UNCHAINED: A16z Crypto’s Chris Dixon on How Blockchains Can Save the Internet

The well-known venture capitalist has published a book, Read Write Own, about how the concentration of power into the hands of a few Internet behemoths is bad for entrepreneurs and society at large.  Sign up for our free newsletter here! Listen to the episode on Apple Podcasts, Spotify, Fountain, Overcast, Podcast Addict, Pocket Casts, Pandora, Castbox, Google Podcasts, Amazon Music, or on your favorite podcast platform. Chris Dixon, founder and managing partner of a16z crypto, believes the Internet’s early ideals of democratization and community ownership have been subverted by the consolidation of power into just a few small companies like Facebook and Google. He’s written a new book called Read Write Own in which he writes about this phenomenon and argues that blockchain technology can help reverse the trend by providing an environment in which developers and entrepreneurs can once again build direct relationships with their audiences.  Dixon joins Unchained to discuss criticisms of crypto VC firms, how he feels now about a16z’s previous investment in Facebook, how crypto has become overly politicized in the U.S., why Facebook’s Libra project was ultimately shut down, the significant promise of restaking and EigenLayer in particular, and why he believes that creator royalties are essential for the NFT market.   Show highlights | What inspired Chris to write his new book and why he thinks the crypto industry is misunderstoodWhat the current problems of the Internet are and how do just a few companies control most of the revenueHow Chris explains the concept of blockchains to the laymanThe importance of property rights in the real world and how blockchains make this betterHow Chris responds to the criticism that venture capital firms “dump on retail” and  what a proper allocation of tokens to VCs isWhat the best designs are to achieve good governance in decentralized networksHow the crypto industry has become politicized in the U.S. What Chris thinks about a16z’s investment in FacebookWhy Facebook’s Libra project was shut down and his takeaways from the ventureWhat lessons did Chris learn from the 2022 crypto debacle, with the collapse of FTX, Terra, Celsius, 3AC, etc?Where Chris sits in the debate about modular vs. monolithic networksHow restaking and EigenLayer could “unlock a bunch of new design possibilities,” according to ChrisThe role of open source software in driving a better environment and better projectsHow decentralized social networks could attract new levels of adoption Whether creator royalties are necessary and why Chris believes that they are “non-negotiable” Thank you to our sponsors!  Popcorn Network Guest |  Chris Dixon, founder and managing partner of a16z crypto, author of Read Write Own Previous appearance on Unchained: Chris Dixon on How Trust Is the Best Lego Links |  Tokenomics Unchained: What Is Tokenomics? A Beginner's Guide Venture Capital Unchained: Does Venture Capital Investment Violate the Ethos of Crypto? Sequoia Says No Modular vs. monolithic Unchained:  Three Crypto Pioneers on Crypto’s Monolithic vs. Modular Debate What Are Modular Blockchains? A Beginner's Guide Restaking Unchained:  Do You Need to Think Twice Before Restaking Your Assets?  What Is Ethereum Restaking? A Beginner's Guide Royalties Unchained: Are NFT Royalties the Way? How to Build a Sustainable Creator Economy The Chopping Block: Two on Two Debate: NFT Royalty Throwdown! The 2022 debacle Unchained: Collapses, Bankruptcies, and Fraud: How 2022 Became the Year of Crypto Carnage SocialFi Unchained: What Is SocialFi? A Beginner’s Guide Crypto & AI Unchained: When AI and Blockchain Meet, How Can Each Technology Benefit? The Chopping Block: Why AI Will Change the Course of History in Crypto Unchained Podcast is Produced by Laura Shin Media, LLC.  Distributed by CoinDesk. Senior Producer is Michele Musso and Executive Producer is Jared Schwartz.  See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.