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M31 Capital

APPLICATION REQUIREMENTS

Investment Analysts

 

Submit your highest conviction investment idea for a publicly traded token with a market cap over $5M USD. M31 Capital is a long-only, thesis-driven investment firm focused on blockchain-based token projects disrupting Wall St. (DeFi) and Silicon Valley (Web3), so priority will be given to submissions with a BUY recommendation on a token project within our focus (see below). 

The submission should clearly articulate your investment thesis and demonstrate a thorough understanding of the basics:

 

What problem does this technology solve? Who are the users/customers? Are they paying to use the product? How much of that revenue accrues to the token holders? Why can't a competitor copy this? Is the world a better place with this technology in it? Why will more people be using this product a year from now? 

Finally, you are expected to tie all of these factors back together into a specific price target based on your own valuation analysis included in the submission.

Sectors we like

  • Decentralized Finance (DeFi) 

  • Decentralized Storage, Compute, AI (Web3) 

  • Decentralized Physical Infrastructure Networks (DePIN)

  • Decentralized Wireless Networks (DeWi) 

Sectors we DON'T like

  • Gaming

  • Metaverse

  • Art NFTs

  • Memecoins

Requirements

 

Submissions must adhere to the following guidelines: Limit the document to 5 pages max, in PDF format, and it should encompass the following elements:

  • Investment thesis 

  • Analysis of tokenomics, business model, & comparison to competitors

  • Key tailwinds & key risk factors 

  • Valuation model & price target 

条款概要

Step 1:

Step 2:

Step 3:

Step 4:

Step 5:

Prepare Investment Idea

Submit Application

Round 1: General Interview

Round 2: Technical Interview 

Acceptance Offer

Deadline: December 1, 2023​

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