Revolutions happen in cycles. The backbone of the Internet was created through decades of research accelerated by pioneers in academia in industry. Today, modern society could not function without the World Wide Web. Blockchain technology represents a shift in core infrastructure opening up a new revolution of censorship-resistant, unstoppable applications and economies. Unlike other revolutions, this one's output will be much quicker than the Internet age. Our job is to invest in teams that understand the network effects of research collaboration to get us to this common goal. We believe in teams. We believe in strong, technical foundations. We believe in founders with conviction for pushing humanity past the boundaries of what others believe is impossible.