Kain Warwick is the co-founder of the DeFi protocol Synthetix, and a partner at the crypto VC firm Bodhi Ventures.

In this episode, Warwick discusses the brokenness of the traditional venture capital model and how it has led to the emergence of new fundraising mechanisms in the crypto space.

OUTLINE

00:00 Introduction

00:41 Warwick's Crypto Journey

02:37 Synthetix History

04:47 RWA Trends

11:42 Tokenized Commodities

15:15 Crypto VC Trends

25:19 Airdrop Mechanism Design

27:56 Points

31:12 Early-Stage Inefficiencies

40:49 Deal Flow

This episode is brought to you by our sponsor Polkadot

Polkadot is the blockspace ecosystem for boundless innovation. To discover more head to polkadot.network

The Block Community

The Block is launching a new community experience for fans of The Scoop! Follow us on Lens on stay in the loop: hey.xyz/u/theblockcommunity

The Block Newsletters

The Block's newsletters bring you the latest news and analysis of the fast-moving crypto and DeFi markets. To subscribe, visit theblock.co/newsletters

Crypto OG Kain Warwick on how early-stage investing is broken 51:15 Share

The Scoop

Shownotes Transcript

Crypto OG Kain Warwick on how early-stage investing is broken