“GM Radio” Next time Bitcoin-specialized VC “ego death capital” will participate

21st GM Radio held

On the 20th “GM Radio” distributed by CoinPost Global on the 10th, Robby Yung, CEO of Animoka Brands, and Abner Jia, CEO of Polyhedra Network, were invited as guests for an interview on “Zero-knowledge proof technology in games”. carried out.

You can listen to the archive via the link in the tweet below.

https://t.co/glUL88VVPQ

— CoinPost Global (We’re hiring!) (@CoinPost_Global) April 10, 2023

Guest introduction

The 21st GM Radio will be streamed on Tuesday, April 18th at 23:00 on the CP_Global Twitter space. This time we will invite Mr. Nico Lechuga, general partner of ego death capital, as a guest.

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The company is a venture capital (VC) that specializes in investing in the crypto asset (virtual currency) Bitcoin (BTC) ecosystem. It aims to invest in world-changing solutions to help build ecosystems, rather than owning them.

Lechuga is also a founding member of the company. Mr. Lechuga and Mr. Jeff Booth and Mr. Andi Pitt, who are also general partners, are introduced as members of the team on the official website. Three others are listed as advisors.

About ego death capital, Mr. Booth wrote an introduction in April 2022. Booth explained that after taking a closer look at Bitcoin, he believes it is the only solution for building a fair, inclusive and stable financial foundation.

On the other hand, he pointed out that Bitcoin is still a new solution and educational opportunities are not enough. He also argues that inviting a billion people to the Bitcoin ecosystem requires developing products that meet real needs.

He explained that he would support this vision through the company. He wrote that he would like to support the founders of companies building global systems based on Bitcoin.

Booth also mentioned that Bitcoin has become a lifeline for people in emerging countries, and that El Salvador has certified Bitcoin as a legal tender. He hopes that as the Lightning Network continues to develop, it will be able to create a wide range of use cases beyond just everyday payment methods.

connection: What is “Lightning Network” that even beginners can understand | Explanation of features and mechanism

About the portfolio

The company has posted its portfolio on its official website. The following five companies are currently investing.

• Fedi: Developing technology to popularize Bitcoin such as wallets
• Synota: developing payment solutions for the energy industry
• Breez: Developing Payment Technology Using the Lightning Network
• Relai: Provides Bitcoin purchase service
• Wolf: Supporting Bitcoin and Lightning Network Companies

ego death capital describes itself as a company investing in Bitcoin’s “Layer 3 project”. Layer 3 is likely to refer to such projects built on top of the Bitcoin and Lightning Network layers.

The theme of this year’s GM Radio is “Investing in Bitcoin Layer 3”. We plan to ask Mr. Lechuga about investment and advice for individual investors.