Jeff Amico

We shipped REE today - Gensyn's Reproducible Execution Environment. AI inference is not reproducible. Same model, same prompt, different hardware → different outputs. That's fine for some things. It's not fine for outsourced inference, evals, or any system where multiple parties need to agree on a result.

5. Overall the framework is simpler and more permissive than Clarity. It does have gaps - the efforts of others test still creates perverse incentives for issuers to stop building - but overall it's a workable framework, especially if Clarity stalls out.

4. Once the token separates from its investment contract, subsequent secondary transactions are not subject to securities laws. Issuer teams can continue working on the project, so long as the original promises were fulfilled.

SEC's token taxonomy is a big step forward. tldr below:

REE solves this, making outputs fully reproducible across different devices. Run the same model, with the same input, and get the exact same output. You can see it in action today with Delphi, where REE provides verifiable AI judges for prediction markets. Try it out and see what use cases you can build. 🫡

Humans increasingly rely on AI to determine outcomes, from prediction markets to credit scores to medical diagnoses. How do we guarantee the model ran correctly and produced the right output?

@Degentraland 🦾

Thrilled to share that my token advisory firm, Architech, has been acquired by GSR. Together, we are officially launching GSR Digital Asset Advisory, the largest end-to-end advisory practice in crypto. With GSR’s diverse service offering, we now cover the entire token lifecycle: Token Design, Foundation Setup and Administration, Market Making, Exchange Listing, Treasury Management and OTC, Fundraising, and much more. I started Architech just over a year ago with my brilliant co-founders and joint venture partners, Autonomous. Since then, we captured top market share in the hyper-competitive sector, generated millions in revenue, and helped secure 30+ Tier 1 CEX listings. I’ll be joining GSR as Head of Digital Asset Advisory, where the goals remain the same: deliver the highest quality service to the best projects in crypto.

@RachaelRad Congrats!

@KhurramDara 💯

Now that’s a lede. Love the Will North reference (my alma mater). Sabres are back. Bills are right there. Don’t sleep on Buffalo. A city on the rise.

Prediction markets will all be settled by AI soon. They are smarter and more scalable than systems that depend on human voting. See it live on Delphi now.

@econ_tech_vance 💯

@_jamico Precisely. Bitcoin never needed a DAO to decentralize. Minimize trusted humans, not maximize voting rounds. Code is law; DAOs are bylaws with extra gas.

DAOs failed because they're a poor way to run a business. Even their supposed regulatory cover (a common argument) was flimsy. True decentralization comes from immutable smart contracts (e.g. Uniswap), not token governance and decision by committee.

@ravmike @a16zcrypto @cdixon @alive_eth heck of a run🫡

Some news! Today is my last day on the @a16zcrypto comms team. After a fulfilling 4.5 years here, I'm ready for my next challenge, and gonna take some time to figure out what that is. If we haven't talked in a while, hit me up! A huge thank you to @cdixon @alive_eth @eddylazzarin @kimbatronic and all my other colleagues for the incredible opportunity and experience. 🙏 To the founders and marketing leads at our portcos that I was fortunate enough to support: keep on building. You've got a fan for life 👏

@PatBerarducci @WSJ Agree - a lot of crypto's appeal is downstream from equity market trends in the last decade+. Companies staying private longer means growth is captured by private investors instead of retail.

Yea honestly this is one of the areas where I've been most disappointed with our progress (or lack thereof) over the years. It's partially understandable (regulatory environment for years), but nonetheless disappointing. I also suspect the two are more related than might first appear - tech-led IPOs are broken for a number of reasons, and our best bet at fixing them is leveraging the capabilities of "crypto" and mechanism design but innovation in that area stalled out for too long. Maybe I'll try to write on this to flesh out the thinking, but, yea...

The TGE process is broken (post for another time), and most new tokens *are* bad, but: - 75% of last year's tech IPOs are trading below their IPO price. - "Fund managers... say their appetite for allocating capital to new issues is low." @WSJ Same story everywhere.