a16z Crypto is Launching an Academic Research Lab Focused on Web3

Venture capital giant Andreessen Horowitz (a16z) is diving deeper into the crypto market with the launch of a new academic lab dedicated to tackling research problems facing the fast-growing digital asset industry.

Dubbed a16z Crypto Research, the new unit will be led by Tim Roughgarden, a prominent academic expert in game theory who has been a professor at both Stanford and Columbia. He joined a16z as a research advisor last year and will now take the title of head of research.

Roughgarden’s goal is to create a university-like effort within the firm akin to Bell Labs or DeepMind, the artificial intelligence research subsidiary of Google’s parent company Alphabet.

“It is clear that web3 is a new scientific breakthrough that brings together ideas from computer sience, finance, economics and the humanities,” noted Ali Yahya, a general partner at Andreessen Horowitz, in an interview with The Block.

Read More at The Block Crypto

Read the rest at The Block Crypto