Polychain is investing in blockchain assets. We do not invest in private companies or hold shares in private companies. We invest purely in tokens or digital assets, and those include assets that people are familiar with, like bitcoin and ethereum,… — Olaf Carlson-Wee Copy Share Image
Polychain manages a hedge fund that invests exclusively in digital assets. We invest exclusively in protocols, not companies, and we do this by investing in things made scarce through the blockchain. — Olaf Carlson-Wee Copy Share Image
In a world with many blockchains and hundreds of tradable tokens built on top of them, entire industries are automated through software, venture capital… — Olaf Carlson-Wee Copy Share Image
This is unproven technology, and if you don't know what you're doing, you shouldn't interact with tokens - from an investor and security perspective. — Olaf Carlson-Wee Copy Share Image
For the first time, entrepreneurs can monetize their own open-source and peer-to-peer network. They can crowdfund and raise money from people across the world… — Olaf Carlson-Wee Copy Share Image
Application-specific tokens, or app-tokens, are built on top of existing general-purpose blockchains like Bitcoin and Ethereum. For the first time, open-source project creators can… — Olaf Carlson-Wee Copy Share Image
There will be many types of assets codified into the blockchain, and they are all not just going to be on the bitcoin blockchain… — Olaf Carlson-Wee Copy Share Image
It doesn't always make sense to have a token on the blockchain that is both useful and represents ownership - it has to be… — Olaf Carlson-Wee Copy Share Image
Taxes have been complicated. Every single time I spend a Bitcoin, it's a taxable event. It's like I bought and sold an asset. It… — Olaf Carlson-Wee Copy Share Image
If the Numerai fund performs well, that should lead to more assets under management, which should lead to more revenue for Numerai's general partner,… — Olaf Carlson-Wee Copy Share Image
I've been through a lot of moments when other people thought Bitcoin was going to implode, and in those instances, I generally have seen… — Olaf Carlson-Wee Copy Share Image
We are seeing more managed money and, to an extent, institutional money entering the space. Anecdotally speaking, I know of many people who are… — Olaf Carlson-Wee Copy Share Image
We are seeing entrepreneurs issuing their own blockchain-based tokens to raise money for their networks, sidestepping the traditional, exclusive world of venture capital altogether.… — Olaf Carlson-Wee Copy Share Image
Polychain is investing in blockchain assets. We do not invest in private companies or hold shares in private companies. We invest purely in tokens… — Olaf Carlson-Wee Copy Share Image