Evan Chen (@theevanchen) profile picture
Joined September 2020
Photo by Evan Chen (@theevanchen)Photo by Evan Chen (@theevanchen)Photo by Evan Chen (@theevanchen)Photo by Evan Chen (@theevanchen)Photo by Evan Chen (@theevanchen)Photo by Evan Chen (@theevanchen)Photo by Evan Chen (@theevanchen)Photo by Evan Chen (@theevanchen)Photo by Evan Chen (@theevanchen)Photo by Evan Chen (@theevanchen)
Oh so you’re a founder? What’d you find?
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I just won $1 from @utopialabs_’s mystery box! 👀 Do you ever want to pay your international homies but Venmo doesn’t work? Difficulty with on / off ramps with stablecoins? @utopialabs_ solves this - get in here DM me for an invite
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ETH Denver launch for @utopialabs_ 👀👀 Building unique user interactions
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My favorite Humane launch video - showcasing the seamless experiences AI Pin enables It’s not just about new hardware or personal computing, it’s about removing screens to be more present in your experience without foregoing the technologies that augment our lives So exciting!
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Congratulations to @stevejang for debuting at #45 on the @Forbes Midas List! Thank you to all of the bold and brilliant companies who are building the future we at @KindredVentures want to live in. forbes.com/profile/steve-jan…
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Want to get ahead of the web3 game during the bear market to 100x when the market comes roaring back? BTC is back above $30k, ETH is back above $2k.. are you ready anon? A DeFi map and long thread to kickstart your journey or round out your knowledge 🚀🫡
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4/5 Tooling - Tooling helps bring the decentralized web together to provide smoother interfaces, dashboards, and analytics in a still daunting ecosystem.
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5/5 Security - As users operate on-chain, applications and protocols they use become a target for hackers.
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5/5 Security - As users operate on-chain, applications and protocols they use become a target for hackers.
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Audit challenges are open calls for bug discovery, where better auditors can earn money and reputation over time, and others will leave the market. Better auditors will be able to develop and defend their reputation, allowing for individuals to have careers as auditors.
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Decentralized courts establish bounty requisites and escrow funds to ensure equitable compensation for discovered bugs, as internal teams may undermine the importance of reported bugs. These models incentivize better auditing, appropriate payments, & increase protocol security.
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4/5 Tooling - Tooling helps bring the decentralized web together to provide smoother interfaces, dashboards, and analytics in a still daunting ecosystem.
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@Cryptio_co is an enterprise-grade accounting, audit, and tax platform used by companies like Metamask and Aave. It allows business to aggregate and manage assets and transactions on-chain across ecosystems and off-chain with accounting integrations like Xero & Quickbooks.
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With automated transaction labeling and reconciliation, web3 companies can holistically manage their financials while remaining GAAP and IFRS compliant.
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🧮 Tax Management: Tax management platforms help quantify tax impacts of operating on-chain transactions. These tools aim to aggregate anything considered a taxable event including sales, airdrops, forks, and staking rewards to then consolidate them into tax documents.
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However, there are still some gray areas around tax classifications and reporting depending on jurisdictions that these tools may not specifically provide guidance on. Thus, it’ll be prudent to use these tools alongside a tax professional familiar with cryptoassets in tandem.
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📊 Wallet Dashboards: As you build up a portfolio of assets across protocols and chains, there arises a need to aggregate everything to get a better view of performance, identify points of action, and gain a more holistic view of risks and exposure.
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Wallet dashboards aggregate data across chains by wallet or user, often including values from staked balances, claimable rewards, and NFTs. However, dashboards usually focus on a small subset of ecosystems that are related or interoperable rather than across all available chains.
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