#1Crypto Applications: 2020-2025 SPEAKER Balaji S. Srinivasan, Nakamoto.com a16z [CRYPTO STARTUP SCHOOL#2Important Disclosures The views expressed here are those of the individual AH Capital Management, L.L.C. ("a16z") personnel quoted and are not the views of a16z or its affiliates. Certain information contained in here has been obtained from third-party sources, including from portfolio companies of funds managed by a16z. While taken from sources believed to be reliable, a16z has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation. This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities, digital assets, tokens, and/or cryptocurrencies are for illustrative purposes only and do not constitute a recommendation to invest in any such instrument nor do such references constitute an offer to provide investment advisory services. Furthermore, this content is not directed at nor intended for use by any investors or prospective investors, and may not under any circumstances be relied upon when making a decision to invest in any fund managed by a16z. (An offering to invest in an a16z fund will be made only by the private placement memorandum, subscription agreement, and other relevant documentation of any such fund and should be read in their entirety.) Any investments or portfolio companies mentioned, referred to, or described are not representative of all investments in vehicles managed by a16z, and there can be no assurance that the investments will be profitable or that other investments made in the future will have similar characteristics or results. A list of investments made by funds managed by Andreessen Horowitz (excluding investments for which the issuer has not provided permission for a16z to disclose publicly as well as unannounced investments in publicly traded digital assets) is available at https://a16z.com/investments/. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past rformance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others. Please see https://a16z.com/disclosures for additional important information. Ⓒ2020 Andreessen Horowitz. All rights reserved worldwide. a16z#3About Balaji S. Srinivasan (@balajis) coinbase CTO, Coinbase ANDREESSEN HOROWITZ General Partner, a16z Counsyl DIE LUFT FORD JUNIOR UNIV **************** 1891 CTO & cofounder, Counsyl Sold to Myriad for $375M BS/MS/PhD EE, MS ChemE Taught Stanford MOOC to 250k+ Ⓒ2020 Andreessen Horowitz. All rights reserved worldwide. B#4History Concepts Applications: 2020 Applications: 2025#5First, Bitcoin What is Bitcoin and why was it invented? We can get there in four steps. 1. PHYSICAL CASH A hands B cash. B knows A no longer has it. A 101 011 3. CENTRALIZED DIGITAL CASH C is a bank. It is trusted to debit A & credit B. A ·.6 Ⓒ2020 Andreessen Horowitz. All rights reserved worldwide. B C III. B 101 011 2. NAIVE DIGITAL CASH A sends B serial numbers. A still has a copy! 101 011 101 011 A A 101 011 4. DECENTRALIZED DIGITAL CASH C is replaced by miners updating blockchain. B B B 101 011 a16z#6Then, Blockchain The fundamental innovation behind Bitcoin. A blockchain is a tamper-resistant database for storing things of value. ||| Individual transaction' events NEW BLOCK of transactions I includes a security 'hash' of the previous block. I I BLOCKCHAIN H BLOCKCHAIN new blocks are added approximately every 10 minutes Ⓒ2020 Andreessen Horowitz. All rights reserved worldwide. Multiple computer 'mining' servers check the validity of the blocks in the chain. The quickest to check the latest block, gets payment. OR Successful transactions BLOCK Validated as 'honest' part of the chain REJECTED X a16z#7Next, Ethereum A new blockchain launched in 2014. More programmable than Bitcoin, allows for smart contracts. Led to the ICO boom. ethereum Ⓒ2020 Andreessen Horowitz. All rights reserved worldwide. Here's an example of a script in Bitcoin: OP_DUP OP HASH160 62e907b15cbf27d5425399ebf6f0fb50ebb88f18 OP_EQUALVERIFY OP_CHECKSIG And one in Ethereum's Solidity: contract Simple { function() { } } var two = 1 + 1; a16z#8From 2017-2018, the ICO Boom and Bust. Like dotcom boom, many won't work but some will. Simultaneous disruption of VC, SWIFT, crowdfunding, cap tables. Former Mozilla CEO raises $35M in under 30 seconds for his browser startup Brave Posted Jun 1, 2017 by Jon Russell (@jonrussell) There's bee events base yesterday. 1 Brendan Eid January 21, 2018, 11:13 PM PST Startups Are Raising Billions Using Initial Coin Offerings ●ICOS three ye ICOS delivered at least 3.5x more capital to blockchain startups than By Yuji N Billior VC since 2017 ICO fur Amc Jason Rowley Mar 4, 2018 2017-2018 From $XB to $YB to $ZB Past performance is not indicative of future results. ©2020 Andreessen Horowitz. All rights reserved worldwide. Comment Compound The Compound protocol currently has $170,822,097 of assets earning interest across 8 markets LAST 12 MONTHS CDP Creation 60000 MakerScan 50000 40000 30000 20000 10000 Mar Ap TOTAL DAI DEBT $23,182,552.93 May ||| Sections Oct Total ValueLocked (0) $981.9M Defi Dive Set Protocol-automated asset management strategies Read on the Defi Pulse Blog Maker Dominance 59.32% Q Search CDP Landis Lara Incone The Rei List DEFI PULSE TOTAL ETH COLLATERAL 462,510.79 LENDING Total Value Locked (USD) in DeFi MOM DERES DERIVATIVES Open CDP COPS 149502 Feedback 2019-2020 Winter for price, summer for innovation? PAYMENTS Locked (USD) $122.9 $76.5M 557.TV $10.TW ASSETS 1Day% 1.86 4.58 5.45 2.58 5.SK 5.45 a16z#9History Concepts: Technology Applications: 2020 Applications: 2025#101 A blockchain is a database for storing things of value Slower and less performant than centralized databases, their special property is tamper-resistant shared state in an adversarial environment. In other words: can't write to the DB and award yourself a million dollars. Or a million potions, or a million acres. Ⓒ2020 Andreessen Horowitz. All rights reserved worldwide. bitcoin ETHEREUM ERC 20 Token ERC721 ERC 725 Identity ↑ ERC 735 Claim Holder CRYPTOCURRENCY Digital gold and cash. TOKENS Digital alternative to equity. Makes network effects tradeable. DIGITAL ASSETS Nonfungible scarce assets, from in-game items to real estate. IDENTITY Present proof of cryptoidentity to demonstrate that you possess an asset. a16z Any Andreessen Horowitz investments and portfolio companies described or referred to above are not representative of all investments in vehicles managed by the firm and there can be no assurance that the investments described are or will be profitable or that other investments made in the future will have similar character or results. See Important Disclosures at the outset for more information#112 Bitcoin is a protocol. Payments are now packets. Bitcoin and Ethereum are literally protocols in that one can open up Wireshark and see the raw packets that update the underlying blockchains. It's fully packet-driven transmission of value without reference to a bank. Ⓒ2020 Andreessen Horowitz. All rights reserved worldwide. wireshark.pcap [Wireshark 1.11.2 (SVN Rev 53411 from/trunk)] File Edit View Go Capture Analyze Statistics Telephony Tools Internals Help Ⓡ O BE Filter: Payload Length: 37 Payload checksum: 0x3187a4cf Inventory message Count: 1 Expression... Clear Apply Save Frame 132214: 115 bytes on wire (920 bits), 115 bytes captured (920 bits) Ethernet II, Src: Ciscocon_fa:a4:be (c8:d7:19:fa:a4:be), Dst: Wistron_bf:c9:15 (00:1d:72:bf:c9:15) Internet Protocol Version 4, Src: 97.88.151.164 (97.88.151.164), Dst: 192.168.2.102 (192.168.2.102) Transmission Control Protocol, Src Port: 8333 (8333), Dst Port: 57853 (57853), Seq: 17822, Ack: 357, Len: 61 Bitcoin protocol Packet magic: 0xf9beb4d9 Command name: inv B Inventory vector Type: MSG_BLOCK (2) Data hash: ee19223c36353e3bda42e796e7ec98034105c4b86e1d7ba2... 0000 00 1d 72 bf c9 15 c8 d7 0010 00 65 1f el 40 00 2b 06 0020 02 66 20 8d el fd 4f 99 0030 00 ed 18 6b 00 00 f9 be 0040 00 00 00 00 00 00 25 00 0050 00 00 00 ee 19 22 3c 36 0060 ec 98 03 41 05 c4 b8 6e 0070 00 00 00 Bitcoin protocol (bitcoin), 61 bytes 111 19 fa a4 be 08 00 45 00 73 a7 61 58 97 a4 c0 a8 e9 4c 92 b0 72 f3 50 18 b4 d9 69 6e 76 00 00 00 00 00 31 87 a4 cf 01 02 35 3e 3b da 42 e7 96 e7 1d 7b a2 01 00 00 00 00 ..r..... ......E. .e..@.+. s.ax.... .f ...0. .L..r.P. inv... 5> ;.B... Packets: 133463 Displayed: 133463 (100.0%) O Profile: Default O X a16z#123 This means machines can now hold & send money. A program can now have custody of funds so long as it has possession of private keys. The internet allowed programs to autonomously communicate. Blockchain allows them to autonomously transact. A fundamental prerequisite for intelligent agents. Ⓒ2020 Andreessen Horowitz. All rights reserved worldwide. Sending a transaction: tx I sent the transaction into the peer-to-peer network with the stripped-down Python script below. The script sends a version message, receives (and ignores) the peer's version and verack messages, and then sends the transaction as a tx message. The hex string is the transaction that I created earlier. 2 def getTxMsg (payload): return makeMessage (magic, 'tx', payload) 3 4 sock = socket.socket (socket.AF_INET, socket. SOCK_STREAM) 5 sock.connect(("97.88.151.164", 8333)) 6 7 sock.send(msgUtils.getVersionMsg()) 8 sock. recv (1000) # receive version 9 sock. recv (1000) # receive verack 10 sock. send (msgUtils.getTxMsg("0100000001484d40d45b9ea0d652fca8258ab7caa42541eb52975857f96fb50cd732c8b481000000008a47304402202cb265bf1070 11 minimalSendTxn.py hosted with by GitHub view raw a16z#134 Blockchains have already 10X'd gold, SWIFT, crowdfunding Is the blockchain creating real economic value? As shown, Bitcoin and Ethereum have already created quantifiable 10X improvements in multiple multibillion dollar sectors. Deployment still ongoing, but innovation is real and quantifiable. Ⓒ2020 Andreessen Horowitz. All rights reserved worldwide. SWIFT wire transfer KICK STARTER DIVISION OF H+XXH ARE 10X BETTER THAN GOLD Bitcoin is infinitely lighter than gold. Faster to transport internationally, cheaper to custody. 10X FASTER THAN SWIFT Ethereum clears in minutes in any country pair. SWIFT takes days. 10X LARGER THAN KICKSTARTER Ethereum has shattered records, enabling 10X larger and faster internet crowdfunding. 10X FASTER THAN DELAWARE Solidity means fractions of a second vs days to "incorporate". Smart contracts transform shareholder rights and governance. a16z#145 Blockchains have already created many billion dollar entities Are there any large businesses or organizations based on the blockchain? Yes. Infrastructural entities in three major areas are in the billions: creators of new coins & tokens, miners, and exchanges. Ⓒ2020 Andreessen Horowitz. All rights reserved worldwide. Forbes Dead & Ne Copers Creating d Hak de FORTUNE م Digital Money Cutting Edge Ethereum Creator Vitalik Buterin's Utopian Dream Created A Nine-Figure Fortune 00000 Laura Shin This story appears in the February 28, 2018 issue of Forbes. Subscribe Vitalik Buterin w can you keep pace with Creator of Ethereum Crypto Net Worth: $400 million-$500 million Gaunt and boyish, with close- the Transformative Age? ‒‒‒ B Top of your class. CamRusso March 2014AM PST March 2011 AM PST -Asif such as Branca OKEs dominate trading activity -Ownership of many of the large exchanges remains a mystery Computer Security Comp Kaspersky Lab ey.com/consulting Chinese Bitcoin Mining Firm Bitmain Made $3 to $4 Billion in Profits Last Year, Says Analyst 0000 EY Crypto Exchanges Are Raking in Billions of Dollars Capital SPARK Let's build your momentum and your savings. 1.50% APY* STATE STREET The Big Midcap companies, 50% "hell yeah!" k's w ENJOY A BETTER WORK/LIFE BALANCE. m COIN FOUNDERS The engineers who create new coins and tokens have captured billions. MINERS The large miners who run server farms have captured billions. EXCHANGES The exchanges collectively have done many billions in revenue. a16z#15Blockchain means you have a choice of who to trust It's not about "trusting no one", it's about having a greater choice of who to trust with custody of valuable assets. Blockchains enable choice via fast, programmatic transfer of assets across international boundaries. Ⓒ2020 Andreessen Horowitz. All rights reserved worldwide. coinbase B ‒‒‒‒‒ BEFORE: BANK You had to store money at one of a few banks. AFTER: BANK, EXCHANGE, OR YOUR COMPUTER Now you can store it at the bank, at an exchange, or indeed on any computer. a16z#167 Blockchains enable internet-scale cap tables With tokens, organizations can now give users a piece of their "cap tables" in a programmatic way. This is a completely new dynamic and will be widely adopted over the next ten years. Ⓒ2020 Andreessen Horowitz. All rights reserved worldwide. Meetly Detailed Capitalization Table As of 05/01/2017 Generated by Mary Stuart ([email protected]) at 05/01/2017 05:37:58 Name Adrienne Williamsen Alexander Wagner Allan Ortega Emily Wilson Emily Wilson Jack Greene Jackie Frank Jake Pappas James Gillis Jane Porter Janet Sugiyama Jared Firestone Etherscan The Ethereum Block Explorer TokenTracker Summary Total Supply: Value per Token: Token Holders: No.Of.Transfers: Oxbf7e5720806bca8... Ox7b613242c95d2.. 2 mins ago 6 mins ago Common (CS) 0 0 0 2,618,000 35,000 1,228 2,628 0 2,500,000 0 0 0 Series Seed Preferred (PS) Ox485e14d149833... Ox0681d8db095565... BLOCKCHAIN 281568 0 0 0 0 0 0 0 180,000 0 0 0 0 P 54734 addresses ACCOUNT Series A Series B Preferred Preferred (PA) (PB) Oxea97abaacddc4e... 0x4ab6483b8c2e91... 0 0 0 0 180,000 0 LOGIN Search by Address/Txhash/Block/Token/Ens TOKEN 0 150,000 180,000 180,000 0 0 1,500,000,000 BAT ($588,843,000.00) $0.3926 @0.000449 Eth (4.29%) 10 477.948 180,000 0 0 0 220,000 180,000 180,000 CHART 0 0 0 0 0 MISC GO BAT BEFORE: EXCEL A few shareholders, managed centrally. No custody, poor visibility, limited liquidity till IPO. AFTER: ETHERSCAN Unlimited token holders for even a small startup. Internationally tradeable, transparent, and liquid around the clock from day 0. a16z#178 Blockchain-first is the new mobile-first Blockchain competitors are arising for many legacy businesses, and in some cases already taking significant share. Incumbent in Sample Blockchain Earn.com Disruptor Area Social Ⓒ2020 Andreessen Horowitz. All rights reserved worldwide. CHASE Compound MMAKER Finance B chia Precious metals PayPal libra celo P2P Payments MobileCoin 3 BOX Messaging S AngelList COINLIST Republic Equity Crowdfunding Any Andreessen Horowitz investments and portfolio companies described or referred to above are not representative of all investments in vehicles managed by the firm and there can be no assurance that the investments described are or will be profitable or that other investments made in the future will have similar character or results. See Important Disclosures at the outset for more information#18And more is coming soon 8 Next: collectibles, identity, distributed databases, marketplaces, DNS/protocols, browsers, and decentralized cloud. Incumbent Sample Blockchain Disruptor Area The Gathering CryptoKitties Collectibles Ⓒ2020 Andreessen Horowitz. All rights reserved worldwide. f Facebook Login 3 BOX Identity Ω 維 W J И 7 WIKIPEDIA The Free Encyclopedia o Distributed databases airbnb Facebook Marketplace Travel the world. Pay in crypto. CRYPTOCRIBS OpenBazaar Marketplaces DNS Domain Name System # handshake ens DNS brave METAMASK Browsers amazon web services € Filecoin ARWEAVE Decentralized file storage Any Andreessen Horowitz investments and portfolio companies described or referred to above are not representative of all investments in vehicles managed by the firm and there can be no assurance that the investments described are or will be profitable or that other investments made in the future will have similar character or results. See Important Disclosures at the outset for more information#199 Blockchains break network effects Why? Because token upside is inversely proportional to network effect. You can now give early adopters an equity-like stake in the network to reward them for inviting others. Ⓒ2020 Andreessen Horowitz. All rights reserved worldwide. AFTER BLOCKCHAIN: The smaller the network, the more potential future value for each user Value to user (USD equiv) STARTUP Token upside (future value) BEFORE BLOCKCHAIN: The larger the network, the more present value to each user f Network utility (present value) Size of network (N) Charts provided herein are for informational purposes only and should not be relied upon as investment advice; past performance is not indicative of future results a16z#2010 Blockchains transform social networks From liking and poking to buying and earning. The next 10 years of social networks will involve real value being sent over the edges. Ⓒ2020 Andreessen Horowitz. All rights reserved worldwide. Message Paid message Like Bug bounty E E Poke 0- 0= Paid survey BEFORE: LIKE, POKE, MESSAGE Have fun online, or waste time. The last 10 years of social networks. AFTER: PAID DMS, SURVEYS, TASKS Reply to messages and complete tasks for digital currency. The next 10 years of social networks. a16z#2111 Blockchain is a partial move away from cloud towards privacy Users are learning to keep their private keys local and private. Private keys are an anchor that will lead to other data also being encrypted and moved locally, out of the cloud and onto devices. Ⓒ2020 Andreessen Horowitz. All rights reserved worldwide. OUR PICKS LATEST SHARE POPULAR QUARTZ PICKS AND SHOVELS Ledger sold its millionth hardware wallet for storing Bitcoin Back to the silicon mine. (Reuters/Dado Ruvic/Illustration) in X Bitcoin is soaring, but how do you keep th estimates that more than 980,000 bitcoin: at current prices, have already been stoler OBSESSIONS 3 f HOTLITTLEPOTATO a LILY HAY NEWMAN SECURITY 11.05.17 07:00 AM HOW TO KEEP YOUR BITCOIN SAFE AND SECURE FREE ARTICLES LEFT THIS MONTH P Get unlimited access + a free YubiKey. Subscribe now. Sign In or Register if you're already a subscriber. CLOSE X a16z#22History Concepts: Community Applications: 2020 Applications: 2025#23A blockchain's value derives from its community Recall our point about how "blockchains scale cap tables". The holders, devs, miners and other community members agree between themselves on mechanisms of value transfer. The price is how they interface with the outside world. Ⓒ2020 Andreessen Horowitz. All rights reserved worldwide. M alt coin magazine Making a Bitcoin Maximalist By Wes Carlson on ALTCOIN MAGAZINE HOME ABOUT US WORK WITH US ALTCOIN MAGAZINE INTERVIEWS ALTCOIN MAGAZINE MAS Wes Carlson Oct 25, 2018 Following the hu cryptocurrency, replicate or clone tokens listed on c Behind the pleth profess to be crea the other. Majori Sign in Join Ethereum groups Get started Related topics: Cryp Smart Contracts Vir Decentralized Systems Ethereum ✓ Find out what's happening in Ethereum Meetup groups around the world and start meeting up with the ones near you. Follow 1,187,955 3,864 members groups The FUD Stompers: Like It or Not, XRP Army Is Winning Crypto's Hashtag War Any Andreessen Horowitz investments and portfolio companies described or referred to above are not representative of all investments in vehicles managed by the firm and there can be no assurance that the investments described are or will be profitable or that other investments made in the future will have similar character or results. See Important Disclosures at the outset for more information a16z#24As context, three random people are not economically aligned Each of them can lose or win on their own, independently, without any impact on the others. Ⓒ2020 Andreessen Horowitz. All rights reserved worldwide. L L L L W W W W L L W W L L W W L W L W L W L W a16z#25A blockchain community is economically aligned If the price goes up, they all benefit together and can become millionaires. If the price goes down, or the blockchain is attacked in some way, they also all lose. If they are holders, none of them can win unless they all win. Ⓒ2020 Andreessen Horowitz. All rights reserved worldwide. Bitcoin loses Bitcoin wins B L W L W L W a16z#26Blockchains thus take us from slippery slope to crypto cliff In the slippery slope, one person's rights can be eroded without others facing immediate consequences. In the crypto cliff, to abrogate one person's rights means you are economically damaging many others at the same time. Ⓒ2020 Andreessen Horowitz. All rights reserved worldwide. The New York Times Spain and Catalonia Wrestle Over .Cat Internet Domain Given the online popularity of cats, the domain name.cat should be a feline goldmine. But the name has been taken by Catalonian websites. Kim Kyung-Hoon/Reuters ETHEREUM NAME SERVICE BEFORE: DNS SEIZURE Someone loses a lol.cat domain, but you keep your .com domain. AFTER: ENS SEIZURE To seize someone's .ens domain in the same way means interfering with the Ethereum blockchain. a16z#27Thus, a monetary incentive to defend another's rights Because of the crypto cliff, everyone speaks out at once if there is the attempt to attack the blockchain that binds the community together. Ⓒ2020 Andreessen Horowitz. All rights reserved worldwide. # of individuals with rights # of individuals with rights Spain and Catalonia Wrestle Over Cat Internet Domain Time ETHEREUM NAME SERVICE Time BEFORE: SLIPPERY SLOPE Someone loses a lol.cat domain, but you keep your .com domain. AFTER: CRYPTO CLIFF To seize someone's .ens domain in the same way means interfering with the Ethereum blockchain. a16z#28As such, blockchains allow for experiments in self-governance With blockchains, any sufficiently large group of people can choose a mechanism to wholly or partially govern their economic life in the cloud. This has been a fascination from people of all political stripes, from the Paris Commune to Galt's Gulch. Ⓒ2020 Andreessen Horowitz. All rights reserved worldwide. Medium Cryptocurrency Become a member Sign in Fred Ehrsam Follow Nov 27, 2017 - 17 min read Blockchain Governance: Programming Our Future Get started This post describes why blockchain governance design is one of the most important problems out there, its critical components, current approaches, potential future approaches, and concludes with suggestions for the community. Why Blockchain Governance Matters As with organisms, the most successful blockchains will be those that can best adapt to their environments. Assuming these systems need to evolve to survive, initial design is important, but over a long enough timeline, the mechanisms for change are most important. As a result, I believe governance is the most vital problem in the space. Other fundamental problems like scalability are arguably best approached by using governance to set the right incentives for people to solve them. Yet little research has gone into governance and it feels poorly understood. Never miss a story from Fred Ehrsam, when you sign up for Medium. Learn more GET UPDATES a16z#29Blockchains make macroeconomics an experimental science Before, people studied virtual economies in the context of video games. Crypto takes that to the next level. Whatever your thesis on economic governance - inflationary, deflationary, demurrage - if you can get enough people to try it, you can run the experiment. Ⓒ2020 Andreessen Horowitz. All rights reserved worldwide. Books VIRTUAL ECONOMIES DESIGN AND ANALYSIS VILI LEHDONVIRTA AND EDWARD CASTRONOVA Journals Ł AA $ Digital Resources From Information Policy About Virtual Economies Design and Analysis What is Cryptoeconomics? The Ultimate Beginners Guide Contact By Vili Lehdonvirta and Edward Castronova How the basic concepts of economics - including markets, institutions, and money - can be used to create and analyze economies based on virtual goods. 6 Blockgeeks a16z#30Tens of millions of people (and billions of dollars) are now invested in these experiments Now that blockchain has turned macroeconomics into an experimental science, you can try out every philosophy under the sun - simultaneously, with part of your net worth. Hayek vs Keynes vs heretofore- unseen hybrids. It's all happening in realtime. Ⓒ2020 Andreessen Horowitz. All rights reserved worldwide. NEWS Coinbase Hits Reported $8 Billion Valuation With Over 25 Million Users 'YES, YOU' NEED A BITCOIN HARDWARE WALLET: LEDGER REVEALS 1.3 MILLION UNITS SOLD WILMA WOO | OCT 17, 2018 | 17:00 Survey: Nearly 80% of Americans Have Heard of Bitcoin CRYPTOCURRENCY Bitcoin market cap falls below $100 billion for first time since October 2017 PUBLISHED WED, NOV 14 2018 9:31 PM EST I UPDATED THU, NOV 15 2018 4:37 PM EST a16z#31Thus, the new laboratory of the states is a laboratory of networks If federalism meant the laboratory of the states, decentralization is creating the laboratory of the networks. Ⓒ2020 Andreessen Horowitz. All rights reserved worldwide. Cryptocurrencies ▾ # 1 2 3 5 6 7 Top 100 Cryptocurrencies by Market Capitalization 8 4 [O] Bitcoin Cash 9 Name B Bitcoin XXRP ➜ Ethereum EOS T Tether L Litecoin TRON Stellar Past performance is not indicative of future results Exchanges Market Cap Watchlist $62,927,160,307 $3,594.84 $5,599,093,934 Price $12,777,928,184 $0.310419 $356,805,032 $2,172,933,558 $11,983,645,782 $114.57 $2,770,264,967 $2,038,597,397 Volume (24h) $2,178,116,362 $123.83 $200,560,136 $1,989,096,944 $2.40 $777,054,576 $1.01 $3,888,261,784 $33.04 $673,155,644 $1,952,111,684 $0.029284 $398,210,720 $1,845,090,329 $0.096265 $130,694,867 USD - Next 100 → Circulating Supply 17,504,850 BTC 41,163,466,448 XRP * 104,594,158 ETH 17,589,750 BCH 906,245,118 EOS * 2,017,251,167 USDT * 60,210,925 LTC 66,660,905,606 TRX 19,166,823,282 XLM * View All Change (24h) -0.23% -1.51% -1.72% -2.67% -1.71% 0.12% -0.85% 1.59% -3.58% { m mi a16z#32History Concepts Applications: 2020 Applications: 2025#33Three apps at $1B revenue: exchanges, mining, issuance These are the infrastructure parts of crypto. Ⓒ2020 Andreessen Horowitz. All rights reserved worldwide. BITCOIN Cryptocurrency start-up Coinbase valued at $8 billion despite bitcoin's plunge PUBLISHED TUE, OCT 30 2018-11:33 AM EDT I UPDATED TUE, OCT 30 2018-2:41 PM EDT Kate Rooney @KROONEY THE BLOCK Bitcoin miners made an estimated $5 billion in revenue during 2019 January 18, 2020, 11:58AM EST 1 min read by Mike McSweeney SHARE fin Ethereum Millionaires Tell Their Stories BIDITEX Exchange Follow Sep 25, 2019 3 min read YfQ Any Andreessen Horowitz investments and portfolio companies described or referred to above are not representative of all investments in vehicles managed by the firm and there can be no assurance that the investments described are or will be profitable or that other investments made in the future will have similar character or results. See Important Disclosures at the outset for more information a16z#34One app at $100M revenue: hardware wallets This is growing but is not yet as large as the other three sectors. Ⓒ2020 Andreessen Horowitz. All rights reserved worldwide. Ledger Sold 1 Million Crypto Hardware Wallets in 2017, Attracts Investors in Samsung and Google ccn Joseph Young CCN July 10, 2018 ledger 0000 PET HOS Leading hardware crypto wallet manufacturer and developer Ledger sold more than 1 million hardware wallets in 2017, recording a profit of $29 million. a16z#35Stablecoins at $5B+ in stored value Mainly Tether, but USDC and DAI also worthy of note. Ⓒ2020 Andreessen Horowitz. All rights reserved worldwide. Stablecoin Stats v0.1.7 Name $ Tether USD (USDT) USD Coin (USDC) Paxos Standard (PAX) T TrueUSD (TUSD) Binance USD (BUSD) Dai (DAI) Gemini Dollar (GUSD) StableUSD (USDS) API Theme ▾ Circulation 4,491,590,765.41 425,911,624.60 226,048,198.19 138,867,102.96 30,278,034.13 23,182,265.20 5,138,109.94 664,923.59 Change (24h) 24,500,000.00 (0.55%) -627,897.23 (-0.15%) 6,818,059.22 (3.11%) 2,519.28 (0.00%) -5,270,073.28 (-14.83%) -286,545.18 (-1.22%) 385,155.88 (8.10%) -1,500.00 (-0.23%) Price $0.9991 (-0.05%) $1.0003 (0.05%) $1.0001 (0.03%) $1.0003 (0.04%) $1.0006 (0.16%) $0.9999 (0.11%) $0.9966 (0.22%) $0.9968 (-0.21%) Tracked Volume (24h) 2,248,922,149.09 (21.83%) 60,073,283.05 (6.33%) 19,138,640.77 (0.89%) 27,293,205.00 (-22.81%) 33,102,373.23 (-2.47%) 4,242,453.98 (63.95%) 1,496.76 (-84.81%) 98,013.06 (10.59%) a16z#36DeFi now at almost $1B in stored assets Maker, Synthetix, and Compound are leaders, but many more apps. Ⓒ2020 Andreessen Horowitz. All rights reserved worldwide. ETH Locked in DeFi Zoom Iw 1m 3m All Aug '18 Sep '18 Oct '18 Uniswap Past performance is not indicative of future results Dec '18 dYdx Jan '19 Feb '19 Mar '19 Total Value Locked (USD) $983.4M Maker Dominance Apr '19 59.58% ALL May '19 Jun '19 DeFi Dive: Set Protocol - automated asset management strategies Read on the DeFi Pulse Blog ► LENDING 120k 60k 40k DEFI PULSE DEXES 20k Total Value Locked (USD) in DeFi TVL (USD) | ETH | BTC | DAI $1B $950M $900M $850M $800M $750M $700M $650M $600M Dec DERIVATIVES All | 1 Year | 90 Day | 30 Day | 7 Day Jan PAYMENTS DEFI PULSE Feb ASSETS a16z#37History Concepts Applications: 2020 Applications: 2025#38Decentralized Cold Storage (Casa) Casa is gaining traction here. Paradoxical but similar to Coinbase: a centralized service facilitates custody of a decentralized asset. Ⓒ2020 Andreessen Horowitz. All rights reserved worldwide. Never worry about your Bitcoin. MULTISIG SECURITY 24/7 SUPPORT : Get Started C 53.42 STC OF 21 MILLION $153,347 SINCE 2018 SAFE KEY Multisig security. Made livable. a16z#39Privacy Coins and Privacy Features Also becoming more standard in more chains over tim Others also (Dash, Enigma, Beanstalk). Ⓒ2020 Andreessen Horowitz. All rights reserved worldwide. Privacy Summary Privacy on Ethereum is being actively worked on by a number Privacy Coins: How Monero, Dash, and ZCash Will Enable True Privacy Monero, Dash, and Zcash - A Primer on the Largest Privacy Coins on the Market There are a couple of key technologies to know about: Zero Knowledge-based • zk-SNARKS (used in Zcash) • zk-STARKS Tiffany Madison Follow Mar 28, 2019-7 min read different teams. EMO Aztec Protocol is building an efficient zero-knowledge privacy protocol and decentralised exchange. The protocol is already live on Ethereum's mainnet. Starkware Industries is using STARK technology to improve scalability and privacy on Ethereum. Enigma Protocol are building 'secret contracts' which enable computation over encrypted data. Zether is a confidential (transaction amounts are hidden) and anonymous (transaction sender and receiver are hidden) payment mechanism on blockchains with the account model like Ethereum. More info on Zether. coindesk Bitcoin 24h $9,748.79 +0.46% fQ Ethereum 24h $213.44 +4.20% XRP 24h $0. Story from Tech → Bitcoin's Privacy and Scaling Tech Upgrade 'Taproot' Just Took a Big Step Forward Jan 24, 2020 at 00:45 UTC Updated Jan 24, 2020 at 15:38 UTC a16z#40SaaS-for-gas (Starkware and others) Smart contracts that are on-chain and charge for each API call. Defensibility through trust of author, network effects/switching costs, and backlinks. Ⓒ2020 Andreessen Horowitz. All rights reserved worldwide. StarkDEX Deep Dive: Contracts & Statement Part 2 of 4 StarkWare Follow Jul 1, 2019 15 min read STARKWARE StarkDEX DEEP DIVE Part II: Contracts & Statement fQ ETHEREUM Ethereum's scalability has potential to improve 2,000x due to Istanbul update, says This is the second part of our StarkDEX deep dive, explaining StarkWare January 7, 2020, 4:50AM EST 1 min read components of the StarkDEX Alpha. In the first part we gave a the system and discussed user flows and batching if you ha read it, we encourage you to do so before reading this post. by Yogita Khatri StarkWare, a project that is working to help blockchains scale, has said that Ethereum has massive potential to scale due to its recent Istanbul network update. According to StarkWare's "measurements (not approximations, nor estimates)," Ethereum's scalability has the potential to improve by 2,000 times over Ethereum Layer-1 after the Istanbul update. Post-Istanbul Ethereum can handle 9,000 trades at 75 gas/trade as compared to 2,000 trades at 300 gas/trade, said StarkWare, adding that Istanbul has "certainly helped." ADVERTISEMENT THE BLOCK DAILY Exclusive Crypto News Delivered Daily JOIN FOR $19/MO a16z#41Lending and Interest (Compound, Maker) Many different business models here for decentralized lending (has API, works across borders, works 24/7, no limits, etc). Ⓒ2020 Andreessen Horowitz. All rights reserved worldwide. Compound MARKETS CTOKENS The Compound protocol currently has $170,882,903 of assets earning interest across 8 markets Compound is an algorithmic, autonomous interest rate protocol built for developers, to unlock a universe of open financial applications. READ WHITEPAPER → DEVELOPERS MCD Docs Introduction to the Maker Protocol GETTING STARTED Maker Protocol 101 MAKER DEVELOPER GUIDES Developer Guides and Tutorials SMART CONTRACT MODULES Core Module Collateral Module Dai Module System Stabilizer Module Oracle Module MKR Module Governance Module Rates Module Proxy Module Emergency Shutdown Module Maker Protocol Emergency Shutdown MIGRATION APP SCD MCD Migration Upgrading to Multi-Collateral Dai Guide OTHER MCD DOCUMENTATION MCD Glossaries Smart Contract Annotations AUCTIONS The Auctions of the Maker Powered by Book Q Introduction to the Maker Protocol Introduction MakerDAO is a decentralized organization dedicated to bringing stability to the cryptocurrency economy. The Maker Protocol employs a two-token system. The first being, Dai, a collateral-backed stablecoin that offers stability. The Maker Foundation and the MakerDAO community believe that a decentralized stablecoin is required to have any business or individual realize the advantages of digital money. Second, there is MKR, a governance token that is used by stakeholders to maintain the system and manage Dai. MKR token holders are the decision-makers of the Maker Protocol, supported by the larger public community and various other external parties. Maker is unlocking the power of decentralized finance for everyone by creating an inclusive platform for economic empowerment; enabling everyone with equal access to the global financial marketplace. With the new version of the Maker Protocol, Multi Collateral Dai (MCD), being released and live on the main Ethereum network, we wanted to go over a few of the changes and features that it comes with. The biggest change to the Maker Protocol is that it now accepts any Ethereum-based asset as collateral to generate Dai given that it has been approved by MKR holders and has been given specific, corresponding Risk Parameters through the Maker decentralized governance process. Additionally, there are a few other newly introduced features that come with the MCD upgrade. These new features include: • New Dai token ($DAI) • Support for multiple Vault collateral types (Launching with ETH and BAT) To open a Vault, head to Oasis Borrow Savings Rate (DSR) Dai • To use the DSR, head to Oasis Save • More robust peg ensuring mechanisms (MKR acting as backstop) • Stability fees paid every block, rather than on Dai repayment • New Maker Terminology • MKR and governance remains the same • Oasis Trade The Maker Protocol Smart Contract Modules System Any Andreessen Horowitz investments and portfolio companies described or referred to above are not representative of all investments in vehicles managed by the firm and there can be no assurance that the investments described are or will be profitable or that other investments made in the future will have similar character or results. See Important Disclosures at the outset for more information a16z#42Insurance (Opyn, Nexus Mutual) Allows parties to (in theory) insure against defi contract and default risk. Though the insurer themselves has risk. Ⓒ2020 Andreessen Horowitz. All rights reserved worldwide. Nexus Mutual opyn Opyn's mission is to empower people through an inclusive, fair, and open financial system. GET UPDATES OVERVIEW TOKEN MODEL A people-powered alternative to insurance УМУС GET A QUOTE WHITEPAPER to get protected Get covered against smart contract failure FAQ USE CASES DOCS WHITEPAPER explore own BUY NXM of the mutual CHAT a16z#43Scaling (Starkware, many others) A number of these technologies are coming online and will likely be deployed by 2025. Many stack on top of each other. Ⓒ2020 Andreessen Horowitz. All rights reserved worldwide. Devin Walsh @devinawalsh So many approaches to scalability currently in the works! Layer 0 (ie @bloXrouteLabs) New Layer 1 (ie @withflow_) Succinct (ie @CodaProtocol) Build your own (ie Cosmos SDK) State channels (ie @ConnextNetwork) Sidechains (ie @poanetwork) ZK rollup (ie @the_matter_labs) 8:38 AM Oct 21, 2019 Twitter Web App 48 Retweets 218 Likes a16z#44Multiwallets with many verbs (MyCrypto) Beyond just send/receive, we will see all the common verbs come to wallets Ⓒ2020 Andreessen Horowitz. All rights reserved worldwide. Balaji S. Srinivasan ✔ @balajis The next generation of crypto wallets will have built-in user interfaces for common verbs. Not just send and receive, but also buy, sell, sign, vote, stake, register, and so on. 8:02 PM Jan 27, 2020 Twitter for iPhone ill View Tweet activity 104 Retweets 482 Likes 21 Balaji S. Srinivasan Replying to @balajis The ideal wallet might have the: @balajis. Jan 27 Cold storage of @CasaHODL Convenience of @ZenGo Functionality of @MyCrypto Dev friendliness of @CoinbaseWallet Browser integration of @metamask_io Asset support of an exchange Eventually, an open source app/library will have 20 18 128 27 Balaji S. Srinivasan @balajis Jan 27 @MyCrypto was ahead of the game with built- registration all the way back in late 2017. One d though. 91 ♡34 HELP & SUPPORT ↑ LATEST NEWS > SEND & RECEIVE MyCrypto BUY & EXCHANGE - mycrypto TOOLS - We've launched a new beta version of MyCrypto that you can try at beta.mycrypto.com! ENGLISH + CREATE WALLET Check Availability Ethereum Name Service The Ethereum Name Service (ENS) is a distributed, open, and extensible naming system based on the Ethereum blockchain. Once you have a name, you can tell your friends to send ETH to ensdomain.eth instead of 0x4bbeEB... .eth ETHE a16z#45Security innovation (ZenGo) Highly innovative wallet that uses aceID and similar techniques fo convenient save/restore Ⓒ2020 Andreessen Horowitz. All rights reserved worldwide. ZenGo Meet the first keyless crypto wallet Buy Crypto Download on the App Store Say goodbye to worries and hello to peace of mind GET IT ON Google Play Market Prices Security $2,586.54 Bitcoin T TrueUSD Blog - Research. Help $1.05754 200.25 DA $1.500.00 1145.91 XTZ $105.26 108.24 Amount $58.98 Available ▶ Watch the video USD 50 0.0047 BTC 2 S Next O 3 6 9 O Contact 9 What is keyless? With our breakthrough cryptography, there's no private key worry about. Instead, your security is distributed between your device and ZenGo servers. So even if we get hacked or you lose your wallet, your assets are always safe. You get maximum security with complete control. Learn More a16z#46Novel financial instruments (Fomo3D, PoolTogether) In the spirit of crypto: incentivize good behavior with the spirit of a lottery. Ⓒ2020 Andreessen Horowitz. All rights reserved worldwide. TWEET + SHARE COMMENT future tense The Cryptocurrency Game With a $9 Million Prize Is Fomo3D an incisive critique, a scam, or a little of both? By ARVIND DILAWAR Photo illustration by Slate. Photos by Thinkstock Future Tense is a partnership of Slate, New America, and Arizona State University that examines emerging technologies, public policy, and society. The very first round of Fomo3D began July 8 with no money i are two hours left on the clock. Buy-in has risen from less tha than 34 million buy-ins, the pot is worth almost $9 million. Ho AUG 06, 2018 2:41 PM On its face, Fomo3D is a straightforward game of chance: Players have 24 hours to buy in to a pot, the lion's share of which goes to the last buyer to get in under the buzzer. Every time a player buys in, 30 seconds is added to the clock, which caps a becomes more expensive. Players can buy in as many times a bump up the clock or at the last possible moment, thus winni ADVERTISEMENT 165 Reveal the whole picture future tense (p You could win $1,644 every week just by saving your money 1. Join the Pool Deposit Dai into the pool to get tickets. Each ticket is a chance to win weekly prizes! For every 1 Dai you deposit you get 1 ticket. Read this to learn more about Dai 2. Interest builds All the Dai in the pool earns interest. The prizes are funded solely by the interest earned. together 3. Prizes awarded At the end of the week one lucky person wins all of the interest that accrues! 4. Never lose! Whether you win or not you get all of your money back! You can withdraw your savings and winnings at any time. JOIN THE POOL Ready to give it a shot? JOIN THE POOL Need more info? READ THE FAQ DROP US A LINE a16z#47Blockchain games (egamers, Forte, EOS) Video games with micropayments built-in. Merges esports and crypto. Josh of Forte will talk more about this. Ⓒ2020 Andreessen Horowitz. All rights reserved worldwide. START NEWS Sign in / Join How to Play Crypto Games Blockchain Games List The Gaming Multiverse GAMES LIST ✓ OPTIONS egamers.io MY CRYPTOHEROES MYCRYPTOHEROES WIKI ENJIN THE MULTIVERSE CONTACT US BLOCKCHAIN GAMES LIST This Blockchain Games list contains hand-picked Games available to play now or coming soon. But wait, why are these games called Blockchain Games? With the term Blockchain Games (Crypto Games or dGames) we describe all the games that are either fully decentralized (on the blockchain) or they have a decentralized economy. In Blockchain Games, players truly own their items, in most of the games as of today you are not allowed to sell your items, they don't belong to you, and if you do, your account might get banned. But in Crypto Games, you can sell your items to other players any time using the in-game markets or external websites. Another cool feature in Crypto Games is that you can get rewarded for your time spent playing either with coins or items. In most cases, they can be redeemed for ETH/ENJ/TRX or any other cryptocurrency. With decentralized economies nowadays in crypto gaming, players can set up their own stores in most of the games and sell in-game loot or other in-game items. Make sure you check out the Multiverse, a universe of connected blockchain games powered by Enjin Coin where you can use multiple items in various games! If you have questions or you are a new player who doesn't know how these games or cryptocurrencies work, jump over our telegram channel and we will be more than happy to guide you. Use the categories below to find crypto games based on your interests in our Blockchain Games List. f FEATURED BLOCKCHAIN GAMES o Meet your new blockchain wallet IMPENETRABLE, FEATURE-PACKED, AND CONVENIENT TOP 15 Crypto Games of 2019 ETHEREMON EM EIM Decentralized World of ETHER MONSTERS Free Download Q GODS UNCHAINED EDDSA UNCHAINED / MINING / FPS / RTS MOBILE / BROWSER BASED / 3D STEAM GAMES MOBA / MULTIVERSE / RPG / CRYPTO COLLECTIBLES / SINGLE PLAYER / MMO DRIVING WITH TOKEN / IDLE / SIMULATOR / TRADING CARD GAME (TCG) / MMORPG / FREE TO PLAY METAMAS TRON GAMES / SPORTS PLAY NOW / VR / PLAYSTATION/XBOX/POA GAMES EOS GAMES / PVP / SURVIVAL / ETHEREUM GAMES / STRATEGY & DECENTRALAND ARCADESCRORTSENIN CAMESSTEEM Any Andreessen Horowitz investments and portfolio companies described or referred to above are not representative of all investments in vehicles managed by the firm and there can be no assurance that the investments described are or will be profitable or that other investments made in the future will have similar character or results. See Important Disclosures at the outset for more information a16z#48Crypto social networks (Voice, Twetch) Could list many more. These are still in their infancy. Many levels of decentralization. Some just use a decentralized currency and centralize everything else. Ⓒ2020 Andreessen Horowitz. All rights reserved worldwide. voice Social as it should be. We think social networking needs a rework. From bot mobs to data tracking and shady algorithms, social media isn't our friend. Cue Voice. Request beta Read blog Get to Know Voice FAQ Blog Company voice Technology Alba Bethania Nome Tadesse Best Places to Vacation in Bali Ball is part of the Coral Triangle, the area with the highest bi of marine species.[9] In this area alone a "The greatest glory in living lies not in never falling, but in rising every time we fall." -Nelson Mandela Watch the keynote Request Beta Block.one CEO Brendan Blumer talks Voice and the future of social media. Trending 35 025 voice. In order to provide you with the best possible experience, this website uses cookies. By clicking 1 accept you consent to the use of cookies on Voice. Please see our Cookies Policy here for further information about how we use cookies. We do not sell the data collected by cookies. Twetch Take back your data. Sign up now for the only social media that lets you own your data and profit from your content. Join our private beta. Your best email 66 Twetch content/community is so good. I love this. You can instantly notice the quality of conversation difference from any other I platform. This is honestly the most I've been excited about crypto in a while, thank you guys. @michaelhippos Sign Up What our users say 66 I'm almost breaking $100 in revenue on Twetch. @vegardwikeby Twelch 3.000 $1,232.01 66 Twetch is the first social media that allows me to take full control of the information I consume (no ads) and be sur there no Anthony from Twetch Hi there How can I help you today? Log In Type your message... Chatby Drift a16z#49Decentralized DNS (ENS, Unstoppable, Blockstack, Handshake) Fully programmable and liquid DNS without the central registry. Get a domain like setting up a virtual machine. Ⓒ2020 Andreessen Horowitz. All rights reserved worldwide. ENS 36a24a843ec72dd86f50554 1395dd4da 2E401B7febBDB No long addresses B98b0F2C0660 FA0637872C alice.mywallet.etha12D1F2135 2884a1ea17065361 21165855f9acd560 391dE84d ::Blockstack ENS eliminates the need to copy or type long addresses. With ENS, you'll be able to send money to your friend at 'aardvark.eth' instead of '0x4cbe58c50480..., interact with your favorite contract at 'mycontract.eth', or visit a Swarm-hosted site at 'swarmsite.eth'. Try Blockstack Technology About Create ID → = Community Build Apps Blockstack apps protect your digital rights and are powered by the Stacks blockchain. UNSTOPPABLE DOMAINS Decentralized computing network and app ecosystem Find a blockchain domain Sign In Blockchain Domain Names New premium domains Create ID Q Search Domains handshake Decentralized naming and certificate authority An experimental peer-to-peer root naming system. = ABOUT HANDSHAKE Handshake is sadecentralized, permissionless naming protecol where every peer is validating and in charge of managing the zost DNS naming zone with the goal of creating an alternative to existing Certificate Authorities and naming systems Names on the internet (tep level domains, social networking handles, etc.) ultimately zely upon centralized actors with full control ever a system which are relied upon to be honest, as they are vulnerable to hacking, censorship, and corruption. Handshake aims to experiment with new ways the internet can be more secure, resilient, Q SEARCH DOCUMENTATION COMMUNITY FAL Source Code: Multiple implementations may axist. Initial code: GitHub. Download Claim HNS for Foss developers: Clain has and register names Ø SIGN IN / SIGN UP Technical Infe: Install. Designates. Do TRG: re://ire.freesade.at/hada o 8 0 O a16z#50Automated Market Making (Uniswap, Kyber Bonding Curves) Liquidity for the long tail. This is questionable as to whether it will work given presence of other markets, but people are trying. Ⓒ2020 Andreessen Horowitz. All rights reserved worldwide. S Uniswap is a protocol for automated token exchange on Ethereum. A simple smart contract interface for swapping ERC20 tokens A formalized model for pooling liquidity reserves An open source frontend interface for traders and liquidity providers A commitment to free and decentralized asset exchange Swap Tokens Read the Docs Bonding Curves A bonding curve is a mathematical curve that defines a relationship between price and token supply. Here's an example of a bonding curve, where current Price = tokenSupply: currentPrice tokenSupply This bonding curve says that price increases as the supply of the token increases. In the case of an exponential curve such as the one above, the growth rate accelerate as the number of tokens minted increases. When a person has purchased the token, each subsequent buyer will have to pay a slightly higher price for each token, generating a potential profit for the earliest investors. As more people find out about the project and buying continues, the value of each token gradually increases along the bonding curve. Early investors who find promising projects early, buy the curve-bonded token, and then sell their token back can earn a profit in the future. You can have different curve shapes to accomplish different goals and properties. Mathematical Formula a16z#51Decentralized Identity (3Box) Many efforts here too. May require bootstrapping by a centralized agency. Ⓒ2020 Andreessen Horowitz. All rights reserved worldwide. 3 BOX API Products Partners Docs Blog 3 BOX HUB Your new home online. Experience the internet like never before with your new all-in-one sign-in, profile, and cloud storage. Ethereum Single Sign On Identity and Reputation Personal Cloud Storage Mollie Narwhal Twitter Github Website 212 contacts @3boxdb @3box 3Box.io Description Data privacy and developer advocate at 3Box Log In 13 spaces Choose wallet a16z#52Personal Tokenization (CNSL, Dinwiddie) Issue an equity-like token for your time or some unction of your time (like a consult). Ⓒ2020 Andreessen Horowitz. All rights reserved worldwide. Spencer Dinwiddie Launching Digital Token Next Week, Discusses NBA's Threat To Terminate His Contract Shlomo Sprung Senior Contributor Ⓒ SportsMoney I write informative sports columns, features and analysis pieces. ROOKLYN 8 The Personal Token Revolution Reuben Bramanathan Follow Jan 24-4 min read For the vast majority of people, the only reliable way to make money is to sell time. Usually, this involves employment, but the cryptoeconomy has the potential to revolutionize the ways we convert our time into money. [+] GETTY IMAGES Spencer Dinwiddie's SD8 digital tokenization plan will launch next week as he make Bounties, grants and personal tokens, together with the rise of remote work, are starting to break down the boundaries of traditional work. Personal tokens will enable internet-native individual business: the free flow of value for your services and value of your services. Issuing a personal token that is redeemable for your services can be effective if your work involves creating anything digital: code, content, design, or advice. If you produce a product, you can tokenize the product instead of your time, like Unisocks. a16z#53Mutuals and Guilds (Moloch, Gitcoin) Attempts to incentivize collective action. Gitcoin allows people to vote with their funds for the direction of protocol development. Ⓒ2020 Andreessen Horowitz. All rights reserved worldwide. Moloch DAO explained: Using self- interest to Ethereum's advantage May 30, 2019 What is Moloch DAO? What the heck is all this talk is about Moloch DAO? Well for starters, this is a moloch: Moloch DAO This Thorny Devil is the Moloch horridus Okay, that's not the Moloch you seek. Jokes aside, Moloch DAO (DAO stands for "decentralized autonomous organization") is a new Ethereum community funding initiative. It's part charity and part playfully terrifying meme (Moloch is an ancient god of child sacrifice). A contribution to Moloch DAO isn't an investment in the traditional sense. Instead of seeking a direct financial benefit, members share in the collective benefit from improvements to public goods funded by the DAO. Moloch will initially focus on funding Ethereum 2.0 development. GITCOIN Sustain Web3 Virtual Hackathon runs January 29th to February 12nd- Check out the details Post a Bounty FOR BUILDERS/ PROJECT MANAGERS Crowdfunding and Freelance Developers for Open Source Software Projects Leverage our global, on-demand workforce. Find expert freelance developers to design, test, code, and build your project teams today. Save time via direct Github integration. Products Crowdfund for your open source startup or project to increase your budget and bring in more developers. Fund an Issue/Project Grants Community Company See our Products FOR CODERS/ SOFTWARE DEVELOPERS Get paid in crypto for freelance jobs, building features, and solving bug bounties! Work with top open source projects and get paid out fast. Explore Bounties Join Virtual Hackathons 2.11 Cookies Disclaimer By continuing to browse the site, you are agreeing to our use of cookies. Learn more at Gitcoin's Privacy Policy. Privacy Policy Gitcoin is GDPR complaint. Learn more in Gitcoin's Terms & Conditions. I Agree a16z#54Mutuals and Guilds (Moloch, Gitcoin) Attempts to incentivize collective action. Gitcoin allows people to vote with their funds for the direction of protocol development. Ⓒ2020 Andreessen Horowitz. All rights reserved worldwide. Moloch DAO explained: Using self- interest to Ethereum's advantage May 30, 2019 What is Moloch DAO? What the heck is all this talk is about Moloch DAO? Well for starters, this is a moloch: Moloch DAO This Thorny Devil is the Moloch horridus Okay, that's not the Moloch you seek. Jokes aside, Moloch DAO (DAO stands for "decentralized autonomous organization") is a new Ethereum community funding initiative. It's part charity and part playfully terrifying meme (Moloch is an ancient god of child sacrifice). A contribution to Moloch DAO isn't an investment in the traditional sense. Instead of seeking a direct financial benefit, members share in the collective benefit from improvements to public goods funded by the DAO. Moloch will initially focus on funding Ethereum 2.0 development. GITCOIN Sustain Web3 Virtual Hackathon runs January 29th to February 12nd- Check out the details Post a Bounty FOR BUILDERS/ PROJECT MANAGERS Crowdfunding and Freelance Developers for Open Source Software Projects Leverage our global, on-demand workforce. Find expert freelance developers to design, test, code, and build your project teams today. Save time via direct Github integration. Products Crowdfund for your open source startup or project to increase your budget and bring in more developers. Fund an Issue/Project Grants Community Company See our Products FOR CODERS/ SOFTWARE DEVELOPERS Get paid in crypto for freelance jobs, building features, and solving bug bounties! Work with top open source projects and get paid out fast. Explore Bounties Join Virtual Hackathons 2.11 Cookies Disclaimer By continuing to browse the site, you are agreeing to our use of cookies. Learn more at Gitcoin's Privacy Policy. Privacy Policy Gitcoin is GDPR complaint. Learn more in Gitcoin's Terms & Conditions. I Agree a16z#55Founder's Rewards (Zcash, BCH) New business model for funding developers from rewards. Ⓒ2020 Andreessen Horowitz. All rights reserved worldwide. OUR TAKE MACRO ANALYSIS An analysis of Zcash's founders reward August 7, 2019, 4:15PM EST 4 min read NEWS BY JOHN DANTONI Major Bitcoin Cash (BCH) Mining Group Proposes Block Rewards Dev Fund A mining group in the Bitcoin Cash ecosystem has proposed an "Infrastructure Funding Plan" that would slot 12.5 percent of BCH block rewards over a six- month period BY WILLIAM M. PEASTER JANUARY 23, 2020 a16z#56On-Chain Developer Bounties (Tezos) On-chain governance for funding developers via bounties. Ⓒ2020 Andreessen Horowitz. All rights reserved worldwide. coindesk Bitcoin 24h $9,884.21 -2.64% Story from Tech → Tezos Is About to Enact Its First-Ever Ethereum 24h $224.16 -1.95% y fin On-Chain Blockchain Update May 28, 2019 at 18:41 UTC Updated May 28, 2019 at 19:57 UTC Christine Kim in XRP 24h $0.274544 -3.01% NEWS Bitcoin Cash 24h $453.64 +0.93% LEARN RESEARCH Bitcoin SV 24h $353.73 +1.64% EVENTS Q |v| After nearly three months of voting by token holders, the Tezos blockchain will undertake a series of backwards-incompatible changes to the network on Wednesday. Called Athens A, the upgrade proposal was the first to undergo the network's "self-amendment" process in which bakers on Tezos - equivalent to miners on bitcoin or ethereum - stake tokens bundled into "rolls" to show their support for or against competing upgrade proposals. Tezos is a proof-of-stake (PoS) blockchain with an estimated valuation of over $1 billion. Teeing up this week's event, a developer group known as Nomadic Labs kick-started Tezos' first on-chain governance process back in February. At the time, the news was a notable given the turbulence that took place during the project's early days. As reported in March, Nomadic Labs put forward two proposals: Athens A and Athens B. Athens A and Athens B both suggested an increase to the computation or gas limit of Tezos blocks. This would effectively make smart contract deployment easier for application developers building atop the platform. After three months of voting and testing, bakers have now officially passed the final voting threshold to activate Athens A on Tezos' main network. Athens A, on the other hand, also suggested a reduction to the minimum amount of tokens - called a r size- that's required for a user to become a baker. This would reduce the barrier entry for baking and encourage a higher number of bakers on the Tezos blockchain. a16z#57Clients for dApps A Coinbase-like UX whose backend is a blockchain or smart contracts. Ⓒ2020 Andreessen Horowitz. All rights reserved worldwide. InstaDApp Announcing our seed round funding from top tier investors 7.9k+ Smart Wallets Trustless Smart Wallet for DeFi. Seamlessly manage, optimize and deploy your assets to get the best returns across protocols. Dashboard → Newsletter $76.5M+ Collateral $26.9M+ Borrowed Dashboard InstaDApp makes it much simpler to... a16z#58Developer Tools (Alchemy, Bison Trails) Improved APIs for geth and general performance improvements. Ⓒ2020 Andreessen Horowitz. All rights reserved worldwide. A alchemy We're excited to publicly announce what we've been working on! Read more. PRODUCTS SOLUTIONS CASE STUDIES PARTNERSHIPS CUSTOMERS COMPANY Power your business with enterprise-grade GET STARTED infrastructure The most trusted blockchain infrastructure and developer tools. WIRED Bloomberg AS SEEN IN AUGUR Leading Ethereum Project TE TechCrunch E COINTELEGRAPH The Future of Monty TRUSTED GLOBALLY The top blockchain companie trust Alchemy Oms OX Leading Ethereum Project CRYPTOKITTIE Top Ethereum Dap 9ms HOME 2.35M LOGIN → PLATFORM PROTOCOLS BisonTrails PIONEERING BLOCKCHAIN INFRASTRUCTURE™ PROTOCOLS Launch your own staking nodes. ABOUT Bison Trails is the easiest way to run secure infrastructure on multiple blockchains. Our technology platform provides enterprise-grade security. multi-cloud / multi-region distribution, and a 99% node uptime guarantee. CONTACT US TO GET STARTED NEWS LATEST UPDATES PROTOCOLS The Bison Trails Platform Supports Edgeware NEWS Bison Trails Secures $25.5 Million Series A Financing Round Led by Blockchain Capital Launch secure node clusters to participate in blockchain protocols, from one simple interface. LOG IN → Help a16z#59Oracles and Prediction Markets Put data on-chain and make bets on it. Ⓒ2020 Andreessen Horowitz. All rights reserved worldwide. AUGUR The world's most accessible, no-limit betting platform. Bet now on Augur V1 → Augur V2. AVA FRO TOT REA ERASURE MEDIUM ||| Email address TELEGRAM ERASURE is an unstoppable decentralized data marketplace for predictions powered by the Numeraire token (NMR). Receive updates on Erasure TWITTER SUBMIT a16z#60DAOS-Decentralized Autonomous Organizations Semi-autonomous programs-many of which make you money. Trading on dexes is pure internet arbitrage. Ⓒ2020 Andreessen Horowitz. All rights reserved worldwide. Jesse Walden 2 @jessewldn DAO: "an entity that lives on the internet and exists autonomously, but also heavily relies on hiring individuals to perform certain tasks that the automaton itself cannot do." "Automation at the center, humans at the edges" -@VitalikButerin (2014) DAOS, DACS, DAS and More: An Incomplete Terminology Guide One of the most popular topics in the digital consensus space (a new term for cryptocurrency 2.0 that I'm beta-testing) is ... blog.ethereum.org 7:52 PM Jun 3, 2019 Twitter Web Client 19 Retweets 85 Likes 27 Jesse Walden @jessewldn Jun 3, 2019 Replying to @jessewldn impressive, clear taxonomy of the types of economic arrangements and organizations that can be built on blockchains. Automation at the center Internal capital Automation at the edges Al (holy grail) Humans at the edges Tools DAOS DOS Robots Boring old Humans at the center (eg. assembly organizations line) 15 No internal capital Humans at the edges Automation at the edges Daemons Web services ♡48 DAS DCs Forums ↑ ↑ Automation at the center Humans at the center Crypto Trading Bots - The Definitive Guide For 2019 August 20th 2019 Coff Introduction ROBOT !!!! LOT KLING TWEET THIS ..... As technology in the 21st century has developed at a rapid pace, never seen since the industrial revolution, we have begun to see major changes in the way that individuals trade and how people view currency in general. Even with cryptocurrencies themselves, in 2010, they weren't very prevalent and they had a very limited scale for trading. Since then, cryptocurrencies have exploded in popularity and more people are trading them than ever. a16z#61Community-Owned Organizations Collectives, akin to cooperatives, owned and operated by the users. Ⓒ2020 Andreessen Horowitz. All rights reserved worldwide. SAINT FAME SAINT FAME: Genesis Shirt $341.98 USD Cd W a16z#62a16z CRYPTO STARTUP SCHOOL