Cryptoeconomics - an excerpt

a16z crypto editorial

6.2.22

How does crypto fit into a broader analytic and economic framework?

According to noted economists (and authors of the highly influential economics blog Marginal Revolution) Tyler Cowen and Alex Tabarrok, crypto is one of the economics ideas that has been discussed the most over the past decade… yet is still not a common topic in principles of economics classes.

So in this new chapter of their popular textbook Modern Principles of Economics, the economists examine crypto through the lens of economic reasoning, and explain smart contracts, bitcoin, DeFi, NFTs, and the possible “tokenization of everything”. Cryptoeconomics not only combines cryptography and economics to produce new methods of communication, cooperation, and organization – but, the authors argue, “we might say that cryptoeconomics brings the invisible hand to computation”.

Full chapter pdf available for download here (shared with permission from the authors)

podcast: web3 with a16z

A show about building the next internet, from a16z crypto

Any investments or portfolio companies mentioned, referred to, or described on this page are not representative of all investments in vehicles managed by a16z and there can be no assurance that the investments will be profitable or that other investments made in the future will have similar characteristics or results. Exits include current and former a16z portfolio companies which have been acquired as well as companies which have undergone an initial public offering or direct public offering of shares. Certain publicly traded companies on this list may still be held in Andreessen Horowitz funds. A list of investments made by funds managed by a16z is available here: https://a16z.com/investments/. Excluded from this list are investments for which the issuer has not provided permission for a16z to disclose publicly as well as unannounced investments in publicly traded digital assets. Further, the list of investments is updated monthly and as such may not reflect most recent a16z investments. Past results of Andreessen Horowitz’s investments, pooled investment vehicles, or investment strategies are not necessarily indicative of future results.

© 2024 Andreessen Horowitz WTUVKUCXZLYAD
GGCMUGJX