Outside of BTC’s cypherpunk movement, the early days of crypto were more or less barren in terms of innovation. However, this presented a huge opportunity for visionaries and angel investors to either launch or back bold projects, recognizing the potential of crypto stretching far beyond than just payments. One of them was Konstantin Lomashuk, co-founder of cyber•Fund which was a key actor in bootstrapping the cybernetic economy. Apart from early investments in Ethereum, Polkadot, Cosmos, Solana and many others, Konstantin recognized the potential threats to the core ethos of decentralisation and also co-founded Lido DAO in order to stave off Ethereum’s centralization risks.

Topics covered in this episode:

• Konstantin’s background
• cyber·Fund & cybernetic economy
• Entrepreneurship vs. angel investing
• Delegating tasks and scaling businesses
• Lido’s origin story
• Lido DAO proposals and improvements
• Solana vs. Ethereum
• The evolution of Ethereum’s economy
• Konstantin’s other areas of interest
• AI’s risk of centralization
• The impact of AI on crypto
• How CyberFund invests in new narratives

Episode links:

• Konstantin Lomashuk on Twitter
• cyber·Fund on Twitter
• P2P org

Sponsors:

• Gnosis: Gnosis builds decentralized infrastructure for the Ethereum ecosystem, since 2015. This year marks the launch of Gnosis Pay— the world's first Decentralized Payment Network. Get started today at - gnosis.io
• Chorus1: Chorus1 is one of the largest node operators worldwide, supporting more than 100,000 delegators, across 45 networks. The recently launched OPUS allows staking up to 8,000 ETH in a single transaction. Enjoy the highest yields and institutional grade security at - chorus.one

This episode is hosted by Brian Fabian Crain.