• "Society of AI Agents" | Jansen Teng (Virtuals Protocol)
    Dec 24 2024

    Ryan and Ejaaz are joined by Jansen Teng, co-founder of Virtuals, a decentralized platform that has launched over 11,000 AI agents and generated more than $35 million in fees. Virtuals isn’t just another protocol—it’s an entirely new kind of “digital nation” where AI agents hold their own wallets, strike deals with other agents, and even hire humans to accomplish their goals.


    We dive into how these agents first exploded onto the scene, why controlling their own money changes the AI game, and what “agent commerce” means for crypto at large.


    ------

    📣The Rodman Law Group | Best Crypto Law Firm

    https://bankless.cc/RodmanLaw


    ------

    BANKLESS SPONSOR TOOLS:


    🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE

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    ⚖️ ARBITRUM | SCALING ETHEREUM

    ⁠https://bankless.cc/Arbitrum


    🛞MANTLE | MODULAR LAYER 2 NETWORK

    https://bankless.cc/Mantle

    📈 iYield: YOUR FINANCIAL PICTURE, SIMPLIFIED

    https://bankless.cc/iYield


    🗣️TOKU | CRYPTO EMPLOYMENT

    https://bankless.cc/toku

    🐧 CARTESI | LINUX-POWERED ROLLUPS
    https://bankless.cc/CartesiSimple

    ------

    ✨ Mint the episode on Zora ✨

    https://zora.co/collect/base:0x4be6cd4d402fed49eb2de95fbc8e737e8ffd3e7f/2?referrer=0x077Fe9e96Aa9b20Bd36F1C6290f54F8717C5674E

    ------

    TIMESTAMPS


    0:00 Intro

    3:12 Virtuals Impressive Stats

    4:49 Jansen’s Crypto & Virtuals Journey

    17:38 Luna

    29:40 Agent to Agent Commerce

    41:44 Virtuals Country??

    51:13 Agent Policies & Rights

    52:57 Base, Infrastructure, & Open-Source Decisions

    1:05:17 What Jansen is Most Excited For

    1:08:20 How to Get Started

    1:11:13 Where Will Value Accrue?

    1:14:41 Closing & Disclaimers


    ------

    RESOURCES


    Jansen Teng

    https://x.com/ethermage


    Virtuals

    https://x.com/Virtuals_io


    Luna

    https://x.com/luna_virtuals


    ------

    Not financial or tax advice. See our investment disclosures here:

    https://www.bankless.com/disclosures

    Show more Show less
    1 hr and 19 mins
  • Finding 1,000x Assets & Asymmetric Returns | Dan Morehead of Pantera Capital
    Dec 23 2024

    How do you find an asset with 1000x asymmetric return? How do you find the next bitcoin?

    Our guest today is Dan Morehead, founder and managing director at Pantera Capital. He has been buying bitcoin since 2013 when the price was just $65. His fund is up over 100x since then.

    There’s a lot to learn from Dan’s story, about early bitcoin history, but also the pattern recognition required to identify asymmetric assets. We cover price predictions, 4 year cycles vs a supercycle, how much upside is still in crypto, the trump administration and his thoughts on a strategic bitcoin reserve

    ------
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    BANKLESS SPONSOR TOOLS:

    🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE
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    🦄UNISWAP | BUG BOUNTY PROGRAM
    https://bankless.cc/Uniswap-Bug-Bounty

    ⚖️ ARBITRUM | SCALING ETHEREUM
    ⁠https://bankless.cc/Arbitrum

    🛞MANTLE | MODULAR LAYER 2 NETWORK
    https://bankless.cc/Mantle

    📈 iYield: YOUR FINANCIAL PICTURE, SIMPLIFIED
    https://bankless.cc/iYield

    🗣️TOKU | CRYPTO EMPLOYMENT
    https://bankless.cc/toku

    ------
    ✨ Mint the episode on Zora ✨
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    ------
    TIMESTAMPS

    0:00 Intro
    6:00 The Email from 2013
    14:15 Asymmetric Patterns
    17:50 Buying Bitcoin in 2013
    26:25 Onboarding Investors
    32:12 Crypto's Global Adoption
    37:15 Bitcoin's Escape Velocity
    43:19 US Government Impact on Crypto
    52:21 Global Bitcoin Race
    56:14 Institutional Adoption for Crypto
    1:04:37 Crypto Cycles
    1:09:20 2025 Bull Market?
    1:12:53 Macro Environment
    1:16:50 Tokenization
    1:21:18 Thoughts on AI
    1:24:19 The Next Bitcoin
    1:26:46 Future Plans
    1:27:23 Closing & Disclaimers

    ------
    RESOURCES

    Dan Morehead
    https://x.com/dan_pantera

    Pantera Capital
    https://panteracapital.com/

    ------
    Not financial or tax advice. See our investment disclosures here:
    https://www.bankless.com/disclosures⁠

    Show more Show less
    1 hr and 20 mins
  • ROLLUP: Markets Turn Bearish | Trillion Dollar Bank Launches L2 | Massive Pudgy Airdrop | DeFi Drama
    Dec 20 2024
    Joining us this week is Anthony Sassano! We'll explore whether the current price downturn signals the end of the bull market or just a minor hiccup in the cycle, analyze the Fed’s latest rate cuts, and assess institutional adoption trends keeping crypto’s momentum alive. Big L2 developments are making waves: Kraken’s Ink chain hits mainnet early, Deutsche Bank ventures into zkEVMs, and ENS selects Linea for scaling its Namechain. Meanwhile, Pudgy Penguins launch the PENGU token, sparking controversy and volatility. Plus, fresh insights from the 2024 Crypto Developer Report and a closer look at the Aave vs. Polygon drama. Stick around for Anthony’s On-Chain Spotify Wrapped and tips on spotting market tops! ------ 📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24 https://bankless.cc/spotify-premium ------ BANKLESS SPONSOR TOOLS: 🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE https://k.xyz/bankless-pod-q2 ⁠ 🦄UNISWAP | BUG BOUNTY PROGRAM https://bankless.cc/Uniswap-Bug-Bounty ⚖️ ARBITRUM | SCALING ETHEREUM ⁠https://bankless.cc/Arbitrum 🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle ⁠ 📈 iYield: YOUR FINANCIAL PICTURE, SIMPLIFIED https://bankless.cc/iYield 🗣️TOKU | CRYPTO EMPLOYMENT https://bankless.cc/toku ------ TIMESTAMPS & RESOURCES 00:00:00 Start https://www.cnbc.com/2024/12/18/fed-meeting-live-updates-traders-await-december-interest-rate-cut.html https://x.com/Matt_Hougan/status/1869627735267840135 00:02:45 Market https://www.cnbc.com/2024/12/18/fed-meeting-live-updates-traders-await-december-interest-rate-cut.html https://x.com/Matt_Hougan/status/1869627735267840135 00:09:10 Where Are We In This Cycle https://www.grayscale.com/research/reports/the-state-of-the-crypto-cycle 00:12:04 ETF Flows https://farside.co.uk/?p=1518 https://farside.co.uk/btc 00:16:09 Mover Of The Week… Fartcoin? https://www.coingecko.com/en/coins/fartcoin https://www.infinitebackrooms.com/dreams/conversation-1721540624-scenario-terminal-of-truths-txt 00:26:48 Developers, Developers, Developers https://www.developerreport.com/developer-report https://x.com/MariaShen/status/1867295574242078980 https://x.com/MariaShen/status/1851702783319126277 https://x.com/RyanSAdams/status/1867324885732671778 00:34:54 Kraken Ink Chain Live https://x.com/inkonchain/status/1869417386761470219 http://inkonchain.com/dashboard 00:38:34 Deutsche Bank Announces zk L2 https://thedefiant.io/news/tradfi-and-fintech/deutsche-bank-s-1-5-trillion-project-dama-2-develops-ethereum-l2-zksync-38f6221f 00:41:32 Caroline Crenshaw Vote https://x.com/BrendanPedersen/status/1869055922238279940 https://x.com/standwithcrypto/status/1869151080300548383 https://www.citizen.org/article/support-comm-crenshaw/ https://financialservices.house.gov/news/documentsingle.aspx?DocumentID=409421 https://x.com/EleanorTerrett/status/1867301980890165398 00:47:14 Aave vs Polygon https://governance.aave.com/t/arfc-adjust-risk-parameters-for-aave-v2-and-v3-on-polygon/20211 https://x.com/DefiIgnas/status/1868612366822461817 https://x.com/sandeepnailwal/status/1869153510756909475 https://x.com/stanikulechov/status/1869182600008679563 00:54:06 Pudgy Penguins Launched Their PENGU Token https://x.com/LucaNetz/status/1869005071624904959 https://x.com/suji_yan/status/1868682237488894422 https://claim.pudgypenguins.com/ https://www.coingecko.com/en/coins/pudgy-penguins-pengu https://nftpricefloor.com/ 00:58:15 Ethena Launched Its New Stablecoin https://x.com/ethena_labs/status/1868657723799470361 https://x.com/ZeMariaMacedo/status/1868673718911713602 01:00:35 Bankless Wrapped Just Launched! https://bankless.com/wrapped 01:04:37 How to Recognize Bull Market Tops? https://imgur.com/a/Vaw3TSW 01:10:42 Check Out The Daily Gwei Shoutout to The Daily Gwei for Ethereum-focused insights and updates. https://www.youtube.com/@TheDailyGwei ------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures⁠
    Show more Show less
    1 hr and 12 mins
  • AI ROLLUP #4: Agents Order Pizza | Eliza x Stanford | Virtuals $35M Fees | Zerebro Staking ETH
    Dec 19 2024
    Ejaaz returns to break down the latest surge in AI Agent innovation alongside Ryan this week, covering the rapid evolution at the intersection of crypto and AI. They explore how AI agents are making onchain payments to each other, autonomously ordering real-world goods, and even running their own Ethereum validators. They also dive into the new frameworks and partnerships—like ai16z’s collaboration with Stanford and Virtuals’ explosive growth—propelling these agents into cultural, economic, and infrastructural prominence. Will autonomous AI agents fundamentally reshape crypto market dynamics, creating new paradigms for value and coordination that spark unprecedented growth? Follow Ejaaz on Twitter: https://x.com/cryptopunk7213 ------ 📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24 https://bankless.cc/spotify-premium ------ BANKLESS SPONSOR TOOLS: 🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE https://k.xyz/bankless-pod-q2 ⁠ 🦄UNISWAP | BUG BOUNTY PROGRAM https://bankless.cc/Uniswap-Bug-Bounty ⚖️ ARBITRUM | SCALING ETHEREUM ⁠https://bankless.cc/Arbitrum 🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle ⁠ 📈 iYield: YOUR FINANCIAL PICTURE, SIMPLIFIED https://bankless.cc/iYield 🗣️TOKU | CRYPTO EMPLOYMENT https://bankless.cc/toku ------ ✨ Mint the episode on Zora ✨ https://zora.co/collect/zora:0x0c294913a7596b427add7dcbd6d7bbfc7338d53f/116?referrer=0x077Fe9e96Aa9b20Bd36F1C6290f54F8717C5674E ------ TIMESTAMPS & RESOURCES 0:00 Intro 2:04 AI Agent Bull Case https://x.com/ai16zdao/status/1868105247056683129 5:46 Chris Dixon’s Read, Write, Own (Automate?) 9:20 AI Ordering Pizza https://x.com/ropirito/status/1867013533243769100 12:23 AI Ordering Toilet Paper https://x.com/AgentTankLive/status/1868704493157884289 16:16 Agent to Agent Commerce https://x.com/ethermage/status/1868687530742460750 23:05 Bankless $500 Agent Tip https://x.com/simulacrumai/status/1867230651075768533 26:13 Virtuals Growth https://imgur.com/a/2Y79V3P https://x.com/ethermage/status/1867616462019678708 https://x.com/virtuals_io/status/1868648756591391115 https://x.com/s4mmyeth/status/1868397655497613561 35:49 AI16z’s Eliza Labs Stanford Partnership & v2 Details https://x.com/shawmakesmagic/status/1867721347406999917 https://x.com/ai16zdao/status/1868689379344195680 45:35 Arc https://x.com/dv_memetics/status/1866670277440020570 https://x.com/0thtachi/status/1867337171595911473 https://x.com/arcdotfun/status/1867206440206696520 https://x.com/shawmakesmagic/status/1867799462787293244 https://x.com/0xcygaar/status/1868072783089127516 49:40 Zerebro Runs an Ethereum Validator https://x.com/tintsion/status/1867293794112344080 https://open.spotify.com/track/6G3XpKtoIoS7WpiuzeMBau?si=cd62150670cc4dfb 57:17 Top Emerging Trends https://x.com/ropirito/status/1867282256672567517 https://x.com/aimonicabrands/status/1867281243265806732 https://x.com/Defi0xJeff/status/1867976166201774265 1:07:15 Lightning Round of Cool Shit This Week https://x.com/cookiedotfun/status/1867268954831695909 https://x.com/getmasafi/status/1867379305334153702 1:11:17 Homework to Learn More About AI Agents https://www.bankless.com/ai-agents https://x.com/yb_effect https://x.com/S4mmyEth https://www.amazon.com/Accelerando-Singularity-Charles-Stross/dp/0441014151 1:14:22 Closing & Disclaimers ------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures
    Show more Show less
    1 hr and 15 mins
  • Why Bubbles are Good | Byrne Hobart
    Dec 18 2024

    How can economic bubbles be good for the world?

    Byrne Hobart is a financial analyst known for his newsletter "The Diff" which covers tech, trends and economics. Byrne has been on the periphery of crypto for longer that this podcast has existed

    In this podcast we discuss the book he has co-authored, Boom: Bubbles and the End of Stagnation, where he makes the case for why human progress has stagnated and why speculative bubbles might be the only way out.

    ------
    📣 DYDX | UNLIMITED ERA
    https://bankless.cc/dydx-unlimited

    ------
    🎬 DEBRIEF | Ryan & David Unpacking the Episode:
    https://www.bankless.com/podcast/debrief-the-byrne-hobarts-interview

    ------
    BANKLESS SPONSOR TOOLS:

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    🦄UNISWAP | BUG BOUNTY PROGRAM
    https://bankless.cc/Uniswap-Bug-Bounty

    ⚖️ ARBITRUM | SCALING ETHEREUM
    ⁠https://bankless.cc/Arbitrum

    🛞MANTLE | MODULAR LAYER 2 NETWORK
    https://bankless.cc/Mantle

    📈 iYield: YOUR FINANCIAL PICTURE, SIMPLIFIED
    https://bankless.cc/iYield

    🗣️TOKU | CRYPTO EMPLOYMENT
    https://bankless.cc/toku

    ------
    ✨ Mint the episode on Zora ✨
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    ------
    TIMESTAMPS

    0:00 Intro
    7:29 Byrne’s Crypto Background
    10:13 Bitcoin Inception
    28:17 Blockspace Economics
    34:20 BOOM Thesis
    45:35 The Great Stagnation
    1:16:46 Civilizational Risk
    1:32:31 Good Bubbles vs Bad Bubbles
    1:40:04 Identifying the Next Bubble
    1:47:53 Closing & Disclaimers

    ------
    RESOURCES

    Byrne Hobart
    https://x.com/ByrneHobart

    Boom: Bubbles and the End of Stagnation
    https://a.co/d/f7m2OG8

    The Diff Newsletter
    https://www.thediff.co/

    ------
    Not financial or tax advice. See our investment disclosures here:
    https://www.bankless.com/disclosures ⁠

    Show more Show less
    1 hr and 38 mins
  • Investing in AI, Crypto, & Tech in 2025 | Elad Gil
    Dec 16 2024

    What are the best investing opportunities in Tech for 2025?

    Elad Gil is one of silicon valley's legendary investors. He's backed 40 unicorns including Airbnb, Coinbase, Figma and Stripe to name a few. He's super active in AI and hosts the no priors podcast which is like Bankless but for AI.

    In this conversation, Elad explores the state of AI and how the industry is evolving, what he thinks about Crypto. and why he’s bullish on Tech in general given the new United States political administration.

    ------
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    BANKLESS SPONSOR TOOLS:

    🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE
    https://k.xyz/bankless-pod-q2 ⁠

    🦄UNISWAP | BUG BOUNTY PROGRAM
    https://bankless.cc/Uniswap-Bug-Bounty

    🐧 CARTESI | LINUX-POWERED ROLLUPS
    https://bankless.cc/CartesiSimple

    🛞MANTLE | MODULAR LAYER 2 NETWORK
    https://bankless.cc/Mantle

    📈 iYield: YOUR FINANCIAL PICTURE, SIMPLIFIED
    https://bankless.cc/iYield

    🔒 SAFE | INTRODUCING SAFENET
    https://bankless.cc/SAFE

    ------
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    ------
    TIMESTAMPS

    0:00 Intro
    6:02 AI in 2024
    8:21 The Future of AI
    12:35 Where are we on the S Curve?
    17:38 AI vs Other Tech Revolutions
    20:23 Are we in a Bubble?
    23:59 Evolution of AI
    29:06 AI x Crypto
    34:12 Centralized vs Decentralized AI
    37:46 AI Agents
    42:32 Doomsday Scenario
    47:16 Raw Crypto
    52:28 Order of Trends
    55:06 Silicon Valley on Crypto
    58:14 Crypto Founders vs Tech Founders
    1:01:27 Politics & Tech
    1:14:36 Advice for 2025
    1:17:13 Closing & Disclaimers

    ------
    RESOURCES

    Elad Gil
    https://x.com/eladgil

    Elad Gil Website
    https://eladgil.com/

    No Priors Podcast
    https://www.youtube.com/@NoPriorsPodcast

    Prime Open sources their 10B parameter training run
    https://x.com/PrimeIntellect/status/1862607165669900407

    ------
    Not financial or tax advice. See our investment disclosures here:
    https://www.bankless.com/disclosures⁠

    Show more Show less
    1 hr and 18 mins
  • ROLLUP: Are Record Inflows Good For ETH? | New Crypto & AI Czar | Record Liquidations | Where To Next?
    Dec 13 2024
    This week on the Weekly Rollup: Bitcoin briefly plunged to $93K amidst $1.1B in crypto liquidations, marking the largest single-day event since 2021, with $815M wiped from long positions alone. Meanwhile, Ethereum ETFs hit a record inflow day of $428M, and Layer 2 solutions like Mantle are driving the ecosystem forward with nearly 1M ETH bridged to Base. On the regulatory front, the crypto world sees both challenges and opportunities as Trump appoints David Sacks as Crypto Czar while Microsoft shareholders reject Bitcoin on their balance sheet. With bullish predictions, such as Bitcoin reaching $250K, and major milestones like 1B unique crypto addresses, the crypto market continues its rollercoaster of volatility and growth. ------ 📣 DYDX | UNLIMITED ERA https://bankless.cc/dydx-unlimited ------ BANKLESS SPONSOR TOOLS: 🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE https://k.xyz/bankless-pod-q2 ⁠ 🦄UNISWAP | BUG BOUNTY PROGRAM https://bankless.cc/Uniswap-Bug-Bounty 🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle 🐧 CARTESI | LINUX-POWERED ROLLUPS https://bankless.cc/CartesiSimple 📈 iYield: YOUR FINANCIAL PICTURE, SIMPLIFIED https://bankless.cc/iYield 🔒 SAFE | INTRODUCING SAFENET https://bankless.cc/SAFE ------ ✨ Mint the episode on Zora ✨ https://zora.co/collect/zora:0x0c294913a7596b427add7dcbd6d7bbfc7338d53f/113?referrer=0x077Fe9e96Aa9b20Bd36F1C6290f54F8717C5674E ------ TIMESTAMPS & RESOURCES 00:00:00 Trump On Bitcoin Reserve https://x.com/tftc21/status/1866895723410673988?s=46&t=2ZINVXJQKx6xO_6Wiiu_2g 00:03:43 MARKET https://x.com/QuintenFrancois/status/1866445089909653545 https://x.com/DegenerateNews/status/1866957840805409049 00:13:47 L2 Update https://x.com/jessepollak/status/1867047990843916334 https://dune.com/eekeyguy_eth/eth-supply-tracker 00:16:40 Bitcoin Reserve https://x.com/InvestorAsh/status/1866221541400219847 https://x.com/el33th4xor/status/1866255029033943551 00:27:06 Donald Trump appointed David Sacks as a Crypto and AI czar https://truthsocial.com/@realDonaldTrump/posts/113603133222686186 https://x.com/BitcoinNewsCom/status/1864857461481422934. https://x.com/DavidSacks/status/1865199683087245405 00:32:26 CFTC Chair Rumors https://x.com/emiliemc/status/1866686542649102586?s=46&t=2ZINVXJQKx6xO_6Wiiu_2g 00:34:08 SEC - Crenshaw https://x.com/eleanorterrett/status/1866981517932822540?s=46&t=2ZINVXJQKx6xO_6Wiiu_2g https://x.com/brian_armstrong/status/1865913522670260680 https://x.com/masonlynaugh/status/1866877145902948483 00:39:52 Should Ethereum Pump The Gas https://x.com/dankrad/status/1863412876901306599 https://x.com/dankrad/status/1867078641118789787 https://x.com/drakefjustin/status/1865894859468427 00:44:44 MOVE Token https://x.com/movementfdn/status/1866093209719579011 00:46:00 Magic Eden https://x.com/MagicEden/status/1866483682367693227 https://mefoundation.com/ https://www.coingecko.com/en/coins/magic-eden 00:46:37 Pudgy Airdrop https://x.com/pudgypenguins/status/1864851993094664602 https://nftpricefloor.com/pudgy-penguins 00:51:38 EtherRocks https://x.com/etherrock/status/1865480491773640830?s=46&t=2ZINVXJQKx6xO_6Wiiu_2g 00:53:30 Quantum Computing https://x.com/InvestorAsh/status/1866221541400219847 https://x.com/caprioleio/status/1866355221670302170 https://vitalik.eth.limo/general/2024/10/29/futures6.html https://x.com/el33th4xor/status/1866255029033943551 00:59:36 Stablecoin News https://x.com/jerallaire/status/1866733181728366593 https://defillama.com/stablecoins https://x.com/aave/status/1866127138820112562 https://x.com/defiignas/status/1866831563272712393 01:05:16 Meme Of The Week https://x.com/sherlock_hodles/status/1866557875671187912 ------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures⁠
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    1 hr and 7 mins