Published in Newtown Partners·Feb 20, 2019Adoption of Decentralized Networks, A Mental ModelH/t to Qiao Wang from Messari whose writing on the theory of The Firm sparked this thought process. Since its inception, the internet has structurally reorganized many industries, such as the newspaper industry. The internet has empowered aggregators and platforms who serve customers to the detriment of suppliers by forcing…Decentralized Networks5 min readDecentralized Networks5 min read
Published in Newtown Partners·Feb 18, 2019Security Tokens and the path to liquidity*This article discusses legal concepts on a high-level. I am not a lawyer, and I am certainly not your lawyer. This is not legal advice.* Security Tokens burst onto the scene towards the second half of 2018. Suddenly, it seemed that every blockchain project raised funding through a Security Token…Blockchain4 min readBlockchain4 min read
Published in Newtown Partners·Sep 27, 2018Op Ed: The Adoption Fallacy of Decentralized ApplicationsAuthors: James Kilroe & Seamus Hennesy It’s no secret that DApps have struggled to achieve adoption; in fact, according to stateofthedapps.com, the most popular DApp currently has just 1,811 daily active users (DAUs). In our opinion, the poor adoption rates of DApps can be attributed to the high adoption costs…Blockchain6 min readBlockchain6 min read
Published in Newtown Partners·Jun 21, 2018Unpacking Token Curated RegistriesIt has been said that Token Curated Registries (TCRs) could become the lists of the future. The topic is becoming increasingly popular, and it’s no wonder — we love lists. Top restaurants, top universities, the best cars — we are inherently drawn to online lists to make various decisions. Why…Tcr7 min readTcr7 min read
Published in Newtown Partners·Jun 7, 2018The Smart Contract Platform Master Plan. Fostering Adoption is keyEOS is about to launch its mainnet this week after a year of anticipation and a $4 billion+ raise. It is the first of many new smart contract platforms that will launch in the next 12 months. Second generation smart contract platforms such as Tezos, Cardano and Dfinity, have all…Blockchain9 min readBlockchain9 min read
Published in Newtown Partners·May 18, 2018Trust without a central authority. How Civic’s updated token model decentralizes trust.Authors: Kyle Levin & James Kilroe — As we move towards a more decentralized world, it has become apparent that tokens are critical in enabling true decentralization. DApp builders must design platforms that are both technically decentralized (Byzantine Fault Tolerant) and regulate the behaviour of actors on the network without a central authority. …Blockchain9 min readBlockchain9 min read
Published in Newtown Partners·Nov 21, 2017Application Protocols are the better investment. Here’s why.“the market cap of the protocol always grows faster than the combined value of the applications built on top, since the success of the application layer drives further speculation at the protocol layer.” — Joel Monegro In Fat Protocols, Joel Monegro predicted that the blockchain will turn where internet value…Blockchain7 min readBlockchain7 min read
Published in Wala·Nov 3, 2017Velocity of the Dala Token and why it mattersHi guys, Tricia asked me to share this extract on the Wala blog as it describes the expected velocity of the Dala Token. If you are a crypto-enthusiast and you don’t know about token velocity or velocity levers yet, you should. Trust me. They are some of the biggest factors…Fintech8 min readFintech8 min read
Published in Newtown Partners·Oct 31, 2017Velocity of TokensThe velocity of tokens is a key aspect that affects future token value; however, it is also one of the least understood. This post attempts to describe velocity, how it impacts any token price over time and analyses the velocity of the Dala token as an example. Equation of exchange The equation of…Bitcoin8 min readBitcoin8 min read
Published in Newtown Partners·Oct 12, 2017Crypto-network effects are driving Thin ProtocolsJoel Monegro wrote “Fat Protocols” in 2016, where he postulated that the blockchain stack captures value at the protocol level (Bitcoin and Ethereum) and not the application layer. …Blockchain5 min readBlockchain5 min read
