Ownership S1 E1: Anas (FlashTrade)
In this episode of Ownership, 8bitpenis sits down with Anas from FlashTrade to unpack one of the most interesting experiments in crypto governance — the transition from futarchy to ownership coins.
They cover how Flash bootstrapped without venture capital, funded early growth through NFTs, and why they rejected the traditional VC route entirely. The conversation dives deep into futarchy vs token governance, revenue sharing as a growth strategy, and why tokens should be treated as products.
They also explore the evolving perps landscape post-Hyperliquid, what it takes to scale high-performance DeFi on Solana, and a breakdown of Flash’s FLP model.
Follow the conversation on X: Host — https://x.com/8bitpenisGuest (Anas) — https://x.com/allinbitcoin_FlashTrade — https://x.com/FlashTradeProduction — https://x.com/BlockformerLLC Powered by — https://x.com/MetaDAOProject
Ownership S1 E1: Anas (FlashTrade)
More from Ownership
Ownership Podcast S1 E7: Proph3t (MetaDAO)
Proph3t, founder of MetaDAO, breaks down futarchy from first principles — a governance system where prediction markets, not token holders, decide what a protocol does. The conversation moves fast: from the origin story of MetaDAO to ownership coins, liquidating failing projects as a feature, insider trading risks in onchain governance, and buybacks as value accrual. Then it zooms out — Proph3t's actual goal is to apply futarchy beyond crypto, to corporations and eventually governments. If you've ever lost money to a rug and wondered if there's a structural fix, this episode is it. Sponsored by MetaDAO. Hosted by 8bitpenis. Produced by Blockformer.
Ownership Podcast S1 E6: Maushish (Paystream)
Maushish, founder of Paystream, comes back 5 months after raising $750K through MetaDAO to give a honest account of what building post-raise actually looks like. He covers his early skepticism about futarchy, how the Omnipair and Umbra raises convinced him, what the Ranger liquidation proved about the mechanism, and why Paystream has since pivoted from LPing to funding rate arbitrage on perps. The back half of the conversation gets technical — how funding rate arb works, why most opportunities are under $20K, how Paystream's auto-close mechanism protects principal, and what the path to sustainability looks like before the treasury runs dry. A rare episode that skips the pitch and goes straight to the reality of building inside the MetaDAO ecosystem. Hosted by 8bitpenis. Sponsored by MetaDAO. Produced by Blockformer.
Ownership Podcast S1 E5: Sheldon (P2P.me)
Sheldon from P2P joins 8bitpenis to explain why a startup backed by Multicoin and Coinbase Ventures chose MetaDAO over another VC round. The answer is about regulatory survival. P2P operates in India, Brazil, Argentina, and Indonesia — markets without clear regulatory frameworks for crypto on/off ramps. Decentralizing ownership to 50,000+ token holders across 50 countries isn't ideological. It's structural protection. The conversation covers how P2P actually works (USDC settlement over UPI, Pix, and PromptPay in under 90 seconds), how they prevent fraud with zkKYC and an AI fraud engine, how the spread-based revenue model works market by market, and what the Circles of Trust token model means for global expansion. If you've wondered why stablecoins were built for emerging markets and not the US — this episode explains it clearly. Hosted by 8bitpenis. Produced by Blockformer. Sponsored by MetaDAO.