2 years ago
A16z, besides known arsenic Andreessen Horowitz, the task superior (VC) institution that has invested millions successful crypto-related projects, has announced the motorboat of its ain crypto probe lab. This caller inaugural seeks to wed world probe with producing ideas and putting them into signifier successful startups and organizations successful which the institution is heavy invested.
A16z Announces It Will Conduct Blockchain Related Academic Research
Andreessen Horowitz, an enactment with dense investments successful crypto and Web3 startups, has announced the motorboat of the a16z crypto probe lab, an inaugural that volition fto the institution tackle the challenges the assemblage presents. The institution considers that the crypto and Web3 assemblage has “emerged arsenic a caller frontier successful technology, and it has matured into an autarkic tract of cognition that brings unneurotic elements of machine science, economics, finance, and the humanities”
This imaginable the VC steadfast sees successful the blockchain situation is what is fueling its dedication to trying to lick each the caller problems that the crypto situation faces, combined with the quality to enactment these resolutions to the test. On this, a16z stated:
There is an accidental for an concern probe laboratory to assistance span the worlds of world mentation with manufacture practice, and to assistance signifier crypto and web3 arsenic a ceremonial country of survey by bringing unneurotic the precise champion probe endowment from the assorted disciplines that are applicable to the space.
The laboratory volition beryllium headed by Tim Roughgarden, a researcher and machine subject prof astatine Stanford and Columbia, and Dan Boneh, prof of machine subject and electrical engineering astatine Standford, wherever helium besides leads the Center for Blockchain Research.
Practical Focus successful Mind
A16z has created this inaugural with a applicable absorption successful mind, applying the solutions designed and recovered via probe to portion of the companies successful which a16z has important investments.
Be it DAOs (decentralized autonomous organizations), decentralized finance, oregon NFT Gamefi projects, the a16z crypto laboratory volition person 4 teams directed to marque companies successful the a16z portfolio make ideas for solving hard unfastened problems, instrumentality these solutions successful code, marque definite these solutions comply with regulations, and stock these findings with the crypto community.
The institution aimed to rise $4.5 cardinal for 2 antithetic crypto-related funds successful January, with $1 cardinal being directed to the financing of caller startups successful the field.
What bash you deliberation astir a16z’s caller crypto probe lab? Tell america successful the comments conception below.
Sergio Goschenko
Sergio is simply a cryptocurrency writer based successful Venezuela. He describes himself arsenic precocious to the game, entering the cryptosphere erstwhile the terms emergence happened during December 2017. Having a machine engineering background, surviving successful Venezuela, and being impacted by the cryptocurrency roar astatine a societal level, helium offers a antithetic constituent of presumption astir crypto occurrence and however it helps the unbanked and underserved.
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