DeFi, ZK Snarks, Layer 2 | What Founders Fund Partner Joey Krug Invests In

In this episode, I am joined by Joey Krug, a prominent figure in the cryptocurrency and blockchain industry who has recently joined Founder Fund, a VC with 11 billion AUM. We delve into his investment strategies and explore his insights on the upcoming investment narratives in the crypto space. From discussing DeFi and layer 2 projects to exploring topics like ZK snarks, gaming, and meme coins, Joey's extensive background in both building tech projects and investing makes this episode a must-watch for anyone interested in the field. Don't miss out on this opportunity! Follow Joey Krug: https://twitter.com/joeykrug ►►THE DAILY CLOSE BRAND NEW NEWSLETTER! INSTITUTIONAL GRADE INDICATORS AND DATA DELIVERED DIRECTLY TO YOUR INBOX, EVERY DAY AT THE DAILY CLOSE. TRADE LIKE THE BIG BOYS. 👉 https://www.thedailyclose.io/ ►►BITGET GET UP TO A $8,000 BONUS IN USDT AND GET MASSIVE DISCOUNTS ON TRADING FEES! 👉 https://thewolfofallstreets.info/bitget ►►NORD VPN GET EXCLUSIVE NORDVPN DEAL - 40% DISCOUNT! IT’S RISK-FREE WITH NORD’S 30-DAY MONEY-BACK GUARANTEE. PROTECT YOUR PRIVACY! 👉 https://nordvpn.com/WolfOfAllStreets ►►COINROUTES TRADE SPOT & DERIVATIVES ACROSS CEFI AND DEFI USING YOUR OWN ACCOUNTS WITH THIS ADVANCED ALGORITHMIC PLATFORM. SAVE TONS OF MONEY ON TRADING FEES LIKE THE PROS! 👉 http://bit.ly/3ZXeYKd ►► JOIN THE FREE WOLF DEN NEWSLETTER, DELIVERED EVERY WEEK DAY! 👉https://thewolfden.substack.com/ Follow Scott Melker: Twitter: https://twitter.com/scottmelker Web: https://www.thewolfofallstreets.io Spotify: https://spoti.fi/30N5FDe Apple podcast: https://apple.co/3FASB2c #Bitcoin #Crypto #trading Timestamps: 0:00 Intro 1:12 Where is money flowing into crypto 4:00 Investing in the Bitcoin ecosystem 6:12 Layer 2 8:00 Does decentralization matter? 14:02 Meme coins 15:40 Killer apps for crypto 18:55 AI 23:40 From computer science to investments 25:20 FOMO cycle 27:20 Naratives for the next cycle 32:20 Lower valuations 36:40 Do the projects need tokens? 39:50 ZK snarks will be the hot topic 44:20 Follow Joey The views and opinions expressed here are solely my own and should in no way be interpreted as financial advice. This video was created for entertainment. Every investment and trading move involves risk. You should conduct your own research when making a decision. I am not a financial advisor. Nothing contained in this video constitutes or shall be construed as an offering of financial instruments or as investment advice or recommendations of an investment strategy or whether or not to "Buy," "Sell," or "Hold" an investment.