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Consumer Sector Brief - October 16th, 2023

Oct 16, 2023 ⋅  5 min read

a16z Crypto has led investment rounds in consumer-focused companies including Proof of Play, Blackbird, and IYK. Concurrently, despite a decrease in NFT trading volumes on both Ethereum and Solana, floor prices for top Ethereum-based NFT collections have increased recently. Additionally, Farcaster, a decentralized social platform, has maintained consistent user engagement over the past month and recently transitioned to a permissionless model.

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Ally is a Research Analyst on the Enterprise team at Messari. Prior to joining the team, Ally worked as a Structural Engineer at Magnusson Klemencic Associates. Ally graduated from the University of Illinois in 2018 with a master’s degree in Civil and Structural Engineering.

About the author

Ally is a Research Analyst on the Enterprise team at Messari. Prior to joining the team, Ally worked as a Structural Engineer at Magnusson Klemencic Associates. Ally graduated from the University of Illinois in 2018 with a master’s degree in Civil and Structural Engineering.