Announcing our Investment in Bison Trails
We’re ecstatic to announce Accomplice’s co-lead investment in New York City based Bison Trails, building infrastructure for decentralized networks.
The market opportunity, high caliber team, and early traction working with cryptonetworks underscore our excitement in partnering with Bison Trails.
We were introduced to Bison Trails founders, Joe Lallouz and Aaron Henshaw, by Nick Chirls at Notation Capital, and immediately hit it off with the team. Joe and Aaron have the rare combination of deep technical chops, crypto-native insights, and operational genes to build something special in the burgeoning blockchain space. These two founders could have built impactful businesses in a variety of sectors, and their decision to launch Bison Trails shows blockchain is attracting relentless, serial entrepreneurs.
As active crypto and blockchain investors, we at Accomplice run nodes for our protocol investments, and are cognizant of the popularized “generalized mining” segment — ultimately, we believe that network security and block production and validation requires active optimization, and specialization as protocols decentralize, evolve and mature — this is the DNA of Bison Trails.
We believe Bison Trails is launching at an opportune time and will mesh nicely with the dozens of proof of stake protocols launching now and in the coming months. These networks have baked in incentives for token-holders to “stake”, be active network participants, and avoid potential coin deflation. Today, Bison Trails is actively securing protocols Livepeer, Tezos, and Decred and is building for dozens more. Looking forward, we believe cryptonetworks will generate new pockets of value for users, developers, and stakeholders where Bison Trails acts as the trusted staking and infrastructure partner.
We are humbled to partner with Joe, Aaron and the Bison Trails and embark on a multi-year journey alongside co-lead Initialized Capital, and a cast of firms and angels we deeply respect. Bison Trails and its team embodies the types of attributes we love in entrepreneurs, high-caliber, ambitious, attacking hard, important problems.