Blockchains are a new settlement and ownership layer, one that’s programmable, open, and global by default, unlocking new forms of entrepreneurship, creativity, and infrastructure. Growth in monthly active crypto addresses is generally tracking the
Prediction markets are a hot topic again — even cartoon characters are talking about them (cf South Park). But beyond the buzz, what is a prediction market, exactly? How do they work, how are they designed, and what makes them work?
We answer all
Web3 ushered in new innovations in governance, from frameworks for organizing people to systems for making collective decisions across distributed systems – but how did we get here? The history of web3 governance systems is an offshoot of the history of governance systems more broadly. In this talk, a16z crypto Deal Partner Porter Smith traces innovations in governance through time; and tracks the emergence of web3 governance through NFT communities, DAOs, and more.