Script:
Discover a curated list of protocols supported by a16z.
Find a well-timed opportunity to get in.
Be patient. Take 5-20 times ***
Venture capitalists never pass up the opportunity to make a lot of money. What about you?
The infographic above illustrates the protocol for tradable tokens powered by A16Z.
Now, let's dive into each protocol separately and identify the top projects in each category
Blockchain
Ethereum, OptimismFND, Solana, and **AX are prominent chains with the strongest fundamentals in the blockchain category in which A16zCrypto invests.
According to analyst Vaneck**, in a realistic scenario, $eth could soar to $11,800 by 2030.
I have no doubt that Ethereum will continue to be the leading L1 for years to come, especially after Danksharding goes live.
In the case of Solana, the real-life scenario presented by Vaneck suggests that $SOL's could reach $330 by 2030.
Notably, dApps such as Hivemapper, Helium, and RenderNetwork are considered to be the most promising projects in the ecosystem.
*AX's future growth is undoubtedly related to its establishment as the platform of choice for institutional and forex trading. According to market data, in an optimistic scenario, $**ax could soar to $40 by 2030.
The launch of Ethereum Proto-Danksharding (Q1 2024) is expected to have a significant impact on L2 growth, with OptimismFND and Arbitrum being the main Dapp migration destinations.
Celoorg's recent move to transition to Ethereum L2 confirms that the rollup trend will pose significant challenges for new L1s such as Aptos Network, SuiNetwork, and more.
If my assumptions are correct, it's unclear how they will fit into this new metadata.
Creator chain
At the same time, the potential of creator chains and purpose-built chains as dynamic players in the web3 space is interesting.
Flow Blockchain is a popular DApp
ronin_network → gamefi
Desoprotocol social network.
Ronin stands out as the strongest player. A16Z's investment in this space is mainly due to the clear demand for Web3 gaming as a means of introducing non-crypto users to the crypto world.
❯defi
As much as I love SFRXETH, I strongly doubt that any other liquid staking protocol will be able to challenge Lidofinance's dominance.
Therefore, it is undeniable that when the masses embrace web3, $ldo will undoubtedly become one of the main accumulation assets.
When it comes to other players in the space, it's undeniable that Uniswap, MakerDao, and Compoundfinance are DeFi blue chips. Their dominance is unlikely to be challenged in the coming years.
By the way, out of the three, $comp deal** is still good.
Now, let's explore other categories that have the potential to generate excellent returns on investment in the future.
RWA and DEPIN
Goldfinch Fi, Helium, Arwe**Eeco, and OrchidProtocol are all excellent protocols and are highly recommended for accumulation.
Helium's $HNT is very close to its 1-year ATH
$GFI has grown by 157% this year
Arwe**eeco's $AR still has room for further growth, the same as $oxt and orchidprotocol.
In the A16Z portfolio, the following protocols have shown the weakest token performance in the last 30 days:
leaguekingdoms -12.8%
keep_project -8.7%
rally_io -2%
angleprotocol -0.7%
ripple_xrp1 +2%
Here are the best token performances:
goldfinch_fi ：+340%
ronin_network ：+120%
helium ：+113%
*ax ：+101%
oasisprotocol ：+74%
basiscash ：+64%
So, if you blindly copied the A16Z investment in mid-October, your portfolio has now generated some decent returns.
Other projects with smaller gains, currently awaiting a favourable entry point, are expected to see a correction (similar to Solana).
A16Z is one of the world's leading venture capital firms, and their investments have consistently shown great potential for growth.
This article provides information based on personal views only.