17. David Phelps - JokeDAO and Beyond: The Future of On-Chain Decision-Making
EARLY - The Business of web3 from Bankless Consulting
Release Date: 06/06/2023
EARLY - The Business of web3 from Bankless Consulting
Welcome to EARLY. DSide’s guest today is Jay Steinback of yWhales. Summary Jay discusses their newest project, FinRamp, which focuses on tokenizing real world assets, starting with the voluntary carbon credit market. FinRamp aims to provide a regulated and compliant platform for the trading of these assets, ensuring transparency and trust. The project is built on the principles of RegTech and aims to adhere to traditional finance rules and regulations. Steinbeck emphasizes the importance of regulation in the Web3 space and the need for a legal...
info_outlineEARLY - The Business of web3 from Bankless Consulting
Welcome to EARLY, the podcast about web3 business from Bankless Consulting. DSide's guests today are Dr. Sergey Kachur and 0xHunter. Dr. Kachur is the founder of the UMedHub and UHub protocol, while OxHunter is a software consultant from Bankless Consultancy who collaborated with Dr.Kachur on the project. The protocol seeks to align incentives with purpose in the healthcare profession by rewarding industry professionals for answering questions from the community. The answers are fully audited by other industry professionals, which creates a virtuous reward cycle. The cycle rewards the most...
info_outlineEARLY - The Business of web3 from Bankless Consulting
Welcome to EARLY, the podcast about web3 business from Bankless Consulting. DSide's guest today is Miho Shinke, an operational development trainer and consultant for manufacturing companies and NGOs across Africa, Southeast Asia, and Japan. Miho is distinguished as an ABNLP master coach, which she utilizes to empower individuals and organizations alike by amplifying employee engagement through psychology coaching. In the episode, Miho elaborates on how her training as a master coach in ABNLP merges emotional intelligence with logic, enabling better communication and cohesion between...
info_outlineEARLY - The Business of web3 from Bankless Consulting
Welcome to EARLY, the podcast about web3 business from Bankless Consulting. DSide's guest today is Samantha Marin, a content writer and editor at Aragon and owner/operator of Quorum's newsletter. Samantha is an experienced creative writer and spends her time empathetically breaking down the complexities of Web3 and DAOs through her role at Aragon. She specializes in introductory guides on DAO creation and maintenance and recently contributed to version one of the Aragon DAO creation manual for the Ukrainian Ministry of Digital Transformation. In addition to her work at Aragon, Samantha curated...
info_outlineEARLY - The Business of web3 from Bankless Consulting
Welcome to EARLY, the podcast about web3 business from Bankless Consulting. DSide's guest today is Mark Phillips, the Vice President of Business Development at Nova Labs. Nova Labs is a for-profit entity that operates on the Helium infrastructure, which delivers public wireless coverage in 192 countries for 5G and IoT devices. They offer a disruptive solution for wireless coverage and IoT connectivity. Nova Labs was launched in 2022 to distinguish the for-profit aspect from the open Helium network. In this episode of the podcast DSide and Mark Phillips discuss the community-driven approach,...
info_outlineEARLY - The Business of web3 from Bankless Consulting
Welcome to EARLY, the podcast about web3 business from Bankless Consulting. DSide's guest today is Mike Montgomery, the co-founder and Chief Creative Officer at Remx, a Web3 platform that enables creators to grow their communities with exclusive memberships, rewards, and loyalty programs. The Remx platform consists of three core components: community, rewards, and commerce. The platform will operate as a one-stop shop for creators to build a following and offer token-gated rewards while also incorporating e-commerce, providing a centralized location for community engagement and merchandising....
info_outlineEARLY - The Business of web3 from Bankless Consulting
Welcome to EARLY, the podcast about web3 business from Bankless Consulting. DSide's guest today is Christophe Lassuyt, an experienced Financial Analyst and data-driven insights specialist who co-founded Request Finance in September 2017. Starting as the CFO, he now serves as the CEO. He is a YC W17 alumni and an active member of the web3 CFO club, a community of Finance & Operations leaders in Web3. Prior to his involvement with Request, Christophe held various positions in finance companies, including Moneytis, Euranka, and Amaris, where he served as a co-founder, Chief Financial Officer,...
info_outlineEARLY - The Business of web3 from Bankless Consulting
Welcome to EARLY, the podcast about web3 business from Bankless Consulting. DSide's guest today is Caio Leta, Head of Research at Arthur Mining. Caio Leta's unique transition from geologist to Head of Research at a Bitcoin mining company presents an intriguing perspective on everything Bitcoin. The conversation begins with an introduction to Caio and his work at Arthur Mining, setting the stage for a deep dive into the intricacies of Bitcoin, its adoption, and its potential as a store of value. Caio's unique perspective on the future of Bitcoin and the concept of "Bitcoin First" provides...
info_outlineEARLY - The Business of web3 from Bankless Consulting
Welcome to EARLY, the podcast about web3 business from Bankless Consulting. DSide's guest today is Juan Montoya, co-founder and CEO of Rokk3r. Juan is a Web3 enthusiast who has a history of building and scaling technology-enabled business models. Prior to founding Rokk3r, Juan spent 8 years working in management consulting and Big Data modeling in economic recovery models for the government. Originally from Colombia, he graduated from Suffolk University before moving to DC, where he got his early career experience working in the 2008 financial crisis aftermath. After working for nearly a...
info_outlineEARLY - The Business of web3 from Bankless Consulting
Welcome to EARLY, the podcast about web3 business from Bankless Consulting. DSide's guest today is Nanne Dekking, the co-founder and CEO of Artory. Nanne is a renowned figure in the art world, known for his expertise in art history, art finance, and investment. He has played significant roles in prestigious institutions, advisory firms, and auction houses, including serving as Wildenstein & Co.'s vice president and holding the portfolio of assistant curator of the Historical Collections of Her Majesty, The Queen of The Netherlands. Dekking's passion for art and his deep understanding of...
info_outlineWelcome to EARLY, the podcast about web3 business from Bankless Consulting.
DSide's guest today is David Phelps, CEO of JokeDAO, a platform that enables on-chain contests and decision-making. They delve into various topics surrounding blockchain technology and its potential impact on everyday people.
David shares his favorite use cases of blockchain, highlighting the importance of investing in blockchain infrastructure and use cases that address the needs and desires of regular individuals in the Web3 world. He mentions projects like ZKTech, Inter-Blockchain Communication Protocol from Cosmos, the Arweave Ecosystem, and the potential of Web3 social media platforms that allow users to own and control their data across different platforms.
The discussion moves on to the problems that blockchain can solve for the everyday person, exploring its potential for transparency, security, and decentralized governance. David also shares his thoughts on the development of DAO (Decentralized Autonomous Organization) governance, acknowledging the current challenges while expressing optimism for future improvements.
The conversation then shifts to the generations of crypto, with David highlighting the different focuses and priorities of the (self-coined) Bitcoin libertarians of 2014, the DeFi enthusiasts of 2017, and the DAO & community-focused individuals of 2020. He emphasizes the need to continuously learn and adapt in the ever-evolving crypto space.
The podcast explores the intersection of AI and blockchain development, discussing the strengths of AI in subjective tasks and its limitations in objective tasks such as pattern matching. David also touches on the topic of tokenization, stating that while not everything needs to be tokenized, a core token such as Ethereum can serve as the foundation for various use cases across society.
The conversation concludes with insights into the globalization of crypto and the cultural differences in crypto adoption between Japan and the USA. David shares his thoughts on the future of crypto and his dream project in the Web3 space.
Throughout the episode, David shares personal anecdotes, adding a lighthearted touch to the conversation. Overall, this episode provides listeners with a deeper understanding of blockchain technology, its potential applications, and the evolving landscape of the crypto world.
***Timestamps***
0:00 - David Phelps & JokeDAO Background
2:10 - David’s Favorite Use Case
5:19 - David’s Angel Investments
13:04 - What problems will Blockchain solve for the everyday person?
20:25 - Thoughts on the development of DAO Governance
22:50 - The generations of crypto
26:00 - The next generation of crypto
29:00 - AI & Blockchain development
30:40 - Does everything need to be tokenized?
35:00 - Will the big brains in crypto go global over Americans?
36:55 - Crypto culture in Japan vs. USA
39:30 - Where is the future of crypto going?
46:20 - Dream project in Web3
49:30 - David’s favorite comedians
***Additional Resources***
If you found this show informative, enlightening, fun, or just plain fire - please leave us a review on Apple podcasts to help us grow!
Be sure to follow us and our guest on social media to unlock the latest web3 alpha.
***Links***