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Sign up for our free newsletter here!\nListen to the episode on Apple Podcasts, Spotify, Fountain, Overcast, Podcast Addict, Pocket Casts, Pandora, Castbox, Google Podcasts, Amazon Music, or on your favorite podcast platform.\nChris Dixon, founder and managing partner of a16z crypto, believes the Internet\u2019s early ideals of democratization and community ownership have been subverted by the consolidation of power into just a few small companies like Facebook and Google. He\u2019s written a new book called Read Write Own in which he writes about this phenomenon, and argues that blockchain technology can help reverse the trend by providing an environment in which developers and entrepreneurs can once again build direct relationships with their audiences.\xa0\nDixon joins Unchained to discuss criticisms of crypto VC firms, how he feels now about a16z\u2019s previous investment in Facebook, how crypto has become overly politicized in the U.S., why Facebook\u2019s Libra project was ultimately shut down, the significant promise of restaking and EigenLayer in particular, and why he believes that creator royalties are essential for the NFT market.\xa0\xa0\nShow highlights:\n\nwhat inspired Chris to write his new book and why he thinks the crypto industry is misunderstood\n\nwhat the current problems of the Internet are and how just a few companies control most of the revenue\n\nhow Chris explains the concept of blockchains to the layman\n\nthe importance of property rights in the real world and how blockchains make this better\n\nhow Chris responds to the criticism that venture capital firms \u201cdump on retail\u201d and\xa0what a proper allocation of tokens to VCs is\n\nwhat the best designs are to achieve good governance in decentralized networks\n\nhow the crypto industry has become politicized in the U.S.\xa0\n\nwhat Chris thinks about a16z\u2019s investment in Facebook\n\nwhy Facebook\u2019s Libra project was shut down and his takeaways from the venture\n\nwhat lessons Chris learned from the 2022 crypto debacle, with the collapse of FTX, Terra, Celsius, 3AC, etc.\n\nwhere Chris sits in the debate about modular vs. monolithic networks\n\nhow restaking and EigenLayer could \u201cunlock a bunch of new design possibilities,\u201d according to Chris\n\nthe role of open source software in driving a better environment and better projects\n\nhow decentralized social networks could attract new levels of adoption\xa0\n\nwhether creator royalties are necessary and why Chris believes that they are \u201cnon-negotiable\u201d\n\nThank you to our sponsors!\nPopcorn Network\nGuest:\n\nChris Dixon, founder and managing partner of a16z crypto, author of Read Write Own\n\n\nPrevious appearance on Unchained: Chris Dixon on How Trust Is the Best Lego\n\n\nLinks\nTokenomics\nUnchained: What Is Tokenomics? A Beginner's Guide\n\nVenture Capital\nUnchained: Does Venture Capital Investment Violate the Ethos of Crypto? Sequoia Says No\n\nModular vs. monolithic\n\nUnchained:\xa0\n\nThree Crypto Pioneers on Crypto\u2019s Monolithic vs. Modular Debate\n\nWhat Are Modular Blockchains? A Beginner's Guide\n\nRestaking\n\nUnchained:\xa0\n\nDo You Need to Think Twice Before Restaking Your Assets?\xa0\n\nWhat Is Ethereum Restaking? A Beginner's Guide\n\nRoyalties\n\nUnchained: Are NFT Royalties the Way? How to Build a Sustainable Creator Economy\n\n\nThe Chopping Block: Two on Two Debate: NFT Royalty Throwdown!\n\nThe 2022 debacle\nUnchained: Collapses, Bankruptcies, and Fraud: How 2022 Became the Year of Crypto Carnage\n\nSocialFi\nUnchained: What Is SocialFi? A Beginner\u2019s Guide\n\nCrypto & AI\n\nUnchained: When AI and Blockchain Meet, How Can Each Technology Benefit?\n\n\nThe Chopping Block: Why AI Will Change the Course of History in Crypto\n\n\nLearn more about your ad choices. Visit megaphone.fm/adchoices