The 'kumbaya' era of crypto VC has come to an end, says Dragonfly's Haseeb Qureshi

Quick Take

  • Dragonfly’s Haseeb Qureshi explains how the crypto VC landscape is becoming increasingly competitive.

Episode 16 of Season 6 of The Scoop was recorded with The Block's Frank Chaparro and Dragonfly managing partner, Haseeb Qureshi.

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Haseeb Qureshi is a managing partner at the crypto VC firm Dragonfly.

In this episode of The Scoop, Qureshi explains how the crypto VC landscape has changed during his five years at Dragonfly and why he believes 'points' are a more useful mechanism than airdrops for incentivizing user behavior.

OUTLINE
00:00 Introduction
05:41 Dragonfly Early Days
09:45 Early Crypto VC
13:14 Competing in Layer-1s
26:11 Old Blockchains
29:26 Points
31:47 Airdrop Mechanism Design
37:38 Closing Thoughts


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© 2023 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

About Author

Davis Quinton is the Director of Podcasts at The Block and runs our flagship podcast called The Scoop, hosted by Frank Chaparro. Since joining The Block as an 'intern' in early 2022, he has worked closely with leaders across departments to translate The Block's written content into engaging multimedia formats. He holds a degree in Social Research & Public Policy from New York University in Abu Dhabi and is based in Sydney, Australia.

Editor

To contact the editor of this story:
Lawrence Lewitinn at
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