Charlie Shrem interviews Jake Brukhman, the founder and managing director of Coinfund, the longest running VC fund in the crypto space operating since 2015. He shares how they didn’t even consider smart contracts in the beginning, only digital assets. Jake thinks we’re still very early in the crypto space and that radical innovation will require governance and regulation to get to market. He shares how VC funds operate and how they invest. He also explains the advantages and disadvantages of proof of work, proof of stake and DAG structured projects like IOTA and Hashgraph. Charlie and Jake also talk about how different projects are approaching scalability solutions. Jake believes there will be a boom in app dedicated chains in the future and discuss the reasons for that. They also elaborate on voting theory and different governance systems in and out of the crypto industry. Last but not least, Jake discusses how great projects can be hampered by unfair distribution. --- BitPay gives you the tools to live life on crypto. Whether you want to send crypto to friends, use crypto to buy video games or computer parts, or turn crypto into gift cards for more than 100 mainstream brands, the BitPay app has you covered. You can hold your own private keys in a secure wallet while accessing the best of crypto commerce. Get started at bitpay.com/wallet. --- Bitpanda is a fintech based in Vienna, Austria founded in 2014 by Eric Demuth, Paul Klanschek and Christian Trummer. The company is a firm believer in the innovative power of cryptocurrencies, digitised assets and blockchain technology. Bitpanda’s mission is to tear down the barriers to investing and bring traditional financial products to the 21st century. Today, Bitpanda has more than 1 million users and 120 team members. With a PSD2 payment service provider license, state-of-the-art security and streamlined user experience, Bitpanda has grown into a popular trading platform for newbies and experts alike. Users can currently trade Bitcoin, Ethereum, gold and over 20 other digital assets. --- Pepo was founded by Jason Goldberg, who has been building user experiences for creators and communities for decades. Jason has worked at AOL, Jobster, Social Median, and more recently he connected designers at Hem and Fab. Visit us at Pepo.com/stories for more information. --- If you enjoyed this conversation, share it with your colleagues & friends, rate, review, and subscribe.This podcast is presented by BlockWorks Group. For exclusive content and events that provide insights into the crypto and blockchain space, visit them at: https://www.blockworksgroup.io