Is There a New Category of Use Cases for NFTs?

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Kendra, you mentioned account abstraction is one of the core developments that could unlock a lot of new use cases for consumer facing applications. Are there other categories or themes that you're looking for in infrastructure layer that would also unlock more design space for people building consumer apps in crypto? Yeah, I think another example that's really interesting is the concept of dynamic NFTs. We saw this huge wave of NFTs that were represented mostly by PFPs and these static images. But the reality is that NFTs can be anything.

*PS* we apologize for the background noise around the 17min mark. We have already tried to minimize it to the best we can, but it is still audible. Even amidst all the blowups in the bear market, great builders continue to build and great investors continue to support them.

Blockchain Capital is one of the earliest and leading venture capital firms in the blockchain industry. Today, Blockchain Capital manages $2 billion in AUM, and has invested in some of the largest blockchain companies like OpenSea, 1inch and Aave.

Today on Blockcrunch, we have Kinjal Shah and Yuan Han Li, Partner and Associate at Blockchain Capital to share with us:

4 verticals they think will take off in 2023
Framework for investing in different verticals
Making Web 3 development more accessible for builders

Host: Jason Choi @mrjasonchoi . Not financial advice.

Timestamps:

(00:00:00) – Introduction

(00:01:39) – Introduction to Blockchain Capital

(00:07:48) – Exploring consumer vertical

(00:12:47) – Improving wallet UX with Account Abstraction

(00:21:30) – Unlocking more use-cases in NFTs

(00:25:09) – Apps verticalizing into its own app-chain and app-rollup

(00:31:03) – Making Web 3 development more accessible

(00:35:23) – Layer 1 landscape & new developments

(00:41:26) – Value capture of dApps vs protocols

(00:44:52) – Projects to watch out for in 2023

More Resources:

Guest

Blockchain Capital’s Website: https://blockchain.capital/

Kinjal Shah’s Twitter:https://twitter.com/_kinjalbshah

Yuan Han Li’s Twitter:https://twitter.com/yuan_han_li

Blockcrunch

Blockcrunch VIP: https://blockcrunch.substack.com/

Blockcrunch Twitter: https://twitter.com/theBlockcrunch

Jason Choi’s Twitter: https://twitter.com/mrjasonchoi

Disclaimer:

The Blockcrunch Podcast (“Blockcrunch”) is an educational resource intended for informational purposes only. Blockcrunch produces a weekly podcast and newsletter that routinely covers projects in Web 3 and may discuss assets that the host or its guests have financial exposure to. Views held by Blockcrunch’s guests are their own. None of Blockcrunch, its registered entity or any of its affiliated personnel are licensed to provide any type of financial advice, and nothing on Blockcrunch’s podcast, newsletter, website and social media should be construed as financial advice. Blockcrunch also receives compensation from its sponsor; sponsorship messages do not constitute financial advice or endorsement.