đ€ AI vs. Crypto: The Battle for VC Attention
đ Is AI stealing cryptoâs thunder in the VC world? As some firms pivot to AI, crypto-native VCs see potential in the intersection of both technologies. Framework Venturesâ Michael Anderson suggests blockchain could play a crucial role in AI development by aligning financial incentives and combating monopolization.
âïž However, Anderson warns that AI might be a âdeadendâ for most traditional VCs due to incumbent dominance. He advises focusing on âhighly differentiatedâ AI projects with blockchain elements.
đŽ Despite the AI hype, crypto funding is warming up, with Q2 seeing a rise to $3.2 billion. The key might lie in finding the sweet spot where AI and crypto converge.
âŹïž What innovative projects could emerge from the AI-crypto crossover? Share your ideas!