focus on andreessen horowitz -- focus on nfts. why don't you think this is a fed?ie: many people think it is only digital art but it is actually more than that. it is a new economic paradigm for the web and we believe that this is really going to redefine the web by putting power directly into the hands of creators not just of digital artists but all kinds of creators. also into the hands of users and away from centralized platforms and things like youtube which have pretty high take rates and high barriers to entry so we see that changing already. emily: would it make sense to invest in any new crypto exchanges or are the ones we have enough? katie: you mentioned exchanges which are picks and shovels and we certainly specked to deploy part of this fund into picks and shovels but we are also investing heavily in tokens. open sea really sits at this unique position where they, like coinbase, allowed an early class of consumers, ordinary people to access crypto. open sea is mainstreaming nft for a whole new class of users and that is why we have seen a further mainst