Lemniscap is a crypto-native investment firm focused on blockchain infrastructure, protocol economics, and Web3 networks, investing across early and growth stages. The firm is deeply technical and thesis-driven, prioritizing token design, network effects, and long-term protocol sustainability. Lemniscap is highly relevant for founders building core Web3 infrastructure or protocols, and completely irrelevant for non-crypto startups or Web2 businesses with superficial blockchain elements.