Web3 Series: Kyle Samani on ETH Bearishness, DeFi, and Web3 Social

Kyle Samani (@kylesamani), co-founder and managing partner at Multicoin Capital, joins Erik on this episode to discuss:- How crypto enables people to coordinate and set up things in the physical world, as with the Helium project.- The shift in Ethereum over the last 24 months and why he says they need to re-think their product development process and shift away from its prior ideological underpinnings to get to a billion users.- Why he thinks that Ethereum is no longer dominant and is long-term bearish on it.- Why consumer social will be the future of Web3 apps in the near future.- Why transactional marketplaces like Uber don’t work well in crypto form.- His thoughts on how NFTs evolve and why he says it doesn’t make sense to have horizontal marketplaces like OpenSea.Thanks for listening — if you like what you hear, please review us on your favorite podcast platform. Check us out on the web at www.villageglobal.vc or get in touch with us on Twitter @villageglobal.Want to get updates from us? Subscribe to get a peek inside the Village. We’ll send you reading recommendations, exclusive event invites, and commentary on the latest happenings in Silicon Valley. www.villageglobal.vc/signup