/ Insights
/Multicoin Summit: Challenges and Opportunities for the Tokenization of Securities
A few weeks ago, we held the first Multicoin Summit. We brought together some of the deepest thinkers in crypto – both investors and entrepreneurs – to discuss many of the most challenging questions in the space.
/Podcast: Tushar and Dhruv Discuss ASIC Mining, Chia, and Mining Decentralization
I recently chatted with Dhruv Bansal, Co-Founder and CSO of Unchained Capital, on Conversations with Multicoin Capital. Dhruv is one of the brightest minds in crypto and had tremendous insights.
This post is a spiritual successor to The Smart Contract Network Effect Fallacy. Bitcoin has a network effect. Many crypto evangelists assert that the network effect of Bitcoin is so strong that hyperbitcoinization is inevitable.
/Podcast: Kyle and Tushar on Unchained With Laura Shin
Kyle and I recently joined Laura Shin on the Unchained podcast. This is one of our favorite crypto podcasts. Here’s the link.
Spencer Bogart from Blockchain Capital wrote an excellent piece earlier this week titled “The Long Game in Crypto: Why Decentralization Matters” as a response to our EOS report.
Cryptocurrencies and blockchains are not yet mature. Like computers from the 80s and 90s, although they technically work, they’re fragile in practice. As such, most of their users are technical, and tend to focus on technical challenges rather than go-to-market challenges.
EOS is a blockchain and smart contract platform with a focus on speed, scalability, and user experience. EOS uses delegated proof of stake (DPoS) and a “token ownership as bandwidth” model to achieve high throughput and zero transaction fees.
There are a few commonly cited arguments on why it makes sense to build social media platforms on top of blockchains, and how these benefits will enable upstart social media protocols to displace incumbents.
There are three fundamental hypotheses that attempt to answer the question, “What path will the super mega winner(s) in crypto take?” In this post, I’ll detail each of these hypotheses. Note that all three hypotheses achieve the same result: massive stores of value. The primary difference between these hypotheses is the path by which these state-free monies get there.
Multicoin Capital recently announced an impressive list of new investors, of which we are excited to be a part. Crypto is a unique asset class that requires an investor to combine the skills of a venture capitalist and a hedge fund. Like a VC, you have to evaluate team, technology, market size, competitive dynamics, and go-to-market.
