# Nick Tomaino 

> Nick Tomaino is a cryptocurrency investor and founder of 1confirmation, known for early investments in NFTs like CryptoPunks and Beeple.

- Canonical URL: https://iq.wiki/wiki/nick-tomaino
- Categories: People in crypto
- Tags: Founder
- Created: 2024-10-31T11:47:22.428Z
- Last updated: 2024-11-01T20:16:52.300Z
- Source: IQ.wiki — the world's largest blockchain and crypto encyclopedia (https://iq.wiki)

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**Nick Tomaino** is the founder of[ 1confirmation](https://iq.wiki/wiki/1confirmation), a[ cryptocurrency-focused](https://iq.wiki/wiki/cryptocurrency) investment firm launched in 2017, managing over $1 billion in assets. Previously, he worked in business development at[ Coinbase](https://iq.wiki/wiki/coinbase) and was an early investor in major NFT projects like[ CryptoPunks](https://iq.wiki/wiki/cryptopunks) and artists such as Beeple. [\[1\]](#cite-id-embqumx1lcf)  
  
  
  
# Early Life & Education  
  
Nick Tomaino's early interest in internet culture and entrepreneurship began in middle school through his involvement in the sneaker community, where he bought, sold, and collected Jordans and Nikes while participating in forums like NikeTalk. His fascination with[ Bitcoin](https://iq.wiki/wiki/bitcoin) started after discovering the Bitcoin Talk forum, where he observed a global community driven by shared beliefs and economic incentives, contrasting with media portrayals. This experience deepened his understanding of cryptocurrency and ultimately led him to pursue a career in the space. [\[3\]](#cite-id-geedirffyb9)  
  
Nick Tomaino attended Bowdoin College, where he earned a Bachelor of Arts degree in Economics. He later pursued further education at the Yale School of Management. Prior to his college studies, he completed his secondary education at The Governor's Academy. [\[2\]](#cite-id-8kwfs2d1qnb)  
  
# Career  
  
After working at[ Coinbase](https://iq.wiki/wiki/coinbase) as a product manager from 2013 to 2016, Tomaino encountered a pivotal moment in his career. He shifted his focus to venture capital, where he leveraged his industry knowledge to support emerging founders. He joined Runa Capital, a venture fund that invests in enterprise software while also exploring the cryptocurrency sector. This role bridged his transition into venture capital and allowed him to deepen his industry understanding. Concurrently, he launched a newsletter on cryptocurrency and founded the Token Summit, an event that gained prominence in the early crypto community. [\[4\]](#cite-id-dmi2eanlmxd)[\[5\]](#cite-id-nt1r68rjbre)  
  
This transition led to the establishment of[ 1confirmation](https://iq.wiki/wiki/1confirmation), a fund dedicated to investing in early-stage cryptocurrency startups. [\[3\]](#cite-id-geedirffyb9)  
  
# 1confirmation  
  
Established in 2017,[ 1confirmation](https://iq.wiki/wiki/1confirmation) is an investment firm that specializes in the cryptocurrency sector, managing over $1 billion in assets. The firm has made investments in various projects, including[ OpenSea](https://iq.wiki/wiki/opensea),[ Coinbase](https://iq.wiki/wiki/coinbase),[ dYdX](https://iq.wiki/wiki/dydx),[ Ethereum](https://iq.wiki/wiki/ethereum), and[ Nexus Mutual](https://iq.wiki/wiki/nexus-mutual), focusing on cutting-edge opportunities in the industry. 1confirmation emphasizes building strong partnerships with founders to support their ventures effectively. [\[6\]](#cite-id-46l8i5ed06j)