Staking
topic on 3 shows · 7 statements across 6 episodes
Capital Allocators 
the MAD Podcast 
the a16z Podcast
7 statements about Staking, every show
Craib: Numerai pioneered cryptocurrency staking back in 2017
“And that mechanism is something we pioneered back in 2017, long before most people had heard about staking.”
Craib: Requiring financial stakes forced contributors to submit their best models
“The biggest one was cracking staking. I mean, we had a period where, yes, we were getting a lot of people submitting models, but we couldn't trust them. We couldn't trust that they would keep working out of sample. We didn't even know who the people were, but …”
Bozman: Controlling primary token sales positions platforms upstream of wallets
“The vision always was, if you start with like the primary offering, you're kind of like upstream from everyone else. So for example, once you do the token sale, where are those tokens going to go? You're actually ahead of any other wallet. It's much easier for…”
Monica: Crypto lending, brokerage, and staking require controlling the custody stack
“The same way that I mentioned that you can't do lending if you don't own the custody stack, and you can't do brokerage if you don't own the settlement custody stack, you can't do staking, because staking comes from the same private key, same password that owns…”
Craib: Token staking serves to measure data scientist confidence in model generalization
“The whole point of staking is to get an assessment of how much they believe their model will Generalize.”
Wilson: Crypto tokens will drive massive innovation in staking and governance
“I think that we're gonna see a lot of really innovative things being done with staking, because I think crypto tokens make staking super easy to do, and there are, like, I think Richard's idea is that if I can get data scientists to stake their models, to put …”