Episode 11: Investing in ReFi with Kristin

ReFi Podcast

Apr 5 2022 • 1 hr 6 mins

On episode 11 of ReFi Podcast we chat with Kristin McDonald, from Eniac Ventures. We touch on the dynamics of moving the carbon market on-chain, the emerging trends in that space, and we take a look beyond carbon, and the future of valuing, and tokenizing biodiversity.. Some of the topics we jump into: 00:00 Intro 02:35 "My original a-ha moment with crypto..." 04:40 Is Web2 following the trend of financialilzation of natural resources? Or just Web3? 06:00 Rewarding work in Web2 is really hard.. 07:28 What was the focus on your studies on the path to where you are now? 08:49 "efficient capital allocation is a really , really powerful tool..How do we incentivize behavior that is beneficial for everyone?.." 12:14 What's the stumbling block for mass adoption of climate tech in Web3? "Cultural clash..need to bridge communities of traditional climate space and Web3 space.." 17:00 Climate community response to all the recent new protocols and innovations? 19:00 "Cambrian explosion of new projects has validated opinion of this is a waste of energy..increased fragmentation.." 20:41 What do you see as the first leverage point for mass adoption? "seeing traditional companies buying on-chain carbon.." 25:08 Thoughts on the emerging on-chain carbon market?  30:57 You're understanding of science around net zero?  "There's a difference between decabonizing and net zero.." 36:02 2030 2040 targets, how do they affect your work as a VC? 37:27 What's exciting you about deploying capital?  39:27 Do you see the market pushing beyond carbon? 40:43 "Climate change is so urgent, we have this myopic focus on reducing emissions..simple narrative.."  41:15 Cambrian explosion within ReFi movement  44:20 "The level of collaboration within ReFi is just wild and unprecedented.."  44:45 How do you approach valuing protocols, web3 ventures?  47:07 factors for founders to consider when trying to raise a seed round of investment?  49:26 Is venture capitalism becoming more collaborative outside of Web3?  51:12 What do you see happening beyond carbon?  54:09 "glimmers of hope of new innovation to tackle MRV problems..Drones..LIDAR.."   56:50 Prioritizing/maximizing carbon pulldown or biodiversity 01:02:30 Any specific companies you've come across taking a look at the climate challenges?  01:05:15 How can people connect with you?  Follow Kristin and check out Eniac Ventures: https://twitter.com/KristinEIise https://twitter.com/eniacvc -------------------------------------------- Join the conversation on Twitter, follow https://twitter.com/ReFiDAOist https://twitter.com/climateXcrypto https://twitter.com/johnx25bd --- Send in a voice message: https://podcasters.spotify.com/pod/show/refipodcast/message