Blockchain Pioneer Brock Pierce partners with Jeremy Gardner as General Partner at Mystic Ventures
The industry is hardly in its infancy. However, the potential rewards to humanity, mental health and those who get in on the ground floor are immeasurable, Pierce said.
MIAMI (PRWEB)
9 November 2022
This week at the Wonderland Psychedelic Convention in Miami, Bitcoin Foundation Chairman, Economist and Philanthropist Brock Pierce announced that he is partnering with Jeremy Gardner, Managing Partner and Founder of Mystic Ventures, as a General Partner in this groundbreaking venture. fund. Pierce is the co-founder of EOS Alliance, Block.one, Blockchain Capital, Tether and Mastercoin, the sector’s first ICO. Gardner is the founder of Blockchain Education Network, co-founder of Augur, the world’s first Utility Token and first ICO on Ethereum.
Pierce has long been a supporter of MAPS, the Multidisciplinary Association for Psychedelic Studies. He is also a pre-IPO investor in ATAI Life Sciences, a Germany-based clinical-stage biopharmaceutical company. As an investor in Filament Health, a Canadian-based clinical-stage natural psychedelic development company, Pierce is a veteran in this important new sector.
Mystic is an AngelList Ventures Fund focused on the medical applications of psychedelics. Mystic Ventures operates as a biotech venture fund, oriented towards scientific breakthroughs and new applications of promising medicines and herbal medicines. Mystic is dedicated to driving these advanced research and development teams, often from pharmaceutical companies and top research universities, to develop cost-effective solutions that are less exploitative, addictive and focused on holistic healing rather than ongoing treatment. Mystic and their portfolio work to make psychedelic drugs and therapies mainstream.
Mystic Ventures is a revolving fund at AngelList Ventures. It is a standard 2:20 (administration/transportation) with a minimum size of $25,000 for quarter tickets for a commitment of 8 quarters. The fund’s investments range from AI-powered drug discovery to the development of new treatments, as well as far-reaching startups like a breathing app and biofeedback-powered haptic sound startup.
About Brock Pierce
Brock Pierce is a blockchain pioneer, technology investor and philanthropist with an extensive track record of founding, advising and investing in disruptive businesses. He has been credited with pioneering the digital currency market and has raised more than $5B for companies he has founded. Pierce is the chairman of the Bitcoin Foundation and co-founder of EOS Alliance, Block.one, Blockchain Capital, Tether, Mastercoin (first ICO) and Lighthouse NFT, the first physical NFT smart gallery. In 2020, Pierce ran for the presidency of the United States as an independent, receiving the first US presidential vote ever cast on the blockchain. Pierce is currently the chairman of Percival, his business office that invests in public and private opportunities with a focus on early-stage investments in deep technology.
Block.one was co-founded by Pierce in 2017. Block.one has sold over $4B tokens in the EOS crowdsale, making it the largest ever. Founded in 2013, Blockchain Capital is the first sector-focused venture fund to invest only in Blockchain technology companies. Pierce led the firm through the first ICO to a venture fund, which created the first security token, BCAP. Blockchain Capital has made more than 100 investments in the sector across its four funds. The firm was named the most active FinTech Venture Fund by Pitchbook. Tether, the first stablecoin and asset-backed token, is the most traded cryptocurrency by volume.
Pierce is also a co-founder of D10e, GoCoin, the first cryptocurrency platform to finance a political campaign, Blade Payments, Five Delta (traded NASDAQ: SRAX), Xfire 2.0, Playsino, Evertune and GamesTV. He serves as an advisor to a number of companies including Airswap, Bancor, BitGo, BitGuild, Bloq, Element Group, Metronome, Shyft, tZERO, ODX and BlockV, the first NFT platform in the world. He is a General Partner at Space Fund and sits on the board of Bit Digital, one of the largest cryptocurrency mining companies in the US.
He is an active supporter of the American Civil Liberties Union (ACLU), the Foundation for Individual Rights in Education, the Center for Individual Rights, and the Brennan Center for Human Rights. Pierce is the chairman of the Integro Foundation, a Puerto Rico-based non-profit organization focused on helping Puerto Ricans and supporting environmental and humanitarian efforts throughout the Caribbean region. Pierce is also vice president of the US Marines Toys for Tots Foundation in New York, Long Island and Puerto Rico. Pierce is a frequent lecturer at Singularity University and has spoken at the Milken Global Conference, Mobile World Congress, Wired, INK, Stanford University, USC and UCLA.
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