Now That Capital is No Longer the Scarce Resource
summary
Capital is no longer the scarce resource, so institutions must supply scarce capabilities: deep domain expertise, active recruiting, validator/keeper operations, legal and custody services, and even founder family services and secondary OTCs. Evidence includes the rise of the SAFT and $15B in ICO capital (2018) and crowdfunding that creates communities of 4,000–10,000 token holders who act as beta testers and volunteer engineers. Favor pragmatic builds: DeFi, governance testnets with real financial incentives, Substrate/Polkadot and WASM-based stacks, focused single-use products with strong ecosystem funds.
AI-written summary · about
chapters (7)
- 0:00Start
- 1:12The first killer use-case of blockchain was disrupting venture capital
- 2:51Why is this new form of capital formation so compelling?
- 4:59Comparison of the Crypt Fund Spectrum
- 7:37Community Management
- 8:35Emerging trends
- 12:03Controversial ideas
related talks
15mRegenerative capital allocation
33mCrypto Hedge Funds: Who Has The Winning Formula?
38mNavigating Crypto as a Venture Fund
38mHow to Capitalize on a Decentralized Future
36mRaising Startup Capital Today - Morphing Trends?
19mCapital as a Service Democratizing Venture Through Data
26mThe Evolving Investor in the Decentralized World
34mLiquidity Flood: Effects Of Traditional Capital Entering The Crypto Market