🇹🇷 Chris Dixon, one of the partners of Andreessen Horowitz (a16z), while defending the company's investment theory and investments, claimed that none of the companies in which a16z invests will sell tokens to the public. 😕 However, a review of the a16z investment portfolio calls this claim into question.
- DFINITY's ICP tokens were distributed to those who "donated" to the DFINITY Foundation.
- Failed algorithm stable cryptocurrency protocol Fei sold FEI tokens and TRIBE governance at its creation event.
- Sky Mavis, the developer behind Axie Infinity, sold AXS tokens on Binance Launchpad.
🤔 It is also stated that Dixon does not consider NFTs as tokens, because some of the companies in which a16z invested have sold NFTs to retailers. These companies include VeeFriends and Yuga Labs, which Gary Vee uses for NFT sales. It is currently unclear what Dixon's claim that he will never allow the sale of tokens to a16a investment portfolio projects means. 🧐