In this episode, Michael Anderson of Framework Ventures joins Patrick Stanley of Blockstack PBC to discuss how investing in open protocols is a unique challenge and how Framework has adjusted the typical VC model to account for it. Later, they get into how staking and similar action are being used as a mechanism to bootstrap network growth and how we might approach solving the 'free-rider problem'.

• Michael Anderson
• Framework Ventures
• Patrick Stanley
• Blockstack

A thesis-driven venture firm that builds alongside our founders. We partner with founders and teams to build token-based networks and develop the requisite cryptoeconomics, governance, and community to scale. Blockchain technology enables permissionless innovation that fundamentally reshapes consumer and enterprise web business models.