Billions lost in 60 minutes.
I called $OM token from $1B - $7B
At $7B I explained how they’re having OTC deals, called it overvalued AF & that marked the top.
I have empathy for individuals who have suffered from this: Understand how the game works, only then can you be safe and win. Naivety in an industry that’s this old isn’t a valid excuse.
That being said, I respect legitimate competition, especially since the TAM is big enough for everyone. I do not respect corrupt players in a niche that is supposed to decentralize (to an extent) and provide control to the populace over their RWA.
May such players continue to fall, and then stay dead.
What To Look For:
- Revenue.
- Users.
- Impact.
The future of RWA is bright.
-ak
To be 100% clear there is no 76m token unlock on April 19 2025. Lets get that out of the way first and as we approach our anniversary, lets also take a moment to reflect and share what's on the horizon...
Over the past year, KARRAT has remained committed to development and supporting real world product. Industry skepticism can be tough and we know sentiment hasn’t always been where we’d like it to be but we've made significant strides. We've never lost sight of our long term vision and were not getting lost in the noise and shifting narratives. Focus remains strong on building a product focused ecosystem that’s positioned for the long haul and we’re grateful for a community that journeys with us through the noise.
Airdrop and unlock misinformation
It has come to our attention that there is reporting of a 76m token unlock on April 19 on prominent token tracking sites which is causing some confusion among the community. This is incorrect and is a reminder that there is only one true source of information on unlocks, which are the Karrat Docs, available on the Karrat website. The reality is far less dramatic.
On April 22 the final claim for Hooligan NFT holders will commence, this will be open for 1 year and each Hooligan will be eligible for 1125 Karrat tokens each, totalling just shy of only 10m tokens, which become circulating as each holder claims. The first claim took place on April 22 2024 and this second and final one starts on April 22 2025.
There are also no Team & Advisor unlocks happening in April. They were dude to commence on May 22 2025 and are unlocked over 36 months.
Why we’re excited for what’s next
Our partners AMGI Studios, Arbitrum and their expansive networks are some of the best builders and season creatives in the space, not only in blockchain, but also in the gaming and entertainment spaces. We have a lot to look forward to and there are big developments on the Horizon.
- Studio Chain: It is no secret that we are working with Arbitrum and Caldera to launch Studio Chain, to power our ecosystem. Testnet program has commenced with a closed internal group for now including AMGI Studios and My Pet Hooligan. You will start to see Studio Chain take shape and onboard more infrastructure partners in the coming weeks. There are endless ideas, possibilities and applicability for Studio Chain in the gaming and entertainment industry and we are all hands on deck to make an impact.
- Console gaming breakthrough: We've been working with My Pet Hooligan to launch on major consoles. This is a huge step toward bringing Web3 native gaming and IP to mainstream audiences. This is a bridge to millions of players who can experience our ecosystem.
- Entertainment vehicles: Beyond gaming, we’re building a broader entertainment ecosystem with AMGI Studios. The only proven Web3 studio with real industry backing. In addition to developing the My Pet Hooligan feature film, AMGI is also creating innovative entertainment vehicles designed to expand the IP and bring mainstream audiences into the world of interactive, player owned experiences.
- Product first focus: We are focused on working with our partners to deliver tangible products, building tech and experiences that stand the test of time.
Do not underestimate our drive and ambitions for the space, we have done and will continue to do things that have meaningful impact and longevity and are a positive foot forward for the space.
A year old but just getting started
As we approach our one year mark, we’re not celebrating. We're building. This project is still young, but it’s gaining strength with every day. We’ve faced challenges, but we’re staying product first, laying the groundwork for something much bigger. And while not everything we’re building is public yet, it will be soon.
To our supporters
Building something transformative takes time, grit and your support. Engage with us, keep asking tough questions, share ideas, correct misinformation when you see it and tell us what keeps you hyped. We’re listening.
This year we build back stronger and bring more allies on this journey with us.
No one talks about this…
The BEST WAY to research long term investments in crypto is to build.
As you’re building, you’ll encounter projects and companies in your path that you cannot proceed without leveraging or using.
Through this, you realize their importance and understand their impact.
Bet on useful tools and shovels.
New vid : Like & Comment "1". 5 will win a mini allocation to my meme coin likely worth 5 figures (Must like/follow/share)
Crypto is nuking. Selling here is so stupid. Here is why I am bullish AF and chucked millions at crypto at these lows.
https://t.co/JPaj4wl7bT
$Genuis 1
DfQjh6yRfEewAF3N4QeUzFSfSPbLVjEdChVArYjCpump
200k now
https://t.co/0X51aCBim6
dyor - This should not be Kanye @kanyewest himself opening a new account on Xiaohongshu.
Because the first sentence of this video already says, "I just wanna thank everybody. I wanna try to hear directly from me so you know this is me on my Twitter."
This video was likely posted earlier on his Twitter, right? Scammers are really good at digging up old content and finding narrative, but that doesn’t stop FOMO among Chinese🤣🇨🇳
The video mainly expresses his thoughts on freedom of expression. He mentions the double standard in society regarding speech—some extreme statements (like violent threats) are allowed, while certain topics are off-limits, which confuses and frustrates him.
He wants everyone to hear his voice directly, to know that his Twitter is managed by him personally and not manipulated.