Dfinity announced the Tungsten release of its “Internet Computer” project on June 30, officially opening up the platform to third-party developers. To mark the occasion it demonstrated CanCan, an open alternative to TikTok built with under 1000 lines of code. So what is the Internet Computer? The Internet Computer is a decentralized and non-proprietary network to run the next generation of mega applications. It gives developers and entrepreneurs the chance to build and develop software on an open network that is purportedly free from platform risk. Dfinity founder and chief scientist Dominic Williams explained, “Currently, whether you are building on …

Andreessen Horowitz, or a16z, expects more Libra competitors to enter the space, seeing “an opportunity for a new financial network." As the venture firm’s general partner Katie Haun told Bloomberg in an interview published Monday, a16z expects money to become largely digital in 10 years, akin to music, books and other things that have moved online. Haun clarified that platforms such as Venmo and PayPal are not a necessarily accurate example of digital money, as they rely on traditional banks’ "IOUs." Instead, she outlined a crypto-related category called “internet money,” which includes Facebook-backed stablecoin project Libra and open-source payments network …

The crypto space is well over a decade old with more than 5,500 different cryptocurrencies and a market capitalization north of $250 billion. Researchers at American venture capital firm Andreessen Horowitz say the 11-year old industry is in its fourth supercycle with the three previous epochs culminating in distinct developments that have gone on to shape the market as a whole. In a report issued earlier in May, the VC firm posited that despite the apparently chaotic nature of the crypto market, each previous cycle has proceeded in roughly the same order. According to the report, every new stage begins …

Venture capital firm Andreessen Horowitz thinks the past growth of social media, developers, prices, and startups among cryptocurrencies could mean a crypto cycle favorable to investors in the future. The United States-based company released a report on May 15 analyzing cryptocurrencies during three cycles, peaking in 2010, 2013, and 2017. According to the firm, the compound annual growth rates (CAGR) from 2010 to the present shows ”choppy yet consistent growth in all of [these] key metrics.” Source: Andreessen Horowitz “The 2017 cycle spawned dozens of exciting projects in a wide range of areas including payments, finance, games, infrastructure, and web …

Venture capital firm Andreessen Horowitz — also known as a16z — has started releasing an online version of "Crypto Startup School," its seven-week education course for industry entrepreneurs. Two lectures from week one were published on May 13 via TechCrunch, while the rest of the material will eventually become available on the investment giant’s website. Lectures from crypto execs and professors are on the way Titled "Crypto Networks and Why They Matter," the first talk was held by a16z general partner Chris Dixon, who argues that blockchains can become the next major computing platform after smartphones and the web, unlocking …

Top venture capital firm Andreessen Horowitz is expanding its presence in the crypto sector. The United States-based company has raised $515 million for its second crypto-focused fund, according to an April 14 article on Fortune. Earlier reports suggested that Andreessen Horowitz, also called a16z, was hoping to accumulate $450 million in capital for the new vehicle, meaning that the firm has surpassed the initial goal by $65 million. The new fund will focus on blockchain startups Similarly to Andreessen Horowitz’s first crypto-oriented fund, which raised $300 million in 2018, the new endeavor will reportedly focus on blockchain projects, although the …

Private venture capital firm Andreessen Horowitz may have plans for another crypto asset fund. Established by Marc Andreessen and Ben Horowitz over 10 years ago, the firm looks to start its second crypto investment fund, hoping to garner $450 million in capital for the endeavor, Financial Times said in an April 14 article, citing sources familiar with the situation. The firm is known in crypto Also going by the name a16z, Andreessen Horowitz provides tech companies and visionaries with funding. The outfit has three funds used for investment in startups and the like, including the $350M Crypto Fund. Andreessen Horowitz …

Looking ahead to what we can expect by the new decade’s end, VC firm Andreessen Horowitz predicts that Bitcoin (BTC) is likely to be central to the monetization mechanisms that future online influencers will use. In its Dec. 30 vignette of a highly automated future — where food is tailored to an individual’s microbiome and lifestyle in a “roboticized kitchen,” and VR and avatars are part and parcel of everyday business workflows — Andreessen Horowitz writes that by 2030: “The influencer can reach hundreds of her fans instantaneously. In turn, the fans can get paid instantly for giving this feedback. …

After crypto prices went through the roof in 2017, an eruption of new tokens, companies and products occured. With such a high level of consumer and corporate interest, many promising projects were inevitably lost in the crowd. Fortunately enough, some of cryptocurrency’s biggest names offer their services to a select few projects that are they have deemed promising. Companies that pick and nurture these future projects are known as incubators. Since mid-2018, many fortunate companies have been guided through their developmental stages by such companies. While being selected by a prominent incubator gives a company a huge advantage over its …

Venture capital firm Andreessen Horowitz (a16z) has shared a list of instructors for its free, seven-week crypto startup school, scheduled to launch in February 2020. On Dec. 11, the venture capital firm announced that experienced entrepreneurs, builders, investors and experts in the cryptocurrency and blockchain industry will coach students by sharing lessons they’ve learned, bring new project ideas, and share information to help them get started in the cryptoverse. The list of crypto startup school instructors includes top entrepreneurs and technologists like general partner at Andreessen Horowitz Chris Dixon, professor of computer science at Stanford University Dan Boneh, and Brian …

Venture capital firm Andreessen Horowitz (a16z) is launching a free, seven-week crypto startup school, scheduled to kick off in February 2020. The firm — well-known for its investments in crypto industry names such as Coinbase and Ripple — publicly announced the program on Nov. 8. Free materials online for the general public According to the announcement, the program — which will entail lectures held in person in Menlo Park, California — will cover a broad curriculum for those seeking to found blockchain startups. In parallel, videos and curriculum materials will be freely accessible online. A16z has stressed it will not …

Crypto investment fund 1Confirmation, backed by tech billionaire Peter Thiel, has raised $45 million for its second fund. Following the raise, 1Confirmation has over $75 million in assets under management for investing in new projects in the crypto industry, the firm’s founder Nick Tomaino announced on Sept. 25. San Francisco-based 1Confirmation is one of the earliest crypto investment firms that have high-profile backers such as PayPal co-founder Thiel, billionaire investor Mark Cuban, Andreessen Horowitz’s co-founder Marc Andreessen, and global private equity fund-of-funds Horsley Bridge, the post notes. $60 million initially projected: report Tomaino, a former employee at major United States-based …