The Blockcrunch Podcast

In today's Roundtable 005 episode Jason and Sanat are joined by Blockchain Capital's Principle, Yuan Han Li, where the three discuss ETH value accrual, ETH's money utility, before diving deep on infrastructure mechanics and Jason's changing views on ETH. As well as much, much more — enjoy!

Host: Jason Choi @mrjasonchoi . Not financial advice.

Timestamps:

(00:00) Introduction

(01:27) Disagreggation of ETH Value Accrual

(16:20) $ETH as money

(27:40) Modularity conviction

(33:11) Fees as behaviour incentive

(42:16) Off-chain cryptography as Proofs

(50:02) Jason's changing view on ETH

(51:10) Outro

More Resources:

Hosts

Jason Choi's Twitter:

/ mrjasonchoi

Sanat Kapur's Twitter:

/ kapursanat

Yuan's Twitter:

/ yuan_han_li

Watch the episode on Youtube:

https://rb.gy/yki70a

Blockcrunch

Blockcrunch VIP: https://blockcrunch.substack.com/

Blockcrunch Twitter:

/ 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

It's the start of 2024 and you know what time it is - time for predictions! Don't miss this week's thrilling episode where Jason and Sanat unveil their top 9 predictions for the year:

• Will ETH ETF bring about another bull run

• Launch of restaking and future of ETH

• Will Cosmos ecosystem finally take off

• And more!

Host: Jason Choi @mrjasonchoi . Not financial advice.

Timestamps:

(00:00:00) – Episode introduction

(00:02:20) – Will ETH ETF disappoint

(00:08:10) – % of ETH that will be restaked

(00:14:27) – TVL of Yield projects

(00:19:54) – Fees paid by Rollups to ETH

(00:24:25) – ETH's future

(00:32:06) – Will Cosmos finally take off

(00:36:50) – Will Apps outperform Infra

(00:41:21) – Are Telegram Bots here to stay

(00:46:22) – A massive crypto-app will be built on…

More Resources:

Hosts

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

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

Blockcrunch

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 December 2023, Sei Network joined the "billion-dollar network club" in market cap, as its value doubled and its user count skyrocketed. Sei stood out amongst the crypto natives as it claims to be the fastest Layer 1 out there (yes, even faster than Solana) and the first live blockchain to become a parallelized EVM chain.

Today we have Jayendra Jog, Co-Founder of Sei, to share with us

- How did Sei become the fastest blockchain

- What is parallelized EVM and why it's a game-changer

- Sei's roadmap in 2024

- And more!

Host: Jason Choi @mrjasonchoi . Not financial advice.

Timestamps:

(00:00:00) – Episode introduction

(00:01:04) – What is Sei

(00:04:30) – Why is everyone excited for Sei

(00:08:11) – Monolithic vs Modular chains

(00:12:10) – Parallelizing transactions vs sequential

(00:20:46) – Solving state bloat with SeiDB

(00:27:27) – Expanding beyond Cosmos

(00:32:45) – Building on Solana vs Sei

(00:35:25) – Does Neon EVM compete with Sei

(00:37:19) – Why Sei can't be forked as a rollup

(00:40:50) – Sei vs Monad

(00:42:57) – Sei in 2024

More Resources:

Guest

Jayendra Jog's Twitter: https://twitter.com/jayendra_jog

Sei's Twitter: https://twitter.com/SeiNetwork

Blockcrunch

Blockcrunch VIP: https://blockcrunch.substack.com/

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

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

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

Stablecoins represent a significant segment of the cryptocurrency market due to their widespread applicability. So far, stablecoin models range from centralized, fiat-backed variants such as USDT and USDC, to more decentralized models like Maker's DAI, an over-collateralized stablecoin, and the infamous algorithmically-backed UST by Luna.

Despite this variety, the crypto industry still lacks a decentralized, internet-native stablecoin that combines attractive yet sustainable yields. Ethena aims to bridge this gap, offering a novel solution in the stablecoin space. | Today we have Guy Young, Founder of Ethena Labs, to share with us

• What exactly is Ethena' stablecoin model, and how can it be sustainable

• Can Ethena dethrone USDC and USDT

• The future of the stablecoin landscape

• And more

Host: Jason Choi @mrjasonchoi . Not financial advice.

Timestamps:

(00:00:00) – Episode introduction

(00:02:08) – How Ethena was founded

(00:04:30) – How Ethena works & why now

(00:11:19) – Will USDT and USDC be dethroned one day

(00:13:55) – Ethena versus other stablecoins

(00:19:03) – Letting the markets do its job

(00:20:54) – Ethena versus Maker

(00:29:19) – Ethena's value in blackswan events

(00:32:28) – Thoughts on staking staked ETH

(00:34:24) – 3 types of users likely to use Ethena

(00:36:29) – Why can't someone do it themselves

(00:37:52) – Potential products built on Ethena

(00:41:04) – Ethena's path to mass adoption

More Resources:

Guest

Guy Young's Twitter: https://twitter.com/leptokurtic_

Ethena's Twitter: https://twitter.com/ethena_labs

Blockcrunch

Blockcrunch VIP: https://blockcrunch.substack.com/

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

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

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 2021, a few Web 3 games emerged, briefly capturing global attention and demonstrating the potential of this gaming sector.

Fast forward to 2024, numerous game studios are poised to launch their titles, honed over three years. This raises the question: Are we on the cusp of another GameFi revolution, this time for good?

• The Web 3 gaming landscape so far, and what to look forward to in 2024

• Immutable's partnership with Polygon and Immutable

Host: Jason Choi @mrjasonchoi . Not financial advice.

Timestamps:

(00:00:00) – Episode introduction

(00:01:53) – Web 3 gaming in 2023

(00:03:52) – Overview of different Web 3 gaming ecosystems

(00:09:21) – Immutable's business model

(00:12:55) – What game publishers Want

(00:16:42) – What drives players into Web 3 gaming?

(00:19:07) – Deciding which ecosystem to build in

(00:22:21) – Should game create their own rollups?

(00:24:31) – Partnership with Merit Circle & Polygon

(00:31:51) – Partnership with Ubisoft

(00:34:11) – Greatest barriers for Web 3 gaming

(00:37:28) – What to look forward to for Immutable

More Resources:

Guest

Robbie's Twitter: https://twitter.com/0xferg

Immutable's Twitter: https://twitter.com/immutable

Blockcrunch

Blockcrunch VIP: https://blockcrunch.substack.com/

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

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

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

The crypto markets are showing signs of revival. With the recent resolution of Binance's case alleviating market uncertainty, investors are looking forward to 2024 with optimism.

More importantly, what tokens are worth looking at across the various crypto verticals? Jason and Sanat shares their list with viewers this week: In episode 3 of Blockcrunch Roundtable, Jason & Sanat discusses:

• Why resolution of Binance's case is good for the markets

• Top picks for different verticals heading into 2024

Host: Jason Choi @mrjasonchoi . Not financial advice.

Timestamps:

(00:00:00) – Episode Introduction

(00:02:03) – Impacts of Binance's fine & CZ's "retirement"

(00:05:33) – Blur & their L2, Blast

(00:12:06) – Betting on L2s via DA layers

(00:21:16) – Alternative L1s to Ethereum

(00:25:25) – What's next for DeFi

(00:31:30) – The revival of Web 3 gaming scene

(00:38:30) – Other side of real-world assets; DePINS

(00:43:18) – New contender in the Oracle vertical

(00:47:03) – Retail favourite; Meme Coins

More Resources:

Hosts

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

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

Blockcrunch

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

Exploring history offers valuable lessons, enabling us to sidestep past errors and identify markers of excellence. These insights are particularly beneficial in the realm of investing, where understanding historical trends and outcomes can inform smarter, more strategic decisions In episode 2 of Blockcrunch Roundtable, Jason & Sanat discusses:

• 3 verticals that showed promise but ultimately failed to gain traction

• 3 emerging verticals with the potential for significant success

Host: Jason Choi @mrjasonchoi . Not financial advice.

Timestamps:

(00:00:00) – Episode Introduction

(00:03:18) – What Web 3 apps make sense?

(00:06:45) – Will Metamask remain the No. 1 wallet?

(00:13:30) – Why prediction markets never really took off

(00:20:48) – How to invest in DAOs and their tooling

(00:30:11) – Can re-staking take off?

(00:36:05) – Case for and against DePINS

(00:43:33) – Decentralized social and Friend.Tech

(00:53:23) – 1 vertical to never invest, & 1 to spend most time on

More Resources:

Hosts

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

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

Blockcrunch

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

The trading volume of NFTs has markedly decreased since the previous bull market, with a recent figure of merely $37 million per week, a sum that constitutes less than 1% of Bitcoin's daily trading volume. This downturn begs the question: are NFTs facing extinction, or is there potential for resurgence?

Joining us today is Tieshun, widely recognized as Pacman on Twitter and notably the founder of Blur, the singular NFT marketplace that triumphed over Opensea to talk about:

• Why NFTs are not dead

• How Blur successfully dethroned OpenSea

• Outlook for the NFT market and Blur

Host: Jason Choi @mrjasonchoi . Not financial advice.

Timestamps:

(00:00:00) – Episode Introduction

(00:01:33) – Pacman's Web 3 journey

(00:07:31) – How to revive the NFT markets

(00:12:39) – User behaviour in bull vs bear market

(00:14:52) – How Blur dethroned OpenSea

(00:19:59) – Sustainability of Blur's incentive program

(00:27:33) – Key KPIs that matters

(00:35:53) – Blur's stance on royalties

(00:42:34) – Blur's future plans

More Resources:

Guest

Pacman's Twitter: https://twitter.com/PacmanBlur

Blur's Twitter: https://twitter.com/blur_io

Blockcrunch

Blockcrunch VIP: https://blockcrunch.substack.com/

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

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

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 a brand new series - Blockcrunch RoundTable! In this new format, Jason is joined by Sanat, an Investor at Dragonfly to discuss all things crypto - from latest market developments, their investment experiences and future outlooks For this episode, they discussed the top 5 wildest crypto ideas that were funded, and dived into:

• Why they are considered wild

• Their thoughts on what went wrong and right

• Things to look out for in the future

Host: Jason Choi @mrjasonchoi . Not financial advice.

Timestamps:

(00:00:00) – Episode Introduction

(00:04:00) – Yuga Labs' $450 million raise

(00:016:52) – Worldcoin: One of the most controversial crypto project

(00:32:54) – Praxis: Building a real-world city

(00:46:20) – Olympus DAO: Crypto-native reserve currency

(00:57:15) – BreederDAO: Guild for P2E games

More Resources:

Hosts

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

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

Blockcrunch

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

Over the past 5 years, Blockcrunch has been a beacon for the Web 3 community. As we evolve, we're thrilled to announce an upcoming rebrand. Stay tuned for details on our renewed commitment to serving our audience even better!

But before we embark on this new journey, we're celebrating the legacy of our current show. This week, join us as we host Darryl Wang, Co-Founder of Tangent - the angel collective co-founded by our very own Jason - to discuss:

• Bull and bear case for the next 12 months

• Biggest lessons learnt in investing

• 2 bold predictions for the next crypto cycle

• Investing in meme coins

Host: Jason Choi @mrjasonchoi . Not financial advice.

Timestamps:

(00:00:00) – Introduction to Tangent

(00:04:10) – Darryl's entry into Web 3

(00:05:51) – Bullish case for next 12 months

(00:12:04) – Bearish case for next 12 months

(00:15:51) – Consensus ideas that turned out wrong

(00:21:06) – Bringing treasury yields onchain via Maker

(00:24:40) – Is there need for more chains

(00:34:18) – Most hated coin that can do well next cycle

(00:38:08) – Wrapping heads around meme coins

(00:43:24) – Native yield-generating stablecoin

(00:49:31) – Bold prediction for the next cycle

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Today, Filecoin focuses primarily on storage as an open service, but looks to build the infrastructure to store, distribute and transform data.

Read the full 30-page report on the future of Filecoin written by Blockcrunch over here: https://bit.ly/41gLdUm

More Resources:

Guest

Darryl Wang's Twitter: https://twitter.com/0xWangarian

Tangent's Twitter: https://twitter.com/tangent_xyz

Blockcrunch

Blockcrunch VIP: https://blockcrunch.substack.com/

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

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

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