Former FTX Ventures head Amy Wu: Never stopped investing in crypto companies and is still looking for founders to create novel consumer experiences

ChainCatcher news, former head of FTX Ventures and Menlo Ventures gaming partner Amy Wu stated on her social media that she has not stopped investing in crypto companies; on the contrary, she remains excited about blockchain applications and is always looking for founders who are creating novel consumer experiences.

Currently, Amy Wu believes the most important points in Web3 consumer applications are: the ordinary audience is larger than crypto-native users; the team fundamentally understands the products that customers need/want/are willing to pay for; the launched tokens are neither the core product of the team nor monetizable; blockchain functionality is the core feature of the product; in other words, the product is not "a blockchain version of XX application" or "a XX application that issued tokens"; the login process is as smooth as other applications in the same category.