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"The world is probably going to be a better place without authority and trust." Gavin Wood on why he's spent over a decade building Web3. 0:00 - Childhood: Lego, self-taught programming 10:00 - Video games 14:02 - Board games 19:34 - Game design as blockchain architecture 25:11 - Philosophy...

292,427 views • 8 months ago •via X (Twitter)

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🔥Web3 Beyond the hype! In this exclusive conversation, hardik, Founder & CEO of The Crypto Times, sits down with Max Rebol, Founding Partner at Harbour Industrial Capital, to explore the future of Polkadot, why focused VC strategies win, and how DePIN and real-world use cases will power the next phase of blockchain adoption. From scaling to a billion users to data monetization and sustainable crypto projects, this one’s packed with insights for Web3 builders and investors. ------------------------------------------------ 00:00 – Introduction to Max Rebol & Harbour Industrial Capital 00:28 – Max Rebol’s Background & Launching a Polkadot-Focused VC Fund 01:47 – Web3 Foundation's Role in Fund Two 02:05 – Fund Size, Track Record, and Investment Strategy 03:05 – Top Investment: Peaq Network & Depin Use Case 04:14 – Web3 for Real-World Users vs. Crypto Natives 04:40 – Polkadot in Gaming: Mythical Games & FIFA Rivals 05:46 – Blockchain Gameplay: Trading Virtual Players 06:21 – Polkadot vs. Ethereum as Backend Infrastructure 07:32 – Cost of Deploying Parachains & Entry Barriers 08:29 – Agile Core Time: Polkadot’s New Scaling Model 10:01 – Scaling from 10 to a Billion Users with Agile Core Time 10:59 – Ethereum’s L2 Challenges and Polkadot's Efficiency 12:30 – L2s as Free Riders? Ethereum’s Sustainability Problem 13:31 – Protocol Revenue: The Crypto Chain Survival Metric 15:06 – Stablecoin Transfers & Nova Wallet Fee Benefits 16:34 – Why Are People Still Using Tron? 17:27 – Polkadot Fee Flexibility: Use USDC/USDT to Pay Fees 18:04 – Protocol Revenue Models for Developers 19:29 – What Gives DOT Token Real Value 20:34 – Polkadot Compared to AWS Credits 22:26 – Polkadot’s TPS Benchmark: 143,000 TPS 24:22 – Polkadot JAM and the Future of Multicore Blockchain 25:46 – Solana Centralization & Hardware Limitations 27:15 – Meme Coin Culture vs. Blockchain Ethics 28:29 – Why Polkadot Won’t Compete in the Meme Coin Space 30:41 – Crypto Narratives from 2017 to 2024 32:56 – Real World Use Cases as the Next Big Narrative 34:23 – Tokenization of Every Asset: The Long-Term Vision 35:42 – Identity & Privacy Use Cases on Polkadot 36:44 – Moving Beyond KYC with Privacy-Preserving Tech 38:14 – Why Traditional Investors Would Use Tokenized Platforms 40:00 – Fractional Real Estate & Global Financial Inclusion 41:48 – Interoperability & Modular Compliance on Polkadot 43:13 – Smart Contracts Enforcing Local Regulations 44:55 – Permissionless Execution vs. Centralized Chains 47:08 – Polkadot NPoS vs. PoS: More Efficient Validator Use 49:09 – Governance on Polkadot: The World’s Largest DAO 50:52 – How Polkadot Treasury Proposals Work (Subsquareio) 51:53 – What Is Polkadot JAM? (Join-Accumulate Machine) 53:47 – Multicore Architecture: Like a Cloud Server for Web3 55:28 – Coherence Across Cores: JAM’s Secret Weapon 56:17 – Doom on the Blockchain: JAM Demonstration 57:53 – Why Not All Games Should Run Fully On-Chain 1:00:02 – Fun Gameplay First, Crypto Utility Second 1:01:55 – Owning & Trading Game Assets on Blockchain 1:03:22 – Mythical Games: Call of Duty Devs Build for Web3 1:05:06 – Raising Capital for Fund 2: Focus on Institutional Investors 1:06:34 – Family Offices’ Strategic Web3 Bets: Why They Choose Polkadot 1:08:32 – Why Focused VC Funds Beat Diversified Strategies 1:10:25 – Capital Deployment Strategy: Revenue-Driven Projects 1:11:45 – Depin & Data Monetization: The Next Web3 Goldmine 1:13:17 – Example: Cars Selling Anonymous Driving Data 1:14:49 – Exchanges, Bridges & Revenue-Focused Infrastructure 1:15:56 – Investing in HyperBridge: Security & Bridge Revenue 1:16:34 – The Future of VC: Sustainable Projects Over Hype 1:16:52 – Closing Words & Thanks from the Interviewer

The Crypto Times

21,911 views • 1 year ago

🔦 ✨ Spotlight on: JAM Day at Sub0 Reset Polkadot co-founder, educator and DJ, Gavin Wood closed out Sub0 Reset with JAM Day: A deep dive into the latest project that plans to transform Web3 and Polkadot. Missed the talk? Here are some key highlights 👇 🍓 First, what is JAM? JAM (Join-Accumulate Machine) is the next-generation, trustless, multicore supercomputer. More specifically: • JAM forms the basis of a “Web3 Cloud” to run services without servers • Combines data hosting and compute functionality • Set to transform Polkadot and permanently change the architecture of Web3. 🏛️ The Web3 Maxims Innovation sometimes requires going back to the roots... → Resilience: Decentralized networks mitigate risks associated with single points of failure. → Generality: Supports diverse dApp needs, such as Governance, Finance, etc. → Performance & Coherency: JAM boosts performance and coherence with advanced synchronization across multiple platforms. → Accessibility: Designed for different user bases, e.g. developers, creators, non-crypto natives, etc. 💬 How does JAM fit into Web3 Barriers still exist for widespread Web3 adoption: • High txn fees • Slow interoperability • High incoherence • Escalating costs Polkadot's Agile Coretime, solves this by ⤵️ 🔸 Lowering barriers to entry 🔸 Optimizing resource allocation and cost savings 🔸 Efficiently allocating blockspace where needed How does JAM stand out? 🔹 Multi-core with mostly coherent shared RAM for smoother functionality 🔹 Strong decentralization with a high degree of resilience 🔹 Better performance optimization 🛠️ Overview of JAM Services Designed as a persistent, workload system on the JAM computer, JAM features a multi-core execution model that is asynchronous, co-schedulable, and orderable ✅ Think of it like a busy coffee shop, and each waiter (a core in JAM) handles multiple orders independently, either in sequence or simultaneously. Payment (bundled gas), is settled upfront, covering every stage of the process from start to finish, ensuring each order is completed efficiently. The JAM Services Pipeline is divided up into 4️⃣ crucial stages: → Authorize: Checks workload is paid for in-core → Refine: Where all work and computation is done → Accumulate: The database → Transfers: Acts as a handler script that coordinates any cross-service signaling or balance transfers 🥾 JAM Roadmap & What to Expect From the initial draft, JAM has seen immense development and continues to optimize — expect to see ⤵️ Soon: Rust JAMSDK for Services & Authorizers 🔥 Q4-2024: Coreboot Q1-2025: CoreVM Q2+Q3-2025: CoreChains Q4-2025: CorePlay Hear it all straight from Gav 👇

Polkadot

57,550 views • 1 year ago