On-Chain Indexes: The Future of Crypto Investing?

Potential for on-chain indexes, review of top index protocols, tokenomics, and more.

Last week, Alongside index protocol announced an $11M Seed raise lead by a16z and joined by Coinbase.

This is surprising because typically, DeFi projects raise between $1 million to $4 million USD and all DeFi index projects have a low capitalization ($1 million to $15 million MC).

Few people have heard about Alongside, as its AMKT index only has 341 holders.

This piqued my interest because VCs need to be forward-looking as their allocations are locked in for a few years.

Warren Buffet once said that by periodically investing in an index fund, a "know-nothing" investor can outperform most investment professionals.

Traditionally, stock indexes have been used to track the performance of a collection of stocks, with the S&P 500 being the most well-known example.

But it’s still early for on-chain indexes, and many crypto natives believe they can manage their own positions better than a centralized solution. The narrative is not here. Yet.

The numbers check out: stock indexes account for about …