Unchained The Chopping Block: WBTC Drama, Decentralized AI & SEC Subpoenas - Ep. 689
6 snips
Aug 14, 2024 
Shuyao, cofounder of MegaETH Labs and founder of hotpot DAO, shares his insights on the dynamic world of decentralized AI and blockchain tech. The discussion heats up around the recent WBTC drama and BitGo’s Hong Kong move, exploring its implications for the crypto landscape. They also tackle the SEC’s subpoenas affecting token investments, casting shadows on the industry’s future. Lastly, the podcast probes the current cycle’s apparent lack of groundbreaking innovation, questioning what’s next for the crypto community.
AI Snips
Chapters
Transcript
Episode notes
Brother Bing Persona
- Shuyao, in 2020 during DeFi summer, adopted the persona "Brother Bing" on Twitter.
- This was a playful inversion of the trend of men posing as women on the platform.
Hot Pot DAO Origin
- Shuyao started Hot Pot DAO in 2020 at Amcon in Denver due to a lack of Asian food options.
- It has since grown into a decentralized "cult" with chapters hosting events globally.
SBC's Decline
- The hype around Science Blockchain Conference (SBC) has diminished, resembling the trajectory of music festivals.
- Increased investor presence signals oversaturation, and side events now hold more relevance.