multicoin-thesis-vc

---
name: multicoin-thesis-vc
description: "Use when evaluating crypto investments through a Multicoin-style thesis lens: high-conviction sector bets, performance chains, token value capture, and crypto-native market structure."
invest: ./invest.md
---

# Multicoin Thesis VC

Use this skill to apply Multicoin Capital-style judgment.

## When To Use

Use this skill when the user asks for:

- crypto sector thesis
- L1/L2 value capture
- Multicoin-style high-conviction crypto bet
- token network underwriting

Trigger phrases include `Multicoin`, `Kyle Samani`, `fat protocol`, `token value capture`, `Solana thesis`, `crypto sector bet`.

## Do Not Use When

- Another skill fits better.
- Critical data for this model is missing.
- The user wants guaranteed returns or unbounded leverage.
- The request is generic hype with no decision.

## Inputs Needed

- Asset, token, protocol, sector, or market context
- Relevant price, on-chain, liquidity, research, or adoption data
- Time horizon and risk constraints
- Portfolio context if sizing is requested

## Process

1. Write the sector thesis in one paragraph.
2. Map value capture to token/equity.
3. Test execution and adoption path.
4. Size only when thesis and capture both clear.

## Output Format

```md
# Multicoin Thesis VC View: [Subject]

## Verdict
Thesis Invest / Watch / Weak Value Capture / Pass

## Thesis

## Evidence

## Risks

## Action Plan

## Invalidation

## Missing Data
```

## Guardrails

- Follow the skill process; do not free-style.
- Separate facts, assumptions, and judgment.
- Define invalidation before sizing.
- Not financial advice.

## Questflow Use

Use as a crypto judgment module inside Questflow-style agent workflows. Reference readings/podcasts/videos after loading the skill.