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The Mirrortable
Send USDC from a wallet with your ENS address to the entity’s ENS address, and receive digital assets back into your wallet. These digital assets are mirror assets logged in an on-chain cap table we call the mirrortable. The primary cap table is maintained in an off-chain system like Carta for compliance purposes. And the entity periodically update... See more
balajis.com • The Mirrortable
I want to talk about one very concrete problem: the tangle of angel investing. This is an area where off-chain web2 tools like Docusign, Hellosign, Carta, and AngelList could be profitably augmented with on-chain web3 tools that have matured over the last several years — particularly the Ethereum blockchain, the USDC stablecoin, and the Ethereum Na... See more
balajis.com • The Mirrortable
The interface between fiat currency and cryptocurrency was a huge economic opportunity. Crypto exchanges are worth hundreds of billions and on pace to be worth a trillion. The interface between other pieces of the fiat system and the corresponding crypto system will be too. And one of those areas is the interface between fiat equity and crypto equi... See more