The Delphi Podcast

The Delphi Podcast
  • 4.6 (79)
  • TECHNOLOGY
  • UPDATED WEEKLY

Conversations with Crypto Gigabrains. Hosted by Tommy, Co-Founder and Founding Partner at Delphi Ventures

  1. Nic Carter: Quantum Threatens $600B of Bitcoin

    2H AGO

    Nic Carter: Quantum Threatens $600B of Bitcoin

    Join Tommy Shaughnessy as he speaks with Nic Carter, partner at Castle Island Ventures, about his deep dive into the existential threat quantum computing poses to Bitcoin. After six months of intensive research and discussions with Nobel Prize-winning physicists, Nic breaks down why the "quantum threat" has moved from theoretical FUD to a material risk that the Bitcoin community is currently unprepared to face.They explore the "Q-Day" timeline, the vulnerability of Satoshi’s 2 million BTC, and the urgent need for a migration to post-quantum cryptography. Can Bitcoin’s rigid governance survive the most significant technical challenge in its history, or will sovereign nations and private firms reach the coins first?🎯 Key Highlights▸Why Nic stepped away from podcasts and TV to focus on precise technical writing.▸The 2025 Quantum Inflection: Why 2025 was a record year for quantum investment.▸The Trillion Dollar Bug Bounty: The "unsolvable" problem of Satoshi’s P2PK addresses.▸Why Bitcoin developers implemented Taproot without making it quantum-resistant.▸Defense in Depth for BTC: The technical hurdles of implementing post-quantum signature schemes and the potential for a mandatory "migration" period.▸How the U.S.–China rivalry mirrors the 1939 race for the atomic bomb.▸Applying maritime law to the potential "theft" of ancient Bitcoins by private firms like IBM or Microsoft.▸Scoring the Bitcoin core developers’ preparedness at a 1/100.💡 Want to stay updated with the latest in crypto & AI? Hit subscribe and the notification bell! 🔔🧠 Follow the Alpha▸ Nic Carter Twitter: @nic_carter🔗 Connect with Delphi🌐 Portal: https://delphidigital.io/🐦 Twitter:   / delphi_digital  💼 LinkedIn:   / delphi-digital  🎧 Listen onSpotify: https://open.spotify.com/show/62PR1Ri...Apple Podcasts: https://podcasts.apple.com/us/podcast...Youtube:    / @delphi_digital  Timestamps00:00 — Miami loafers and Nic’s return from podcast retirement 01:50 — The 4-part series on Quantum’s risk to Bitcoin 03:00 — Why "Quantum FUD" is actually quality risk assessment 04:30 — 2025: The year the consensus among physicists shifted 07:30 — Probability of a quantum break: 70-80% by 2035 10:00 — Defining Quantum vs. Classical: Probabilistic states and entanglement 15:30 — Physical vs. Logical Qubits: The importance of fidelity thresholds 20:00 — Risk #1: The 2 million BTC sitting in Satoshi’s original wallets 24:00 — Risk #2: Address reuse and the vulnerability of Taproot 28:30 — The "Y2K" of Bitcoin: Working backward from Q-Day 34:00 — The 1/100 preparedness score for Bitcoin Core 40:00 — Geopolitical scenarios: Will the US government requisition the coins? 44:00 — The 1939 Parallel: Secret research and the race for "facile material" 48:00 — How an IBM/Microsoft "theft" would look on-chain 53:30 — Why ETH and Solana may have an easier path to upgrading 59:00 — Maritime Law: Shipwrecks, the Titanic, and "finds" in Bitcoin 01:05:00 — Final outlook: Biting the bullet vs. pleasant fantasiesDisclaimerThis podcast is strictly informational and educational and is not investment advice or a solicitation to buy or sell any tokens or securities or to make any financial decisions. Do not trade or invest in any project, tokens, or securities based upon this podcast episode. The host and members at Delphi Ventures may personally own tokens or art that are mentioned on the podcast. Our current show features paid sponsorships which may be featured at the start, middle, and/or the end of the episode. These sponsorships are for informational purposes only and are not a solicitation to use any product, service or token.

    1h 6m
  2. Mike McCormick: AI Acceleration vs Risks, Funding Global Resilience, AGI scenarios, U.S. vs China

    10/09/2025

    Mike McCormick: AI Acceleration vs Risks, Funding Global Resilience, AGI scenarios, U.S. vs China

    Join Tommy Shaughnessy as he speaks with Mike McCormick, founder of Halcyon, about the urgent intersection of AI acceleration and safety. Mike shares his path from venture capital to launching a hybrid nonprofit–fund model focused on securing advanced AI systems. They dive into mechanistic interpretability, global competition for AGI, and what a safe superintelligence future could look like. Can we build superintelligence safely? How do we balance innovation with existential risk? And what happens to humanity when AGI arrives? Halcyon Futures: https://halcyonfutures.org 🎯 Key Highlights ▸ Leaving VC to focus entirely on AI safety and security ▸ Why Halcyon flipped the model: nonprofit first, fund second ▸ Multi-layered “defense in depth” approach to AI biosecurity & cyber risk ▸ The acceleration vs. safety debate — finding middle ground ▸ Good Fire case: career grants into interpretability research ▸ The 2×2 dilemma — speed vs. slowdown, centralization vs. decentralization ▸ U.S.–China dynamics and fast takeoff scenarios ▸ AI underwriting: how insurance can drive safety standards ▸ Founder-market fit and mission orientation in AI startups ▸ Risk, diffusion, and the uncertain path to AGI 💡 Subscribe for more crypto & infrastructure insights! 🔔 🧠 Follow the Alpha ▸ Mike's Twitter: @MikeMcCormick_ ▸ Halcyon's Twitter: @HalcyonFutures 🔗 Connect with Delphi 🌐 Portal: https://delphidigital.io/ 🐦 Twitter: https://x.com/delphi_digital 💼 LinkedIn: https://www.linkedin.com/company/delphi-digital/ 🎧 Listen on Spotify: https://open.spotify.com/show/62PR1RigLG2YN5Pelq6UY9?si=18ac7ccf36ab4753&nd=1&dlsi=50105fd66e6c4124 Apple Podcasts: https://podcasts.apple.com/us/podcast/the-delphi-podcast/id1438148082 Youtube: https://www.youtube.com/channel/UC9Yy99ZlQIX9-PdG_xHj43Q Timestamps 00:00 — Mike’s background & pivot to AI safety 03:00 — The realization: AGI could change everything 05:00 — Why VC wasn’t enough to solve the problem 06:00 — Halcyon’s hybrid model and early mission 08:00 — AI security concerns: misuse, bio, and control 12:00 — Defense in depth: pre-training → deployment 15:00 — The creativity vs. restriction trade-off 17:30 — Pause AI vs. Build Baby Build 20:00 — Speed vs. centralization: the 2×2 framework 24:00 — Good Fire: career grants & interpretability 27:00 — Writing to neurons: alignment and insight 30:00 — How insurance markets can enforce safety 36:00 — Mission-driven founders & conviction filters 44:00 — Geopolitical race: U.S., China, and compute 50:00 — Diffusion limits, adoption, and energy costs 57:00 — Mass unemployment and meaning after AGI 01:05:00 — What “winning” AGI means for humanity 01:12:00 — Critical thinking, sycophantic AI, and engagement traps 01:20:00 — UBI, adaptation, and new work paradigms 01:30:00 — Three AGI futures: scale, shift, or stall 01:36:00 — 20% catastrophic risk & asteroid analogy 01:40:00 — Final message: talent is upstream of everything Disclaimer This podcast is strictly informational and educational and is not investment advice or a solicitation to buy or sell any tokens or securities or to make any financial decisions. Do not trade or invest in any project, tokens, or securities based upon this podcast episode. The host and members at Delphi Ventures may personally own tokens or art that are mentioned on the podcast.

    1h 42m
  3. Connor Howe: Building the Onchain Execution Engine with Enso Network

    09/26/2025

    Connor Howe: Building the Onchain Execution Engine with Enso Network

    Join Ashwath Balakrishnan and Neel Daftary as they explore the future of DeFi infrastructure with Connor Howe, co-founder of Enso. After nine years of building in crypto, Connor has created what he calls "the shortcut to building on-chain applications" - a developer tool that abstracts away the complexity of integrating with hundreds of DeFi protocols. From powering Berachain's $3.1 billion launch to enabling developers to reduce build times from seven months to just days, Enso is positioning itself as the Unity engine for Web3. Enso: https://www.enso.build 🎯 Key Highlights ▸ Connor's nine-year journey from writing Solidity in Mist Wallet to building crypto infrastructure ▸ How Enso powered Berachain's $3.1 billion DeFi launch behind the scenes ▸ Reducing developer build times from 7 months to 1.5 days through abstraction ▸ Why crypto needs more apps (4,800) than blockchains (1,000+) for mass adoption ▸ The "fat engine thesis" - how abstraction layers will control blockchain routing ▸ Enso's upcoming network model: action providers, grafters, and validators ▸ The "Enso Drop" - accessing 370+ potential airdrops through network participation ▸ Security through simulation: 4ms response times vs industry standard 2.6 seconds ▸ Chain abstraction vs. application abstraction: the real path to user adoption ▸ Why product beats paper in crypto's current critical juncture 💡 Subscribe for more crypto & AI insights! 🔔 🧠 Follow the Alpha ▸ Connor's Twitter: @connor_enso ▸ Enso's Twitter: @EnsoBuild 🔗 Connect with Delphi 🌐 Portal: https://delphidigital.io/ 🐦 Twitter: https://x.com/delphi_digital 💼 LinkedIn: https://www.linkedin.com/company/delphi-digital/ 🎧 Listen on Spotify: https://open.spotify.com/show/62PR1RigLG2YN5Pelq6UY9?si=18ac7ccf36ab4753&nd=1&dlsi=50105fd66e6c4124 Apple Podcasts: https://podcasts.apple.com/us/podcast/the-delphi-podcast/id1438148082 Youtube: https://www.youtube.com/channel/UC9Yy99ZlQIX9-PdG_xHj43Q Timestamps 00:00 — Intro: Connor Howe, Enso co-founder 01:15 — Nine years building in crypto: from Bitcoin to Ethereum 03:00 — Early DeFi development challenges and the birth of Enso 05:00 — Chain abstraction vs. application abstraction philosophy 08:30 — Serving 8% of Web3's developer mindshare (2,250+ developers) 11:00 — Berachain's $3.1B launch: Enso's behind-the-scenes role 13:15 — AI agents, automation, and new use cases emerging 15:00 — Reducing build times: from 7 months to 1.5 days case study 17:30 — Security through simulation: 4ms response times 21:30 — Why we need products people actually want to use 23:15 — New developer onboarding trends and product directions 26:30 — The Enso Network: action providers, grafters, validators 30:00 — Self-service protocol integration and scalability 33:00 — Enso vs. Yearn comparison and strategy differences 35:15 — Network economics and fee distribution mechanisms 39:00 — Upcoming TGE and token utility design 41:00 — The "Enso Drop": accessing 370+ protocol airdrops 42:00 — Developer relations strategy: YouTube, universities, incubators 45:15 — Keeping developers away from crypto Twitter for innovation 47:15 — Fat protocols vs. fat apps: the abstraction layer thesis 51:30 — "Product beats paper" - crypto's critical juncture Disclaimer This podcast is strictly informational and educational and is not investment advice or a solicitation to buy or sell any tokens or securities or to make any financial decisions. Do not trade or invest in any project, tokens, or securities based upon this podcast episode. The host and members at Delphi Ventures may personally own tokens or art that are mentioned on the podcast. Our current show features paid sponsorships which may be featured at the start, middle, and/or the end of the episode. These sponsorships are for informational purposes only and are not a solicitation to use any product, service or token.

    53 min
  4. Austin Federa: From Solana Foundation to Double Zero's Fiber Revolution

    09/25/2025

    Austin Federa: From Solana Foundation to Double Zero's Fiber Revolution

    Join Alex Golding as he sits down with Austin Federa, Co-founder of DoubleZero, to explore how they're building permissionless high-performance fiber infrastructure that could revolutionize blockchain performance. Austin shares the technical vision behind creating a parallel internet for distributed systems, starting with Solana validators as their initial market. DoubleZero: https://doublezero.xyz 🎯 Key Highlights ▸ The internet bottleneck: why high-performance blockchains are hitting infrastructure limits ▸ Building a parallel internet with dedicated fiber, FPGAs, and multicast technology ▸ Proof of utility: weaponizing greed and capitalism for positive-sum network outcomes ▸ 16% of Solana network already running on testnet despite limited infrastructure ▸ Technical deep-dive: signature verification, packet deduplication, and jitter reduction ▸ Token economics and bandwidth contribution models vs traditional staking ▸ Long-term vision: replacing IP addresses with public-private key routing 💡 Subscribe for more crypto & infrastructure insights! 🔔 🧠 Follow the Alpha ▸ Austin's Twitter: @Austin_Federa ▸ DoubleZero's Twitter: @doublezero 🔗 Connect with Delphi 🌐 Portal: https://delphidigital.io/ 🐦 Twitter: https://x.com/delphi_digital 💼 LinkedIn: https://www.linkedin.com/company/delphi-digital/ 🎧 Listen on Spotify: https://open.spotify.com/show/62PR1RigLG2YN5Pelq6UY9?si=18ac7ccf36ab4753&nd=1&dlsi=50105fd66e6c4124 Apple Podcasts: https://podcasts.apple.com/us/podcast/the-delphi-podcast/id1438148082 Youtube: https://www.youtube.com/channel/UC9Yy99ZlQIX9-PdG_xHj43Q Timestamps 00:00 — Intro: Austin Federa and the internet bottleneck problem 02:00 — Building a parallel internet for distributed systems 06:00 — The Firedancer project and million TPS potential 09:15 — Technical architecture: fiber, FPGAs, and multicast technology 13:30 — Signature verification and packet deduplication explained 17:15 — Proof of utility: Shapley values and economic incentives 23:45 — Validator onboarding and network connection process 29:30 — Testnet success: 16% of Solana network adoption 33:15 — Latency, jitter, and bandwidth improvements explained 39:00 — Token economics: 2Z token and payment models 44:45 — Access models vs staking requirements for enterprises 51:30 — Validators.app badges and network transparency 59:15 — Governance roadmap: from mainnet beta to full decentralization 01:05:45 — Long-term vision: replacing IP addresses and DNS 01:09:15 — Lightning round: most misunderstood aspects 01:12:30 — Five-year vision: parallel internet for high performance systems Disclaimer This podcast is strictly informational and educational and is not investment advice or a solicitation to buy or sell any tokens or securities or to make any financial decisions. Do not trade or invest in any project, tokens, or securities based upon this podcast episode. The host and members at Delphi Ventures may personally own tokens or art that are mentioned on the podcast.

    1h 15m
  5. Legion & Cookie3: Evolution of Onchain Fundraising

    09/19/2025

    Legion & Cookie3: Evolution of Onchain Fundraising

    Join José Maria Macedo as he co-hosts with Matt O'Connor from Legion and Filip Wielanier from Cookie3 to explore "Attention Capital Markets" - revolutionizing token distribution by linking social influence with capital commitment. Fresh off Legion's funding from VanEck and Brevan Howard, discover how they're moving beyond airdrops to merit-based investing that rewards genuine community builders.Legion: https://legion.ccCookie3: https://www.cookie3.com🎯 Key Highlights▸ Legion's funding: VanEck and Brevan Howard backing crypto innovation▸ Attention Capital Markets: Linking mind share with financial commitment▸ Cookie3's attribution tech: Measuring on/off-chain value creation▸ Merit-based token distribution vs "whoever pays most"▸ Almanac case study: 400% oversubscribed using attention metrics▸ Retail investor access beyond accredited gatekeeping▸ IPO/ICO convergence on-chain infrastructure▸ Data-driven distribution with Web2 sophistication▸ Fighting airdrop farmers with genuine supporter identification▸ SEC progress toward disclosure-based regulation▸ Creator monetization through tokenized influence▸ Mobile-first social trading infrastructure💡 Subscribe for more crypto & AI insights! 🔔🧠 Follow the Alpha▸ Matt's Twitter: https://x.com/mattytokenomics▸ Filip's Twitter: https://x.com/fwielanier🔗 Connect with Delphi🌐 Portal: https://delphidigital.io/🐦 Twitter: https://x.com/delphi_digital💼 LinkedIn: https://www.linkedin.com/company/delphi-digital/🎧 Listen onSpotify: https://open.spotify.com/show/62PR1RigLG2YN5Pelq6UY9?si=18ac7ccf36ab4753&nd=1&dlsi=50105fd66e6c4124Apple Podcasts: https://podcasts.apple.com/us/podcast/the-delphi-podcast/id1438148082Youtube: https://www.youtube.com/channel/UC9Yy99ZlQIX9-PdG_xHj43QTimestamps00:00 - Introduction and Legion funding announcement01:15 - Matt O'Connor: TradFi to crypto token design03:00 - Filip Wielanier: Cookie3's attribution mission04:30 - Capital attribution in Web3 vs Web207:30 - Attention Capital Markets explained09:00 - MicroStrategy analogy: Money where mouth is11:00 - Almanac presale implementation13:30 - Legion scoring and merit-based selection16:00 - Current ICO problems17:30 - Merit-based investing vision21:00 - IPO/ICO convergence outlook25:00 - Market effectiveness through tokenization28:45 - Information markets and creator influence32:30 - SEC regulatory progress37:00 - Regulation compliance concerns40:30 - Retail protection vs access43:00 - Project funding selection problems45:30 - Pseudonymous contributors vs VCs48:00 - "Nanny state" and risk-taking52:30 - Cookie3 roadmap54:30 - Proof of humanity considerations55:30 - Cooperative network ownership58:00 - Platform locations59:30 - Closing thoughtsDisclaimerThis podcast is strictly informational and educational and is not investment advice or a solicitation to buy or sell any tokens or securities or to make any financial decisions. Do not trade or invest in any project, tokens, or securities based upon this podcast episode. The host and members at Delphi Ventures may personally own tokens or art that are mentioned on the podcast. Our current show features paid sponsorships which may be featured at the start, middle, and/or the end of the episode. These sponsorships are for informational purposes only and are not a solicitation to use any product, service or token.

    1h 7m
  6. Mike Dudas (6MV): Pump.Fun, One of the Greatest Seed Investments Ever

    09/15/2025

    Mike Dudas (6MV): Pump.Fun, One of the Greatest Seed Investments Ever

    Join Tommy Shaughnessy as he sits down with Mike Dudas, Managing Partner at 6th Man Ventures, to discuss one of the most successful seed investments in crypto history. Mike shares the inside story of backing Pump.Fun years before it became a cultural phenomenon, generating over $800 million in fees and reaching a $5.5 billion FDV. From cold DMs to billion-dollar outcomes, this conversation explores venture capital strategy, founder evaluation, and navigating the intersection of AI and crypto investing. 6th Man Ventures: https://6thman.ventures 🎯 Key Highlights ▸ The untold story of Pump.Fun's seed round: from cold outreach to billion-dollar success ▸ Why regulatory risk-taking paid off in the Trump administration ▸ How to evaluate crypto founders differently than traditional startups ▸ The creator economy revolution: streaming meets tokenomics ▸ Digital Asset Trusts (DATs): the new MicroStrategy wave ▸ AI's impact on venture capital processes and decision-making ▸ Why attention spans are killing crypto Twitter's excitement ▸ From Bonk to Pump: lessons in meme coin investing ▸ Building conviction in contrarian bets during bear markets ▸ The importance of speed and decisiveness in early-stage investing 💡 Subscribe for more crypto & AI insights! 🔔 🧠 Follow the Alpha ▸ Mike's Twitter: @mdudas ▸ 6MV's Twitter: @6thManVentures 🔗 Connect with Delphi 🌐 Portal: https://delphidigital.io/ 🧠 Intelligence: https://www.delphiintelligence.io 🐦 Twitter: https://x.com/delphi_intel 🎧 Listen on Spotify: Apple Podcasts: Youtube: https://www.youtube.com/channel/UC9Yy99ZlQIX9-PdG_xHj43Q Timestamps 00:00 — Intro: Mike Dudas, 6th Man Ventures 00:30 — The Pump.Fun origin story: cold outreach and magical moments 03:45 — Regulatory risk-taking and the Trump administration impact 06:30 — Why other VCs backed out over legal concerns 08:15 — Being hands-on with portfolio companies without being pushy 10:30 — Pump.Fun's evolution: from bonding curves to creator streaming 14:00 — The Bonk vs Pump competition and market dynamics 17:00 — How AI and AGI are changing venture capital investing 20:15 — Digital Asset Trusts: the new wave of crypto investment vehicles 26:00 — Why crypto Twitter seems less excited despite regulatory clarity 32:15 — Using AI in venture processes: market research and founder support 38:45 — The most common path from DM to investment 42:00 — Founder evaluation: red flags and green flags 47:15 — When to tell portfolio companies it's time to move on 51:15 — Decision-making under pressure: the "hell yes" principle 54:00 — Staying entrepreneurial as a fund grows and succeeds Disclaimer This podcast is strictly informational and educational and is not investment advice or a solicitation to buy or sell any tokens or securities or to make any financial decisions. Do not trade or invest in any project, tokens, or securities based upon this podcast episode. The host and members at Delphi Ventures may personally own tokens or art that are mentioned on the podcast. Our current show features paid sponsorships which may be featured at the start, middle, and/or the end of the episode. These sponsorships are for informational purposes only and are not a solicitation to use any product, service or token.

    56 min
  7. Michael Egorov: Yield Basis - Bringing Real Yield to Bitcoin

    09/10/2025

    Michael Egorov: Yield Basis - Bringing Real Yield to Bitcoin

    Join José Macedo and Yan Liberman as they host Michael Egorov, co-founder of Curve Finance and one of DeFi's original pioneers. Michael introduces Yield Basis — his ambitious new protocol that aims to solve one of DeFi's biggest problems: impermanent loss. Learn how this innovation could finally unlock natural, sustainable yield on Bitcoin at scale, creating the long-sought "holy grail" of yield-bearing Bitcoin without the downsides of traditional AMM strategies.Curve Finance: www.curve.financeYield Basis: https://yieldbasis.com🎯 Key Highlights▸ Yield Basis: Eliminates impermanent loss for single-sided crypto exposure ▸ Impermanent loss problem: Why AMMs underperform buy-and-hold ▸ Michael's solution: 2x leverage counters square-root pricing ▸ Why Curve pools beat Uniswap v2 ▸ Historical sims: 10-20% APR on Bitcoin ▸ Borrowing mechanism: Capital via crvUSD allocation ▸ Tokenomics: Choose real yield OR tokens ▸ Dynamic admin fees adjust with staking ▸ GTM: Target miners, funds, treasuries ▸ Multi-chain: Separate tokens vs. bridges ▸ Market size: $50-100B addressable ▸ Beyond Bitcoin: ETH and volatile assets ▸ Michael on DeFi vs. OG principles ▸ Challenge: Matching sims to reality ▸ Why this beats points and yield farming💡 Subscribe for more crypto & AI insights! 🔔🧠 Follow the Alpha▸ Michael's Twitter: @newmichwill▸ Curve Finance Twitter: @CurveFinance▸ Yield Basis Twitter: @yieldbasis🔗 Connect with Delphi🌐 Portal: https://delphidigital.io/🐦 Twitter: https://x.com/delphi_digital💼 LinkedIn: https://www.linkedin.com/company/delphi-digital/🎧 Listen onSpotify: https://open.spotify.com/show/62PR1RigLG2YN5Pelq6UY9?si=18ac7ccf36ab4753&nd=1&dlsi=50105fd66e6c4124Apple Podcasts: https://podcasts.apple.com/us/podcast/the-delphi-podcast/id1438148082Youtube: https://www.youtube.com/channel/UC9Yy99ZlQIX9-PdG_xHj43QTimestamps 00:00 - Intro: Yield Basis and Michael Egorov 01:15 - Yield Basis: Single-sided LP without impermanent loss 02:00 - Impermanent loss with Bitcoin/USDT 07:30 - AMMs create "buy low, sell high" 09:00 - Solution: Leverage eliminates square-root pricing 13:00 - Curve beats Uniswap v2 15:30 - Historical sims: 10-20% APR 19:00 - Borrowing: Arbitrage and debt management 24:30 - Net returns after costs 25:15 - crvUSD as low-cost capital 27:15 - Separate protocol vs. Curve integration 28:00 - Tokenomics: Real yield OR tokens 32:45 - Points vs. transparent distribution 36:00 - Dynamic fees prevent zero-division 40:00 - GTM: Miners, funds, institutions 43:00 - Multi-chain: Instances vs. bridges 48:30 - BD with competing chains 50:30 - Curve vs. Yield Basis governance 52:00 - Modern vs. OG DeFi principles 55:30 - Treasury relationships vs. decentralization 56:30 - Challenge: Real-world performance 58:30 - Market: $50-100B addressable 1:02:00 - crvUSD scaling mechanics 1:06:15 - Market cap ceiling calculations 1:08:00 - Beyond Bitcoin: Gold, volatiles 1:08:45 - DeFi innovations: Pendle, Athena 1:11:30 - Hyperliquid bootstrap strategy 1:12:00 - Closing: Growth parallelsDisclaimerThis podcast is strictly informational and educational and is not investment advice or a solicitation to buy or sell any tokens or securities or to make any financial decisions. Do not trade or invest in any project, tokens, or securities based upon this podcast episode. The host and members at Delphi Ventures may personally own tokens or art that are mentioned on the podcast. Our current show features paid sponsorships which may be featured at the start, middle, and/or the end of the episode. These sponsorships are for informational purposes only and are not a solicitation to use any product, service or token.

    1h 13m
  8. pump.fun's Sapijiju: First-Ever Discussion on Building the Future of Social Trading

    09/08/2025

    pump.fun's Sapijiju: First-Ever Discussion on Building the Future of Social Trading

    Anil Lulla and Yan Liberman host Sapijiju, co-founder of Pump.fun. Sapijiju shares Pump.fun’s bigger vision: beyond meme coins, it’s aiming to be the most rewarding social platform, revolutionizing creator monetization, and building a $2B-backed financial ecosystem. Pump.fun: https://pump.fun 🎯 Key Highlights ▸ Pump.fun’s vision: TikTok + Robinhood + Twitch in one ▸ Streamers earning 100–300x more than on traditional platforms ▸ 9 failed products before finding product-market fit ▸ Why most crypto firms are just riding Bitcoin ▸ New fee model: $2.4M to creators on day one ▸ Mobile-first: beating desktop crypto apps ▸ $2B balance sheet for smart capital moves ▸ 100% revenue buybacks (Hyperliquid/Binance playbook) ▸ Roadmap: stablecoin + full financial stack ▸ Young founders vs. traditional finance ▸ Why social media’s incentives are broken ▸ Targeting 16–24s ignored by incumbents ▸ Stats: 70 staff, $1.6B locked, billion+ daily volumes ▸ Aggressive M&A, Facebook-style 💡 Subscribe for more crypto & AI insights! 🔔 🧠 Follow the Alpha ▸ Sapijiju's Twitter: @sapijiju ▸ Pump.fun Twitter: @pumpdotfun 🔗 Connect with Delphi 🌐 Portal: https://delphidigital.io/ 🐦 Twitter: https://x.com/delphi_digital 💼 LinkedIn: https://www.linkedin.com/company/delphi-digital/ 🎧 Listen on Spotify: https://open.spotify.com/show/62PR1RigLG2YN5Pelq6UY9?si=18ac7ccf36ab4753&nd=1&dlsi=50105fd66e6c4124 Apple Podcasts: https://podcasts.apple.com/us/podcast/the-delphi-podcast/id1438148082 Youtube: https://www.youtube.com/channel/UC9Yy99ZlQIX9-PdG_xHj43Q Timestamps 00:00 – Intro & Sapijiju’s crypto journey 04:45 – 9 failed products → Pump.fun success 07:15 – Product-market fit & anti-rug mechanism 09:15 – Scaling team to 70 10:30 – Vision: social trading super-app 13:00 – $2.4M to streamers on launch day 14:15 – Why social platforms fail creators 16:45 – 300x better monetization 18:15 – DMs, streaming & mobile-first 19:30 – Competing vs. Coinbase/Binance 21:45 – User patterns: TikTok + finance 24:30 – Network effects via creator rewards 26:30 – $500k creator starter kits 28:00 – Mobile strategy for viral growth 29:15 – Zora vs. Pump.fun (content vs. coin) 31:15 – Small changes → 5x streaming growth 33:30 – Sandbox for creator freedom 35:15 – Telegram + crypto-native tools 36:30 – Democratized ICOs 38:15 – $1.6B locked, billion+ daily volumes 39:15 – Stablecoin vision 40:15 – Long-term: global takeover 42:30 – $2B balance sheet strategy 44:30 – ROI-driven capital deployment 45:15 – M&A playbook 46:15 – DAT & institutional access 47:15 – Revenue buybacks model 49:15 – VCs missing meme culture 51:15 – Story Protocol critique 53:30 – Meme coins vs. infra “scams” 54:30 – Generational wealth cycles 57:45 – Crypto as last frontier 59:15 – TradFi as modern slavery 1:01:30 – Black Mirror & moderation 1:02:30 – Mobile growth engines 1:03:30 – Scaling to $200M daily revenue 1:04:30 – Post-token comms lessons 1:05:30 – Open DMs & next episode 1:06:15 – Closing thoughts Disclaimer This podcast is strictly informational and educational and is not investment advice or a solicitation to buy or sell any tokens or securities or to make any financial decisions. Do not trade or invest in any project, tokens, or securities based upon this podcast episode. The host and members at Delphi Ventures may personally own tokens or art that are mentioned on the podcast. Our current show features paid sponsorships which may be featured at the start, middle, and/or the end of the episode. These sponsorships are for informational purposes only and are not a solicitation to use any product, service or token.

    1h 7m
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4.6
out of 5
79 Ratings

About

Conversations with Crypto Gigabrains. Hosted by Tommy, Co-Founder and Founding Partner at Delphi Ventures

Information

  • Creator
    The Delphi Podcast
  • Years Active
    2018 - 2026
  • Episodes
    476
  • Rating
    Clean
  • Copyright
    © The Delphi Podcast
  • Show Website
    The Delphi Podcast

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