Today, we’re announcing the Republic Ecosystem Fund, launched in association with Hyperscale, to accelerate projects being built on the Republic Blockchain. We are actively sourcing new investment opportunities, and are also interested in incubating new companies who have a predilection for building infrastructure and compute-intensive projects.
Republic is a layer-1 blockchain backed by compute. We believe the next generation of category-defining companies will be built by teams who can reliably access high-performance compute at the exact moment they need it. Our fund is meant to support both new teams who have never built with blockchain technology before, and seasoned, experienced companies who are looking to potentially transition to Republic.
Compute is rapidly becoming the most valuable commodity of the 21st century. GDP growth, enterprise productivity, and geopolitical leverage are increasingly contingent on access to computational resources, especially GPUs. The Republic Ecosystem Fund is meant to work in tandem with the computational resources provided by Republic to promote the creation of new technologies that are able to leverage computational resources to create category-defining companies.
Today’s announcement is centered around fund I, which will have 1 million dollars of capital, in addition to computational resources provided by the Republic Foundation. The fund will be entirely managed by an algorithm: we will identify, source, and fund founders and projects based on an open-source talent identification algorithm that is natively deployed on the Republic Blockchain. As such, our fund is entirely meritocratic: anyone, regardless of their background, can apply for investment. Our algorithm utilizes a combination of both historical achievements and current pedigree to identify promising individuals/teams for potential investment. We will be publishing the details of this algorithm via a technical paper later this month.
Deployments may take multiple forms depending on project needs and structure, including (where applicable):
Hyperscale is a trading and hedge fund that has existed since 2021, and has actively been making investments in blockchain technology. Hyperscale’s commitment to both Republic and fund I go beyond just capital: indeed, Hyperscale sees Republic as a foundational infrastructure that can eventually support the creation of multiple companies and technologies that will be fundamentally impactful. The projects that are supported by fund I and are able to execute will eventually be supported by Hyperscale, via the allocation of additional computational units via RAI, and access to native compute in the form of data centers.
We expect our own partnership with Hyperscale to only strengthen over time; as more and more projects are built on Republic, Hyperscale will be able to benefit, and will ultimately be able to buy more compute in the form of data centers. A portion of this compute will eventually be allocated to Republic, allowing for the creation of additional companies and projects.
Our fund’s beliefs are centered around the following core tenets:
Simply put, Republic exists to provide the next generation of builders with the resources they need to create innovative technologies.
We want to fund teams who:
If your bottleneck is GPUs and access to capital, we want to talk.
compute.hyperscale.fund
