The Potential of Crypto for Developers

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The enft lives on the block chain alongside all other transactions, and everyone can see it. That means that they're permissionessly accessible to any one, anywhere with an inteet connection. But you may ask, how our enfts different from just sharing jpegs or gifts on existing social medeocites? Part of the answer has to do with the decentralized nature of crypto and how it changes the dynamic between users and platforms.

In this special “innovation overview” episode from April 2021, the a16z crypto team and other experts take you from the ground up of crypto and web3 — from the basics, to more recent developments, and beyond – through the lens of an oral essay with brief segments on what crypto is, how it really works, and where it’s going.

We chose this particular archive episode this week in honor of a new show that just launched: web3 with a16z. Hosted by Sonal Choksi, the previous showrunner of the a16z podcast network and longtime host of this show, and featuring the team at a16z crypto as well as leading scientists and makers in the space, this show is about the next generation of the internet, how builders and users now have the ability to "own" (web3) pieces of the internet, unlocking a new wave of creativity and entrepreneurship. The first two episodes are out this week, so check out and subscribe to “web3 with a16z” wherever you get your podcasts.