I analyze the strategy and business of the crypto industry, and it’s impact on the world. You can think of this blog as an early-stage Stratechery for crypto.

This blog is considered one of the “highest signal” blogs in crypto. It counts amongst its subscribers founders of prominent crypto projects, executives at corporations impacted by crypto, investors at top-tier venture capital firms, and thousands of other’s eager to learn about crypto.

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I’m a builder and investor in emerging technologies. My current interests are in crypto (non-fungible tokens and games especially), VR/AR, and machine intelligence.

I lead product at Decentraland, an open virtual world owned by its users. Previously, I’ve built products at Google, AltspaceVR (acquired by Microsoft), TownHall (acquired by Roomi), ZEFR, and McKinsey & Company.

Speaking engagements

While I am happy to consider speaking or moderating at events, I prefer small and private events with a focused topic.


I am an active angel. I also advise and/or invest with a few hedge funds and venture capital firms.

If you’re a founder building something cool, please reach out on twitter.

Ethics statement

I aim to present independent perspectives on the crypto industry. I take this very seriously. However, I currently have conflicts such as my engagement with Decentraland, my affiliations with investors, and my holdings in various projects. I make a good faith effort to check those subconscious biases before publishing anything, but I will make mistakes. Please contact me directly if you feel like I have made one, and I will address it quickly and publicly.


@tonysheng on Twitter (DMs are open). I try to respond to everybody, but it may take some time.