Crypto VCs in Fiery Clash: Do Non-Financial Use Cases in Web3 Have a Future?

Top venture capitalists in the crypto world are locked in a heated online battle. The big question? Have in Web3 and blockchain truly failed, or is their best time still coming? This shows deep splits in how investors see the future of crypto beyond money-making apps.

What Sparked the ?

The fight kicked off on a Friday when Chris Dixon, a top leader at a16z crypto, dropped an article. He said in crypto have not grown because of years of scams, bad behavior that rips people off, and tough rules from regulators.

Think about apps like decentralized social media where users own their data, tools for digital identity that keep your info safe on blockchain, streaming platforms without big tech middlemen, systems for digital rights, and Web3…

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