Joining us this week is Mike Zajko, co-founder of Lattice Fund.

 

The main focus of today’s podcast is DePIN - Decentralized Physical Infrastructure Networks, such as Helium, Render, Daylight, DIMO . We considered some of the challenges and constraints they imply, such as hardware and supply chain logistics which aren’t usually faced in crypto, as well as possible future use cases. 

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Mike shared some of Lattice Fund’s recent exciting investments such as Delphia - a way for users to profit from selling their own data, and Karate Combat - a novel integration of up-only sports betting and token-incentivized fan participation.

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We also analyzed the 2021 seed round to see what proportion of web3 projects launched a product, found product-market-fit, and which proportion failed. Mike spoke about the potential drs of launching a token before launching a product. 

 

Mike’s Crypto Origin Story and Introduction to Lattice - 00:00 - 13:57

Unique Business Models Unlocked by Web3 - 13:57 - 19:48

Understanding DePIN - 19:48 - 28:58

Decentralised Compute - 28:58 - 35:12

DePIN Challenges 35:12 - 44:54

2021 Seed Stage Retrospection - 44:54 - 58:01