People argue that DePIN projects like @DIMO_Network should not use cryptocurrency as token price is susceptible to overall market movement instead of following something like: Network value = number of purchasers * value per transaction * frequency of transactions
As you can see, I would say there is enough correlation for these two numbers (network value & token price) to mirror each other in the long term rewarding long-term investors and participants. Haven't looked at other DePIN projects for this but will soon.
It was great to listen to Trevor Stuart talk about creating Split Software. He mentioned that some of the most formative years in his career were at the early stage when he started in investment banking @MorganStanley and then pivoted to Technology Crossover Ventures. #BCSTT
I had an amazing time on my techtrek field trip today. My favorite part was visiting the @SummitPartners office and getting to learn a bit more about their investment thesis and how they run their business.
#BCSTT
Just tuned into @evanbfish and @bennypjacobs podcast. Really appreciated Evan's perspective on protocol investing; it's not simply being a VC or a hedge fund—it's an entirely new product.
#BCSTT
Looking forward to Sydney Walker coming in today to TechTrek to speak about @salesforce. Excited to see what they have in the pipeline and where she sees their business expanding, especially introducing AI capabilities #BCSTT
I had a great time hosting @peterwbell and @billclerico the other week in my TechTrek class! We were able to go in-depth about their experience transitioning from tech startups to the venture world. I'm looking forward to the rest of our guest speakers!
#BCSTT
Ameet Kallarackal's talk was an eye-opener, stressing non-tech skills with tech prowess. Fisherman has an impressive infrastructure and now is focusing on attracting new clients by building out a marketing team.
#BCSTT
14 L1s, 21 metrics. Comparing the financial, network, and ecosystem activity of the smart-contract platforms covered by @MessariCrypto on a quarterly basis.
State of L1s Q1'23:
https://t.co/fti9dEPCqr
notes on the "State of Crypto 2023 Report" paper by
@DarenMatsuoka@eddylazzarin@rhackett and Stephanie Zinn
great read for anyone looking for an answer to the "why crypto" question
With the recent @arbitrum and @optimismFND airdrops + @0xPolygonLabs ZK-EVM release, we have finally entered the peak Layer 2 era!
However, the single most important upgrade for Ethereum roll-ups has yet to release...
Here's everything you need to know about EIP-4844 🧵👇