Virtual Goods

topic on 1 show · 2 statements across 2 episodes

the a16z Podcast

2 statements about Virtual Goods, every show

a16z Insight
Horowitz: Meme coins function as a new class of virtual goods
“Memes are, you know, can have value and meme coins can definitely have value in the sense that, you know, that it's sort of a virtual good. It's a little different, you know, it's a different, it's a new kind of virtual good in that you know, they're very fung…”
Ben Horowitz Oct 22, 2024 ▶ 23:54 Truth Terminal - The AI Bot That Became a Crypto Millionaire
a16z Insight
Dixon: NFTs act as virtual goods enabling adjacent monetization for traditional media
“One of my core arguments for NFTs is it does for other forms of media, what virtual goods did for video games. NFTs are virtual goods. They're an adjacent layer of value where you can monetize different things and then give away some of the media.”
Chris Dixon Feb 28, 2024 ▶ 1:25:10 Future of Crypto, Blockchain & Web3 w/ Chris Dixon

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