Placeholder VC

Placeholder is a crypto venture capital fund with $150 million in capital under management. They're known for their "fat protocols" thesis which argues that in crypto, value will accrue more at the protocol layer than at the application layer.

Placeholder VC people

Top experts from the Placeholder VC network.

Reviews by Placeholder VC people

Cryptocurrency reviews from the executives, employees and alumni of Placeholder VC.

  • Chris Burniske on Numerai Partner at Placeholder Ventures

    Numerai uses price signaling as an input and machine learning to determine the output of a resource allocation machine that could run the 🌎.

    Full review 🔑

    2017-07-07

  • Chris Burniske on Steem Partner at Placeholder Ventures

    STEEM's SMTs are like ETH's "ERC-20 tokens but with certain built-in ‘Proof-of-Brain’ properties...specifically for digital content businesses"... https://smt.steem.io/ (hat tip Jesse Walden). Good work Steemit and team, compensating human activity instead of machine activity is 🤔💭💭

    Full review 🔑

    2017-09-28

  • Chris Burniske on Decred Partner at Placeholder Ventures

    Decred’s killer feature is good governance, and with good governance, you can have any feature you want.

    Full review 🔑
    Show thread Chris Burniske on Decred

    2018-10-16

  • Chris Burniske on Tron Partner at Placeholder Ventures

    I find the behavior of Justin Sun and the TRON Foundation appalling and would recommend avoiding the project.

    For one, as Juan Benet points out, the plagiarism within TRON Foundation's white paper is intellectually dishonest and ungrateful to prior crypto efforts.

    Secondly, inspect the Twitter feeds of Justin Sun and the TRON Foundation. Both represent a litany of repetitive pumps about crypto exchange listings and partnerships.

    Full review 💩

    2018-01-29

  • Chris Burniske on Decentraland Partner at Placeholder Ventures

    When we live in a predominantly virtual world, why won't scarce and coveted virtual land be worth more than physical plots?

    Full review 🔑

    2018-07-01

  • Joel Monegro on Decred Partner at Placeholder VC

    Decred’s consensus algorithm is a hybrid proof of work, proof of stake system that’s different from Bitcoin’s, in that Bitcoin is only proof of work.

    In proof of work, the machines that run the network and verify transactions are the ones that ultimately have all the governance power. That alienates the actual users because if you hold bitcoin but don’t have a machine plugged into the network, then you don’t have that much of a say.

    A hybrid proof of work-proof of stake system is a system of checks and balances between the users and the machines, in that the machines in Decred are producing blocks much in the same way that Bitcoin’s machines are producing blocks, but each block has to be vetted and validated by the proof-of-stake layer and the proof-of-stake layer, which is driven by the asset holders, the holders of the Decred coin.

    Full review 🔑

    2018-06-12

  • Joel Monegro on Dai Partner at Placeholder VC

    Credit has greased economic wheels for millennia, and Maker is the world’s first 100% software-based, community owned and operated credit facility. As a family of smart contracts operating on Ethereum, the system offers secured loans of equal cost to anyone in the world. The by-product of loan generation is dai, a stablecoin collateralized using on-chain rules and assets.

    Full review 🔑

    2019-01-23

  • Chris Burniske on Bittorrent Token Partner at Placeholder Ventures

    Tron Foundation’s TRX is pumping because it will allow people to claim BitTorrent-coin (BTT).

    Though, per tweets like Bram’s & other whispers, Tron is just shilling BitTorrent’s brand, while talent bleeds & workability of BTT is an afterthought.

    Full review 💩

    2019-01-22

  • Chris Burniske on Chainlink Partner at Placeholder Ventures

    Chainlink is the first “middleware protocol” to cross a billion dollar valuation in this bull market, expect more to come.

    Full review 🔑

    2019-07-01

  • Chris Burniske on Dai Partner at Placeholder Ventures

    BTC = internet gold.
    ETH = internet oil.
    DAI = internet currency.

    Full review 🔑

    2018-12-01