Tech VC Accomplice Invests In New York City-based Blockchain Firm to Build Decentralized Networks
The Accomplice is a technology-focused investment firm which has recently announced its investment into New-York based blockchain infrastructure development firm called Bison Trails. Bison Trails is known for creating infrastructure for decentralized networks.
Bison Trails is actively developing a number of protocols for Livepeer, Tezos, Decred and dozens more. Accomplice believes that the blockchain based crypto network would generate a number of pockets of value for users, developers, and stakeholders. Bison being an infrastructure builder for the decentralized network play a significant role in providing those pockets.
Accomplice says that the experience of Bison Trails in building infrastructure sits perfectly well with the upcoming protocols based on proof of stake and believes that the investment could not have come at a better time. The infrastructure developed by the Bison Trails has baked in incentives for token holders to stake them and be an active member on the network, which would help avoid potential token deflation kind of scenarios.
The Accomplice team released a statement over the new partnership, which read,
“We are humbled to partner with Joe, Aaron and the whole team of Bison Trails and embark on a multi-year journey alongside co-lead initialized capitals and a cast of firms and angels we deeply respect. Bison trails and its whole team embodies the types of attributes we love in entrepreneurs, high-caliber, ambitious, attacking-hard important problems. We were introduced to the founders of Bison Trail, Mr. Joe Lallouz and Aaron Henshaw, by Nick Chirls at Notion Capital, and we immediately hit it off with the team. Joe and Aaron posses the rare combination of deep technical chops, crypto native insights and operational genes to build something special in the blockchain space. These two founders with their capability could have built impactful businesses in a variety of sectors, and their decision to invest in blockchain shows the decentralized space is attracting serial entrepreneurs.”
Accomplice being an active crypto and blockchain investment firm runs nodes for its protocol investments. They are also well aware of the generalized mining segment. They were looking for a partner with the specialization in node optimization and believes Bison Trails posse all the qualities to help them evolve and mature various protocols they are involved with.