Adoption is closer and closer | Cathy He

[Music] thank you so I think last year we can all agree it's been a very terrible year um I mean first we had a lot of liquidity draining out of the system and we have several centralized entities heavy issues and being on top of the headlines maybe what we do see in the market is that there's so many Technologies actually being a part of this ecosystem forming in this market that's worth investing in so I always talk about the potential of what we look into in the future for example modular blockchain for example sort of the new decentralized economies and then of 2023 and in many ways I think adoption is becoming closer and closer as we go through the trauma of something like that TX collapse a lot of us are looking to self-custody and being aware of these options in the market and something that I see in the market and it's super exciting [Music] foreign [Music] yeah I think the new um the New Frontiers of blockchains what we are thinking about a very interesting part of the ecosystem that is growing is after ethereum has merged and the so-called e 2.0 we now see a lot more infrastructure being built around validators a lot more participants in validating the network as well as better solutions that helps validators to grow and being there at their best so supporting a very performant blockchain is very um is that the essential of what we are investing in and we continue to be at the frontier looking for new projects [Music] I think when we think about blockchain as infrastructure it is a network that has gained a lot of traction adoption um and so hence we actually see fairly very similar effects as a network effect in traditional technology in addition to that I think validators are kind of a network of systems um or I would say Safeguard systems that actually helps the system to run better from faster but more in a decentralized way so there are key problem infrastructure that is that is actually very similar to backs if you think about them so we want to help these validators to create more value and the kind of work they do and as well as help them to become more Capital efficient just like in the traditional bias [Music] blockchain has been a underdog in the technology space we have attracted thousands hundreds of thousands of developers into the industry and all of them are working very hard to push the frontier so as an investor when I see so many people engaged in the open debates about how to govern and Dell how to govern a technology and how to improve the performance of ethereum it's super clear and I think that's something that really keeps me passionate about this industry foreign [Music] so a lot of the technology sometimes require Capital to grow and scale and we're that support system for Founders who are looking to essentially bring amazing technology to the public so the key actually to our work is we always think about how do we break the next billion users into this great technology um so that's really the center of my work [Music] thank you