A crypto fund that just raised $450 million offers bull case for web3

<p>Variant — a venture capital firm founded on the idea that the next iteration of the internet is going to be defined by decentralized, user-owned networks — has raised $450 million to be deployed across two new funds.</p><p>In this episode of The Scoop, Variant co-founders Jesse Walden and Spencer Noon reveal how they plan on allocating the capital — and why Variant remains bullish on the long-term future of web3.</p><p>According to Walden, the technology powering the emerging web3 industry will only improve from here:</p><p>“In the history of technology, technology doesn't get worse and disappear — it gets be...