That’s about right. You don’t need multi billion $ funds for infra anymore, the infra is already done and everything from here is incremental
What follows is flurry of capital going into app layer, fintech layover with tooenization & businesses expanding liquidity by giving access to assets to more people
Industry moves 🤝
[ ZOOMER ]
A16Z TO DROP CRYPTO FROM ITS FLAGSHIP BLOCKCHAIN FUND'S NAME, FOCUS ON OTHER INVESTMENTS, ITS FIRST FOUNDING MEMBER TO ALSO LEAVE: THE INFORMATION