Tom Dunleavy

Ryan Berckmans, an ETH OG and community member, and Tom Dunleavy, Head of Venture at Varys Capital, delve into the bull case for Ethereum. They discuss Ethereum's notable pivot, value proposition, and the implications of Layer 1 and Layer 2 dynamics. The conversation highlights Ethereum's challenges and successes, as well as economic factors like block space pricing. They also explore future growth strategies and competition within the crypto landscape, offering insights into personal investment approaches in a rapidly evolving market.

Guests Tom Dunleavy, Head of Venture at Varys Capital, and David Kostiner, Chief IP Officer at ARIA, dive into the intersection of crypto, AI, and intellectual property. They discuss the implications of Telegram's AI partnership and FTX distributions impacting the market. Dunleavy highlights recent shifts in consumer confidence and venture investment strategies, while Kostiner explores the groundbreaking idea of tokenizing music IP, showcasing how blockchain can create new revenue streams. A lively conversation about the future of work and enterprise AI agents also unfolds.

Tom Dunleavy, Head of Venture at Varys Capital, argues against the emphasis on Real Economic Value (REV) as a true measure of blockchain strength. Austin Federa, Co-founder of DoubleZero, counters that REV reflects genuine blockchain activity and demand. They dive into whether high REV indicates product-market fit or just noise and discuss the implications of Layer 2 tokens. The debate explores how metrics like REV can be gamed and the future of transaction fees, touching on the broader implications for blockchain valuation.