Thread by @MerschMax_

Excited to publish the @fabric_vc Investment Thesis in this 2nd edition of the State of the Token Market Report!

fabric.vc/report

Investment Thesis: pages 28-44

@richardmuirhead @Anastasiya_B94 @JulienThevenard @maciejrymarz

⬇️ Core Arguments Below ⬇️

This movement is much more than just crypto - instead it’s a completely new wave of computing architecture driven by a couple of mega trends: Edge Computing, AI/ML and Decentralised Data Networks - 2/9

This wave fits in a history of paradigm shifts, in which technical innovations led to a complete overhaul of business models and value accrual mechanisms. Democratising access to previously locked-up data will push companies to focus on network native business models - 3/9

These network native business models are enabling the golden age of open source software development: driven by developers and enabling them to capture the value of their creation - 4/9

The burgeoning activity in technical development is astounding: On target to 2.5x last years number of Ethereum repositories and already surpassed 44m distinct Ethereum addresses - 5/9

The developer excitement is clear - the most popular dev environments (@trufflesuite & @ZeppelinOrg) are seeing an explosion of downloads, signaling a focus on heads down #buidling!

Over 1.2m combined downloads for Truffle & Ganache and over 300k downloads for OpenZeppelin - 6/9

As investors, we’re adapting the Venture Capital model to properly further the development of the networks we invest in. In a first instance re-thinking how value will be created & captured - 7/9
medium.com/fabric-venture…

And in a second instance how we can actively participate within the networks we back: staking, voting, curating or simply running nodes - 8/9
medium.com/fabric-venture…

We’re on a mission to back the boldest technologists & communities at the earliest stages, support them throughout their journey and become active participants within the networks they are building!

Full investment thesis on pages 28-44: fabric.vc/report

/fin