Bitcoin’s creation in 2008 brought disruption to money and payments. Value could now be transferred via a global and decentralized ledger.
In 2014, Ethereum went one step further and proposed a global virtual machine running on a blockchain. A simple analogy: if bitcoin is a calculator, Ethereum is a world computer.
In 2017, the world seemed to wake up to the disruptive potential of platforms like Bitcoin and Ethereum and prices rose substantially, only to come crashing down over the ensuing two years.
But during that bear market, core infrastructure continued to get built - from protocol enhancements to wallet interfaces; from decentralized finance (aka “DeFi”) to non-fungible tokens (aka “NFTs”); from local exchanges to multinational crypto banks.
Today, there has been renewed interest in the digital asset space and we stand on the cusp of what we believe will go down in history as an unprecedented period of innovation - the so called third iteration of the internet. This is the Web 3 vision of a decentralized web: you own your data, your privacy is maintained, rent-seeking middlemen have less power and money is a native feature of the internet.
What We Do
At Ether Capital, our team is comprised of professionals from (i) traditional financial markets, (ii) venture capital, and (iii) crypto-native projects. We are all passionate about and dedicated to the Ethereum and Web 3 movement. We provide the experience, expertise and the access to this groundbreaking technology.
Ether Capital’s business strategy is to invest in projects, protocols, technologies and businesses that leverage the Ethereum ecosystem and Web 3 (i.e., decentralized) technologies. Ether Capital is pursuing a long term business model built on three pillars: (i) investing in Ether to facilitate participation in the Ethereum ecosystem, (ii) investing in tokens or equity of other projects aimed at developing technology for decentralized applications, and (iii) ancillary blockchain services that generate income from passive assets. Our investment thesis revolves around the key pieces of infrastructure that will pave the way for mass use and adoption of Ethereum and Web 3 platforms.
The internet as it exists today is broken. But this wasn’t always the case.
When the internet was formed in the 1970s, users communicated in a peer-to-peer fashion without relying on a third party intermediary. The internet was initially built as a truly decentralized network.
As the world wide web formed and matured, large corporations entered the picture. They brought a more feature-rich environment, where social media and applications could flourish and bring billions of people together.
But there was one problem… a BIG problem. This architecture, which still exists today, is rife with data breaches, privacy concerns and hacks. Users are not in control of their data or the way in which it is monetized.
Herein lies the opportunity.
Starting with a 2008 white paper titled ‘Bitcoin a peer-to-peer electronic cash system’, a movement began to reshape the architecture of online communication. Bitcoin allowed users to exchange value with anyone, anywhere in the world without the need for a trusted intermediary like a bank. This alone was a huge leap forward.
But what’s really exciting (and is the reason we’re here today) stems from a 2014 white paper by Vitalik Buterin: “Ethereum: A Next-Generation Smart Contract and Decentralized Application Platform.” We’ll skip the technical explanation and dive into why everyone is so excited about this next-generation technology.
Ethereum is a world computer that can fundamentally bring decentralization back to the internet. This is what’s referred to as Web3, where users own their data, privacy is maintained, rent-seeking middlemen have less power and money is internet-native.
Ethereum has established itself as the premiere Web 3 platform. It has the longest operating record, the biggest community of developers and the largest number of decentralized applications. It has a clear roadmap for protocol improvements over the next few years that will improve the security, scalability and sustainability of the platform while retaining its promise of decentralization.
Ether Capital was formed in early 2018 to give public market investors access to this emerging asset class. Our first investment saw us acquire Ether (“ETH”), the native protocol token to the Ethereum blockchain. Since then, we have been diligent in our approach in identifying investment opportunities we believe will give our shareholders exposure to the Ethereum and Web 3 ecosystem. In addition to our ETH balance, we are investors in the Maker token (MKR) and hold a minority interest in Wyre, a San Francisco based exchange and payments provider focused on digital assets. See our Investor Relations (LINK) section for our most recent financial statements and updated portfolio.
Ether Capital’s business strategy is to invest in projects, protocols, technologies and businesses that leverage the Ethereum ecosystem and Web 3 (i.e., decentralized) technologies. Ether Capital is pursuing a long term business model built on three pillars:
- (i) investing in Ether to facilitate participation in the Ethereum ecosystem,
- (ii) investing in tokens or equity of other projects aimed at developing technology for decentralized applications, and
- (iii) ancillary blockchain services that generate income from passive assets.
Our investment thesis revolves around the key pieces of infrastructure that will pave the way for mass use and adoption of Ethereum and Web 3 platforms. We believe that Ethereum has already become the dominant ecosystem and go-to platform for blockchain application development and that the Ethereum platform is poised for significant future growth as it scales and additional applications and programs are created. Ether Capital believes that its deployment of funds into Ether and other Ethereum and Web 3 ecosystem investments differentiates us as a key industry participant with substantial holdings in the sector.
Our team is comprised of crypto-natives, leading venture capitalists and capital market experts, which uniquely positions us to identify and capitalize on opportunities in the space.
We are passionate.
We are dedicated.
We are working to make Web 3 a reality.