Crypto VCs in Fiery Clash: Does the Future Hold for Non-Financial Web3 Use Cases?
The crypto world is buzzing with a major debate among top venture capitalists. Leading investors are clashing online over one big question: Do non-financial use cases in Web3, like social media, gaming, and identity tools, have a real future? Or have they already failed? This fiery exchange reveals deep divides in how VCs view the path forward for blockchain beyond simple money apps.
The Spark: Chris Dixon’s Bold Defense
It all started on a recent Friday when Chris Dixon, a general partner at a16z crypto, published a detailed article. Dixon argues that non-financial apps in Web3 have struggled to grow not because of flaws in the ideas themselves, but due to external roadblocks. He points to years of scams, shady actors exploiting users,…
