a16z Crypto CTO: State of Crypto 2023
Bankless
Navigating the Crypto Landscape
This chapter explores the challenges faced by centralized gaming platforms and the declining dominance of the US in the Web3 and cryptocurrency space. It emphasizes the need for clearer regulations to foster innovation and keep developers engaged domestically, while introducing a new crypto index to track innovation and adoption metrics. The discussion reflects on the cyclical nature of the crypto market, the importance of focusing on product development, and the potential for cryptocurrencies to integrate into mainstream applications despite current downturns.
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