

Empire
Blockworks
Empire features interviews with top crypto founders to get the real stories that aren’t shared elsewhere. Empire is your look behind the curtain of the crypto industry. We release two episodes per week: guest interviews on Monday and a weekly roundup on Friday.
Episodes
Mentioned books

Oct 28, 2022 • 51min
Reddit Embraces Web3, Apple NFT Drama & FedCoin | Roundup
In this episode of Empire's Weekly Roundup, we discuss Reddit embracing NFTs, Apple's new NFT policy, the future of stablecoins (FedCoin?), Elon's Twitter takeover and more. Tune in for the spiciest stories and takes of the week!- -Timestamps:(00:00) Intro(02:41) Tech Stocks, VR & Elon Twitter Takeover(14:25) Apple’s NFT Announcement, Bullish?(23:17) Reddit Brings NFTs To $3M+ Users(29:33) What Makes Crypto Special(36:57) FTX Stablecoin Rumors & FedCoin Talk(48:14) Solana Virtual Machine Alpha - -Follow Santi: https://twitter.com/santiagoroel Follow Garrett: https://twitter.com/G_C_HarpFollow Empire: https://twitter.com/theempirepodSubscribe on YouTube: https://tinyurl.com/4fdhhb2jSubscribe on Apple: https://tinyurl.com/mv4frfv7Subscribe on Spotify: https://tinyurl.com/wbaypprwGet top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ -- Circle’s USDC has quickly become one of the most trusted and widely used stablecoins because of its composability, stability and reserve transparency. As a seamless, trusted digital currency, USDC is a zero-to-one opportunity for the global financial system. Check out their Transparency Hub at http://empirepodcast.link/circle that outlines everything from links to USDC weekly reserve reports, monthly attestations, and blog posts written by their executive team highlighting how and why USDC was built the way it is.- -ResourcesVibe Bio Empire Podcasthttps://spoti.fi/3FnQ2UkNudge (book)https://amzn.to/3DbVzuJMatt Levine's crypto manifestohttps://www.bloomberg.com/features/2022-the-crypto-story/Chris Burniske's tweet on the SVM https://twitter.com/cburniske/status/1585346624574083072- - 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.

Oct 24, 2022 • 1h 13min
A Web3 Talent & Token Compensation MasterClass | Zack Skelly, Aurora Harshner
In this episode of Empire, Santi is joined by Zack Skelly and Aurora Harshner to discuss the challenges and opportunities of the Web3 talent market.How should employees and companies think about token compensation? Is compensation transparency an opportunity or a liability? How can we bring more talent to crypto? And what should you think about when joining a Web3 company? Tune in for these answers and more!- -Timestamps:(00:00) Introduction(04:23) Crypto's Talent Pool(13:40) What Positions Are Companies Hiring?(22:05) Hiring Anons, DAOs & The Future of Work(29:06) Circle Ad(30:48) Opportunities & Challenges Of Token Compensation(51:53) Back Channeling and References(58:07) Recruiting Tactics(1:03:36) How Do You Convey Culture?- -Follow Zack: https://twitter.com/zorkaryFollow Aurora: https://twitter.com/aharshnerFollow 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/wbaypprwGet top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ -- Circle’s USDC has quickly become one of the most trusted and widely used stablecoins because of its composability, stability and reserve transparency. As a seamless, trusted digital currency, USDC is a zero-to-one opportunity for the global financial system. Check out their Transparency Hub at http://empirepodcast.link/circle that outlines everything from links to USDC weekly reserve reports, monthly attestations, and blog posts written by their executive team highlighting how and why USDC was built the way it is.- -ResourcesAurora's websitehttps://www.auroraharshner.com/Dragonfly's Job Boardhttps://jobs.dragonfly.xyz/jobsDragonfly's Mediumhttps://medium.com/dragonfly-research- - 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.

Oct 21, 2022 • 56min
Aptos Bull vs Bear, SBF Regulation & Modular Blockchains | Roundup
This podcast discusses the launch of Aptos, a new L1 blockchain, and debates the bull vs bear case for its potential. They also explore SBF's article on crypto regulation, Binance voting on behalf of users, data availability in blockchain systems, and the impact of AI in the crypto industry.

Oct 17, 2022 • 1h 12min
Arbitraging Culture in Size | Meltem Demirors
In this episode of Empire, Jason and Santi are joined by Meltem Demirors to discuss the creation and monetization of culture. We explore how culture is already monetized today, just indirectly, and that crypto-based market microstructure will be the catalyst for the fusion of a new culture-meets-capital paradigm.Where is the market shifting today, and what are the biggest opportunities ahead? Trust me, this is a must-listen if you are interested in NFTs, financial markets or the creation of culture.- -Timestamps:(00:00) Introduction(01:29) Crypto Is A Market Structure Story(06:09) Everything Is Perception & Speculation(12:38) Arbitraging Culture(21:47) Where's The Utility? Culture Is Utility(30:22) Circle Ad(32:05) Why NFT Communities Don’t Scale(36:31) IP, Mimetic Transmission and Community(42:22) Boomer ETH NFTs & Lower Price Points(45:47) The Biggest Opportunities?(57:49) Culture Is Not Emergent, It’s Manufactured(1:08:34) Read Sci-Fi, Here’s Why- -Follow Meltem: https://twitter.com/Melt_DemFollow 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/wbaypprwGet top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/--Circle’s USDC has quickly become one of the most trusted and widely used stablecoins because of its composability, stability and reserve transparency. As a seamless, trusted digital currency, USDC is a zero-to-one opportunity for the global financial system. Check out their Transparency Hub at http://empirepodcast.link/circle that outlines everything from links to USDC weekly reserve reports, monthly attestations, and blog posts written by their executive team highlighting how and why USDC was built the way it is.- -ResourcesReminiscences of a Stock Operatorhttps://amzn.to/3rTNWUwA Survey of NFT Licenses: Facts & Fictions (Galaxy)https://bit.ly/3MqIhid-- 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.

Oct 14, 2022 • 1h 4min
Market Vibez, Solana’s Mango Exploit & ZK Scaling Season | Roundup
In this episode of Empire's Weekly Roundup, Jason and Santi share their thoughts on the state of the market, the endless hacks in crypto and a few of the latest innovations.Santi gives his unique private-market insights, Jason gives a behind-the-scenes look at Blockworks, and the duo discuss the biggest story of the week: the Binance and Mango Markets Exploit. We then discuss the 3 big ZK-rollup announcements (scaling season?), Arbitrum's acquisition, and more!- -Timestamps:(00:00) Introduction(02:16) What's Changed At Blockworks During The Bear?(06:53) State of Venture, Macro And Crypto Markets(21:39) Does Everything Need A Token?(26:14) Hacks, Exploits And More Hacks (Binance, Mango)(39:43) Yuga Labs & Regulation By Enforcement(48:08) ZK Tech Is Here(51:56) Arbitrum Acquires Prysmatic Labs(55:36) Coinbase News, Stephane Resigns, PayPal & More- -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/mv4frfv7 Subscribe on Spotify: https://tinyurl.com/wbaypprw- -Referenced in the show:Cosmos podcasthttps://spoti.fi/3S3W9zPGCR's "inside job" tweethttps://twitter.com/GCRClassic/status/1579837794675216384Rebecca & Jake regulation podcasthttps://spoti.fi/3rSZMOwScroll's zkEVM podcasthttps://spoti.fi/3rTXO0wPolygon deep dive by Blockworks Researchhttps://bit.ly/3S3Wti1Starkware podcasthttps://spoti.fi/3Vqu88vInfluence Empire (book)https://bit.ly/3T9CLTcDavid Marcus tweet criticizing PayPalhttps://twitter.com/davidmarcus/status/1578795041719750663--Circle’s USDC has quickly become one of the most trusted and widely used stablecoins because of its composability, stability and reserve transparency. As a seamless, trusted digital currency, USDC is a zero-to-one opportunity for the global financial system. Check out their Transparency Hub at circle.com/transparency that outlines everything from links to USDC weekly reserve reports, monthly attestations, and blog posts written by their executive team highlighting how and why USDC was built the way it is. Learn more at: http://empirepodcast.link/circle-- 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.

Oct 10, 2022 • 59min
Sequoia’s Crypto Thesis | Michelle Bailhe Fradin
In this episode of Empire, Jason is joined by Michelle Bailhe Fradin, Partner at Sequoia for a wide ranging discussion on venture capital in crypto.Michelle shares her thoughts on the fat protocol thesis, how infrastructure development is necessary for application growth, changing business models during a bear market and what the biggest opportunities for growth are in this environment. To hear all of this and more, you'll have to tune in!--Follow Michelle: https://twitter.com/michellebailheFollow Jason: https://twitter.com/JasonYanowitzFollow Empire: https://twitter.com/theempirepodGet top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/--Circle’s USDC has quickly become one of the most trusted and widely used stablecoins because of its composability, stability and reserve transparency. As a seamless, trusted digital currency, USDC is a zero-to-one opportunity for the global financial system. Check out their Transparency Hub at circle.com/transparency that outlines everything from links to USDC weekly reserve reports, monthly attestations, and blog posts written by their executive team highlighting how and why USDC was built the way it is.--Timestamps:(00:00) Introduction(01:05) Ask Not Wen Moon–Ask Why Moon(04:34) The Fat Protocol Thesis(12:58) The Myth of The Infrastructure Phase(16:57) Where Is Sequoia Seeing Opportunity In Crypto?(18:53) The State of Crypto VC Funding(23:10) Circle Ad(24:52) What Metrics Do VC's Track In Crypto?(33:29) How Business Models Change In A Bear Market(36:12) Rethinking Crypto Business Models(38:19) How Active Is Sequoia In Governance?(39:52) Michelle's Thesis On DAOs(48:02) How The VC Landscape Is Changing(53:33) Opportunities Outside of Crypto- -Referenced In The Show: Ask Not Wen Moon–Ask Why Moon: https://www.sequoiacap.com/article/ask-not-wen-moon-ask-why-moon/ Fat Protocols https://www.usv.com/writing/2016/08/fat-protocols/ The Myth of The Infrastructure Phase: https://www.usv.com/writing/2018/10/the-myth-of-the-infrastructure-phase/--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.

Oct 7, 2022 • 1h 12min
Private Order Flow Is The New MEV | Weekly Roundup
In this episode of Empire's Weekly Roundup, we discuss one area of the market many aren’t paying attention to, private order flow (POF). As well as POF, Sushiswap announced a new head chef, MakerDAO plans to invest $500M in US treasurys and many VCs are looking to gaming for the next big opportunity in crypto? To hear all this and more, you’ll have to tune in!--Timestamps: (00:00) Introduction(01:30) Sushiswap Brings In A New Head Chef(15:38) Uniswap & The App-Chain Thesis(28:15) Private Order Flow Is The New MEV(40:30) The Biggest Winners In MEV(43:00) Gaming: Crypto’s Biggest Opportunity(1:02:30) MakerDAO To Invest $500M in US Treasurys & Corporate Bonds --Follow VanceFollow MichaelFollow JasonFollow Bell Curve--Referenced In The Show: SushiSwap ‘Head Chef’ Election Settled by GoldenTree, Cumberland https://blockworks.co/sushiswap-election-settled-by-goldentree-cumberland/ -Core, from Ava Labs, is more than just a wallet. It’s a free, non-custodial browser extension that gives Avalanche users a more seamless and secure Web3 experience. Download Core today at https://www.core.app/- -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. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.

Oct 3, 2022 • 1h 10min
Starkware, L3s and the ZK Rollup Future | Eli Ben-Sasson, Uri Kolodny
In this episode of Empire, Jason and Santi are joined by Eli Ben-Sasson and Uri Kolodny to discuss Starkware and the ZK-rollup future. This episode is an absolute masterclass on scaling Ethereum using zero-knowledge proofs and a fractal architecture. We discuss the limits of L1 scaling, ZK vs Optimistic rollups, native L2 programming languages, Layer 3 applications and much more!- -Timestamps:(00:00) Intro(00:32) The Limits of L1 Scaling(05:30) Optimistic vs ZK Rollups(14:40) Why ZK Rollups Lag Optimistic Rollups in TVL(19:10) Advantages of the Cairo Programming Language(26:57) L1 Apps Building for an L2 World(30:01) Circle Ad(31:43) dYdX’s Move From Starkware to Cosmos(37:15) MEV, Bitcoin and Cairo 1.0 Adoption(46:23) Layer 3 Scaling(57:38) What Comes Next- -Follow Eli: https://twitter.com/EliBenSassonFollow Uri: https://twitter.com/ukolodnyFollow 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- -ResourcesVitalik's post on fractal scalinghttps://vitalik.ca/general/2022/09/17/layer_3.htmlStarkwarehttps://starkware.co/--Circle’s USDC has quickly become one of the most trusted and widely used stablecoins because of its composability, stability and reserve transparency. As a seamless, trusted digital currency, USDC is a zero-to-one opportunity for the global financial system. Check out their Transparency Hub at circle.com/transparency that outlines everything from links to USDC weekly reserve reports, monthly attestations, and blog posts written by their executive team highlighting how and why USDC was built the way it is.- - 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.

Sep 30, 2022 • 50min
ATOM 2.0, Reversible Transactions & Polygon's BD Game | Blockworks Research
In this episode of Empire's Weekly Roundup, the Blockworks Research team takes over the pod! We start with a debate on the implications of ATOM 2.0 and USDC launching on Cosmos. Is ATOM no longer a meme coin? Does everything revolve around MEV? What opportunities does native USDC unlock for the Cosmos ecosystem?We then discuss the feasibility of reversible on-chain transactions, the next NFT catalyst and how Polygon is a relentless business development machine. Tune in for all of this and more! And don't worry, Jason and Santi will be back next week.- -Timestamps:(00:00 Introduction(01:15) ATOM 2.0 & USDC Cosmos Announcement(20:09) GMX MEV Opportunity Explained(23:33) Politicians Continue to Fight Crypto(26:37) Centre & USDC Dominance(29:45) Reversible Transactions(38:41) The Next NFT Catalyst(42:22) Polygon’s Business Development (47:39) Blockworks Research- -Follow Matt: https://twitter.com/MattFiebachFollow Dan: https://twitter.com/smyyguyFollow Sam: https://twitter.com/swmartin19Follow Garrett: https://twitter.com/G_C_HarpFollow Empire: https://twitter.com/theempirepodSubscribe on YouTube: https://tinyurl.com/4fdhhb2jSubscribe on Apple: https://tinyurl.com/mv4frfv7 Subscribe on Spotify: https://tinyurl.com/wbaypprw- -Referenced in the show:Youssef Amrani's tweet on ATOM 2.0https://bit.ly/3RwU1RePolka tweet on GMX MEV Opportunityhttps://bit.ly/3LRO2VRBlockworks Research Twitterhttps://twitter.com/blockworksresBlockworks Research Newsletterhttps://blockworks.co/newsletter/daily-debrief-by-blockworks-research/--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.

Sep 26, 2022 • 1h 8min
Music NFTs & The Next Generation Of Music | Cooper Turley
In this episode of Empire, Jason and Santi are joined by Cooper Turley, aka Coopahtroopa, for a master class on music NFTs. We all listen to music every day, yet monetization for 99% of artists is abysmal. Coop explains how artists can leverage Web3 to maximize revenue, fan engagement and creativity. We explore how music NFTs work, why they have value, which artists should participate and how Web3 will revolutionize the music industry. Cooper is an absolute expert, you won't want to miss it!- -Timestamps:(00:00) Intro(02:00) Coop Records & Intro to Music NFTs(06:50) The Evolution of Music Monetization(11:30) How to Value Music NFTs(14:41) Artists as CEOs & the Music NFT Market(22:59) Circle Ad(24:41) Should Every Artist Create Music NFTs?(28:57) Do Music NFTs Need Utility?(37:40) One-of-Ones vs Collections (41:35) AI-Generated Music & Virtual Artists(47:05) Monetization, Fan Data and the Innovator's Dilemma(53:16) Incubating Artists, Creator Equity Tokens & Community(1:00:01) Tokenized Media & Rapid Fire Questions- -Follow Cooper: https://twitter.com/CooopahtroopaFollow 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- -ResourcesRelics by Monstercathttps://relics.xyz/Humehttps://www.wearehume.com/Coop's Substackhttps://thisweekinmusicnfts.substack.com/Coop Recordshttps://www.cooprecords.xyz/--Circle’s USDC has quickly become one of the most trusted and widely used stablecoins because of its composability, stability and reserve transparency. As a seamless, trusted digital currency, USDC is a zero-to-one opportunity for the global financial system. Check out their Transparency Hub at circle.com/transparency that outlines everything from links to USDC weekly reserve reports, monthly attestations, and blog posts written by their executive team highlighting how and why USDC was built the way it is.- - 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.