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Episode Description
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Trove Markets crashed at launch after a hyped ICO. X has pulled the plug on the InfoFi meta. Farcaster has been absorbed.
In this packed Uneasy Money episode, hosts Luca Netz, Kain Warwick and Taylor Monahan delve into how Trove's crash suggests that crypto's ICO struggles persist. Kain suggests X's move to block out InfoFi applications is “bullish” for the platform and the crew explores what's next for decentralized social media along with the takeaways from Farcaster's run.
They also discuss the pervasiveness of wallet poisoning scams, why Cosmos is struggling despite its good tech and why Paradex's rollback suggests that crypto's “code is law” ethos may be dying out.
Don't miss out on how Luca nearly got wrapped up in the Trove drama and Tay's tips to spot suspicious projects. Plus, why Kain thinks two people building with AI could succeed where Farcaster failed.
Hosts:
- Luca Netz, CEO of Pudgy Penguins
- Kain Warwick, Founder of Infinex and Synthetix
- Taylor Monahan, Security at MetaMask
Links:
- Uneasy Money: ICOs Are Back and Why Airdrops Are Instantly Dumped
- X Bans Incentivized Posting Apps, Prompting Shakeup in Crypto Engagement Platforms
- Linda Xie on How Mini-Apps Are Helping Farcaster Take on Web2 Social Media
- Ethereum Sets New Activity Record as Network Upgrades Pay Off
- Paradex Rollback Raises Hard Questions After Pricing Glitch Triggers Liquidations
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