Inspired by 'products i tried' by @yekiM_o . I'm starting this series 'On Sight'. Goal is to find and test new consumer products and share my thoughts. Appreciate all the feedback! Starting the series with @aux_xyz by @mikebodge
https://t.co/XGLKX2mq9S
Saw a few people arguing in comments that they were early to PMs, i respect them but that doesn't matter. Execution > idea and @shayne_coplan with the poly team did an amazing job despite the very thin regulatory freedom (against all the odds) and @1confirmation had their thesis aligned long before polymarket existed, they played many shots and found their north star "@Polymarket" Satoshi's execution is what made bitcoin what it is today, not the first! Long before bitcoin was even a thing, we had wei dei and nick szabo experimenting (hashcash/b-money) and yes, their contribution had big impacts and will always be an important reference point.
1confirmation's original @Polymarket seed memo from 2020.
Reading it now is wild, they saw the vision years before anyone else did.
Few in the industry have this type of conviction.
Total market cap of NFTs is ~$5B. 100x is coming but patience is required.
If you are overexposed to NFTs relative to coins, bull markets can be frustrating. Coins are more liquid. Liquidity leads.
But just like the trad rich store their wealth in trad art, crypto rich will increasingly store their wealth in crypto art. Most crypto rich people haven’t even touched NFTs yet.