In this crypto news content, Simon Dedic of Moonrock Capital expresses his desire to see more consumer apps in the cryptocurrency space. While there has been a focus on investing in infrastructure projects, Dedic believes that investments in consumer apps should also be prioritized. He suggests that building infrastructure and gaining adoption through consumer apps can evolve in parallel, similar to how the internet and email technologies developed. Dedic believes it is the responsibility of venture capitalists (VCs) to take care of user onboarding and not solely focus on funding infrastructure projects. He mentions SocialFi as an area of interest, emphasizing the importance of utility for users rather than speculation and financialization. Dedic hopes to see new social experiences on crypto rails and a low entry barrier to onboard the masses into the crypto space.



Other News from Today