Texted a Seed series founder about their situation last night, response being, “Had a busy couple days, but I was fast and wired out the money yesterday AM and the wires posted. Still a couple mil locked up, but they’re in money market funds, so should be good. I was part of the bank run… Continue reading SVB
Tag: fintech
Miner/Maximum Extractable Value (MEV)
I want to quickly cover MEV, or Miner Extractable Value, given it's still a topic of increased relevance, and yet still opaque. MEV refers to the potential value that miners can extract from the transactions included in a block they mine. On the Ethereum blockchain, MEV is primarily generated from arbitrage opportunities, transaction reordering, and other forms… Continue reading Miner/Maximum Extractable Value (MEV)
DEXs
1/ Today Uniswap Labs, PancakeSwap, and DODO constitute more than 75% of total volume. 2/ The largest selling point is they're non-custodial, i.e., you are in control where centralized exchanges (CEX) are the opposite. DEXs range from orderbooks, AMMs, to hybrids. 3/ Orderbooks allow buyers and sellers to set offers around assets. These offers get… Continue reading DEXs
Weekly Startup Spotlight: Lendtable, a Series A Fintech
This week's FintechFriday session is with Mitchell Jones, co-founder Lendtable ⚡ a YC S20 batch company that raised $18M from Softbank to help workers get thousands in additional income by giving a cash advance to cover living expenses so they can finally begin earning their employer match.It’s noted from YC’s site that 1 in 4… Continue reading Weekly Startup Spotlight: Lendtable, a Series A Fintech
NFT: Companion In A Box
I minted a few Companion's In A Box (CIAB) yesterday. My favorite is #767 (below). CIAB is an NFT project that a few friends and I dived into after researching newly released projects. We can create some pretty cool characters of our choosing. Companion #767 Run by Michel Wang, a designer by trade, his approach… Continue reading NFT: Companion In A Box
Genie.xyz – Scott Grey
The Fintech Friday's crew is continuing our #Web3 deep dive by capping off January with Scott Gray, CEO, and founder of Genie. ⚡₿⚡Scott is joining us this upcoming Friday at 0800 PDT.Launched in November 2021, Genie is considered the first NFT marketplace aggregator and has already transacted over $150M. We will cover Genie, as well… Continue reading Genie.xyz – Scott Grey
Economics of Staking (and lending)
Recently speaking with someone who loves everything crypto, she and I got into the guts of staking. Unbeknownst to me, I didn't have as full of a grasp of the dynamics of this growing marketplace. It is exciting, to be honest. The act of staking provides another way for owners of particular digital assets to… Continue reading Economics of Staking (and lending)
Floor NFTs
Floor NFTs is a young company led by Chris Madden. Chris has a background in both Fintech and Martech. Being an early employee at Venmo, he spent two years researching how social + money work together. Currently the Co-founder of Button, he works in Fintech by day, and crypto by night. Chris is also on… Continue reading Floor NFTs
Protocol Movements (Alts to ETH)
I’ve recently been going down a rabbit hole on protocols. Many Layer 1’s were released and grew, beginning in January 2021. It has almost been 11 months since Ethereum held over 96% of TVL. That has changed (the market grew) and is now 64% (picture below). Other L1s are a mixed bag with differing utility,… Continue reading Protocol Movements (Alts to ETH)
Tectonic Shifts In Fintech
Below are some quick thoughts. Several earlier fintech companies found success, with younger adults being solid customers. Today, we see newer companies target teens and kids through several gifting platforms that have closed rounds the past few quarters (i.e., UNest). This is good, but it will be difficult for those companies to scale over time… Continue reading Tectonic Shifts In Fintech
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