Podcast: Is Crypto Approaching Its Facebook Moment?

Former CEO of Myspace, Mike Jones shares his thoughts on the negative effects of social media, entertainment vs. utility and more.

article-image
share

In the latest episode of Blockworks’ podcast “Empire,” Jason Yanowitz, co-founder of Blockworks, is joined by Mike Jones. Mike is the CEO of Science, a studio that focuses on mobile, marketplaces and select e-commerce investments.

Mike is highly regarded in the venture capital industry, having been CEO of Myspace, investor in Dollar Shave Club and successfully overseeing $2 billion in exits.

In this episode of Empire, Mike shares his thoughts on the negative effects of social media, entertainment vs. utility, how a VC approaches investing in crypto, how Science studio has evolved and the current popularity of SPACs.

Check out what they had to say in the video below. 👇

On “Empire,” once a week, Jason interviews individuals that have built the crypto industry to talk about their struggles, bold moves and tough decisions. For any NPR or Guy Raz fans out there, you can think of “Empire” like a “How I Built This” for the bitcoin and crypto industry.

Episodes are released every Thursday morning. 

Subscribe to Empire today on Apple or Spotify. Watch episodes on YouTube.

Tags

Decoding crypto and the markets. Daily, with Byron Gilliam.

Upcoming Events

Old Billingsgate

Mon - Wed, October 13 - 15, 2025

Blockworks’ Digital Asset Summit (DAS) will feature conversations between the builders, allocators, and legislators who will shape the trajectory of the digital asset ecosystem in the US and abroad.

Industry City | Brooklyn, NY

TUES - THURS, JUNE 24 - 26, 2025

Permissionless IV serves as the definitive gathering for crypto’s technical founders, developers, and builders to come together and create the future.If you’re ready to shape the future of crypto, Permissionless IV is where it happens.

Brooklyn, NY

SUN - MON, JUN. 22 - 23, 2025

Blockworks and Cracked Labs are teaming up for the third installment of the Permissionless Hackathon, happening June 22–23, 2025 in Brooklyn, NY. This is a 36-hour IRL builder sprint where developers, designers, and creatives ship real projects solving real problems across […]

recent research

Nillion_DeSci_Report_Template.png

Research

Nillion’s Monad Integration is poised to catalyze the next phase of DeSci’s evolution by eliminating key privacy bottlenecks. This synergy allows researchers, institutions, and DAOs to exchange sensitive data and insights securely while managing governance and payments onchain.

article-image

Martin Masser wants to see more US builders using TON, though the TON Space Telegram wallet isn’t available there just yet

article-image

Sui Foundation told Blockworks it’s not currently supporting Seed, and Mysten Labs only helped Seed with its smart contracts.

article-image

Bitcoin hit this little-known milestone days before Pizza Day

article-image

Blockworks Research also thinks that net new assets (NNAs) are a metric to keep an eye on

article-image

The Republican-sponsored GENIUS Act has passed a key procedural vote in the US Senate. 

article-image

Cash enables law evasion at a small scale and crypto enables it on a large scale