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State of Crypto: Trends, Data, More

web3 with a16z crypto

CHAPTER

The Trends in Price and Performance in Web3

There's a lot of improvement when it comes to price and performance in Web3, particularly with respect to how blockchains perform. NFT buyers has decreased since the recent highs like last year, but they're down a lot less than I think you'd think. We've seen a little bit of a trend around more patronage style models where people are purchasing NFTs and primary sales as part of a way to support a creator directly. It goes basically minimal to zero intermediaries.

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