Megan Kaspar
Megan Kaspar
Career
Megan Kaspar[9] is a co-founding and managing partner at Magnetic, a privately held Blockchain and Cryptocurrency investment and incubation company[8] exclusively focused on digital[13] and blockchain-based assets.
On October 13, 2021, Kaspar was the first person to wear NFT fashion live on broadcast television[20] Ms. Kaspar gives her analysis on the emergent digital fashion investment opportunity:
“The fashion industry generates $2.7 trillion in global annual revenue, and we foresee it doubling over the next two decades because of digital fashion.
Digital fashion wearables give a new utility to fashion, taking it to a sustainable direction and making it a very large ESG investment.
From the top 12 global NFT categories, fashion ー including purely digital Metaverse wearables and those tied to a physical twin ー has the highest impact potential of industry disruption out of all categories.
Fashion could easily become one of the largest sectors in the crypto asset class in the near future” ー comments Megan Kaspar member of Red DAO[21]
Kaspar is focused on the emergent opportunities blockchain technology disruption is generating in the fashion industry.
As an initial member of Red DAO[23], the first fashion and beauty focused DAO incubated by Flamingo, Kaspar actively advises luxury brands on digital and Metaverse strategies.
Ms. Kaspar spent her career investing, incubating and advising companies in blockchain and related sectors.
Kaspar was an early investor in various digital assets and companies including: bitcoin, Ethereum, Cosmos Network, RSK, and EOS[7]. From 2017 to 2018, Ms. Kaspar co-led $172M of early stage token investments across 46 different companies.
Crypto & Blockchain
On January 14, 2021 Kaspar predicted Ethereum's price movement beyond the $1,448 record ATH from early 2018 would trigger a rally that could test the mid-$3,000 level.[16] Kaspar reflected on the unlimited potential upside Ethereum has; “There is a lot of value that is going to come out of this chain,” Kaspar said. “It’s definitely being overlooked and it’s misunderstood by a lot of investors that are just getting their feet wet to understand the ecosystem as a whole.”[15]
Education
Kaspar is a graduate of University of California, Los Angeles [1] and has completed a Blockchain Strategy Programme at Said School of Business, University of Oxford.[4]