For all the $NET community out there, you can use this SALT sheet as NET becomes a top coin
Most of you will sell far too early.
Try not to be one of them! (unless it's truly life changing money, then sell and change your life)
Dare to dream again
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$NET Thesis | $1057 | $57M FDV | $6M circ | $4M treasury of USDG + RWAs
(🥅, 🥅)
novel defi mechanism on Robinhood
$NET is the reserve share backed by at least 1 USDG of the protocol's on-chain portfolio, NetNetCapital accumulates productive assets like stablecoins and stocks through a few different mechanisms
pays out 1.2% per day to $NET stakers if NAV is 1.75x underlying treasury, currently trades at about 11x treasury, treasury has been growing substantially faster than the 1.2% $NET issuance
• 5% trading fee on all $NET purchases, goes to stablecoins in treasury
• bond issuance, allows people to buy $NET at a 8-12% discount by giving USDG, capped at a certain amount each day, protocol uses this USDG to accumulate tokenized stocks for the RWA-sleeve of the treasury
• protocol has different minigames where you can speculate to win more NET, fees from all of the games add to treasury reserves
• founder has done few interviews saying they've spoken with RH team on working together in future, previously worked on NBA topshot one of crypto's most successful consumer apps
• pseudo-options protocol at https://t.co/REhxkt22Rm where ppl can earn high % returns betting on up/down of stocks
• working on on-chain mini-game mmorpg similar to DFK
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believe this is one of the most interesting spots on Robinhood chain, have been saying that my thesis for this cycle is memefi, combination of gamification + interesting on-chain financial mechanisms on top & this is clearly that with RWAs baked in
2020/21 defi cycle crypto had a lot of interesting onchain experiments, didnt have as many last cycle, there will be a lot of ETH whales who find this protocol and are interested imo, last cycle Blast got ~2.4B in stablecoin deposits, recently Plasma got 1B in deposits in a week, there is a lot of capital looking for new protocols to play with onchain when they do pop up
@NetNetCap
THIS IS THE PROBLEM!!! This is how retail investors are introduced to memecoins. They’re literally being taught to only buy new pairs under 10k and panic sell ass soon as possible before a possible 80% nuke happens. This is NOT the game to play.
#crypto#fyp#trading#memecoins
you only get insane opportunities of multiples over 300x or more MAYBE 2-3 times every 5 years
$NET has my balls tingling
winning this hard is rarely ever comfortable. it takes blood sweat and tears to bink a big one
im betting these rebases are worth millions
@BilboBaggdeez@neet_sol I knew someone who worked hard their entire life, left their kid a Multi unit buildingas inheritance and the kid blew the money. couldn’t pay the tax bill and lost the building to someone else and is now paying rent to a new owner, in that same building.
brother do you know how insane it would be if we have buy buttons native on @X for tickers? and then they added revenue-sharing on trading volume the same way they have ad-revenue sharing? hello?
almost everyday, I begged you to buy. from $5M all the way here.
I'm hearing rumors of cex listing.
you have one last chance to be a part of this movement.
$HMM has experienced a -90% drawdown four times and still got back up. you want to be in memes with proven strength.
Elon Musk just put a price tag on obedience. It costs $200,000.
Musk: “You don’t need college to learn stuff. Everything is available basically for free. You can learn anything you want for free.”
Every lecture. Every textbook. Every framework ever written. Free on any screen in any country right now. The entire knowledge monopoly collapsed in a decade. Nobody updated the price tag.
Musk: “Colleges are basically for fun and to prove you can do your chores. But they’re not for learning.”
Strip the ivy and the branding. What’s underneath is a four-year obedience trial. Can this person follow instructions on a schedule without asking why.
Musk: “There is a value that colleges have, which is seeing whether somebody can work hard at something, including a bunch of annoying homework assignments, and still do their homework assignments.”
That is the entire six-figure value proposition. Not what you know. Not what you can build. Whether you can be managed. The establishment doesn’t need you educated. It needs you domesticated.
Musk: “If you’re trying to do something exceptional, you must have evidence of exceptional ability. I don’t consider going to college evidence of exceptional ability.”
The system doesn’t produce exceptional. It produces manageable. It takes the most creative years of your life and teaches you to wait for instructions. That is not education. That is containment.
Musk: “Gates is a pretty smart guy, he dropped out. Jobs is pretty smart, he dropped out. Larry Ellison, smart guy, he dropped out.”
They didn’t leave because they couldn’t keep up. They left because the ceiling was underground.
8 billion people now carry the same library in their pocket. The one these institutions charged a lifetime of debt to access.
The only product the university still sells is the belief that you need one.