Theses
Sustany developed dozens of focused theses over the past five years using a first principles approach and rigor of the scientific method applied to investing. These are some of the topics we teach, and that will affect 100% of real-world economic activity.
Programmable Money
Currencies are the operating system to the economy. They are technologies that can be used as money. Conflating the legal agreement (money) with the technology (currency) is what is the main reason holding back "fintech" innovation.
Decentralized Autonomous Organizations (DAOs)
DAOs will enable community governance (including treasuries), enabling new forms of capital formation, and disrupt rent-seeking middlemen.
Web 3.0 Primitives
Web 2.0 applications are based on database solutions most often maintained by single-point of failures such as centralized, corporate entities. With cybercrime exceeding $6 trillion in damages in 2021, adoption of Web 3.0 primitives is no longer optional but mandatory.
Non-Fungible Tokens (NFTs)
NFTs will form new standards for the creation, tracking, and trading of unique items that will drive mainstream user adoption. NFTs have begun with digitally native items and will expand to represent most physical goods.
Decentralized Finace (DeFI)
DeFi solutions will democratize lending, credit, and insurance and ultimately provide primitives for most value transfer. Manual legacy finance - relying on ledger technology - will ultimately be replaced with fully automated systems.
NFT-DeFI Conversion
NFTs will be utilized within DeFi, extending the range of NFT use cases and further compounding the network effects of decentralized finance solutions. However, real-world assets will not be "on blockchains" but these can be building blocks for "digital vending machines".