{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Scoop","title":"a16z’s Chris Dixon on the state of the crypto market: Exclusive","html":"","width":"100%","height":180,"duration":3452,"description":"To date, Silicon Valley-based VC firm a16z has raised over $7.6 billion to invest in crypto and web3.\nIn this episode of The Scoop, a16z General Partner Chris Dixon shares some of the guiding principles that determine a16z’s investments in the crypto space and explains why the time is ripe for decentralized networks to replace centralized, corporate networks.\nAccording to Dixon, both a16z and other VC firms have begun to shy away from investing in projects building on top of corporate networks:\n“Our firm and others do not invest in things anymore that are building on these networks — on these corporate networks like Facebook and TikTok and things — because they know we've seen before that if you're successful, they'll just take all the money.”\nWhile corporate networks had initial advantages such as access to VC funding and the ability to subsidize parts of their business models, Dixon believes decentralized networks have matured to the point where they are ready to take on their corporate counterparts.\nAs Dixon explains,\n“Now we have the tools, I believe we, meaning the side of people that want things to be open and community-owned through blockchains, now have the tools to rival corporate networks and beat them.”\nEpisode 126 of Season 4 of The Scoop was recorded remotely with The Block's Frank Chaparro and a16z General Partner Chris Dixon.\nListen below, and subscribe to The Scoop on Apple, Spotify, Google Podcasts, Stitcher or wherever you listen to podcasts. Email feedback and revision requests can be sent to podcast@theblockcrypto.com.\nThis episode is brought to you by our sponsors Tron, Ledn, Athletic Greens\nAbout Tron\nFounded in 2013, Huobi Global is one of the largest virtual asset exchanges in the world. Huobi Global serves millions of users across international markets. Since its establishment, Huobi Global has committed to providing first class virtual asset investment services. Huobi Global's robust infrastructure, product innovation and capital...","thumbnail_url":"https://img.transistorcdn.com/kC6kzNjgr18dm0FmBfV_f9xccAkjj-QXoCJmVNlNtrU/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS8xZmIz/N2E5MmRmMzJjOTU3/OTNhYjJkYzcxZTlj/MTU2Yi5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}