At Variant, we believe that all of the world’s value will one day be tokenized and live onchain. This conviction is a driving factor in our pre-seed investment in Whetstone.

At Variant, we believe that all of the world’s value will one day be tokenized and live onchain. This conviction is a driving factor in our pre-seed investment in Whetstone.

In 2014, Vitalik defined a DAO as follows:"an entity that lives on the internet and exists autonomously, but also heavily relies on hiring individuals to perform certain tasks that the automaton itself cannot do…"

In 2014, Vitalik defined a DAO as follows:"an entity that lives on the internet and exists autonomously, but also heavily relies on hiring individuals to perform certain tasks that the automaton itself cannot do…"

Computing platform shifts tend to evolve in couplets or triplets, often featuring new hardware, applications, and distribution innovations that propel one another forward. For example: the PC, the internet, and the web. Mobile, social, and the cloud. We think a new and powerful couplet is emerging at the intersection of crypto(graphy) and AI.

Computing platform shifts tend to evolve in couplets or triplets, often featuring new hardware, applications, and distribution innovations that propel one another forward. For example: the PC, the internet, and the web. Mobile, social, and the cloud. We think a new and powerful couplet is emerging at the intersection of crypto(graphy) and AI.

Variant recently had its annual investor meeting. I shared the following ideas in my keynote update on the market.

Variant recently had its annual investor meeting. I shared the following ideas in my keynote update on the market.

In this edition, our investment partner Daniel lays out AI’s resource problem—and how crypto solves it. Jesse looks at the boom of AI “agents” onchain and sees it as a potential starting point for truly autonomous DAOs. Then Daniel suggests two tools that protocols can use to deal with “squishy/dynamic problems” DAOs aren’t suited for.

In this edition, our investment partner Daniel lays out AI’s resource problem—and how crypto solves it. Jesse looks at the boom of AI “agents” onchain and sees it as a potential starting point for truly autonomous DAOs. Then Daniel suggests two tools that protocols can use to deal with “squishy/dynamic problems” DAOs aren’t suited for.

We’re sharing a mix of our latest thinking—along with some of the biggest product launches and fundraises from our portfolio companies.

We’re sharing a mix of our latest thinking—along with some of the biggest product launches and fundraises from our portfolio companies.