cover of episode The 'kumbaya' era of crypto VC has come to an end, says Dragonfly's Haseeb Qureshi

The 'kumbaya' era of crypto VC has come to an end, says Dragonfly's Haseeb Qureshi

2024/4/2
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The Scoop

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Haseeb Qureshi is a managing partner at the crypto VC firm Dragonfly.

In this episode of The Scoop, Qureshi explains how the crypto VC landscape has changed during his five years at Dragonfly and why he believes 'points' are a more useful mechanism than airdrops for incentivizing user behavior.

OUTLINE

00:00) Introduction

05:41) Dragonfly Early Days

09:45) Early Crypto VC

13:14) Competing in Layer-1s

26:11) Old Blockchains

29:26) Points

31:47) Airdrop Mechanism Design

37:38) Closing Thoughts