I’ve long admired @EveOnline, one of the longest-running and most successful MMO games ever. So I’m thrilled to share that @a16z is leading a $40M investment in @CCPGames’ new AAA gaming project set in the EVE Universe. 🎮🪐 a16z.com/2023/03/21/inv…
Initially released 20 years ago, EVE Online has had a huge influence on multiple generations of gamers, and its community-driven approach laid the groundwork for many of web3’s core principles, such as open economies, player-driven social systems, and composability.
EVE players have always set their own narrative, self-organizing into guilds with a shared set of incentives. The community created 276 billion items just in the last 5 years, and built a rich ecosystem of 3rd-party tools supported by an API.
We believe @CCPGames will help shape the next generation of web3 games, as well. The new EVE title will combine their 25 years of game design experience with the latest blockchain tech to enable a new frontier in player agency and autonomy.
CEO @HilmarVeigar has demonstrated remarkable leadership and aptitude for continuous innovation. He advocated for blockchain games long before crypto was mainstream, e.g. this roundtable he led at the @Official_AIAS#DICEAwards in 2017.
I’m joined by @Tocelot and the whole @a16zGames / @a16zcrypto team in saying that we couldn’t be happier to partner with @CCPGames on the development of their new AAA title and the creation of new virtual worlds. We can’t wait to play it.
None of the above should be taken as investment advice; please see a16z.com/disclosures for more information.
• • •
Missing some Tweet in this thread? You can try to
force a refresh
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. a16zcrypto.com/eddy-lazzarin
Eddy will continue to lead the engineering and data science teams that he built from the ground up, and also now manage our world-class research and security teams.
Under his leadership, a16z crypto’s engineers have been continuously adding to our suite of open-source tools that benefit the entire ecosystem – including Helios, Halmos, privacy-protecting airdrops, a starter pack for NFT analysis, and more to come github.com/a16z
I sometimes get asked by people starting out for advice on professional development.
Here are a few things I tell them 👇🧵
Optimize for being around people with strong ethics who teach and challenge you.
For example, if you join a startup with great people, regardless of whether the startup works, you’ll learn a lot and develop relationships with people who go on to do interesting things.
Early in your career, it’s important to explore and experiment to avoid getting stuck in a local maximum trap.
We proudly contributed to the $165M Series B financing round that @Uniswap Labs announced today. It’s remarkable what @haydenzadams and the team have accomplished since we led the Series A round in 2020 🧵👇
Uniswap Labs pioneered a new type of crypto exchange, as Coinbase did years before. They created the fully-automated & decentralized Uniswap Protocol, which includes an automated market maker (AMM), to easily trade assets.
The Uniswap Protocol is a model of productive decentralization: fully-programmatic, immutable on-chain trading with instant market creation. Users and automated services can deposit assets and let the protocol handle the rest. It’s now surpassed $1.2T in trading volume.
There’s a lot of talk lately about the possibility of a prolonged financial downturn, reminiscent of 2008. 2008 was a difficult time for many people.
But from a startup perspective, 2008 and the following 3 years turned out to be a golden age. Apple released the iPhone in 2007 and the app store in 2008. By 2009 talented founders were pouring in.
Most of today’s top mobile apps were created by companies founded between 2009 and 2011, including Uber, Venmo, Snap, and Instagram.
I'm thrilled to announce that we're leading @adimverse's seed round. The all-star creative team, with leadership from @RMcElhenney, is building Adim, a network of storytellers creating characters & IP collectively owned by the communities who develop them
Adim will operate as a scaled-up writers room that creates characters, owned & governed by the community using web3 technology. While the group will start small, over time the rooms will grow, spin out, and reflect the unique perspectives & talents of the people who participate.
NFTs allow characters to exist across any imaginable medium. The characters developed by creatives in the Adim Creator Rooms will be part of a shared world called @adimverse, and could live in games, TV shows, films, books, or in genres that haven’t even been invented yet.
“A conversation about the markets and recent events affect crypto and web3; mental models for thinking about crypto and web3, and the longer arc and evolution of technology history, open source, etc.“
“We set some context into the connection between blockchains, crypto, and web3 – and offer some useful analogies, and mental models, for thinking about a blossoming area of computer science”