Investment Thesis: Digital Assets
By GoingVC Members Michael Huang & Michael Joseph
The Internet launched an explosion of decentralization in information and services. Digital
assets via blockchain are the next step in that narrative. Their impact will shift wealth and
influence in unprecedented ways.
Investors and more importantly, USERS have realized this.
- $80 billion has been locked up in decentralized finance projects to date.
- $2 billion of sales in NFTs were done in Q1 2021 alone.
- Over $25 billion of Bitcoin was snatched up by institutions in 2020.
The world is moving towards an increasingly pseudonymous and decentralized economy.
Digital assets are how participants in that economy communicate with each other.