We invest in protocols
Protocols are vending machines for internet services (storage, processing, data, etc) . Everyone connected to the internet is a potential supplier. The vending machine only accepts coins custom to that protocol, which are reliably scarce.
These vending machines have unusual economies of scale. Anyone on the internet can contribute unused computer resources (storage, processing, data, etc). Protocols can attract orders of magnitude more resources than centralized companies.
Because there’s a market for these resources, and markets are efficient, vending machine users always get the best price for resources.
As the vending machine becomes popular the scarce coins should go up in value.
We expect protocols like these to both bring the cost of internet services (like cloud storage) down significantly while also capturing value at a scale never before seen.
The materials on this website are for illustration and discussion purposes only and do not constitute an offering. An offering may be made only by delivery of a confidential offering memorandum to appropriate investors. Past performance is no guarantee of future results.