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Introducing the 2022 State of Crypto Report (a16zcrypto.com)
9 points by yarapavan on May 17, 2022 | hide | past | favorite | 9 comments



"According to our analysis, web3 paid out $174,000 per creator, while Meta paid out $0.10 per user, Spotify paid out $636 per artist, and YouTube paid out $2.47 per channel. Web3 is tiny but mighty."

If you like me are wondering what this sentence means: According to the slide deck, they arrived at $174,000 by taking the aggregate sales of NFTs on OpenSea ("Includes ETH-denominated primary sales...plus creator royalties from secondary sales", says a footnote there) and dividing by 22,400 "creators", which I guess means accounts selling NFTs.


“Crypto is already making a real world impact”

Wow, and after only 14 years! Amazing.



Yes!! We keep building, this is just the beginning


There you go. Please ignore the extreme crypto-skeptics, and continue to build.


I consider myself a realist, not a skeptic

There are a few, narrow applications, but for most, in reality, the hard problems are not technical and cryptos have the same problems, many cases worse than what we have today.

Web3 is a ruse and marketing term


Absolutely!! We are on bircle.io! Take a look!


build build build


We at bircle.io are just starting




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