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Today: September 27, 2024
April 3, 2024
1 min read

Crypto VC’s ‘Kumbaya’ Era Over, Dragonfly’s Haseeb Qureshi Declares

TLDR:

  • Haseeb Qureshi from Dragonfly discusses the increasingly competitive landscape of crypto VC.
  • Qureshi believes ‘points’ are a more useful mechanism than airdrops for incentivizing user behavior in the crypto space.

In a recent episode of The Scoop, Haseeb Qureshi, managing partner at Dragonfly, shared insights into the changing landscape of crypto venture capital. Qureshi highlighted the end of the ‘kumbaya’ era in crypto VC, emphasizing the growing competition in the industry. He also discussed the shift towards using ‘points’ as a more effective mechanism for incentivizing user behavior compared to airdrops.

The podcast covered various topics related to crypto VC, including the early days of Dragonfly, competition in Layer-1s, the impact of old blockchains, and the design of airdrop mechanisms. Qureshi’s perspective on the evolution of the crypto VC space offers valuable insights for industry professionals and investors.

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