with @cdixon @eddylazzarin @DarenMatsuoka @rhhackettAn in-depth overview of web3 trends and tech progress toward building the next internet, this conversation covers themes from the 2023 State of Crypto Report. The first half of the discussion (from our recent Twitter Spaces), delves into data points and analyses: what’s behind the recent uptick in NFT activity and experimentation; the curious relationship between gaming (including on-chain gaming) and innovation; as well as challenges, and opportunities, in blockchain scaling. We also discuss the pace of advances in the field of zero knowledge cryptography, plus what new applications and products are now possible... including beyond web3. The second half (based on a separate discussion) delves deeper into the report’s methodology, especially behind the interactive State of Crypto Index data tool… finally zooming out on the big picture.Guests include Chris Dixon, founding general partner at a16z crypto; Eddy Lazzarin, chief technology officer; and Daren Matsuoka, lead data scientist -- in conversation with guest host Robert Hackett, a16z crypto features editor and head of special projects. links to pieces or topics referenced in this episode:the 2023 State of Crypto Report (+ PDF, livestream, Twitter Spaces) / Daren Matsuoka, Eddy Lazzarin, Robert Hackett, & Stephanie Zinnthe State of Crypto Index / Daren Matsuoka, Eddy Lazzarin, Robert Hackett, & Stephanie Zinnon the “domino effect” meme / knowyourmemeon John Carmack, see "Masters of Doom" by David Kushner /  bookon web3 gaming & on-chain games / web3 with a16z crypto podcaston EIP-4844 aka “protodanksharding” / Ethereum Improvement Proposalson “Jevons paradox” in economics / Wikipediaon the concept of “induced demand” / WIREDon zero knowledge applications to machine learning / Elena Burgerthe zero knowledge canon (parts 1 + 2) / Elena Burger, Bryan Chiang, Sonal Chokshi, Eddy Lazzarin, Justin Thaler, & Ali Yahyaon developer activity trends in crypto / Electric CapitalNone of the content is investment, business, legal, or tax advice. See a16z.com/disclosures for more important information, including a link to a list of our investments. Also, please note that any charts, data, or projections discussed here are subject to change without notice, may differ from opinions expressed by others, and are for informational purposes only – they should not be relied upon when making any investment decision. The content speaks only as of the date indicated, and a16z has not independently verified third party sources nor makes representations about the enduring accuracy of the information. 

Eddy Lazzarin, Chief Technology Officer at a16z Crypto, and Daren Matsuoka, Data Scientist at a16z Crypto, dive into the 2024 State of Crypto Report. They discuss how the crypto landscape is shifting from a bear market to renewed optimism and innovation. Key topics include the rise of mobile crypto adoption, the significant role of stablecoins in the global economy, and the impact of ZK cryptography on transaction speed and efficiency. The conversation also highlights the importance of builders in shaping the future of crypto amid regulatory challenges.

Daren Matsuoka, lead data scientist at a16z crypto and author of the State of Crypto report, and Eddy Lazzarin, CTO at a16z crypto, dive into the latest trends shaping cryptocurrency in 2024. They discuss the growth of active crypto users while tackling the challenges of data integrity. With insights on stablecoins, the evolving blockchain infrastructure, and the growing impact of cryptocurrency in U.S. elections, they illustrate a thriving ecosystem. The conversation highlights innovations driven by emerging technologies like AI and the enthusiasm among builders in the crypto space.