The Index Podcast
June 21, 2021

CoinFund Founder Jake Brukhman on Web 3 and a Decentralized Future

CoinFund Founder Jake Brukhman on Web 3 and a Decentralized Future

Welcome to The Index podcast, hosted by Alex Kehaya! Plugin as we explore Web3 and the decentralized future with new episodes every other Wednesday. It is brought to you by The Graph.

In each episode, Alex connects with leaders and entrepreneurs on the cutting edge of developing new tools and technologies based on the ethos of Web 3.

In the first episode, we are excited to take a deep dive with Jake Brukhman, Founder and CEO of CoinFund, to dispel some misconceptions surrounding decentralized systems and the real-world value of emerging Web 3 technologies.

A self-styled technologist, Jake was always fascinated by technology, learning to code at 14. With a background in mathematics and computer science, his 10-year career in various tech sectors led him from being a quantitative engineer for hedge funds to being the CTO of a fintech startup. After being introduced to Bitcoin in 2011, Jake’s path was set toward blockchain technologies, launching CoinFund in 2015.

CoinFund is a firm that invests in venture and liquid opportunities within the blockchain sector. The company sees its mission as actively helping shape the global transition to digital assets and decentralization technology.

One of the positive changes Jake strongly believes the Web 3 revolution will deliver on the promise of a rampant and decentralized network envisioned for the early Web.

“That vision was quickly co-opted by companies like Google, Facebook, Amazon, Apple, and so on, which reverted this decentralized internet technology right back into the centralized kind of corporate world.”

In recent years, some of these giant corporations' failings, especially regarding privacy and governance, have jaded many consumers. And it also created the perception of evil global corporations operating under a massive conflict of interest.

However, Jake argues that it’s more a case of these organizations having to operate in suboptimal ways thanks to the limitations of the underlying infrastructure.

“I think one of the themes that I consistently run into in blockchain is that a lot of the behavior of companies in our world is not due to capitalism. It’s actually due to the inefficiency of the operating system upon which those companies are built. And what blockchain does is it makes that operating system efficient so that we can make great improvements in how we organize people into endeavors.”

The conversation also veers into the top 5 projects CoinFund is interested in. Among them is the Graph Protocol, also known as the “Google of Blockchains,” an indexing protocol for querying networks like Ethereum and IPFS. Jake Brukhman is an early investor in the platform and uses it as an example of how decentralized systems can work for the benefit of all participants.

Listen to Alex’s full interview with Jake Brukhman and find out what effects Web3 will have on the digital world. The Index podcast premieres on June 23 and is now available for download via AppleSpotifyGoogle, and other major streaming platforms.

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