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  3. /Jack Lu
  4. /Briefing
Pre-Pitch Briefing

Jack Lu

Partner at NGC Ventures

Check size: NGC does not publish a Jack-specific check range on its official team page. Third-party investor directories estimate broad firm ranges, but those are not treated as verified personal authority. Founders should ask directly about stage, round and allocation fit.

SeedEarly StageProtocol formationToken-network designPortfolio research and supportBlockchain InfrastructureDecentralized ConsensusGame TheoryMechanism DesignDeFiMarket MicrostructureSmart ContractsInformation EconomicsCloud ComputingAuctionsBitcoin Finance

Their Thesis

Jack evaluates blockchain projects through their economic and social mechanisms. His official remit emphasizes whether decentralized consensus, incentive provision, industrial organization and smart-contract market structure create stable behavior under real strategic actors. His parallel builder record around decentralized auctions and Bitcoin finance reinforces a practical interest in turning mechanism design into functioning markets rather than treating tokens as narrative alone.

How to Pitch Them

Lead with the mechanism rather than the label. Identify actors, information, actions, incentives, equilibrium and attack paths; explain consensus and security assumptions, token necessity, fee and value flows, auction or market design, liquidity, governance and failure recovery. Then show users, adoption, technical evidence, round structure and why NGC's portfolio research can change the outcome.

What Excites Them

Mechanisms with explicit actors and incentives, credible equilibrium behavior, robust security budgets, useful market structure, transparent auction or allocation rules, technically sound smart contracts, economic models that survive adversarial behavior and founders able to connect theory to adoption, liquidity and real-world outcomes.

What They Pass On

No public personal pass list exists. His stated specialty implies concern with token systems that cannot explain participant incentives, circular rewards, consensus assumptions that fail under concentration, auctions vulnerable to manipulation, markets without durable liquidity, governance with misaligned control and technical designs disconnected from information or cloud-computing economics. These are inferred filters.

Key Frameworks

Actor–information–incentive map

List every actor, what each knows, the actions available, payoffs and information asymmetries before claiming a mechanism is incentive compatible.

Consensus equilibrium test

Model honest and adversarial strategies under realistic concentration, latency, capital and coordination assumptions and show why the desired equilibrium remains stable.

Market-microstructure review

Analyze price formation, liquidity, order or auction rules, MEV, manipulation, settlement and failure behavior as one system.

Token-necessity proof

Demonstrate which coordination or security function requires a token, how value flows through it and why the same product cannot work more simply without it.

Theory-to-portfolio translation

Convert game-theoretic findings into specific product, parameter, governance and go-to-market decisions a portfolio team can execute.

NGC Ventures Portfolio

Top Sectors

Layer 12
Launchpad1
L11
Infrastructure1

Stage Distribution

Seed2
Token2
Strategic1
PolkaStarterLaunchpad
Seed
ZilliqaL1
Strategic
AvalancheLayer 1
Token$3.0M
SolanaLayer 1
Seed$2.0M
PolkadotInfrastructure
Token$3.0M
← Full profileNGC Ventures website