Outlier Ventures Weekly Brief Issue #38 View Online

Read all about investments in Blockchains in 2019 in our newest report here. 

As the world burns and recession looms, it’s hard to think about anything else. Sure, freedom is pretty important too, trying to protect individual freedom by allocating capital and resources towards building privacy-preserving tools gets me up in the morning. It’s the Pact Coffee Micro Lot perfectly balanced complex flavour profile that keeps me going though. (Yes I have a beard and a wardrobe full of checkered shirts, come @ me.) Anyway, this week I have been feeling like I am rearranging deck chairs (digital infrastructure) on the titanic (the earth) about to plough into an iceberg (climate change). I read this by David Wallace-Wells on the climate crisis and you should too, especially considering what’s going on in the Amazon today. 

But digital infrastructure is what you are here for and digital infrastructure is what you shall get. That said, if you know of anybody working on climate change problems utilising open and decentralised systems, please do share them with us. (I guess moving away from proof-of-work as a decentralised consensus algorithm is probably the first thing to do? Is sound money worth the energy consumption of Denmark!? Seriously, as I use my reusable water bottle and diligently do the recycling, how can I justify owning Bitcoin or Ethereum?) I am really excited for the Chia Network in this regard. Also, maybe there is something in carbon pricing. Would carbon pricing be more effective if blockchains were used to make issuance and exchange falser, easier and cheaper? I don’t know tbh, but I am keen to find out more.   

So back to digital infrastructure. Is it open, private and decentralised yet? Well, not quite yet. It’s slow going. My colleague Joel John did some great analysis on funding in the space since 2013 which was insightful. $23.7 Billion raised by 3738 blockchain companies since 2013, 75% of which has been at Seed and Angel stage. So plenty of money sloshing around to build stuff. But money is only a small part of the equation when it comes to company and network building. Blockchain VC investment is only 4% of global venture capital in 2018. And $23.7 billion has only turned into 3% of global technology value as captured in stock/tokens. And it has only attracted less than 1% of global developers. We are still lacking talent, expertise, and guidance. 

It’s still very early days. It might not seem it when you are deep in the weeds of Taproot upgrades and EIP-2028 but 96% of venture funding and 99% of developers are not even paying attention to the space. I am hoping that we can take the technologies and tools mainstream and use them to help solve actual meaningful real world problems. As always, get it touch if you think that is you. 

Reading: The Uninhabitable Earth, Annotated Edition
Listening: Underwater by RUFUS DU SOL
Using: Sign up today if you are in the UK or US. Tell them Outlier sent you. 

Stack Resources. 

Peace, Lawrence

From The Stack

  • Ocean is launching a hackathon with upto 3.4 million in Ocean tokens for grabs. This could be an excellent opportunity for the buidlers in our community to learn about the new data economy and win some tokens while at it. Make sure you register for it - Link
  • Agoric CEO E. Dean Tribble was on the podcast this past week. Listen to the whole episode to understand Agoric's core value propositions -  Link
  • Ever wondered how self sovereign identity would work if you lost your cell phone? The team at Sovrin has the answer. Read to find more - Link
  • Golem has released "Golem Insights". A standalone platform for real time data on the network's health. Dig into the numbers over the weekend!-  Link
  • Chainlink has collaborated with to provide real time validation of transaction hashes. This enables smart contract developers to source information from all 17 blockchains indexed by  Chainlink currently - Link
  • FOAM released a video demo of the product being used to process and validate a presence claim over radio -  Link
  • The team from Outlier Ventures was at Berlin Blockchain Week. We officially announced Diffusion. If you are a developer, make sure you join us in October for 2 days of hacking in collaboration with 17 protocols - Link

What The Team Is Reading

Get Involved


If you are interested in what we are doing and want to get involved, get in touch:

    Email a Friend  
You can update your preferences or unsubscribe from this list
This email is intended only for the person to whom it is addressed and may contain confidential information. No one else may place any reliance upon, copy or forward all or any form of this email in any way. If any addressing or transmission error has misdirected this email, please notify us immediately by responding to us directly, and ensure that the email and any attachments are immediately and permanently deleted and is not used, disclosed, copied, printed or relied upon in any manner. In no event shall Outlier Ventures Operations Ltd or Outlier Capital LLP be liable for any direct, consequential, incidental special, punitive or other damages, whatsoever (including without limitation, damages for loss of business profits, business interruption, or loss of business information), even if Outlier Ventures Operations Ltd or Outlier Capital LLP have been advised of the possibility of such damages. Outlier Ventures Operations Ltd may monitor email traffic data and also the content of this email for the purposes of security.

Outlier Ventures Operations Ltd is registered in England and Wales, company registration number 10722638. Outlier Ventures Operations Ltd is an appointed representative of Sapia Partners LLP which is authorised and regulated by the Financial Conduct Authority (Firm Reference Number 550103).

Crypto-currencies can be extremely volatile and subject to rapid fluctuations in price, positively or negatively. Investment in one or more crypto-currencies may not be suitable for even a relatively experienced and affluent investor. Each potential investor must make their own informed decision in connection with any such investment (after having sought independent financial advice thereon).

The content provided in this email is provided for information purposes only. It is not intended as an offer or solicitation to enter into any proposed transaction or investment.

In this email you will find links to other websites; they are for your convenience or to provide additional information, they are not an endorsement or a financial promotion. Outlier Ventures Operations Ltd Is not responsible for any contents, data, opinions and or reliability of the linked websites, and does not necessarily endorse views expressed on the linked website, and does not accept liability for the accuracy or completeness of any such information or opinions which can be subject to change without notice.
You can update your preferences or unsubscribe from this list

This email was sent to <<Email Address>>
why did I get this?    unsubscribe from this list    update subscription preferences
Outlier Ventures Operations Ltd · C/O Milsted Langdon LLP · 46-48 East Smithfield · London, Middlesex E1W1AW · United Kingdom