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Home»ADOPTION NEWS»Haseeb Qureshi of Dragonfly says the ‘kumbaya’ era of cryptocurrency VCs is over.
ADOPTION NEWS

Haseeb Qureshi of Dragonfly says the ‘kumbaya’ era of cryptocurrency VCs is over.

By Crypto FlexsApril 3, 20242 Mins Read
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Haseeb Qureshi of Dragonfly says the ‘kumbaya’ era of cryptocurrency VCs is over.
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Special Offer • April 2, 2024 12:23 PM EDT

Posted 1 minute ago In ~

Episode 16 of The Scoop Season 6 was recorded as follows: The Block’s Frank Chaparro and Dragonfly Managing Partner Haseeb Qureshi.

Listen below and subscribe to The Scoop on YouTube. apologize, spotify, google podcast, stitcher, Or listen to podcasts wherever you are. Please send feedback and correction requests to (email protected).


Haseeb Qureshi is Managing Partner at Dragonfly, a cryptocurrency VC firm.

In this episode of The Scoop, Qureshi explains how the cryptocurrency 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 Early sleep
09:45 Early Cryptocurrency VC
13:14 Competition at Layer 1
26:11 Old blockchain
29:26 points
31:47 Airdrop mechanism design
37:38 Closing thoughts


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

About the author

Davis Quinton is the Director of Podcasts at The Block and has a flagship podcast called The Scoop, hosted by Frank Chaparro. Since joining The Block as an ‘intern’ in early 2022, he has worked closely with leaders across multiple departments to translate The Block’s written content into engaging multimedia formats. He is a graduate of the Department of Social Studies & Public Policy at New York University, Abu Dhabi, and is based in Sydney, Australia.

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