Excited to share that I’ve joined Renaud Partners as a Partner to team up with @ReoffGenaud and help scale one of the most founder-aligned venture studios in the space. Grateful to @sjdedic and the entire @MoonrockCapital team. Simon gave me my first real shot in crypto VC. We

“Which L1 will agents use?” is the wrong frame. Agents won’t be loyal to chains. They’ll be loyal to: > the cheapest trustworthy settlement > the richest reputation graph > the best routing guarantees Chains become interchangeable substrates. Trust graphs don’t.

GM, haven't been on X all Sunday or looked at charts Saturday and Sunday. My longest streak in years. I feel good.

GM! Spending time with my grandma today. Always remember: life moves fast. Spend it with the people you love and enjoy every moment. Even if it’s hard sometimes, we’re all blessed to be here and healthy.

My high-level view for the agentic onchain stack. L0: Deterministic Execution (“Physics”) L1: Base Settlement & Security L2: Identity & Attestation (AgentID) L3: Policy & Permissions (Agent IAM) L4: Safety & Fraud (Bidirectional Trust Nets) L5: Credit, Insurance & Settlement

Haven’t talked about @fogo in a while, but I think it’s time now that mainnet genesis is live and USDC transfers are open. I’ll write another thread soon on why I’m bullish on Fogo and its entire ecosystem. In the meantime, I highly recommend following @RobertSagurton. He’s on

GM and Happy Thanksgiving to all my American friends.

The agent economy is all about: > identity > attestation > policy > credit > fraud defense > risk envelopes > settlement guarantees Everything else is noise.

GM to everyone except those who haven’t bridged to @fogo mainnet yet.

Agents don’t trust websites by default. Websites won’t trust agents by default. This creates a new big category: bidirectional trust networks.

GM to everyone, except those with a “secret” refund right. You win with your team or you lose with your team. There’s no in-between. Lock in.

Every agent needs a passport: > identity > attestation > software integrity > behavioral history > risk rating This will be its own industry. If you're building in this direction let's connect.

GM, big week ahead. > Monad TGE > MegaETH pre-deposits > deep work with RP projects > Agentic research

To understand agents onchain, start with two axioms: Axiom 1: Agents are not only software. Agents are economic actors. They make decisions, allocate capital, choose providers, evaluate risk, and execute transactions autonomously. Axiom 2: Agents move faster than settlement.

GM! Excited to see the wildest theories about famous crypto accounts and their locations after X launched the location feature.

Just minted another @moonbirds SBT, this time in collaboration with my all-time favorite NFT collection. Where my @bodoggos at?

Getting deep in the weeds of onchain agents every day. So many questions to answer: - What is the future of onchain agents? - How will agentic economies work? - What needs to be built? - Where is value captured? Solve these and you find the next unicorn.

GM, it’s a good day. Get a little better every single one.

This needs to stop. Acquisitions weren't common the last couple of years, but we're entering a stage in our industry where it's becoming more realistic that big institutions will buy your product. Why would anyone buy a token, believe in the project, and be called community

GM to everyone except those posting the „Wall St. Cheat Sheet - Psychology of a Market Cycle“ chart pretending to know where we are in the cycle.

This Week at Renaud Partners Renaud Partners is coming in hot with a speakeasy at this year’s @SolanaConf and our portcos are showing up in full force as well. So this week’s series is all about Breakpoint and our teams. Let’s dive in. Catch @eash0x speaking about the future