Backed by a16z: Curated List

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Discover a curated list of protocols backed by a16z. Playbook: • Find a well-timed entry • Be patient • Sell at 5-20x. VCs never pass up the chance to make big bucks. And you?

The above infographic showcases protocols with tradable tokens that are backed by @a16z. Now, let's delve into each of these protocols individually and identify the top projects in each category ↓

❯ Blockchains @ethereum, @optimismFND, @solana, and @avax are the standout chains with the strongest fundamentals in the blockchains category of @a16zcrypto investments.

According to research published by @vaneck_us, analysts predict that in a realistic scenario, the price of $ETH is likely to soar to $11.8K by 2030. I have no doubts that Ethereum will continue to be the leading L1 in the years ahead, especially once Danksharding is live.

In the case of @solana, a realistic scenario presented by VanEck suggests that the price of $SOL could reach $330 in 2030. Notably, dApps such as @Hivemapper, @helium, and @rendernetwork are highlighted as some of the most promising projects within the ecosystem.

The future growth of @avax will undoubtedly be linked to its establishment as the go-to platform for institutions and forex trading. According to @Investingcom, in an optimistic scenario, the price of $AVAX could potentially skyrocket to $40 by 2030.

The anticipated launch of Ethereum's Proto-Danksharding (~Q1 2024) is bound to have a significant impact on the growth of L2s, with @optimismFND and @arbitrum being the primary dApp migration destination. twitter.com/stacy_muur/status/1728779883533496582

The recent initiative by @CeloOrg to transition to an Ethereum L2 confirms that the rollup trend will present significant challenges for new L1s like @Aptos_Network, @SuiNetwork, and others. It remains unclear how they will adapt to this new meta if my assumptions are correct.

❯ Creator Chains Meanwhile, the potential of creator and purpose-specific chains to emerge as dynamic players in the Web3 landscape is intriguing. • @flow_blockchain → dApps for mainstream adoption • @Ronin_Network → GameFi • @desoprotocol → SocialFi

Ronin stands out as the strongest player among @a16z's investments in this segment, primarily because there is a clear demand for Web3 gaming as a means to introduce non-crypto users to the world of crypto.

❯ DeFi As much as I love sfrxETH, I highly doubt that any other liquid staking protocol will be able to challenge the dominance of @LidoFinance. Therefore, it's undeniable that when the masses embrace Web3, $LDO will undoubtedly be one of the primary assets for accumulation.

When it comes to the other players in this segment, it is undeniable that @Uniswap, @MakerDAO, and @compoundfinance are the DeFi Bluechips. Their dominance in the upcoming years is highly unlikely to be challenged. Btw, out of these three, $COMP is still trading at a good price.

Now, let's explore other categories that have the potential to generate excellent returns on investments in the future. ❯ RWA and DePIN @goldfinch_fi, @helium, @ArweaveEco, and @OrchidProtocol – all are excellent protocols are all highly recommended for accumulation.

• @helium's $HNT is very close to its 1-year ATH • $GFI by @goldfinch_fi up 157% this year • @ArweaveEco's $AR still has some room for further growth, same as $OXT by @OrchidProtocol. DYOR.

In the portfolio of a16z investments, the following protocols have exhibited the weakest token performance over the past 30 days: • @LeagueKingdoms -12.8% • @keep_project -8.7% • @rally_io -2% • @AngleProtocol -0.7% • @Ripple_XRP1 +2%

Here are the best performers: • @goldfinch_fi: +340% • @Ronin_Network: +120% • @helium: +113% • @avax: +101% • @OasisProtocol: +74% • @BasisCash: +64% So if you had blindly copied a16z investments in mid-October, your portfolio would have yielded some good returns by now.

I have several projects featured in this thread included in my portfolio. For some, such as Ronin, I am currently waiting for a favorable entry point, anticipating corrections (similar to Solana).

a16z is one of the leading global VC firms, and their investments consistently demonstrate significant growth potential. DYOR and invest wisely ;)