ICYMI: Standard Crypto co-founder on leaning into the ‘weirdness’ of crypto
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During this episode of The Scoop, Alok Vasudev, co-founder at Standard Crypto, joined The Block's Frank Chaparro to discuss the future of decentralized autonomous organizations and NFTs, when a project"merits" a DAO, and how Vasudev learned to stop worrying and embrace the 'weirdness' of crypto. "We've always likened ourselves as entrepreneur followers rather than being overly thematic about where things are going and trying to develop too much kind of a fund-specific thesis." This broad investment approach has recently included DAOs, which Vasudev said he believes could one day potentially function like companies in the future, with the added benefit of on-chain governance.
Vasudev also believes NFTs and projects being built for Web3 may likely serve as the proving ground for the future iterations of internet success stories like Angry Birds or Facebook, explaining:
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