Crypto & Decentralization

After a decade of crypto-native exploration — DeFi, DAOs, NFTs — we're entering the era of crypto-enabled apps that look like normal web apps but have superpowers under the hood.

I think of AI and crypto as two very different, but very much related, elements of society moving from the industrial age to the digital age. At USV, we (along with lots of others over the years) have used the Carlota Perez framework, which studies how techno-economic paradigms unfold over eras. Ben...