Bekham Bechamle

Founder of Safemark & 0xweb. Crypto | AI | Life

[Bekham Bechamle @Bechamle]

i just researched 32 active IDOs in one shot for $0.30
here's what i built, what i found, and the stupid mistake i almost made 🧵

asked Claude Code to scrape CryptoRank and pull every live IDO : raise, FDV, MCap, vesting, launchpad, investors, the whole thing

structured it into a tracker. translated everything. added analysis on each project

took about 20 minutes total

$0.30 in tokens

but here's the part that actually hurt my soul

i was about to pay for CryptoRank's API

then Claude Code found that every single data point is already sitting in the page HTML

inside <script id="__NEXT_DATA__"> — Next.js just dumps the full JSON there for the browser to hydrate

no auth. no API key. no rate limits. just a GET request and parse

i would've paid for something that was free the whole time

anyway here's what i found after going through all 32 projects

the market is cooked with bad tokenomics rn

most IDOs have Raise/FDV under 2%

meaning: the project raises $300K, sets FDV at $60M, and calls it fair

you're not early. you're exit liquidity.

the red flags i kept seeing:
* team allocation 2-3x higher than public sale
* FDV/MCap ratios above 20x (some hitting 144x)
* "ecosystem fund" holding 60-70% of supply with zero explanation
* no investors disclosed on a $40M FDV project

if they won't tell you who backed them, you already know the answer

the few that actually looked interesting:
OpenDelta - Anatoly Yakovenko + 6th Man Ventures backing, yield-bearing token protocol. tokenomics not disclosed yet but the backer list is real
Drake (Monad) - CMS Holdings in. perp DEX thesis on Monad makes sense. waiting for full terms before touching it
Friendly Giant AI - 31% raise/FDV ratio, best number in the whole list. still early but at least the math isn't insulting

full tracker 32 projects, all numbers, full analysis: https://t.co/UhQ0yACsms
free. take it.

the tool i built spits out:
✓ raise vs FDV ratio (the only number that matters)
✓ MCap/FDV gap = future sell pressure
✓ team vs public sale imbalance
✓ vesting cliff risks
✓ investor quality score (or absence of one)

one spreadsheet. every project. color coded.

i'm not a VC
i don't get allocations
i just refuse to go in blind
if you can code a little + use AI properly, you can build your own edge in 20 minutes for less than a cup of coffee
that's the whole point

[Bekham Bechamle @Bechamle]

@jessepollak Actually, I don’t create, but for such an offer I’ll have to start creating something similar.

[Bekham Bechamle @Bechamle]

@coopernicus01 Yes. My lore is that of a drunk degen 😂

[Bekham Bechamle @Bechamle]

@coopernicus01 Familiar feeling, familiar problem)

[Bekham Bechamle @Bechamle]

@FelixHopkins7 May God help you in your endeavors.

[Bekham Bechamle @Bechamle]

@FelixHopkins7 Amazon, definitely

[Bekham Bechamle @Bechamle]

@MaximusInvestor Sailors!!!! Cease the panic on the ship!!

[Bekham Bechamle @Bechamle]

@hammi_ip @xanaxmontanaonx 😂😂😂😂😂😂

[Bekham Bechamle @Bechamle]

@0ne618 At least it’s easier for me to navigate at the bottom than during the active phase of the market.

I think it’s a matter of preference.

[Bekham Bechamle @Bechamle]

@0ne618 im only glad about the apathy around the market.

[Bekham Bechamle @Bechamle]

@pythianism Today on the street a fortune teller came up to me and offered to read my palm for $10.
I don’t know how this story relates to CT.

[Bekham Bechamle @Bechamle]

@WhaleFUD Don’t seem like it

[Bekham Bechamle @Bechamle]

@factorydoge69 That was the most beautiful iPhone model.
5 or 5s.

Both are wonderful.

[Bekham Bechamle @Bechamle]

@materkel Ahahaha, that’s brilliant in its own way. Bravo.

[Bekham Bechamle @Bechamle]

@AshCrypto This little blond guy talks too much.

He brings harm to the world.

He has brought harm to crypto.

Has he brought any benefit to anyone except his own business?

[Bekham Bechamle @Bechamle]

@papaxem4 To take one’s will into a fist, to be more precise.

[Bekham Bechamle @Bechamle]

There's no more useful film for anyone in crypto than The Gambler. None. ⠀

If you haven't seen it, stop here. Spoiler ahead. ⠀

The ending. Mark Wahlberg walks out of the casino and runs across the whole city. No words. Outro by M83 playing over it. He just won everything back and cleared every debt. He could have stayed in. He could have grabbed more. He just walked away. ⠀

I never had his addiction. The risk doesn't get me high. The trade itself doesn't make my hands shake. But I've caught myself doing other things. Holding a position long after I should have closed it. Averaging into something that no longer deserves it. Seeing that a trade is rotten and still feeling the money pull so hard I can't look away. ⠀

I always stopped. Always. Even when everything inside me was screaming to keep going. But I know how hard it is. ⠀

So when I see someone actually drowning, pouring deposit after deposit into futures, aping into a garbage token because the picture looked nice, I feel it in my skin. ⠀

And this isn't only about crypto. It's about a relationship, a job, any process where you've been destroying yourself for a long time and can't walk out.

If that's where you are right now, you already know it's time but something still pulls you back, watch this scene. It lets you feel the relief that comes when you finally leave.

[Bekham Bechamle @Bechamle]

There is undoubtedly some truth in your words. But Saylor’s scale is on a different level. And Bitcoin’s scale is on a different level. Ethereum has long needed to understand that this is not enough — that they are the same altcoin as everyone else, at least in the sense that they also need advertising. I agree with the post.

[Bekham Bechamle @Bechamle]

@alCamel77 "My people want to die more than you want to live." The Persians definitely have balls.

[Bekham Bechamle @Bechamle]

@Tradermayne 😂Short and clear.