1/ Reminder for U.S. dems (& in Chi @SenatorDurbin & @TammyDuckworth): crypto is building a more inclusive financial system. Historically, we have excluded certain people from participating in financial products, services, & markets based on wealth instead of ensuring that...
Colleen Sullivan
1,958 posts
It's All a Game | Co-Head Venture Brevan Howard Digital
running north on damen. fast.
Joined February 2009
- While I'm at it, Warren ran on a platform that focused on the wealth gap in America & a desire to "rebuild the middle class and invest in an America that works for all of us." Warren used statistics like "the tippy-top 0.1% of Americans own 20% of all the wealth in America" &
- 1. I wrote an essay re: the intersection of web3 & games. It's intended for anyone who enjoys games & is curious how web3 may impact the gaming industry. The essay is written in a modular fashion so folks can skip around & read the sections that are of most interest.
- 1/ By 2025, there will be 2b Gen Alphas, the largest generation ever. 385k Gen Alphas are born each day, fully digital native. They will never use a physical wallet. They will never set an analog alarm clock. They will never put film in a camera. They will all use crypto.
- 1/3 For those following the SEC NFT enforcement actions, note that Roblox recently added a scarcity mechanism called "Limiteds" to its Creator Marketplace. Creators receive a 10% royalty each time an item is resold & 80% of resold items sell for more than their original cost...
- 1/ A very, very LONG thread on how we bring the crypto creator economy to life so maybe the U.S. dems will finally get it, but let's start w/ the wise words of @SnoopDogg to help highlight the problem
- 1/3 I used to get upset when I read tweets like these & I would fire off an email & request a meeting. Now I’m just numb; this is what I expect. It’s time to learn the truth re: @SenatorDurbin, who - despite 5 senate terms - continues to fail the citizens he representsIt’s time to learn the truth about crypto. Let’s start with the obscene amounts of electricity needed to mine Bitcoin and other cryptocurrencies. Families and businesses in America will pay the price for crypto’s mining ventures.
- FATF delayed finalizing its "Draft Updated Guidance," which - as drafted - was problematic for DeFi, until 10/21. Good news, but battle far from over, & many thx to those working so hard behind the scenes @RebeccaRettig1 @jchervinsky @ammori @millercwl @boironattorney
- Replying to @colleenkleinWhat Warren, etc. continually miss is that decentralized networks / crypto projects have innovative applications that extend well beyond financial services. We're seeing that innovation today through the development of creator, social, art, and gaming crypto networks & NFTs
- 1/ Welcome to Part 2 of 3 of our predictions! Today we cover NFTs & brands! The general rule w/ brands is that they’re cool until they aren’t. The next generation comes up, there’s a cultural shift, & the brand no longer represents the interests of that generation
- Replying to @colleenkleinYes, taxing the ultra-rich is one way to help mitigate the absolutely horrendous wealth gap in the United States, but there is another path forward and that is through crypto economic systems where users become owners and have an opportunity to build not income but wealth
- A lot of poor legal summaries / views out there right now on the US reg environment. Highly recommend following: @jchervinsky, @lex_node, @NYcryptolawyer, @boironattorney, @collins_belton, @mtcoppel, & @RebeccaRettig1 & on RIA QC, best take I've seen is from @jlb410
- 1/7 Here we go! I've been laser focused the last few months building the investments team at BH Digital (@BHDigitalAssets) & I couldn't be happier w/ the powerhouse team we’re assembling!Some personal news – I am thrilled to announce that after 9 years at Jump, I will be joining the BH Digital team (@BHDigitalAssets), where I will co-lead private investments with Colleen Sullivan (@colleenklein).
- Replying to @colleenkleinThese networks empower everyday people to build wealth by becoming owners, operators, and participants. People from underserved communities are often the most popular creators on platforms like Spotify, Instagram, Snapchat, and TikTok, but they sure don't get paid like it




