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Decentralizing Venture Capital: Meet GAINS Associates
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The concept of venture capital is a high risk, but also potentially high reward effort that is reserved only for the richest in traditional finance. Even with the funds, the threshold for entry is high, and usually only those with strong connections succeed. As with so many aspects of legacy finance, however, decentralized finance (DeFi) is already addressing this inequality. One such example is GAINS Associates.
The team has been in the blockchain industry for three years now, starting as a simple Telegram group of likeminded people gathered around the same idea: finding promising projects and investing in them “wholesale”, as they put
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