Web3

A vision of a trustless internet where the underlying architecture is free of trusted data and intermediary service providers. Where people have empowerment, sovereignty, and control over their data and internet usage.

We are early backers of Biconomy that simplify experiences on Web3, Nym who build the next generation of privacy infrastructure, and Pocket Network that coordinate open access to the world’s public data by empowering anyone to provide unstoppable infrastructure.

Digital Communities

A bridge across the traditional boundaries that separate creators and businesses from the communities that share their value.

We see NFTs, social tokens, DAOs, and other community-focused platforms and tools converging to enable the next generation of communities and creators to thrive. To have greater choice, closer agency with each other, and carve alternative livelihoods outside of traditional business and employment structures.

We recognised this with Colony Network, a DAO framework whose mission enables digital organisations to safely collaborate and manage shared resources, in a manner that is more efficient, transparent, and less prone to error than in a traditional organisation.

Future Finance

The future of finance will be built on blockchain rails and the benefits to individual finance and economic empowerment will be seismic. Through incentivized protocols acting as wholesale manufacturers and distributors of financial assets.

These services will offer centralized interfaces competing on top to sell convenience, values-based control, and localized features based on particular regulatory, tax, and language requirements.

We are early backers of transformative DeFi platforms such as Chainflip, developing cross-chain swaps, Float Protocol, a stablecoin protocol that is 100% backed by decentralized collateral and not pegged to any fiat currency, and Vega, a decentralized protocol for creating and trading any margined financial product.

Institutional Adoption

While adoption in the broader crypto-economy has been bottoms-up to date, crossing the chasm to mainstream adoption will require many diverse approaches to meet the needs and requirements of all significant types.

Startups that successfully meet the needs of major enterprises and institutions seeking to use blockchain will become prominent unicorns in their own right.

GK8 are proof of this, by building a resilient custody solution that sends blockchain transactions while being 100% offline, eliminating critical attack vectors, and still providing hot wallet-like flexibility to meet the needs of institutional clients.

Bridge To The Real World

By introducing authentic real-word alternatives of route-to-markets and approaches to handling decentralization.

Our portfolio company, Grainchain, is challenging incumbents in the global supply chains market through decentralizing how farmers bring their agricultural commodities to market. 

Grainchain is building trust through its permissioned blockchain system, which contains diverse stakeholders such as farmers, logistics handlers, distributors, and financial giants like Mastercard. Grainchain is still an Open Internet company at heart, with transparency and control for all constituencies and a roadmap towards greater decentralization over time.