What Is “Bankless” And Who Are Ryan Sean Adams And David Hoffman?

Bankless on YouTube.
Courtesy of the Bankless YouTube channel.


What Is Bankless?

Bankless is an online content studio focused on cryptocurrency market analysis and investment strategies. It is co-owned by cryptocurrency investors Ryan Sean Adams and David Hoffman.


Who is Ryan Sean Adams?

Ryan Sean Adams on LinkedIn.
Courtesy of Adam’s LinkedIn profile.


Ryan Sean Adams’s LinkedIn profile states that he graduated from Brock University with honors with a BA in Business Administration.

From May 2003 to March 2009, Adams served as the Vice President & Principal of Vivus Software – a regional technology consulting and human capital management company.

From March 2009 to February 2010, Adams served as the CEO of Intalgent – system development and management organization.

From February 2010 to February 2014, Adams held the position of Vice President of Sales at healthcare startup Meddius.

From March 2014 to November 2017, Adams worked at healthcare improvement company Premier Inc as Senior Director, Foundations, and as Vice President, Integrated Platform & Analytics.

In November 2017, Adams founded digital asset investment company Mythos Capital.

Ryan Sean Adams is present on Twitter.


Ryan Sean Adams net worth

The net worth of Ryan Sean Adams is unknown, but Social Blade provides estimates of the YouTube AdSense earnings of Bankless. As of the time of this writing, Social Blade estimates that the channel earns up to $1,600 monthly and up to $19,400 annually. The estimates are based on a CPM (cost per mille) range of $0.25-$4.00.


Who is David Hoffman?

David Hoffman on LinkedIn.
Courtesy of Hoffman’s LinkedIn profile.


David Hoffman’s LinkedIn profile states that he graduated from Chapman University with a BA in Psychology in 2015.

From May to August 2018, Hoffman served as a Blockchain Researcher at blockchain advisory company New Alchemy. Hoffman performed blockchain research at Bunker Capital from August 2018 to June 2019. From November 2018 to September 2020, Hoffman served as Chief of Operations at RealT – a platform for tokenizing real estate.

Since September 2020, Hoffman has been a co-owner of Bankless.

David Hoffman is present on Twitter.


David Hoffman net worth

David Hoffman’s net worth was unknown as of the time of this writing.

However, on a tangential note, the total value locked in “defi” protocols since the start of the Bankless YouTube channel has grown by over 50x.


The Bankless Newsletter

The Bankless newsletter offers weekly emails with cryptocurrency investment strategies, tactics, and investment opportunity overviews.

The newsletter has two membership levels – free and paid. The free level only includes occasional posts, while the paid membership incorporates tactics and market analysis, among other things. The full newsletter costs $22 per month.

Bankless Newsletter subscription tiers.
Courtesy of Banklesshq.com.


The newsletter follows the so-called Skill Cube Framework, which is a model for the cryptocurrency money system and a map of the skills members need to develop.

The Skill Cube Framework.
Courtesy of newsletter.Banklesshq.com.


Bankless On YouTube

The studio’s YouTube channel was created in February 2020. The first video on the channel introduced viewers to the studio.

This video’s description reads:

Bankless is a podcast about leveraging the revolution in Internet money and internet finance to benefit you as an individual.

. . .

Bankless is all about replacing the traditional financial system with internet protocols for money and finance. Ryan and David are here to discuss how these protocols work, how they benefit the individual, and how the world may come to adopt and use these systems as they have the internet.

The studio covers trends and news in the cryptocurrency and DeFi industries. Authors also share their vision of how the industry will progress.

As of the time of this writing, the Bankless YouTube channel had over 139,000 subscribers and over 6 million total video views.


The Bankless Podcast

The Bankless podcast is available at podcast.banklesshq.com. New podcast episodes are typically released several times a week, and their topics match what is covered in the newsletter and the YouTube channel.


Bankless DAO

The homepage of Bankless DAO.
Courtesy of Bankless.community.


The launch of Bankless DAO (Decentralized Autonomous Organization) was announced on Medium on May 4, 2021. Among other things, the announcement reads:

Bankless DAO is a decentralized community to coordinate and propagate bankless media, culture, and education. It’s goal is to drive adoption and awareness of truely bankless money systems like Ethereum, DeFi, and Bitcoin.

. . .

The Bankless DAO will act as a coordination mechanism for a collection of participating media nodes. Participants can range from individuals acting on their own behalf, or larger entities with employees and resources. Bankless DAO will coordinate them all in order to achieve its mission.

The announcement article then adds that a governance token called BANK will facilitate the platform’s coordination. At genesis, BANK had a total supply of 1 billion and was distributed as follows:

BANK token distribution at genesis.
Courtesy of Medium.com.


The article states that BANK is a valueless token that represents participation in the community.

In a June 4, 2021, post, David Hoffman stated that organizations like Bankless DAO will change the employment landscape and accelerate the switch of humanity to digital, internet-based work.




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