Goldfinch Africa lending dream ends in defaults and 99.8% token crash
Goldfinch was supposed to use crypto and decentralization to distribute loans to creditworthy borrowers in developing markets like Africa.
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Goldfinch was supposed to use crypto and decentralization to distribute loans to creditworthy borrowers in developing markets like Africa.
Read more (4 min) →The crypto world is entranced by the dawn of supposed AI-managed hedge funds. Unfortunately, A16z and other humans are actually responsible.
Read Write Own by Chris Dixon has somehow made the New York Times Best Seller list. But why does nobody care about the bundled NFT?
According to the NYT, Chris Dixon and a16z have attempted to present more sales than real demand -- a concept a16z is familiar with.
a16z's Chris Dixon claimed that the firm would never invest in a token with a public token sale, but it seems it repeatedly did.