a16z crypto

Today, we’re excited to share the 2023 State of Crypto Report and introduce the State of Crypto Index. Our 2023 report aims to address the imbalance between the noise of fleeting price movements and the data that tracks the signals that matter, and the durable progress of web3 technology. Overall, the report reflects a healthier industry than market prices may indicate, and a steady cycle of development, product launches, and innovation. The State of Crypto Index is an interactive tool to track the health of the crypto industry from a technological, rather than financial, perspective. To offer a more accurate and nuanced measure of the state of crypto, the index represents the weighted average monthly growth of 14 industry metrics – from the number of verified smart contracts to the number of transacting wallets and more. In other words, the index displays, in a single chart, the rate of innovation and adoption of web3. The tool is also interactive, so you can tweak the parameters to form your own views. Report here: https://lnkd.in/gx5MCDrN One of the key insights that you’ll find from the report is that blockchains have more active users, and more ways to engage than ever before. We’re seeing more monthly active addresses – unique addresses sending on-chain transactions each month – than ever.? Last month we saw 15 million addresses, more than twice as many as two years ago when prices were still elevated. One explanation: there are increasingly more ways to engage with blockchains and web3 applications. From DeFi to web3 games – more than 700 of which launched last year – a variety of new applications create addresses for their users to interact with, without having to download or connect a wallet. Check out a few more of the takeaways from the report here: https://lnkd.in/gx5MCDrN Lastly, we encourage you to explore the State of Crypto index yourself. We made the tool interactive, allowing you to tweak the parameters and create different views of the industry. We plan to update the data on an ongoing basis so that it is as accurate as possible over time. If you uncover an interesting insight, please share your thoughts with us! State of Crypto Index: https://lnkd.in/gcuw_sh3

Covered in our latest newsletter: ?Spotlight: AI x crypto ?Why Ethereum ETPs (vs. ETFs) are so significant, plus answers to other FAQs ???News you can use: A legal defense fund for creators using crypto ??Application to play (test): On games as reality ??Trend: Trusted execution environments (TEEs) ???: https://lnkd.in/ghpCd_Kd

3 takeaways on market design for web3 builders by Scott Kominers. https://lnkd.in/gPH-qxhY

BTC and ETH ETFs (actually ETPs!) were approved and listed earlier this year. Here's what it means for crypto as an asset class: https://lnkd.in/gB8MCQQ6 by Scott Walker

It’s time to fight for the right to create. Today, a16z crypto, Stand With Crypto, and OpenSea are kickstarting the Creator Defense Fund, a legal defense fund for creators using blockchain technology to connect with fans, monetize their work, and bring more creativity to the world. We’re contributing $1M and partnering with top law firms to offer legal services and consultations for artists and creators who are facing potential government action or simply want to ensure they are structuring their NFT projects in a legal and compliant manner. Check out our GC Miles Jennings's blog about the fund.

When does virtual reality cease being virtual… and start to become reality? This episode digs deep into game design, philosophy, and mechanics with the maker of one of the world’s most iconic massive multiplayer online role playing games:?EVE Online. Listen also as our guest, Hilmar Veigar Pétursson, CEO of CCP Games, shares more about his studio’s next act: EVE Frontier, a blockchain-based overhaul of the sci-fi game that is now inviting people to apply as playtesters. Find the full episode here: https://lnkd.in/giykqJbY?

6 must-watch talks and takeaways for early-stage crypto startups https://lnkd.in/gryXgcdJ

It’s our 50th episode of the web3 with a16z podcast! The episode is on how tech advances thanks to the blockchains/ crypto space can be applied to many other industries well beyond. Tim Roughgarden (a16z crypto Head of Research and professor at Columbia University) and Dan Boneh (a16z crypto Senior Research Advisor and professor at Stanford University) and our Editor in Chief, Sonal Chokshi cover everything from AMMs to credible auctions to DAOs, to macroeconomic experiments and FHE to TEEs to zero knowledge and much more — offering useful explanations along the way. Find find “web3 with a16z” wherever you get your podcasts.

Kicking off CSX NYC!

How can founders show why their vision matters – and why they're the right team to bring it to market? A primer on pitching a web3 startup from a16z crypto general partner Arianna Simpson. In this talk, Arianna shares learnings and frameworks from her experience raising money for her own funds, along with years hearing thousands of pitches. She covers pitching from start to finish – from crafting a narrative for your product and team to following up – to help make an often daunting process as easy as possible. https://lnkd.in/gEyVyj3b