“Our 2023 report goals to handle the imbalance between the noise of fleeting worth actions– and the information that tracks the indicators that matter, together with the sturdy progress of Web3 know-how. Total, the report displays a more healthy business than market costs could point out, and a gradual cycle of improvement, product launches, and ongoing innovation,” wrote a16z’s Daren Matsuoka, Eddy Lazzarin, Robert Hackett, and Stephanie Zinn in an weblog put up.