Paul Hsu Named Chief Investment & Innovation Officer of Kadena Eco
Paul Hsu, Founder and CEO of Decasonic
Today, I’m proud to formally announce our ecosystem partnership with Kadena. Kadena is a layer 1 blockchain founded by ex- JP Morgan blockchain engineering leaders, Stuart Popejoy and Will Martino. They are also advised by Stuart Haber, a co-inventor of blockchain, two decades before the Bitcoin was born, and is the most cited author in the Bitcoin 2008 whitepaper.
Kadena has seen initial market adoption with an early set of talented developers and other community members. To scale this next stage of adoption, Kadena is launching Kadena Eco, where I will formally assume the role of Chief Investment & Innovation Officer (CIIO). Kadena Eco is the umbrella entity that manages the growth and innovation for Kadena through its R&D arm, an accelerator and the core ecosystem fund.
Very few venture firms in the world are invited into ecosystem funds, let alone lead those innovation entities. I am honored that the Kadena team has considered Decasonic and me for this partnership. With this role, combined with the other advisory positions, we are continuing to hire more professionals into Decasonic and scale our unique capabilities to deliver value added capital to outlier founders across all blockchains.
I have known the Kadena team since 2017 and our roots cross New Haven, CT and Yale. At Decasonic, we share aligned cultures: operating principles of speed, values of pay it forward and visions of blockchain for the mainstream. Stuart, Will, Francesco, and the whole team at Kadena are also long term thinkers and decision makers. Importantly, they deploying their deep technical expertise for #innovationforbetter, my lifelong dedication to build technology to improve living standards.
Kadena has a market-leading public blockchain with best in class security, speed, scalability and low gas fees. Kadena was founded on the idea that blockchain could revolutionize how the world interacts and transacts. But to get to mainstream adoption, blockchain technology and the ecosystem connecting it to the business world needed to be reimagined from the ground up. Its founders built a proprietary, multi-chain architecture and the tools to make blockchain work for everyone – at speed, scale, and with energy efficiency previously thought unachievable.
Building an ecosystem of builders, founders and strategic partners is a natural next step to fuel widespread innovation on and adoption of Kadena's blockchain.
Kadena Eco is the innovation network of Kadena fueling Web 3, DeFi and NFT hypergrowth. It unites technical founders and entrepreneurs with the world’s top blockchain leaders, venture capitalists and acceleration partners to support startups at every phase of their development journey. By leveraging Kadena’s builder-centric blockchain that delivers Web3 innovation with Web2 usability, Kadena Eco aims to speed the development and adoption of meaningful applications that benefit everyday people, worldwide.
Kadena Eco encourages development using Kadena’s unique scalable architecture and safe smart contracts and will expand the Kadena ecosystem by funding gaming, metaverse, NFTs, Web3, DeFi and DAO companies and projects with proven business models. These are areas of our expertise and I’m optimistic that our involvement can inflect the growth trajectory.
Kadena Eco empowers builders with capital, technical, and operational expertise. Over the near future, we will be looking to bring on other co-investment partners to Kadena Eco. There are plans to scale the core R&D efforts, accelerate the grants program as well as formalize an accelerator program.
We’re excited to join this community of builders and help shape and lead the vision for Kadena Eco.
It’s a bull market for builders. More to come.