We think of most crypto assets like "network equities"
A new asset class with governance and financial rights
Only for professional investors
What, Why, How Crypto
Crypto markets are complex, but offer the best investment opportunities over the next decade. The attractive properties of web 3 tech will increasingly find its way into the real world by “powering” and reshaping coordination globally.
What
Crypto assets are scarce digital tokens that organise crypto networks, which are distributed (shared) databases where users own their own data.
Enabling technologies are cryptography, computer protocols and economic incentives which permit the networks to maintain a true state without a third party (i.e. trust minimised). Key features are censorship resistance and open source.
Why
Today’s social-economic coordination is built on so many complex layers of trust that it’s often inefficient, and abuse is difficult to detect.
Web 3 enables scaling- and coordination solutions that offer significant “trust efficiencies”, from productivity, innovation, and value distribution. Crypto networks are a social-economic upgrade from today’s mostly centralized and value extractive solutions.
How
Network effects from crypto assets use case drive the overall value flows. Crypto capital assets (“network equities”) have discountable value flows whereas crypto commodities derive its value form network effects from its core utility (NV=n2).
Crypto assets can take many forms and can be a combination of commodities and capital assets which is distinctive for the crypto space. Some also takes SOV properties.
We Identify at least 3 multi USD trillion opportunities
Web 3.0
(Data ownership & logic unbundling)
DeFi
(Decentralized Finance)
Trustless currencies
(Bitcoin et al…)
Unbeatable crypto and traditional asset management extpertise
Arne Vaagen
