentraland interview managing partners of Multicoin Capital Tushar Jain (@TusharJain_) and Kyle Samani (@KyleSamani). They explain why many people are underestimating the potential impact of blockchain on the web and on the world in general. In their words, “tokenizing shares of Apple stock and putting it on the blockchain will be akin to PDF’ing a newspaper and putting it online in 1995 — and thinking this is how the internet will change news as an industry.”They discuss a number of other topics within the crypto universe and cover some of the more interesting recent developments in the crypto world. Tushar and Kyle also break down their recent blog post about the Web3 Stack and discuss the obstacles that crypto and the blockchain are facing and how they can be overcome.Thanks for listening — if you like what you hear, please review us on your favorite podcast platform. Check us out on the web at villageglobal.vc or get in touch with us on Twitter @villageglobal.Venture Stories is brought to you by Village Global and is hosted by co-founder and partner, Erik Torenberg. Shawn Xu is our researcher, Colin Campbell is our audio engineer, and the show is produced by Brett Bolkowy.

My guests this week are Kyle Samani and Tushar Jain, both managing partners at Multicoin Capital. I’ve taken a bit of a break from crypto because I hadn’t sensed many new angles to explore in this forum, from an investor’s point of view. I felt that while things keep evolving, the major investment theses have been established and explored. Kyle and Tushar are interesting because of their often divergent views. For example, Kyle has been an outspoken supporter of Ethereum relative to bitcoin. This conversation, which is meant for those still curious about crypto, offers lots of new food for thought. We discuss smart contract platforms, network effects, the coming platform wars, and why blockchains may not matter in ten years. Please enjoy my conversation with the partners of Multicoin Capital. Hash Power is presented by Fidelity Investments For more episodes go to InvestorFieldGuide.com/podcast. Sign up for the book club, where you’ll get a full investor curriculum and then 3-4 suggestions every month at InvestorFieldGuide.com/bookclub. Follow Patrick on Twitter at @patrick_oshag   Links Referenced Paths to Tens of Trillions An (Institutional) Investor’s Take on Cryptoassets On the Network Effects of Store Value If SaaS Products Sell Themselves, Why Do We Need Sales? Money, blockchains, and social scalability Nakamoto Institute Token Economy Multicoin.capital Crypto Cannon              Show Notes 2:11 - (First Question) – What would get the entire cryptocurrencies ecosphere to 5-10 trillion dollars             2:53 – Paths to Tens of Trillions 4:37 – What will be the effective uses for crypto currencies, store value vs utility value             4:38 – An (Institutional) Investor’s Take on Cryptoassets 8:48 – Why they are negative on bitcoin and more positive on Ethereum 10:07 – Where will start to see widespread adaption of the utility value of cryptocurrencies 14:44 – What is the major breakthrough that cryptocurrencies create 21:21 – How do we gain confidence that a utility token will become a sound investment 25:16 – The different type of network effects             25:47 – On the Network Effects of Store Value 31:18 – How do you convince institutional investors to consider the crypto space 34:21 – Factors that they care about when first evaluating a crypto currency 39:21 – How does technological development and marketing factor into their decision when picking a crypto currency             40:31 – If SaaS Products Sell Themselves, Why Do We Need Sales? 41:42 – Where these two men disagree the most right now 44:07 – Why there’s a chance blockchain technology as we know it today could be irrelevant             44:25 – Money, blockchains, and social scalability 47:56 – Most compelling trends in this world today 51:51 – A favorite resource or person people can look into if they want to learn more             52:22 – Nakamoto Institute             52:57 – Token Economy             53:24 – Multicoin.capital             53:30 – Crypto Cannon          54:14 – Kindest thing anyone has done for them   Learn More For more episodes go to InvestorFieldGuide.com/podcast.  Sign up for the book club, where you’ll get a full investor curriculum and then 3-4 suggestions every month at InvestorFieldGuide.com/bookclub Follow Patrick on twitter at @patrick_oshag

Kyle Samani and Tushar Jain, cofounders of Multicoin Capital, dive deeply into their sometimes controversial and unpopular opinions on how the crypto revolution will play out. They describe why they don't think the technology that a team develops early on will play nearly as big a role as some think, why there will be a spectrum of blockchains offering different features with different tradeoffs, and why they're bearish on stablecoins. They discuss why they disagree on whether or not the Lightning Network is revolutionary (and therefore why they disagree on whether Bitcoin is failing). Samani and Jain also explain how they decide whether or not to invest in a token, their strategies for trading and why they don't have to be invested in a project to help out. Multicoin: https://multicoin.capital/ Kyle Samani: @KyleSamani Tushar Jain: @TusharJain_ A blog post that came out after we recorded in which Kyle expands on his contention that technical features will matter less in the long-term success of a network than people think: https://multicoin.capital/2018/04/25/good-artists-copy-great-artists-steal/ Kyle's post on the outlook for coins for store of value, utility tokens and stablecoins: https://multicoin.capital/2018/03/15/paths-to-tens-of-trillions/ More Multicoin thinking around stablecoins: https://multicoin.capital/2018/01/17/an-overview-of-stablecoins/ Previous Unchained episode: Why It's So Hard to Keep Stablecoins Stable: http://unchainedpodcast.co/why-its-so-hard-to-keep-stablecoins-stable Thank you to our sponsors: Bitwise: https://www.bitwiseinvestments.com/unchained Keepkey: https://www.keepkey.com/ Preciate: https://preciate.org/recognize

Kyle Samani and Tushar Jain, cofounders of Multicoin Capital, dive deeply into their sometimes controversial and unpopular opinions on how the crypto revolution will play out. They describe why they don't think the technology that a team develops early on will play nearly as big a role as some think, why there will be a spectrum of blockchains offering different features with different tradeoffs, and why they're bearish on stablecoins. They discuss why they disagree on whether or not the Lightning Network is revolutionary (and therefore why they disagree on whether Bitcoin is failing). Samani and Jain also explain how they decide whether or not to invest in a token, their strategies for trading and why they don't have to be invested in a project to help out. Multicoin: https://multicoin.capital/ Kyle Samani: @KyleSamani Tushar Jain: @TusharJain_ A blog post that came out after we recorded in which Kyle expands on his contention that technical features will matter less in the long-term success of a network than people think: https://multicoin.capital/2018/04/25/good-artists-copy-great-artists-steal/ Kyle's post on the outlook for coins for store of value, utility tokens and stablecoins: https://multicoin.capital/2018/03/15/paths-to-tens-of-trillions/ More Multicoin thinking around stablecoins: https://multicoin.capital/2018/01/17/an-overview-of-stablecoins/ Previous Unchained episode: Why It's So Hard to Keep Stablecoins Stable: http://unchainedpodcast.co/why-its-so-hard-to-keep-stablecoins-stable Thank you to our sponsors: Bitwise: https://www.bitwiseinvestments.com/unchained Keepkey: https://www.keepkey.com/ Preciate: https://preciate.org/recognize

This episode's guest is very special to me because he also happens to be my amazing fiance! Tushar Jain has a background on Wall Street and is a serial entrepreneur. He is now working in the crypto space and running a hedge fund called Multicoin Capital. When it comes to finance and investment, Tushar is one of the most brilliant minds around (I may be biased, but you can go ask anyone in the industry!).   In this episode, Tushar gives us tips on how to have a healthy money mindset. He talks about various heuristics that he uses to stay inside the abundance mentality when it comes to money. Tushar and I also talk about little tricks you can use to take away the cognitive noise when it comes to money-related decisions. Lastly, we touch on generosity and how important it is to sitting comfortably inside a healthy money mindset.   Question Highlights: What in your childhood influenced your entrepreneurial drive and mindset? What is a healthy money mindset? How do you cultivate an abundance mentality when it comes of money? What are some heuristics we can use to encourage abundance mentality? How to practice a healthy money mindset when money is tight? How does generosity fit into a healthy money mindset?   In This Episode You Will Learn: How to cultivate a healthy money mindset What to do in order to create a life of abundance Easy tactics to use when it comes to decision-making around spending   Resources:   Tushar's company, Multicoin: http://multicoin.capital   Sapiens: A Brief History of Mankind: https://www.amazon.com/Sapiens-Humankind-Yuval-Noah-Harari/dp/0062316095   Mint: https://www.mint.com/   The Points Guy: https://thepointsguy.com/   Nerd Wallet: https://www.nerdwallet.com/   Connect with Tushar on Twitter: @TusharJain_   Web Page: http://avanimiriyala.com/014-money-mindset   --   Check out my website at http://avanimiriyala.com. Follow me on social media @AvaniMiriyala – can't wait to hang out with you there!

That decentralized networks represent a massive investment opportunity is no longer a controversial view. In the last year alone, over 200 funds dedicated to investing in cryptoassets have been created. But the principles and frameworks to understand this new world are still in its infancy. One fund at the forefront of advancing this understanding has been Multicoin Capital. Their Founders Kyle Samani and Tushar Jain joined us to discuss some of the concepts they use to invest in decentralized networks. Topics covered in this episode: Google Glass and the origin story of Multicoin Capital Why the most used smart contract platform will produce the winning store of value Why they are bearish on Bitcoin Why money is best thought of as an adjective not a noun Differentiating between work, payment and burn-and-mint tokens Why work tokens capture network value better than payment tokens The future of Multicoin Episode links: Multicoin Capital Website New Models for Utility Tokens Blockchains: A New Social Order The Smart Contract Network Fallacy The Opportunity for Interoperable Chains of Chains Multicoin Capital Podcast This episode is hosted by Brian Fabian Crain and Meher Roy. Show notes and listening options: epicenter.tv/223