/ Writing
I’m excited to announce that Multicoin Capital has co-led a $3.5M investment in dfuse with Intel Capital, including participation from Diagram Ventures.
Today, Ethereum is the leading smart contract platform. While the trust-minimization properties of Ethereum are compelling, many developers are realizing that Ethereum simply cannot support the applications they want to build. Because of this, developers are choosing to build on other chains at an increasing pace. What applications are being unbundled from Ethereum, what applications are increasingly bundling around Ethereum, and what are the long-term implications for ETH’s monetary premium?
Among the crypto development and investor communities, the most popular term is “protocol,” and for good reason. Everyone is building a protocol (and presumably these protocols offer investors and employees some way to generate returns).
/Binance Coin ($BNB) Analysis and Valuation
Binance is the crypto exchange that best exemplifies Bezos’s famous quote. The industry leading exchange charges the lowest fees in the industry as a strategy and competitive advantage.
I’m proud to announce that Multicoin has led a $2.5M seed round in The Graph. We believe that The Graph is going to be one of the most important protocols in the Web3 stack.
Over the last 20 years, a lot of companies have built large online marketplaces to connect buyers and sellers. Amazon, eBay, Uber, and AirBnb typically come to mind as the most obvious examples. But there are many more.
As 2018 comes to a close, we’ve been thinking about some of the big questions that crypto still needs to answer.
Crypto networks are supposed to be decentralized. As Balaji Srinivasan, CTO of Coinbase, has written, decentralization can be measured in a number of dimensions.
Today we’d like to announce Multicoin Capital’s investment in StarkWare’s $30M Series A financing alongside a cast of other great investors, including: Paradigm, Sequoia, Intel Capital, DCVC, Wing, Consensys, Atomico, Coinbase Ventures, Collaborative Fund, Scalar Capital, Semantic Ventures, Pantera, and Floodgate.
Today I’m extremely excited to announce that we led a $9.65M investment round in SKALE.