This is the year the world came onchain.
When we launched our first State of Crypto report, the industry was still in its adolescence. The total crypto market was worth about half what it is today. Blockchains were much slower, more expensive, and le
Each year, the State of Crypto report from a16z crypto cuts through the noise and tracks crypto’s evolution across markets, technology, policy, and culture.
Now in its fourth edition, the 2025 State of Crypto report reveals how crypto has gone ma
A talk on the basics of intellectual property for web3 projects from Harvard Business School professor and a16z research partner Scott Kominers. Community-created, novel IP – from NFTs to software protocols – has been a surprisingly impactful application of web3. This presentation covers the purpose of IP rights, emerging trends in shared IP, and the basic parameters of IP design.