Fat Protocols

In this episode featuring Joel Monegro, you’ll learn:

  • How economic value for decentralized blockchain-based networks tends to be distributed to protocols rather than applications
  • Why shared data, such as user data, in decentralized systems, leads to value creation at the protocol level
  • Why crypto tokens are an essential incentives layer in blockchain networks
  • How tokens lead to a feedback loop incentivizing investment, development, entrepreneurship, and healthy speculation


2016 Great Listen Nominee  👑

Recommended For
Beginner
Intermediate
Advanced ✅
Technical

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About The Author

Joel Monegro twitter is a co-founder at Placeholder Capital, a cryptocurrency investment fund.  Prior to Placeholder Capital, Monegro was an analyst on the investment team at Union Square Ventures, a venture capital firm that has invested in Polychain Capital, MetaStable Capital, Coinbase, and Numerai amongst others.

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