Latin America’s cryptocurrency economy is expanding at breakneck speed. In the 12 months through mid-2024, crypto value received in Latin America surged by approximately 42.5% year-over-year (YoY) – one of the fastest growth rates globally. This outpaced growth in regions like Europe (~35%) and North America (~23%), reflecting a crypto boom led by countries such as Colombia, Brazil, Mexico, and Argentina.
(mehr …)Among the various instruments available to startups for raising capital, the Simple Agreement for Future Equity (SAFE) has gained traction since its introduction by Y Combinator in Silicon Valley. For early-stage founders, particularly those in accelerator programs, SAFEs can be a lifeline, offering a flexible way to raise funds without diving into the complexities of traditional equity rounds.
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This article picks up on some topics addressed in a16z’s recently published “2023 State of Crypto” report and provides an assessment of some of the latest developments, such as Web3 centralization, the modular blockchain approach, and Ethereum restaking. - Author: Elias Mendel