The Onchain Foundation

What they fund

• Web3 Infrastructure — Projects like Lisk that provide scalable Layer 2 solutions for developers and real-world applications in emerging markets [1]., - Ecosystem Platforms — Initiatives like Trust Square that foster collaboration among innovators, entrepreneurs, investors, and policymakers [2]., - Decentralized Systems — Technologies that unlock the transformative potential of blockchain for businesses and consumers [1]., - Strategic Partnerships — Collaborations with other non-profits and venture builders like The Hashgraph Association and Inacta Ventures [2].

Investment thesis

The Onchain Foundation is a Swiss non-profit collective dedicated to advancing blockchain adoption and implementation to benefit businesses and consumers, with a vision of a world where humanity is onchain [1]. It focuses on supporting Web3 infrastructure and ecosystem development that democratizes accessibility for developers globally [1]. The Foundation backs projects that leverage efficient, scalable Layer 2 technology to enable real-world applications in emerging markets [1]. It actively engages in strategic partnerships and ecosystem development to accelerate the responsible adoption of blockchain technologies [2]. The Foundation also supports initiatives that unlock the transformative potential of decentralized systems through innovation programs and cross-chain collaborations [2].

Credibility: The Onchain Foundation website (onchain.org) outlines its mission, vision, and core projects like Lisk [1]. The press release regarding its strategic investment in Trust Square Ecosystem AG confirms its focus on ecosystem development and responsible technology adoption [2].

Value add

The Foundation provides strategic partnerships, ecosystem development, and innovation programs to support its portfolio companies [2]. It offers governance and oversight through its Foundation Council and management team [1]. It facilitates cross-chain collaborations and mainstream adoption of Web3 technologies [2].

Fit verdict: Ideal for Web3 infrastructure projects and ecosystem platforms seeking strategic validation and access to a global network of innovators and policymakers.

Founder diligence script:

• How does the Foundation's strategic partnership model differ from traditional VC funding?
• What specific ecosystem development resources are available to portfolio companies?
• How does the Foundation measure success for non-profit initiatives versus commercial ventures?
• What is the process for engaging with the Foundation Council for strategic guidance?

Portfolio focus

• Lisk — A Layer 2 blockchain dedicated to bringing Web3 adoption in emerging markets back to Ethereum, leveraging efficient, scalable technology for real-world applications [1]., - Trust Square Ecosystem AG — A global innovation platform for emerging technologies, where the Foundation became a strategic shareholder to support international scaling [2]., - Onchain Ventures AG — The Foundation's venture arm, indicated by Guido Schmitz-Krummacher's role as Managing Director and Board Member [2].

Strategic implications

The Onchain Foundation's non-profit structure allows it to prioritize ecosystem growth and responsible adoption over pure financial returns, making it a unique partner for Web3 infrastructure. Its strategic investment in Trust Square signals a shift towards broader innovation platforms beyond pure blockchain, potentially expanding its influence into AI and other frontier technologies. The Foundation's transparency through monthly financial reports builds trust with developers and partners, a significant differentiator in the crypto space. Its close ties with Onchain Ventures AG suggest a dual approach of supporting foundational projects while also engaging in more traditional venture activities.

Where they could go further

The Foundation could expand its focus to include more AI and blockchain convergence projects, given the mention of AI in the Trust Square press release., Developing a more structured mentorship or educational program for developers in emerging markets could amplify Lisk's impact and the Foundation's mission., Creating a more public-facing portfolio dashboard would enhance transparency and attract more strategic partners and developers., Formalizing a co-investment framework with partners like The Hashgraph Association could lead to larger, more impactful ecosystem initiatives.