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Two VCs on Why This Is the Perfect Time to Invest in Crypto - Ep. 522
Unchained
Investment Returns at the Protocol and Application Layers: Understanding Value in Blockchain
Most investment returns are at the application layer rather than the protocol layer./nValue can exist at both the protocol layer and the application layer./nInvestment activity is not limited to the protocol layer./nThe relative value split between protocols and applications is important to consider./nThe blockchain application stack was discussed in a post from 2014 before Ethereum launched.
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