The Merge is the culmination of years of coordination by Ethereum Core Developers, client teams and researchers and will reshape the world’s largest programmable blockchain. To understand the magnitude of this upgrade, consider an analogy. The Ethereum network is a car running on a gas engine, but instead of providing motion to the car, Ethereum’s ... See more

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 h... See more

Crypto is one of the hottest spaces today, but many traditional investment firms still don’t understand or know how to approach the space.

On June 7, Senator Cynthia Lummis (R-WY) and Senator Kirsten Gillibrand (D-NY) unveiled the long-awaited 69-page draft of the Lummis-Gillibrand Responsible Financial Innovation Act (“Act”). The Act is meant to create a regulatory framework for digital assets, pioneer legal reform and regulation across various regulatory entities, and update current... See more

Collector DAOs which acquire NFTs;Social DAOs that convene web3 communities;Collective/Cooperative DAOs in which groups of artists and engineers deliver services to other DAOs; andCharitable DAOs that promote good causes and public goods development.The variety within these different types of DAOs is demonstrative of communities coming together acr... See more

Beyond the network and protocol variety, DAOs come in many flavors. These include:Investment DAOs in which individuals, friends, and colleagues form clubs to invest in web3 startups;

DAOs advance web3’s benefits by enabling decentralization. They allow developer companies to hand control of the developed networks and protocols to users, most commonly through the distribution of governance tokens. This process effectively turns the networks and protocols into public utilities that users can then build on top of, knowing that the... See more

DAOs – decentralized autonomous organizations – are an essential tool in achieving the self-empowering benefits of web3, including more equitable ownership among stakeholders, reduced censorship and greater diversity.

In a world where many consumer platforms are distributing content primarily through online channels, creators and communities hold tremendous power in distribution through social platforms. They are our curators* in an increasingly noisy online experience. At the same time, consumer preferences are shifting to online experiences that are more immer... See more