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"Request for Startups" with Erik Torenberg
RFS: Crypto Edition with Imran Khan and Qiao Wang
Feb 23, 2024
Exploring opportunities in Crypto, DeFi, NFTs, and AI with Imran Khan and Qiao Wang. Navigating the space, disrupting incumbents, and evolving strategies. Embracing speculation, creating bold consumer crypto products, and reaching billions of global users. Reflecting on token designs, incentivizing behaviors, and avoiding Web 2 replication. Delving into NFTs, decentralized social platforms, AI in DeFi, and future prospects in the crypto market.
41:08
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Quick takeaways
- Investment in crypto startups has evolved to include various sectors beyond DeFi and infrastructure, showcasing a shift towards more inclusive strategies.
- Creating consumer products in the crypto space requires unique experiences, speculative elements, and hyper-finitization to attract users and succeed.
Deep dives
Evolution of Investing in DeFi and Crypto Startups
The episode delves into the evolution of investing in DeFi and crypto startups. Initially focused on DeFi and infrastructure due to global curiosity about open finance, the investment approach has expanded to various sectors within the crypto economy. Startups now have access to support across different areas within the crypto space, showcasing a shift towards more inclusive investment strategies.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode