Decentralized Ops

Cameron Browne, CPA, is a partner at Darien Advisors, a human-centric crypto tax & advisory firm. In this episode, Cameron joins Gil to discuss how he works with clients on their DeFi taxes, including best practices and tools.Key takeaways include: The story of how Cameron fell down the crypto rabbit hole  How Cameron handles challenges with the complexity of accounting for DeFi transactions Why he works with crypto tax law firm to understand the precedent behind crypto accounting treatment Examples of various DeFi tax cases he's worked on with clients, including liquidity pools, wrapped assets, and running validators Why he recommends getting your feet wet with DeFi platforms yourself as an accountant The differences between crypto taxes for individuals versus businesses Cameron's predictions for the crypto space over the next year, including major consolidation. Where to find the host and guest:  Follow Cameron Browne on LinkedIn and check out Darien Advisors.  Follow Gil Hildebrand on LinkedIn and Twitter Where to learn more about DeOps and Gilded: Subscribe to the Crypto Advisors Newsletter.  Check out the Gilded Website and Blog. The information provided on this podcast does not, and is not intended to, constitute legal, financial, or tax advice; all information, content, and materials made available by this podcast are for general informational purposes only.

Megan Murray is the Operations Manager at ATX DAO. In this episode, Megan joins Gil to discuss how she runs the operations and accounting at ATX DAO Accounting and Operations. Together, they delve into the best practices for managing a successful DAO.Key takeaways include: The 3-fold mission that ATX DAO follows Importance of transparency, security, proper budgeting, and forecasting.  The unique challenges (and opportunities) of running a local IRL DAO. The need to create clear rules and guidelines for a DAO.  Keeping accurate records of financial transactions and assets  The common challenges for DAO operators and practical solutions to overcome them. How to ensure that the organization has enough funds to cover its expenses and to achieve its goals Where to find the host and guest:  Follow Megan Murray on LinkedIn and check out ATX DAO.  Follow Gil Hildebrand on LinkedIn and Twitter Where to learn more about DeOps and Gilded: Subscribe to the DeOps Newsletter Check out the Gilded Website and Blog The information provided on this podcast does not, and is not intended to, constitute legal, financial, or tax advice; all information, content, and materials made available by this podcast are for general informational purposes only.

Trevor Ward, CPA, is the co-founder and CEO at Multisig Media, the leading web3 news and education company for accountants and finance professionals.Gil and Trevor discuss the importance of educating accountants on digital assets, various on-chain solutions to prove an exchange's solvency, the unique challenges (and opportunities) in accounting for crypto assets, and much more.Key Takeaways: How Trevor got crypto-pilled after he was a skeptic Views on the future of custodial vs. non-custodial solutions Various approaches to proof of reserves for exchanges How Coinbase's views on on-chain accounting is bullish for the future of crypto accounting Why education is needed for crypto accountants (and how Multisig Media is helping) Internal controls and best practices in crypto accounting Challenges with spot pricing and updating crypto on balance sheets Where to find the host and guest: Follow Trevor Ward on LinkedIn and check out his company Multisig. Follow Gil Hildebrand on LinkedIn and Twitter Where to learn more about DeOps and Gilded: Subscribe to the DeOps Newsletter Check out the Gilded Website and Blog  The information provided on this podcast does not, and is not intended to, constitute legal, financial, or tax advice; all information, content, and materials made available by this podcast are for general informational purposes only.

Henri de Ram is an accountant and financial analyst at Exodus, a crypto wallet provider.We talk about how to pay employees in Bitcoin and why you might consider crypto payroll over traditional payroll. Disclosure: Exodus is a Gilded customer and uses the Mass Pay feature in order to pay their team in Bitcoin. Key Takeaways How the industry has evolved since Henri got involved in 2017 Henri and Exodus’ view on Bitcoin vs. other blockchains  Why every Exodus employee gets paid in BTC  How Gilded helped save Exodus’ payroll time from 8 hours to 30 minutes  How to manage an index of each employee’s wallets Biggest hurdles for finance teams paying their employees in crypto  Biggest benefits for paying employees in crypto  The web3 use cases Henri is most excited about Where to find the host and guest: Follow Henri de Ram on LinkedIn and check out Exodus. Follow Gil Hildebrand on LinkedIn and Twitter Where to learn more about DeOps and Gilded: Subscribe to the DeOps Newsletter Check out the Gilded Website and Blog  The information provided on this podcast does not, and is not intended to, constitute legal, financial, or tax advice; all information, content, and materials made available by this podcast are for general informational purposes only.

Tara Fung is the co-founder and CEO of Co:Create. Co:Create helps successful NFT projects scale by growing, rewarding, and engaging their community.In this episode, we talk about various business models for NFT communities and how to be successful in web3.Key Takeaways: New revenue models for NFT projects not relying on royalties Legacy brands adapting NFT business models Why IP Licensing is a good way for NFTs to monetize  Sponsorship opportunities with legacy brands NFT projects incorporating fungible tokens as a way to grow and engage your community  How to prevent fraud within NFTs What you need to be successful with NFT business models  Where to find the host and guest: Follow Tara Fung on Twitter and LinkedIn and check out Co:Create Follow Gil Hildebrand on LinkedIn and Twitter Where to learn more about DeOps and Gilded: Subscribe to the DeOps Newsletter Check out the Gilded Website and Blog Follow Gilded on Twitter and LinkedIn   The information provided on this podcast does not, and is not intended to, constitute legal, financial, or tax advice; all information, content, and materials made available by this podcast are for general informational purposes only.

Taylor Zork is the co-founder of CryptoCFOs and author of Accounting for Crypto Assets.In this episode, Taylor shares his experience transitioning from accounting for cannabis to the world of crypto accounting and how CFOs should approach tracking crypto financials.Key takeaways:  Focusing on accounting theory  Collaborating with other crypto CPAs to discuss treatment of crypto assets Challenges with accounting and revenue recognition for blockchain transactions The importance of wallet hygiene Being proactive instead of reactive Writing a book on accounting for crypto assets Launching a community for crypto CFOs  Where to find the host and guest: Follow Taylor Zork on LinkedIn and check out CryptoCFOs.com Follow Gil Hildebrand on LinkedIn and Twitter  Where to learn more about DeOps and Gilded: Subscribe to the DeOps Newsletter Check out the Gilded Website and Blog Follow Gilded on Twitter and LinkedIn  The information provided on this podcast does not, and is not intended to, constitute legal, financial, or tax advice; all information, content, and materials made available by this podcast are for general informational purposes only.

Gil Hildebrand and Zach Sokolski discuss how to prepare for an NFT project. Zach is a Product Manager at Gilded who helped launch Nieux Society — an NFT project designed to bring the creative culture of the city of New Orleans to web3. Zach shares how operators should prepare and bulletproof their project for a successful drop with clear goals and financial preparation. Key Takeaways:  Questions that operators should ask their product and tech teams when preparing for an NFT drop How to ensure the creator royalty percentages are configured and the addresses those royalty payments are sent to How to be clear on your treasury management process Why royalty percentages should be paid directly to a multisig account  Why you should automatically convert funds into dollars and send them to the respective bank accounts  How to have a clear view of what your net revenue is once all the collaborators and partners have received their share of any royalties Where to find the host and guest: Follow Zach Sokolski on LinkedIn Follow Gil Hildebrand on LinkedIn and Twitter  Where to learn more about Gilded and DeOps: Newsletter| Website | Blog | Twitter |  LinkedIn The information provided on this podcast does not, and is not intended to, constitute legal, financial, or tax advice; all information, content, and materials made available by this podcast are for general informational purposes only.

Gil Hildebrand interviews Alyssa Rambeau — a CPA and Solutions Expert at Gilded who's made it her life’s work to help organizations demystify cryptocurrency and NFTs. Alyssa shares what it takes to become a crypto CPA and how you can use legacy tools like QuickBooks to account for crypto transactions.Key Takeaways: Alyssa's journey to crypto and web3 as an accounting pro Why the lack of operational guidance and process in crypto is a problem (and how to solve this) Underestimating the difficulty of understanding blockchain transactions Complexities behind accounting for multiple blockchains, exchanges, NFTs, and various DeFi transactions What to be aware of when accounting for crypto in QuickBooks Where to find the host and guest: Follow Alyssa Rambeau on LinkedIn and Twitter. Follow Gil Hildebrand on LinkedIn and Twitter. Where to learn more about Gilded and DeOps: Newsletter| Website | Blog | Twitter |  LinkedIn The information provided on this podcast does not, and is not intended to, constitute legal, financial, or tax advice; all information, content, and materials made available by this podcast are for general informational purposes only.

Operators need clarity — and better tools — to scale confidently in web3. The age of workarounds is over: it's time for Decentralized Ops. Gil Hildebrand and Farrah Ross Appleman of Gilded introduce the concept of Decentralized Ops (DeOps) and what it means for your crypto-activated business.Key Takeaways Gil identified issues that crypto would one day solve long before the advent of Bitcoin. He discusses a start-up that he co-founded in 2005 that had striking similarities to what would eventually be known as web3. Years later, Gil discovered crypto and soon realized that it would change the financial infrastructure of the world. Early customers of Gilded have evolved from crypto-native organizations to major brands, talent agencies, and gaming companies looking to stake their claim in web3. Crypto isn't just an accounting problem. It touches every aspect of a business' back office. There is a greater need to design procedures and processes beyond just tracking assets. You need a complete operational strategy. Where to find the host and guest:  Follow Farrah Ross Appleman on LinkedIn and Twitter. Follow Gil Hildebrand on LinkedIn and Twitter. Learn more about Gilded and DeOps: Newsletter| Website | Blog | Twitter |  LinkedIn The information provided on this podcast does not, and is not intended to, constitute legal, financial, or tax advice; all information, content, and materials made available by this podcast are for general informational purposes only.