Ownership S1 E4: Chris (Loyal)
In this episode of Ownership, Chris, founder of Loyal, joins 8bitpenis to discuss the chaotic reality of communication in crypto.
Most teams coordinate through Telegram, but the platform was never designed for managing large volumes of sensitive information. Loyal is building a privacy-first layer that helps knowledge workers in crypto navigate conversations, extract insights, and maintain confidentiality.
Chris explains how the team approached fundraising through MetaDAO, why they avoided traditional VC funding, and what building privacy infrastructure means in a post–Tornado Cash world.
The episode also touches on lessons from Umbra, Avici, and Squads, and why tools for crypto knowledge workers remain one of the most overlooked opportunities in the industry.
Follow on X: Host — https://x.com/8bitpenis Guest, Chris — https://x.com/candyflipline Loyal — https://x.com/loyal_hq Produced by — https://x.com/BlockformerLLC
Ownership S1 E4: Chris (Loyal)
More from Ownership
Ownership Podcast S1 E8: Arad (Lightcone)
Arad, founder of Lightcone, makes the case for impact markets — permissionless decision markets that don't require the questions or assets to be ones you control. We cover Polymarket's origins as an "information markets" platform, why futarchy fails when proposals lack information, the two-universe mental model behind Lightcone's settlement, and why Arad believes the Oracle problem in prediction markets is really a market definition problem. Closing on insider trading across market types, why Lightcone is launching on Solana, and the political backlash he expects when election impact markets ship. Arad: https://x.com/aradtski Lightcone: https://x.com/lightconexyz Sponsored by MetaDAO and Umbra.
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.