what's 021?

021 is a thesis-led venture studio that builds, co-builds, and acquires companies at the intersection of crypto, culture, and consumer experiences. As the venture builder arm of Parable, it identifies market inefficiencies, prototypes models, accelerates product-market fit through its network of partners and early customers, assembles growth-stage teams, and scales ventures across infrastructure, socialFi, gaming, AI, lifestyle, and brand IP. The studio takes a hands-on approach, spinning out new entities rather than just investing, with a portfolio including Arts DAO (Web3 clubhouse community), 223 (NFC-embedded physical collectibles powering digital NFT experiences on Base), Midnight Club (private network for tech and culture builders), and Looty (on-chain loyalty and rewards platform). 021 leverages Dubai's blockchain ecosystem and global partnerships with chains like Avalanche to expand its presence. It advises major players such as AVAX and Pudgy Penguins, focusing on theses like community as a moat, post-sale fan engagement via tech, and stable yield generation. With over $200M in assets and 10+ ventures in incubation or portfolio, it facilitates venture access pools and fair launches to drive on-chain engagement and liquidity.