Alphatu

Blockchains are not simply about money. The modern-day alchemists who minted Bitcoin and other digital assets have animated a generation of technologists to reimagine how the financial and commercial world operates. The vision that these technologists aim to bring to fruition is not just about payment systems and other financial instruments. Large... See more

NFTs have fundamentally changed the market for digital assets. Historically there was no way to separate the “owner” of a digital artwork from someone who just saved a copy to their desktop. Markets can’t operate without clear property rights: Before someone can buy a good, it has to be clear who has the right to sell it, and once someone does buy,... See more

So, of course, now it makes sense to investigate the nature of these digital innovations, how they form part of the architecture of our daily lives, how they come to market, who controls them and their heteroskedastic affects on different groups. We need to ask whether the interplay of these technologies with society and market forces has led to... See more

What he meant is that a typical crypto project will launch a token after their seed or Series A deal, leaving a later stage investor with no option for a private investment. Instead, that investor will have to negotiate an investment in publicly traded tokens with the DAO that controls a project’s treasury.

I recently spoke with a crypto VC who stated“There are no Series B deals in crypto.”

A few months ago, I wrote a memo to help firms understand the investment opportunity in crypto. Today, I’m open sourcing my writing in hopes that it can help others. This piece discusses why and how a traditional VC could approach crypto. Whether you’re an investor, builder, or just casually curious about crypto / web 3, I hope you find this post... See more

The shape of this future is rapidly coming into focus and centers around an organization referred to by technologists as “decentralized autonomous organizations,” or DAOs. These DAOs operate with different assumptions than many of today’s traditional legal entities and other business associations. DAOs are not run by boards or managers, but rather... See more