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.
Why do I believe in blockchain? Notice I am not using the words ‘why I think it’s a good investment,’ or ‘why I think it’s going to work out’. On that topic you could find many other pieces that Unbounded Capital has put out, most notably our first book, but also many other articles and essays which you can find here.
As the crypto bubble continues to collapse, investors are naturally wondering where value will come from in the next phase of blockchain. Some will argue that this market collapse is just a bump in the road, and that the same playbook will still work in the long run. Others will say that blockchain has no value at all and that there won’t be another blockchain epoch.
Having appreciated over 16,000% YTD, currently sitting at #5 in cryptocurrency market cap rankings, Solana has been one of the hottest cryptocurrencies of 2021. Despite this meteoric rise & all the hype that’s formed around Solana over the last year, many investors remain skeptical of the long-term viability of the project due to some shady / deceptive actions on the part of the Solana development team.
