W Brad Stephens co-founded one of the earliest dedicated crypto VC funds after personally mining Bitcoin at such scale that his home setup represented roughly 1% of global hash rate in 2013, giving him unusually deep infrastructure experience. He helped pioneer tokenized venture structures by leading Blockchain Capital's 2017 experiment turning their third fund into an on-chain vehicle sold to ~1,000 investors across 76 countries in a 15-minute token sale, with check sizes ranging from $5 to $1M. W Brad Stephens co-founded one of the earliest dedicated crypto VC funds after personally mining Bitcoin at such scale that his home setup represented roughly 1% of global hash rate in 2013, giving him unusually deep infrastructure experience. He helped pioneer tokenized venture structures by leading Blockchain Capital's 2017 experiment turning their third fund into an on-chain vehicle sold to ~1,000 investors across 76 countries in a 15-minute token sale, with check sizes ranging from $5 to $1M.