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How a Traditional VC Could Approach Crypto / Web 3
The Three Components of Crypto Success: Product/market fit, Community participation, Sufficient decentralization (community ownership)
The need for product/market fit is obvious. Without a product people want, there are no users, no business, and it will be difficult to sustain a community for long. Community participation and decentralized control
... See moreJesse Walden • Progressive Decentralization: A Playbook for Building Crypto Applications | Andreessen Horowitz
2. Access to Information3. Access to Capital4. Access to Distribution
Wordcel • How do you build a web3 community the right way
Onboarding Web3's next billion users will require thinking from first principles, encouraging exploration, abstracting complexity, prioritizing usability, and clearly demonstrating value. Figuring out what matters to the people it should matter to.