Blockchain Investing - Olaf Carlson-Wee and Aaron Harris

Summary

Olaf Carlson-Wee, founder and CEO of Polychain Capital, and Aaron Harris, Partner at YC, discuss blockchain investing and the potential of web 3 services. They focus on investing in protocol and infrastructure layer projects that enable developers to create end-user applications. They emphasize the importance of understanding the future needs of developers and the impact of blockchain technology in the next five to ten years. They also discuss the role of tokens as incentives and the benefits of incorporating a capitalist mentality into open source projects. The speakers highlight the complexity and potential of blockchain technology, as well as the importance of liquidity in the market. They mention specific projects like Filecoin, OpenBazaar, and Tezos, and discuss the challenges and misconceptions surrounding cryptocurrencies. Overall, they believe that blockchain technology has the potential to drive innovation and investment, but caution that thorough research and understanding are crucial in this highly volatile market.

Have questions about the video? Create a FREE account to ask Wiz AI

7 days free trial