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Cyclicality & What's Next
AI, Crypto, Creator, Consumer, MoSoCloudLo Silicon Valley-isms. Devoid of the anchoring of a real quest, the swarm can bring you anywhere they please.
Why does it matter? Everything is falling apart. Terra collapsed largely thanks to its token design. Projects that attracted millions or billions of dollars with the promise of absurd APYs are learning the truth of the old adage, “Easy come, easy go.” The regulators are coming. Tokens that were worth a lot of fiat a couple weeks ago are worth a lot... See more
Packy McCormick • Designing Token Economies
A few months ago, I wrote a memo to help firms understand the investment opportunity in crypto. Today, I’m open sourcing my writing in hopes that it can help others. This piece discusses why and how a traditional VC could approach crypto. Whether you’re an investor, builder, or just casually curious about crypto / web 3, I hope you find this post h... See more
Etham Frenkel • How a Traditional VC Could Approach Crypto / Web 3
