General Crypto
General Crypto is a long-only, open-ended hedge fund investing in cryptographically secured assets. Our core thesis is that the rise of cryptocurrencies, especially that of alt-coins, will lead to excise value creation in the general market via creative destruction. The firm’s mandate is to invest in tokens that express their market value creation via the traded value of the token. It is our view that blockchain-based assets and consensus ledger technology have the power to cull the bureaucracy that has plagued countless industries for decades. Our investment team actively seeks to hold tokens that are built to solve current, real-world, quantitative problems.
The Fund’s investment team makes decisions in a venture capital style, with a heavy focus on traction towards the stated goal of the team working on the token. Since most of the companies/teams/projects working on tokens are shaped in a very similar way to startup companies, it is the view of General Crypto that they should be evaluated against the same metrics at the same level of scrutiny prior to placing capital.
The relative size of a position held by General Crypto is determined by a proprietary model that evaluates a given token’s percentage completion along the path to commercial value creation, traded volume-weighted market cap, as well as a litany of qualitative ranking factors.