Strategy What Is Epoch One?
Digital Art And Culture Fund
The crypto economy is scaling from $2T to $100T over the next decade. Digital art is its apex asset class — where wealth and cultural value will inevitably accrue over time.
Epoch One is a first of its kind digital art and culture investment fund, that we are developing in partnership with Coinbase, built on the thesis that onchain art represents one of the most compelling stores of value for families and professional investors—combining qualities few assets can match: scarcity, cultural significance, emotional resonance, social signaling, and long-term durability.
We prosecute this thesis through a combination of proprietary curation and data analysis, alongside long-standing relationships with artists, galleries, and institutions across the ecosystem, to identify and acquire culturally defining works before they are widely recognized and repriced as part of the digital canon.
The result is a fund that seeks to provide LPs with privileged access to the world's greatest creators, collectors, and institutions shaping this emerging asset class.
Why Now?
Digital art is emerging from its early speculative phase into a more mature, institutionalized asset class. Following a period of excess and correction, the market has consolidated around works with enduring cultural significance, scarcity, and strong communities.
At the same time, infrastructure has rapidly improved—with institutional custody, standardized valuation, more liquid marketplaces, and the emergence of credit markets—enabling professional capital to participate more effectively and at scale.
As the asset class evolves from speculation toward utility and financial integration, investors are increasingly able to access digital art not just as a collectible, but as a durable and investable store of cultural and economic value.
"Art has always been the ultimate store of value—it sits at the intersection of culture, identity, and time. What's changing now is that, for the first time, culture itself is becoming digitally native, investable, and globally accessible. That's a profound shift."
Portfolio Construction*
*Approximate Weightings
Click any allocation to view example artists & collections
Curated by Raoul and Lyndsey, with Roger running best-of-class quantitative framework.
Raoul Pal
CIO
Lyndsey Lucente
Head of Curation
Roger Dickerman
Head of ResearchCoinbase
Institutional custody, infrastructure, and oversight across the fund — the credibility, security, and scalability layer for the strategy.
Tad Smith
Advisor
Ian Rogers
Advisor
Jack Butcher
Creative AdvisorFinal capital allocation decisions sit with the IC — combining curation, research, and firm leadership.
Lyndsey Lucente
Head of Curation
Roger Dickerman
Head of Research
Raoul Pal
EXPAAM CIO
Pierre Henry
EXPAAM CCO
John Pridjian
EXPAAM Co-Founder
Paulo Baia
EXPAAM Head Of Manager SelectionCoinbase
Voting MemberCuration Process
Epoch One's curatorial engine is built to source opportunities that are simply inaccessible to most market participants. Through deep, relationship-driven access across artists, collectors, institutions, and platforms, the fund secures preferential allocations and identifies culturally significant works ahead of broader market recognition.
Relationship-Driven Sourcing
Privileged access through artists, studios, and top collectors
Primary Issuance & Allocations
Early access to curated drops and institutional programs
Discreet Secondary Acquisition
Off-market block trades from concentrated or distressed holders
Institutional Channels
Museums, platforms, and white-glove secondary execution
Curation
Engine
How Data Drives Curation
We have compiled one of the largest proprietary databases of digital art to complement curation and establish a fair value framework for each investment. The framework integrates quantitative analysis across factors such as market depth, transaction history, and holder concentration to ensure disciplined sizing and risk management within an inefficient market.
How We Are Different From Other Art Funds?
Intended Joint Venture
We are developing a strategic partnership with Coinbase that aims to provide institutional-grade infrastructure, custody, and market access, bringing credibility, security, and scalability to a historically fragmented asset class.
Exclusive Members Club
Epoch One cultivates an invitation-only collector ecosystem where LPs gain privileged access to artists, curators, and institutions—unlocking first-look opportunities, high-signal information flow, and preferential allocations not available to the broader market.
Income From Credit Strategy
In addition to capital appreciation, the fund integrates a structured credit strategy by participating in emerging NFT-backed lending and borrowing markets. This enables the fund to generate yield, enhance downside protection, and acquire assets at more attractive entry points.
ETH-Denominated Staking
All investments are denominated in ETH, providing embedded exposure to the growth of the underlying network (beta), while active curation and sourcing drive alpha through selection, access, and timing. This means investors benefit both from the appreciation of the artworks themselves and from the potential upside of Ethereum over time.
Who Is Epoch One Designed For?
Families, institutions, and professional allocators seeking differentiated, uncorrelated returns through curated digital art exposure
Investors comfortable with long-duration, high-conviction allocations in pursuit of asymmetric, power-law outcomes
Allocators looking to complement traditional portfolios with exposure to the cultural layer of the digital asset ecosystem
Accredited investors seeking access to an exclusive, high-signal collector community alongside their investment
Deep Dive Into Epoch One
Epoch One is a closed-ended fund — fundraising is open through August 31, 2026.
Interested In Investing?
Please use the form below to express your interest.
This offering is available exclusively to accredited* investors. Minimum investment $100,000.
* As defined by the U.S. Securities and Exchange Commission under Rule 501 of Regulation D. Exact requirements may differ depending on investor jurisdiction.