governance tokens

Eric Conner joins the second episode of Layer Zero. Eric is the co-founder of EthHub along with Anthony Sassano, and is a recurring Bankless guest as well as a crypto twitter staple.

From the early days of Ethereum to golf and Porsches, David and Eric discuss things at large — what does Ethereum have left to prove? How do you manage Ethereum Brain? What will the next generation of crypto natives look like?

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📣 TracerDAO | Building DeFi Infrastructure. Join the Discord!
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Topics Covered:

0:00 Intro
0:00 Intro
4:00 Eric Conner & Podcasting
7:00 Early Liquidity
15:53 Regulators Protecting Investors
25:28 Finance Background
31:12 Integrating Digital Finance
38:58 Bitcoin and Maximalism
46:27 Punks vs BTC
51:00 Ethereum Brain
56:18 The Space Never Sleeps
1:01:30 Marrying Ethereum
1:05:36 Golf
1:06:44 Porsche & Electric Cars
1:10:40 Governance Tokens
1:19:19 Closing & Disclaimers

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Resources:

Eric on Twitter
https://twitter.com/econoar?s=20 
EthHub
https://ethhub.io/ 

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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures 

Joel Monegro is a partner at Placeholder VC, where he invests in decentralized networks and companies that democratize data, wealth, and power.

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🎧 Get this Episode's Debrief: https://shows.banklesshq.com/p/exclusive-debrief-governance-and 
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📣 DHARMA | From Dollars to DeFi in a Tap!
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Bankless Podcast #62 | Governance and Capital
Guest: Joel Monegro

Joel Monegro is a partner at Placeholder, a venture capital firm where he invests in decentralized networks and companies that democratize access to data, wealth, and power. He started the firm in 2017 with his friend Chris Burniske and mentor Brad Burnham after three years at Union Square Ventures, developing the firm’s early blockchain thesis and portfolio.

In this episode, Joel explores the relationship between Governance and Capital, broadly used terms in desperate need of proper definition. Governance focuses on the decision making process in regards to capital. Capital is a broad term for economic resources – that which has utility. Governance can refer to autocratic individual decision making, but we dive into governance as a mechanism for collective decisions and achieving consensus. It is typically tied to a social and/or economic system and is made of structures that drive decision making among groups of people.

Capital represents influence, power, or control over economic resources. Capital and its utility are natural social phenomena and are relative in nature. Governance and Capital are deeply linked and arguably synonymous. The optimization of governance over capital and capital instruments are priorities of blockchains, which involve both financial and governance technology. The utility of capital can increase when pooled, especially when governance is scaled and effective.

A core argument of the crypto industry is that blockchains offer a more advanced instrumentation of capital, creating maximally efficient pathways for the exchange of value. They allow the transaction/contract settlement layer to migrate away from a state-backed system, which involves the use of courts and violence to achieve security. Replacing violence with cryptographic consensus is a powerful but challenging concept – one explored deeply in this episode with Joel Monegro.

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Resources:

Placeholder VC Blog
https://www.placeholder.vc/ 

Joel on Twitter
https://twitter.com/jmonegro?s=20 

Generations - Strauss and Howe
https://www.amazon.com/Generations-History-Americas-Future-1584/dp/0688119123 

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This Week on Bankless:

🧢 Weekly Action Recap (4/24): https://newsletter.banklesshq.com/p/ethereum-at-aths-weekly-recap 
🗞️ Weekly Rollup (4/23): https://shows.banklesshq.com/p/-rollup-venmo-huge-eth-q1-canada 
⚫ The future of synthetic assets (4/22): https://newsletter.banklesshq.com/p/the-wild-future-of-synthetic-assets 
✏️ A Short History of Ethereum Hacks (4/21): https://newsletter.banklesshq.com/p/a-short-history-of-ethereum-hacks 
🏴 Coinbase Goes Direct (4/21): https://shows.banklesshq.com/p/-sotn-43-coinbase-goes-direct-jeff 

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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures 

STATE OF THE NATION #4 - Tuesday, July 7, 2020

The State of the Bankless Nation is....HUNGRY! The bankless boys discuss why.

Plus a special guest...Luke Martin from VentureCoinist!

Watch the video here.

Covered:

1. Is ETH a good narrative investment?
2. What $2B locked in DeFi means
3. The DeFi Vortex!

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We show:

1) DeFi Pulse hits $2 billion!
https://defipulse.com/

2) The DeFi Vortex
https://twitter.com/paulsalis/status/1278920299136741378

3) Ethereum's tech tree
https://bankless.substack.com/p/ethereums-tree-of-life-market-monday-34c

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Episode Actions:

1) Look at $2B on DeFi pulse!
https://defipulse.com/

2) Think: what are the next crypto narratives?

3) Watch for David's article on Bankless tomorrow! https://bankless.substack.com/

Also...subscribe to Bankless YouTube to watch State of the Nation every Tuesday!

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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This is not tax advice. Talk to your accountant. Do your own research.

 

Disclosure. From time-to-time we may add links in this channel to products we use. We may receive commission if you make a purchase through one of these links. We'll always disclose when this is the case.