Variant is an early-stage venture firm that invests in crypto networks and platforms building the Ownership Economy. Founded in 2020, the firm focuses on decentralized protocols, infrastructure, and applications that advance true user ownership. Variant provides capital, mentorship, and support, including world-class regulatory and legal guidance, marketing, communications, and talent advisory. They primarily invest in pre-seed and seed rounds, often as the first check, with investments typically ranging from $500K to $5M. Variant also manages an Opportunity Fund to support its portfolio companies as they scale.