We back startups bringing digital and physical resources onchain to expand and strengthen the foundation of our shared future.
Human progress has always been defined
by our ability to manipulate energy and atoms
over spacetime.
We believe the most obvious use case for
blockchains and tokens is to find, fund, and
facilitate the most efficient use of these
thermodynamically constrained resources at
civilization scale.
This innovation couldn’t come at a more
critical moment.
Traditional systems are crumbling.
Legacy institutions are more concerned with
maintaining power than keeping pace with
technological and societal change.
And the current investment ecosystem is s
imply not focused enough on these basic
building blocks of prosperity.
But a new generation of ambitious builders
isn’t waiting around. They’re creating an
operating system for humanity’s most
pressing challenges, built on public
blockchain networks.
Financed, operated, and governed using
tokens, these dynamic networks of hardware
and software will forge a new foundation for
our shared future.
Human progress has always been defined by our ability
to manipulate energy and atoms over spacetime.
We believe the most obvious use case for blockchains and tokens
is to find, fund, and facilitate the most efficient use of these
thermodynamically constrained resources at civilization scale.
This innovation couldn’t come at a more critical moment.
Traditional systems are crumbling.
Legacy institutions are more concerned with maintaining power
than keeping pace with technological and societal change.
And the current investment ecosystem is simply not focused
enough on these basic building blocks of prosperity.
But a new generation of ambitious builders isn’t waiting around.
They’re creating an operating system for humanity’s most pressing
challenges, built on public blockchain networks.
Financed, operated, and governed using tokens,
these dynamic networks of hardware and software
will forge a new foundation for our shared future.
Blockchain networks and novel cryptographic innovations that enable the utilization of block space for specialized applications. This category also includes middleware and developer tooling.
New models for capitalizing, constructing, and governing physical infrastructure networks and digital resource networks using a token as an incentive and governance mechanism.
Protocols and firms pioneering the creation of net new commodities that facilitate hedging, speculation, and the financialization of digital infrastructure and the physical inputs in the compute value chain.
New models for resource aggregation and marketplaces that enable vertical and horizontal integration in resource intensive applications and industries.