venturecapital

Warning: The following document was allegedly discovered pinned under an expired yogurt container in a major VC firm's breakroom. Vanar is not mentioned by name, but the descriptions are... specific.

TO: Investment Committee

FROM: Junior Associate Who Hasn't Slept in 72 Hours

RE: That AI Blockchain Project We're Pretending to Understand

DATE: [REDACTED]

SUBJECT: Thesis Validation Memo - Project "Smart Dinosaur" (Codename: Vanar)

Team,

Following our fourth all-hands meeting where Partner Dave repeatedly called it "that Canadian blockchain" (it is not Canadian), I have prepared this simplified thesis summary. I have removed all technical jargon to ensure comprehension. This has been approved by Legal, provided nobody prints it.

PART I: WHAT IS THIS THING, ACTUALLY?

What It Claims to Be:

An AI-native Layer 1 blockchain with semantic compression and on-chain reasoning capabilities.

What It Actually Is:

Imagine you have a warehouse (blockchain). Normally, storing things in this warehouse is expensive because every box takes up huge space and you have to pay rent forever.

Project "Smart Dinosaur" invented a magic trash compactor (Neutron). You put your huge file in, it comes out the size of a postage stamp. You store the stamp. When you need the file, the compactor un-squishes it perfectly.

Then they hired a really smart intern (Kayon). The intern reads all your squished stamps and can answer questions about them. "Hey intern, which of my contracts mentions force majeure?" "Hey intern, which game assets were traded most this week?" The intern just... knows.

This is useful. This is the thesis.

PART II: WHY THIS ISN'T JUST ANOTHER AI COIN

We have reviewed 847 AI crypto projects this year. 800 of them are just ChatGPT wrappers with a token attached. This is different.

The Differentiation:

Everyone Else Project Smart Dinosaur

"We put AI on the blockchain!" (It's a chatbot that costs gas fees) "We put blockchain INTO the AI." (The chain itself thinks)

Data stored on IPFS or AWS (centralized, censorable) Data squished and stored on-chain (permanent, verifiable)

Smart contracts are rigid if/then statements Smart contracts can say "maybe, depending on context"

Token utility: "You can stake it!" (vague) Token utility: "Pay us to use the magic compactor and the smart intern." (direct)

PART III: THE ACTUAL, REAL-WORLD USE CASES (NOT COPIUM)

We asked the team: "Who actually needs this?"

1. Game Studios with Big Files

Traditional NFTs: Store a URL pointing to a JPEG. JPEG hosted on some server. Server goes down, JPEG gone.

Vanar: Store the actual 3D model of the legendary sword on-chain, permanently. Game runs forever. Players actually own their items. This is the difference between a receipt for a boat and owning the boat.

2. Enterprises with Compliance Nightmares

Major financial institution: "We want to tokenize real estate but we have 47 pages of legal documents per property and regulators require permanent, tamper-proof storage."

Vanar: Squish the 47 pages into a seed. Store seed on-chain. Automate compliance checks against the seed via Kayon. Regulators can verify everything instantly. This is not hypothetical—this is the Nexera partnership.

3. Anyone Who Hates Losing Files

My mother, who has lost 8 USB drives this decade. (We are not pitching my mother, but she represents a demographic.)

PART IV: THE TOKEN THING

Partner Dave asked: "But why does the token go up?"

Current State:

Speculation. Vibes. Hype. Dave buys, price maybe goes up. This is not sustainable.

Planned State:

· Companies need Neutron (magic compactor) → pay subscription in $VANRY

· Developers need Kayon (smart intern) → pay per query in $VANRY

· Part of every payment → burned forever → less supply

The Flywheel:

More users → More subscriptions → More tokens burned → Scarcity increases → Value per token increases (assuming demand stays same or grows) → Treasury can fund more development → Better product → More users.

This is a SaaS model with a built-in stock buyback mechanism disguised as blockchain magic. Partner Dave understands SaaS. Partner Dave is now bullish.

PART V: RISKS (BECAUSE DUE DILIGENCE)

1. Technical Execution: Building an AI-native L1 is hard. Like, "PhDs pulling all-nighters" hard. They have working products (MyNeutron is live), but scaling remains unproven.

2. Developer Adoption: Cool tech means nothing if nobody builds on it. The Vanguard program is a good start, but Ethereum has a 10-year head start.

3. The AI Field Moves Fast: What's cutting-edge today is obsolete tomorrow. Vanar's architecture needs to be adaptable enough to integrate new AI breakthroughs without constant, disruptive overhauls.

4. Dave continues calling it "Vanilla Chain" in meetings. We are addressing this through aggressive re-education tactics.

PART VI: CONCLUSION & RECOMMENDATION

The Thesis:

Project Smart Dinosaur is not trying to be the fastest chain or the cheapest chain. It is trying to be the most useful chain for specific, high-value problems—permanent data storage and verifiable AI reasoning.

The Bet:

That enterprises and developers will pay for utility, not just speculation.

The Verdict:

This is a real business model disguised as a cryptocurrency. It has working products, legitimate partnerships, and a clear path to revenue. It is, against all odds, not obviously fraudulent.

Recommendation: Proceed with investment. Also, please buy better yogurt for the breakroom. The expiration date on the current container was January 2024. This is unacceptable.

---

Addendum scribbled in pen at the bottom:

Dave: "Wait, so it's like Salesforce... but for AI... on a blockchain?"

Junior Associate: "...Yes, Dave. Exactly."

Dave: "I'm in."

@Vanarchain $VANRY #Vanar #VentureCapital #SaaSonBlockchain #AIxWeb3 #VANRY

Nawet doświadczeni inwestorzy kryptowalutowi nie są odporni na bessę na rynku kryptowalut. Fenbushi Capital, jedna z najstarszych i najbardziej szanowanych firm venture capital w branży, niedawno ujawniła stratę w wysokości 5,14 mln dolarów w wyniku sprzedaży części swoich aktywów kryptowalutowych.
Czyszczenie portfolio:
Według ostatniego raportu finansowego Fenbushi sprzedał aktywa w dwóch transzach:
Styczeń 2023: Firma sprzedała nieujawnioną kwotę kryptowalut, co spowodowało stratę w wysokości 1,4 miliona dolarów.
Marzec 2023: Nastąpiła większa sprzedaż, która przyniosła większą stratę w wysokości 3,74 mln USD.