We anticipate further melting of physical borders facilitated by Web 3.0-based technological growth that will allow for greater convergence of cultures, communities, economies, and governance globally.
We believe that DeFi has proven that financial architecture can be recreated without intermediaries. We anticipate this promise permeating into more traditional use cases, under greater regulatory oversight, towards solving real-world problems.
We expect the chasm between real and virtual worlds to blur further and progress to shift from tokenomics to better experiences in such virtual worlds.
In 1969, Woodstock was one of the most iconic music festivals the world ever witnessed. It attracted more than 400,000 people far surpassing over 50,000 originally planned. It created a possibility for an entire generation to connect, collaborate & aspire on an unexpected & unprecedented scale over many years. Initially dismissed by media reports as just another hippie music festival, it emerged as a pivotal movement in popular music history & counterculture generation.
40 years later in 2009, in the aftermath of the global financial crisis, the trust in financial institutions was shaken. This led to the exploration of the intersection of technology & economics, leading to the creation of Bitcoin - first immutable ledger or implementation of a blockchain that created a new class of Digital Assets & Distributed Ledger Technology (DLT)
10 years later in 2019, also the 50th anniversary of the iconic Woodstock festival, we founded Woodstock Fund focused on the DLT space sharing similar values of openness, integrity & contribution towards the ecosystem.