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.

Listen below, and subscribe to The Scoop on YouTube, Apple, Spotify, Google Podcasts, Stitcher, or wherever you listen to podcasts. Please send feedback and revision requests to podcast@theblock.co.

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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