Jake Brukhman

In this episode of Empire, Jason and Santi are joined by Jake Brukhman, the founder and CEO of CoinFund, to explore the concept of crypto as a public good. We discuss:-- How crypto is a public good, and why that's important-- How public goods can monetize and accrue value-- How crypto will democratize public goods fundingTune in for these answers and more!- -Timestamps(00:00) Introduction(02:23) Defining Crypto's Value Proposition(07:17) Private vs Public vs Common Goods(13:59) Can Public Goods Accrue Value?(28:41) The Tragedy Of The Commons (32:35) What Crypto Skeptics Get Wrong(38:32) Why Users Will Want Decentralized Networks(41:50) A New Business Model To Fund Public Goods(50:03) Rapid Fire Questions- -Follow Jake: https://twitter.com/jbrukh Follow Jason: https://twitter.com/JasonYanowitzFollow Santi: https://twitter.com/santiagoroelFollow Empire: https://twitter.com/theempirepodSubscribe on YouTube: https://tinyurl.com/4fdhhb2jSubscribe on Apple: https://tinyurl.com/mv4frfv7Subscribe on Spotify: https://tinyurl.com/wbaypprw--The Network State by Balajihttps://thenetworkstate.com/--Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/--Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.

Jake Brukhman, CEO of CoinFund and a renowned crypto investor, joins the discussion on the bullish outlook for Ethereum. He predicts ETH could lead a supercycle, with institutional adoption driving its price to new heights. Jake delves into the crucial role of Layer 2 scaling and zero-knowledge technology for enhancing crypto privacy and scalability. He also shares insights on how Worldcoin is crafting a vast Web3 ecosystem, positioning itself as a key player in the future of decentralized finance.

Jake Brukhman, Founder and CEO of CoinFund, discusses the intersection of AI and blockchain technologies, the saturation of early-stage crypto VC market, tokenomics, interoperability trends, shifting LP expectations, and the evolution of crypto VC investments and ETFs.

If you were on the internet for the past 6 months, chances are you have realized that we’re entering into the age of Artificial Intelligence (AI), and maybe even experimented with ChatGPT   As investors, you might have also considered what’s the best way for you to capitalize on this paradigm shift - Jake Brukhman is here to answer that   Jake is the Founder of CoinFund, one of the earliest crypto funds, and has a reputation for being extremely early to large trends. In this episode, he shares with us: Thesis on the Intersection of AI x Crypto Interesting Use Cases for AI in Crypto Will AI Destroy Humanity   Host: Jason Choi @mrjasonchoi . Not financial advice.     Timestamps: (00:00:00) – Introduction to Crypto x AI (00:04:26) – Convergence of AI x Crypto (00:11:19) – Jake’s thesis on AI x Crypto (00:16:18) – Decentralizing computing for AI (00:25:42) – Interesting intersections of AI x Crypto (00:32:12) – Future of AI models (00:35:41) – AI disrupting investing (00:38:59) – Is open source dangerous for humans (00:41:58) – Problems AI builders should be solving     Sponsor message: Filecoin is enabling open services for data, built on top of IPFS.   Today, Filecoin focuses primarily on storage as an open service, but looks to build the infrastructure to store, distribute and transform data.   Read the full 30-page report on the future of Filecoin written by Blockcrunch over here: https://bit.ly/41gLdUm     More Resources: Guest Jake Brukhman’s Twitter: https://twitter.com/jbrukh Jake’s post on Jargon: https://bit.ly/45aSNCU Jake’s article on AI x Web 3: https://bit.ly/435ZTa0 CoinFund’s Website: https://www.coinfund.io/   Blockcrunch Blockcrunch VIP: https://blockcrunch.substack.com/ Blockcrunch Twitter: https://twitter.com/theBlockcrunch Jason Choi’s Twitter: https://twitter.com/mrjasonchoi     Disclaimer: The Blockcrunch Podcast (“Blockcrunch”) is an educational resource intended for informational purposes only. Blockcrunch produces a weekly podcast and newsletter that routinely covers projects in Web 3 and may discuss assets that the host or its guests have financial exposure to. Views held by Blockcrunch’s guests are their own. None of Blockcrunch, its registered entity or any of its affiliated personnel are licensed to provide any type of financial advice, and nothing on Blockcrunch’s podcast, newsletter, website and social media should be construed as financial advice. Blockcrunch also receives compensation from its sponsor; sponsorship messages do not constitute financial advice or endorsement.   Full disclaimer: https://blockcrunch.substack.com/about  

Curtis Yarvin, founder of Urbit, and Jake Brukhman, a key figure in the project, discuss the urgent need to rethink the internet's structure. They delve into the journey from its decentralized roots to a centralized model, highlighting the decline of online communities. Yarvin introduces Urbit as a remedy for compromised digital sovereignty and explores concepts like accountable monarchy in governance. The duo also contemplates the implications of true ownership in the blockchain era and how innovations like personal servers can reshape user experiences.

Casey Caruso, an engineer from Topology investing in frontier tech, William Wolf of Arch Capital focusing on crypto, and Jake Brukhman, CEO of CoinFund at the AI-Web3 junction, discuss the intersection of AI and cryptocurrency. They delve into the skepticism surrounding these technologies and the critical role of open-source models. The conversation highlights the future of decentralized AI, the importance of data ownership, and innovative approaches for enhancing AI capabilities while ensuring privacy and verifiability.

Jake Brukhman, Founder of CoinFund, and Chris Perkins, its President, discuss their successful $158 million fundraising round and the evolving crypto market after 2022's downturn. They explore why Worldcoin could surpass Bitcoin in user adoption despite criticisms over privacy and centralization. The duo also analyzes how the SEC's lawsuit against Coinbase may positively impact the crypto landscape and highlights the crucial intersection of AI and blockchain technology. Ethical concerns regarding biometric data collection in crypto are scrutinized as well.

CoinFund's co-founders Jake Brukhman and Seth Ginns discuss their investment philosophy, current crypto market cycle, intersection of AI and crypto, and importance of decentralization in AI development. They delve into the challenges and opportunities of liquid token investments, evolution of blockchain technology, and potential scenarios for the crypto supercycle.

The podcast delves into the future of AI and Web3, the impact of blockchain on industries like finance and NFTs. ChatGPT's role in the digital landscape is highlighted. Coinfund's investment strategy and potential AI-blockchain projects are discussed, revealing insights into the new Internet leaders.

Discussion on decentralizing AI in Web3, addressing bias, data ownership, and trust. Highlighting the potential of democratizing computing power, the Google Gemini flub, biases in AI algorithms, and the Worldcoin project's role in fair value distribution and civil resistant accounts.