The Blockcrunch Podcast

Today Jason is joined by Spectral's Co-Founder & CEO, Sishir Varghese to discuss the Onchain Agent Economy and the future of machine intelligence networks aiding autonomous onchain agents . In this episode they discuss:

• AI/LLM integration abstractions

• Revenue-generating agents

• Competitive market dynamics: The Agent App Store

• Agent transparency

• A live Spectral demo!

• Agent-to-agent communication

• And much more!

Episode article links:

• https://vitalik.eth.limo/general/2024/01/30/cryptoai.html
• https://goodalexander.com/posts/agenticprotocols/
• https://www.spectrallabs.xyz/whitepaper

Host: Jason Choi @mrjasonchoi . Not financial advice.

--

Tangent is a private holdings company managing personal assets and is not a licensed investment advisor nor does it manage or accept any external capital. Nothing discussed is a solicitation for investment and is for entertainment purposes only.

--

Timestamps:

(00:00) Introduction

(05:17) On-chain agents

(11:01) AI/LLM integration abstractions

(14:28) Vitalik's take on AI x Crypto

(17:58) Spectral's infra-chain

(20:49) Revenue-generating agents

(23:21) Competitive market dynamics: agent App Store

(26:28) Agent verification

(29:09) Agent transparency

(32:36) Spectral Demo

(37:42) Agent moats

(40:04) Security parameters

(41:46) Agents/protocols

(43:36) Agent-to-agent communication

(45:30) Outro

--

Partner message:

Aptos is the next-generation Layer 1 blockchain designed to enhance scalability, security, and reliability for decentralized applications. With industry-leading performance, internet-grade UX, 100X lower gas fees than comparable chains, and a thriving ecosystem - Aptos is the platform of choice for both builders and users.

Find out more at https://aptosfoundation.org/

--

Twitter accounts:

Jason Choi's Twitter: https://twitter.com/mrjasonchoi

Sishir Varghese's Twitter: https://x.com/__sishir

Spectral's Twitter: https://x.com/Spectral_Labs

Spectral's website: https://www.spectrallabs.xyz/

Blockcrunch Twitter: https://twitter.com/theBlockcrunch

--

Blockcrunch VIP:

https://blockcrunch.substack.com/

--

Disclaimer:

The Blockcrunch Podcast ("Blockcrunch") is an educational resource intended for informational purposes only. Blockcrunch produces a weekly podcast and newsletter that routinely covers projects in Web 3 and may discuss assets that the host or its guests have financial exposure to. Views held by Blockcrunch's guests are their own. None of Blockcrunch, its registered entity or any of its affiliated personnel are licensed to provide any type of financial advice, and nothing on Blockcrunch's podcast, newsletter, website and social media should be construed as financial advice. Blockcrunch also receives compensation from its sponsor; sponsorship messages do not constitute financial advice or endorsement.

Full disclaimer: https://blockcrunch.substack.com/about

We're back with another Roundtable episode! Today Jason and Sanat discuss:

• Apps: the changing user onboarding landscape
• App vs Infra investment flows
• Fee taking business model vs token value accrual
• Regulation: incentive alignment
• And much more!

Host: Jason Choi @mrjasonchoi . Not financial advice.

--

Tangent is a private holdings company managing personal assets and is not a licensed investment advisor nor does it manage or accept any external capital. Nothing discussed is a solicitation for investment and is for entertainment purposes only.

--

Timestamps:

(00:00) Introduction

(04:56) 2017 user onboarding motives vs today

(07:12) App vs Infra

(18:16) Market's Infra preferences

(25:53) Fee taking vs token value accrual

(31:19) Regulation: incentive alignment

(34:21) User retention

(41:02) Infra differentiations

(43:55) Impacts of opaque regulation

(45:55) App x AI use cases

(46:53) Investment landscape

(49:48) Outro

--

Links: Galaxy article: https://www.galaxy.com/insights/research/crypto-and-blockchain-venture-capital-q2-2024/

--

Partner message:

Aptos is the next-generation Layer 1 blockchain designed to enhance scalability, security, and reliability for decentralized applications. With industry-leading performance, internet-grade UX, 100X lower gas fees than comparable chains, and a thriving ecosystem - Aptos is the platform of choice for both builders and users.

Find out more at https://aptosfoundation.org/

--

Twitter accounts:

Jason Choi's Twitter: https://twitter.com/mrjasonchoi

Sanat Kapur's Twitter: https://x.com/kapursanat

Blockcrunch Twitter: https://twitter.com/theBlockcrunch

--

Blockcrunch VIP:

https://blockcrunch.substack.com/

--

Disclaimer:

The Blockcrunch Podcast ("Blockcrunch") is an educational resource intended for informational purposes only. Blockcrunch produces a weekly podcast and newsletter that routinely covers projects in Web 3 and may discuss assets that the host or its guests have financial exposure to. Views held by Blockcrunch's guests are their own. None of Blockcrunch, its registered entity or any of its affiliated personnel are licensed to provide any type of financial advice, and nothing on Blockcrunch's podcast, newsletter, website and social media should be construed as financial advice. Blockcrunch also receives compensation from its sponsor; sponsorship messages do not constitute financial advice or endorsement.

Full disclaimer: https://blockcrunch.substack.com/about

Today Jason is joined by Prodia Co-Founder & CEO, Shawn Wilkinson to discuss the future of AI x Crypto and decentralized compute. In this episode they discuss:

• The foundations for Prodia
• Why now is the time for DePIN
• Decentralized node use-cases
• Training vs decentralization
• Web3 compute network scepticisms
• Will Prodia launch a token?
• And much more!

Host: Jason Choi @mrjasonchoi . Not financial advice.

--

Tangent is a private holdings company managing personal assets and is not a licensed investment advisor nor does it manage or accept any external capital. Nothing discussed is a solicitation for investment and is for entertainment purposes only.

--

Timestamps:

(00:00) Introduction

(07:57) Why DePIN?

(15:10) Economies of scale/cost efficiencies

(19:53) Aggregating supply/matching demand

(20:48) Decentralized node use-cases

(25:00) Training vs decentralization

(29:48) Power of cold outreach/market dynamics

(30:46) Web3 compute network scepticisms

(41:37) Miner business models

(46:11) Prodia token

(48:30) Why decentralized compute networks

(55:00) Outro

--

Partner message:

Aptos is the next-generation Layer 1 blockchain designed to enhance scalability, security, and reliability for decentralized applications. With industry-leading performance, internet-grade UX, 100X lower gas fees than comparable chains, and a thriving ecosystem - Aptos is the platform of choice for both builders and users.

Find out more at https://aptosfoundation.org/

--

Twitter accounts:

Jason Choi's Twitter: https://twitter.com/mrjasonchoi

Shawn Wilkonson's Twitter: https://x.com/super3

Prodia's Twitter: https://x.com/prodialabs

Prodia's website: https://prodia.com/

Blockcrunch Twitter: https://twitter.com/theBlockcrunch

--

Blockcrunch VIP:

https://blockcrunch.substack.com/

--

Disclaimer:

The Blockcrunch Podcast ("Blockcrunch") is an educational resource intended for informational purposes only. Blockcrunch produces a weekly podcast and newsletter that routinely covers projects in Web 3 and may discuss assets that the host or its guests have financial exposure to. Views held by Blockcrunch's guests are their own. None of Blockcrunch, its registered entity or any of its affiliated personnel are licensed to provide any type of financial advice, and nothing on Blockcrunch's podcast, newsletter, website and social media should be construed as financial advice. Blockcrunch also receives compensation from its sponsor; sponsorship messages do not constitute financial advice or endorsement.

Full disclaimer: https://blockcrunch.substack.com/about

Welcome to 'On a Tangent' episode 2 , a special segment of Blockcrunch!

Jason and Darryl, prop investors at Tangent, sit down to discuss:

• H1 2024 review
• How to develop edge as an investor
• Bull/bear inflection analysis
• How to conduct conviction reviews
• ETH ETF post-launch
• Verticals
• Jason & Darryl's early days in crypto

And much, much more

Host: Jason Choi @mrjasonchoi . Not financial advice.

--

Tangent is a private holdings company managing personal assets and is not a licensed investment advisor nor does it manage or accept any external capital. Nothing discussed is a solicitation for investment and is for entertainment purposes only.

--

Timestamps:

(01:14) Introduction

(03:04) Tangent: H1 2024 review

(05:24) Developing edge as an investor

(14:42) Bull/Bear inflections

(31:37) Reassessing convictions

(34:27) ETH ETF review

(37:42) Cycle patterns

(43:05) Verticals

(46:00) Crypto x AI

(53:51) Jason & Darryl's start in crypto

(56:30) Diversification vs concentration

(59:43) Outro

--

Twitter accounts:

Jason Choi's Twitter:

https://twitter.com/mrjasonchoi

Darryl Wang's Twitter:

https://x.com/0xWangarian

Blockcrunch Twitter:

https://twitter.com/theBlockcrunch

--

Partner message:

Aptos is the next-generation Layer 1 blockchain designed to enhance scalability, security, and reliability for decentralized applications. With industry-leading performance, internet-grade UX, 100X lower gas fees than comparable chains, and a thriving ecosystem - Aptos is the platform of choice for both builders and users.

Find out more at https://aptosfoundation.org/

--

Blockcrunch VIP:

https://blockcrunch.substack.com/

--

Disclaimer:

The Blockcrunch Podcast ("Blockcrunch") is an educational resource intended for informational purposes only. Blockcrunch produces a weekly podcast and newsletter that routinely covers projects in Web 3 and may discuss assets that the host or its guests have financial exposure to. Views held by Blockcrunch's guests are their own. None of Blockcrunch, its registered entity or any of its affiliated personnel are licensed to provide any type of financial advice, and nothing on Blockcrunch's podcast, newsletter, website and social media should be construed as financial advice. Blockcrunch also receives compensation from its sponsor; sponsorship messages do not constitute financial advice or endorsement.

Full disclaimer: https://blockcrunch.substack.com/about

Today Jason is joined by NEAR Protocol Co-Founder, Illia Polosukhin to discuss the future of AI and blockchain technology. In this episode they discuss:

• The early days of NEAR
• AI x Crypto verticals
• User-AI
• NEAR's AI R&D lab
• Why NEAR is well positioned for AI x Crypto
• And much more!

Host: Jason Choi @mrjasonchoi . Not financial advice.

--

Timestamps:

(00:00) Introduction

(12:00) NEAR Protocol early days

(16:06) Crypto/AI verticals

(22:27) User-AI is NEAR & AI concerns

(29:58) User-owned AI business model

(34:40) NEAR AI R&D lab

(41:58) Chain abstraction

(46:15) Why is NEAR positioned for AI?

(49:27) NEAR's H2 2024 roadmap

(52:20) Outro

--

Yield Guild Games (YGG) is a web3 guild protocol that enables players and gaming guilds to find their community, discover games and level up together. Its mission is to become the leading community-based user acquisition platform in web3 gaming through fun quests that help players build their onchain reputation

Find out more at https://investors.yieldguild.io/

--

Twitter accounts:

Jason Choi's Twitter:

https://twitter.com/mrjasonchoi

Illia Polosukhin's Twitter:

https://twitter.com/kapursanat

NEAR Protocol's Twitter: https://x.com/NEARProtocol

Blockcrunch Twitter:

https://twitter.com/theBlockcrunch

YGG Twitter:

https://x.com/YieldGuild

--

Blockcrunch VIP:

https://blockcrunch.substack.com/

--

Disclaimer:

The Blockcrunch Podcast ("Blockcrunch") is an educational resource intended for informational purposes only. Blockcrunch produces a weekly podcast and newsletter that routinely covers projects in Web 3 and may discuss assets that the host or its guests have financial exposure to. Views held by Blockcrunch's guests are their own. None of Blockcrunch, its registered entity or any of its affiliated personnel are licensed to provide any type of financial advice, and nothing on Blockcrunch's podcast, newsletter, website and social media should be construed as financial advice. Blockcrunch also receives compensation from its sponsor; sponsorship messages do not constitute financial advice or endorsement.

Full disclaimer: https://blockcrunch.substack.com/about

Welcome to 'On a Tangent' episode 1 , a special segment of Blockcrunch!

Jason and Darryl, prop investors at Tangent, sit down to discuss:

- How Tangent began

- Tangent's investment strategies that led to top percentile returns since inception

- Biggest wins and losses

- Trading vs venture investing

- How to succeed as an Analyst

And much, much more

Host: Jason Choi @mrjasonchoi . Not financial advice.

--

Tangent is a private holdings company managing personal assets and is not a licensed investment advisor nor does it manage or accept any external capital. Nothing discussed is a solicitation for investment and is for entertainment purposes only.

--

Timestamps:

(00:00) Introduction

(01:19) What is Tangent Ventures?

(08:22) What is an 'evergreen portfolio'

(10:09) Angel, Venture, LP, and Liquid investing

(10:00) Employee-owned

(13:59) Crypto investment categories

(16:00) NFT investing strategy

(18:30) Coordination networks

(21:02) Tangent's thesis categorization

(21:54) Tangent's big wins

(27:10) Trading vs venture execution

(29:49) Stacks: Bitcoin L2 & Ronin: Web3 Gaming

(35:38) ETH/BTC

(40:46) Investing mistakes

(47:15) Investment process & team structure

(1:03:03) ETH ETF implications

(1:10:15) BTC thesis

(1:14:19) Arweave thesis

(1:21:20) Q&A

(1:31:34) Darryl's biggest lose in crypto

(1:33:27) Succeeding as an Analyst

(1:38:20) Continuing to learn

(1:43:12) Outro

--

Twitter accounts:

Jason Choi's Twitter:

https://twitter.com/mrjasonchoi

Darryl Wang's Twitter:

https://x.com/0xWangarian

Blockcrunch Twitter:

https://twitter.com/theBlockcrunch

--

Blockcrunch VIP:

https://blockcrunch.substack.com/

--

Disclaimer:

The Blockcrunch Podcast ("Blockcrunch") is an educational resource intended for informational purposes only. Blockcrunch produces a weekly podcast and newsletter that routinely covers projects in Web 3 and may discuss assets that the host or its guests have financial exposure to. Views held by Blockcrunch's guests are their own. None of Blockcrunch, its registered entity or any of its affiliated personnel are licensed to provide any type of financial advice, and nothing on Blockcrunch's podcast, newsletter, website and social media should be construed as financial advice. Blockcrunch also receives compensation from its sponsor; sponsorship messages do not constitute financial advice or endorsement.

Full disclaimer: https://blockcrunch.substack.com/about

Today Jason and Sanat sit down to discuss bear markets. Jason kicks things off with an explanation of his bear market framework. The two then review token creation vs token value in the current cycle, defining a 'bear market', as well as investment time horizons. Jason and Sanat also review the Major vs Alts debate, how to weather down cycles, as well as sharing bear market horror stories. The two close with a discussion around bull cycle signals and how to assess a possible re-entry—enjoy!

Host: Jason Choi @mrjasonchoi . Not financial advice.

Timestamps:

(00:00) Introduction

(05:12) Jason's bear market framework

(13:16) Token creation vs token value

(14:48) 'Bear market' definition

(23:53) Time horizons

(31:52) pump.fun

(33:19) Majors vs alts

(41:48) Short vs longterm convictions

(42:26) Bear market stories

(44:10) Weathering down cycles

(48:33) Bull signals

(50:34) When to re-enter

(55:02) Outro

Yield Guild Games (YGG) is a web3 guild protocol that enables players and gaming guilds to find their community, discover games and level up together. Its mission is to become the leading community-based user acquisition platform in web3 gaming through fun quests that help players build their onchain reputation

Find out more at https://investors.yieldguild.io/

Twitter accounts:

Jason Choi's Twitter:

https://twitter.com/mrjasonchoi

Sanat Kapur's Twitter:

https://twitter.com/kapursanat

Blockcrunch Twitter:

https://twitter.com/theBlockcrunch

YGG Twitter:

https://x.com/YieldGuild

Blockcrunch VIP:

https://blockcrunch.substack.com/

Disclaimer:

The Blockcrunch Podcast ("Blockcrunch") is an educational resource intended for informational purposes only. Blockcrunch produces a weekly podcast and newsletter that routinely covers projects in Web 3 and may discuss assets that the host or its guests have financial exposure to. Views held by Blockcrunch's guests are their own. None of Blockcrunch, its registered entity or any of its affiliated personnel are licensed to provide any type of financial advice, and nothing on Blockcrunch's podcast, newsletter, website and social media should be construed as financial advice. Blockcrunch also receives compensation from its sponsor; sponsorship messages do not constitute financial advice or endorsement.

Full disclaimer: https://blockcrunch.substack.com/about

Today Jason is joined by Arch Network CEO, Matt Mudano and CTO Amine ElQaraoui to discuss Bitcoin programmability. Matt and Amine kick things off by explaining why building on Bitcoin makes sense, how Ordinals were the catalyst, and the possibilities of Bitcoin programmability. The conversation then turns to multisig security assumptions on Bitcoin, BitVM, and the dApp endgame. The two then provide a deep dive on what Arch Network is, the challenges they've overcome, as well as their future roadmap. The discussion also touches on programmability unlocks, cost vs security, and much more—enjoy!

Host: Jason Choi @mrjasonchoi . Not financial advice.

Timestamps:

(00:00) Introduction

(02:29) Why build on Bitcoin?

(07:38) Ordinals as a catalyst

(10:21) Bitcoin L2 programmability possibilities

(13:27) L2 multisig security assumptions

(15:34) BitVM

(16:21) Ethereum vs Bitcoin dApp endgame

(18:46) Arch Network challenges

(20:21) What is Arch Network?

(24:46) Pain ponts of bridging

(28:10) Bitcoin programmability unlocks

(30:54) Cost vs Security

(32:45) Future of Bitcoin dApp ecosystem

(38:09) Arch Network roadmap

(42:54) Outro

Yield Guild Games (YGG) is a web3 guild protocol that enables players and gaming guilds to find their community, discover games and level up together. Its mission is to become the leading community-based user acquisition platform in web3 gaming through fun quests that help players build their onchain reputation

Find out more at https://investors.yieldguild.io/

Twitter accounts:

Jason:

https://x.com/mrjasonchoi

Matt:

https://x.com/proofofmud

Amine:

https://x.com/amine_elqaraoui

Blockcrunch:

https://twitter.com/theBlockcrunch

YGG Twitter:

https://x.com/YieldGuild

—

Blockcrunch VIP:

https://blockcrunch.substack.com/

Disclaimer:

The Blockcrunch Podcast ("Blockcrunch") is an educational resource intended for informational purposes only. Blockcrunch produces a weekly podcast and newsletter that routinely covers projects in Web 3 and may discuss assets that the host or its guests have financial exposure to. Views held by Blockcrunch's guests are their own. None of Blockcrunch, its registered entity or any of its affiliated personnel are licensed to provide any type of financial advice, and nothing on Blockcrunch's podcast, newsletter, website and social media should be construed as financial advice. Blockcrunch also receives compensation from its sponsor; sponsorship messages do not constitute financial advice or endorsement.

Full disclaimer: https://blockcrunch.substack.com/about

Today Jason and Sanat breakdown the ETH ETF approval news. They discuss the custody unlocks thanks to the ETF, what price activity might look like as a result of inflows, the implications for Lido, NFT's, and EigenLayer. As well as wider ramifications on L2s and what this could mean for memecoins. The two then discuss the slow down in activity on Ethereum's L1 and much more—enjoy!

Host: Jason Choi @mrjasonchoi . Not financial advice.

Timestamps:

(00:00) Introduction

(04:01) ETH ETF approval

(10:14) Custody unlocks & inflow price impacts

(19:24) Lido implications

(26:07) NFTs as beneficiaries of ETH price appreciation

(31:14) EigenLayer as beneficiary of ETH price appreciation

(37:04) L2 impacts

(42:23) Memecoin impacts

(46:28) Building on ETH L1

(49:10) 0-1 projects

(50:04) Outro

Yield Guild Games (YGG) is a web3 guild protocol that enables players and gaming guilds to find their community, discover games and level up together. Its mission is to become the leading community-based user acquisition platform in web3 gaming through fun quests that help players build their onchain reputation

Find out more at https://investors.yieldguild.io/

Twitter accounts:

Jason Choi's Twitter:

https://twitter.com/mrjasonchoi

Sanat Kapur's Twitter:

https://twitter.com/kapursanat

YGG Twitter:

https://x.com/YieldGuild

Blockcrunch VIP:

https://blockcrunch.substack.com/

Blockcrunch Twitter:

https://twitter.com/theBlockcrunch

Disclaimer:

The Blockcrunch Podcast ("Blockcrunch") is an educational resource intended for informational purposes only. Blockcrunch produces a weekly podcast and newsletter that routinely covers projects in Web 3 and may discuss assets that the host or its guests have financial exposure to. Views held by Blockcrunch's guests are their own. None of Blockcrunch, its registered entity or any of its affiliated personnel are licensed to provide any type of financial advice, and nothing on Blockcrunch's podcast, newsletter, website and social media should be construed as financial advice. Blockcrunch also receives compensation from its sponsor; sponsorship messages do not constitute financial advice or endorsement.

Full disclaimer: https://blockcrunch.substack.com/about

In today's episode Jason sits down with Yield Guild Games Co-Founder Gabby Dizon! Gabby discusses YGG's origin story, the future of P2E, and scholarships. As well as how YGG reviews the Web3 gaming landscape, Gabby's lessons from his days in Web2 gaming, plus Gabby shares his top up and coming Web3 games! To finish, Jason and Gabby discuss the Guild Protocol, quest elements and upcoming integrations for YGG, future verticals, and much more—enjoy!

Host: Jason Choi @mrjasonchoi . Not financial advice.

Timestamps:

(00:00) Introduction

(03:20) YGG origin

(08:06) Play-to-earn and scholarships

(10:13) Guild success

(12:32) Gaming ecosystem analysis

(17:19) Lessons learned from Web2

(20:13) Up and coming Web3 games

(21:22) Guild protocol

(29:54) Quest elements & community integration

(33:11) Other verticals

(36:45) Potential threats to YGG

(38:42) YGG's roadmap

(40:22) Outro

Yield Guild Games (YGG) is a web3 guild protocol that enables players and gaming guilds to find their community, discover games and level up together. Its mission is to become the leading community-based user acquisition platform in web3 gaming through fun quests that help players build their onchain reputation

Find out more at https://investors.yieldguild.io/

Twitter accounts:

Jason Choi's Twitter:

https://twitter.com/mrjasonchoi

Gabby Dizon's Twitter:

https://x.com/gabusch

YGG Twitter:

https://x.com/YieldGuild

Blockcrunch VIP:

https://blockcrunch.substack.com/

Blockcrunch Twitter:

https://twitter.com/theBlockcrunch

Disclaimer:

The Blockcrunch Podcast ("Blockcrunch") is an educational resource intended for informational purposes only. Blockcrunch produces a weekly podcast and newsletter that routinely covers projects in Web 3 and may discuss assets that the host or its guests have financial exposure to. Views held by Blockcrunch's guests are their own. None of Blockcrunch, its registered entity or any of its affiliated personnel are licensed to provide any type of financial advice, and nothing on Blockcrunch's podcast, newsletter, website and social media should be construed as financial advice. Blockcrunch also receives compensation from its sponsor; sponsorship messages do not constitute financial advice or endorsement.

Full disclaimer: https://blockcrunch.substack.com/about