I first met Unbounded Capital partners Dave and Zach while we all lived in the Bay area in 2018 while I was running a monthly Bitcoin SV meetup in San Francisco. As someone fully entrenched in Bitcoin technology for almost 3 years now, I constantly evaluate emerging products, services, and businesses I see building on Bitcoin SV.
2021 was an exciting year in the cryptocurrency and blockchain space which brought soaring asset valuations for both publicly traded crypto assets and private equity. Unbounded Capital believes the strong foundations laid in Bitcoin SV in 2021 will support enormous value creation in 2022 and beyond.
While 2021 was a year of “soaring asset valuations for both publicly traded crypto assets and private equity,” 2022 was a year of collapse, contagion, and even criminal complaints against companies previously regarded by our peers as “blue chip.” In this 2022 year in review, we will dive into previous trends that are still developing, new trends that emerged, updates on companies in our portfolio from our Fund I, and updates from our recently launched Fund II.
TAAL is a leading, and publicly traded, Bitcoin transaction processor which has made their name by pushing the limits of the industry and processing multiple world record blocks. TAAL has processed blocks which included over 1.3 M transactions for an average throughput of more than 2000 tps. They have also processed blocks containing over 1 GB of transactions, more than 1000 times more data than possible on crippled networks like BTC.
