Jason Badeaux

Web 3 introduces a powerful new tool for bootstrapping networks: token incentives.The basic idea is: early on during the bootstrapping phase when network effects haven’t kicked in, provide users with financial utility via token rewards to make up for the lack of native utility.

This is where Professor Jeff Dahn Of Dalhousie University comes in. He and his team partnered up with Tesla in 2016 to create the Tesla Advanced Battery Research division. Their primary goal is to make batteries last longer, they also aim to increase energy density and decrease costs. Prof Dahn recently published a study showing the world the... See more

A peak predator of capitalism is a system which produces some useful output at the lowest possible marginal cost.

A hundred years from now, we’ll all look back and think “duh.” Obviously scale was key. Tesla is catalyzing and capitalizing on what will be the largest economic and technology shift of our lifetimes. This is bigger than IT, tech, AI, the Internet, blockchains, or any other buzzword. Everything runs on electricity, and Tesla is going to radically... See more

The first major [blockchain] breakthrough was bitcoin, which invented digital gold. The second was Ethereum, which introduced general-purpose smart contracts. Helium presents the most ambitious new use case for blockchains we’ve seen since Ethereum.

The underlying theme across all 8 of these bullets, except perhaps the last, is that each drives scale of battery production.