Piano Lessons: Harneys launches digital assets focussed video series

In this brand new series, BVI Partner Phil Graham and Cayman Islands Senior Associate Marc Piano are here to demystify the digital asset space, and share their experiences and perspectives on everything crypto, blockchain, web3, and tech. In this episode, Phil and Marc talk crypto winters and Avalanche warnings, DAOs (or should we say ADOs?) and more.

Key takeaways

• The Cryptoleaks website has published allegations of blockchain platform Avalanche having weaponised law to take attack other market participants. This shows that any bad behaviour – whether the allegations are true or not - will eventually come to light due to the high levels of scrutiny by regulators, market participants and watchers, and governing bodies.
• The colloquial use of “DAO” may indeed be a misnomer – most of DAOs aren’t truly autonomous, but are aspiring towards it.
• Despite the commentary of a current crypto winter, the industry is busier than ever. Unlike the previous crypto winters, builders are focussing on innovative offerings with a sustainable offering. This is not a cash grab – it’s an adoption of the technology with a genuine use case, attracting financing and solidifying that this technology is here to stay.

Marc Piano is no longer with Harneys. He now works at Horizons Global, an H3 verified service provider.