Thomas Scott’s Post

I started my Web3 career with a mission: Use blockchain to build real-world utility. This was at the heart of Megavrse’s evolution to IOPn. I want blockchain, Web3 and crypto to fulfill their original purpose – which is to make life in the real and virtual worlds fulfilling, inclusive and rewarding. Blockchain is already being used to transform various ‘traditional’ industries like finance, law, business and others, but there’s still a lot of untapped potential for the technology. To realize this potential and extend the technology’s applications, we need to encourage more blockchain and Web3 innovation, by designing spaces that help innovators succeed. That’s what IOPn is to me – A community of entrepreneurs, innovators, and tech enthusiasts who can find opportunities, connections and the support they need to develop their ideas and ventures. It was always my dream to give this community stability and growth offline, so that they would have a solid foundation to work from. Our new Golden Visa program with RAK Digital Assets Oasis (RAK DAO) does exactly this. Through the Web3 Entrepreneur Program, entrepreneurs can establish and expand their startups through a 3-year RAK DAO business license. This long-term residency is the assurance that innovators can continue to develop and build on their ideas – And enjoy full regulatory and legal support throughout. If you’re a Web3 entrepreneur looking for a formalized ecosystem and holistic support, head to the link in the comments or send me a DM. #Web3 #BusinessGrowth #DigitalTransformation

From Bar Crawl to #Blockchain: The Friendship That Built Intu 🛠️👨🚀 When my co-founder Steven and I first met, we weren't at a networking event or a startup incubator. Nope, we were dressed to the nines on a double-decker bus, participating in a bar crawl called "Suit Sunday." It's not your typical origin story, but hey, when you're building something as unconventional as a #Web3 infrastructure company, you've got to start somewhere, right? It all began when a mutual friend introduced us on the rooftop of that bus, mentioning that we were both 'into crypto'. We got to talking, and even though we were just neighbors at the time, we quickly realized that we shared a passion for the potential of blockchain technology and a vision for making it more accessible to developers and users alike. Fast forward a bit, and that chance meeting turned into a friendship that eventually led us to co-found Intu. We wanted to create a toolkit that would make it easier and more affordable for devs to onboard users into the world of Web3, and we knew we had the skills and the drive to make it happen.Looking back, it's wild to think that it all started with a few drinks and a conversation on a bus. But that's the thing about the startup world—you never know where your next big idea or partnership will come from. For us, it was a bar crawl and a shared love of all things #crypto. So, if there's a lesson to be learned from our story, it's this: keep an open mind, follow your passions, and don't be afraid to chat up strangers on bus rooftops. Because sometimes, the wildest beginnings can lead to the most incredible journeys. And that's definitely been the case for us at Intu. - James

The Future of Tech is HERE! 🌐💡 Are you ready to dive into the explosive intersection of Web3 and AI? Join in as we hear straight from the top founders and funders who are shaping the industry with their groundbreaking innovations and visionary insights! 🔥 Discover cutting-edge go-to-market strategies for Web3 x AI, learn how to protect your valuable data in a decentralized world, and find out where smart investors are putting their money in this rapidly evolving and innovative space. 📈🔒💡 👥 Meet the Experts: William Patterson, Managing Partner, Third Earth Capital Gil Rosen, President | Managing Partner, Blockchain Builders Fund Sharon O'Sullivan, Angel Investor, LP Leonis Capital Brady G., CEO & Co-Founder, Bonzo Finance Damodar(DB) Bihani, Investment Associate, Delta Blockchain Fund 🙏 Thank you to our sponsors and co-hosts! Sponsor: Hedera - Open-source, leaderless proof-of-stake public ledger. Co-Hosts: Draper University-Transformational pro-business and entrepreneurship training. Yorkseed- Global venture community connecting founders and investors. Host: Orbis86- Pioneering Gaming as a Service for Web3 Communities. 👉 Watch the full video here: https://lnkd.in/ebyXtyMw Stay ahead of the curve and be part of the revolution transforming our world through Web3 and AI! #Web3 #Blockchain #FutureOfTech #InvestingInTech #TechNews #AI #TechTrends #InnovativeTech #TechIndustry #DataSecurity #StartupSuccess #TechCommunity #FutureTech #TechTalks #TechUpdates

Why Web3 During a Bull Market is Crucial for Maximum Growth The **bull market** is more than just a time of rising prices—it's the moment when **Web3 truly shines as an industry magnet**. Here's why focusing on Web3 growth during these market conditions is essential: 1️⃣ Increased Attention and Adoption Bull markets attract not only seasoned investors but also curious newcomers and skeptics. Rising prices spark conversations, driving more people to explore blockchain, DeFi, NFTs, and the metaverse. This surge in interest creates an unparalleled opportunity to onboard users and educate them about the transformative power of Web3. 2️⃣ Easier Funding and Scalability: Bullish sentiment attracts venture capital and accelerates project development. With more liquidity and enthusiasm, Web3 startups can secure funding, scale quickly, and refine their offerings for mainstream adoption. 3️⃣ Network Effects at Their Peak: A larger user base means stronger network effects. Bull markets act as a flywheel for communities, creating buzz around ecosystems and driving the growth of protocols, marketplaces, and DAOs. 4️⃣ Building Resilience for Bear Markets: The groundwork laid during a bull market ensures Web3 projects can weather bear market downturns. By onboarding users, creating partnerships, and securing funding now, projects are better equipped to innovate and remain sustainable when the market cools. Why It Matters: Web3 isn’t just about riding market waves—it's about building a decentralised, inclusive future. Bull markets amplify momentum, helping us bridge the gap between niche interest and mass adoption. If you're in Web3, the time to act is now. Let’s leverage the bull market to **educate, innovate, and onboard the next generation of Web3 users.** #Web3 #BullMarket #Growth #Blockchain #Crypto #Innovation #FutureOfWork #Decentralization

The Yuga Labs, value accrual business model, provides a baseline example of a successful for-profit CRYPTOART (digital art on the blockchain) organisation. Is this a USA-specific once-off, or is Yuga's success based on sustainable Web3 foundations that can inform start-ups in other parts of the globe?  https://lnkd.in/dV6uQ2kZ

Exciting News: Lisk User Mainnet Goes Live & Airdrop Announced! Today marks a milestone for Lisk as we proudly announce two major developments: 1️⃣ Our User Mainnet is officially live 2️⃣ The much-anticipated Lisk Airdrop is here 𝐎𝐮𝐫 𝐔𝐬𝐞𝐫 𝐌𝐚𝐢𝐧𝐧𝐞𝐭 At Lisk, our mission has always been clear: to make blockchain technology accessible and impactful. We've taken significant steps to achieve this: • First L1 to transition to an L2 within the Ethereum ecosystem using Gelato • Joined the OP Superchain alongside Optimism Unlimited and Base • Focused on high-growth markets in South East Asia and Africa We've curated a powerful ecosystem of partners to support builders, including: • Circle • Rarible • LayerZero Labs • Rainbow • Fireblocks • Across Protocol Our on-the-ground partners are driving innovation through accelerators, incubator programs, and upcoming builder hubs. These include AngelHack, AyaHQ (Techstars '23), CV Labs, KEY Difference, and Gerakan Nasional 1000 Startup Digital. 𝐓𝐡𝐞 𝐋𝐢𝐬𝐤 𝐀𝐢𝐫𝐝𝐫𝐨𝐩 𝐂𝐚𝐦𝐩𝐚𝐢𝐠𝐧 Mark your calendars for November 21st! We're distributing up to 15 million LSK tokens to builders, creators, and blockchain enthusiasts. How to participate: • Complete tasks to earn points • Engage with our partners for immediate rewards • Reach milestones in our App Bounty Quest Partners include OKU, Ionic Protocol, CREO ENGINE, Angle Protocol, Soccersm, and . Lisk of Life NFT holders: You'll receive extra points! This launch marks a new era for Lisk, and we're just getting started. Whether you're a seasoned developer or new to blockchain, we invite you to join us in building the future of decentralized applications. Ready to dive in? Visit our blog for more details on the User Mainnet launch and the upcoming Airdrop campaign. https://lnkd.in/ez2ugG-x #Lisk #Blockchain #Web3 #Airdrop #UserMainnet

🌟 Yesterday, I had the privilege to volunteer at Chicago Web3Con, hosted at the 1871 Office in the Merchandise Plaza building. It marked the culmination of Chicago AI Week, and I must say, the experience was truly enlightening. The day kicked off with insightful talks by experts like Xiaochen Z. , Stephanie Miller and Arry Y. who provided deep insights into the world of Web3. It was fascinating to learn about the potential of decentralized technologies and the exciting possibilities they offer for the future. Later in the day, the "Web3 Entrepreneurship and Investing" panel chaired by Gabby Snedeker, Kathy Tong, Nelson Rosario and Xiaochen Z. delved into discussions about startup opportunities and investment strategies in the Web3 space. The panelists shared valuable insights that sparked new ideas and perspectives. One of the highlights was the session on "Tokenization: The Future of Digital Asset Investment," chaired by Oscar Jofre Jr., Damu Winston, MBA, PMP and Xiaochen Z. explored how blockchain can revolutionize traditional asset ownership(like real estate)and discussed the shortcomings of current methods. I am incredibly grateful to Xiaochen Z. and the organizers for putting together such an insightful event. It was a day filled with learning, networking, and inspiration. Looking forward to applying these learnings and exploring further in the exciting realm of Web3! #ChicagoWeb3Con #Web3 #Blockchain #AIWeek #DigitalTransformation

I’m proud to announce the launch of my new venture, Forgd.com 🚀 — a free-to-use platform designed to streamline tokenomics design, liquidity monitoring, cap table management, financial planning, and legal support for #Web3 builders. Forgd is a public good accessible to every blockchain entrepreneur, but my motivation for building the platform was anything but altruistic… As an active angel investor, I’ve seen too many brilliant Web3 teams struggle with the specialized capital markets activities required to launch, scale, and operate a “publicly traded” company. The typical solution—hiring expensive consultants and juggling multiple third party service providers—often led to wasted resources and distracted founders. During touchpoints with founders, I found myself increasingly frustrated with the current state of the Web3 advisory & services industry. My portfolio companies were burning tons of startup capital and product innovators were forced to become project managers just to keep their advisors aligned. In response, I started creating tools, guides, and models intended to make these essential tasks more manageable and less costly. I wanted my portfolio companies to focus on BUILDING rather than dealing with the esoteric tasks involved in a token launch. What began as a side project to optimize my investment ROI eventually evolved into Forgd.com: a radical reimagining of how advisory services should work in blockchain. We’re tearing down the paywalls that gatekeep vital resources, offering everything for free to ensure no blockchain project is at a disadvantage. Think of Forgd as Carta + Clerky + Investment Banking Services for #Web3! Already, over 250 blockchain projects have utilized Forgd’s tools during our private beta, and their success fuels our commitment to continue innovating and expanding our offerings. Forgd is more than a platform—it’s a movement to democratize access to critical tools and redefine success in the blockchain ecosystem. Join us in reshaping the future of blockchain. Explore Forgd.com to see how we’re making a difference, and let’s connect to push the boundaries of what’s possible in Web3. #Web3 #Blockchain #Innovation https://lnkd.in/e9AxVMMY

It’s really exciting when you FINALLY find your home within a group of people….. You know when you just KNOW they are truly solid and will have your back, no matter what. The ride or die sorta peeps. You feel me?? About a year ago now, I was introduced to the opportunity to be part of something bigger and better than I could have expected in my wildest dreams. A community of likeminded, passionate and committed entrepreneurs with real integrity who value honesty and giving back just as much as making money. The chance to be part of the most exclusive membership on the blockchain and even better - become one of a few founding members world widez We monetize the blockchain like a VC!! The real punch comes with what the community offers its members: ACCESS! ✔️ Access to pre-seed level angel investing in blockchain and web3 startups ✔️ Access to our 100% decentralized bankless software ✔️ Access to our Tokenizing fund which is launching tokenizing RWAs (real world assets like real estate) ✔️ Access to world class education in our weekly newsletter with the insider scoop on the real state of the world ✔️ Access to connection with top level entrepreneurs and investors from all over the world with in-person meetups bi-annually and virtual meetings monthly ✔️ Access to proprietary technology and white labelled solutions for real world problems with B2B and B2C options The list is endless. So is the potential!! Right now we are looking for the RIGHT people to fill our 10,000 annual memberships and when they are gone, they will NEVER be available again. We don’t call it the most EXCLUSIVE membership on the blockchain for no reason!! If you want to learn more, join us for a live webinar Thu night 8pm presented by one of our amazing co-founders. The call is available in AUS / UK / US time zones in 3 separate calls so regardless of where you are in the world, we have an option to suit you! Comment below or get in touch with me to reserve your place on the call. My inbox is always open!! 😜 #Exclusive #ImpactInvesting #blockchain #web3 #techstartup #webinar #opportunityknocks

Decoding ICOs 🤓 ! Ever wondered how startups today are shaking up the world of fundraising? Let's unravel the mystery of ICOs using some fun analogies that everyone can relate to! 1. Utility Tokens - The VIP Passes Think of utility tokens as VIP passes to the hottest party in town. You're not just getting a token; you're getting a ticket to an exclusive experience. Like snagging a ticket to a concert months before it sells out, buying utility tokens grants you future access to a startup's groundbreaking service. Remember "Filecoin"? It's like buying a VIP pass to their decentralized cloud storage party! 2. Security Tokens - The Golden Tickets Ever dreamt of finding Willy Wonka's golden ticket? Security tokens are the golden tickets of the crypto world! They're your share in the chocolate factory, or in this case, a company's success. These tokens are like owning a piece of the pie; if the company thrives, so does your investment. An example is Overstock.com's tZERO is handing out these golden tickets, offering tokens that are as valuable as a dividend-filled chocolate bar! The ICO Revolution ICO isn't just a buzzword; it's a revolution! As startups ditch the old fundraising playbook, ICOs are becoming the new rockstars of finance. Overstock's foray into ICOs? Just the opening act of a grand show where mainstream companies might soon take center stage. So, whether you're after a VIP experience with utility tokens or hunting for golden tickets with security tokens, ICOs are your backstage pass to the future of finance! Ready to join the party?   #ICO #Blockchain #Cryptocurrency #FutureOfFinance