Ugly Unicorn

About Ugly Unicorn

Ugly Unicorn is a $20 million Blockchain-focused investment fund focused on providing our investors with risk mitigation strategies in the crypto and blockchain space. We target risk-mitigated positions that provide an above-market risk-adjusted rate of return to investors. Ugly Unicorn is a deep research team dedicated to finding “ugly unicorns” inside of the crypto, blockchain, and DeFi space. We leverage deep market research and technical market analysis to invest capital into high-yielding positions in these markets for the long term. This allows us to earn high yields while mitigating downside risk throughout market cycles. Fund Strategy: We take a diversified approach to blockchain. We underwrite a potential investment based on three categories: 1) Experienced Team: Do they have a track record and something to lose if this doesn’t work? 2) Clear Roadmap and Compelling Future: What’s the growth potential of this technology, and what’s the path for its usage? 3) Real-World Utility: How many developers are building on the platform and using it every day?
People
  • Bridger Pennington, General Partner