On-Chain Credentialing | Greylock
One of the most promising aspects of web3 is the open participatory nature of projects. Yet at the same time, most token holders of protocols and DAOs are speculators, not contributors. Zooming out one step further, the number of crypto users (~300m) and DeFi users (~5m) are mere slivers of the world’s ~5b internet users. We view the onboarding (not just acquisition) of the next 1b users as one of the most interesting areas of opportunity across web3. While there is no shortage of content, perspectives, and pontification on emerging web3 projects, the best way to learn crypto is by doing. And in the same vein, the best way for protocols to find contributors is by assessing what they’ve done, much of which is moving on-chain. But for both users and protocols, getting started is an increasingly daunting task. Enter RabbitHole. Immediately in our first meeting, it was clear that Brian had made it his life’s work to be a sherpa for those looking to go deeper into web3 — and scale this as f
On-Chain Credentialing | Greylock Portfolio News On-Chain Credentialing Our Investment in RabbitHole twitter linkedin email --> One of the most promising aspects of web3 is the open participatory nature of projects. Yet at the same time, most token holders of protocols and DAOs are speculators, not contributors. Zooming out one step further, the number of crypto users (~300m) and DeFi users (~5m) are mere slivers of the world’s ~5b internet users. We view the onboarding (not just acquisition) of the next 1b users as one of the most interesting areas of opportunity across web3. While there is n
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