Is There a Way to Value Traditional Tokens?

Most tokens that fall into the utility token or consumer token bucket are overvalued by orders of magnitude. For most of these tokens, you don't actually need to hold them for any length of time. I think staking tokens that are used primarily for work. Are interesting, sure. But obviously very differentnt from currencies and tradition at using traditional frameworks.

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Ryan Selkis - The Crypto Barbell and Token Curated Registries - [Invest Like the Best, EP.98]

This week’s conversation is for those interested in the nitty gritty of cryptocurrencies and for those who, like me, are fascinated by that world but more than a bit skeptical of the investing prospects for the many cryptocurrencies now in existence. My guest is Ryan Selkis, who I met at an event hosted by Union Square Ventures and Blocktower Capital. At that event, in a crowd of many brilliant people, Ryan was consistently asking hard questions and raising counterpoints. I love his perspective because he is both passionate, but realistic, excited about crypto, but worried about many aspects of the ecosystem. We discuss many new topics like his barbell analogy for thinking about different kinds of coins, token curated registries, and the need to better transparency around decentralized projects.

Hash Power is presented by Fidelity Investments

Please enjoy our conversation.

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Show Notes

2:55 - (First Question) – how he best explains blockchain technology

4:12 – How does he categorize each cryptocurrency

9:11 – How Numeraii is valued

10:04 – Explaining token curated registries (TCR)

12:58 – How Token Curated Registries are being applied

15:05 – Innovations that will protect against nefarious actors in the crypto space

16:37 – How do you convince investors to commit to TCR’s