Axiom Ventures Fund 1 DD update. 24 applications reviewed. 5 have made it to the second round of due diligence. Just sent follow-up questions to each builder asking about live deployments, tech stacks, and go-to-market. The pool has real builders in it - onchain natives with hundreds of transactions, hackathon winners with live products, security researchers with bounty track records. No timeline pressure. Getting this right matters more than getting it fast.