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Frictionless Capital
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Frictionless Capital is a thesis-driven fund investing from first principles backing world-changing entrepreneurs GPs: @SolanaLegend & @LoganJastremski
Joined February 2022
- We're excited to announce that we will be hosting the inaugural Frictionless Research Summit on November 13β14 in New York City A highly curated, invite-only gathering for founders, market makers, investors, and researchers shaping the future of the industry. Over two intensive
00:00 - Congratulations to portfolio company @xNFT_Backpack on crossing 100 $SOL floor price for their @MadLadsNFT collection @armaniferrante and @yver__βs product focus and ecosystem presence have created a die-hard community for their multichain wallet @xNFT_Backpack
- We are delighted to support @armaniferrante and team in building a truly next-generation exchange that reimagines the crucial exchange product as part of our commitment to back category defining products X is going to be just an exchange like the iPhone is just a phoneBackpack launching cryptocurrency exchange with Dubai license theblock.co/post/260114/baβ¦
- The next generation crypto investor is on the ground floor of the ecosystem and has a view on everything From the tech, to the culture VCs that are 4-5 levels removed wonβt be able to compete
- Portfolio company @xNFT_Backpack has executed a flawless go to market via their NFT collection @MadLadsNFT This native community will be invaluable for testing and iterating on their stellar cross-chain wallet experience Congratulations @armaniferrante, @yver__ and team!BREAKING: @MadLadsNFT 24H NFT SALES VOLUME IS LARGER THAN THOSE OF THE NEXT 9 COLLECTIONS COMBINED - $8,167,746 VS. $7,781,155
- any fund who was even remotely bullish solana from the lows its gotta be extremely easy to raise capital rn
- Many Blockchains will not be able to cross the chasm The preferences of the Early Adopters are not the same as the Majority High-Throughput/Next-Gen Chains allow Censorship Resistance at SCALE
00:00 - Congrats to the Backpack Team! Frictionless Capital has been a proud and early investor in the team since the beginning Onward and upward π
- Our first gm π€π€ Day 1
- We are in the early innings of a profound technological and cultural shift which will change the way we spend our time, attention, and money
- The vast majority of VCs in the space are focused on Ethereum and EVM This is a historic misallocation of resources and most people are not technical enough to understand the differences between blockchains and donβt have views of their own You need to be smart on the techβ¦













