Source: Generative Ventures
Recently, Generative Ventures launched a new investment fund and incubator for the "Machine Economies", dedicated to the construction of trustless networks, and becoming the preferred partner for entrepreneurs in the field of value networks and open intelligence.
Building a "trustless intermediary network" was the initial vision of early blockchain builders, and they tried to achieve it through cryptography and decentralized technology; the past multiple metabolisms (including various over-leveraged and unsupervised trusted intermediaries being eliminated in the cycle) also made the community more deeply understand the importance of this initial vision. The Generative Ventures team believes that crypto networks do not need to redefine Internet applications, but should focus on redefining value and circulation efficiency, and can more courageously face the urgent need for open intelligence in the machine economy era. Especially now, the era of strong artificial intelligence further entrusts human information decision-making methods and even the entire production and consumption process to hundreds of millions of computing devices and automated robots. Not only will productivity leap, but it will also bring about huge changes in production relations, and it involves how to face and manage machine networks in an open and controllable way.
With the penetration of digitalization and intelligence in all walks of life, humans are striding into a new economic paradigm driven by machines, which is manifested in disruptive changes in business models, capital markets, legal supervision, etc. Generative Ventures is committed to exploring the following four major propositions (new economy, new finance, new culture, new paradigm) with builders and multinational companies:
1. How can we enable the next billion users to enjoy competitive products and services of trustless digital assets and digital finance?
2. How to participate in and build a global collaboration model based on co-construction by builders and release productivity far higher than the existing collaboration mode?
3. How to define and lead the cultural direction of the next generation of digital original consumers and create a new creator economic system?
4. How can we actively embrace the changes in productivity and production relations brought about by the era of strong artificial intelligence within a trustless framework?
Generative Ventures was founded by Europe's largest media group and several Asian Internet entrepreneurs. It has completed the first round of closing of tens of millions of US dollars and has begun to actively explore the large-scale implementation of digital assets and digital-real scenarios with the largest financial and retail groups in Eurasia, such as in the fields of RWA and prediction markets.
In terms of project investment and incubation, AegisWeb3 is the first project spun off from Peckshield and led (incubated) by Generative Ventures. It aims to become the preferred security plug-in for hundreds of millions of on-chain asset traders. Since its launch, it has been used by more than 200,000 core trading users, solving basic security issues in the machine economy era. Furthermore, Generative Ventures will launch an ecological entrepreneurship support plan jointly supported by Ethereum's second-layer network Taiko, actively promoting the innovation and development of multiple mainstream second-layer applications, especially in the fields of global payment networks, high-frequency financial trading platforms, and gaming consumption, to solve the basic information and value circulation efficiency issues in the machine economy era.
In terms of supporting entrepreneurs in financing, "Web3 Connect" is a Eurasian Demo Day financing platform created by the Generative Ventures team. The first event held in 2022 attracted 20 high-quality projects from Europe and Asia to participate, and more than 1,200 investors participated online. Recently, the team also organized a number of activities for builders, such as the Hacker House during EthCC.
The founding team of Generative Ventures has more than 10 years of experience in Internet investment and crypto unicorn management, with investments in more than 40 Internet and industrial unicorns, and a total of more than US$3 billion in assets under management, covering areas including social networks, digital finance, artificial intelligence, and enterprise services.