Crypto Stories: Aleksandr Bulkin on ADAPT, "Initial Witness Offerings" and Crypto Disruption

Aleksandr Bulkin (@coinfund_al), co-founder of CoinFund and creator of ADAPT (adaptk.it) joins Erik on this episode to discuss:- How Alex got involved in crypto and why the Ethereum white paper and Augur white paper contributed so much to his interest.- His time working at Goldman Sachs on human-computer interaction and how he transitioned from Goldman to the crypto world, as well his predictions on where Goldman will be disrupted and where it will stick around in a new crypto-oriented world.- How he got started on ADAPT, how it works, and what the promise of ADAPT is.- What an "initial witness offering" is and how it compares to other initial offerings in crypto.- Why he's skeptical of value capture via TCRs and governance in crypto.- The reason that he thinks a decentralized, paid Wikipedia will fail.- What "cost of attack" means and how it affects crypto projects.- The idea of UX security, and why it is equally as important as technical security.Articles mentioned in this episode:Quantifying Decentralization by Balaji Srinivasan: https://news.earn.com/quantifying-decentralization-e39db233c28eScalability of value in decentralized networks by Aleksandr Bulkin: https://blog.coinfund.io/scalability-of-value-in-decentralized-networks-795ed9c91eeeCan Tokens Save Lives? by Aleksandr Bulkin: https://blog.coinfund.io/can-tokens-save-lives-8c0f1cf5dfa9Thanks for listening — if you like what you hear, please review us on your favorite podcast platform. Check us out on the web at villageglobal.vc or get in touch with us on Twitter @villageglobal.Venture Stories is brought to you by Village Global, is hosted by co-founder and partner Erik Torenberg, and is produced by Brett Bolkowy.