Why This Matters
From scarcity to incentives, a founder-first lens on Bitcoin’s design and how those principles inform the next wave of protocols BMGD.Capital backs.
Founder Playbook
- Design: security-by-design, constraints, clarity.
- Go-to-Market: power users first, then scale.
- Economics: incentives tied to usage.
- Governance: minimal, upgradeable, transparent.
Signals We Track
- Velocity and learning loops
- Security posture
- Retention and depth of usage
- Distribution leverage