A new lab for cryptocurrency research

Andereessen Horowitz is a venture capital fund that has announced the launch of a new research unit, A16z Crypto Research. It builds on the work of other labs that have already proven themselves and proven themselves.  This project will tackle some of the most important and challenging issues in the cryptocurrency and Web3 space. And Tim Roughgarden, a well-known personality in the field, will be involved.

With the emergence of a revolutionary general-purpose technology that can be applied to a variety of needs, the research lab gets additional opportunities to merge the two worlds, namely the scientific and the production ones.

The team will consist only of qualified specialists, who have been working in the field for many years and are well versed in the many issues related to the direction of the project itself. 

It is worth noting that today many cryptocurrency companies are not interested in hiring their own research teams, while A16z is creating a full-fledged research lab. As for the main research topics, they will be identified in conjunction with portfolio companies, as will the fund’s investors.

Of course, the unit’s main objective will be to address industry wide problems.  And this approach would be the best approach according to one expert, as it would require the closest possible interaction with people in the industry.

The main aim of the A16z project is to bring basic scientific research to commercial use. That is, in the future the projects could be used by, say, portfolio companies or even independent organisations. And in the future, pooling is also available for new start-ups in order to get funding from the fund.

Of course, first and foremost the interests of the team itself are taken into account and initially the topics that the partners think are the most relevant, for example the design of NFT marketplaces and so on. In any case, it will be about real issues that deserve attention here and now.

But over time, according to the main founder, the topics may change, as the problems as well as the demands change, and many aspects really cannot be left unaddressed.