Moonrock Capital Advocates for Parallel Development of Consumer Apps and Infrastructure

Simon Dedic from Moonrock Capital emphasizes the need for more consumer applications in the crypto sector. Key points include:

• A significant amount of capital has gone into infrastructure projects over the past year.
• Dedic suggests that while infrastructure is crucial, parallel investment in consumer apps is necessary.
• He compares the current state of crypto to the early internet, advocating for simultaneous development.
• Dedic believes venture capitalists (VCs) should focus on user-friendly solutions rather than solely funding infrastructure projects.
• In the SocialFi space, he identifies a shift towards utility for users rather than speculation as critical for success.
• Dedic is optimistic about new social experiences built on blockchain technology and advocates for lowering entry barriers to attract users.