Web 3 Native

Snapshot provides a secured transition to a decentralized voting system for organizations. With their next big move to introduce the fully on-chain SnapshotX, voting becomes truly trustless and immutable. Led by LongHash Ventures’ very own Shi Khai Wei, we’re discussing the following topics with Nathan of Snapshot:

- Importance of DAOs

- Inception of Snapshot

- New Product SnapshotX

- Differences in Security of Snapshot vs SnapshotX

- Voting Models

- Merits of Delegation

- Incentivizing Voting within DAOs

- Core Thesis of DAOs in the 2022 Narrative

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00:00:10 Welcome Remarks

00:01:20 Why DAO is Important

00:07:35 Origin of Snapshot

00:15:45 Mechanism of Snapshot

00:18:40 Snapshot Handles Costs?

00:20:10 Service Partners of Snapshots

00:22:31 True Flexibility of Snapshot

00:27:13 Extending Limits of Voting Conditions

00:34:05 SnapshotX Intro

00:36:07 More Computing Power?

00:41:19 Outlook for DAOs as a whole

00:42:21 Philosophical incentive to Vote

00:58:19 Hybrid on Representative Models

01:02:41 Hybrid Model Delegation on Level of Control

01:06:22 The Ideal DAO

01:09:49 Innovative Example: Decentraland

01:14:26 Making “Year of the DAOs” Happen

01:15:49 Spicy Question: Did Nathan take part in SIMP NFT DAOs & IreneDAOs

01:19:07 Future of Snapshot

01:23:36 Shout Out

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Asia DeFi Network is a venture building unit powered by LongHash Ventures, built to scale crypto projects by leveraging a collective network of top DeFi founders, investors, and institutions. The Network currently enables the DeFi Track of LongHash Ventures’ LongHashX Web 3 Accelerator, which catalyses the growth of DeFi projects through a structured Web 3 native program across verticals such as tokenomics, governance, and community building. This podcast features the members of this Network.

As one of the OG projects of Web 3, Gnosis has had vast experience in finding product market fit, rapidly iterating, and decentralizing into a DAO. In this episode, LongHash Ventures General Partner Shi Khai chats with Stefan George, Co-Founder of Gnosis, to cover:

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- What is a DAO

- The journey of Gnosis

- Tooling DAOs with Gnosis Safe & Reality

- Merging with xDAI

- Managing DAO Treasuries

- Future of DAOs and Gnosis

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00:00:10

How Stefan defines a DAO

00:03:23

How Gnosis was born

00:07:40

Process of Progressive Decentralization

00:10:09

Why Pivot away from Prediction Markets

00:19:19

Gnosis Safe & Multisig Wallets

00:27:18

Zodiac's Reality Module

00:31:29

Does CowSwap use Safe & Zodiac?

00:33:09

Gnosis Chain Merger

00:41:47

Gnosis Chain as the Canary Net for Ethereum

00:44:41

Gnosis' Massive Treasury

00:50:30

DAO Token Swaps

00:53:51

Futarchy

00:58:16

Incentivizing DAO Politicians

01:01:19

Trends in DAO Space

01:05:24

Parting Message

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Asia DeFi Network is a venture building unit powered by LongHash Ventures, built to scale crypto projects by leveraging a collective network of top DeFi founders, investors, and institutions. The Network currently enables the DeFi Track of LongHash Ventures’ LongHashX Web 3 Accelerator, which catalyses the growth of DeFi projects through a structured Web 3 native program across verticals such as tokenomics, governance, and community building. This podcast features the members of this Network.

Grape Protocol has evolved to be more than a toolkit, but the heartbeat of the Solana community. As guest Dean Pappas describes, Grape’s mission is to “accelerate the growth of Solana”. How the protocol does so is unique, featuring:

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- Radical transparency between the core team and the DAO

- Hands-on support of their partner projects

- Incentivisation to access community-created content through membership tiers

- An insistence on international inclusivity, regardless of nationality

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We dive into each of these aspects so you can learn how to DAO. DAO founders and members can’t miss this one.

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Asia DeFi Network Podcast

This podcast features the Members of Asia DeFi Network, a community of crypto founders collaborating on tokenomics, governance, and community building. Hosted by one of the Founding Members of Asia DeFi Network, Shi Khai of LongHash Ventures, we chat with the most innovative founders of Web 3.0 building a more open, inclusive, and equitable financial and social infrastructure.

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About LongHash Ventures

LongHash Ventures is a Web 3 investment fund and accelerator collaborating with founders to build their Web 3 model and tap into the vast potential of Asia. In January 2021, we launched a DeFi-focused fund and invested in projects such as Balancer, Acala Network, Instadapp, and Zapper. We collaborated with their founders to develop their tokenomics, governance, and communities through Asia DeFi Network.

With our LongHashX Accelerator, we have partnered with Polkadot and Filecoin to build more than 40 global Web 3 projects which have raised more than $100m in the past 3 years. Through such investments and active collaboration, we are committed to realising our mission of catalyzing growth for the next generation of the Web.

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Website: https://longhash.vc/

Twitter: https://twitter.com/LongHashVC

Medium: https://longhashsg.medium.com/

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The Asia DeFi Network podcast is for informational purposes only and should not be considered as financial advice. LongHash Ventures may own some of the positions mentioned in the podcast.

Potentially the final project to occupy Polkadot’s first batch of parachain slots, Manta Network is developing the building blocks to a fully private DeFi ecosystem. Its canary net, Calamari Network, is a parachain on the Kusama Network, and it has built a fully-private payments mechanism and a fully-private DEX. In this podcast, we discuss:

-Why privacy is important in a transparent #Web3 world

-How Manta Network differentiates from privacy tokens such as Monero

-What interoperability on Polkadot unlocks for Manta Network

-Manta Network’s target users: Institutions or Retail

-What you can expect if Manta wins a slot in the first batch of parachain auctions

Website: longhash.vc/

Twitter: twitter.com/LongHashVC

Medium: longhashsg.medium.com/

The Asia DeFI Network podcast is for informational purposes only and should not be considered as financial advice. LongHash Ventures may own some of the positions mentioned in the podcast.

Bradley Miles from Roll is hell-bent on empowering creators. His project, Roll, a social token issuer, aims to increase the GDP of the creator economy, shifting power & ownership from Web 2 platforms to Web 3 creators themselves. In this Asia DeFi Network podcast episode, Bradley Miles shares:

- How social tokens empower creators to own their economies,

- The potential utility they unlock

- How Roll bridges Web 2 and Web 3

- The social token use cases of the future

00:00:10 Introduction

00:01:07 Bradley's Crypto Journey: Coindesk OG

00:02:45 Why Social Tokens

00:05:05 Introducing Roll: Increase GDP of the Creator Economy

00:06:56 Social Token Purposes

00:11:45 Future Utility of Social Tokens

00:14:28 How social tokens differentiate from loyalty points

00:17:43 Leveraging Ethereum Composability

00:18:10 How social tokens attract liquidity

00:20:38 Integrating DeFi into Social Tokens

00:23:18 Should creators use NFTs or Social Tokens?

00:28:37 Social Token Economics

00:32:38 Bridging Web 2 Platforms with Web 3

00:37:05 Technical: Bridging Web 2 & 3

00:41:20 Creator Coin Tokenomics on Roll

00:44:15 Roll's Business Model

00:46:40 Tokenizing Roll

00:50:36 Bradley's Announcements, Hiring

00:51:50 1 & 5-year Predictions

00:55:22 How about a Bradley Token?

00:57:13 Social Tokens and Non-Profits

00:59:44 Opportunity to Tokenize Public Goods

01:03:51 Challenges & Risks of Social Tokens

01:05:47 Mitigating the Threat of Sybil Attacks

01:07:26 Parting Words

Asia DeFi Network is a venture building unit powered by LongHash Ventures, built to scale crypto projects by leveraging a collective network of top DeFi founders, investors, and institutions. The Network currently enables the DeFi Track of LongHash Ventures’ LongHashX Web 3 Accelerator, which catalyses the growth of DeFi projects through a structured Web 3 native program across verticals such as tokenomics, governance, and community building. This podcast features the members of this Network.

Website: longhash.vc/

Twitter: twitter.com/LongHashVC

Medium: longhashsg.medium.com/

The Asia DeFI Network podcast is for informational purposes only and should not be considered as financial advice. LongHash Ventures may own some of the positions mentioned in the podcast.

Excited about a multichain world? Polkadot will turbo-charge it and Moonbeam will play a prominent role. LongHash Ventures’ GP Shi Khai returns to speak with Derek Yoo, co-founder of Moonbeam on Polkadot and Moonriver on Kusama. We’ll discuss the immense potential that Polkadot’s cross-chain interactions will unlock, before diving into the parachain auctions, the future of Kusama, and what we can look forward to with Moonbeam.

00:00:10 Intro to Derek's Background

00:04:16 Why Polkadot & Moonbeam

00:10:20 Multichain Network Effects

00:14:31 Potential for Cross-chain Interaction on Polkadot

00:18:11 Lido on Polkadot

00:19:22 Intro to Parachains

00:20:45 Benefits of Parachain Auctions

00:22:53 Learnings from Kusama

00:28:14 Community Influence on Auctions

00:32:50 Moonbeam's Value Proposition

00:36:23 Evolution of Kusama

00:39:59 Implications of Unstaking DOT/KSM

00:47:05 How to Accumulate a Treasury

00:54:35 Crowdloan Shoutout

Asia DeFi Network is a venture building unit powered by LongHash Ventures, built to scale crypto projects by leveraging a collective network of top DeFi founders, investors, and institutions. The Network currently enables the DeFi Track of LongHash Ventures’ LongHashX Web 3 Accelerator, which catalyses the growth of DeFi projects through a structured Web 3 native program across verticals such as tokenomics, governance, and community building.

Website: longhash.vc/

Twitter: twitter.com/LongHashVC

Medium: longhashsg.medium.com/

The Asia DeFI Network podcast is for informational purposes only and should not be considered as financial advice. LongHash Ventures may own some of the positions mentioned in the podcast.

Go to 00:20:05 to skip the Polkadot & Kusama overview and straight into Astar & Shiden.

Polkadot could serve as the backbone of the future multichain ecosystem, but today, its relay chain only connects blockchains built on Substrate and does not inherently support smart contracts. Astar Network addresses this urgent need by building a smart contract platform for builders while connecting various Layer 1 blockchains (e.g. Ethereum, BSC, Solana): a dApp hub that is birthing projects such as multichain DEXes. In this episode, we provide an overview of Kusama & Polkadot before diving into the 3 main value propositions of Astar/Shiden Network: dApp staking, EVM & WASM compatibility, and the multichain dApp hub.

00:00:10 Introduction

00:02:31 Explanation of Polkadot: Layer Zero

00:03:43 Trends for Parachain Auctions

00:05:42 Sustainability of Crowdloan Returns

00:07:06 Crowdloans vs. ICO Speculation

00:09:42 Effective Strategies for Parachain Auctions

00:11:09 1-year bidding vs. Split & Collaborate

00:13:20 Bridging Kusama & Polkadot?

00:16:49 Community of Kusama vs Polkadot

00:20:05 Intro to Astar/Shiden

00:24:06 Building Journey: Surviving & Pivoting

00:25:44 Aim: From IPO to DAO

00:27:26 From IPO to DAO: Why

00:29:25 Differentiation between Shiden, Karura, and Moonbeam

00:33:36 dApp Staking

00:35:46 Challenges of dApp Staking

00:37:42 Mitigating Risk of dApp Collusion

00:39:12 Network Effects of dApp Staking

00:41:20 Egalitarian Benefits of dApp Staking

00:44:37 Tokenomics around dApp Staking

00:46:12 Types of Projects Expected on Astar/Shiden

00:48:06 Decentralized M&A System?

00:52:09 Integrating Web 2

00:53:09 Supporting WASM on top of EVM

00:56:05 Cross-virtual Machine: EVM & WASM Interaction

00:58:47 Shiden/Astar: A Scalable Multichain dApp Hub

01:01:02 Prioritisation of Chain Integration

01:02:54 Difficulty to Connect with Existing Rollups

01:04:02 Ease of Integration with Layer 2 Ethereum

01:05:52 Why Build a Bridge Themselves

01:08:52 Innovative Use Cases in Multichain Future

01:11:12 What's exciting in the crypto space for Sota

01:12:25 Shaping Culture in Web 3 - Away from Speculation

Website: https://longhash.vc/

Twitter: https://twitter.com/LongHashVC

Medium: https://longhashsg.medium.com/

The Web 3 Native podcast is for informational purposes only and should not be considered as financial advice. LongHash Ventures may own some of the positions mentioned in the podcast.

DAOs represent a potential paradigm shift in how we organize work and meet similarly-minded people. At the forefront of this revolution is Coopahtroopah, a member of more than 100 DAOs across DeFi, NFTs, and Social. Shi Khai and Cooper discuss how Social DAOs are manifesting communities incentivised less by financial gain, but by culture, socialization, and purpose. These organisations include Friends with Benefits, Bankless DAO, and Uniwhales, for instance. Learn about how they are gathering motivated people to achieve various missions, the structures/tokenisation that align their goals, and how DAOs are poised to be crypto’s next big wave.

00:02:36 Intros

00:05:09 Social Tokens

00:08:00 DAO Highlight: Friends with Benefits & Forefront

00:09:55 Seed Club: Social Token Incubator

00:11:46 Learnings from Past Few Months

00:15:40 Genesis of Social Tokens

00:16:35 Quality of Community: Social Communities > ICO Projects

00:20:47 Ensuring Quality: Do we need "Proof-of-Work" for Membership?

00:23:17 How to Balance Inclusion and Contribution

00:25:54 Proof-of-Participation

00:29:44 Balance between Inclusion & Community Quality

00:32:39 Enhancing Inclusion: Fractional Ownership

00:37:55 Sustainability of Social DAOs across Bull & Bear Cycle: Seasons

00:42:16 Social DAO Org Structure & Incentives: Who decides on distribution?

00:45:47 Revenue Models for Social Groups

00:49:37 Convergence with DeFi, NFTs, and DAOs

00:52:47 NTFs (Non-Transferable Fungibles)

00:55:05 Creating On-Chain & Off-Chain Identity

The Web 3 Native podcast is for informational purposes only and should not be considered as financial advice. LongHash Ventures may own some of the positions mentioned in the podcast.

With the gazillion projects ongoing on Polygon at the moment, it's hard to keep up. On top of the Hermez merger and the launch of the Polygon DAO, massive funds have been dedicated for projects building across DeFi and NFTs on Polygon. In this episode, however, Arjun & Ishan condense these initiatives and dive into how they will provide 360 support for founders of Web 3.

00:00:12 Personal intros

00:04:31 Polygon Intro

00:06:46 Culture of Polygon

09:51:00 Merger with Hermez Network: First-ever M&A in Crypto

00:14:59 True Scalability: More scalable than Web 2

00:19:02 Hermez: Alternative to Polygon

00:20:43 Tokenomics of Hermez & Polygon

00:22:06 HEZ & MATIC Token Swap

00:25:07 Consolidation of chains

00:26:36 Polygon Studios: Polygon's Bet on NFTs & Gaming

00:30:56 Relationship between Polygon and Developers

00:35:12 Polygon Studios: Onboarding Web 2?

00:35:55 DeFi For All Fund & The DeFi-NFT Intersection

00:40:20 Polygon: The Onboarding Channel for Mainstream

00:48:19 PolygonDAO: Community-driven Project Incubation

01:01:47 Future Outlook

Disclaimer: All material on the Web 3 Native podcast is for informational purposes only. Please do not consider any content as financial advice. LongHash Ventures may hold positions in the projects or companies mentioned.

“I see Etherscan as an encyclopedia and Nansen as a newspaper.” We speak with Alex, CEO and Co-Founder of Nansen. Nansen is a platform that helps inform crypto investors on their investment decisions with simplified on-chain analytics and wallet labels. We discuss the company's decentralization plans, role in the crypto data landscape, and where Nansen is headed in the future (NFTs?)