đŸ€– AI vs. Crypto: The Battle for VC Attention

🌐 Is AI stealing crypto’s thunder in the VC world? As some firms pivot to AI, crypto-native VCs see potential in the intersection of both technologies. Framework Ventures’ Michael Anderson suggests blockchain could play a crucial role in AI development by aligning financial incentives and combating monopolization.

❗ However, Anderson warns that AI might be a “deadend” for most traditional VCs due to incumbent dominance. He advises focusing on “highly differentiated” AI projects with blockchain elements.

🔮 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.

âŹ‡ïž What innovative projects could emerge from the AI-crypto crossover? Share your ideas!

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