Daren Matsuoka @DarenMatsuoka Twitter profile | Pikagi

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Daren Matsuoka

@DarenMatsuoka

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engineering / data science @a16zcrypto

Joined June 2013

Don't wanna be here? Send us removal request.

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@DarenMatsuoka

Daren Matsuoka

1 year

I'm excited to share our 2023 State of Crypto Report. In addition to the 60 slide overview, we're also adding something new this year: The State of Crypto Index, an interactive data tool to track the industry's growth across 14 key metrics. Check it out:

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State of Crypto Index

Tracking the real progress of crypto and web3 technology through meaningful industry metrics — from the number of verified smart contracts to the number of transacting wallets and more.

@a16zcrypto

a16z crypto

1 year

Today, we’re excited to share the 2023 State of Crypto Report and introduce the State of Crypto Index.

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@DarenMatsuoka

Daren Matsuoka

2 years

Introducing the NFT Analyst Starter Pack. Enter a contract address, and with one command generate CSV extracts for all token transfers, historical sales, and each underlying item’s metadata (w/ calculated rarity scores). Powered by @AlchemyPlatform . 🧵👇

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GitHub - a16z/nft-analyst-starter-pack

Contribute to a16z/nft-analyst-starter-pack development by creating an account on GitHub.

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@DarenMatsuoka

Daren Matsuoka

3 years

The Ethereum developer community is more vibrant than ever. We estimate that more developers have entered the Ethereum ecosystem so far this year than the previous two years combined. 🧵👇

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@DarenMatsuoka

Daren Matsuoka

2 years

When minting NFTs, creators face a number of decisions that can affect the performance of their projects. I dug into the data to help inform people’s choices. 🧵👇

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The NFT Mint ‘Sweet Spot’: Data on Early Decisions - a16z crypto

Early data and insights for creators across projects + NFT mints, using minting data from the top 150 NFT collections on OpenSea.

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@DarenMatsuoka

Daren Matsuoka

4 years

I'm thrilled to announce that I have joined @a16z as a Data Scientist on the Crypto team!

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@DarenMatsuoka

Daren Matsuoka

2 years

I’m excited to finally share what we’ve been working on. The 2022 State of Crypto report is a data-driven analysis of the latest trends in web3. Be sure to check out the 50+ slides. In the meantime, here are some of the important data points that I'll be keeping an eye on.

@eddylazzarin

Eddy Lazzarin 🟠🔭

2 years

This morning @a16z crypto published our first annual State of Crypto report. 📊 It shows how far crypto has come — and how early we still are — in building the next generation of the internet. Here's a 🧵 of some highlights.

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@DarenMatsuoka

Daren Matsuoka

3 years

Statistical rarity can be very misleading when it comes to NFT valuations. Why? Because cultural trends are often more powerful. Here’s an example of this you can see in the CryptoPunks data 👇.

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@DarenMatsuoka

Daren Matsuoka

3 years

Event logs are one of the most important sources of historical data on Ethereum. Learning how they are structured, and how to access them, is critical for anyone who wants to analyze smart contract interactions. Here’s what I’ve learned. 🧵👇

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@DarenMatsuoka

Daren Matsuoka

5 months

Here are some (broadly-defined) areas where I believe crypto can make a difference in the world. 1/ Payments Problem: Payments are highly inefficient, especially when sending them across borders. People spend $647 billion on remittances every year, with an average cost of 6.25%.

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@DarenMatsuoka

Daren Matsuoka

5 years

I’ve never been more bullish on Ethereum. Multi-collateral DAI from @MakerDAO and v2 prediction markets from @AugurProject are going to be KILLER apps.

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@DarenMatsuoka

Daren Matsuoka

9 months

AI + blockchains come together Decentralized blockchains are a counterbalancing force to centralized AI. AI models (like in ChatGPT) can currently only be trained and operated by a handful of tech giants, since the required compute and training data are prohibitive for smaller

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@DarenMatsuoka

Daren Matsuoka

5 months

The State of Crypto index, which measures innovation and adoption in the crypto industry based on 14 key non-financial metrics, hit another all time high last month. Several of the underlying metrics also individually hit all time highs. Here are some highlights 👇

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@DarenMatsuoka

Daren Matsuoka

6 months

Let’s close the gap between crypto owners and active on-chain users. This is more important (and presents a bigger growth opportunity) than expanding the total number of crypto investors.

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@DarenMatsuoka

Daren Matsuoka

2 years

Let’s look at the data. NFT collections with mint prices set greater than 0.25 ETH have rarely achieved 10x+ returns. Only 2 collections succeed here: @AzukiZen and @InvsbleFriends .

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@DarenMatsuoka

Daren Matsuoka

1 year

We just pushed a big update to our NFT Analyst Starter Pack. By utilizing some newer @AlchemyPlatform API endpoints, we were able to simplify the codebase and add some new data fields like marketplace, royalties, and protocol fees. Check it out at .

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@DarenMatsuoka

Daren Matsuoka

3 years

NFTs are cultural artifacts of web3. Therefore, data-driven analysis needs to look beyond statistical rarity to uncover the deeper cultural trends that are emerging.

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@DarenMatsuoka

Daren Matsuoka

6 months

The State of Crypto Index is at an all time high. The index measures innovation and adoption in the crypto industry based on 14 key non-financial metrics.

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@DarenMatsuoka

Daren Matsuoka

1 year

The State of Crypto Index is up 12% in the last month, down 6% in the last year, and up 1,577% in the last 3 years using our default assumptions. If you disagree, you can adjust the input parameters yourself! Check it out at .

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@DarenMatsuoka

Daren Matsuoka

2 years

Having spent a lot of time down the NFT rabbit hole, it's surprisingly difficult to export even the most basic data associated with a collection (transfers, sales, and metadata).

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@DarenMatsuoka

Daren Matsuoka

1 year

People always talk about web3’s lower take rates, and the impact this could have on the creator economy. But what exactly about web3 makes it different from web2? As @eddylazzarin puts simply: The network design has economic consequences.👇

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@DarenMatsuoka

Daren Matsuoka

1 year

I created an Apple shortcut to fetch the real-time net ETH flow since Shanghai (directly from @hildobby_ 's Dune query). Powered by the new, free @DuneAnalytics API endpoints.

@hildobby_

hildobby

1 year

+1m ETH of net flow (excl. rewards) since Shanghai 💪 source:

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@DarenMatsuoka

Daren Matsuoka

3 years

This is another example of the crypto price-innovation cycle. When crypto prices rise, it leads to increased developer interest. Increased developer interest leads to new innovation. New innovation leads to a rise in crypto prices...and the cycle repeats.

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The Crypto Price-Innovation Cycle - a16z crypto

Crypto cycles look chaotic, but over the long term they’ve generated steady growth of ideas, code, projects, and startups — the drivers of innovation.

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@DarenMatsuoka

Daren Matsuoka

1 year

I believe we will see some of the most impactful crypto companies emerge out of this upcoming CSS program in London. We've come a long way with blockchain infrastructure, and it's now the perfect time to build something new in crypto. Submit an application!👇

@jasonrosenthal

Jason Rosenthal

@jasonrosenthal

1 year

1/ We’ve got some exciting news to share! Applications for Crypto Startup School (CSS) Spring 2024 in London are now OPEN! Ready to fast-track your crypto startup journey? Apply here: Learn more👇

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@DarenMatsuoka

Daren Matsuoka

2 years

That’s why we built the NFT Analyst Starter Pack, which is designed to be extremely lightweight and easy to use — even for beginners! All you need is a free Alchemy API key.

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@DarenMatsuoka

Daren Matsuoka

1 year

3 companies now generate a third of all global web traffic. 5 companies represent 50% of the Nasdaq 100’s market cap. A decentralized computing platform, owned by no single entity, is a counterbalancing force to this increasing consolidation of power. The internet needs web3.

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@DarenMatsuoka

Daren Matsuoka

2 years

Lastly, a special shoutout to community tools like @AlchemyPlatform and @EthereumETL that do all of the heavy lifting that makes this type of data extraction possible.

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@DarenMatsuoka

Daren Matsuoka

3 years

Some areas we are focused on right now include trait-specific valuation models, off-chain community/social signals, and wash trade detection. If you’re working on any of these things, I’d love to chat!

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@DarenMatsuoka

Daren Matsuoka

2 years

We also published a dashboard on @DuneAnalytics where you can view these metrics for any given NFT collection. Just enter the contract address and explore!

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NFT Minting Stats

Blockchain ecosystem analytics by and for the community. Explore and share data from Ethereum, Bitcoin, Polygon, BNB Chain, Solana, Arbitrum, Avalanche, Optimism, Fantom and Gnosis Chain for free.

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@DarenMatsuoka

Daren Matsuoka

3 years

Shoutout to the vibrant sub-community that has emerged around this specific trait. @punk6529 @iamDCinvestor @santiagoroel @fvckrender @seedphrase @DeezeFi @krybharat @punk6333 @Anonymoux2311 @kevwuzy @CSURAM88 @phon_ro @comfydevil

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@DarenMatsuoka

Daren Matsuoka

3 years

Out of 10,000 punks, there are exactly 259 that have a “Hoodie” and 212 that have a “Clown Nose”. If you believe that rarity determines value, then clown noses should be priced higher than hoodies - this is provably untrue.

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@DarenMatsuoka

Daren Matsuoka

3 years

Hoodie punks have consistently been sold at a 2-4x premium. One simple way to measure this is by looking at the market price of hoodie punks sold relative to the average price of the last 50 sales (excluding Zombies, Apes, and Aliens).

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@DarenMatsuoka

Daren Matsuoka

4 years

Bringing “real world truth” to the blockchain is going to be one of the most important innovations in crypto. I’m optimistic that the @AugurProject oracle implementation will work, but either way...I think there is a huge opportunity here.

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@DarenMatsuoka

Daren Matsuoka

2 years

Whether you’re a data scientist looking to build models, an analyst interested in historical price trends, a developer building an application, or a prospective buyer/seller who wants to understand the rarity of certain traits, this tool can help you get started.

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@DarenMatsuoka

Daren Matsuoka

6 months

Keeping crypto onshore is a matter of national security. Will the U.S. learn from past experiences like semiconductor manufacturing? We should not have to rely on untrusted foreign developers and suppliers for critical technology infrastructure.

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@DarenMatsuoka

Daren Matsuoka

2 years

Huge thank you to @eddylazzarin , @blauyourmind , and @_grace_lily for their feedback and code input (thanks to @andrewhong5297 , @alex_kroeger , and @MSilb7 for their comments as well).

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@DarenMatsuoka

Daren Matsuoka

3 years

We can analyze the growth of Ethereum's developer activity by looking at the GitHub stars on key developer repositories (web3js, truffle, solidity, hardhat, ethersjs, OpenZeppelin contracts, web3py, and scaffold-eth) over time.

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@DarenMatsuoka

Daren Matsuoka

2 years

It has been an absolute honor working with @eddylazzarin over the last 2 years. He is a great leader, and I can't wait to watch him succeed in this new role.

@cdixon

cdixon.eth

2 years

It takes a special intellect to stand out among crypto technologists, and we’re fortunate to have one of those people on our team. I’m happy to share that @eddylazzarin has been promoted to Chief Technology Officer for @a16zcrypto .

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@DarenMatsuoka

Daren Matsuoka

6 months

Reminder: In the crypto market, speculation is a byproduct that is separate from its core value proposition. Just like real estate, art, and many other markets today.

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@DarenMatsuoka

Daren Matsuoka

2 years

And whatever you build, we’d love to see it! My DMs are always open for discussion and/or collaboration.

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@DarenMatsuoka

Daren Matsuoka

2 years

What’s next for web3? Here are some thoughts, all credits to @cdixon “the Kendrick Lamar of mental models” per @RyanSAdams :)

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@DarenMatsuoka

Daren Matsuoka

2 years

I analyzed minting data from the top 150 NFT collections on @opensea . Here are some benchmarks and takeaways that could offer creators some insight.

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@DarenMatsuoka

Daren Matsuoka

2 years

Many of the most successful NFT projects raised less than $5 million in the mint. In fact, in this data set there was a negative correlation between primary sales revenue and performance since mint.

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@DarenMatsuoka

Daren Matsuoka

1 year

Although I know nothing about how the trick was done, I can instantly verify that @blauyourmind knows the secret to performing this illusion. A fantastic analogy for ZK proofs.

@blauyourmind

Michael Blau

1 year

Magic tricks are zero-knowledge proofs. And zero-knowledge proofs are indistinguishable from magic. 🪄 Learn more:

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@DarenMatsuoka

Daren Matsuoka

1 year

Another cool way to use the @DuneAnalytics API: Programmatically fetch the price of ETH at a given block number. This is something that has always been surprisingly difficult to do. Here’s a simple Python implementation.

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@DarenMatsuoka

Daren Matsuoka

4 years

I also could not be more excited to work with an amazing group of people: @cdixon @katie_haun @ali01 @AriannaSimpson @eddylazzarin @guywuolletjr @amico_jeffrey , + so many others!

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@DarenMatsuoka

Daren Matsuoka

2 years

There is no better time to be building in web3 🔥

@AriannaSimpson

AriannaSimpson.eth

@AriannaSimpson

2 years

Today we are announcing a16z crypto Fund 4. We’ve raised $4.5B to invest in promising web3 founders and startups, bringing our total crypto funds raised to more than $7.6B. 💪

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@DarenMatsuoka

Daren Matsuoka

2 years

10 - The growth of web3 compared to the growth of the internet in its early days. We estimate that there are somewhere between 7 to 50 million active Ethereum users today. This compares to the internet in 1995 (which was on a similar growth trajectory at the time).

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@DarenMatsuoka

Daren Matsuoka

1 year

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@DarenMatsuoka

Daren Matsuoka

3 years

It’s also interesting to see the recent surge in interest for some of the newer developer tools such as @HardhatHQ by @NomicLabs , ethers.js by @ethersproject , and scaffold-eth by @austingriffith .

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@DarenMatsuoka

Daren Matsuoka

10 months

More than 40 million Americans have purchased crypto, but there are signs that the US may be losing its lead in web3. Good policy can help keep the development of this critically important technology onshore while also protecting consumers. This is a matter of national security.

@a16zcrypto

a16z crypto

10 months

Blockchains are an important new technology, but crypto needs clear regulatory guidance to thrive in the U.S. We put together a spotlight on the state of crypto policy to share: 1. What's at stake 2. Relevant data, and 3. Guiding principles for policymakers to protect consumers

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@DarenMatsuoka

Daren Matsuoka

2 years

7 - Creator revenues earned from NFTs compared to the big web2 platforms. NFTs already rival the likes of YouTube, Spotify, and Facebook when it comes to total dollars paid out, and the numbers are even more staggering when you look at the average earned per creator.

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@DarenMatsuoka

Daren Matsuoka

1 year

Staking is not just about earning yield. On Ethereum, it’s used to secure a $400 billion economy of ETH, ERC20 tokens, and NFTs.

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@DarenMatsuoka

Daren Matsuoka

2 years

Great work from @moodlezoup on this on-chain sealed bid auction implementation. Also, check out his blog post to learn more about different auction formats and their use cases.

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On Paper to On-Chain: How Auction Theory Informs Implementations

We compare the four canonical auction types, focus on sealed-bid formats, and then introduce our open source Solidity implementation of a Vickrey auction.

@a16zcrypto

a16z crypto

2 years

Research engineer @moodlezoup just open sourced a Solidity implementation of an overcollateralized sealed-bid auction. To start, a few things about bringing sealed bid auctions on-chain. 🧵

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@DarenMatsuoka

Daren Matsuoka

5 months

2. Mobile Wallet Users - After trending down for most of 2022 and 2023, mobile wallet users have now grown month-over-month for 5 consecutive months. March was a breakout month with 27M active mobile wallet users - driven by significant growth in wallets like World App by

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@DarenMatsuoka

Daren Matsuoka

5 months

Jolt is an insane accomplishment from gigabrains @SuccinctJT @samrags_ @moodlezoup @NoahCitron . This is a significant contribution toward the endgame solution for blockchain scalability, and of course the implementation is fully open source ⚡️

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@SuccinctJT

Justin Thaler

5 months

1/ We're excited to share the initial release of Jolt, a new approach to zkVM design. Early benchmarks indicate it outperforms RISC Zero by ~6x and SP1 by up to 2x. Major optimizations are still in the pipeline.

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@DarenMatsuoka

Daren Matsuoka

2 years

Remember that a large majority of the NFT market is still less than a year old. While primary sales may be the dominant source of creator revenues today, a project’s long-term success will depend on a sustainable secondary market and an engaged community.

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@DarenMatsuoka

Daren Matsuoka

3 years

There are now over 39K Github accounts that have starred at least one of these repositories. I believe this is a decent proxy for the number of unique developers building on Ethereum.

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@DarenMatsuoka

Daren Matsuoka

3 years

On the other hand, clown nose punks tend to trade at a discount to average market prices. This is despite being statistically more rare than the hoodie punks.

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@DarenMatsuoka

Daren Matsuoka

2 years

tl;dr 1) Low mint prices correlate to higher return multiples for early backers 2) Many of today’s most vibrant secondary markets had very little in primary sales revenue 3) There has been a “sweet spot” of 5-to-10 mints per address for top performing collections

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@DarenMatsuoka

Daren Matsuoka

2 years

But also, creators who land large amounts of upfront revenue could become less incentivized to focus on a project’s long-term success.

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@DarenMatsuoka

Daren Matsuoka

2 years

Another question for creators is whether to limit the number of mints per on-chain address. Do projects with fewer mints per address see higher returns? The answer appears to be no. Many of the best performers had, on average, 5-to-10 mints per address.

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@DarenMatsuoka

Daren Matsuoka

2 years

NFT God Mode is unreal.

@nansen_ai

Nansen 🧭 | TOKEN2049 🇸🇬🏎️

2 years

GM Explorers 🧭 NFT God Mode has been revamped to bring you more actionable insights, so let's check out the new dashboards: - Balances - Owners - Owner’s Activity See the example for Bored Ape Yacht Club below 🧵 ⤵️

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@DarenMatsuoka

Daren Matsuoka

2 years

Great work from @NoahCitron . Helios is a lightweight alternative to using a centralized RPC provider.

@NoahCitron

ncitron.eth

2 years

Today we're announcing Helios, a fast, portable, and secure Ethereum light client written in Rust. Helios syncs in two seconds, uses no storage, and provides trustless access to Ethereum. Code: Post: 1/8

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@DarenMatsuoka

Daren Matsuoka

4 years

Lastly, thank you to my former @SVB_Financial colleagues for what has been an incredible 6+ year experience. I can't wait to see what you all are able to accomplish.

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@DarenMatsuoka

Daren Matsuoka

2 years

1 - Active addresses and daily transactions across blockchains. Right now, web3 is multi-chain and developers have many viable options to choose from.

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@DarenMatsuoka

Daren Matsuoka

6 months

@0xkarmacoma Formal verification wif hat?

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@DarenMatsuoka

Daren Matsuoka

3 years

None of the above should be taken as investment advice. See for more info.

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@DarenMatsuoka

Daren Matsuoka

4 years

I've always been fascinated by the use of data to uncover new technology trends and opportunities. I couldn't be more excited to work in a space I'm incredibly passionate about, while taking advantage of the "open" nature of data that is available via public blockchains.

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@DarenMatsuoka

Daren Matsuoka

5 months

Here’s what I think we still need in order to realize the full vision of blockchain networks. What am I missing?

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@DarenMatsuoka

Daren Matsuoka

2 years

Choosing an “ideal” mint price is super important. A higher price means more revenue generated upfront, assuming there is enough demand. But a higher price will also dampen the potential returns for your earliest backers, which could impact secondary volume.

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@DarenMatsuoka

Daren Matsuoka

3 years

By looking at each developer's first starred repository, we can see that @solidity_lang and @OpenZeppelin 's contracts are the main entry points for new developers today.

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@DarenMatsuoka

Daren Matsuoka

2 years

Why the negative correlation? One reason is that it is just harder to generate multiples on a larger base. Going from a price of 0.02 ETH to 0.20 ETH is much easier than going from 0.50 ETH to 5.00 ETH.

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@DarenMatsuoka

Daren Matsuoka

5 years

I agree with Pomp here.

@APompliano

Anthony Pompliano 🌪

5 years

"We are now at a point where I would argue that it is irresponsible for an investor to have 0% exposure to Bitcoin in their portfolio."

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@DarenMatsuoka

Daren Matsuoka

2 years

Fantastic opportunity for anyone interested in building something new in web3. Can't wait!

@a16zcrypto

a16z crypto

2 years

Today we’re thrilled to announce the launch of our new accelerator, Crypto Startup School. The program will include: Investment from @a16zcrypto ($500k) Mentorship from leading founders Advice from domain experts Network of fellow builders Apply:

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Daren Matsuoka

2 years

There is a similar correlation between primary sales revenue and secondary trading volume. As it turns out, many projects that raised very little in the mint have seen significant traction in the secondary markets.

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@DarenMatsuoka

Daren Matsuoka

3 years

I’m incredibly excited to support the Lido community as they continue to move the ecosystem forward 🔥

@cdixon

cdixon.eth

3 years

Excited to share that @a16z has invested $70M in @LidoFinance , one of the easiest ways to stake ETH and other PoS assets, and we used Lido to stake a portion of our ETH holdings on the Beacon chain. More from @DarenMatsuoka & @_PorterSmith :

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@DarenMatsuoka

Daren Matsuoka

1 year

So proud to work with people like @SuccinctJT , @samrags_ , and @moodlezoup who are moving the entire crypto industry forward. Lasso and Jolt represent a new paradigm in SNARK design.

@SuccinctJT

Justin Thaler

1 year

Introducing Lasso and Jolt, two new works that I hope will change how SNARKs are designed and built. You can read about them here: (1/6)

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@DarenMatsuoka

Daren Matsuoka

4 years

Why is there not more competition on the vig (fees) for sports betting? Why is -110 the standard for a spread bet? Once P2P liquidity (+scalability) improves for non-custodial crypto native apps like @AugurProject and @DegensBet , I expect betting fees to converge towards zero. 👇

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Daren Matsuoka

2 years

6 - The on-chain velocity, or rate of turnover, for top stablecoins. If more people start to use stablecoins for everyday purchases, these numbers should increase.

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@DarenMatsuoka

Daren Matsuoka

11 months

A huge milestone crossed on the path toward more resilient, decentralized social networks for the world.

@dwr

Dan Romero

11 months

We're permissionless!

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@DarenMatsuoka

Daren Matsuoka

2 years

Of course, every creator and every project is different. The design of an NFT drop is way more art than science. But hopefully these data benchmarks can help inform NFT creators’ key decisions.

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@DarenMatsuoka

Daren Matsuoka

2 years

5 - DeFi TVL compared to numbers from the legacy financial system. Today, DeFi would represent the 31st largest US bank by total assets under management.

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@DarenMatsuoka

Daren Matsuoka

9 months

See the rest of our big ideas post here:

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A few of the things we’re excited about in crypto (2024) - a16z crypto

A list of crypto and web3 trends for 2024 including the intersection of AI & blockchains, AI & gaming, play to earn games, NFTs, SNARKs, more

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@DarenMatsuoka

Daren Matsuoka

6 months

CSX is coming to New York City this Fall. A fantastic opportunity for crypto founders - applications are now open!

@jasonrosenthal

Jason Rosenthal

@jasonrosenthal

6 months

Applications are now open for CSX Fall 2024 in New York City! This is the first year that our Crypto Startup Accelerator (CSX) program – which provides expert guidance, capital, and resources for founders of early-stage crypto startups – will have two cohorts, one for Spring and

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@DarenMatsuoka

Daren Matsuoka

3 years

Arianna is truly exceptional, and I know she will continue to move the crypto industry forward. I'm so lucky to be able to work with and learn from her every day!

@katie_haun

Kathryn Haun

3 years

1/ Today I couldn’t be more pleased to announce that we are promoting @AriannaSimpson as our newest General Partner in the a16z crypto fund!

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@DarenMatsuoka

Daren Matsuoka

3 years

None of the above should be relied upon as investment advice; see for important info

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@DarenMatsuoka

Daren Matsuoka

2 years

8 - The growth of metaverse-related sales. We’ve already seen nearly $2 billion in secondary volume for metaverse land…it will be exciting to watch these virtual worlds get built from the ground up.

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@DarenMatsuoka

Daren Matsuoka

2 years

The Staking Router is huge step forward. Lido's commitment to decentralization has been unwavering.

@LidoFinance

Lido

2 years

Today Lido contributors are proud to present Lido V2 - Lido’s largest upgrade to date and an important step towards further decentralization.

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@DarenMatsuoka

Daren Matsuoka

2 years

4 - The Beacon Chain (proof-of-stake) deposits and depositors ahead of its upcoming merge with the Ethereum Mainnet. There is already over $25 billion staked.

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@DarenMatsuoka

Daren Matsuoka

5 months

1. Active Addresses - In March there were 37M active addresses across all tracked blockchains, a 34% month-over-month growth. The top chain by monthly active addresses: @solana .

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@DarenMatsuoka

Daren Matsuoka

3 years

In Solidity, you’ll see that events are defined using the “event” keyword and are emitted using the “emit” keyword. Placing the “indexed” keyword in front of a parameter name will store it as a topic in the log record. Without the keyword “indexed”, it will be stored as data.

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@DarenMatsuoka

Daren Matsuoka

2 years

The metaverse will be built bottom-up, not top-down. Check out this fantastic piece from @liz_harkavy @eddylazzarin @AriannaSimpson on why the metaverse cannot exist without the fundamental foundations of web3 tech.

@AriannaSimpson

AriannaSimpson.eth

@AriannaSimpson

2 years

What are the 7 essential ingredients of a metaverse? @liz_harkavy , @eddylazzarin & I (w a major assist from @rhhackett !) share our thoughts:

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Daren Matsuoka

3 years

I feel so lucky to have been able to work with and learn from Katie. She has moved the industry forward in so many ways, and I can’t wait to see what amazing things she will accomplish in her next chapter.

@katie_haun

Kathryn Haun

3 years

1/ Today @cdixon and I shared with the @a16z crypto team that I will be launching my own fund focused on crypto and web3 early next year. The current crypto fund will be my last at the firm

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Daren Matsuoka

2 years

9 - The diversification of DAO treasury assets. Right now, a large majority of value held by DAOs is still in the form of the protocol’s native governance token.

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@DarenMatsuoka

Daren Matsuoka

2 years

🔥🔥 @yugalabs x @a16z 🔥🔥

@ChrisLyons

chrislyons

2 years

I am beyond excited to announce that @a16z crypto is leading the financing of @yugalabs and I'm joining the board. We look forward to helping the team continue to usher the next wave of creators and builders into web3 to define the future of culture and innovation. LFG! 🦍🦍🦍

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Daren Matsuoka

3 years

Learning about event logs has really helped me understand how historical data is stored on the EVM. If anything isn’t clear, or if you’d like to chat further about these topics (no pun intended), my DMs are open!

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@DarenMatsuoka

Daren Matsuoka

2 years

2 - Total transaction fees paid by users, which represents the overall demand for block space. As you can see, today Ethereum is unmatched.

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@DarenMatsuoka

Daren Matsuoka

3 years

Huge win for our team, and for the entire crypto/web3 community! 🔥🔥🔥

@sriramk

Sriram Krishnan - sriramk.eth

3 years

🚨 ANN: I’m super thrilled to finally be able to announce this - I’m moving to the a16z crypto team and will be investing only in web3/crypto going forward.

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Daren Matsuoka

2 years

3 - The percentage of total fees on L1 Ethereum paid by L2 rollups. Right now, rollups account for just 1.5% of fees...I expect this number to go up significantly as L2s become more widely adopted.

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@DarenMatsuoka

Daren Matsuoka

2 years

Fascinating overview from @VirtualElena on the historical context surrounding zero-knowledge proofs. These technological developments are critical to unlocking the full potential of web3.

@VirtualElena

Elena

2 years

Decentralized Speed🔥 Over the past decade zero-knowledge proofs, the cryptography underpinning privacy and scabilty solutions in web3, have grown faster and more computationally-efficient to generate.

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