This is an excerpt of a16z crypto’s State of Crypto. The full report should be read in its entirety for important disclosures and context. None of the above should be taken as investment advice or an advertisement for investment services; see http://
a16z.com/disclosures for further
@cdixon
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a16z Crypto State of Crypto Report Key Insights
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Story Protocol Investment: Decentralized IP Rights Platform
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My blog post on our @storyprotocol investment, with @carrawu
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Story Protocol Raises $80M Series B for AI Creative Infrastructure
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Today we’re announcing that @a16zcrypto is leading an $80M Series B financing of PIP Labs, developer of @storyprotocol
. We want to help Story become the infrastructure for AI systems and creative people to happily co-exist. For decades, the internet has operated on an implicit -

Read Write Own published in Korean translation
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Out today: Read Write Own in Korean. (First of many international versions) https://
m.yes24.com/Goods/Detail/1
29085202
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US Decentralized AI Innovation Strategy Against China Competition
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“The United States’ advantage is decentralized and open innovation. Some people argue that we must close our models to prevent China from gaining access to them, but my view is that this will not work and will only disadvantage the US and its allies. Our adversaries are great at
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Reducing Network Effects and Lock-in to Limit Pricing Power
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Yes, to reduce pricing power you need to reduce network effects and lock-in
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Software Pricing Power: Network Effects and Lock-in Dynamics
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Software’s pricing power doesn’t derive from its development costs. Instead, generally, it derives from either – network effects (consumer) or – lock-in/reference selling (prosumer and enterprise).
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Stand With Crypto membership surges to 900k in 17 days
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Stand With Crypto went from 500k to 900k members in the last 17 days.
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President Vetoes SAB121 Repeal Despite Bipartisan Senate Support
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We’re incredibly disappointed, but not surprised, that the President has vetoed the repeal of SAB121. 60 Senators on both sides of the aisle saw how this could protect consumers in the digital asset market and we were hopeful that the President would recognize that. It’s more
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Building New Models Makes Obsolete Existing Reality
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You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete. —Buckminster Fuller.