1confirmation

1confirmation is an early-stage venture capital fund founded in 2017 by Nick Tomaino, who serves as founder and general partner. The fund invests in founders building open networks, cryptocurrency and blockchain technologies, with a stated focus on decentralising the web and society. Investment activity spans seed and later early-stage rounds.

The firm's technical remit covers cryptocurrency, blockchain, decentralised protocols and networks, open networks and financial technology. Its portfolio includes named positions in Ethereum, Polymarket, OpenSea, Bitcoin, Worldcoin, Coinbase, Nexus Mutual and Farcaster - a mix of protocols, consumer applications and financial infrastructure that reflects the fund's concentration on open-network ecosystems rather than a single vertical.

Alongside investing, 1confirmation publishes research and commentary on crypto, internet culture, consumer applications and open networks. The firm describes its approach as conviction-driven, with a long-term commitment to builders and founders.