Token Design

Kosmos Ventures

Check: No Lucas-specific check range is public. A current OpenVC search profile lists Kosmos at $100K–$1M, while Kosmos's own live material confirms Seed/Pre-Seed as its co-building focus but publishes no check size. Treat $100K–$1M as third-party firm guidance only; confirm allocation, instrument, ownership and decision-maker directly with Lucas and the team.

Lucas looks for early, non-consensus crypto opportunities through an active-user and market-structure lens. He believes decentralized markets can democratize finance and that money increasingly follows user attention into consumer applications; the strongest products earn the right to embed financial rails after establishing loyalty or differentiated utility. His research also emphasizes liquidity regimes, onchain evidence, derivatives market structure, security and Kosmos's broader ability to bootstrap durable network effects through product/token design, governance, community and quantified mechanism design.

a16z crypto

Check: No personal check-size range is published. The official profile's aggregate fund-raising figure and public financing announcements describe firm resources and transactions, not Chris's individual authority or a reliable minimum/maximum check.

Chris invests behind blockchains as a new computing and ownership primitive for the internet. His core thesis is that token-enabled networks can align builders, users, and owners; bootstrap network effects; replace extractive corporate platforms with open, composable economies; and eventually support both financial and non-financial applications. He treats the category as a decades-long infrastructure-to-applications transition rather than a short market cycle.

Polychain Capital

Investing in blockchain infrastructure and tokens at Polychain Capital, one of the most prominent crypto-native funds.

a16z crypto

Check: No personal check-size range is published. Public seed, Series A, and later financing amounts are company-level transaction sizes and are not a defensible proxy for Guy's individual range or allocation authority.

Guy invests across the crypto stack with a technical focus on infrastructure, DeFi, and decentralized physical infrastructure. He looks for blockchains to coordinate markets that centralized intermediaries serve poorly—compute, energy, telecom, transportation, credit, and global finance—and for open protocols whose incentives unlock latent capacity, lower coordination costs, and compound through interoperability and composability.

1kx

Token-based business models and early-stage investing. One of Europe's top crypto VCs.

Variant Fund

Investing in the ownership economy at Variant Fund. Focuses on projects that shift value capture from platforms to users through token-based models.

Framework Ventures

DeFi governance and token economics. Active DeFi governance participant.

Lyrik Ventures

NOTALONE Ventures