Basics Capital

Basics Capital is a Singapore-based venture capital firm with a specialized focus on the burgeoning blockchain industry. Established with a clear mandate, the firm primarily targets early-stage projects that demonstrate a strong potential for longevity within the foundational infrastructure and broader ecosystem of decentralized technologies. Their investment philosophy centers on identifying and nurturing innovations that can contribute significantly to the long-term growth and stability of the Web3 landscape, rather than speculative, short-term ventures. This strategic approach positions Basics Capital as a key player in supporting the foundational layers of the future internet.

The firm's investment strategy is characterized by its active participation in seed and early-stage funding rounds. Basics Capital has built an extensive portfolio, having invested in over 60 blockchain projects across various sub-sectors, including GameFi, DeFi, infrastructure, and metaverse initiatives. They are frequently seen co-investing alongside other prominent blockchain VCs in syndicated rounds. For instance, they have participated in seed rounds for projects like StepN, which raised $5 million, and Genopets, which secured $8.3 million. While specific individual check sizes are not publicly disclosed, their involvement in these multi-investor seed rounds suggests typical first checks ranging from approximately $100,000 to $750,000, aligning with the capital needs of nascent blockchain startups.

Beyond capital provision, Basics Capital aims to offer strategic guidance and network access to its portfolio companies, leveraging its deep understanding of the blockchain space. Although headquartered in Singapore, the firm's investment reach is global, reflecting the borderless nature of the blockchain ecosystem. Their commitment to fostering projects with "an edge of longevity" underscores a patient capital approach, seeking sustainable growth and impactful contributions to the decentralized world. This long-term vision, combined with a robust portfolio and focused investment thesis, solidifies Basics Capital's reputation as a dedicated and influential early-stage blockchain investor.