Variant
VCπΊπΈ United StatesInvestment thesis
Crypto VC built around a 'user-ownership' thesis, investing in decentralized networks that turn users into owners; combines early-stage seed investing with active liquid token strategies. Co-founded by Jesse Walden and Li Jin (both ex-a16z). Raised $450M across seed and opportunity funds in 2022.
Notable portfolio
UniswapMagic EdenMirrorFoundation
Sector focus
Web3Consumer cryptoCreator economy/NFTsDeFiWeb3 gamingDAO tooling