what's 1confirmation?

1confirmation is a cryptocurrency-focused venture capital firm founded in 2017 by Nick Tomaino. It invests in early-stage projects driving the decentralization of the web and society, with a portfolio that includes prominent names like Ethereum, OpenSea, Coinbase, and dYdX. Managing over $1 billion in assets under management, the firm partners closely with founders at the forefront of blockchain innovation, backed by high-profile limited partners such as Peter Thiel, Marc Andreessen, and Mark Cuban. The firm publishes regular insights on emerging trends in consumer crypto, NFTs, real money games, collectibles, and prediction markets through its website and X account. It emphasizes building products that bridge crypto with culture and everyday use cases, such as social scalability and onchain applications that extend beyond traditional crypto audiences.

1confirmation began investing from Fund IV in early-stage crypto founders.