The 'kumbaya' era of crypto VC has come to an end, says Dragonfly's Haseeb Qureshi

Max Boonen is the founder of PV01 — a platform that allows issuers to access capital and for investors to purchase debt using blockchain. In this episode, Boonen discusses the challenges of accessing debt capital markets and the potential of tokenization in the crypto space, including the paradigm shift from provider-based markets to token-based markets in DeFi. PV01 uses a special purpose vehicle (SPV) to buy one bond and issue a token that represents the bond. This token is both a representation of a bond and a bond itself.

Mike Cagney is the co-founder and CEO of Figure Markets. In this episode, Cagney discusses the need for a 'marketplace of everything,' the potential for equity trading on the blockchain, and more. OUTLINE 00:00 Intro 07:21 The 'Everything' Platform 12:16 Onchain Equities Trading 17:50 Institutionalization of Crypto 27:12 DeFi Lending 29:59 Rebuilding Crypto's Credit Markets 33:51 Wall Street Appetite for ATS 36:28 Regulatory Considerations 38:09 Closing Thoughts

Soona Amhaz is the managing parter at Volt Capital. In this episode, Amhaz delves into the evolving crypto venture landscape including: challenges for capital allocators, the rise of meme coins, and controversies in token distributions. OUTLINE 00:00 Introduction 03:40 New Venture Verticals 10:30 Last Cycle's Winners 14:29 Mainstream Crypto Adoption 21:26 Macro Impact on Crypto VC 25:44 The 'Memecoin Meta' 30:21 Points vs. Tokens 38:09 Tokenomics Best Practices 42:19 Closing Thoughts

Michael Bentley is the co-founder and CEO of Euler Labs. In this episode, Bentley reflects on last year's $200 million Euler hack and the recovery process and walks through the steps taken to enhance security in Euler V2. Euler V2 is a modular and composable lending platform that allows users to create flexible and secure lending pools.

Roshun Patel is a partner at the Web3 venture capital firm HackVC. In this episode, Chaparro and Patel discuss the recent crypto market volatility and the trends shaping crypto's venture capital landscape. OUTLINE 00:00 Intro 08:11 Market Volatility 25:57 Caution in the Funding Market 32:18 The Intersection of AI and Crypto 43:05 The Future of Tokenomics

Li Jin is a co-founder and general partner at the crypto VC firm, Variant. In this episode, Li analyzes the memecoin phenomenon that has recently swept over the crypto market, and explores how different types of memecoins capture and monetize attention. OUTLINE 00:35 Memecoin Zeitgeist 04:04 The Attention Economy 10:58 Classifying Memecoins 17:40 Trading Memecoins 21:05 Are Memecoins Productive? 23:14 Memetic Analysis 29:10 Memecoins & Marketing Strategies 34:42 Closing Thoughts

Professor J.W. Verret teaches corporate and securities law and financial accounting at George Mason Law School. In this episode of The Scoop,  Verret discusses the potential legal challenges that Uniswap may face from the Securities and Exchange Commission and highlights the similarities between the Coinbase case and the possible claims against Uniswap. Verret says the charges the SEC is likely to bring against Uniswap could include operating as an unlicensed broker dealer, operating an unregistered exchange, and/or selling unregistered securities.

Brandon Mulvihill is the co-founder and CEO of Crossover Markets. In this episode of The Scoop, Mulvihill discusses crypto's changing market structure and the role of Crossover as an execution-only trading venue. OUTLINE 00:00 Introduction and Background 01:07 The Role of Crossover in the Market 04:04 FX & Crypto Trading Similarities 08:22 ECN vs. CLOB Differences 18:30 The Importance of Fee Compression 22:33 Crypto Flash Crashes 26:15 Crypto Market Structure Maturity 29:27 Institutional Credit 34:02 Closing Thoughts

Austin Reid is the global head of revenue and business at FalconX. In this episode of The Scoop, Reid discusses why we are still at the 'early stages' of institutional adoption of crypto, and the role retail traders have played in the market's current rally. OUTLINE 00:00 Introduction 04:12 Market Overview 08:06 FalconX Volume 12:03 Crypto Derivatives 15:55 Interest Rates 19:19 Institutional Adoption 22:10 ETF Flows 26:49 Retail Flows 32:51 Market Maturation 35:06 Exchange Improvements 39:25 Closing Thoughts

Haseeb Qureshi is a managing partner at the crypto VC firm Dragonfly. In this episode of The Scoop, Qureshi explains how the crypto VC landscape has changed during his five years at Dragonfly and why he believes 'points' are a more useful mechanism than airdrops for incentivizing user behavior. OUTLINE 00:00 Introduction 05:41 Dragonfly Early Days 09:45 Early Crypto VC 13:14 Competing in Layer-1s 26:11 Old Blockchains 29:26 Points 31:47 Airdrop Mechanism Design 37:38 Closing Thoughts