Invest Like The Best
Episode 98 The Crypto Barbell and Token Curated Registries
Invest Like The Best

Episode 98: The Crypto Barbell and Token Curated Registries

The Crypto Barbell and Token Curated Registries

Ryan is the co-founder of Messari, which helps investors, regulators and the public make sense of the cryptoeconomy. We cover the need for better transparency around decentralized projects, Token-Curated Registries, and how people should form investment opinions about this space.

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[00:02:55] – (First Question) – How Ryan best explains blockchain technology

[00:04:12] – How does he categorize each cryptocurrency

[00:09:11] – How Numerai is valued

[00:10:04] – Explaining token curated registries (TCR)

[00:12:58] – How Token Curated Registries are being applied

[00:15:05] – Innovations that will protect against nefarious actors in the crypto space

[00:16:37] – How do you convince investors to commit to TCR’s

[00:18:40] – Biggest headwinds for this industry

[00:22:12] – What are some quality filters to root out the bad actors

[00:25:42] – Thoughts on the ICO market as an alternative to capital raising

[00:29:23] – Litmus test for who should use an ICO to raise capital

[00:34:28] – What is unique about creation of a token vs the normal exchange of cash to determine if a company needs a token

[00:36:21] – How many ICO projects are really necessary

[00:38:28] – How should people form an investment opinion about this space

[00:41:35] – Core mission of his company

[00:44:28] – What are some of the reasons his goals won’t happen

[00:49:30] – Lessons learned while working at Coindesk

[00:49:58] – What is he most excited about for the future of this space

[00:52:56] – Kindest thing anyone has done for Ryan

The Crypto Barbell and Token Curated Registries

Introduction

Patrick
This week's conversation is for those interested in the nitty gritty of cryptocurrencies and for those, who like me, are fascinated by that world, but more than a bit skeptical of the investing prospects for many cryptocurrencies now in existence. My guest is Ryan Selkis, who I met at an event hosted by Union Square Ventures in BlockTower Capital.

At that event, in a crowd of many brilliant people, Ryan was consistently asking hard questions and raising counterpoints. I love his perspective, because he is both passionate, but realistic, excited about crypto, but worried about many aspects of the ecosystem. We discuss many new topics like his barbell analogy for thinking about different kinds of coins, Token-Curated Registries, a fascinating topic, and the need for better transparency around decentralized projects. Please enjoy this conversation.

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