1confirmation
Crypto-native venture fund focused on the ownership economy and decentralized protocols.
1confirmation is one of the few crypto VCs that actually understands the technology deeply rather than just chasing hype. Nick and Richard have real conviction and won't invest in projects they don't believe in long-term, which means they're pickier but more supportive. They're particularly strong on technical due diligence and tokenomics design. The downside is they're crypto-only, so if your pivot plans include moving away from web3, they're not your fund. Also, being early in crypto means some of their big wins happened during the bubble, so jury's still out on their ability to pick winners in a more mature market.
- —Best for: Crypto/web3 founders who want investors who actually understand the tech
- —Watch out for: Pure crypto play - no help if you pivot away from web3
- —Known for: Deep technical diligence and strong conviction investments
1confirmation invests in crypto and web3 infrastructure, believing that decentralized networks will create the next generation of internet protocols. They focus on early-stage companies building the foundational layer of the decentralized web.
Seed to Series A crypto/web3 focused fund, with heavy concentration in DeFi protocols, NFT platforms, and blockchain infrastructure. Portfolio shows they'll go earlier and riskier than most traditional VCs in crypto.
Former product manager at Coinbase who went full crypto native early. Known for deep technical understanding of protocols and strong conviction plays. Founders say he's genuinely helpful on tokenomics and go-to-market strategy.
Ex-Facebook product manager turned crypto researcher. Prolific writer on crypto trends and DeFi mechanics. Reputation for being very hands-on with portfolio companies on product strategy.
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