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Long Lockups Benefit Crypto Projects
Long lockups are crucial for the success of crypto projects as real technology takes years to build. By imposing self-lockups and holding 94% of the tokens in their crypto funds, Andreessen has demonstrated a commitment to the long-term success of the projects they invest in. This strategy has enabled them to weather market fluctuations and focus on the potential long-term value of the projects. Beyond speculation, potential compelling use cases for blockchain technology include social networking, finance, NFT media businesses, and collaborative storytelling.