Joey Krug Profile
Joey Krug

@joeykrug

43,050
Followers
2,069
Following
69
Media
2,745
Statuses

Partner at @FoundersFund Cofounder at @Eco & @AugurProject joey @foundersfund .com for decks/dealflow

Puerto Rico
Joined January 2013
Don't wanna be here? Send us removal request.
Pinned Tweet
@joeykrug
Joey Krug
1 year
I'm delighted to share that I’ve joined @foundersfund as a Partner! I'll be focused on defining the next decade of Founders Fund's crypto strategy while looking for the next wave of generational crypto startups and founders to back. For more, read or below
146
59
1K
@joeykrug
Joey Krug
3 years
For those new to crypto, we're now mid market cycle. We're at the part where China "bans" Bitcoin 3 times. Happens every cycle (2013, 2017, 2021).
104
476
3K
@joeykrug
Joey Krug
4 years
Hallelujah!
Tweet media one
137
155
2K
@joeykrug
Joey Krug
3 years
ETH/BTC lookin good #Ethereum 🚀🚀🚀
8
27
458
@joeykrug
Joey Krug
3 years
A 1000 ETH trade has similar (often lower) slippage on dex aggregators than Coinbase right now. Rubicon crossed.
7
36
389
@joeykrug
Joey Krug
3 years
"We see fundamental reasons to believe that — regardless of where the price of Bitcoin goes next — cryptocurrencies are here to stay as a serious asset class." Morgan Stanley.
11
46
341
@joeykrug
Joey Krug
6 years
“The Macintosh uses an experimental pointing device called a “mouse”. There is no evidence that people want to use these things.”- John Dvorak, Macintosh Review 1984. Why designing what the user says they want isn’t always the best idea, design what the user *will* want
11
57
310
@joeykrug
Joey Krug
6 years
Dai still a dollar #ethereum #blockchain
11
28
290
@joeykrug
Joey Krug
4 years
Is Ethereum undervalued? We think so: Ethereum 2.0, CME ETH Futures, DeFi Growth, BTC vs. ETH Dominance all point to a very bullish case for #Ethereum in 2021. Read more on this topic in our January investor letter:
Tweet media one
16
57
287
@joeykrug
Joey Krug
5 years
Each crypto bull market typically begins in earnest after some terrible event occurs, I think Bitfinex is that event this time
9
24
273
@joeykrug
Joey Krug
3 months
1/🚀 Thrilled to announce @foundersfund 's investment in @Polymarket ! We believe @shayne_coplan and team have built the undisputed leader in the prediction market space. This marks our first consumer crypto investment and is a truly zero-to-one company. Here's why... 🧵
@shayne_coplan
Shayne Coplan
3 months
Excited to share that @Polymarket has raised $70m: A $45m Series B led by Founders Fund and insiders 1confirmation and ParaFi + @VitalikButerin , & Dragonfly And a $25m Series A led by General Catalyst + Polychain, @jgebbia , & more 🔮🧵
Tweet media one
180
153
1K
20
26
281
@joeykrug
Joey Krug
6 years
If you want clicks sure, if you want something actually useful and informative for society you should just have Vitalik
@laurashin
Laura Shin
6 years
What do you all think -- should @VitalikButerin and @Nouriel come on my podcast for a debate?
170
67
1K
11
20
275
@joeykrug
Joey Krug
2 months
Polymarket just did over $62mm in volume in May! The criteria I always considered strong product market fit for crypto based prediction markets was $10mm in volume a week. If you can get there, there’s a path to $100mm and onwards. I think it’ll heat up further as we get into
@joeykrug
Joey Krug
3 months
1/🚀 Thrilled to announce @foundersfund 's investment in @Polymarket ! We believe @shayne_coplan and team have built the undisputed leader in the prediction market space. This marks our first consumer crypto investment and is a truly zero-to-one company. Here's why... 🧵
20
26
281
14
20
273
@joeykrug
Joey Krug
6 years
Augur in the economist!
Tweet media one
3
41
253
@joeykrug
Joey Krug
26 days
This feels like as good a time as any to disclose another critical Signal vulnerability I found. TLDR is that prior to mid 2021, Signal *didn’t delete* disappearing messages after they “disappeared.” So say you had a message from 2016 that you thought disappeared years ago, nope!
@naomibrockwell
Naomi Brockwell
27 days
I recommend unlinking any desktop device from your signal account. A long-known problem (that I was unaware of until today) is that Signal stores your decryption key on desktop in a plain text file, NOT your keychain, making it accessible to any app.
60
184
736
12
42
261
@joeykrug
Joey Krug
1 year
He pivoted to AI
@WhaleFUD
Whale | Dinobet.io
1 year
BREAKING: SEC chair Gary Gensler has stated that he intends to prioritize regulations regarding artificial intelligence over those for cryptocurrencies.
497
292
2K
12
14
238
@joeykrug
Joey Krug
10 months
Donald Trump just won the 2024 election
Tweet media one
42
12
226
@joeykrug
Joey Krug
6 years
As much as I love Ethereum, if something came out today that was 1-1 Ethereum compatible and 100x more throughput without severe security tradeoffs, developers would migrate in a heartbeat. Solidity network effects + web3 infra > Ether network effects
@laurashin
Laura Shin
6 years
Great episode of Unconfirmed today with @ljxie , cofounder at Scalar Capital, who says other smart contract platforms will be hard-pressed to attract Ethereum developers, explains why she's focused on privacy, and reveals common mistakes crypto teams make.
15
41
153
57
37
216
@joeykrug
Joey Krug
9 days
I wanted to add some additional info on why we believe @pudgypenguins @IglooInc @AbstractChain is really cool and why we invested. 1) They have a unique distribution advantage. Most platforms in crypto pay massive amounts to acquire users, but Pudgy actually has a negative CAC
@bridge__harris
Bridget
9 days
26
31
291
27
31
217
@joeykrug
Joey Krug
3 years
#Ethereum still undervalued!
@joeykrug
Joey Krug
4 years
Is Ethereum undervalued? We think so: Ethereum 2.0, CME ETH Futures, DeFi Growth, BTC vs. ETH Dominance all point to a very bullish case for #Ethereum in 2021. Read more on this topic in our January investor letter:
Tweet media one
16
57
287
11
17
192
@joeykrug
Joey Krug
6 years
Completely disagree, Augur converted 90% of its funding to fiat to fund development going forward. People funded it to fund software development and get it built, not to run a profit seeking investment vehicle / hedge fund. If you want to speculate on crypto prices
@DoveyWan
Dovey "Rug the fiat" Wan (hiring)
6 years
This is very tricky 1. Augur raised over 1M ETH when price was $0.7, converted almost all right away which would worth at least $200M now, missed the upside completely 2. If you build on Ethereum,by default you believe in its value. Selling off seems to conflict with that🤔️
56
23
216
7
23
188
@joeykrug
Joey Krug
3 months
Raiden, Plasma -> Arbitrum Etherdelta -> 0x Bancor, Airswap -> Uniswap Infura -> Alchemy Too many to list -> Coinbase, Binance Too many to list -> MetaMask Too many to list -> Ethereum A bunch of failed stablecoins -> USDC, USDT, DAI Opensea -> Blur First mover rarely wins
@MikeIppolito_
Mippo 🟪
3 months
Good observation. First mover advantage in crypto is very important. What are examples of second mover advantage that contradict this?
27
2
47
18
18
183
@joeykrug
Joey Krug
6 years
Uber+Lyft should use your phone's accelerometer to see how bouncy drivers' cars are on average, then make a "soft ride" mode which charges a bit extra but gives you drivers in the softest quartile
18
8
176
@joeykrug
Joey Krug
5 years
Interesting thing about the college admissions scandal: pay to play happens all the time, universities are just upset this time that it’s bribes to coaches as opposed to donations for buildings
11
13
169
@joeykrug
Joey Krug
5 years
Apple should buy Tesla instead of a $75B buyback
20
14
163
@joeykrug
Joey Krug
14 days
Goldman Sachs using prediction markets like @Polymarket in their analysis!
Tweet media one
11
24
172
@joeykrug
Joey Krug
4 years
Woah Robinhood banned trading of GameStop! I guess their market makers in the backend couldn’t handle the heat... Stock doesn’t even show up in app when you search for it anymore
14
23
162
@joeykrug
Joey Krug
3 years
Seems like eventually almost every new artwork (digital or not) will have an accompanying NFT. Physical possession + digital possession of NFT = provenance through the blockchain
12
17
152
@joeykrug
Joey Krug
5 years
“X will fail because the team didn’t work at Y.” Anyone who genuinely believes this should read a few history books about disruptions, rarely does it come from the class being disrupted. It’s like saying you shouldn’t invent new transportation unless you were an equestrian
@cjking711
Chris King
5 years
DeFi will fail because it’s technologists trying to solve financial services problems. These builders don’t know what the problems are because they never worked at banks or investment firms. There is no latent demand for “uncensorable financial products”.
101
13
149
3
16
155
@joeykrug
Joey Krug
1 month
First $100mm @Polymarket month, super cool to see! Also really awesome to see them be the center of current events as a way to get a good market driven probability of what's most likely to happen
Tweet media one
11
7
158
@joeykrug
Joey Krug
2 months
Tweet media one
@joeykrug
Joey Krug
2 months
I feel like going to Mar a lago and asking Trump if he’d undo Biden’s attempt to kill crypto was probably more effective than most of the lobbying the industry’s done to date
1
8
128
6
15
150
@joeykrug
Joey Krug
3 years
Once we break 42k resistance, ready for levered short liquidations to send it. Bullish liquidations!
4
9
149
@joeykrug
Joey Krug
2 months
At @foundersfund we’re investing in Avail @AvailProject because we believe it’s the best data availability solution, and will be an important part of the broader modular stack going forward. They have a very strong technical team and have solved a lot of tough 0->1 tech problems
6
15
134
@joeykrug
Joey Krug
30 days
We recently invested in #Sentient . It’s mostly an investment in the team for us, but there are also some interesting threads related to open vs closed source AI that I want to cover as to why we invested. More below:
@Yogita_Khatri5
Yogita Khatri
1 month
Big fundraise: @sentient_agi , with @0xPolygon 's @sandeepnailwal as one of its core contributors, has raised $85 million to build an open-source AI platform. Sentient’s advisor from day one is @sreeramkannan , founder and CEO of @eigenlayer .
6
4
80
97
15
132
@joeykrug
Joey Krug
6 years
Open a robinhood account buy $10k TSLA calls, $10k MJ etf, and $10k eth. There’s your millennial 401k
3
12
135
@joeykrug
Joey Krug
3 years
Love Uniswap, but this sets really bad precedent imo
@Uniswap
Uniswap Labs 🦄
3 years
As of today, we have started restricting access to a small number of tokens at These changes pertain to the interface at — the Protocol remains entirely autonomous, immutable, and permissionless. Read more:
945
349
1K
9
8
139
@joeykrug
Joey Krug
3 years
Still feel woefully underexposed to #Ethereum the more ETH we buy
@joeykrug
Joey Krug
4 years
Is Ethereum undervalued? We think so: Ethereum 2.0, CME ETH Futures, DeFi Growth, BTC vs. ETH Dominance all point to a very bullish case for #Ethereum in 2021. Read more on this topic in our January investor letter:
Tweet media one
16
57
287
5
8
133
@joeykrug
Joey Krug
3 years
Tweet media one
9
9
132
@joeykrug
Joey Krug
2 months
I feel like going to Mar a lago and asking Trump if he’d undo Biden’s attempt to kill crypto was probably more effective than most of the lobbying the industry’s done to date
@SamLyman33
Sam Lyman
2 months
“But Sam, why all of this and why now??” Well it all started at an exclusive gathering of collectors of Trump’s Mugshot NFT …
Tweet media one
9
25
180
1
8
128
@joeykrug
Joey Krug
1 year
I don’t think any of the 100x+ investments I’ve made sent monthly investor updates. They just ship
@divine_economy
david phelps 🐮🏰🃏🐘
1 year
three tips for founders that VCs told me at ethcc: 1. send monthly investor updates: it's a sign of unseriousness if you don't 2. weaponize twitter: you will be judged for it based on your insight, character, and following 3. turn on revenue: this is the bottom line
40
22
253
5
6
130
@joeykrug
Joey Krug
3 years
Tomorrow fed news and stimulus hits. #bitcoin
2
11
123
@joeykrug
Joey Krug
3 years
Best way to guarantee something is massively successful is if Paul Krugman doesn't like it
1
9
124
@joeykrug
Joey Krug
7 months
This sort of logic seems fairly off to me.. if people can buy penny stocks and lottery tickets, they should be able to invest in startups. People maybe making bad decisions isn’t a good reason to arbitrarily restrict their economic freedom-it seems counter to the capitalist ethos
@iankar_
Ian Kar
7 months
We shouldn't increase the pool of accredited investors—the fact is the average American won't be able to invest in the Sequoia & Andreessens—they'll be stuck backing shitty fund managers that shouldn't raise a fund in the first place. And getting more average Americans into
45
5
148
13
14
127
@joeykrug
Joey Krug
11 months
Super pumped to have @bridge__harris on the @foundersfund team! From a raw talent perspective, she’s one of the best crypto investors I’ve ever met. Looking forward to FF’s next decade in crypto! More context below:
@bridge__harris
Bridget
11 months
thrilled to share I've joined the team at @foundersfund full-time grateful to @joeykrug and the rest of the FF team for the warm welcome. more to come!
87
10
554
7
4
120
@joeykrug
Joey Krug
6 years
Bet: ~60% odds most evm scalability issues (> 1000 tps in production) will be solved by 3 projects operating symbiotically by end of 2019 w/o major tradeoffs. ~75% odds cheap fiat onramps sub 1% fees will be solved by Q1 2019. Augur UX becomes good w/ these two things!
11
10
121
@joeykrug
Joey Krug
3 years
Most important thing you'll read all week
4
27
116
@joeykrug
Joey Krug
5 years
Cool stuff!
5
24
108
@joeykrug
Joey Krug
3 years
I remember first meeting the @0xProject team in 2016 and doing my first token deal investment at the time. It's nice to come full circle and now @PanteraCapital we're leading their Series A. Crazy growth over the last year!
5
9
115
@joeykrug
Joey Krug
5 months
Thrilled to partner with @AvailProject and be backing their team. At Founders Fund we aim to make concentrated investments in smart teams we believe can achieve market dominance with some 0->1 technical innovation. I believe Avail is that
@bridge__harris
Bridget
5 months
Sharing our investment in @AvailProject Over the past few months, we’ve gotten to know the Avail team better and quickly realized they are one of a kind... [more below]
8
15
174
2
9
110
@joeykrug
Joey Krug
4 years
Very big deal! I remember talking to an exec at a FANG company a couple years ago and he said something: “I think one of the big institutional drivers for crypto could actually be large companies putting a small amount of their balance sheet into it!” Finally happening #bitcoin !
@WallSt_Dropout
Dropout Capital
4 years
Square takes the plunge $SQ $BTC
Tweet media one
13
79
466
1
7
114
@joeykrug
Joey Krug
4 years
Not seeing this covered in the press yet. AMC and BB also seem to be banned tickets. NOK too. Insane! Imagine if when Icahn wanted to do his Herbalife trade his broker said “nah.” This is one of a ton of reasons why decentralized finance is the future
5
10
110
@joeykrug
Joey Krug
6 years
"Pick a stable coin and allow direct integration with an exchange so users can effectively enter markets by putting in a credit card number (conversion of credit card to crypto coin to stable coin to augur markets is handled in the back end and they don't have to see it)" /dreams
6
8
101
@joeykrug
Joey Krug
6 years
The Augur UI works in Safari + mobile now w/ browsers like Coinbase Wallet, etc. [design not at all optimized for mobile, but it works]!
4
18
98
@joeykrug
Joey Krug
30 days
The alignment “anons” are a lot less interesting once you know who they are.
7
4
105
@joeykrug
Joey Krug
4 years
MKR feels like Tesla did from '15-'19, mostly flat for years but at some point price action is just gonna go bonkers
8
3
102
@joeykrug
Joey Krug
6 years
During my free time @ETHSanFrancisco , spun up an @AugurProject wrapper for @dydxprotocol so we can have margin on Augur #Ethereum . Next steps are to... get it actually compiling + passing tests haha! Oh and a UI, will need that!
5
15
97
@joeykrug
Joey Krug
5 years
This is huge . It means you could have proper @AugurProject trading with proper worst case loss on @0xProject . Long time coming!
1
13
97
@joeykrug
Joey Krug
3 years
Looking to seriously build out the team further @PanteraCapital ! If you're smart + in crypto, apply here!
7
16
93
@joeykrug
Joey Krug
7 months
Feels too high. @santiagoroel would you bet on this? If you believe the true odds are 80%, then 66.66% would provide you plenty of edge. How about a $10k wager at those odds that Solana’s FDV is > ETH’s FDV on or before Christmas 2026? I’ll take the no side
@santiagoroel
Santiago R Santos | #9159
7 months
Probabilities can change very quickly. And so I think you should be prepared to change your mind often. But in school and most other places they don't emphasize this enough. As if it's some heroic act and higher moral ground sticking to your original thesis. But when you
73
89
539
9
0
98
@joeykrug
Joey Krug
2 years
How it started, how it’s going
Tweet media one
Tweet media two
11
5
91
@joeykrug
Joey Krug
12 days
The protocols that are a) live and b) have dominant positions in the evm scaling space are @arbitrum and @Optimism , and then some amount on @base as well. Everything else is more long tail. I’m biased in favor of one of these that I think is the #1 player, but I’m curious, for
36
3
98
@joeykrug
Joey Krug
6 years
Imagine thinking digital gold was the most interesting thing about crypto #blockhain #ethereum
6
7
95
@joeykrug
Joey Krug
6 years
Rapid growth of @TheBlock__ ~13k visits in sept or so to 230k+ last month
Tweet media one
0
11
93
@joeykrug
Joey Krug
1 year
P.S. We're hiring an associate to work with me. If you think that could be you, reach out! For more detail, see
12
9
84
@joeykrug
Joey Krug
6 years
V1.5 release of @AugurProject looking great!
Tweet media one
1
12
89
@joeykrug
Joey Krug
4 years
Very smart move by @brian_armstrong . Rare to see a company this big execute a fairly drastic move like this to prioritize / refocus the culture and minimize distractions.
@fintechfrank
Frank Chaparro
4 years
Scoop. Coinbase offers exit package for employees not comfortable with its mission
59
125
869
5
4
94
@joeykrug
Joey Krug
1 year
Super pumped that @foundersfund is leading this round in @neuralink . I can't think of anything that better reflects our thesis of "Investing in smart people solving difficult problems" It's truly a 0->1 company when restoring vision is only one of the things they're working on!
@neuralink
Neuralink
1 year
We’re happy to announce our $280M Series D round led by @foundersfund . We’re extremely excited about this next chapter at Neuralink. If you’d like to help make the first human experience incredible and work on engineering challenges to restore vision and mobility, come join!
687
2K
12K
1
4
92
@joeykrug
Joey Krug
2 years
“Why isn’t the market way lower?” Markets bottom when they stop going down on bad news.
39
10
94
@joeykrug
Joey Krug
4 months
If a firm tells you this and your reaction is “alright, see you in the arena!” come talk to @bridge__harris and I at @foundersfund . We love backing strong and powerful founders who aren’t intimidated easily. More on our philosophy:
@fede_intern
Fede’s intern
4 months
I know about two big funds that have been telling founders that if they can’t invest in that round, that the founder will regret it for his whole life and that they will compete with them. Those funds are insta banned from anything than Lambda will do in the decade to come and
2
1
75
4
2
92
@joeykrug
Joey Krug
5 years
To anyone (in crypto) who says Augur is too hard to use, show them @guesserio , it's pretty easy! In crypto caveat b/c it still requires metamask + acquiring crypto, although I hope the former will change and the latter will def. get easier over time
8
18
87
@joeykrug
Joey Krug
6 years
Hmmm, this is super far off base in some places and hits the mark in others. Let's start with 1) "Ethereum should be more like a company": this misses the point completely, Ethereum is *NOT* and shouldn't be a company, it's a protocol
@RyanSAdams
RYAN SΞAN ADAMS - rsa.eth 🦄
6 years
Oct 2018 @fredwilson w/ "tough love" comments on Eth TLDR; He says Ethereum isn't killing it, they're blowing their lead. They're wittling value away by missing ship dates & are lacking basic operational leadership to get shit down What do you think?
42
28
194
4
17
93
@joeykrug
Joey Krug
6 years
update: 2, 3, 4, 9 done, 5 coming in a matter of months, 1, 6, 7, 11 coming 2019 by EOY. Need on chain margining + automatic rollover solutions!
2
18
90
@joeykrug
Joey Krug
6 years
Bitcoin ~= arpanet, Ethereum ~= the web. Only been 3 years
@nbashaw
Nathan Baschez
6 years
It’s been nearly 10 years since Bitcoin launched, and there are still only two things people use blockchain technology for in production, at scale: 1. Speculation 2. Money laundering (By now, the web had Netscape, Yahoo, Google, and more.)
12
6
85
1
16
90
@joeykrug
Joey Krug
6 years
Yes, because Bezos is a far more effective operator than the govt
@lydiadepillis
Lydia DePillis
6 years
So Jeff Bezos is putting $2 billion into homelessness and preschool. Laudable. But you have to ask -- is this better than just taxing the wealth of the richest man in the world, and making that money democratically accountable?
2K
5K
23K
6
4
90
@joeykrug
Joey Krug
6 years
Wow @RobinhoodApp doing 3% yield checking and savings accounts
8
5
85
@joeykrug
Joey Krug
6 years
#1 mistake in misunderstanding scalability (made this myself initially on) is assuming the main bottleneck is CPU. It’s not. First is networking/bandwidth, then disk i/o, then and only then is it cpu. The folks at @bloXrouteLabs understand this well
@TuurDemeester
Tuur Demeester
6 years
Thread on Ethereum hardware scaling bottlenecks: "If CPU is a bottleneck for ETH that's bad news."
2
7
32
3
12
84
@joeykrug
Joey Krug
5 years
Ethereum governance has always been like this. A small technocracy of core devs, but anyone can join to be a “core dev” (calls are open + anyone can submit a PR). Also always been a bit dysfunctional when compared to a startup, but the bazaar is always like that.
2
6
82
@joeykrug
Joey Krug
3 months
The only thing you need to know about this debate is @ErikVoorhees and @Scaramucci publicly have massive Bitcoin positions and @Nouriel and @PeterSchiff don’t have massive Bitcoin short positions. The “Bitcoin has no value” side isn’t willing to bet on it
10
3
83
@joeykrug
Joey Krug
6 months
I do trust #Bitcoin more than an Oracle database!
@WatcherGuru
Watcher.Guru
6 months
JUST IN: SEC Chair Gary Gensler says #Bitcoin is "not that decentralized."
2K
1K
7K
7
3
79
@joeykrug
Joey Krug
6 years
Infura isn’t used to run Augur.
2
8
77
@joeykrug
Joey Krug
6 years
Dai still a dollar
4
8
80
@joeykrug
Joey Krug
6 years
It strikes me as a red flag that any web app would need to utilize greater than 3 libraries.
5
5
77
@joeykrug
Joey Krug
6 years
Why are no exchanges listing Dai?
16
5
76
@joeykrug
Joey Krug
10 months
The new iPhone thing of “we don’t include a charger to save the environment, but you need to order one which ships separately” is idiocracy level
8
1
79
@joeykrug
Joey Krug
6 years
Crowd is so wrong on this one. People don’t seem to understand that 80% of the reason usability is garbage is because of no scale
@AlexSkidanov
Alex Skidanov (alex.near)
6 years
What is the biggest blocker of Ethereum mainstream adoption?
21
8
15
7
12
77
@joeykrug
Joey Krug
26 days
Signal has: - No bug bounty as far as I can tell - No proper public disclosure after critical vulnerabilities are fixed - Uses weirdly insecure email that governments can likely read for their vuln inbox - On (at a minimum their desktop app), messages weren’t deleted for years
3
11
77
@joeykrug
Joey Krug
1 year
Interesting chart
Tweet media one
7
5
72
@joeykrug
Joey Krug
4 years
Wow this is cool
2
5
75
@joeykrug
Joey Krug
2 months
Pelosi is a trader at heart. She could’ve run a hedge fund and instead dedicated her life to public service. God bless
@JBSDC
Justin Slaughter
2 months
Speaker Pelosi supports regulating crypto and not leaving it to a Federalist Society bleached judiciary.
7
7
86
7
3
76
@joeykrug
Joey Krug
6 years
Anyone whining about dapps not having users doesn’t understand transaction fees, scale/throughput, or liquidity formation. The latter can’t happen w/o the former two being solved, otherwise you can’t market make/trade, so what’s the point of using something?
10
9
75
@joeykrug
Joey Krug
1 year
If you or someone you know is raising capital for a startup in crypto, or if you're a VC looking to share deal-flow together, feel free to DM me here or email me at joey @foundersfund .com.
8
4
64
@joeykrug
Joey Krug
5 years
And those were just the backend updates, wait til you see the UI. One more thing: most of it’ll be releasing *before* V2
@TusharJain_
Tushar Jain
5 years
@AugurProject released a *huge* update with v2. These contracts are now in the process of audited prior to deployment. Augur v2 + DAI + all the companies being founded to build on Augur ( @veil , @guesserio , & more) is going to quickly become the biggest ecosystem in Open Finance.
4
4
30
0
13
70
@joeykrug
Joey Krug
1 month
This tweet makes a classic probability mistake. The map on the left assumes Trump is guaranteed to lose all of WI, MI, and and PA, yet his @polymarket odds are only slightly below 50% for each of them. The odds that he loses *all 3* are far less than 100%.
@adamscochran
Adam Cochran (adamscochran.eth)
1 month
1/11 The on reason I don’t think prediction markets are accurate yet, beyond their sector bias, is people are inherently bad at odds & pricing. Polymarket simultaneously predicts both Trump and Biden as the likely winners.
Tweet media one
Tweet media two
28
12
110
10
2
72
@joeykrug
Joey Krug
5 years
Excited for this! was the original vision for 0x IMO and it'll be awesome to see it happen
2
4
67
@joeykrug
Joey Krug
5 years
I think they’re competitors going after very similar markets. For some reason the ethereum community has always had this mentality that competition=bad so let’s deny that competition exists or jump through hoops to argue we’re not competitors
@kukulabanze
Ryan Zurrer
5 years
@technocrypto @ameensol @DeanEigenmann @SpankChain @polkadotnetwork Lets leave the navy references aside. Ethereum is great and I'm a supporter. However, I can be optimistic about other projects. Ethereum is loosing its lead, but that is ok. I think Ethereum & Polkadot are highly synergistic. Nothing dishonest there.
3
0
0
7
10
67
@joeykrug
Joey Krug
1 year
Super awesome to see, Maverick putting up pretty meaningful numbers w/ very low capital required to do so
@mavprotocol
Maverick Protocol
1 year
Top 3 baby, after @Uniswap and @CurveFinance
Tweet media one
6
15
78
2
14
48
@joeykrug
Joey Krug
6 years
Interestingly, since launch the sole metric that matters wrt to Augur has been steadily growing: open interest. Doubly interesting, that’s without dai, cheap crypto fiat onramps, or any scalability solutions. All 3 coming 2019.
5
9
67
@joeykrug
Joey Krug
4 years
Maker was undervalued for too long
Tweet media one
@joeykrug
Joey Krug
4 years
Maker!
Tweet media one
4
6
55
4
2
68