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The Blockcrunch Podcast

Why This $1B VC Fund Doesn’t Have Investment Analysts - Avichal Garg, Electric Capital, Ep. 214

Sep 27, 2022
51:46

Podcast summary created with Snipd AI

Quick takeaways

  • The importance of user experience and design in the crypto industry and the need for simple and intuitive interfaces to onboard millions of users to Web3.
  • The potential of decentralized autonomous organizations (DAOs) as internet native corporations and their ability to empower global communities to allocate resources and collaborate on initiatives.

Deep dives

Importance of User Experience and Design in Crypto

The podcast episode emphasizes the importance of user experience and design in the crypto industry. It discusses the need for simple and intuitive interfaces that can onboard millions of users to Web3. The episode highlights the value of clarity of thought in founders who can articulate why their product or platform is different from existing solutions and can solve real-world problems. The conversation also highlights the role of engineers in building user-friendly products and the importance of speed and efficiency in interfaces and data indexing. Examples of companies that excel in user experience, such as Slingshot and MagicEyes, are mentioned.

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