The Metapurse is a crypto-based fund financed by Metakovan and operated jointly with Twobadour. It has been created to actively engage with causes that resonate strongly with us and promote cultural cross-pollination.
This engagement will take various forms, including but not limited to acquiring what we believe are pivotal NFTs, seeding or financing projects that bolster these causes and telling the unique stories that inspire these spends.
The Metapurse operates with a mindset of abundance. ROI is not the primary driver of this fund. Having been part of crypto since its nascency, it is backed by Metakovan's journey of research, prescient investment, and an un-self-conscious reserve of resources. It is unencumbered by the need to flex or to create a financial legacy.
The Metapurse as a concept has existed as long as Metakovan has and therefore, contains some of the most iconic NFIs in existence. From an Urbit Galaxy to the Fl DettaTime 111, to estates full of promise in Cryptovoxels and Decentraland. And stellar works of art like First Supper. It also has investments in a range of ascendant projects. The sensibility of the Metapurse has grown and matured along with this space.
NFTs are vivid. They're visual. They can convey intention, identity, passion, and pain in a way nothing else can. They are, after all, tokenized experiences. They are a touchstone for self-expression, whether you are an artist or gamer or creator or, like the Metapurse, a collector.
Having been part of the crypto journey as long as we have, it feels disingenuous to stop with collecting or to simply collect with no purpose but to spend and admire.
We live M an imperfect, often unfair world. There are many causes that need help. The way we chose our causes is simple. First, we understand that to support a cause is a privilege. We can back a cause meaningfully and sincerely only if we have experienced their effects at a personal, visceral level.
Perhaps every generation feels this, but we are bang in the middle of inflection points in culture, technology, economy, and in what it means to be human.
The Metapurse will adopt mediums of storytelling to communicate the stories behind every engagement. Our motivations, conversations on the margin, those precious moments of generosity from creators, and even tales of friction and disagreement.