Timothy Shih

Investing in Web3 projects can be legally trickyVenture capital firms can only invest up to 20% of the fund in liquid assets—more than that, and the U.S. Securities and Exchange Commission says you have to become a registered investment adviser.

Yet interchange standards and tools — a broadly-defined category that includes various technical solutions, protocols, formats, and services which enable interoperability — are perhaps the most important aspect of this essay. Without them, there will be no Metaverse — only a more virtual and immersive version of today’s mobile internet and app... See more

Unfortunately, most LPs aren’t set up to handle tokens—they don’t know what a crypto wallet is, nor do they want to go through the trouble of figuring it out.

For example, Nvidia’s founder and CEO, Jensen Huang, sees the next step for immersive simulations as something greater than more realistic explosions or street races. Instead, it’s the application of the “laws of particle physics, of gravity, of electromagnetism, of electromagnetic waves, [including] light and radio waves … of pressure and sound”.... See more

The rivalry between the Ethereum and the Solana proponents has all the makings of the classic, cutthroat battles that defined the internet before Web3. The dot-com gold rush (that is, Web 1.0) gave birth to the kind of feuds that make journalists salivate.

But in truth, the “rails” of the “virtual economy” today are much worse than those of the “real world.” They’re more expensive, cumbersome, and slow to change.