Decentralized Ops: Recent Episodes
Gil Hildebrand
Tara Fung is the co-founder and CEO of Co:Create. Co:Create helps successful NFT projects scale by growing, rewarding, and engaging their community.
In this episode, we talk about various business models for NFT communities and how to be successful in web3.
Key Takeaways:
- New revenue models for NFT projects not relying on royalties
- Legacy brands adapting NFT business models
- Why IP Licensing is a good way for NFTs to monetize
- Sponsorship opportunities with legacy brands
- NFT projects incorporating fungible tokens as a way to grow and engage your community
- How to prevent fraud within NFTs
- What you need to be successful with NFT business models
Where to find the host and guest:
- Follow Tara Fung on Twitter and LinkedIn and check out Co:Create
- Follow Gil Hildebrand on LinkedIn and Twitter
Where to learn more about DeOps and Gilded:
- Subscribe to the DeOps Newsletter
- Check out the Gilded Website and Blog
- Follow Gilded on Twitter and LinkedIn
The information provided on this podcast does not, and is not intended to, constitute legal, financial, or tax advice; all information, content, and materials made available by this podcast are for general informational purposes only.
Taylor Zork is the co-founder of CryptoCFOs and author of Accounting for Crypto Assets.
In this episode, Taylor shares his experience transitioning from accounting for cannabis to the world of crypto accounting and how CFOs should approach tracking crypto financials.
Key takeaways:
- Focusing on accounting theory
- Collaborating with other crypto CPAs to discuss treatment of crypto assets
- Challenges with accounting and revenue recognition for blockchain transactions
- The importance of wallet hygiene
- Being proactive instead of reactive
- Writing a book on accounting for crypto assets
- Launching a community for crypto CFOs
Where to find the host and guest:
- Follow Taylor Zork on LinkedIn and check out CryptoCFO.com
- Follow Gil Hildebrand on LinkedIn and Twitter
Where to learn more about DeOps and Gilded:
- Subscribe to the DeOps Newsletter
- Check out the Gilded Website and Blog
- Follow Gilded on Twitter and LinkedIn
The information provided on this podcast does not, and is not intended to, constitute legal, financial, or tax advice; all information, content, and materials made available by this podcast are for general informational purposes only.
Gil Hildebrand and Zach Sokolski discuss how to prepare for an NFT project. Zach is a Product Manager at Gilded who helped launch Nieux Society — an NFT project designed to bring the creative culture of the city of New Orleans to web3. Zach shares how operators should prepare and bulletproof their project for a successful drop with clear goals and financial preparation.
Key Takeaways:
- Questions that operators should ask their product and tech teams when preparing for an NFT drop
- How to ensure the creator royalty percentages are configured and the addresses those royalty payments are sent to
- How to be clear on your treasury management process
- Why royalty percentages should be paid directly to a multisig account
- Why you should automatically convert funds into dollars and send them to the respective bank accounts
- How to have a clear view of what your net revenue is once all the collaborators and partners have received their share of any royalties
Where to find the host and guest:
- Follow Zach Sokolski on LinkedIn
- Follow Gil Hildebrand on LinkedIn and Twitter
Where to learn more about Gilded and DeOps:
- Newsletter| Website | Blog | Twitter | LinkedIn
The information provided on this podcast does not, and is not intended to, constitute legal, financial, or tax advice; all information, content, and materials made available by this podcast are for general informational purposes only.
Gil Hildebrand interviews Alyssa Rambeau — a CPA and Solutions Expert at Gilded who's made it her life’s work to help organizations demystify cryptocurrency and NFTs. Alyssa shares what it takes to become a crypto CPA and how you can use legacy tools like QuickBooks to account for crypto transactions.
Key Takeaways:
- Alyssa's journey to crypto and web3 as an accounting pro
- Why the lack of operational guidance and process in crypto is a problem (and how to solve this)
- Underestimating the difficulty of understanding blockchain transactions
- Complexities behind accounting for multiple blockchains, exchanges, NFTs, and various DeFi transactions
- What to be aware of when accounting for crypto in QuickBooks
Where to find the host and guest:
- Follow Alyssa Rambeau on LinkedIn and Twitter.
- Follow Gil Hildebrand on LinkedIn and Twitter.
Where to learn more about Gilded and DeOps:
- Newsletter| Website | Blog | Twitter | LinkedIn
The information provided on this podcast does not, and is not intended to, constitute legal, financial, or tax advice; all information, content, and materials made available by this podcast are for general informational purposes only.
Operators need clarity — and better tools — to scale confidently in web3. The age of workarounds is over: it's time for Decentralized Ops. Gil Hildebrand and Farrah Ross Appleman of Gilded introduce the concept of Decentralized Ops (DeOps) and what it means for your crypto-activated business.
Key Takeaways
- Gil identified issues that crypto would one day solve long before the advent of Bitcoin. He discusses a start-up that he co-founded in 2005 that had striking similarities to what would eventually be known as web3. Years later, Gil discovered crypto and soon realized that it would change the financial infrastructure of the world.
- Early customers of Gilded have evolved from crypto-native organizations to major brands, talent agencies, and gaming companies looking to stake their claim in web3.
- Crypto isn't just an accounting problem. It touches every aspect of a business' back office. There is a greater need to design procedures and processes beyond just tracking assets. You need a complete operational strategy.
Where to find the host and guest:
- Follow Farrah Ross Appleman on LinkedIn and Twitter.
- Follow Gil Hildebrand on LinkedIn and Twitter.
Learn more about Gilded and DeOps:
- Newsletter| Website | Blog | Twitter | LinkedIn
The information provided on this podcast does not, and is not intended to, constitute legal, financial, or tax advice; all information, content, and materials made available by this podcast are for general informational purposes only.