my 10 favorite web3 reads of 2021 (in no particular order)
super hard to narrow down but here goes nothing 😆
1 / NFTs make the internet ownable
@jessewldn
I’ve been investing for ~3 years in crypto and I’ve still met only a handful of female founders. I know you're out there, so that's on me🙂
If you're looking to do something in crypto or already doing something, I'd love to meet you!
Gen Z traits I admire:
- they are not camera shy
- they know how to market themselves (tiktok, insta)
- creativity is valued from a young age (everyone's bio reads: influencer / artist / poet / etc)
feels like the next-gen of entrepreneurs will be bigger than ever
I'm a believer in the long-term potential of NFTs.
but I also know there are many open questions and grandiose claims today
vision is important, but the devil is in the details.
Here are 20 Q's about NFTs I'm thinking about:
Recently crossed 50 conversations with crypto female founders, builders, tinkerers, etc 🥳
it's been incredibly rewarding
5 themes that keep coming up - thought I would share
there is no silver bullet - DAOs, NFTs, whatever it may be
all communities require authenticity, creativity, and lots of hard work to be successful
I'm starting to see the term DAO being used as a predictor of sucess, when in fact it is often much more challenging
1/ Collector DAOs are having a moment - here's why I think they'll evolve into digital powerhouses alongside museums, galleries, and historical institutions
I'll cover
- formation
- curation vs. investment
- types of Collector DAOs & more
Extremely excited & proud to share our two new funds at Blockchain Capital
we're as committed as ever to this industry & the founders building the future
We're thrilled to share the closing of 2 new funds – our 6th early stage fund and 1st opportunity fund.
Together, they total $580 million and serve to reinforce our commitment to leading the global transition to decentralized, blockchain-based systems. ↓
the promise of web3, for me, lies in an opportunity to do things differently
my latest for
@FWBtweets
explores tangible steps towards a more inclusive world
A new, timely WIP article just dropped.
“Building an Inclusive World of Crypto” by
@_kinjalbshah
If intentional building isn’t in place as the Web3 landscape continues to grow, we cannot progress towards the new Internet that we want.
decentralization vs. centralization will increasingly become a guiding principle
not just crypto, but journalism, political mandates, company-building, education and more
We’re thrilled to announce
@_kinjalbshah
is now a General Partner!
In her 5 years at the firm, she has been a key member of the investment team and has brought immense support to our Founders.
We couldn’t be prouder to continue growing alongside her.𓇼
the past 5 years of crypto were heavily focused on financial use cases
the next 5 years will be heavily focused on consumer use cases
even better - we'll see how the two will overlap
pretty excited for this future ❤️🔥
It was an incredible week but consistently heard about burnout and stress. Prioritizing mental health is so so important.
Crypto will continue to be a rollercoaster but managing your mind is the most important investment you can make
part of what draws people to DAOs is an opportunity to actually *do the thing* and cut through the red tape
massive opportunity for software that minimizes governance, process, and overhead
Let’s not take the story of ENS and turn into airdrop farmers
Find products you love and use them
The magic can continue if we don’t turn this into a predatory hunt
DAOs with a specialized service starting to emerge
design, marketing, legal, risk, etc.
no more hiring in-house and developing proprietary practices
open source and build it together
many of the largest fintech cos have a crypto strategy:
-
@RobinhoodApp
crypto was cited to onboard 1M+ users
-
@CashApp
bitcoin sales reached ~$875M in 2Q2020
-
@RevolutApp
partnered with Paxos to offer trading
-
@SoFi
offers trading in response to user demand
crypto's culture can be so pervasive and thrilling, it's one of our biggest assets
When I think of crypto, I think: innovative, cypherpunk, creative, kind, curious
When outsiders think of crypto: unlawful, confusing, hype
this has to change
the saying that 99% of NFTs will go to zero frustrates me
we need to move away from measuring success as a zero-sum speculation game
what does success in the NFT-sphere look like? if it's just about profits then I'm not sure what we're doing
1 / it's no secret but "defining the narrative" is one of the most critical pieces of any crypto G2M strategy today
what does this mean exactly? here's a quick case study using the 👑
@eigenlayer
not to be meta but I'm putting together a resource of resources on all things DAOs, Creators, and Communities.
If you have suggestions for what should go in there, please drop them below!! much appreciated 🙏
this country has the memory of a goldfish
buffalo was 44 days ago
uvalde was 34 days ago
roe v wade was 3 days ago
im pissed. stay pissed.
let's not pretend being apolitical is an option
Similar to how the internet trained millions of users to expect fast, instant communication, 2-day delivery, and simple UX
crypto will train users to expect 24/7 markets, instantaneous money transfer and the ability to invest in anything
late 20s feel exponential (at least for me)
relationships are deeper
confidence is solidified
longer-term investments
prioritizing mental health
partner for life
soon to be aunt
+ much more
20-25 vs. 25+ is wildly different
I worry a lot about crypto feeling like an insider game
a few years ago it felt like anyone and everyone could become a part of the community
nowadays there are so many ways to go astray
1 / New experiment! As crypto becomes more mainstream, let's explore what that means. Each week I’ll be larping as Head of Strategy for X company.
How would I be thinking about crypto sitting in that seat?
First up:
@Shopify
X Crypto
my first
@viamirror
post! what does the 2031 investor look like?
this was a super fun thought exercise - an amalgamation of my thoughts from the past few months
also...I learned that I'm not very good at making memes 😂
Public markets are drastically discounting digital wallets, which I believe, are the ultimate evolution of bank accounts
will be fascinating to watch how this plays out if/when digital wallets truly explode
From
@ARKInvest
BigIdeas 2020 report
I'm seeing more groups / spaces for women to get into web3 (I'm incredibly excited about this)
moving forward though, I'll be dedicating my time to *keeping* women in web3
this includes:
- more funding
- hiring
- career strategy
- managing wealth
5/ Forking goes mainstream
Fast forks, pump & dump forks, sustainable forks. There’s a new fork daily
@ianjohnlee
did a great analysis on fork defense strategies
a project I’m working on has me revisiting what has been written about bitcoin - a monster collection of essays, research, and more. Here are a few favorites that helped me understand bitcoin early on
Ok so everyone's talking about defi -but it's a lot of insider baseball and memes
there's a ton of educational content but its spread out. here are 5 resources to catch you up 👇
2 / liquidity mining 👩🌾👩🌾👩🌾
A short-term growth strategy, where users provide liquidity in exchange for rewards, with the goal for incentivizing long term stickiness
Designs vary by timing, $ amount & recipient
COMP was the OG -- but liquidity mining is now table stakes