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Thoughts on where polymarket is going compared to the competition and the speculative future of intelligence in information markets. $tao #tao

15,902 次观看 • 11 个月前 •via X (Twitter)

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My conversation with Rob Hadick >|<. As General Partner at Dragonfly, Rob has one of the clearest views on how blockchain is evolving from speculative crypto into the actual infrastructure of global capital markets. In this episode we dig into why finance, payments, asset issuance, and markets are the only parts of crypto that are truly scaling and how the industry is quietly becoming TradFi’s onchain upgrade. We spend a lot of time mapping traditional capital markets primitives directly onto blockchain rails and examining where value is actually going to accrue as tokenization, stablecoins, and onchain trading mature. At the center of the conversation is the belief that blockchain is no longer building a parallel financial system it is becoming the settlement, issuance, and trading layer for the existing one, while crypto itself settles into a more mature “capital markets +” phase focused on real assets, institutional flows, and sustainable business models. We discuss: - The current state of crypto as capital markets infrastructure and the decline of pure speculative narratives - Why finance, payments, and tokenization are winning while most other crypto applications struggle - The architectural parallel between traditional capital markets and on-chain systems - Tokenized assets = Securities - Stablecoins = Cash / settlement - DEXs & on-chain venues = Exchanges - Prediction markets = Information markets - Why institutions are moving on-chain and what they actually want (control, privacy, segregated markets) - Token vs equity: where value accrues in a non-Clarity Act world - The mass extinction event in crypto VC and why Dragonfly is doubling down on financial infrastructure - Stablecoins, RWAs, and the real path to “tokenization of everything” - Prediction markets (and why Polymarket matters) as the next interface layer - Sustainable business models and where value will ultimately capture Timestamps: 0:00 – Introduction & State of Crypto as Capital Markets 2:00 – Why Speculative Narratives Are Fading 7:00 – Finance, Payments & Tokenization as the Only Scaling Verticals 12:00 – Institutional Adoption & What Wall Street Actually Wants 18:00 – Token vs Equity Value Accrual 25:00 – Blockchain as the New Settlement & Issuance Layer 35:00 – Prediction Markets, Information & the Next Interface 45:00 – Crypto VC Consolidation & Dragonfly’s Thesis 55:00 – Real-World Assets, Stablecoins & On-Chain Markets 1:05:00 – Closing Thoughts: Where Value Accrues Next Enjoy!

Logan Jastremski

45,906 次观看 • 9 天前

I’m currently watching Raoul Pal's latest RV podcast on crypto in 2026, and the summary is 2026 is the year of AI He said "Barry Silbert is going to be right, and $TAO is gonna go up" I found it quite funny that most of the things and features they were talking about already exists on Bittensor They highlighted > data marketplaces > owning your data and selling it to models > AI integrated into trading, analytics, and decision-making > Claude-like models being plugged directly into products And said they haven’t really seen this done properly on a blockchain level yet That's the thing alot of people are missing Because the blockchain that’s already decentralizing intelligence and incentivizing it is Bittensor What they’re describing for 2026 already exists on TAO The only problem is how to go bigger and drive adoption > decentralized data and intelligence markets > open competition between models > real incentives for performance > AI systems that can plug into finance, research, prediction, and analytics Even the “Claude integration” they talked about? We already see dope models being used inside subnets, competing, evaluated, and rewarded openly. This is why the Bitcoin 2012 comparison keeps coming up Small builder community High signal Hard to understand No clear valuation framework yet But the difference this time is that the asset isn’t money It’s intelligence $TAO is still under $300, way cheaper than $ZEC right now Not holding TAO long term, while the world is clearly moving toward AI-native economies, is a dumb mistake at The question isn’t if intelligence becomes decentralized It’s who owns the rails when it does So far, only one network is actually building that Bittensor ($TAO)

Angry Davee

10,613 次观看 • 7 个月前