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Noah: Crypto faces a crisis of faith demanding productivity, Theia’s long-only strategy amid limited token supply, and the rising importance of narratives in attracting capital

Noah: Crypto faces a crisis of faith demanding productivity, Theia’s long-only strategy amid limited token supply, and the rising importance of narratives in attracting capital

Crypto is facing a crisis of faith, needing increased productivity to outperform traditional markets. Theia operates as a liquid fund, focusing solely on long positions without holding cash. Current market conditions have led to a concentrated investment strategy in key opportunities.

Key Takeaways

  • Crypto is facing a crisis of faith, needing increased productivity to outperform traditional markets.
  • Theia operates as a liquid fund, focusing solely on long positions without holding cash.
  • Current market conditions have led to a concentrated investment strategy in key opportunities.
  • The lack of new tokens in the market affects the attractiveness of investment opportunities.
  • Historical crypto…

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