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
a16z crypto’s CTO delves into the world of tokens, outlining various token categories — including memecoins, stablecoins, arcade tokens, and network tokens. He shares the differences and similarities between token types, and also the path to progressive decentralization, in this talk (first delivered at our Crypto Startup Accelerator).