58 min
Crypto Venture Capital Series Ep. 4: Andrew Kang of Mechanism Capital The Delphi Podcast
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- Technology
The Delphi Podcast Host and GP of Delphi Ventures Tom Shaughnessy sits down with Andrew Kang, Co-Founder and Managing Partner at Mechanism Capital, a fund interested in all aspects of the crypto ecosystem with a focus in DeFi. The two discuss token economics, value accrual, incentives for teams, and more.
We would like to thank our sponsors for making this podcast possible.
Cosmos: Cosmos is on a mission, link one million blockchains. Name brand projects like Terra, Band, Kava, and Secret use Cosmos and the Cosmos Hub to connect to every other chain in our network. Learn more at cosmos.network.
Kava: With a proven track record of delivering successful projects safely, the Kava Platform is DeFi's most trusted, scalable and secure institutional grade cross-chain engine. Soon, USDC is coming to Kava! Learn more at kava.io.
Celo: Celo is a mobile-first platform that makes financial dApps and crypto payments accessible to anyone with a mobile phone. Celo supports over 1000 who are building applications and issuing digital currencies from 100+ countries around the world. Learn more at Celo.org.
Every Delphi Podcast is dropped first as a video interview for Delphi Digital Subscribers. Our members also have access to full interview transcripts. Join today to gain exclusive early access to every new interview before it's published.
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Show Notes:
(2:50)- First Question: Andrew's Background and Mechanism Capital overview.
(5:42)- How Andrew allocates his time for projects.
(12:12) - Andrew's thoughts on community investing and party rounds.
(14:17) - How Andrew builds conviction in a team as a retail investor.
(16:50) - Founders / red flags / anonymous founders.
(23:17) - Andrew’s biggest miss or loss and what he learned from it.
(26:00) - Andrew's biggest edge as an investor in crypto.
(30:47) - Projects that crushed their token economics from the get-go.
(32:43) - Thoughts on token economics and incentives.
(35:00) - Andrew's thesis on PleasrDAO and NFTs.
(41:22) - DAOs maintaining their decentralization long-term.
(46:25) - Thoughts on the future of VC investing in crypto.
(50:29) - When Andrew thinks crypto will be not as interesting.
(52:25) - Andrew's best advice.
(55:23) - Who Andrew looks up to in the crypto space.
Resources:
Andrew Kang: Co-Founder and Managing Partner, Mechanism Capital
Mechanism Capital Website
More
Our Video interviews Can Be Viewed Here: https://www.youtube.com/channel/UC9Yy99ZlQIX9-PdG_xHj43Q
Access Delphi's Research Here: https://www.delphidigital.io/
Disclosures: 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 may personally own tokens that are mentioned on the podcast. Lets Talk Bitcoin is a distribution partner for the Chain React
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Send in a voice message: https://podcasters.spotify.com/pod/show/the-delphi-podcast/message
The Delphi Podcast Host and GP of Delphi Ventures Tom Shaughnessy sits down with Andrew Kang, Co-Founder and Managing Partner at Mechanism Capital, a fund interested in all aspects of the crypto ecosystem with a focus in DeFi. The two discuss token economics, value accrual, incentives for teams, and more.
We would like to thank our sponsors for making this podcast possible.
Cosmos: Cosmos is on a mission, link one million blockchains. Name brand projects like Terra, Band, Kava, and Secret use Cosmos and the Cosmos Hub to connect to every other chain in our network. Learn more at cosmos.network.
Kava: With a proven track record of delivering successful projects safely, the Kava Platform is DeFi's most trusted, scalable and secure institutional grade cross-chain engine. Soon, USDC is coming to Kava! Learn more at kava.io.
Celo: Celo is a mobile-first platform that makes financial dApps and crypto payments accessible to anyone with a mobile phone. Celo supports over 1000 who are building applications and issuing digital currencies from 100+ countries around the world. Learn more at Celo.org.
Every Delphi Podcast is dropped first as a video interview for Delphi Digital Subscribers. Our members also have access to full interview transcripts. Join today to gain exclusive early access to every new interview before it's published.
-
Show Notes:
(2:50)- First Question: Andrew's Background and Mechanism Capital overview.
(5:42)- How Andrew allocates his time for projects.
(12:12) - Andrew's thoughts on community investing and party rounds.
(14:17) - How Andrew builds conviction in a team as a retail investor.
(16:50) - Founders / red flags / anonymous founders.
(23:17) - Andrew’s biggest miss or loss and what he learned from it.
(26:00) - Andrew's biggest edge as an investor in crypto.
(30:47) - Projects that crushed their token economics from the get-go.
(32:43) - Thoughts on token economics and incentives.
(35:00) - Andrew's thesis on PleasrDAO and NFTs.
(41:22) - DAOs maintaining their decentralization long-term.
(46:25) - Thoughts on the future of VC investing in crypto.
(50:29) - When Andrew thinks crypto will be not as interesting.
(52:25) - Andrew's best advice.
(55:23) - Who Andrew looks up to in the crypto space.
Resources:
Andrew Kang: Co-Founder and Managing Partner, Mechanism Capital
Mechanism Capital Website
More
Our Video interviews Can Be Viewed Here: https://www.youtube.com/channel/UC9Yy99ZlQIX9-PdG_xHj43Q
Access Delphi's Research Here: https://www.delphidigital.io/
Disclosures: 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 may personally own tokens that are mentioned on the podcast. Lets Talk Bitcoin is a distribution partner for the Chain React
---
Send in a voice message: https://podcasters.spotify.com/pod/show/the-delphi-podcast/message
58 min