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Most Startups Misunderstand Incentives feat. Joseph Al-Chami

The future of crypto might not be bots, bulls**t, and broken incentives — but first, we have some serious receipts to go through. This week we are joined by researcher Joseph Al-Chami for a wide-ranging dive into the biggest consumer crypto stories of the week — and an honest reckoning with how points systems, appcoins, agentic investors, and open social graphs are actually playing out. From Circle’s IPO drama to AI SEO strategies, we’re connecting the dots on what’s really happening across consumer crypto, AI, and internet culture. We kick off with a quickfire rundown of Appcoins, AI discoverability, and the death spiral of poorly launched tokens, before moving into a deep, revealing conversation with Joseph about the hidden dangers behind points-based growth strategies — and why blind copying Duolingo-style gamification just doesn’t work for crypto projects. This episode unpacks: * Ohara’s new Appcoin model and the future of vibe coding * AI SEO tactics and why discoverability is about to change forever * Why launching a token will not save you * The rise and potential fall of Circle’s stablecoin empire * The launch of LensChain and the mini-app revolution on Farcaster * How agentic investors are creating novelty arbitrage (for now) * Open social graphs vs. corporate controlled platforms * Why vanity metrics are destroying crypto ecosystems * A real breakdown of why “points and quests” mostly attract bots * How to build loyalty systems that actually work Chapters: 0:00 — Intro and a Brand New Home 00:39 — Live Show Chaos and Vibe Check 01:50 — Market Sentiment and Real Builders 03:09 — Introducing Joseph Al-Chami and Topics 04:53 — Appcoins, Vibe Coding, and Token Models 08:11 — AI SEO and Discoverability Shifts 12:55 — Why Launching Tokens Can Fail 16:11 — Circle’s IPO Drama and Fallout 19:38 — LensChain, Open Social, and Mini-Apps 24:16 — Farcaster Airdrops and Notification Burnout 26:51 — Rise of Agentic Investors and Novelty 29:09 — “It’s All Base’s Fault” Twitter Meltdown 30:14 — Credible Neutrality and Blockchain Trust 32:59 — Joseph’s Research on Points Farming 39:48 — How to Build Real Loyalty Internet Explorers is a weekly rundown show where extremely online individuals broadly explore (romanticize, even) new consumer Internet experiences. Join us⁠ live on Twitter/X, Fridays 10am PT / 1pm ET. Seed Club Twitter: https://x.com/seedclubhq Apple: https://podcasts.apple.com/us/podcast/internet-explorers/id1756599282 Spotify: https://open.spotify.com/show/6iJk3xZoij7pVhlNbTP9qS?si=4cda0ac044dc4c6a

The ETH Opportunity: Why SharpLink Is All-In

Joseph Chalom is Co-CEO at SharpLink and Jason Linehan is Chief Strategy Officer at Consensys. In this episode, we unpack what Joseph refers to as The ETH Opportunity and why SharpLink is all-in with their ETH treasury offering, SBET. From Joseph’s background at BlackRock to SharpLink’s mission to offer exposure to ETH and ETH yield in the public markets, this conversation explores why Ethereum sits at the center of digital asset adoption and why the moment to accumulate ETH is now. We also discuss The Trustware Report outlining the investment case for ETH, how SharpLink’s approach differs from an ETH ETF, and why institutional investors are increasingly drawn to ETH over BTC. ------ 🔗 Essential Show Links 🔗 ► Newsletter: https://the-edge.xyz ► Youtube: https://youtube.com/@DeFiDad ► Apple: https://tinyurl.com/edgepod ► Spotify: https://tinyurl.com/edgepodspotify ► Linktree: https://linktr.ee/edge_pod ► Follow DeFi Dad: https://x.com/DeFi_Dad ► Follow Nomatic: https://x.com/Nomaticcap ► Learn DeFi: http://defidad.com/ ------ The Edge Podcast Sponsor Resources ♦️⁠ REDSTONE⁠ | THE LEADING MODULAR BLOCKCHAIN ORACLE https://www.redstone.finance/ ♉︎ TOROS | EXPONENTIAL GAINS WITH LEVERAGED TOKENS https://toros.finance/ 🥞 SYRUPUSDC BY MAPLE | DEFI'S PREMIUM YIELD ASSET https://app.maple.finance/earn?referral=Mig0gHP59IYC 🦅 ⁠FALCON⁠ | OVERCOLLATERIZED SYNTHETIC DOLLAR - POINTS PROGRAM NOW LIVE https://app.falcon.finance?r=0ec4ccafcd94a7756710278ebfd7dd4b ⚡ ⁠SPARK⁠ | THE ONCHAIN CAPITAL ALLOCATOR https://link.spark.fi/Defi_Dad 🏦 MANTLE | INNOVATING THE FUTURE OF ONCHAIN FINANCE https://group.mantle.xyz/ ⚙️ GEARBOX PROTOCOL | ONCHAIN LENDING REIMAGINED https://gearbox.fi/ 🐡⁠ PUFFER INSTITUTIONAL | STAKING SOLUTIONS FOR INSTITUTIONAL SCALE https://institutional.puffer.fi/ 📈⁠ RUMPEL⁠ | TURN POINTS INTO PROFITS https://www.rumpel.xyz/ ------ Timestamps 0:00 - Intro 7:22 - Joseph’s journey from BlackRock to SharpLink 11:09 - Jason’s role and experience at ConsenSys 13:15 - The importance of Ethereum and ETH for investors 19:07 - Why Joe joined SharpLink 21:35 - The Trustware Report 29:02 - The ETH Opportunity 34:07 - Sponsor break 35:17 - SharpLink’s edge over an ETH ETF 37:58 - The urgency to accumulate ETH 39:49 - Why focus on ETH over BTC as a treasury asset? 45:28 - Understanding DeFi and its institutional adoption 49:23 - Sponsor break 50:48 - Ways SharpLink raises capital to buy more ETH 55:37 - Leveraging institutional relationships to grow SharpLink 56:57 - Strategic partnership between SharpLink and Consensys 59:38 - Why SharpLink is working with Linea L2 1:02:58 - Closing ------ 🔗 Guest Links 🔗 ► SharpLink website: https://www.sharplink.com/ ► SharpLink on X: https://x.com/sharplinkgaming ► Joseph Chalom on X: https://x.com/joechalom ► Jason Linehan on X: https://x.com/0x81B ► Trustware Report: https://consensys.io/ethereum/trust ------ All opinions expressed by hosts and podcast guests are solely their own opinions. Podcast guests and hosts may have positions in the assets or other matters discussed in this podcast. DeFi Dad and Nomatic both hold ETH and SBET. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Do your own research. This is not a recommendation or endorsement to buy any token(s) related to any platform(s) discussed.

Building User-Centric Products on Solana with Jito | Hayden Tsutsui + Dr. Nick Almond

Follow Rubicon Podcast: https://x.com/Rubicon_pod Produced by Proof of Coverage Media: https://x.com/Proof_Coverage Hersh and Dawufi sit down with Dr. Nick Almond and Hayden Tsutsui from Jito to explore decentralized governance, validator infrastructure on Solana, and the future of user control. They discuss the impact of a world without Jito, the mechanics behind Just-In-Time Ordering, and how it enables more deterministic execution for users and better rewards for validators. Dr. Nick shares insights on governance design, highlighting the importance of subsidiarity and the limits of token-based systems. The conversation also touches on Solana’s collaborative developer culture and the growing need for strong privacy protections in the digital age. Timestamps: 00:00 - Introduction 02:04 - Hayden's Background in Crypto and Trading 05:06 - Dr. Nick's Journey from Physics to Crypto 08:09 - Decentralized Governance in Academia 11:03 - Understanding JITO: Just-In-Time Ordering 13:23 - Impact of JITO on the Solana Ecosystem 16:15 - User Experience Without JITO 19:49 - JITO's Role in Economic Layer of Solana 22:01 - Building on JITO: Opportunities for Developers 24:17 - The Importance of User Control in Opacity 27:04 - Privacy and Data Security Concerns 30:52 - The Need for Privacy Technology 33:00 - Selective Information Disclosure in Governance 34:40 - The Public Governance Trap in DAOs 40:19 - Governance Optimization vs. Minimization 42:49 - Challenges of Token-Based Governance 45:03 - Pragmatism in Governance Systems 46:16 - Decentralization vs. Leadership in Crypto 48:14 - Cultural Dynamics in the Solana Ecosystem Disclaimer: The hosts and the firms they represent may hold stakes in the companies mentioned in this podcast. None of this is financial advice.

GM Farcaster ep240 Tuesday April 29, 2025

GM Farcaster ep240 Tuesday April 29, 2025   Thanks to our premier partner Octant! Be sure to check out octant.app for all the latest.   From our ChatGPT Intern: Today’s GM Farcaster kicks off with a mid-week identity crisis (it’s Tuesday, despite the episode title) and spirals delightfully into FarCon packing chaos, gorilla memes, and the hunt for physical Degens & Dragons cards. Between the stealth rollout of a web Warplet wallet, debates over censorship and decentralization, and a protocol-level philosophy class taught via cast, this episode is equal parts startup diary, tech demo, and group therapy for people who definitely check Warpcast before brushing their teeth.  Full Show Notes and Links available on YouTube.   THANKS TO OUR PREMIERPARTNER OCTANT: Octant links:@octant: https://warpcast.com/octant /octant: https://warpcast.com/~/channel/octant Octant site: https://octant.app/home Degens & Dragons:https://highlight.xyz/user/@0x05e6AED1A5F9fe61A3C3764E073dB1db329d8Da1 Copyright 2025 cc-by GM Farcaster - reuse/remix allowed with attribution and link back to GMFarcaster.com.  NOTE: Cryptocurrencies are often volatile assets. Nothing in this episode should be considered financial advice and is for educational and entertainment purposes. Nothing should be considered investment advice, nor solicitation to buy or sell any assets. NFA, DYOR.  Chapters: 0:00:00 GM 0:03:20 Octant 0:05:15 CastOut 0:06:31 Farcaster news 0:27:06 FarCon 0:37:52 Betrmint 0:39:46 more from the FC timeline