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“We may have all come on different ships, but we’re in the same boat now.” — Martin Luther King, Jr.

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Today, I’m excited to announce that I have joined the investment team at CoinFund, and am eager to contribute to the continued momentum and future success of the firm’s network lifecycle investing approach which covers liquid, venture, and cryptonative investing in the blockchain space. Blockchain continues to be a fascinating, humbling, and uniquely interesting space. But before we get to talking about the future, I thought it was an appropriate time to take a look at the recent past.

There has never been a more exciting time to be in the space, where the pace of innovation is inspiring, at times frightening, but always exciting. Even though I’ve only been immersed in the world of digital assets for a short time compared to my preceding finance career, the wholesale progress made by the sum total of people, projects, and market participants in our world is nothing short of amazing. We have seen the waning of the SAFTs and the STOs that tried to fill big shoes in a post-ICO world, the excitement over and subsequent disappointment in the first generation of Ethereum-killers as some have fallen short of their ambitions. More recently, the explosion of DeFi protocol TVL (total value locked) and the resulting hangover threatens to throw out the baby (unique use cases that have found product-market fit) with the bathwater (the many forked clones of the aforementioned baby, seeking to cash in on unaware retail investors late to the party). Despite all that excitement, we are now on the cusp of unleashing the building blocks of the next wave of technology-enabled finance in a way that is inclusive, safe, and value-additive in a universal and deeply unifying way for all of us that share the stewardship of this planet. For example: blockchain-enabled cross-border remittance capabilities are already life-changing for a migrant worker and her family back home especially in the presence of foreign currency controls, but adding a full suite of financial services on top, such as the ability to earn interest or be insured against losses fundamentally changes the game in a radically inclusive way for previously excluded people, while lowering costs for all market participants globally. …



About

Evan Feng

NYC-based digital asset L/S investor @ https://coinfund.io/. Traditional finance background (IB and HF x2), now seeking to understand and price the future of $.

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