The Dark Side of Token Launches | Arthur Cheong & Sean Lippel

Empire

In today's episode Jason is joined by Arthur of DeFiance Capital and Sean of Fintech Collective. They kick off the episode by discussing the current state of token launches, highlighting the unsustainable model of low float and high fully diluted valuations that often leave retail investors at a disadvantage. They explore the challenges in accurately valuing crypto assets and the need for better alignment of incentives between teams, investors, and the broader market. The episode concludes with Arthur and Sean sharing their high-conviction bets for this market cycle. Thanks for tuning in!

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Timestamps:

(0:00) Introduction

(01:52) Crypto VCs are Broken

(14:31) Best Token Launch Model

(22:11) Valuing Crypto Assets

(29:20) Arbitrum Ad

(30:08) Aura Ad

(30:56) Kinto Ad

(31:52) Skale Ad

(33:08) Evaluating LDO & ETHFI

(51:57) Active Investments

(57:51) Highest Conviction Bets

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Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.