Oliver Blakey of Paper Ventures shares insights on web3 VC scene and their $25M fund for blockchain startups. A former gambler turned pro-poker player, Oliver’s transition to crypto was natural. Seeing opportunities in web3, he founded Ascensive Assets during the ICO boom, later co-creating Paper VC. They prioritize riskier pre-seed investments, focusing on founder experience, flexibility, and capital management. Oliver stresses concise pitches for web3 VCs, emphasizing simplicity over technical jargon.