Home » Technology » “It’s not healthy if Facebook or Apple dominate the metaverse” – Greenfield Capital founder Jascha Samadi in the FinanceFWD podcast

“It’s not healthy if Facebook or Apple dominate the metaverse” – Greenfield Capital founder Jascha Samadi in the FinanceFWD podcast

Jascha Samadi has set up one of the most important European crypto funds with Greenfield Capital. Most recently, he collected more than 135 million euros. In the podcast, the crypto investor talks about his view of the difficult crypto market, the hype surrounding digital clothing and the metaverse.

The crypto market is going through a difficult time, but Jascha Samadi sees his investment strategy as confirmed. The end of the FTX exchange and the crypto lender Celsius mainly affected centralized providers. But the investor relied on decentralized finance – Defi for short – early on.

For example, he used his fund to bet on the defi aggregator 1Inch, the Celo project, backed by the German founder Rene Reinsberg, or the multi-billion NFT bet Dapper Labs with the sports card provider NBA Topshots.

The first fund has increased twentyfold – despite the crisis. For the fund, which started at the end of 2021, it is still too early to make a forecast. “We look back on the past year with mixed feelings,” says Samadi.

Who will win the battle for the Metaverse?

An important new topic is digital fashion, says the crypto investor. Last year, his fund invested in the Dutch startup The Fabricant, which sells construction kits for virtual clothing. It can be used in computer games or in video conferences. “We spend so much time in zoom calls,” says Samadi, which raises the question of why the virtual image should be dressed in physical clothing. Fashion is also an expression of identity.

In the future, Jascha Samadi hopes for a metaverse that will not be dominated by a tech company like Apple or Facebook. That would be “not healthy,” says the investor.

In the podcast he talks about his vision for the digital world and the future of NFTs.

In the FinanceFWD podcast, Samadi talks about…

… the bear market
… his entry into the crypto industry
… the NFT market after the hype
… digital clothes
… the performance of his fund

The FinanceFWD podcast is also available at SpotifyDeezer or iTunes. If you like the format, we look forward to every positive rating!

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