Chase Chapman and David Phelps join us to discuss what crypto governance gets wrong. This is the most fun conversation we've had on Lightspeed yet! We cover how to make people care about governance, what's holding crypto back, the importance of onchain identity, where Balaji's network state falls short, why you can't L2 your way to PMF and more!

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Timestamps:

(00:00) Introduction

(01:46) What Crypto Gets Wrong About Governance

(11:56) Jokerace: Turning Governance Into Contests

(14:09)  Friend.tech and Making Governance Addictive

(23:43) What’s Holding Crypto Back?

(24:43) Permissionless Plug

(30:29) The Importance of Onchain Identity

(37:57) Crypto’s Tribalism

(44:39) Critiques of Balaji’s Network State 

(50:00) How Will Crypto’s Topology Play Out?

(53:55) Advancing Onchain Literacy

(56:01) You Cannot L2 Your Way to PMF

(59:23) Rapid Fire

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Follow Chase: https://twitter.com/chaserchapman

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Use code LIGHTSPEED30 to get 30% off Permissionless 2023 in Austin: https://blockworks.co/event/permissionless-2023

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Resources

David's Substack

https://davidphelps.substack.com/archive

On The Other Side (Network State episode)

https://spoti.fi/3QFj1sH

Metropolis

https://www.metropolis.space/

https://twitter.com/0xMetropolis

Jokerace

https://jokerace.xyz/

https://twitter.com/jokerace_xyz

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Disclaimers:

Lightspeed was kickstarted by a grant from the Solana Foundation.

Nothing said on Lightspeed is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mert, Garrett and our guests may hold positions in the companies, funds, or projects discussed.