Future of VC Funds - March 2022
What is Web3?
Those familiar with the advent and development of decentralized ledger technology generally regard the internet as having gone through two iterations and being on the cusp of a third: Web 3.0, or Web3 as it is commonly referred to.
There is no universally accepted definition of each phase of the internet, nor is not clear where Web 1.0 ends and Web 2.0 begins, but Web3 is markedly different from its predecessors. While Web 1.0 generally describes the early days of computer networks, browsers, and websites and Web 2.0 the applications built on top of that (such as social media platforms, search engines, etc.), Web3 envisages an ecosystem of decentralized applications run on public blockchains, in which the use of digital assets (security or utility tokens, NFTs, etc.) features strongly.
VC Funds: Web3 funds will likely seek to invest in a mix of equities and digital assets, and possibly derivatives of each (such as SAFEs or SAFTs). Regulators may take different approaches as to whether the various types of digital assets, constitute ‘permitted investments’ for certain types of funds or for funds managers that are subject to distinctly ‘analogue’ regulations.
In conclusion, it should be obvious to all that digital assets will increasingly form part of the VC ecosystem and cannot be ignored by anyone focused on tech investing. However, Web3 investments will not always sit comfortably within conventional VC strategies, structures and regulations and so VCs looking to launch Web3 funds need to tread carefully. Over the past decades, the key developments in the funds space have focused on control, tax, and regulatory matters – normally to combat the perceived risks and excesses of the investment management industry. It is incredibly refreshing and genuinely exciting that today’s developments are driven primarily by technological ingenuity and entrepreneurship that promises to reshape the world as we know it.
SPEAKERS
Wolfgang Männel - Senior Partner, Blockchain Founders Group
Pranav Sharma - Founding Partner, Woodstock Fund
Alex Von Frankenberg - Managing Director, High Tech Gründerfonds
Tracy Trachsler - Managing Director, CV Labs
MODERATOR
Sagar Barvaliya, Investment Manager of Blockrocket
----------------------------------------------
‘Future of VC Funds’ belongs to the event series about different blockchain topics that are brought together by Blockrocket. Blockrocket is an investor in early-stage blockchain startups. They are based in Germany but invest globally with ticket sizes ranging from €100-500k. Together with their venture capital partner, the Blockchain Founders Group they specialize in pre-product-market fit business models in the blockchain space.
ABOUT DISRUPT NETWORK
Blockchain and community building. This is our mission. The Coronavirus did not make things easier for us, but we will now move our events online to help education and dissemination in the blockchain area.
Do you want to become our speaker? We aim at 500+ video conference participants per talk. Write to: [email protected]
HOW TO STAY UPDATED
We do online talks and online panel discussions 2x per week. We frequently post our next events on Twitter and on LinkedIn. Follow us to stay up to date:
See our schedule: https://www.eventbrite.com/o/disrupt-...
Follow us on Twitter: / networkdisrupt
Follow us on LinkedIn: / disrupt-network