a16z Crypto suggests that crypto developers focus on products and regulatory compliance

Arianna Simpson, General Partner at a16z Crypto, suggests that cryptocurrency developers should avoid excessively shifting towards trading platforms, as she believes that homogeneous competition may weaken the market attention of enterprises. Developers who focus on the product itself may be able to build more defensible and sustainable businesses. Miles Jennings, a member of the a16z Crypto policy team and General Counsel, stated that developers should pay attention to regulatory compliance. The Trump administration is close to passing the crypto market structure regulatory bill, which may provide a clear path for financing, token issuance, and decentralization.