Moonshot Research Podcast

This week we are joined by Hue Rhodes to talk about individually owned identity and how individuals can finally use blockchain to own and monetize their data. Hue is the founder of FRIDAY, an identity platform that lets users reclaim all of their activity data from Web2 (Instagram, Spotify, etc) and monetize access via Web3, without surrendering ownership or control. Prior to FRIDAY, Hue was the co-founder and CEO of Amplfy.me, and the VP of Global Business Development at Experian. But most importantly (to us), he wrote and directed a feature film starring Steve Buscemi.Follow Friday on Twitter or visit their website to learn more! • Hue Rhodes: https://twitter.com/huerhodes • Friday: https://twitter.com/ownfriday • Website: https://www.myfriday.io/[00:00] Episode teaser[00:19] Show intro[00:33] Intro to today’s topic and guest[01:01] How did Hue get interested in identity and data[03:42] Lessons Hue learned from making a movie[04:57] How Hue would structure the business market[07:29] What does it look like to build a product from the consumer side[11:19] How big is the average individual’s data footprint[14:34] Main customers for data brokers[18:05] How data ownership works now[24:48] If you want to get your data back, how do you do that?[25:59] How do you know where your data is stored?[27:23] The business model of FRIDAY[29:22] Potential use cases and fandom[36:14] When does Web3 get adopted?[38:52] What the economic benefit is for data[41:18] Other Web3 enabled data businesses[43:49] How does Hue view data ownership as empowerment[48:38] Where to connect with Hue[49:21] Wrapping it upFollow the Moonshot Research team @USA_Pharoah, @KidQuartz1 and @PapaPelli or visit us at www.moonshotresearch.xyz.

This week we are joined by Merijn and Teej, who co-founded Entheos together with Christian Ringvold. Entheos is on a mission to unlock global energy independence by solving battery storage at scale. Prior to entheos, Merijn founded HackerOne -- a cybersecurity platform to pair ethical hackers with company bug-bounties --  and Teej led Real World Asset (RWA) strategies at MakerDAO.In this episode, we discuss the need for energy storage at scale, Entheos' technological and financial innovation to offer energy 'Storage as a Service', and the benefits of blockchain to manage Entheos' platform of Real World Assets (RWA).Connect with Entheos:Find out more about Entheos on their website, by reading their manifesto, and by following Teej, Merijn, and Entheos on Twitter.Website: entheos.networkEntheos Manifesto: https://www.entheos.network/manifestoTwitter: https://twitter.com/EntheosNetworkTeej: https://twitter.com/LempheterMerijn's Secret Email: m@entheos.network [00:00] Intro[01:02] Entheos: Founder background and how they got here[04:00] What is the mission of Entheos?[04:53] Why Entheos is needed[09:09] Key technological and financial unlocks[14:56] The special sauce: the intersection of real world assets and block chain[18:55] Technological improvements of Entheos[22:55] Where does the yield (investor return) come from?[27:37] Example of an installer project[32:42] Market forces and the need for energy storage[35:11] How Entheos will benefit from Blockchain[40:00] How ownership of real world assets (RWA) will work on chain[48:45] Real world assets and TIPIN projects: what’s trending?[55:29] Where to find more about Entheos[56:49] OutroFollow the Moonshot Research team @USA_Pharoah, @KidQuartz1 and @PapaPelli or visit us at www.moonshotresearch.xyz.

Today we are joined by Mike Zajko, co-founder of Lattice Fund. Lattice is an early-stage crypto VC that has invested in and partnered with several leading TIPIN projects (as well as many other wonderful crypto businesses). In fact, Lattice is responsible for first coining the term TIPIN - referring to Token Incentivized Physical Infrastructure Networks - and has supported this growing ecosystem via insightful writing and events. Prior to co-founding Lattice, Mike was the head of new token listings at Coinlist.In this episode, we discuss how Lattice first identified the TIPIN sector after spotting founders apply Helium's model to new world physical infrastructure. Beyond DeWi, Mike covers a range of projects -- from sensor networks to car data to virtual power plants.Mike gives a masterclass on how to think about and identify value at the intersection of web3 and the physical world. More, he encourages anyone building a TIPIN project to reach out connect via the information below.Connect with MikeTwitter- @mikezajkoEmail- mike@lattice.fund[00:00] Episode teaser[00:47] Show intro[01:04] Welcome to Mike[01:56] Background on Lattice[05:14] Definition of TIPIN projects at Lattice (and whether "T" for tokens should be emphasized)[10:08] Aspects of the TIPIN model that makes for quality crypto businesses[15:37] What is the current market landscape of TIPIN projects? [21:44] What is the special sauce for crypto and web3[24:42] Is more specific data more valuable?[28:45] Projects that build on each other[32:40] Which specific TIPIN projects are you most excited about right now?[36:13] What role do tokens play in the future?[39:16] How Mike sees himself partnering with TIPIN projects[40:55] Where to reach out to Mike[41:15] Close outFollow the Moonshot Research team @USA_Pharoah, @KidQuartz1 and @PapaPelli or visit us at www.moonshotresearch.xyz.

Today we are joined by Jason Badeaux, co-founder of React Networks, to learn how React aims to move electrons across time. React is building the digital infrastructure layer necessary to turn the grid edge into a resource for the energy system.React aims to support the fight against climate change and unstable energy grids by creating economic incentives and easy processes for individuals to connect their home energy resources to the power grid and React network.This conversation is part of our deeper dive into Decentralized Physical Infrastructure Networks (DePIN).To find out more about Jason and React, check out the links below:Website: www.reactnetwork.io/React Twitter: twitter.com/react_energyJason Twitter: twitter.com/jasonbadeaux[0:00:00] Episode teaser[0:00:34] Show intro[0:00:56] Welcome to Jason[0:01:31] An intro to React[0:03:14] What did the energy system look like before renewable energy vs today[0:08:31] Why can't we have giant batteries outside of New York?[0:11:55] What do energy markets look like now and how React is involved[0:14:16] How big is this industry right now?[0:14:44] What Jason really means by energy flexibility[0:17:35] Scaling React and incentivizing participation[0:20:33] What does is mean to be a participant in React?[0:25:51] Data latency and granularity at the grid edge -- how do we know how much  energy is being used at any moment?[0:28:51] What a battery is used for in the network[0:30:09] How to monetize this system[0:34:05] React's tokenomics system[0:38:07] Reacts path to revenue[0:40:20] React as a cooperative and incentivizing behaviors[0:47:45] Flexibility in React's network design[0:54:15] Liability risks[0:55:50] The Inflation Reduction Act[0:58:28] Bi-directional charging opportunities[1:00:13] Economics of decentralized energy assets[1:01:45] Marketing the network and reaching critical mass[1:04:25] Closing comments[1:05:59] Where to find out more[1:07:19] OutroFollow the Moonshot Research team @USA_Pharoah, @KidQuartz1 and @PapaPelli or visit us at www.moonshotresearch.xyz.

So good we had to have him on the show twice, welcome back to Manny. Manny is an executive director at the History Group at the Hoover Institute of Stanford, a Web3 investor, builder of DeFi protocols, and advisor of some newer DeFi projects. Listen in for commentary on current crypto events and historical parallels that can be drawn between the past and present. We’re also talking about how DeFi and CFI are related and venturing into “spicy” territory about political donations in crypto. Just how involved can regulators get in crypto or are they more concerned about their own prestige and power? Where is crypto going to be in 10 years and will the doomsday scenario actually play out? Listen in to hear the answers to these questions and take a deep dive into history on this episode. Manny’s previous episode- https://podcasts.apple.com/us/podcast/manny-rincon-cruz-a-history-of-money-and-how/id1624393614?i=1000576286598[00:00] Episode teaser[00:29] Show intro [00:46] Welcome to Manny [01:35] Historical parallels in current crypto events [07:37] Why had SBF built up resentment in the DeFi community?[10:10] Parallels from 2008[10:48] Hindsight is 20/20[13:05] DeFi and CFI linked together [15:21] What was going on with the Aave curve?[16:00] Thoughts on the regulations of political donations [20:03] How involved can regulators get?[22:15] Ideal scenarios[23:23] Connections in the crypto community [25:24] Doomsday case: where does this leave crypto?[33:10] Trying to draw parallels between Web2 and Web3 [34:38] Investing in the right people [38:02] How people interpret actions vs. what they’re actually doing[38:44] The products that are being built now[40:36] Hedging: definition and its use in crypto [42:05] New financial products and pricing[42:34] Hot take on pricing products [45:41] Financial innovations in the DeFi market [50:59] You should honor the mistakes and fallen comrades[51:38] Tools you can use to exploit are readily available [53:23] Decentralized exchanges are dangerous[53:54] The optimal rate to exploit and break things[57:10] Wrapping things up [57:46] Outro Follow the Moonshot Research team @USA_Pharoah, @KidQuartz1 and @PapaPelli or visit us at www.moonshotresearch.xyz.

XNET is a carrier grade DeWi network. In this episode, Rich and Igor walk through everything you need to know about XNET and carrier grade DeWi networks.Rich and Igor dive into pioneering networks (Helium and Pollen) that paved the way for XNET and their goal to connect the unconnected and provide universal access to global connectivity.To learn more, check out XNET at https://www.xnet.company/.[0:00:00] Episode teaser[0:00:00] Show intro [0:00:46] Welcome to Rich and Igor[0:01:57] An intro to XNet and how it came to be[0:09:13] Overview of the market XNet is targeted for [0:14:07] The technical anatomy of the “dinosaur”[0:22:15] Why not try to build something else?[0:27:42] What does it mean for someone who wants to deploy?[0:31:21] Why MNO doesn’t exist in certain places and how to get it set up[0:37:49] Tokenomics structure of XNet [0:43:05] How the supply continues over the next 10 years[0:44:17] XNET vs. some of the pioneer networks[0:46:21] What will get built on top of XNet?[0:54:30] What projects are Rich and Igor excited for?[0:58:20] Call to action [1:02:29] Where to find out more about XNet [1:03:13] Closing comments You can also follow the Moonshot Research team @USA_Pharoah, @KidQuartz1 and @PapaPelli or visit us at www.moonshotresearch.xyz.Follow the Moonshot Research team @USA_Pharoah, @KidQuartz1 and @PapaPelli or visit us at www.moonshotresearch.xyz.

Layer Zero is best described as a 'special operations' team of the decentralized wireless space. The company is lead by Denis Agarkov and Ion Beroiz, based out of Los Angeles California. Denis and Ion were early comers to DeWi and are know for their high quality infrastructure deployments for Helium and Pollen Mobile networks and spicy takes on the DeWi space.In this episode, Denis and Ion walk us through their founding story starting in the film industry and eventually scaling DeWi networks. We cover major DeWi projects including Helium 5G, Pollen Mobile, and XNET and explore emerging projects within the broader field of token incentivized physical infrastructure networks (TIPIN). Example projects include DIMO's car and driving data network, Hivemapper's decentralized google maps, and Spexi's drone network. This episode is a must listen for anyone interested in nerding out and going down the DeWi / TIPIN rabbithole with two pros deeply entrenched in the space.Website: layerzero.ioTwitterLayer Zero: @getlayerzeroDenis: @mragarkovIon: @ionberoizYou can also follow the Moonshot Research team @USA_Pharoah, @KidQuartz1 and @PapaPelli or visit us at www.moonshotresearch.xyz.[0:00:00] Episode teaser[0:00:23] Show intro [0:00:41] Welcome to Denis and ion[0:01:03] The founding story of Layer Zero[0:12:18] Why decentralized networks are such a big game changer?[0:15:31] The categories and differences of decentralized TIPIN projects [0:19:33] Differences in infrastructure and installation between major networks[0:26:55] What gave Denis and Ion confidence in Pollen?[0:32:49] Commentary on Pollen’s current market position [0:36:39] Will decentralization still work if the barrier to entry is raised?[0:49:11] Does DeWi work without a token?[0:53:52] Best “getting on a roof” stories?[0:55:58] Up and coming projects in the DeWi / TIPIN space[1:13:54] Projects relating to automation [1:17:22] Where Layer Zero is going to be in the space[1:21:23] Where to find Layer Zero[1:21:56] Closing out Follow the Moonshot Research team @USA_Pharoah, @KidQuartz1 and @PapaPelli or visit us at www.moonshotresearch.xyz.

How do you find people who are lost while paragliding? This question is how Nik Hawks, The Gristle King, started his journey into the world of crypto and decentralized infrastructure networks. Nik helps people follow in his footsteps via online content including writing, videos, and working groups that help guide hundreds of people in their ' blockchain + meat space' journeys.For his efforts, Nik has been recognized as one of DeWi's most valuable community members and plays an integral role in this burgeoning crypto sector. Check out some of his content below to learn about leading DeWi projects including Helium, Pollen, GEODnet, WeatherXM, DIMO, and more. Website: https://gristleking.com/Twitter: @thegristlekingYoutube:  Gristle King ChannelGristle Crüe: A group dedicated to finding the best blockchain + meatspace projectsYou can also follow the Moonshot Research team @USA_Pharoah, @KidQuartz1 and @PapaPelli or visit us at www.moonshotresearch.xyz.[00:00] Teaser [00:38] Show intro[00:55] Welcome to Nik [02:44] Nik’s experience in crypto [09:51] Expertise on Helium and the mining process [15:19] Growth of the market in the future[16:57] What percent of IOT networks are using Helium?[19:05] Does it matter what network they use?[21:05] How will the next 5 years of Helium develop?[25:30] Helium in the wild [30:14] Excitement about token incentivized spaces [35:42] Relying on venture capital vs. people[37:50] Does Helium do pattern recognition the best?[41:12] How will integration work?[42:32] Opinions on competition[43:39] How Nik sees his role in the physical infrastructure space[47:34] Wrapping up and where to find Nik Follow the Moonshot Research team @USA_Pharoah, @KidQuartz1 and @PapaPelli or visit us at www.moonshotresearch.xyz.

Welcome Daniel Spillere and Maxime Goossens, the co-founders behind Hotspotty. Hotspotty is a leading DeWi software platform that facilitates infrastructure management, education, and community collaboration for proof of physical work (PoPW) projects.Today we hear the story behind Hotspotty's development from early days to its future within DeWi, along with some projects that Max and Daniel have their eyes on.We explore how Hotspotty built a 250,000 hotspot Helium community and plans to build infrastructure and collaboration tools to help DeWi projects like Pollen, XNet, Dimo, and more.This is a must listen for anyone interested in Decentralize Wireless (DeWi), Decentralized Networks, Proof of Physical Work (PoPW), and Token Incentivized Proof of Physical Infrastructure (TIPIN). To learn more about hotspotty, check out the links below and visit Daniel (@dspillere) and Max (@maxime_goossens) on Twitter. Website: https://hotspotty.net/ Discord: Hotspottyandchill Twitter @hotspottyYou can also follow the Moonshot Research team @USA_Pharoah, @KidQuartz1 and @PapaPelli or visit us at www.moonshotresearch.xyz. [00:00] Episode teaser [00:13] Show intro [00:26] Welcome to Daniel and Max[01:26] How Daniel and Max got into the DeWi space[07:21] Why is the decentralized model effective?[09:13] Where is Helium going next?[10:59] How Hotspotty fits into the ecosystem [12:51] Tools Daniel and Max have created[19:33] True decentralization and users of Hotspotty [22:25] How Hotspotty developed as a company [23:46] What projects are catching Daniel and Max’s eyes[29:09] The current challenges preventing the decentralized model [32:02] Things that could prevent a decentralized model [35:40] How to join DeWi if you’re interested [37:23] Fast forwarding into DeWi [40:01] Where Hotspotty fits in the future of DeWi[42:03] Where to find Hotspotty [43:23] What did the dentist pay for the Spectrum network?[44:16] Close out Follow the Moonshot Research team @USA_Pharoah, @KidQuartz1 and @PapaPelli or visit us at www.moonshotresearch.xyz.

This week we’re talking to George and Abraham about NFTs, why they invest in them, and where they think NFTs are going in the future. We also discuss the founding story of Reidar, what it’s like investing with a DAO, and all the benefits of a group approach to digital asset investing. Find out more about the DAO that George, Abraham, and Nick are apart of on their website, reidar.io,  or on Twitter @ReidarDAOGeorge is studying business administration, and is the primary NFT writer at Real Vision Crypto. Connect with him on Twitter @F4ntast1cMrF0xAbraham is in his final year of law school and co-founded Radar DOA, as well as two other companies. Connect with Abraham on Twitter @Abraham_L_LYou can also follow the Moonshot Research team @USA_Pharoah, @KidQuartz1 and @PapaPelli or visit us at www.moonshotresearch.xyz.[00:00] Episode teaser[00:36] Show intro[00:49] Welcome to George and Abraham[02:15] How much does George bench?[02:57] George and Abraham’s background getting into Web 3[08:14] Why they decided to go deep into NFTs[17:10] How do you value an NFT?[25:30] Betting on NFTs[30:33] How do you choose which collections to invest in?[36:19] Investing with a community[41:03] The ambition and future plans of DOA[46:51] Where to find more info and wrap upFollow the Moonshot Research team @USA_Pharoah, @KidQuartz1 and @PapaPelli or visit us at www.moonshotresearch.xyz.

We’re covering changes in crypto markets, Coral’s investment categories, hot takes on current crypto events, and more on today’s episode with Tom McLaughlin. Tom McLaughlin is the chief investment officer at Coral, a Web 3 fund focused on DeFi investing. Learn more about Coral DeFi on twitter at @coraldefi or on their website at coralcapitol.io.Coral has a compelling track record as a leading DeFi fund, and this episode is a must listen for anyone serious about quality yield investing.You can also follow the Moonshot Research team @USA_Pharoah, @KidQuartz1 and @PapaPelli or visit us at www.moonshotresearch.xyz.[00:00] Episode teaser[00:29] Show intro [00:43] Introduction to Tom McLaughin[01:30] Tom’s journey into crypto [07:16] Major investment categories for Coral [08:52] Will institutional money outflow from DeFi?[11:49] The different ways to make healthy yield in DeFi + risks[14:08] Identifying healthy yield categories[15:48] Big red flag for yields[19:36] How the 2022 shaped Tom’s views[22:59] Managing liquidity restraints[24:09] Holes in DeFi’s dam[25:27] Approach to the merge [27:54] Leveraging crypto and how Tom thinks it’ll evolve[33:22] What Tom is seeing on the venture horizon[44:10] Maximizing profits, copy cats, and new products[48:09] Abracadabra, Terra, and Mirror [51:22] Puerto Rico and the crypto community [53:30] Advice for people to curate their crypto portfolio [54:56] Wrap up and socials Follow the Moonshot Research team @USA_Pharoah, @KidQuartz1 and @PapaPelli or visit us at www.moonshotresearch.xyz.

This week we are joined by Sal and Mahesh from Escape Velocity to discuss decentralized wireless (DeWi). Escape Velocity is a web3 investment fund with deep conviction in the power of decentralized systems and decentralized networks.We cover the trillion dollar opportunity represented by DeWi, the major networks and design differences between Helium and Pollen, and how DeWi compares to traditional Telcom and Wireless (TradWi).We also run through the unit economics of DeWi, its structural and economic advantages to traditional Telco, and the bull case for why DeWi will eventually capture 5G market share.To learn more about EV3, you can follow their excellent writing at https://www.ev3.xyz/ or find them on twitter @ev3ventures.You can also follow the Moonshot Research team @USA_Pharoah, @KidQuartz1 and @PapaPelli or visit us at www.moonshotresearch.xyz.Show Notes[00:47] Introduction to Sal, Mahesh, an Escape Velocity[08:15] Programmable money and motivation to move into web3 and crypto investing full time[09:40] The opportunity of crypto networks and token incentives for physical activities[10:30] El Salvador’s adoption of bitcoin[12:25] Why decentralized networks are useful and interesting and how they compare to traditional telco[20:00] Why DeWi will eventually capture 5G market share and its structural advantages to traditional networks[21:40] Major tailwinds and investment trends driving  DeWi[23:40] Breakdown of major projects including established networks like Helium and emerging 5g projects like Pollen[29:40] Business model and use cases of Helium and DeWi[35:20] Challenges working with traditional Telcos, regulatory requirements of using Citizens Broadband Radio Service (CBRS) spectrum, and DeWi benefits to deploying small cells[41:10] How to value decentralized networks? What are the economics of Helium and what is Helium worth?[46:50] Helium as a network of networks — IOT, 5G, Bluetooth, etc.[48:30] Promising projects emerging in DeWi and use cases of data networks; Pollen as a 5G specific network for autonomous vehicles[52:30] Why DeWi will compound rapidly over the coming decades[55:50] Escape Velocity’s role in DeWi and how they partner with founders[58:30] What’s exciting outside of DeWi? DeWi, DeFi, Moonshots, Carbon, and big scary problems and markets to take on[1:04:00] Where to learn more about DeWi? EV3.XYZ and @MoneroMaheshFollow the Moonshot Research team @USA_Pharoah, @KidQuartz1 and @PapaPelli or visit us at www.moonshotresearch.xyz.

This week we are joined by Manny Rincon-Cruz (https://twitter.com/mrinconcruz). We cover a wide range of topics including the history and nature of money, why Bitcoin and the U.S. Dollar can be friends, what makes a stablecoin a stablecoin, the role of crypto in geopolitics, and the potential of DeFi's disintermediation of financial activity.Manny is an Executive Director in the History Group at the Hoover Institution of Stanford, a web3 investor, and a builder of DeFi protocols himself through the Buttonwood foundation and Prometheus Research Labs as well as an advisor to well-known projects like Ampleforth.To learn more about Manny's projects, you can follow his writing at thinking.farm and follow the Buttonwood Foundation on Twitter @ButtonDeFi or on their website button.foundation.You can also follow the Moonshot Research team @USA_Pharoah, @KidQuartz1 and @PapaPelli or visit us at www.moonshotresearch.xyz.[0:00] Introduction to Manny Rincon-Cruz[2:40] How Manny first started thinking about crypto and money[6:00] How Manny views of money have adapted since 2017[7:10] Why we should be bullish on the U.S. and the Dollar and Bitcoin can be friends[12:50] How the relationship between gold and sovereign debt could translate to DeFi[14:20] The bull case for the United States and US dollar (and Dollar geopolitics)[17:10] The impact of sanctions on US dollar markets and crypto[19:00] What makes a good government currency vs. digital currency[24:00] Where dollar dominance comes from and how it plays into US geopolitics[27:40] The value unlocked by DeFi rails and disintermediation of financial services and why the U.S may be unique advantaged to capitalize on crypto[32:10] The benefits of using a disintermediated financial system and how web3 could become a stronger American economic sector[39:30] Perspective on GameFi and NFTs[41:25] The Buttonwood Foundation and how Manny is building a web3 bond market[45:00] Why margin leverage tends to lead to underperformance and path dependence[48:00] How Buttonwood works, avoids margin calls via non-callable debt, and allows users to split equity and debt on chain[52:05] Recent blowups of Celsius, 3 Arrows Capital, Luna/Terra and the current crypto macro environment[58:30] Creating crypto native currencies and on-chain monies[1:00:00] Fallout from current crypto collapsesFollow the Moonshot Research team @USA_Pharoah, @KidQuartz1 and @PapaPelli or visit us at www.moonshotresearch.xyz.

This week we speak with anon intern @AnonNgmi about his story founding ApolloDAO, building through the Luna / Terra collapse, exciting opportunities in Cosmos, and the benefits of being an anonymous builder.To learn more about Apollo DAO, check out apollo.farm and follow them on Twitter @AnonNgmi and @ApolloDAO.You can also follow the Moonshot Research team @USA_Pharoah, @KidQuartz1 and @PapaPelli or visit us at www.moonshotresearch.xyz.Follow the Moonshot Research team @USA_Pharoah, @KidQuartz1 and @PapaPelli or visit us at www.moonshotresearch.xyz.

This week we sit down with Robert Chen to chat about the state of web3 security and discuss some of the largest exploits in DeFi history. In this more technical interview, we learn more about different web3 attack vectors, how exploits were performed (often draining 10s to 100s of millions), and conclude with Robert’s views on the state of web3 security and promising upcoming projects.To learn more about OtterSec check out their blog (blog.osec.io) and follow them on Twitter (@osec_io @NotDeGhost)You can also follow the Moonshot Research team @USA_Pharoah, @KidQuartz1 and @PapaPelli or visit us at www.moonshotresearch.xyz.[0:00] Note: This week we have a more technical episode with Robert Chen, the founder of OtterSec, a web3 security and auditing firm.[1:22] Overview: Robert’s story founding OtterSec, the major types of web3 attacks and most interesting exploits Robert has seen over the past few years, and views of Solana and other L1 ecosystems from  Robert’s time under the hood with web3 builders.[2:18] Introduction to OtterSec and Robert Chen.[4:15] The start of OtterSec — reporting large bugs in Sabre and Jet and landing larger clients over time.[6:05] Current projects: Bridge integrations as an attack surface, Aptos and SUI as new design spaces, and Solana frameworks.[8:05] How security firms and hackers evaluate projects — Recurring themes and ‘Areas of Complexity’.[9:30] The balance between auditing code and auditing ideas — Design frameworks and OtterSec’s role in supporting client companies.[12:30] How MEV makes OtterSec a sharper auditing firm (e.g. how flash loans affect Solana).[13:45] Robert’s pessimistic view on blockchain security based on an under the hood look at different DeFi protocols.[14:30] Favorite (or most interesting) hacks, Solana account issue hacks, Crema’s hack on a closed source codebase.[18:00] Other attack types — Ethereum flash loan exploits (e.g. beanstalk), Solana’s 300M wormhole hack, Solana’s account model.[20:40] How major exploits work: Flashloans and Bridges.Flashloans — Flashloans will lend you a lot of money (billions) for an ultra-short period of time. Does this DeFi primitive have utility outside of MEV and hacks?Bridge exploits  fall into two categories 1. chain-specific vulnerabilities and 2. relayer vulnerabilities. Due to the large size of these hacks (hundreds of millions) the attacks themselves are usually more bespoke.[25:00] DeFi projects that Robert gets excited about vs. simple DeFi primitives.[27:40] Cross-margin and cross-chain DeFi — Jet and MarginFi.[28:45] How OtterSec chooses its clients — quality of code is king.[30:00] Views on DeFi landscape and investing.Investing based on quality of code.Sloppiness can indicate less serious teams and/or rug pulls.[32:00] Projects to get excited about:Jet V2Aptos and SUI and the move ecosystems[32:40] How Aptos and SUI differ from existing L1s and moves differentiation as a blockchain native programming language.[33:30] What’s it like building a top tier auditing firm as a college student?[34:25] Is DeFi’s reputation continually eroded by hacks and exploits? Does decentralization lead to a lower security code environment?[35:50] Will Web3 and DeFi ever be safer than its web2 counterparts? Perhaps not…[36:40] Staying anonymous as a hacker and how hackers can cash out of the system? How to launder millions of dollars (but perhaps not hundredsFollow the Moonshot Research team @USA_Pharoah, @KidQuartz1 and @PapaPelli or visit us at www.moonshotresearch.xyz.

Hexagon Wireless is building at the intersection of wireless technology and crypto. This week we do a deep dive into decentralized wireless (DeWi) with the Hexagon team.We cover:The basics of decentralized networksHelium – The largest and most successful decentralized network to datePollen – an up and coming decentralized 5G networkThe move from IoT connectivity to 5GWhat the future could hold for crypto coordinated networksHow to motivate physical actions via token incentivesYou can also follow the Moonshot Research team @USA_Pharoah, @KidQuartz1 and @PapaPelli or visit us at www.moonshotresearch.xyz.1:00 - introduction to decentralized wireless (DeWi) and background on our guests from Hexagon Wireless1:55 - What does DeWi mean?2:45 - Overview and history of Helium5:10 - Origin story in decentralized networks: Connors college Helium mining operation and Steve’s entry through Bitcoin and Helium’s whitepapers9:50 - Overview of the major network projects that interest Hexagon Wireless and how they differ from legacy telcom10:15 - Helium 5G and Pollen Mobile: How decentralized networks can leverage citizens broadband radio service (CBRS) to deploy 5G mobile networks12:40 - Major differences between Helium and Pollen’s 5G models15:40 - Benefits to telcom partners and value proposition to consumers17:35 - Difference between wifi and cellular spectrum18:35 - Advantages and disadvantages of different spectrums20:15 - The progression from wireless to helium IoT to decentralized 5G and the state of coverage for Helium and Pollen22:50 Cost model and user benefits of DeWi vs traditional wireless (TradWi)29:30 Hexagon’s role as an accelerator in DeWi and stages of involvement as networks matureLifecycle:Stage 1 - Network first gets launched, people need to buy and deploy hardware and bring the network onlineStage 2 - As more participants come online, there is need for financial and staking servicesStage 3 - Software that makes the space easier to interact withStage 4 - Data demand on networks and providing wireless coverage as a service32:50 - Current data demand and use cases on the Helium network (10-20$ per hour)35:25 - Future of DeWi from Hexagon’s view and the end state of wireless38:20 - Favorite projects that could benefit from DeWi’s approach and motivating physical actions via token incentivesHivemapper - decentralized google mapsDiMo - decentralized car data42:00 - Rewarding coordinated action with crypto and  proof of physical workFollow the Moonshot Research team @USA_Pharoah, @KidQuartz1 and @PapaPelli or visit us at www.moonshotresearch.xyz.

This week we explore layer one (L1) blockchains and projects that look like Luna / Terra due to chain native algorithmic stables.What is a layer one blockchain?Could L1s be described as borderless nation states?What we look for when making L1 investment decisions.What is Waves? Is it an eastern European Ethereum or ghost chain?Suspicious behavior on the Waves chain.Follow the Moonshot Research team @USA_Pharoah, @KidQuartz1 and @PapaPelli or visit us at www.moonshotresearch.xyz.

What does the future hold for Beanstalk Farms and stablecoins? On this Podcast, we chat with bean founder Publius and discuss the pros, cons, and future of algo stables.Show Notes:- Publius' beginnings at Galaxy digital and serendipitous introduction to crypto- Introduction and background on @papapelli- Publius' introduction to algo stables via basis cash — which felt like a scheme for early investors to cash out via later investors due to its seignorage model- Deep dive into seignorage models for different fiat and digital currencies (including a comparison to LUNA)- How seignorage determines who profits from the growth of stablecoins- Why we need algo stables? High borrow / carry costs of stables made use in many applications impractical (lending rates of 10-15% create opportunity cost), which in turn holds back the potential of DeFi- The potential upside of algo stables, if they can achieve a sustainable model- How algo stables can achieve sustainability via genuine demand vs. the risks of synthetic demand via subsidized yield (e.g. $LUNA/Terra Collapse)- Challenges of convertibility, burn/mint, and reflexivity in times of financial crisis- The sustainability of demand for beans outside of yield farming- Publius' take on Beanstalk Farms as an economic system that individuals can opt into (similar to how individuals may opt-in to holding $BTC- How bean seignorage allows holders to benefit from the future growth of the beanstalk economy, making bean the first positive carry stablecoin- The tradeoffs between collateralized stables with high carry costs vs. more volatile stables w/o carry cost- @papapelli's take on the trade off between maintaining peg v. generating yield- How the fed pegs USD to .98c next year (given a 2% inflation target) and its unfair distribution of capital- Lessons from letting beanstalks peg mechanism ride through volatility cycles- Lessons from Luna/Terra's collapse — how internal leverage within the LUNA ecosystem led to its downfall and how stalk creates a different mechanism within bean- How to create non-reflexivity for stalk, beanstalks governance token- How silo whitelists can be used to control internal leverage within the beanstalk ecosystem- The exciting potential for positive carry, low volatility digital assets- How, with widespread adoption, the silo could become the future hub of DeFi- The risk to algo stables of growing too fast without organic demand (and how anchor exasperated inorganic demand for $UST)- Discussion of Silo APRs and seignorage sustainability including a comparison to how  Bitcoin ($BTC) miners are compensated for participation in the $BTC network via new BTC mints- Sam Bankman-Fried's DeFi blackbox analogy, how bean silo yields look similar, and how silo yields differ from AMM inflationary rewards- Where silo rewards come from (future demand for $beans) and how rewards will change / experience volatility over time- How bean could be seen as a decentralized low-volatility version of Bitcoin (BTC) that incentivizes bean holders to participate in beanstalk's economy- How supply levers could allow beanstalk to achieve the digital currency objectives Bitcoin (BTC) originally envisioned- How volatility and large drawdowns are normal and accepted by bean vs. how large drawdowns set LUNA into a death spiral- Is Bean Luna/Terra with better peg mechanics or a decentralized, low-volatility digital asset similar to $BTC?We have loved diving deepeFollow the Moonshot Research team @USA_Pharoah, @KidQuartz1 and @PapaPelli or visit us at www.moonshotresearch.xyz.

Keeping it easy like Sunday morning, join Sunday Crypto on their inaugural podcast! Our two hosts, who have chosen to remain anonymous, delve deep into the two most recent scandals in the crypto world: Luna Terra and Beanstalk. If you're new to crypto don’t worry! Keeping it simple as promised, there is background info on crypto throughout the episode so you can follow along no matter your experience. Follow the hosts on Twitter at @USA_pharoah and @Kidquartz1[00:30] Intro to Sundays in Crypto[3:00] Background Information on Different Types of Stable Coins[08:00] How does Luna Terra work and how did they get to their downfall?[14:56] Collateralizing with Bitcoin[19:33] The perception of Luna and how it contributed[19:31] Closing comments on the attacker and Luna[23:06] How Beanstalk Works: Burning Beans Included.[24:23] The beginning of the downfall of Beanstalk[26:24] Happy (or not so happy) Easter[32:11] Speculations on Barn Raising[33:36] What will be raised in the barn raising?[35:34] Closing outFollow the Moonshot Research team @USA_Pharoah, @KidQuartz1 and @PapaPelli or visit us at www.moonshotresearch.xyz.