In seemingly a flash, terms such as blockchain, crypto, DeFi have transitioned from nascency, thrust into the mainstream collective consciousness. Twitter and Clubhouse are buzzing with live chats about DeFi. Standup comics and 7-time Superbowl champions are launching digital licensing empires through NFT platforms. People all over the world are collaborating to build companies on top of Binance wallets and Ethereum forks. If you are on the sidelines, you might ask yourself, should I care? What is all of this “Dogecoin To The Moon” nonsense?
There is an intrinsic human need to embody value in the things we do, the things we create and the things we own. In the not too distant past, our ancestors defined, stored and transferred value through the hard earned and collected physical things around us. Trusting in that value and the transfer of wealth between two individuals was as easy as who you could engage with, what you could touch, or see, or store for use another day. Humanity is now digitizing nearly every human interaction and digital creation at a rate of roughly 3 quintillion bytes of data daily. Blockchain, “Crypto”, DeFi and NFTs represent the protocols that manage the store of value and trustworthy exchange in this digital age.
Enter Esprezzo, the simple to use platform for building applications and workflows on top of on-chain events. After all, not everyone is a MacGyver crypto coder in a Singapore dorm room cooking up the next best DeFi micro-loan application by using a slingshot, some bubble gum, a toothpick, Python and an Ethereum port. People require applications on top of these protocols to make these concepts useful for society. Esprezzo represents the “Twillio of Blockchain” by enabling a no-code and low-code approach, reducing costly barriers to entry and opening up a world of use cases.
We invested in Esprezzo because we firmly believe in the blockchain as a transparent trust mechanism and a global contract for the store of human-created and digital-created value. Their upcoming service Dispatch empowers anyone the ability to create blockchain-based workflows in seconds. This is a first step in many for Esprezzo to provide utility and scale to those who are looking to streamline access to the blockchain. Similar to the early days of the internet, where the web browsers and the ultimate web application ecosystems were being built upon early HTML and WC3 RFCs, Esprezzo is building the foundation for an ecosystem of users who will build value on top of these new trust protocols.
Nine members of TBD Angels invested in Esprezzo’s oversubscribed $2M seed round, alongside Mark Cuban, Arrington Capital, Longley Capital, Rarestone Capital, CMS Holdings, LongHash, Youbi and Zag Capital.