1/ As a founder in crypto, you are building an early stage tech company VERY publicly

You are required to:

Manage your actual product
Manage the token as a product

A thread on the latter from my experience of managing $XPRT! 2/ Despite the numerous challenges, a token creates unique opportunities for any founder

It is ammo for hiring, marketing, brand building, community building, BD, customer acquisition/retention

1/ The @pStakeFinance team has been hard at work for over a year to deliver the best staking user experience for PoS asset holders while unlocking the liquidity of staked assets.

Below is a 🧵on what the team has built so far and what's in the pipeline 2/ A short summary of key milestones and timelines thus far:

- Q4 2020: Ideation and Mechanism Design

- Q1 2021: MVP and pBridge development

- Q2 2021: Alpha Release, bug bounty, and v1 launch with max deposit caps

- Q3 2021: Phase 1 of Security Audits and Uncapped Launch

Super pumped to announce the fundraise of @PersistenceOne ecosystem project @pStakeFinance, a liquid staking platform focused on multiple PoS assets starting with $ATOM, $XPRT & expanding to other assets such as $ETH, $SOL, $LUNA etc over time

A thread👇

https://twitter.com/pStakeFinance/status/1460613185518465026?s=20

I was not early enough to be a BTC/ETH miner but was early enough in the industry to bet on 'PoS Mining' or validation through @AuditOne_ (rewards from Audit are responsible for initial bootstrapping of all Persistence products during the depths of bear in 2019/20)

#CT has been all about NFTs past few days

Most folks focus on art/gaming/collectibles wrt to NFTs - IMO this HUGELY underestimating the impact of NFTs

NFTs in the context of 'Real-World Assets' (RWAs) address a TAM that is orders of magnitude larger

A tweetstorm 👇 What are RWAs? Mostly business documents representing ownership or claims to assets E.g. business invoices, land titles, bills of lading

Business invoices are especially interesting

Why? Because 80% of world trade takes place on credit terms - a $19.6 Trillion market..with a T!

🚨🚨🚨🚨🚨

1/4 Very excited to launch @cosmosindia_

India has one of the largest & most talented developers globally

We'll be looking to bring them to Cosmos/Tendermint

@adriana_kalpa @catdotfish @cosmos @interchain_io @tendermint_team @jaekwon @zmanian @proofstake @sunnya97

https://twitter.com/cosmosindia_/status/1197068786500689920

2/4 We'll also help Cosmos/Tendermint projects to get exposure to Indian crypto community and developer pool

@Binance_DEX @KiraEx @AragonProject @emoney_com @Sentinel_co @foamspace @terra_money @regen_network @iov_official @irisnetwork @loomnetwork @kava_labs @Lino_Network

WeWork is a a different case

BUT re the recent bashing of IPOs & founders..my belief is that when you’re trying to change the world - you need that charm, fearlessness, ignorance to attract capital, take the risk & have a small chance that it might work

profgalloway.com/yogababble Facebook and several other companies have had lacklustre IPOs..it doesn’t matter in the short run.

Power laws haven’t kicked in for MOST technology companies.

Beyond gaming, gambling and #DeFi as a way to drive #adoption, I have been interested in what makes enterprises & govts move to public Blockchains

Had a chat with a real insider that has implemented multiple Blockchain projects with some of the largest enterprises

A thread 1/ Think about the transition from private to public Blockchains in a similar way the transition happened from the Intranet to Internet

“The innovator has for enemies all those who did well under the old system, and lukewarm defenders in those who might do well under the new.” - Machiavelli

forbes.com/sites/antoineg… Also, good business is good for business

- ESG - Environment, Social, Governance
- Make workers equity holders

Hear Dan from @terra_money (building on @tendermint_team) - one of the stablecoins with the strongest go-to market strategies.

E-comm players @tikivn @thecarousell TMON @PomeloFashion + others doing 30B $ in GMV all part of Terra's alliance

Tune in: Funnilly, we spoke literally 1 hour after Terra's mainnet launch - got an almost real time view on what goes down on mainnet launch

0/ Got a chance to dive deep into the first token sale on which took place in March 2016 (@DigixGlobal) Tweetsorm about some fun facts from this project. 1/ Initially, the founders tried to launch Digix on coloured coins and @CounterpartyXCP before settling on #Ethereum to build.

0/ Quick takeaways from @naval's podcast with @KapilGuptaMD

https://twitter.com/naval/status/1077360801168515077

1/ Management vs leadership - "If you want to build a ship, don't drum up people to collect wood and assign them tasks, but rather teach them to long for the endless immensity of the sea."

Management is assigning tasks. Leadership is getting people to want to do it themselves.