Placeholder VC’s Chris Burniske recently appeared on a podcast with Raoul Paul. The VC executive believes that everything in the crypto space will eventually be benchmarked to Ethereum. Chris Burniske, a partner at venture capital firm Placeholder, recently appeared on a Real Vision podcast with Raoul Paul. The podcast revolved around valuation techniques of cryptocurrencies, […]
The VC executive believes that everything in the crypto space will eventually be benchmarked to Ethereum.with Raoul Paul. The podcast revolved around valuation techniques of cryptocurrencies, Ethereum and Solana in particular.Raoul Paul started the podcast by proposing that the whole crypto space be benchmarked against ETH just like all credit markets are benchmarked against U.S. Treasuries.
The Placeholder executive agreed that everything will be benchmarked against the world’s second-latest crypto as long as it maintains its dominance in this space. He stated that Ethereum and Solana’s appeal was much more than that of Polkadot and Cosmos, despite the latter’s technical advantages.“[Polkadot] is still a top-20 network, and I don’t think it goes away, but it’s important for people to pay attention to the differences in crypto asset design and use, because that’s a big one. That’s where I see ETH and SOL as quite similar, and some of the other designs.
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