Through Redsan Partnership we focus on two categories of digital assets:
a) liquid assets that are beyond a proof-of-concept phase and have demonstrated market acceptance, scalability opportunities and a unique value proposition within the Web3 ecosystem roadmap; and
b) early-stage projects that are making progress by carving a space in the market and are characterized by sound fundamentals, strong execution teams, and an innovative approach to creating value within the Web3 ecosystem.
Working closely with our partners and external advisors we identify assets within these categories and assess them based on business fundamentals and the opportunity represented by the market inefficiencies they intend to solve.
The following assets have been selected as part of our ongoing discovery and tracking methodology to identify investment allocation opportunities. This portfolio is susceptible to changes based on market conditions and new opportunities being identified.
Bitcoin (BTC) is the first-of-its-kind decentralized digital currency, serving as a medium of exchange and value storage and the most recognized name in the crypto world. It achieves a unique and distinct separation between money and state.
Ethereum (ETH) provides a decentralized environment for executing smart contracts (a self-executing script on a blockchain that automates the outcome of an agreement between participating parties without the need for a central supervising or enforcing authority), helping developers build decentralized applications and issue custom tokens. ETH is required to interact with this ecosystem.
Polygon(MATIC) is an L2 (Layer 2) scaling solution for Ethereum. It allows for fast and low-cost transactions while securing its network through the MATICc token. The MATIC network enhances the flexibility, scalability, and sovereignty of a blockchain protocol while leveraging the security, interoperability, and structural benefits of the Ethereum blockchain.
Chainlink (LINK) is a decentralized oracle network that links non-blockchain data with blockchain-based smart contracts, enabling the creation of hybrid smart contracts with intricate applications. Chainlink is a middleware that connects blockchain-based smart contracts with external data, such as stock prices or sporting events. Chainlink’s currency, LINK, serves as collateral, ensuring the accuracy of this external data.
Aave (AAVE) offers a decentralized platform for lending and borrowing cryptocurrencies. Its token, AAVE, gains value from user fees and is used in governance. Aave specializes in overcollateralized loans, requiring borrowers to deposit crypto assets worth more than the amount that they wish to borrow. Aave borrowers risk liquidation of their collateral if the value of that collateral drops too far in the market.
Uniswap (UNI) is a decentralized exchange allowing users to trade Ethereum-based tokens. Its token, UNI, is employed for governance and may gain value from fees once regulatory aspects become clearer.
Synthetix (SNX) allows for the creation of on-chain synthetic assets or derivatives that track the value of real-world assets, such as fiat currencies, commodities, stocks, and indices. Its token, SNX, is utilized as collateral in creating these synthetic assets.