Brian Koralewski is the founder of Austere Capital Advisory LLC, a digital asset derivative consulting firm headquartered in New York City. He is a former Economics Professor as well as co-founder of Digital Asset Research, the first institutional research firm within the crypto asset space. He started Austere Capital while…

A teenage boy rides up to a lone traffic light before a dark forest, which overlooks nuclear power plant stacks in the distance. He wears a yellow raincoat. Wistful, surreal strings play lightly in the background, before slowly increasing in speed and intensity. The boy stares intently at the nuclear…

Hi all — if you missed it, I’ve been posting videos on YouTube on my analysis of the CV-19 pandemic. These videos contain a basic prediction model on when the daily case count in New York City should hit zero — originally, and giving an extra 4–5 day lag over…

As the CDC numbers are completely unreliable and severely lagging, I will solely use New York City’s health department numbers as well as New York State’s health site numbers. Why New York? It has undeniably become the epicenter of the virus, with over 40% of new cases across the country…

Daniel Gorfine — Chief Innovation Officer and Director of LabCFTC — released a piece this week that attempts to value Bitcoin (BTC) as a fiat currency such as the USD, EUR, GBP, and JPY. …

(Why Your “Stable” Coin Ain’t Stable) — Crypto = Dutch Tulips Still While attending a panel at a crypto event recently in New York, we were asked at what stage we each thought the crypto evolution to be in. This question gets thrown around a lot — all the time to be exact. It’s quite simple to…

Decentralized networks ala cryptocurrencies are all the rage nowadays — yet their real-world practicality remains severely limited if nonexistent. Having recently assisted a substantial e-commerce platform in integrating a “tokenized network”, in this piece we’ll explore how such a network is practical for existing digital enterprises who wish to increase…

I recently was consulted to devise a token-economic incentive structure for a “decentralized Yelp” — i.e. a decentralized restaurant review service, where users write reviews of restaurants and these reviews are then rated (via likes/dislikes) by other users. Restaurants can also use the platform to advertise selectively. The main challenge…

Authors: Anshuman Mehta and Brian Koralewski, General Partners, Austere Capital The authors are principals of Austere Capital, a fundamentals-based hedge fund and venture capital firm. Request our previous research here. The central thesis running through the crypto-currency space is an unhealthy obsession with supply-side scarcity. The ultimate goal of creating…