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
a16z crypto’s General Counsel and Head of Decentralization shares strategies for web3 projects to consider when planning their token launches. He also shares how to operationalize for this in one’s organization, manage potential risks, and use the DUNA as a structure for DAOs in this talk (first delivered at our Crypto Startup Accelerator).