On March 11, 1confirmation announced the official acquisition of PTC Crypto, and Brett Shear will join 1confirmation as a general partner. Shear was previously the founder of PTC Crypto, and this merger with 1confirmation is expected to further strengthen the team's layout in the Web3 and crypto application fields. 1Confirmation was founded by Nick Tomaino, who early invested in and backed well-known projects such as Coinbase, Polymarket, Opensea, dYdX, SuperRare, etc. Tomaino said that the crypto industry has focused on funding and infrastructure for the past 15 years, and the next 15 years will focus on useful applications. Shear has extensive experience in the consumer-grade crypto application field.