Crypto Protocols
topic on 4 shows · 9 statements across 9 episodes
the Y Combinator Startup Podcast
Capital Allocators
the a16z Podcast
20VC
9 statements about Crypto Protocols, every show
Garg: Crypto startups need Discord governance and validators, not sales recruiting
“So I think crypto protocols and businesses need an entirely different kind of services layer. And so you don't need a board member that helps you figure out how to interview a VP of sales. You need people sitting in your discord helping you do distributed gove…”
Xie: Permissionless NFT composability contrasts sharply with traditional closed intermediary systems
“It's really powerful when you can plug these NFTs into all these different crypto protocols, because in a traditional system, these middlemen aren't plugging themselves into all these other companies and middlemen. You can kind of freely do whatever you want w…”
Dixon: Crypto will reinvent Airbnb, WhatsApp, and Lyft by 2030
“Hospitality, services like Airbnb, messaging, things like WhatsApp, ride sharing, services like Lyft, you know, I think all of these, I believe we'll see over the next decade, all of these things kind of reinvented.”
Monegro: Crypto value accrues where service costs are highest
“Value will accrue to where there is the highest cost. And it doesn't really matter where in the layer that is. It matters more what is the kind of service that's being provided and what is the cost of that service.”
Slow Ventures avoids dApp investments to focus on crypto protocols
“First, we, I generally don't invest in dApps. Again, like we're much more focused on protocols. There are very few exceptions we would make to that.”
Dixon: Open-source crypto protocols will win just like Linux did
“The fact that it's open, and anyone can take it, and hack it, and fork it, and look at it, and audit it, and do all these things, like, this is why Linux won, right? And this is why all this stuff is going to win.”
Johnson: Crypto marks first time governance is built into software code
“But now really for the first time, the governance is actually built into the code”
Garg: Crypto protocols achieve secondary liquidity in two to four years
“The fact that many of these protocols or companies can go public, so to speak, onto these markets, onto the secondary markets in two or three or four years instead of seven to 10 years from an investor's perspective is a huge advantage.”