How do web3's biggest brands scale their operations?
From accounting to payments, financial reporting, and treasury management, join Gil Hildebrand as he speaks with industry leaders to discuss the tools and best practices you can put in place to prepare your organization for growth.
Hosted by Gil Hildebrand, CEO of Gilded
Newsletter - https://deops.substack.com/
Blog - https://blog.gilded.finance/
LinkedIn - https://linkedin.com/in/gilhildebrand
Twitter - https://twitter.com/giltotherescue
8. How to File DeFi Taxes with Cameron Browne
Cameron Browne, CPA, is a partner at Darien Advisors, a human-centric crypto tax & advisory firm. In this episode, Cameron joins Gil to discuss how he works with clients on their DeFi taxes, including best practices and tools.Key takeaways include:
The story of how Cameron fell down the crypto rabbit hole
How Cameron handles challenges with the complexity of accounting for DeFi transactions
Why he works with crypto tax law firm to understand the precedent behind crypto accounting treatment
Examples of various DeFi tax cases he's worked on with clients, including liquidity pools, wrapped assets, and running validators
Why he recommends getting your feet wet with DeFi platforms yourself as an accountant
The differences between crypto taxes for individuals versus businesses
Cameron's predictions for the crypto space over the next year, including major consolidation.
Where to find the host and guest:
Follow Cameron Browne on LinkedIn and check out Darien Advisors.
Follow Gil Hildebrand on LinkedIn and Twitter
Where to learn more about DeOps and Gilded:
Subscribe to the Crypto Advisors Newsletter.
Check out the Gilded Website and Blog.
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.
2/2/2023 • 27 minutes, 43 seconds
7. Running your DAO Operations with Megan Murray
Megan Murray is the Operations Manager at ATX DAO. In this episode, Megan joins Gil to discuss how she runs the operations and accounting at ATX DAO Accounting and Operations. Together, they delve into the best practices for managing a successful DAO.Key takeaways include:
The 3-fold mission that ATX DAO follows
Importance of transparency, security, proper budgeting, and forecasting.
The unique challenges (and opportunities) of running a local IRL DAO.
The need to create clear rules and guidelines for a DAO.
Keeping accurate records of financial transactions and assets
The common challenges for DAO operators and practical solutions to overcome them.
How to ensure that the organization has enough funds to cover its expenses and to achieve its goals
Where to find the host and guest:
Follow Megan Murray on LinkedIn and check out ATX DAO.
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
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.
1/19/2023 • 39 minutes, 43 seconds
6. On-chain Accounting is the Future with Trevor Ward
Trevor Ward, CPA, is the co-founder and CEO at Multisig Media, the leading web3 news and education company for accountants and finance professionals.Gil and Trevor discuss the importance of educating accountants on digital assets, various on-chain solutions to prove an exchange's solvency, the unique challenges (and opportunities) in accounting for crypto assets, and much more.Key Takeaways:
How Trevor got crypto-pilled after he was a skeptic
Views on the future of custodial vs. non-custodial solutions
Various approaches to proof of reserves for exchanges
How Coinbase's views on on-chain accounting is bullish for the future of crypto accounting
Why education is needed for crypto accountants (and how Multisig Media is helping)
Internal controls and best practices in crypto accounting
Challenges with spot pricing and updating crypto on balance sheets
Where to find the host and guest:
Follow Trevor Ward on LinkedIn and check out his company Multisig.
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
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.
12/22/2022 • 49 minutes, 3 seconds
5. How to Pay Employees in Bitcoin with Henri de Ram
Henri de Ram is an accountant and financial analyst at Exodus, a crypto wallet provider.We talk about how to pay employees in Bitcoin and why you might consider crypto payroll over traditional payroll. Disclosure: Exodus is a Gilded customer and uses the Mass Pay feature in order to pay their team in Bitcoin. Key Takeaways
How the industry has evolved since Henri got involved in 2017
Henri and Exodus’ view on Bitcoin vs. other blockchains
Why every Exodus employee gets paid in BTC
How Gilded helped save Exodus’ payroll time from 8 hours to 30 minutes
How to manage an index of each employee’s wallets
Biggest hurdles for finance teams paying their employees in crypto
Biggest benefits for paying employees in crypto
The web3 use cases Henri is most excited about
Where to find the host and guest:
Follow Henri de Ram on LinkedIn and check out Exodus.
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
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.
12/6/2022 • 36 minutes, 53 seconds
4. Business Models for NFT Communities with Tara Fung
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.
11/17/2022 • 38 minutes, 25 seconds
3. Accounting for Crypto Assets with Taylor Zork
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 CryptoCFOs.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.
10/28/2022 • 27 minutes, 3 seconds
2. How to Prepare for an NFT Drop with Zach Sokolski
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.
10/6/2022 • 22 minutes, 26 seconds
1. How to Become a Crypto CPA with Alyssa Rambeau
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.
9/29/2022 • 23 minutes, 10 seconds
0. What is Decentralized Ops?
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.