In this episode of Empire, Jason Yanowitz rejoins Rob and Santi to discuss recent events in the crypto space. The hosts dive into the controversy surrounding Paradigm's alleged coordinated attack on Polymarket, debating the appropriate level of VC involvement with portfolio companies. They then shift to Paradigm's Tempo testnet launch, highlighting its impressive list of partners and potential impact on the payments landscape, questioning whether it will have a token. The conversation moves to Ken Chang's critique of the crypto industry, prompting a broader discussion about founder burnout, hyper-financialization, and the importance of building for a sustainable customer base. Finally, they analyze Farcaster's pivot towards building a wallet, reflecting on the challenges of decentralized social networks and the evolving priorities of users. The episode concludes with content recommendations and a preview of next week's predictions podcast.
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