That decentralized networks represent a massive investment opportunity is no longer a controversial view. In the last year alone, over 200 funds dedicated to investing in cryptoassets have been created.
But the principles and frameworks to understand this new world are still in its infancy. One fund at the forefront of advancing this understanding has been Multicoin Capital. Their Founders Kyle Samani and Tushar Jain joined us to discuss some of the concepts they use to invest in decentralized networks.
Topics covered in this episode:
Google Glass and the origin story of Multicoin Capital
Why the most used smart contract platform will produce the winning store of value
Why they are bearish on Bitcoin
Why money is best thought of as an adjective not a noun
Differentiating between work, payment and burn-and-mint tokens
Why work tokens capture network value better than payment tokens
The future of Multicoin
Episode links:
Multicoin Capital Website
New Models for Utility Tokens
Blockchains: A New Social Order
The Smart Contract Network Fallacy
The Opportunity for Interoperable Chains of Chains
Multicoin Capital Podcast
This episode is hosted by Brian Fabian Crain and Meher Roy. Show notes and listening options: epicenter.tv/223