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Megan Kaspar

Firstlight, Red DAO

Founding Member, Red DAO / Managing Director Firstlight

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Megan Kaspar is an emerging technology investor and co-founder and Managing Director at FirstLight, a privately held digital asset, blockchain agnostic and technology investment firm.

She is renowned as a pioneer in the digital fashion realm. Ms. Kaspar has played a pivotal role in shaping the narrative and delineating investment opportunities in the web3 fashion sector, resulting in the influx of hundreds of millions in investment capital across the digital fashion startup ecosystem.

Ms. Kaspar began her career in 2012 with early investments in bitcoin and various digital assets. Her investment results on behalf of family offices, separately managed accounts and her firm have been exceptional. She has since emerged as a leading authority on the applications of web3 and web4 technologies within the fashion industry.

In 2023, Ms. Kaspar was named one of Vogue Business’s Top 100 Innovators in Tech and Web3. She is an advisor to Louis Vuitton’s first web3 NFT initiative, the VIA Trunk which launched Q3 2023.

Ms. Kaspar was named the “Fashion Industry’s Greatest Disruptor’' in 2022 on the cover of Haute Living’s Miami issue where she was featured wearing a digital outfit by luxury fashion designer Fendi. The issue was the first of its kind in media exposure for Augmented Reality digital fashion try-on’s of designer apparel. Kaspar was the first person to wear digital fashion from a luxury fashion brand on a publication cover.

Ms. Kaspar is a SYKY Mentor where she has led Masterclasses on Investing in Web3 Fashion and Decentralized Technology. She has sat as a Farfetch x Outlier Ventures Luxury Fashion Accelerator Mentor. Additionally, she sits on Miami Fashion Week’s advisory board. She constructed MIAFW’s metaverse activations during their scheduled calendar 2022 Resort Collection show. Under Ms. Kaspar’s advisory, the organization became the first CFDA globally recognized fashion week to participate in Metaverse Fashion Week.

In October 2021, she became the first person in history to wear NFT digital fashion on live broadcast television while giving an interview on Yahoo! Finance.

She is a founding member of Red DAO, the world’s first digital fashion focused DAO, responsible for purchasing the world’s most expensive fashion NFTs, “The Doge Crown” by Dolce & Gabbana (423.5 ETH). Red invests in the emergent opportunities arising from dematerialized fashion and apparel trends, powered by blockchain technology.

Ms. Kaspar is a staunch advocate of the environmental and social economic benefits of web3 NFT wearables. Her investments in over 50 early-stage startups showcase the practical applications of on-chain web3/ web4 fashion. Additionally, her advisory roles with prominent fashion brands have significantly influenced the transformation of the fashion industry, steering it towards a sustainable and forward-looking future.

Since 2012, Ms. Kaspar has deployed over $500M in digital assets; from 2017 to 2018 co-led $172M of early stage token investments across 46 different companies. Kaspar was an early investor in Bitcoin, Ethereum, Solana, Aptos, Fantom, Polygon and others.

She has also been named one of NFT NOW’s Top 100 in 2023 and 2022, Haute100’s Most Powerful People in Miami in 2023 and 2022, Institute of Digital Fashion Top 100 Leaders & Innovators and Threedium’s Top 50 Voices in 3D, AR, XR.