An Update II: Our Core Focus

Aka: Hokus Pokus, the magic word is Focus

Since we are re-inventing venture capital, it made sense to set the focus with of our first Special Purpose Investment Company (SPIC) on Inclusive Finance, changing the way we Pay, Finance & Invest. By focusing on this we can hit three birds in one stone: We can proof our methodology, we can invest in ideas that help scaling our methodology and we can create fantastic companies which can have a huge impact.

Let me explain a bit our strategy for this SPIC 1:

The internet brought to us the era of fast, easy, effective and cheap information exchange. It revolutionized the way we interact, consume and experience. It changed the way we define value and pioneered new business models; triggered tectonic shifts in consumer behavior and created new market demands and expectations.

It laid the infrastructural foundations for today’s global tech giants like Amazon, Google, Facebook and Tencent, that are driving the state of modern digital economy.

Today, more and more data is being exchanged digitally to establish trustful environments and facilitate the commercial dynamics happening online. But with scandals on data breaches, manipulation of elections, privacy concerns, big platforms are clearly struggling and our trust in them to securely handle our data is running low.

The key word here is trust. Trust is the catalyst to any transaction. But trust is not an integral part of the Internet’s DNA. It’s an add-on. The Internet was never designed to facilitate transactions and is simply not the full-fletched transaction channel the next economy needs.

Safe value and data exchange is increasingly becoming a core human right.

Going back to the basic components of trade and value transaction — assets, identity, payment and location — we are setting the stage for a new, simplified logic behind value exchange.

We are building a new, global financial infrastructure that embeds trust and payments at a protocol level to power new products, services and business models with financial services at the core.

A simplistic infrastructure that provides the building blocks for the next economy, where:

• businesses can easily build customer-centric products with financial services at the core.
• businesses can scale and service these products at a fraction of the cost.
• assets no longer have to be transferred or matched between proprietary databases.
• all silo-IT systems are integrated into one ledger.

An infrastructure driven by values of inclusivity, simplicity and fairness — providing the building blocks for the next economy. An infrastructure to bring upon a new order based on genuine equilibrium in the financial and economic space, driven by values of equality, fairness and simplicity.

Universal Adressing: Providing a universal, verified address to more than
4 billion unaddressed people — instrumental in providing digital identity.

Digital identity: Giving a digital identity to 1 billion people who lack any form of identification.

Financial inclusion: Empowering nearly 2 billion un- and underbanked for a financial inclusion.

Data ownership: Activating people and business to harness the full potential and economic value of their data.

We are on the move!

To the future!