Growing pains

12 Feb 2026

We're at a strange moment in time in the crypto industry. There's never been more reason for optimism: we're on the verge of regulatory clarity, the infrastructure is ready, and mainstream adoption is finally happening. DeFi is merging with TradFi. Crypto is being exported...

Blog redesign with AI

03 Feb 2026

One of the best ways to keep up to date with all progress in AI is to use the latest products. Last week I finally got around to redesigning my blog, something I'd been meaning to do for a while. I use Ghost as my content management system,...

Open social graphs

23 Dec 2025

The Farcaster team recently announced that they’re shifting focus away from building a standalone social app and toward a wallet with social features layered on top. Some were quick to interpret the move as a failure, a sign that decentralized social didn’t work, but I don't...

Prediction markets are (also) developer platforms

11 Dec 2025

Last week we announced our investment into Gondor, a company building financial services for prediction market users. In our investment post I wrote about how prediction markets are not just end user destinations, but also developer platforms and I wanted to expand on that. The two leading prediction markets today,...

Gondor

05 Dec 2025

This past year has been a breakout year for prediction markets in which they’ve established themselves as mainstream financial and information markets. And while most of the attention has gone to them as end-user destinations, they’re increasingly becoming developer platforms too. Both Polymarket and Kalshi, the two leading...