Feb 7, 2024
Dear Friends & Family,
Our friend, colleague, researcher and founder, Philipp Sandner, passed away on January 16, aged 43.
Philipp was the center of gravity of the German blockchain community. He was a source of energy and inspiration for many.
Read our obituary if you want to learn more about a person who has made an impact on so many of us and left a remarkable legacy beyond theory.
This January event in a quaint village in Switzerland often stirs glamorous conspiracy theories about Global Elite Control, the New World Order, and the Great Reset.
However, our "Web3 Investor Gathering" event was again a great way to start the year. It provided an excellent setting to meet with both current and potential fund investors, blockchain movers & shakers, and venture capital colleagues from across the globe.
Yat Siu, the Co-Founder and Chairman of Animoca Brands, and Anthony Scaramucci, the relentless "never give up" advocate and Founder of SkyBridge Capital, came for up close and personal fireside chats.
Twelve experts from leading companies in the crypto community shared their insights on our panels, sparking good discussions.
Our Panorama room in the Hotel Seehof was bursting at the seams, and judging by the attendees' reluctance to leave even after four hours, our "Web3 Investor Gathering" event seemed to have achieved exactly what we had hoped for.
We'll be back in January 2025.
The technological migration from a centralized clearing to blockchain technology in the fund industry is inevitable.
But as self-evident as the move to new technology in financial markets may seem, it takes mission-driven founders with extensive industry experience, stamina, and conviction to drive the change. Volker Braunberger and Johann Hainzinger fit this mold remarkably well.
And it seems that numerous open-minded fund administrators, eager to shape the future rather than react to changes post facto, agree, as evidenced by the extensive list of potential clients the company is talking to.
We are very glad to be the first external investor in Funds on Chain and have every confidence that this team will deliver an attractive value proposition to fund administrators all over the world.
This month, there is one book that many people are talking about, and it is fresh offthe press:
Chris Dixon's "Read Write Own: Building the Next Era of the Internet."
Dixon is a general partner at the venture capital firm Andreessen Horowitz and leads the crypto division. He was ranked #1 on the Forbes Midas List of the world’s best venture capital investors.
Given his position and the legacy of his colleague Marc Andreessen, who played a historic role in popularising the Web1 Internet with his Mosaic and Netscape browsers, Dixon's insights into the Internet's future are highly anticipated.
The book is well-written and easy to understand, even for those of us without Metamask wallets connected 24/7.
Dixon critiques the persistent "casino" aspect of crypto yet optimistically suggests that blockchain technology might be on the verge of its defining moment, akin to the iPhone's launch.
His perspective on the transformative potential of Web3, given his deep involvement in the earlier phases of the Internet, makes for a most compelling story.
There is a considerable gap between what is possible with technology an what is being done today.
And that is why, even amid geopolitical instability and financial market fluctuations, we wake up each morning filled with great optimism about the potential for technology to leave a positive and enduring legacy.
We're always looking for founders leveraging Web3 tech to solve problems 10x better, faster, or cheaper. If you should come across a great team in this space, we would love to hear about them.
As always, if you have any comments or questions, you can reply directly to this newsletter.
Thanks for reading!
Wolfgang, Ben, Marcel, and Sagar