The 'kumbaya' era of crypto VC has come to an end

Haseeb Qureshi is a managing partner at the crypto VC firm Dragonfly. In this episode of The Scoop, Qureshi explains how the crypto VC landscape has changed during his five years at Dragonfly and why he believes 'points' are a more useful mechanism than airdrops for incentivizing user behavior. OUTLINE 00:00 Introduction 05:41 Dragonfly Early Days 09:45 Early Crypto VC 13:14 Competing in Layer-1s 26:11 Old Blockchains 29:26 Points 31:47 Airdrop Mechanism Design 37:38 Closing Thoughts