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a16z Crypto CTO: State of Crypto 2023

Bankless

CHAPTER

Crypto Landscape in 2023: Cycles and Metrics

This chapter examines the evolving crypto industry in 2023, focusing on the interplay between financial and product cycles. It introduces the 'State of Crypto Index,' which measures industry vitality through various metrics like developer activity and NFT transactions. The discussion highlights the resilience of innovation in the sector, even amidst market downturns, illustrating how long-term trends shape the cryptocurrency landscape.

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