Announcing our investment in Celo — a monetary system to create conditions of prosperity for all
Over the past few days, you may have seen news about Celo cross your newsfeed. Today, we are thrilled to share that we were early backers in the company (since January 2018) as it announces it’s most recent $30M raise led by A16z and Polychain. What exactly is Celo? It’s an open and open-sourced crypto-powered […]
Where is the value in tokens?
Crypto / blockchain has always been as much of a business model innovation as a technical innovation… Technical innovation: running a decentralized ledger / platform at scale Business model innovation: issuing tokens to give users / participants in the platform a stake in the project By issuing crypto tokens, platforms gave early users an incentive […]