Partner at CoinFund
Check size: Personal check size is not publicly disclosed. CoinFund invests from pre-seed through Series A and in liquid digital assets across multiple strategies.
Evan applies fundamental-investing discipline to both venture and liquid crypto: identify the metrics that genuinely drive an asset, forecast them, define thesis-invalidation points in advance, and pressure-test assumptions through an authentic external network. He looks beyond equity-style valuation heuristics to community, network effects, token demand, distribution, and the new product surface enabled by open onchain economies.
Send project materials to projects@coinfund.io. Anchor the pitch in a falsifiable thesis: identify the few metrics that matter, the catalysts and invalidation points, and how community or token design creates durable network effects. Show a complementary team, product-quality evidence, defensible architecture, distribution, regulatory awareness, and how the product abstracts crypto complexity for mainstream users.
Strong, complementary teams with relevant experience, balance and resolve, defensible technology, visible execution against plan, accelerating adoption metrics, and products that hide onchain complexity while giving users ownership, access, or better economics.
Theses without pre-defined invalidation points, investment cases that drift when catalysts fail, tokens evaluated with inappropriate equity heuristics, weak or concentrated communities, and crypto products whose user experience remains materially worse than a web2 alternative.
Define the non-price evidence, catalyst timing, and observable outcomes that would disprove or resize an investment thesis before committing, reducing thesis creep when reality diverges.
Combine bottom-up operating metrics with community strength, distribution, token supply and demand, staking or burn mechanics, and network effects instead of mechanically importing equity valuation multiples.
“Finance should live onchain, but it needs to be accessible and user-friendly to onboard one billion users and trillions of capital.”
— https://coinfund.io/unlocking-the-potential-of-defi-why-coinfund-is-excited-to-back-veda/
“The bedrock principles of intellectual honesty, diligent research, and continuous iteration are timeless.”
— https://www.artemisanalytics.com/resources/evan-feng-analyst-of-the-month
Cross-chain vault infrastructure can make sophisticated DeFi strategies accessible by abstracting execution, rebalancing, risk controls, and routing for users and institutions.
Real-world consumer use cases and increasingly abstracted onchain experiences are key to broader global crypto adoption.