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Most upvoted by Kiwi News readers

55 stories from a16zcrypto.com have been shared on Kiwi News since 25 April 2023, with 162 upvotes and 24 comments in total. The latest was shared on 25 October 2025. The 50 most upvoted are listed below.

Text under a title is an AI summary of the linked article.

  1. The end of the foundation era in crypto
    15 upvotes · 4 comments · · original on a16zcrypto.com

    The author argues that crypto should move away from the foundation model toward ordinary for-profit companies, which the article presents as better at aligning incentives, deploying capital and responding to market forces. The article says foundations were once a legal route to progress but now add friction, citing the SEC's efforts-based decentralization test and the cost of setting up a foundation, which it puts at upwards of $500,000 and several months. It contends that foundations lack clear accountability and feedback loops, and that proposed U.S. market structure legislation, which focuses on control-based decentralization, makes foundations unnecessary.

  2. a16z State of Crypto Index
    8 upvotes · 2 comments · · original on a16zcrypto.com

    a16z's 2025 State of Crypto report argues that crypto has matured into a meaningful part of the modern economy, describing 2025 as the year the world came onchain. The total crypto market cap crossed $4 trillion for the first time in 2025, and an estimated 716 million people own crypto. Stablecoins processed $46 trillion in transaction volume over the past year, or $9 trillion on an adjusted basis that filters out bots, while Bitcoin and Ethereum exchange-traded products held over $175 billion.

  3. A few of the things we’re excited about in crypto (2025) - a16z crypto
    8 upvotes · 1 comment · · original on a16zcrypto.com

    a16z crypto partners outlined what they expect to matter in crypto in 2025, with each partner naming one idea. Carra Wu argues that AI agents will increasingly custody their own crypto wallets, signing keys and assets, and may eventually operate the first AI-owned blockchain. Sam Broner expects enterprises, starting with small and medium-sized businesses such as restaurants and coffee shops, to increasingly accept stablecoins for payments. Miles Jennings says the DUNA, a decentralized unincorporated nonprofit association, will become a standard structure for U.S. crypto projects, following Wyoming's 2024 law recognizing DAOs as legal entities.

  4. Some 2024 crypto predictions from A16Z
    7 upvotes · 0 comments · · original on a16zcrypto.com

    a16z's crypto partners predict that 2024 will bring several shifts in web3, including broader decentralization, simpler user experience and more practical verification tools. Miles Jennings argues that decentralization is needed to protect user freedoms, and that emerging best practices should soon enable unprecedented levels of decentralized coordination. Eddy Lazzarin says new tools such as passkeys, smart accounts and embedded wallets could reset crypto's user experience, which has changed little since 2016. Karma (Daniel Reynaud) says new formal verification tools will make smart contracts more robust, and the piece also covers SNARKs, NFTs as brand assets and play-to-earn games.

  5. Factors of decentralization of web3 protocols
    7 upvotes · 0 comments · · original on a16zcrypto.com

    This article proposes a more standardized understanding of decentralization for web3 protocols, dividing it into technical, economic, and legal types, each assessed through factors listed in two tables. It argues that decentralization limits gatekeeping power, lets web3 systems function like public infrastructure, and can reduce regulatory risk. Technical decentralization is described as challenging for blockchains but achievable relatively quickly for smart contract protocols by making them immutable. The article also says legal decentralization may negate the need to apply U.S. securities laws to a token once a system eliminates significant information asymmetries and reliance on the managerial efforts of others.

  6. Crypto Startup School Applications Now Open for Spring 2024 in London
    6 upvotes · 0 comments · · original on a16zcrypto.com
  7. A novel framework for reputation-based systems
    6 upvotes · 0 comments · · original on a16zcrypto.com

    The article proposes a reputation system built on two tokens: a non-transferable "points" token that signals reputation, and a transferable "coin" token paid as dividends to point holders. It argues that combining reputation and liquidity in one token creates a paradox, since transferability lets people without reputation buy signals and erodes their value. Points should be tied to verifiable contributions, such as content creation, moderation or gameplay, and the article says coin supply, dividend frequency and distribution are key design choices. It cites Discord moderator roles and Forefront's $FF token as examples.

  8. Estimated number of mobile wallet users
    5 upvotes · 3 comments · · original on a16zcrypto.com
  9. State of Crypto 2025: The year crypto went mainstream
    5 upvotes · 2 comments · · original on a16zcrypto.com

    The State of Crypto 2025 report describes 2025 as the year crypto went mainstream, marking a period of industry maturation. Stablecoins handled $46 trillion in transactions over the last year, nearly three times Visa's volume, though the report notes the comparison is not apples-to-apples. Over $175 billion sits in Bitcoin and Ethereum exchange-traded products, up 169% from $65 billion a year earlier. Estimates put active crypto users at 40 to 70 million, while 716 million people own crypto.

  10. a16z Crypto Startup School applications are open
    5 upvotes · 0 comments · · original on a16zcrypto.com

    a16z is accepting applications for its Crypto Startup School, known as a16z CSX, an intensive program that connects founders with capital, a network of industry experts, and a cohort of leading web3 teams. The curriculum covers finding product-market fit, navigating web3 infrastructure, decentralizing and tokenizing, crafting a go-to-market strategy, and managing legal and regulatory issues. The page also states that its listed investments are not representative of all a16z investments and that past results do not indicate future results.

  11. Secrets, and how to prove them: A magician’s guide to zero-knowledge proofs
    5 upvotes · 0 comments · · original on a16zcrypto.com

    Michael Blau argues that magic tricks work as an accessible analogy for zero-knowledge proofs (ZKPs), a cryptographic tool that he says could help web3 address scalability and privacy. He describes a zk-SNARK, citing Justin Thaler's definition, as letting a prover show a verifier that they know some data without revealing it. The article maps the two core properties onto magic: privacy, since the magician keeps the secret method hidden, and succinctness and work-saving, since watching a successful trick is quicker to verify than learning the method.

  12. a16z crypto expanding to the UK
    5 upvotes · 0 comments · · original on a16zcrypto.com
  13. Blockchain & internet glossary (A–Z): Key terms from Read Write Own
    4 upvotes · 1 comment · · original on a16zcrypto.com

    This glossary, adapted from Chris Dixon's book Read Write Own (Random House, 2024), defines common blockchain and internet terms. It contrasts blockchain networks, which combine open access and user ownership with the advanced features and sustainable funding of corporate networks, with corporate networks that are centralized and can change their rules at any time. Entries also cover concepts such as the attract-extract cycle, in which corporate networks use perks to attract participants and later focus on extracting value from them, and Bitcoin, which Satoshi Nakamoto (identity unknown) described in a 2008 white paper.

  14. Defining tokens
    4 upvotes · 0 comments · · original on a16zcrypto.com

    The article presents a framework for seven categories of tokens that entrepreneurs most often build: network, security, company-backed, arcade, collectible, asset-backed, and memecoins. It explains that network tokens derive value from a blockchain's programmatic functioning and may be excluded from U.S. securities laws when decentralization mitigates trust dependencies. Security tokens digitally represent securities such as company shares or corporate bonds and remain subject to U.S. securities laws. Company-backed tokens depend on a centralized organization and, when they attract investment, are likely subject to those laws, while arcade and collectible tokens are generally excluded from them.

  15. A new financial model for app tokens: How to generate cash flows
    4 upvotes · 0 comments · · original on a16zcrypto.com

    The article proposes a cash-flow model for application tokens, which it says would give them the economic grounding infrastructure tokens already have. It argues that fees should be traceable to the frontend that generated them, so tokenholders can choose to stake only to frontends compliant with their jurisdiction's rules rather than DAO governance deciding which fees are permissible. Under the design, each frontend is registered to a public key so fees can be attributed to its domain, and tokenholders stake to frontend-specific modules or to curators who select a basket of frontends. The article gives an example in which a frontend generating $100 in fees with 100 entities each staking one token would yield $1 per entity, and it says fees from transactions not initiated through a registered frontend would go to a single catchall staking module.

  16. State of crypto 2023: Spotlight on crypto policy - A16Z report
    4 upvotes · 0 comments · · original on a16zcrypto.com

    a16z presents a spotlight report arguing that blockchains offer a credible alternative to current internet control and that U.S. policymakers need clear, practical crypto rules to foster innovation and maintain global leadership. The report, building on its annual State of Crypto Report, says the internet is failing consumers, creators, developers and small businesses because a handful of large platforms control decisions and data, change rules suddenly, and extract high fees. It notes that one in five U.S. adults have purchased crypto, yet critical regulatory guidance has been lacking, and it offers guiding principles for protecting consumers, providing a path to compliance and ensuring innovation.

  17. Introducing the Nakamoto Challenge: Addressing the Toughest Problems in Crypto
    4 upvotes · 0 comments · · original on a16zcrypto.com
  18. The path to secure and efficient zkVMs
    3 upvotes · 2 comments · · original on a16zcrypto.com

    zkVMs, which promise to let non-experts prove correct program execution, are still too buggy and too slow for most real-world deployment, and years away from meeting basic secure and performant goals, so staged milestones are proposed to track progress. The proposed security stages require formally verified proofs, starting with protocol soundness, then verifier and prover implementations, and no zkVM is likely to reach the final security stage in fewer than four years. Current zkVM provers incur overhead approaching one million times native execution, and the proposed performance baseline is no worse than 100,000 times, with mainstream adoption probably requiring about 10,000 times or lower.

  19. State of Crypto Report 2024: New data on swing states, stablecoins, AI, and more
    3 upvotes · 0 comments · · original on a16zcrypto.com

    a16z crypto's 2024 State of Crypto report finds that crypto activity and usage hit all-time highs and that crypto has become a key political issue ahead of the U.S. election. In September, 220 million addresses interacted with a blockchain at least once, more than triple the figure at the end of 2023, with Solana accounting for 100 million. The report estimates 30 to 60 million monthly active crypto users, out of 617 million global crypto owners estimated by Crypto.com in June 2024. Stablecoins processed $8.5 trillion in transaction volume in the second quarter of 2024, more than double Visa's $3.9 trillion over the same period.

  20. The Art of Technology, the Technology of Art - a16z crypto
    3 upvotes · 0 comments · · original on a16zcrypto.com

    This a16z crypto podcast episode features Berlin-based artist Simon Denny in conversation with editor in chief Sonal Chokshi about how technology has changed art and how artists have changed with technology. Denny says he was drawn to the optimism of technology entrepreneurs, which contrasted with the cynicism he found common in the art world. He describes making a 2013 artwork about the DLD conference in Munich, and he recalls that the 2007 iPhone launch and the marketing around it drew his interest in the intersection of art and technology. The conversation also covers debates over inventing versus remixing, commercialism and art, and whether there is an artistic monoculture today.

  21. Machiavelli for DAOs: Principles for fixing decentralized governance
    3 upvotes · 0 comments · · original on a16zcrypto.com

    The article argues that four Machiavellian design guidelines can fix decentralized governance in web3: governance minimization, a balanced leadership class under perpetual opposition, a pathway for continual upheaval of that leadership, and greater accountability for leaders. It says current DAO models have struggled with coordination, misaligned interests, accountability, vulnerability to attacks, and low participation. The piece notes that governance minimization has been advocated by Vitalik Buterin and implemented by Reflexer Labs and Liquity, and it outlines alternatives to token-based voting, such as proof of personhood and proof of participation. A companion piece is said to cover implementation.

  22. 17 misconceptions about SNARKs (and why they hold us back)
    3 upvotes · 0 comments · · original on a16zcrypto.com

    The article argues that common misuse of SNARK terminology, including "ZK" for "succinct," inconsistent meanings of "succinct," and confusion between SNARKs and STARKs, obscures important distinctions and creates real risks. It says "ZK-proof" is often used for succinct arguments that are not zero-knowledge, which led one SNARK library to be wrongly assumed private, and it recommends terms like "verifiable rollup" and "zkSNARK." It defines "succinct" as sublinear proof size and "work-saving" as sublinear verification time, so that schemes like those based on IPA/Bulletproofs still count as SNARKs. It also notes that STARKs are deployed non-interactively, making them SNARKs, and that the "STARK" label has caused some people to wrongly assume low security levels are appropriate.

  23. Personal and physical security for crypto founders, operators, and investors
    2 upvotes · 1 comment · · original on a16zcrypto.com

    Crypto founders, operators and investors face real risks of abduction, ransom and violence, and a former U.S. Secret Service agent with 25 years at the agency lays out daily habits to reduce them. Central advice includes avoiding conflict, staying in relaxed awareness, and not sharing personal details in public, illustrated by a stranger at a Miami bar who revealed his full name, employer, birthday, hotel, floor and room number within minutes. Other habits include keeping a deterrent in hand, checking hotel stairwells, and agreeing on fallback meeting points, and the Bond app is recommended for non-emergency help.

  24. Social Media For Startups
    2 upvotes · 1 comment · · original on a16zcrypto.com

    This a16z crypto article argues that startups should set realistic goals, target a specific audience, and focus on one or two social platforms rather than trying to be everywhere. It recommends that founders often use personal accounts, since people want to hear from people rather than brands, and that personal accounts have recently tended to outperform brand accounts on X. The article notes that platform rules change constantly, such as X downranking external links, so founders should stay willing to experiment with new content types. The text is cut off before it finishes its guidance on posting cadence.

  25. State of Crypto 2025: Stablecoins, institutional adoption, and AI
    2 upvotes · 0 comments · · original on a16zcrypto.com

    a16z crypto's State of Crypto 2025 report argues that crypto has matured into a meaningful part of the modern economy, driven by institutional adoption and stablecoins. The total crypto market cap crossed $4 trillion for the first time, and mobile wallet users reached all-time highs, up 20% from last year. Stablecoins handled $46 trillion in transactions over the last year, up 106%, or $9 trillion on an adjusted basis that filters out bots. Bitcoin and Ethereum exchange-traded products held over $175 billion in onchain crypto holdings, up 169% from $65 billion a year earlier.

  26. The month fintechs embraced stablecoins
    2 upvotes · 0 comments · · original on a16zcrypto.com

    Sam Broner argues that traditional payment companies are embracing stablecoins by building backwards-compatible products, which he compares to Skype's shift in voice calling. In the six weeks before the piece, Circle filed to go public on the NYSE on April 1, Mastercard and Visa launched stablecoin-linked card products on April 28 and 30, and Stripe announced Stablecoin Financial Accounts in 101 countries on May 7 and 8. Coinbase also introduced the x402 standard for stablecoin payments, and Visa partnered with BVNK on May 6.

  27. Scaling Ethereum Rollups with Helios
    2 upvotes · 0 comments · · original on a16zcrypto.com

    Helios, an Ethereum light client, is being expanded into a multichain light client so that rollup operators can verify cross-rollup messages without running full nodes for every chain they interoperate with. The team says it has implemented an OP Stack light client based on signed sequencer preconfirmations, which lets Helios sync on Optimism, Base, Unichain, World Chain, and other Superchain chains. The article says the team has also audited Helios's core L1 consensus verification, with a report to be published in the coming weeks, allowing bridges to use Helios for secure cross-chain message passing.

  28. State of Crypto Report 2024: New data on swing states, stablecoins, AI...
    2 upvotes · 0 comments · · original on a16zcrypto.com

    The a16z crypto 2024 State of Crypto report finds that crypto activity and usage reached all-time highs, with monthly active addresses hitting 220 million in September, more than triple the figure at the end of 2023. The increase is primarily attributed to Solana, which accounted for about 100 million active addresses. The report also highlights stablecoins, which it says recorded $8.5 trillion in transaction volume in the second quarter of 2024, more than double Visa's $3.9 trillion over the same period. It further reports that Pennsylvania and Wisconsin saw among the largest jumps in crypto search interest since 2020.

  29. Partnering with Stand with Crypto to Defend Artists & Creators - a16z crypto
    2 upvotes · 0 comments · · original on a16zcrypto.com

    Andreessen Horowitz announced a partnership with Stand with Crypto and several law firms to offer legal services and consultations to artists and creators facing potential government action or seeking to structure NFT projects in a compliant manner. The article says artists have been spared SEC scrutiny that most of the crypto industry has faced, but that this has begun to change, citing a lawsuit filed by singer-songwriter Song a Day Man and Brian Frye against the SEC. It also cites a Wells Notice the SEC issued to OpenSea. Andreessen Horowitz is contributing $1 million to the legal defense fund, following OpenSea's example.

  30. How NFT royalties work: Designs, challenges, and new ideas
    2 upvotes · 0 comments · · original on a16zcrypto.com

    NFT royalties were never actually enforced onchain, because NFT smart contracts cannot tell whether a transfer is a sale that should pay a royalty. Existing designs restrict transfers to enforce payment: blocklists block known royalty-circumventing applications and stay freely composable but can only react after circumvention, while allowlists permit only approved applications, enforcing royalties more strictly at the cost of composability. Both designs trade strict enforcement against open composability, and two new approaches that use incentive mechanisms to encourage respect for royalties are introduced without advocating either one.

  31. Jolt: a faster zkVM
    2 upvotes · 0 comments · · original on a16zcrypto.com

    Andrew Tulloch's team at a16z crypto... wait, the article does not name its author in the text. The article states that a16z crypto released an initial implementation of Jolt, a new SNARK design that it says is up to 2x faster than the state of the art. The post says Jolt builds on Lasso, a lookup argument released in August 2023, and uses the sum-check protocol, with a claimed 6x speedup over RISC Zero and up to 2x over SP1 on CPUs. The article says the initial version uses the Hyrax commitment scheme, that several optimizations are expected to add about 1.5x, and that replacing Hyrax with Binius is expected to yield an additional 5x speedup.

  32. The NFT Staircase: How digital ownership benefits brands and consumers
    2 upvotes · 0 comments · · original on a16zcrypto.com

    The article, excerpted from a book by Steve Kaczynski and Scott Duke Kominers, argues that NFTs can help national brands, international brands and local businesses build engaged communities. It presents a five-step framework called the NFT Staircase: ownership, utility, identity, community and evolution. The authors say ownership is verified independently of any platform, so a holder can move an NFT art collection by disconnecting a wallet from one platform and connecting it to another. They also cite examples such as a restaurant airdropping coupons to holders of "NFTickets" for a local sports game.

  33. Designing reward systems for web3 governance
    2 upvotes · 0 comments · · original on a16zcrypto.com

    The article argues that web3 governance could reward long-term civic participation through reputation-based systems rather than transferable tokens, which it says have limitations such as plutocratic tendencies, low sybil resilience, and incentives to sell and exit. It compares the tradeoffs of both models, noting that reputation-based governance likely suits meritocratic systems focused on long-term community alignment, while token-based governance is probably preferable for projects prioritizing scalability and liquidity. It also says that reputation systems may raise privacy concerns when tied to identity, which zero-knowledge proofs might address, and that combining tokens and reputation is one possible design, citing Optimism's bicameral house.

  34. Decentralization for Web3 Builders: Principles, Models, How
    2 upvotes · 0 comments · · original on a16zcrypto.com

    The article argues that decentralization for web3 should be treated as a single design challenge spanning technical, economic, and legal elements, since design decisions in one area affect the others. It says programmable blockchains, composable smart contracts and digital assets make decentralized systems able to coordinate and operate at new levels, though the more familiar DeFi models may not fit more complex products. For the legal element, it focuses on U.S. securities laws and the Howey test, suggesting a system may be "sufficiently decentralized" if it eliminates significant information asymmetries and reliance on the managerial efforts of others. The article notes that most businesses will not meet this threshold.

  35. Atomic and fair data exchange via blockchain
    1 upvote · 6 comments · · original on a16zcrypto.com

    A new paper from a16z crypto outlines the Fair Data Exchange (FDE) protocol, which lets a storage server transfer a data file to a client atomically, so the client receives the file if and only if the server receives an agreed-upon payment. The protocol uses a blockchain to enforce fairness and a new cryptographic primitive, Verifiable Encryption under Committed Key (VECK), to prove that off-chain encrypted data matches a specified commitment before the decryption key is sold on-chain. According to the article, a single FDE run on Ethereum costs about 200,000 gas for the server (under 10 USD) and about 30,000 gas for the client (under 1 USD).

  36. Stablecoins: Payments without intermediaries
    1 upvote · 1 comment · · original on a16zcrypto.com

    Stablecoins, cryptocurrencies pegged to assets like the U.S. dollar, are presented as a way to bring the internet's open, intermediary-free model to money, with the article arguing that clear regulation is needed to unlock adoption. The article says international remittances can cost up to 10% in fees, and that sending $200 from the U.S. to Colombia costs $12.13 by traditional methods versus $0.01 with stablecoins. It cites stablecoins moving $15.6 trillion in value in 2024, roughly matching Visa's volume, and says Stripe offers 1.5% on crypto checkout, half what incumbents charge.

  37. 6 use cases for DePIN
    1 upvote · 0 comments · · original on a16zcrypto.com

    Decentralized Physical Infrastructure Networks (DePIN) are presented as an alternative to monopolistic, opaque infrastructure, with use cases across six categories: energy, telecom, transportation, AI, robotics and healthcare. The article cites Daylight, which is building a protocol that lets owners of solar panels and other grid-connected devices sell energy and information back to energy companies. It describes Helium as the first at-scale decentralized telecom network, which began with a LoRaWAN network for IoT devices and later added a 5G cellular network. For AI, it says DePIN can aggregate unused chips from gaming PCs and data centers into a permissionless compute marketplace.

  38. How stablecoins become money: Liquidity, sovereignty, and credit
    1 upvote · 0 comments · · original on a16zcrypto.com

    Stablecoins can realize their potential only if they function as a unified part of the monetary system, with all money interchangeable at par. Current stablecoins fall short: a $5M conversion on an automated market maker would return less than $5M because of slippage, and direct redemption is largely limited to institutional or verified users, such as Tether's threshold of about $100,000. Widespread dollar stablecoin use could weaken local policymakers' control over interest rates and exchange rates, and the proposed remedies include clearinghouses, neutral collateral layers, and local-currency stablecoins.

  39. Quantum Computing: What, When, Where, How - a16z crypto
    1 upvote · 0 comments · · original on a16zcrypto.com

    This a16z crypto episode explains quantum computing, what it can and cannot do, and why cryptographers worry about it, with guests Dan Boneh and Justin Thaler in conversation with Sonal Chokshi. Dan Boneh describes Richard Feynman's idea that quantum experiments can perform computations classical computers cannot, and says Shor's algorithm could break RSA, ECDSA and other public-key systems on a large enough quantum computer. Justin Thaler says the pop-science idea that quantum computers perform vast parallel work is a misconception, since they likely cannot solve arbitrary search problems much faster than laptops today.

  40. Security audit secrets to success - a16z crypto
    1 upvote · 0 comments · · original on a16zcrypto.com

    The article, an a16z crypto post by a reviewer with hundreds of security assessments over a decade, argues that companies can improve audit outcomes by preparing carefully before, during and after a review. It stresses setting realistic goals, such as getting a sense of key management security or finding ways to exploit smart contracts to siphon funds, rather than "find all the vulnerabilities." It advises engaging two or three vendors early, since specialized cryptography audits may require pushing timelines back by at least 2–3 months. It also says that communicating priorities to the auditors is "the single most important factor" for audit quality, according to the author's experience.

  41. Why DePIN matters, and how to make it work
    1 upvote · 0 comments · · original on a16zcrypto.com

    DePIN, or decentralized physical infrastructure networks, could break the natural monopolies of utilities and telecoms by letting users and small businesses own and operate essential services, producing networks that are more robust, transparent and competitive. Helium deployed one of the largest LoRaWAN networks globally without a large upfront hardware investment from a single entity, because users bought routers directly from manufacturers and became network operators. Filecoin aggregates unused space on ordinary hard drives into a cloud storage provider, and Daylight is building a decentralized virtual power plant that lets energy companies temporarily control user-owned grid devices for a fee.

  42. Making the U.S. the crypto capital: What it would take
    1 upvote · 0 comments · · original on a16zcrypto.com

    This a16z-style roundup, titled "Making the U.S. the crypto capital: What it would take," argues that the U.S. is shifting from a combative stance toward crypto to a supportive one that offers clearer rules for builders. It cites the appointment of an AI & Crypto Czar and an executive order backing blockchain development at the White House, plus the SEC's new crypto task force and its repeal of Staff Accounting Bulletin 121. The piece then gathers 11 expert views on topics including taxes, staking, decentralization and stablecoins, which it presents as considerations for policymakers.

  43. Why decentralization matters, and needs incentives
    1 upvote · 0 comments · · original on a16zcrypto.com

    Decentralization matters for everyday digital life, and the article argues that lawmakers should now create incentives for projects to decentralize, not only protect against centralized risks. It says blockchain technologies have made decentralization workable at scale, citing a crypto market cap above $3 trillion and an estimated 30-60 million real users transacting monthly. It proposes tailored rules for DeFi, lighter disclosure and selling restrictions for digital assets that broadly disperse ownership, and removing intermediary-based tax and compliance obligations where no intermediary exists.

  44. A new (digital) age at the SEC
    1 upvote · 0 comments · · original on a16zcrypto.com

    This op-ed argues that the SEC must update its approach to crypto, which it calls harmful enforcement and abdication of regulation, and it proposes immediate regulatory adjustments while legislation is pending. Among the proposals are interpretive guidance so blockchain projects can distribute airdrops without being treated as securities offerings, and expanded Regulation Crowdfunding limits, with one example of up to $75 million. It also urges repealing SEC Staff Accounting Bulletin 121, which the author says moves custodied crypto assets onto custodians' balance sheets, and restoring a market-size test for crypto ETP listings.

  45. A long-term view of crypto policy
    1 upvote · 0 comments · · original on a16zcrypto.com

    The firm a16z says it will keep supporting policymakers of any party who work toward a practical crypto regulatory framework, and that Congress should act now. It is contributing over $23 million in additional funds to Fairshake and its affiliated PACs for the 2026 midterm cycle. The article also urges passage of comprehensive market structure legislation for digital assets, pragmatic stablecoin laws, and a pathway to compliance for builders of non-centralized networks. It cites more than 40 million Americans owning crypto and $65 billion in onchain holdings across Bitcoin and Ethereum ETPs.

  46. Fixing the economics of being a creator
    1 upvote · 0 comments · · original on a16zcrypto.com

    Chris Dixon argues that creators are not yet getting a fair economic deal from tech platforms, and that blockchain-based networks offer a structural fix by shifting ownership from platforms to creators and fans. He says platforms hold audiences captive, with take rates of nearly 100% for Instagram and X and nearly 50% for YouTube, while blockchain-enabled creator platforms charge as little as 1% to 2.5%. He contends that regulation and appeals to platforms like Apple, such as Vulfpeck's Jack Stratton's call for a 90/10 revenue split, are only partial remedies.

  47. DAO research: A roadmap for experimenting with governance
    1 upvote · 0 comments · · original on a16zcrypto.com

    Authors Andy Hall and Eliza Oak propose that DAOs and web3 governance can serve as a laboratory for social scientists studying how constitutional features shape behavior in democratic governance. The article outlines five research areas: voter turnout, reward based on merit rather than token wealth, institutional design such as vetoes and bicameralism, representation, and strategic behavior. It notes that Ethereum Attestation Service (EAS) is being used by multiple projects to base governance power on earned reputation, and that the Cosmos Hub recently piloted a citizen's assembly for controversial community decisions.

  48. Apple iCloud: Doing this 1 thing can help stop hacks - a16z crypto
    1 upvote · 0 comments · · original on a16zcrypto.com

    Remote takeovers of iCloud accounts, especially those of crypto holders, are becoming more common, and the article says setting a recovery key is the most important step to prevent them. It explains that attackers typically pass Apple's account recovery process by calling a carrier to get a SIM card enrolled for the victim's number or to have calls and texts forwarded, then using the recovery codes sent to that number. Attackers may also keep stolen accounts indefinitely by changing the trusted phone number or setting their own recovery key. The article adds that Apple allows a minimum of 10 passcode attempts, and that users should choose a passcode that is not easily guessable.

  49. A few of the things we’re excited about in crypto (2024)
    1 upvote · 0 comments · · original on a16zcrypto.com

    a16z's crypto partners list several developments they expect in the year ahead, including decentralized governance, better user experience, and AI-blockchain integration. Miles Jennings argues that decentralization matters because it lets systems resist the control of a few leaders, and that web3's experiments are producing better governance practices. Eddy Lazzarin says new tools such as passkeys, smart accounts, and embedded wallets could reset crypto's user experience, which has changed little since 2016. Andy Hall, Daren Matsuoka, and Ali Yahya argue that decentralized networks could democratize AI development. Other sections cover play-to-earn games, formal verification of smart contracts, NFTs as brand assets, and SNARKs.

  50. Web3 with a16z podcast
    1 upvote · 0 comments · · original on a16zcrypto.com

    The a16z crypto podcast, produced and hosted by the a16z crypto team, presents conversations about how decentralized networks are reshaping money, ownership, and internet architecture. Episodes feature founders, engineers, economists, policymakers, and researchers discussing topics such as stablecoins and global payments, tokenization of real-world assets, decentralized physical infrastructure, and network governance. The show says it aims to look past hype at what is working, what is not, and what comes next as crypto goes mainstream.

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