Boost VC was the first institutional fund that was brave enough to deploy into crypto back in 2013, and we’re also the first crypto fund that was brave enough to expand the investment thesis to include hard-tech startups as well. Since then we’ve led investments into dozens of companies which are standing up entirely new markets from scratch — from Radiant building mobile nuclear reactors, to Gigamune developing new kinds of in-vivo cell therapies, to Starfish Space pioneering a more sustainable lifecycle for satellites. Over the last 10 years of crypto’s existence, we’ve also witnessed the emergence of a completely new pattern for human organization which has expanded the design space for new institutions which can now exist. Token incentives and shared rulesets have shown us that a large number of small participants can take on markets which are normally dominated by a small number of large participants.

In Paul Graham’s famous “Be Good” essay, he outlined how startups could find product-market-fit: make something people want. If we believe that our token is the product, then the question we’re left with is: how do we make a token that people will want?

It’s impossible to tell the story of NFTs without starting with CryptoPunks — not only because of their superlative earliness but more importantly because of...

Crypto founders chronically overvalue the go-to-market of their products, and undervalue the go-to-market of their tokens.

Today we’re announcing that we’re sunsetting the Myco platform, and shutting down all of our operations related to the project.

Incentives are powerful. They help us build systems that shape human behavior, leading the right people to do the right things at the right time.

Crypto has a fixed-supply problem. We’re obsessed with assets which can’t be diluted.

When we first kicked off work on Myco over a year ago, we had a simple thesis: that the value accruing from a community's activities should flow back to its contributors.

For part 1 of this post, please read