Research Summary
The report discusses a16z Crypto’s investments in consumer-focused companies such as Proof of Play, Blackbird, and IYK. It also highlights the recent increase in floor prices for top Ethereum-based NFT collections, despite a decrease in NFT trading volumes on Ethereum and Solana. The report further mentions Farcaster, a decentralized social platform, which has maintained consistent user engagement and recently transitioned to a permissionless model.
