August 01, 2023

Why CoinFund Believes Worldcoin Could Become More Popular Than Bitcoin - Ep. 525

1 hour 6 minutes

CoinFund’s Jake Brukhman and Chris Perkins join Unchained to dissect their recent $158 million seed round and the transformation of the investment landscape following the 2022 crypto carnage. As backers of Worldcoin, they confront criticisms about the project's approach of distributing money to individuals who may not fully comprehend the underlying technology. They also delve into why the Coinbase lawsuit could potentially boost the industry, share their perspectives on current crypto legislation, and explore the intersection of AI and crypto.

Listen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Stitcher, Castbox, Google Podcasts, Amazon Music, or on your favorite podcast platform.

Show highlights:

how the fundraising crypto environment changed this past year after the 2022 carnage

what the impact of FTX’s alleged fraud has been

why Chris and Jake believe that the SEC’s lawsuit against Coinbase is bullish for the industry

why Jake believes there's no massive consumer application in web3 yet

how institutions have been building during the bear market

whether Worldcoin solves the sybil resistance problem in crypto and whether it could become more decentralized than Bitcoin

Jake's response to the criticism surrounding the centralization and privacy issues in Worldcoin

the ethical implications of giving free money to people who may not fully understand how their biometric data is being used

what the Composite Ether Staking Rate (CESR) is and what are its two main applications

how the foundational web3 + AI intersection is happening in the compute area

why Chris believes that the crypto market structure bill is not perfect

whether creating proper stablecoin legislation is a very important opportunity for the US

how DeFi should be regulated to ensure that privacy gets protected

Thank you to our sponsors!

Crypto.com

Arbitrum Foundation

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Guests:

Chris Perkins, President of CoinFund

Jake Brukhman, Founder and CEO of CoinFund

Links

Unchained:

Worldcoin Launches Token on Mainnet, Plans to Deploy 1,500 Eyeball Scanning Orbs

Is Sam Altman's Worldcoin the End of People's Privacy?

CoinDesk:

Worldcoin Could Enable Wider Distribution of Crypto Than Even Bitcoin, Says CoinFund,

Worldcoin Releases Tokenomics, Report Geofenced for Some Countries

The Block: What exactly is CoinFund's new Composite Ethereum Staking Rate

What do I think about biometric proof of personhood? By Vitalik Buterin

CoinDesk Indices and CoinFund Announce CESR, the Benchmark Rate for Staking on Ethereum

CoinFund Reinforces Commitment to Web3 Technology with the Close of $158M Seed IV Fund

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By Laura Shin

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