Kyle Samani & Tushar Jain: Multicoin Capital – An Update From the Thesis-Driven Investment Firm
Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed Technologies
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The Long Term Value Capture and Defy in Cryptocurrency
The capital market is a voting machine, Ind the long term, its a weighing machine. And it's really about your ability to capture value over the long run. We uniswat built something innovative and really cool, especially given the gas constraints of etherium. But we just didn't see a way for a token in that system to sustainably capture value. In terms of defy er, i mean, you guys were early to to the defy game, but there were also very notable exceptions where you decided to invest in defy projects that would have been a pretty lucrative.
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