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A16Z Crypto Shares Anticipated Developments in the Crypto Industry in 2024

Published 12/08/2023, 03:00 AM
Updated 12/08/2023, 03:15 AM
A16Z Crypto Shares Anticipated Developments in the Crypto Industry in 2024

  • Venture capital fund A16Z Crypto outlined several anticipated developments in crypto for the upcoming year.
  • Updates to the chain’s decentralization, platforms’ user experience, and modular technology stack were mentioned on the list.
  • A16Z Crypto anticipates a shift from play-to-earn Web3 games to play-and-earn models.

Prominent venture capital fund A16Z Crypto outlined several anticipated developments in the field of cryptocurrency for the year 2024.

The first update is about the chain’s decentralization. Miles Jennings, the general counsel, mentioned that despite the benefits of decentralization for users, it has been difficult to implement at scale. However, Jennings believes that more best practices have emerged recently, mentioned in the blog post, “A few of the things we’re excited about in crypto…

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