Value Accrual in Nascent Token Economies — with Lasse Clausen of 1kx Capital

0 17


Today’s Topics

[0:54] How Lasse’s background as a software entrepreneur with a focus on mobile apps led him to develop a crypto investment fund

[6:32] How the space has evolved to start attracting application-layer entrepreneurs and enterprise developers

[12:05] The characteristics of a visionary vs. mercenary developer

[13:29] The 1kx thesis for making investment decisions and why they are token maximalists

[22:09] How 1kx expresses its investments when tokens are out of fashion and the value in being a ‘natural contrarian’

[26:16] 1kx’s long-term time horizon and how it’s influenced by the open-source model in the crypto space

[28:16] Why 1kx is focused primarily on Ethereum

[30:15] Why 1kx chooses not to invest in any pure-play or liquid cryptocurrencies other than Ethereum

[32:30] Lasse’s insight around having conversations with LPs and how 1kx attracts specialist, sophisticated crypto investors

[35:05] The advantage 1kx has in being an evergreen fund

[37:08] The qualities 1kx is looking for in a crypto founder

[40:50] How 1kx adds value beyond the capital they provide

[45:17] Lasse’s take on the most interesting crypto subsectors, including payments, DeFi and Web3

[54:13] The token models that make the most sense for value accrual when it comes to computation and storage

[56:33] The crypto scene in Berlin and why it appeals to brilliant technical founders

[58:41] The strengths and weaknesses of the crypto ecosystems in Silicon Valley, Berlin, and Asia

You might also like

Pin It on Pinterest

Share This

Share this post with your friends!

WhatsApp chat