The Delphi Podcast cover image

The Delphi Podcast

Joey Krug: Predicting Augur’s Future and Pantera’s Investment Thesis

Sep 24, 2019
Joey Krug, co-founder of Augur and Co-CIO of Pantera, discusses Augur's future including capabilities and upgrades. They also explore Pantera's investment thesis and process, focusing on team passion, market size, and exponential growth potential. They delve into factors contributing to early project failure and highlight the importance of good corporate culture and execution. The chapter also discusses investment strategies beyond Bitcoin and the tipping point for Ethereum.
51:35

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Augur aims to disrupt the traditional betting industry by offering better odds, lower fees, and increased liquidity.
  • The upcoming Augur V2 will introduce the ability to bet with a stable currency like DAI, improving usability and expanding the potential user base.

Deep dives

Background and Creation of Auger

Joey Krug got started in crypto in 2011 by mining Bitcoin. He later became interested in the possibilities of Ethereum and focused on the benefits of blockchain technology. Krug co-founded Auger, a predictions marketplace, as a use case that leverages blockchain's benefits of censorship resistance and minimal trust. Auger allows users to create and participate in prediction markets on various real-world events, such as elections and sports matches.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode