At the end of April, a new crypto fund entered the market. Endowed with $ 515 million and launched by the famous investor Andreessen Horowitz, it aims to take advantage of the next growth cycle.
For his investment company a16z, the crypto and blockchain industry has experienced three main cycles of growth and innovation to date. And she expects a fourth. In a market analysis, the fund recognizes that the course of this industry has been marked by turmoil.
"Even if the cycles of crypto seem chaotic, they have generated, in the long term, a constant growth of new ideas, codes, projects and start-ups "Nevertheless considers the a16z investment team.
"Technology experts and entrepreneurs will continue to advance crypto in the years to come," she adds. And to anticipate this future growth, Horowitz therefore bases itself on the three previous cycles observed.
"A key feature of crypto cycles is that everyone plants seeds which then grow and lead to the next cycle "Said the investor. And the last seeds would therefore have been sown during the last cycle, between 2016 and 2019.
"The third cycle, which peaked in 2017, is one where the broader implications of crypto have captured the attention of the general public. This cycle has again multiplied by around 10 the number of developers and start-ups in the field. Crypto has left the periphery to become a real start-up sector, ”analyzes a16z again.
To base its hopes on a fourth cycle, the investment fund relies on several indicators: Bitcoin growth, number of startups created, activity on social networks and contributions from developers.
The emergence of several major projects on the market during the period also constitutes a favorable indicator.
The 2017 cycle has spawned dozens of exciting projects in a wide range of areas, including payments, finance, gaming, infrastructure and web applications. Many of these projects will be launched in the near future, and could lead to a fourth cycle of crypto, ”said the VC.
However, the latter does not go so far as to predict the date of the next cycle. The investments made by the Crypto Fund II should, however, give indications as to the crypto applications that will drive the new growth cycle.
The a16z fund already has holdings that could act as indices: the exchange of YdX derivatives, the Dfinity cloud platform, from provider stablecoin Maker or even the "privacy-first" cloud actor Oasis Labs.
Mining on RTX 3070. Overclocking, tuning, profitability, consumption: If you are interested in finding more…
Mining with GTX 1660, 1660 Ti, 1660 Super. Overclocking, settings, consumption, profitability, comparisons - If…
Mining with RTX 2070 and 2070 Super. Overclocking, profitability, consumption, comparison What the RTX 2070…
Mining with RTX 3060, 3060 Ti. Limitations, overclocking, settings, consumption, profitability, comparison Let's look at…
Alphacool Eisblock Aurora Acryl GPX-A (2022) with Sapphire Radeon RX 6950 XT Nitro+ Pure in…
In the ever-evolving landscape of business strategy, Bitcoin has emerged as a pivotal asset. With…
This website uses cookies.