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Web3 Normies

Web3 Normies
Author: Raghu Mohan, Prashanth Swaminathan & Doodhwala
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© Raghu Mohan, Prashanth Swaminathan & Doodhwala
Description
A chill podcast about web3 from 2 normie friends.
Normie #1 is Raghu Mohan aka CHAD Buidler, the co-founder of BuidlersTribe, a Web3 Incubator.
Normie #2 is Prashanth Swaminathan aka Big Brain VC, a Partner at Woodstock Fund, a web3 investment fund.
Raghu brings the bottom-up trends of web3 founders, and Prashanth brings the top-down thesis of an investor.
Brought to you by the Doodhwala 🥛
Normie #1 is Raghu Mohan aka CHAD Buidler, the co-founder of BuidlersTribe, a Web3 Incubator.
Normie #2 is Prashanth Swaminathan aka Big Brain VC, a Partner at Woodstock Fund, a web3 investment fund.
Raghu brings the bottom-up trends of web3 founders, and Prashanth brings the top-down thesis of an investor.
Brought to you by the Doodhwala 🥛
20 Episodes
Reverse
In this video, the normies discuss the latest news and trends in the cryptocurrency space, with a focus on exchange-traded funds (ETFs).
The normies discuss:
• Will banks adopt it if approved?
• Is the crypto ETF a net good for crypto?
• How could the ETF impact crypto exchanges?
PLUS: Why is investment moving away from the US?
Timestamps:
0:00-2:45: Prashanth's opinion on the market
3:38-7:33: What's up with the Crypto's macro space
7:34-14:28: Gary Gensler's controversial opinions
14:28-16:48: a16z moving to UK
16:49-25:50: Everything about the ETF
25:51- 28:56: ETF for Ethereum?
28:57-31:50: Crypto Organizations, DAO, Networking & more about the ETF
31:51-37:28: With the ETF, what happens to the BIG exchanges
37:30-38:50: Banks adopting the ETF
38:51-39:55: Bitcoin ETF net good or net bad?
Crypto and AI. Everyone is talking about it. But do you know what connects crypto with AI? We'll give you a hint, we've all played this as kids.
(stop thinking of dirty things)
We're talking about – G A M I N G.
The normies chat about:
• Is Web3 Gaming all hype or is there some potential?
• Can Web3 gaming ever look as cool as Web2 gaming?
• How does a crypto founder go from 0-1, and from 10-100?
PLUS: Prashanth talks about his trip to London to watch Arsenal win the Premier League. Oh, wait...
Brought to you by Doodhwala. 🥛
Get smarter on crypto in 2-minutes: https://www.doodhwala.xyz/
Subscribe to Prashanth's Substack: https://prashanthswaminathan.substack
Chapters:
0:00-7:33 Intro: Who is Aakash and what is Matrix
7:34-10:43 Difference between a founder's phases
10:44-12:40 What kinda founder/CEO does Aakash look for
12:41-16:55 How did Aakash get started in crypto
16:56- 21:30 Verticals Aakash looks at in Matrix
21:31-33:18 What is Web3 gaming?
33:19- 35:30 Are blockchains tamper-proof?
35:31- 46:55 How to make Web3 game look more Web3 and not Web2
46:56-53:42 The AI Wave and how it's going
53:43- 1:05:17 Who wins in AI?
1:05:19-1:07:22 How will the government regulate AI
1:07:50- 1:16:49 AI and Crypto Intersection
1:16:50-1:18:15 Outro
What kinda workout do you do? Push, pull, legs? That's too basic bro.
This dude just does PUSH. Meet Harsh Rajat, the founder of Push Protocol.
The normies talk to Harsh about why he started a push notification service for Web3 products, and why Push Protocol is so much more than a notification service.
• the genesis of Push Protocol
• how Harsh got Polygon to invest
• the next steps for Push Protocol
Brought to you by Doodhwala. 🥛
Get smarter on crypto in 2-minutes: https://www.doodhwala.xyz/
Subscribe to Prashanth's Substack: https://prashanthswaminathan.substack
------
0:00-5:14: How Harsh started Push Protocol
5:15-13:01: Story until the start of Push Protocol
13:02-20:59: Things Harsh had to unlearn from web2
21:00-29:36: Growth and different phases of the team
29:37-31:58: People Harsh looks up to in Web3
31:50-38:43: Polygon investing story
38:45- 42:22: Harsh’s struggles & challenges
42:24- 44:55: What’s next for Push
44:56-47:15: Final Thoughts
------
Roll out the red carpet because we've got some Crypto 👑 Royalty in the house. This dude has been in crypto longer than most crypto influencers have been alive. From Woodstock to ThorChain, to InstaDApp, and now Frontier. He's been making big ways in crypto since 2017.
He spoke to the Normies about:
- How to build a wallet company?
- Frontier's 3 pronged focus
- Is Uniswap mobile wallet a threat?
PLUS: Ravindra’s 🌶️ views on airdrops.
Brought to you by Doodhwala. 🥛
Get smarter on crypto in 2-minutes: https://www.doodhwala.xyz/
Subscribe to Prashanth's Substack: https://prashanthswaminathan.substack
------
0:00-12:10 Ravindra’s Web3 Journey
12:11-16:43 TVL, DeFi & Woodstock
16:44-24:08 Frontier’s current avatar journey
24:09-28:46 Wallet Journey. How frontier has planned to stay on top
28:37-30:20 Views on Airdrop
30:40-39:13 Views on Account Abstraction & MPC
39:14- 43:19 More on Frontier
43:30-45:57 Chains Frontier caters to & Wallet or Gateway?
46:00-50:48 Companies like Uniswap making wallets, Compliment or Threat?
50:49-53:59 3 things Ravindra looks for in a founder
54:00-58:34 Things Ravindra would want in crypto after 3 years
58:35-1:00:43 Active wallets users and people in crypto
------
It might be too late to think about your future but it ain’t late to think about the future of the blockchains ⛓️
So that’s why the Normies are talking to Ganesh from Covalent.
We talked about:
• The journey of Covalent and the potential it holds for the future of blockchain data
• Activities in the blockchain space, the competition
• Why Covalent chooses demand over supply.
PLUS: We also discuss the CQT network and how it fits into the current market, as well as Covalent's future plans, including their India-specific initiatives
Brought to you by Doodhwala. 🥛
Get smarter on crypto in 2-minutes: https://www.doodhwala.xyz/
Subscribe to Prashanth's Substack: https://prashanthswaminathan.substack
------
0:00-8:14 Ganesh’s Journey
8:15-10:19 Views on De-Sci and Potential
10:20-16:29 What is Covalent?
16:31-24:28 Underrated chains & activities
24:30-32:31 Why is Covalent chooses demand over supply
32:33-41:24 The Competition
41:26-42:35 Is the current market a “Winner takes all” market?
42:37-45:07 How CQT network fits in this
45:08-49:45 What’s next for Covalent?
49:50-53:50 India specific plans
53:51 Final thoughts
------
#blockchain #web3 #blockchaindata
Some blockchains are scalable some are not, but what about your portfolio anon? Is that scalable? 😂
In this episode, we discussed:
- Why L1’s are valued so high
- What went wrong w other blockchains
- How tf does Greg manage to go to every conference? (Is he a superhero?)
Plus: Nischal’s transition from WazirX to Shardeum
Brought to you by Doodhwala. 🥛
Get smarter on crypto in 2-minutes: https://www.doodhwala.xyz/
Subscribe to Prashanth's Substack: https://prashanthswaminathan.substack
Timestamps:
0:00- 4:40 Introduction
4:40-8:49 Greg’s story
8:50-12:48 Nischal’s story
13:45-20:11 Why L1’s are valued so high
20:13- 27:41 What went wrong w other blockchains
27:42-30:48 Nishchal’s product approach
30:50- 35:18 Chains & different launguages
35:19-38:25 Nischal’s transition from WazirX➡ Shardeum
38:26-42:45 Greg going up against the Big Boys!
42:46- 45:44 Community Growth
45:46-48:19 What ‘s next for Shardeum
48:21-50:06 Greg’s Advice
50:28-53:26 Nischal’s Advice
53:27-57:36 Final words
Have you ever been on the wrong side of a trade? Well, you’re a crypto bro. Your entire life is on the wrong side of a trade. 🤣
Turns out, the right side had bots. A lot of bots!
And turns out our guy Yuri has built a protocol to – give money back to the users (people like you and me) that would’ve gone to bots. He gives Prashanth a low-down of:
• How these bots work in the DeFi space
• MEV bots vs Flash Bots
• Wen Chrome extension
PLUS: What’s the big difference between a web2 vs web3 founder
Brought to you by Doodhwala. 🥛
Get smarter on crypto in 2-minutes: https://www.doodhwala.xyz/
Intro to MEV: https://www.mev.wiki/
Follow Yuri: https://twitter.com/kyparus
Learn more about Wallchain: https://www.wallchain.xyz/
Subscribe to Prashanth's Substack: https://prashanthswaminathan.substack
Timestamps:
1:01 - 4:08 Yuri’s Intro
4:18 - 10:25 Key insights he developed
10:26 -17:07 Types of MEV
17:13-19:34 Valuechain & RPC
19:36-28:59 About Wallchain
29:08-34:07 MEV across different chains
34:08-37:06 How MEV works offchain
37:08-39:12 Views on Flashbot
39:14- 43:12 MEV’s product market
43:15- 46:49 Difference between Web3 Founders v Web2 Founders
46:52- 47-27 Chrome extension wen?
For the first time in Web3 Normies history, everyone’s an Arsenal fan. So, this podcast is totally not about winning a Champion’s League.
Raghu and Prashanth are joined by Ramani Ramachandran from Router Protocol and DFYN Network.
They talk about:
• Can Web3 really be interoperable?
• Building on Ethereum vs Cosmos!
• Cross-chain swaps: Yay or Nay?
Plus: Guess where Sandeep Nailiwal made his podcast debut.
Brought to you by Doodhwala. 🥛
Get smarter on crypto in 2-minutes: https://www.doodhwala.xyz/
Subscribe to Prashanth's Substack: https://prashanthswaminathan.substack
Timestamps:
1:03-2:10 - Ram's Arsenal journey
2:11-10:50 - Ram's Crypto journey
10:51-14:00 - Why did he transition to Crypto
14:05-17:49 - Why he didn't do ICO
21:01-28:18 - Bridges & Types of Bridges
28:20-30:33 - Thing that led them to Cosmos ecosystem
30:43-33:05 - Experience with EVM and Non-EVM
33:07-42:02 - How Router deals with Security
42:18-44:44 - Min value lot v Total Value lot
44:45-46:03 - Impact of Low TVL on the spreads
46:05-53:15 - Future of Router & Competition
53:17-57:51 - Where the Business Development concentrating
57:21-59:40 - What about Tokens?
59:42-1:04:04 - Likes and Dislikes about Founders
$1 million is a lot of money. It can get you →
13 Rolexes,
4 Lamborghini or
69 million doodh bottles.
But according to this guy – Balaji Srinivasan – it can get you 1 (YES, JUST 1) Bitcoin in June 2023.
Balaji Srinivasn is:
ex-CTO of Coinbase
Author of the Network State
Future guest on the Web3 Normies pod 🤞
The normies discuss the WHY and the HOW of Balaji’s $1 million Bitcoin bet. And they answer the most important questions.
Questions like:
Is there any merit to Balaji’s bet?
Will the US enter hyperinflation in 2023?
What the hell is going on with Arsenal this season?
PLUS: What’s Arthur Hayes’ hot TAKE on this Bitcoin BET?
Brought to you by Doodhwala. 🥛
Get smarter on crypto in 2-minutes: https://www.doodhwala.xyz/
Subscribe to Prashanth's Substack: https://prashanthswaminathan.substack
Timestamps:
1:29- 4:01 Debt Cycle Breakdown tf is that?
4:02- 10:33 Should we prepare for Balaji's Prediction?
10:34-11:40 How to avoid the Debt Cycle?
11:41-14:38 How AI & Tech can help
15:07-15:45 Why the Normies are not worried
15:46-17:55 Can we trust Arthur Hayes?
17:56-23:08 Is the US government attacking crypto?
23:09-28:36 Arthur Hayes' take on Tokens
28:38-31:18 That Essay which Raghu LOVED
This weekend, the unthinkable happened – Chelsea finally won away from home. In smaller news – a major startup bank paused withdrawals causing the second-largest stablecoin to depeg. Told you the Chelsea news was waaayy bigger.
To make sense of wtf happened – our resident BIG BRAIN VC and OG TradFi bro Prashanth breaks down the situation.
Here’s what you can expect:
- What happened with SVB?
- Why did USDC depeg because of this?
- Does this make USDC stronger or weaker?
- Can Chelsea really keep up the winning run?
Brought to you by Doodhwala. 🥛
Get smarter on crypto in 2-minutes: https://www.doodhwala.xyz/
Subscribe to Prashanth's Substack: https://prashanthswaminathan.substack
Denver was the place to be in Feb - March 2023. Not because weed is legal there 🍁. Lol no, but because one of the oldest + largest Ethereum Hackathons happened in Denver. And the Normie was there in the front row. 👀
Raghu, our resident CHAD BUIDLER, flew down to Denver for ETH Denver (not to cover it for the pod 🤦 ) – to organize a bunch of events around the Buildathon. There he met with hackers, venture capitalists, builders, and even non-EVM believers. 🫢
In this episode he drops the 🔥on:
- Are Ethereum devs excited about Bitcoin Ordinals?
- What does the room think about ZK-rollups?
- Everyone’s building a wallet. Are they wrong?
PLUS: Was that SBF song the most cringe moment of ETH Denver?
Brought to you by Doodhwala. 🥛
Get smarter on crypto in 2-minutes: https://www.doodhwala.xyz/
Subscribe to Prashanth's Substack: https://prashanthswaminathan.substack.com/
Listen to the show on YouTube: https://www.youtube.com/channel/UC8CfRrJWnPEREXhxtxuiZbw
Why did this IIT-IIM dude get into Liquid Staking? ft. Amitej Gajjala from Stader
LSDs are quite popular in crypto. Wait, not that weird drug devs take to stay up all night. We’re talking about liquid staking derivatives. One company that’s doing a 🔥 job with LSDs across proof-of-stake blockchains is Stader Labs.
In this episode of the Web3 Normies podcast, Raghu and Prash talk to Amitej Gajjala, the Founder of Stader Labs.
They talk about:
• How Amitej went from IIT – IIM – Swiggy – Staking cryptos?
• Is staking meant to secure the network or earn passive income or both?
• What’s the learning curve for a web2 engineer to transition into a web3 developer?
Brought to you by Doodhwala. 🥛
Get smarter on crypto in 2-minutes: https://www.doodhwala.xyz/
Subscribe to Prashanth's Substack: https://prashanthswaminathan.substack.com/
Listen to the show on YouTube: https://www.youtube.com/channel/UC8CfRrJWnPEREXhxtxuiZbw
Timestamps:
0:00- 8:18- Amitej's Story of Web3
8:19- 12:24- Amitej's view on Staking
12:31- 19:22- What is LST?
19:39-25:34- How does the PEG get affected & role of ETH
26:33-28:11- How big is his team, How does he hire?
28:14-30:22- His views on $ to % ratio of ETH
30:25- 36:54- What about his competition in the markets?
36:56 - 38:30- Will there be bonding of Stader Tokens
38:38- 40:54- What is the future of Stader?
41:10- 49:02- What worked after Terra?
49:05-50:11- What are his plans for India?
50:57-53:54- His thoughts on Restaking
54:10-56:11- Parting thoughts
One of the most boring phrases in all of crypto is – “Enterprise Blockchain Technology.” 🥱
But we know someone who can make it fun and someone who’s been in the enterprise blockchain space since 2016. 😯
In this episode, the Normies talk with Vijay Krishnan, the director of technology at ConsenSys, a blockchain software company founded by a co-founder of Ethereum, Joseph Lubin.
They chat about:
- Cool use-cases for Metamask!
- What tf is Infura and how does it work?
- How Vijay set up a mining rig in THREE days!
Brought to you by Doodhwala. 🥛
Get smarter on crypto in 2-minutes: https://www.doodhwala.xyz/
Subscribe to Prashanth's Substack: https://prashanthswaminathan.substack.com/
Listen to the show on YouTube: https://www.youtube.com/channel/UC8CfRrJWnPEREXhxtxuiZbw
Timestamps:
0:48-9:42- Vijay's Intro and backstory
9:46- 12:35- 2016 Ethereum vs Current Ethereum
12:38-17:22- What is Consenys
17:24-18:23- How does Consenys manage the product
18:27-22:25- Future of Consenys
22:46-26:16- Some exciting use-cases
26:17-27:20- Future for Metamask
27:21- 28:49- Will Consensys go non-EVM
28:54-33:43-Views on Account Abstraction
37:51-41:56- The Infura story
41:57-45:09 Will the world be multichain?
45:11-49:42- About ZK EVM
49:45-52:56-Will Consenys go vertical?
53:00-56:15- Consenys' India plans
Metaverses are cool. In some of them, I can even have a real girlfriend. But how are metaverses built, why are they cool (besides the girlfriend part ofc), and what can they become?
To understand all of 👆the normies brought on Sai Krishna, from CopeStudio, Polygon-acquired company building tools for the metaverse.
He answers a very important question:
Can we really drink 2-day old doodh ❌
Does a metaverse really need a token ✅
Catch the Normies dropping some 🔥in English and in God’s favourite language.
By God we mean, the only and only SUPERSTAR Rajnikanth. 😎
Brought to you by Doodhwala. 🥛
Get smarter on crypto in 2-minutes: https://www.doodhwala.xyz/
Subscribe to Prashanth's Substack: https://prashanthswaminathan.substack.com/
Listen to the show on YouTube: https://www.youtube.com/channel/UC8CfRrJWnPEREXhxtxuiZbw
0:00- 4:43- What tf is SAI?
5:26- 11:20- Sai's background Polygon Story
11:21-14:42- Polygon Story
14:59-20:00- Should a metaverse be open?
20:11-10:57- Three J's Story and Metaverse
31:01-40:24 - Web3 & Metaverse intersection
40:32-48:44- GPU power for rendering Metaverse
49:35- 55:30- How to get users into the Web3 Metaverse
55:42-59:58- State of the Metaverse current
1:00:29-1:03:06- State of the Metaverse future
1:04:08- 1:08:20- How will humans deal with metaverse ethics
1:08:23 -1:09:43 - The Normies' view on the Metaverse
DeFi is more complicated than my last girlfriend. And more useful than a swiss knife. Damn, that’s a weird combination.
To make sense of this weird combination, we’ve got Karan Ambwani (that’s Ambwani, not Ambani!!) the lead for dYdX India.
He joins the normies to talk about all things decentralized finance.
Karan does 3 things:
1. Make sense of DeFi (weird! but okay)
2. Is Interesting in DeFi (really weird)
3. Builds real things in DeFi (ok, weirdo confirmed)
Catching him dropping some knowledge bombs with the normies.
Brought to you by Doodhwala. 🥛
Get smarter on crypto in 2-minutes: https://www.doodhwala.xyz/
Subscribe to Prashanth's Substack: https://prashanthswaminathan.substack.com/
Listen to the show on YouTube: https://www.youtube.com/channel/UC8CfRrJWnPEREXhxtxuiZbw
Track pants and hoodies or a suit and tie. What would you rather wear?
Either, as long as there’s a doodh stain ofc.
Arjun Kalsy, however, has worn them both. He’s also worn a buncha hats, with Polygon, and now he’s with Mantle, a BitDAO incubated project.
He joins the normies to talk about his hustler story, the early days at Polygon, and the big things brewing at Mantle.
Brought to you by Doodhwala. 🥛
Get smarter on crypto in 2-minutes: https://www.doodhwala.xyz/
Subscribe to Prashanth's Substack: https://prashanthswaminathan.substack.com/
Listen to the show on YouTube: https://www.youtube.com/channel/UC8CfRrJWnPEREXhxtxuiZbw
Founders. Crypto is full of them. Some of them could be the next Sandeep Nailiwal, while others could be the next Sam Bankman. You know who you are. 👀
How can you tell the difference between them? 🤔
That’s 👆what Prashanth, the Big Brain VC gets into in this episode of the Web3 Normies.
Raghu also gives a lowdown of layoffs galore and some cool name drops on DeFi companies bringing real-world bond (read: boring) assets on-chain.
Brought to you by Doodhwala. 🥛
Get smarter on crypto in 2-minutes: https://www.doodhwala.xyz/
Subscribe to Prashanth's Substack: https://prashanthswaminathan.substack.com/
Listen to the show on YouTube: https://www.youtube.com/channel/UC8CfRrJWnPEREXhxtxuiZbw
Solana, like Chelsea FC, has had a rough few months.
So, the normies call in Akshay BD, the head of international expansion at the Solana Foundation to give them a lowdown of what’s up at the L1?
BD drops some 🔥stories about his days at Uber speaking to Arvind Kejriwal about surge pricing in Delhi, the early years at Solana, and the blockchain’s future as the Wall Street for Crypto.
Pareen besides hanging onto that beautiful lock of hair, probes into the aspects of hiring, web3 culture, and some other fun stuff.
Brought to you by Doodhwala. 🥛
Get smarter on crypto in 2-minutes: https://www.doodhwala.xyz/
Subscribe to Prashanth's Substack: https://prashanthswaminathan.substack.com/
Listen to the show on YouTube: https://www.youtube.com/channel/UC8CfRrJWnPEREXhxtxuiZbw
2022 sucked. But can 2023 be better?
A builder and a VC hash it out and deliver some spicy hot takes on everything from crypto gaming to "DeFi regulations." Let's hope newsletters are safe tho. 🤞
Oh, and if you wanna know how the big bad FED affects crypto, Prash drops some knowledge bombs. 💣
Brought to you by Doodhwala. 🥛
Get smarter on crypto in 2-minutes: https://www.doodhwala.xyz/
Subscribe to Prashanth's Substack: https://prashanthswaminathan.substack.com/
Listen to the show on YouTube: https://www.youtube.com/channel/UC8CfRrJWnPEREXhxtxuiZbw
The first episode of Web3 Normies (aka the Genesis Block), where Raghu and Prashanth talk about current trends in the market heading into 2023.
Raghu gives the builders' perspective, having seen it first-hand from BuildersTribe, and Prash brings in the investor's thesis.
They close with some interesting thoughts on why this bear market is the best to BUIDL.
Brought to you by Doodhwala. 🥛
Get smarter on crypto in 2-minutes: https://www.doodhwala.xyz/
Subscribe to Prashanth's Substack: https://prashanthswaminathan.substack.com/
Listen to the show on YouTube: https://www.youtube.com/channel/UC8CfRrJWnPEREXhxtxuiZbw