Fantasy, History, and the Appeal of Imagining Worlds

In this episode Kinjal Shah, investor at Blockchain Capital, joins us to talk about where she sees the web3 (the third generation of the evolution of web technologies) system today and where it is headed. Kinjal Shah is a Partner at Blockchain Capital. Kinjal leads Blockchain Capital’s research content strategy, conducts investment diligence, and supports their portfolio companies. At Blockchain Capital, she focuses on taking an interdisciplinary approach to investing in the crypto and blockchain ecosystem. In this chapter you will have a clear view of the current state of crypto, how content and value creation are different in Web 3.0, and how it could change the way brands grow and advertise. We talk about the original web and where it struggled, how social tokens work in the Web 3.0 ecosystem, the role of DAOs in the future and some of the missing pieces that are needed to push Web 3.0 in the right direction. You will learn about data availability , labor vs capital, DAOs & how NFTs provide meaning in different ways. Finally, we share some ideas around how to make the world of crypto in general more inclusive to all. Cool founder looking to build things in the crypto world? Dive in! SUPPORT US ON PATREON: https://www.patreon.com/rhyslindmark JOIN OUR DISCORD: https://discord.gg/PDAPkhNxrC Who is Kinjal Shah? Kinjal Shah is an early-stage investor at Blockchain Capital LLC., working with founders building the future of crypto. She is contributing to Komorebi Collective, Ecodao & Des Femmes Magazine, as well as writing in Two Cents by Kinjal & Kinjal.mirror.xyz Kinjal earned her B.S. in Quantitative Economics from Tufts University, with a concentration in Entrepreneurial Studies. Topics: Welcome Kinjal Shah to The Rhys Show!: (00:00:00) Goal for Listeners: (00:01:32) What kicked off Kinjhal’s curiosity in her childhood: (00:02:00) Kinjal’s perspective on web3 in 2022 and the future: (00:06:04) What Kinjal is more curious about: NFT, DAO or DeFi?: (00:08:10) Social use cases Kinjal is excited by: (00:09:21) Thoughts on crypto enabling more localization vs massive aggregation: (00:11:21) Kinjal’s perspective on investing in a “subreddit”: (00:13:28) How communities coordinate their labor: (00:16:38) What the flat structure would look like: (00:18:52) “Crypto twitter” memetic pools Kinjal has been drinking from recently: (00:22:34) Value maze determining what people, DAOs and customers want: (00:25:42) About data availability & how is it connected to blockchains: (00:29:10) Bringing more women in this space: (00:34:23) How to be a nice person in the crypto space & what crypto will look like in the next ten years: (00:37:28) What to focus on to make things right: (00:43:30) Overrated & underrated questions: (00:45:30) Wrap-up: (00:48:00) Mentioned resources: Book Tumblr: https://books.tumblr.com/ Reddit: https://www.reddit.com/ Connect with Kinjal Shah: Two Cents by Kinjal: https://kinjalshah.substack.com/ Blockchain Capital LLC: https://blockchain.capital/ Kinjal.mirror.xyz: https://kinjal.mirror.xyz/ Linkedin: https://www.linkedin.com/in/kinjalshah15 Twitter: https://twitter.com/_kinjalbshah