Austin Castellaw
@austincastellaw
Austin Castellaw
With these market conditions come implicit assumptions around the future state of crypto. For builders and investors to meet expectations over the next 5-10 years, how much market cap creation will we need to see? How much institutional capital will need to enter the space to support these assets? Where might institutions allocate? How can both... See more
Evan Fisher • A fundamentals driven crypto investment firm
Reputation tokens on digital platforms typically serve two purposes:
Andreessen Horowitz (AZ) • A Novel Framework for Reputation-Based Systems
0/ Token incentives are a popular way to distribute ownership to people that provide a useful service
But as we've seen, some of these distributions are easy to game and are less effective in hitting their key objectives
Here's my framework for thinking about this 👇
Ashwathtwitter.comairdrop and
A thread about @Coordinape, DAOs, decentralized compensation and its potential and pitfalls, and what it all might mean for the future of work:
Li Jintwitter.comDAO Compensation and
But there are other issues:
cryptouf.eth • DAOs, Coordinape and beyond
Capital is flowing into crypto. Over $20B in crypto funds have been raised since the start of 2021 per Dove Metrics. Dry powder is abundant, but liquidity is asymmetrically distributed. Most capital is focused on early-stage, private projects. That’s not sustainable. While retail investors have been able to consume the float of historical crypto... See more
Evan Fisher • A fundamentals driven crypto investment firm
Hybrid — Some projects like Frax Finance use a hybrid approach to find a balance between these issues. The peg to USD is algorithmically maintained, but they also have reserves available to handle periods of extreme volatility and market demand. This strategy seems the most likely to survive long term.