Private Token Sales: How Crypto Is Changing Venture Capital

In June 2021, the decentralized blockchain Solana announced that more than $300 million dollars of Solana tokens had been purchased. The buyers were a long list of venture capital (VC) firms, led by powerhouses Andreessen Horowitz (also called a16z because of the 16 letters between A and Z in the name) and Polychain Capital. Solana … Read more