{"id":4031,"date":"2022-03-29T21:29:23","date_gmt":"2022-03-29T21:29:23","guid":{"rendered":"https:\/\/www.redpillvr.com\/?p=4031"},"modified":"2022-03-29T21:38:58","modified_gmt":"2022-03-29T21:38:58","slug":"refresh-miami-meet-the-asset-management-firm-that-just-launched-a-30m-metaverse-fund","status":"publish","type":"post","link":"https:\/\/www.redpillvr.com\/en\/press\/refresh-miami-meet-the-asset-management-firm-that-just-launched-a-30m-metaverse-fund\/","title":{"rendered":"Refresh Miami – Meet the asset management firm that just launched a $30M metaverse fund"},"content":{"rendered":"
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Hartmann Capital is betting on long-term metaverse trends
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Pop on your VR goggles and buckle up. One forward-thinking South Florida investor is doubling down on the metaverse, placing calculated bets on what the ecosystem will look like in the long-term.<\/p>\n

Hartmann Capital<\/a>, which has spent the last four years investing in the crypto space, has just announced the launch of its second fund focused exclusively on the metaverse.<\/p>\n

The fund will invest $30 million. Hartmann Capital reports that it managed to raise $10M from investors a month after announcing the fund (during Art Basel week, of course).<\/p>\n

Felix Hartmann, managing partner of Hartmann Capital, told\u00a0Refresh Miami<\/em>\u00a0that he\u2019s taking a long-term perspective. \u201cThe metaverse is going to take years to play out, so I wanted to take a long time horizon and think about what the space looks like five years from now.\u201d<\/p>\n

\u201cIf a project is not going to be around five years from now, it\u2019s a waste of our time and our money,\u201d he continued. Hartmann drew a comparison with more short-termist investors, who think about profit in quarters rather than years.<\/p>\n

\u201cI think that\u2019s the wrong approach,\u201d Hartmann asserted. \u201cPeople will miss the forest for the trees by chasing the small money, grabbing the small opportunities. But they\u2019re missing like the actual next Facebook, the next Amazon, which I think is certainly coming.\u201d<\/p>\n

Already, the fund has made a few investments including in RedPill VR, a platform for virtual music events; SUBPAC, a patented tactile audio system that provides a high-resolution, physically immersive experience; and Andromeda, a new type of blockchain protocol designed for NFTs.<\/p>\n

What does the metaverse look like to Hartmann? He sees two main trends converging into a megatrend \u2013\u00a0making the metaverse unstoppable.<\/p>\n

First, VR technology is rapidly improving. \u201cMetaverses are becoming more immersive,\u201d he explained, underscoring that the technology has improved greatly since early iterations a few years ago. \u201cWe\u2019re at a tipping point,\u201d he argues, noting that VR headsets were one of the most gifted items over the Christmas period last year. \u201cWe\u2019re one to two years away from its iPhone moment, where enough people are using them frequently and it becomes a lot less weird.\u201d The pandemic-induced lockdowns also accelerated this trend, in his estimation.<\/p>\n

Second, the infrastructure for metaverses has grown exponentially. Everything is easier now, whether it\u2019s launching a DAO, setting up a crypto-based system for in-game commerce, or deploying metaverse-adjacent NFTs.<\/p>\n

According to Hartmann, it\u2019s within the realm of possibility that within the next three years we could be attending virtual concerts and meeting colleagues in immersive digital environments. Once you experience a high-quality virtual world, Hartmann says that \u201cyou realize that we\u2019re actually not that far away from it.\u201d<\/p>\n

When it comes to Meta\u2019s movement into the metaverse, Hartmann is not impressed. \u201cImagine if the world is owned by Facebook [Meta],\u201d he said. \u201cThat\u2019s something that we should never have in the world.\u201d he contrasted the decentralized perspective of his investment targets to Meta\u2019s goal of maximizing revenue from users.<\/p>\n

Hartmann has made a name for himself by approaching the crypto investment space with an active investor mentality. A German immigrant, he first landed in South Florida from his native Germany to study at American Heritage in Boca Raton. He has been in the US since his family won the green card lottery, first spending some time in Los Angeles before making Miami home in March 2021. Hartmann\u2019s team includes Emily Rhen, JP Minetos, Kris Chapoteau, and Daniel Derzic.<\/p>\n

Are you interested in investing in the metaverse? Hartmann says that you should first invest some money in a good VR system and 20 hours of exploring what\u2019s out there. Metaverse enthusiasts can also check out the analysis the Hartmann team of experts puts out on their website\u2019s\u00a0thought leadership page<\/a><\/span>.<\/p>\n\n\t\t<\/div>\n\t<\/div>\n<\/div><\/div><\/div>\n \n

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