The WLD Show

Will brings on Evan Lai to chat about what we learned in Web3 this week. We discuss 3 Arrows Capital failing to meet margin calls and how Merit CircleDAO turned against one of its earliest investors.

Links discussed in episode:

• anthonyleezhang.eth: 3AC in trouble
• Zac Prince: BlockFi liquidating 3AC
• Danny: 3AC taking $1MM from trading account
• Tim Connors: Merit Circle DAO vs YGG

Tell us what you think by DM'ing @wiiichang. If you liked this episode, you can find more episodes at wld.show!

Sriram Krishnan is a general partner at Andreessen Horowitz, investing in crypto/web3. Prior to a16z, Sriram led product teams at consumer social platforms - Snap, Facebook, and Twitter.

Together with his wife and cohost Aarthi, he broke the Internet during Covid, hosting the Good Time Show on Clubhouse. Where he brought on guests like Elon Musk, Mark Zuckerburg, and Virgil Abloh.

Learn more about Sriram and a16z Crypto:

• Sriram Krishnan Twitter: @sriramk
• Sriram Krishnan Website: https://sriramk.com
• The Good Time Show: https://www.thegoodtimeshow.club
• a16z Crypto Website: https://a16zcrypto.com
• a16z Crypto Canon: https://a16z.com/2018/02/10/crypto-readings-resources
• a16z 2022 State of Crypto Report: https://a16zcrypto.com/state-of-crypto-report-a16z-2022/

In this episode we discuss:

• Behind the scenes story of hosting Elon Musk on Clubhouse
• The preparation and psychology of preparing live shows
  • John le Carre - “In the first minute or so of the host talking to him, the host made le Carre feel like you’re going to be okay - we’re going to take care of you.”
• Favorite episode stories: Calvin Harris, Naomi Osaka
• Why Sriram moved from investing in Consumer to Crypto at a1z6
• How to get onboarded into Web3
• How a16z Crypto team id structured
• The Web2 to Web3 migration
• Why social media is right for Web3
• Differences between Operator and Investor
• Differences between Angel and VC
• What Sriram looks for in founders

Tell us what you think by DM'ing @wiiichang. If you liked this episode, you can find more episodes at wld.show!

atareh.eth is the founder of Degen University. Where he has a daily youtube vlog, a daily podcast, and a weekly newsletter - educating Web3 degenerates. He’s written two online guides - How to launch your own NFT project - and how to pass on your crypto assets to the next generation. What caught my attention is his incredible tweet threads.

In this episode, we discuss his favorite NFT projects, go over some of his tweet threads, and his writing process as a creator.

Learn more about atareh.eth and Degen University:

• atareh.eth’s Twitter: @atareh
• atareh.eth’s Best Twitter Threads
• Degen University Website: https://degenuniversity.co
• Daily Degen Youtube
• Daily Degen Podcast
• Degen University Newsletter

In this episode we discuss:

• atareh.eth’s journey into Web3
• atareh.eth’s writing process to enable him to produce daily quality content
• What makes an NFT project like 10KTF so compelling - stories.
  • “It’s the strength of stories and lore that bring people in, not the airdrops, not the PFP art”
  • Twitter thread: https://twitter.com/atareh/status/1450877572854779911
  • Twitter thread: https://twitter.com/atareh/status/1512156019358515227
  • Twitter thread: https://twitter.com/atareh/status/1515782392581083139
  • Twitter thread: https://twitter.com/atareh/status/1515176641814794245
• The psychology of NFT communities
  • Twitter thread: https://twitter.com/atareh/status/1497718907464867842
• Explaining cc0 (Creative Commons Zero) NFTs: NounsDAO and Cryptoadz
• Explaining Opensea’s Seaport Protocol and what it means for the NFT ecosystem
  • Twitter thread: https://twitter.com/atareh/status/1528126971846066176
• Writing a thread on wallet security and having it go viral
  • Twitter thread: https://twitter.com/atareh/status/1526636736759181313
• Tactics Atareh uses when writing

Tell us what you think by DM'ing @wiiichang. If you liked this episode, you can find more episodes at wld.show!

Will brings on Evan Lai to chat about what we learned in Web3 this week. We discuss the potential bank run on Celsius due to the de-pegging of Lido's stETH.

Links discussed in episode:

• Small Cap Science: The Lido stETH Depeg and Celsius Bank Run Thread

Tell us what you think by DM'ing @wiiichang. If you liked this episode, you can find more episodes at wld.show!

Linus is the VP of Product at Origin Protocol. Linus previously worked as the Director of Product at Coinbase. He led the teams behind some of Coinbase's most beloved products: Coinbase Earn, Coinbase Card, Coinbase Pay, crypto payroll, gifting, peer-to-peer payments, and international transfers. Before Coinbase, Linus led product at companies like Tesla, Pinterest, and LinkedIn.

In this episode, we discuss Linus’ experience building Coinbase and his new role at Origin Protocol.

Learn more about Linus and Origin Protocol:

• Linus’ Twitter: @linuschung
• Origin Protocol Website: https://www.originprotocol.com
• Origin Protocol Discord

In this episode we discuss:

• Catching up with Linus
• Key principles US companies need when expanding into China
• Lessons learned from expanding China
• Focusing on risk and fraud at Coinbase
• What fraud at Coinbase looked like:
  • Identity theft
  • Social engineering
  • Friendly fraud - “Buyer’s Remorse”
• Building and leading the growth team:
  • Doubled user base during 2017 Crypto Winter
  • Tripled user base by the time Linus left
  • Planted seeds for 2020 bull market
  • Growth Insights:
    • Magic moment: First crypto transaction, or really owning Crypto
    • Give aways red pilled people into Crypto
• How Linus is feeling about this crash, what he’s doing this winter
• What are some of Linus’ favorite NFTs and why?
• Leading Coinbase’s international expansion:
• Why Linus loved Coinbase Card
• What Linus is excited to improve in the NFT experience:
  • Mint verification
  • NFT reveal

Tell us what you think by DM'ing @wiiichang. If you liked this episode, you can find more episodes at wld.show!

Will brings on Evan Lai to chat about what we learned in Web3 this week. We discuss the success of Goblintown (https://goblintown.wtf) and speculate what it is.

Sam is a white hat hacker that has rescued hundreds of millions of dollars in the crypto ecosystem by responsibly disclosing vulnerabilities and publishing educational resources. In one of our previous podcast episodes with Dan Robinson - Dan called Sam the Batman of Crypto. Whenever there are large sums of money at stake in the crypto ecosystem, a bat signal is thrown up, and Sam comes in to help save the day.

Sam is currently a Research Partner and the Head of Security at Paradigm - one the most high profile and active crypto native venture firms.

Learn more about samczsun:

• samczsun’s Twitter: @samczsun
• samczsun’s Website: https://samczsun.com

In this episode we discuss:

• What is a white hat hacker?
• Why Sam chose to be a white hat hacker.
• The emotional journey of finding and resolving a vulnerability with millions at stake.
• Differences between white hat hacking in web3 vs. traditional web2
• Why Sam decided to join Paradigm
• Types of bugs in smart contracts:
  • Only exploitable via the owner of the protocol
  • Only exploitable if a hacker has a huge amount of capital
  • Worst bugs: No special permissions or capital
• The story of how Sam saved $9.6m for Lien Finance
  • Recruiting an Ocean's 11 team to escape the MEV Dark Forest
• How Sam found the SushiSwap vulnerability and saved $350MM
• Reverse engineering the $325MM Wormhole Hack
• Designing the hardest hacking competition in crypto: CTF (Capture the Flag)
  • How Sam put together a CTF that blew every crypto hacker’s minds
  • Exploiting an etherscan bug to announce CTF 2022

Tell us what you think by DM'ing @wiiichang. If you liked this episode, you can find more episodes at wld.show!

Continuing our series of exploration of Crypto Coven’s extraordinary community, we bring on two core contributors of Coven Cats: Adrianne and Mensa the Literate.

Coven Cats is a collection of hand-drawn, meticulously generated CATS. A community-driven extension - born out of love and appreciation for Crypto Coven. In this episode, Adrianne and Mensa the Literate shares the process behind creating a community NFT project.

In this episode we discuss:

• How Adrianne and Mensa the Literate were introduced into Crypto Coven
• The inspiration behind Coven Cats
• The relationship between a witch and their cat
• The team behind Coven Cats and the work it took to create the project
• Where to mint a Coven Cat: https://www.covencats.xyz

Learn more about Adrianne, Mensa, and CryptoCoven:

• Adrianne’s Twitter: @dradriannestone
• Mensa the Literate’s Twitter: @mensaisliterate
• Coven Cats Twitter: @coven_cats
• Coven Cats Website: https://www.covencats.xyz

Tell us what you think by DM'ing @wiiichang. If you liked this episode, you can find more episodes at wld.show!

After listening to one of our episodes on Punk6259's Open Metaverse, Phil Huang (DeFiCon) sent us a crazy diagram of Fluf World's decentralized metaverse ecosystem. We couldn't make sense of it, so we asked Phil to come on the podcast to explain it to us.

NFT Layer

• Fluf World - https://www.fluf.world
• Party bears - https://partybear.xyz
• AIFA football - https://aifa.football
• Altered state machine - AI Brains  - https://www.alteredstatemachine.xyz

Metaverse Layer

• Universe - Universe.xyz
• Sylo - https://www.sylo.io/wallet
• EnterDAO - https://enterdao.xyz
  • Landworks - https://landworks.xyz
  • MetaPortal - https://metaportal.gg
• Consortium9 - https://consortium9.co
  • NOR - https://consortium9.co/disrupting-the-play-model

Ethereum L2 Blockchain Layer

• Cennznet - https://cennz.net

L1 Blockchain Layer

• Plugnet - https://plugdefi.io
• Immersve - https://immersve.com
• OTTO Blockchain - https://www.ottoblockchain.com

Summary

• Games to draw people into communities built around different assets
• Each community is built around assets that do different things
• There are now communications between each community - to bring in and plug in different assets
• At the base: linking in real world payments & requirements

Tell us what you think by DM'ing @wiiichang. If you liked this episode, you can find more episodes at wld.show!

Will brings on Evan Lai to chat about what we learned in Web3 this week. We discuss the de-pegging of UST, fall of Luna, and Zagabond's abandoned projects prior to Azuki.

Links

• @jonwu.eth: The $UST Depeg Thread
• @4484: $luna $ust attack was coordinated & executed
• UST’s Do Kwon Was Behind Earlier Failed Stablecoin
• Terra blockchain is halted after token crash increases threat of governance attacks
• UST de-pegging is very parallel to Soro’s Breaking the Bank of England
• Zagabond: A Builder's Journey
• Criticisms on how Zagabond's rug pulls
• Zagabond's Apology
• Zagabond's plan to fix mistakes with abandoned projects

Tell us what you think by DM'ing @wiiichang. If you liked this episode, you can find more episodes at wld.show!