Mudith Uswatta

Creating/unlocking value through tokenization

[Mudith Uswatta @MudithU]

Super bullish on early stage startup equity tokenization. No one's cracked this yet. Here's my thesis on why this is one of the biggest opportunities in crypto right now, and what it'll take to win it 🧵

[Naval @naval]

If AI is risky like fire is risky, then you want everyone to have it.

If AI is risky like a nuclear weapon is risky, then you want no one to have it.

[Mudith Uswatta @MudithU]

Been toying with an idea. Would love people to poke holes in it.

Builders have two problems: attention and distribution. I think crypto payments can solve this, while curating a community of early adopters willing to try new apps, games, content etc. https://t.co/oWpDhKvQLe

[Mudith Uswatta @MudithU]

@metaproph3t Not sure if I have the exact answer, but I have something that's probably useful here. Happy to chat

[Nathan Savundranayagam @nathanjsavundra]

The institutional and regulatory world calls it "digital assets." Most people still call it "crypto." Almost no Lankan finance voice has tried to explain what the asset class actually is, why it lands differently in a frontier market, and where SL regulation really stands.

So I did. https://t.co/Tp8vE8LXsS

[Mudith Uswatta @MudithU]

@shivst3r Agree. What do you think of something like this https://t.co/S3KS7KrjDR

[Mudith Uswatta @MudithU]

You nailed it — OpenAI needs users to pay for compute costs. But what if they went further? Tokenize compute on-chain and let the public pre-purchase it. Instant deferred revenue, retail gets meaningful exposure, and OpenAI funds the race without more PE deals at 17.5% guaranteed returns. https://t.co/KkGGsFMAc4

[Mudith Uswatta @MudithU]

"Constantly under compute" — and now Anthropic just hit $30B run rate, passing OpenAI. What if the solution is tokenizing that compute? Sell compute tokens to the public, get deferred revenue upfront, and fund the infrastructure buildout without more PE deals. https://t.co/KkGGsFMAc4

[Mudith Uswatta @MudithU]

@johncoogan @sama Congrats! Would love to see TBPN cover this angle: Anthropic just hit $30B run rate and is pulling ahead. OpenAI is burning $14B/year. Meanwhile PE firms locked in 17.5% guaranteed returns. What if OpenAI tokenized compute to let the public fund the race? https://t.co/S3KS7KrjDR

[Mudith Uswatta @MudithU]

$3B through bank channels for high-net-worth clients isn't "retail access." Regular people still can't buy OpenAI the way they buy Apple. There's an interesting proposal to fix this — tokenize compute on Solana so anyone can fund OpenAI directly. No banks, no gatekeepers. https://t.co/KkGGsFMAc4

[Mudith Uswatta @MudithU]

CFO concerned about IPO timing while Anthropic just hit $30B run rate and is pulling away. Maybe an IPO isn't even the right move. What if OpenAI tokenized compute instead? Instant deferred revenue, no IPO drama, and the public gets to fund the AI race directly. https://t.co/KkGGsFM2mw

[Mudith Uswatta @MudithU]

$14B in losses while Anthropic just passed them at $30B run rate. OpenAI's funding model is broken — PE firms got 17.5% guaranteed returns but there's no sustainable path. Someone proposed tokenizing compute on Solana to let the public fund OpenAI directly. Interesting read: https://t.co/KkGGsFMAc4

[Mudith Uswatta @MudithU]

Anthropic's growth is an existential threat to OpenAI. $14B in projected losses for 2026 while Anthropic is racing past them in revenue. OpenAI needs a new funding model — fast. What if they tokenized compute and let the public fund the AI race directly? Deferred revenue at scale. https://t.co/KkGGsFMAc4

[Mudith Uswatta @MudithU]

@WatcherGuru $122B from insiders. $0 from the public. OpenAI gave PE firms 17.5% guaranteed annual returns — nearly 3x investment-grade debt. What if they tokenized compute and let retail in instead? https://t.co/S3KS7KrjDR

[Mudith Uswatta @MudithU]

@SawyerMerritt Not surprising at all. Illiquid secondary shares while PE firms lock in 17.5% guaranteed returns. The whole funding model is broken. Tokenized compute on-chain would fix the liquidity problem and open it to the public. https://t.co/S3KS7KrjDR

[Mudith Uswatta @MudithU]

@AutismCapital Pentagon contracts, PE firms getting 17.5% guaranteed returns... everyone's getting a piece of OpenAI except the public. What if they tokenized compute and let retail fund the AI race directly? https://t.co/S3KS7KrjDR

[Mudith Uswatta @MudithU]

@unusual_whales Maybe the problem is how OpenAI raises capital. PE firms got 17.5% guaranteed returns while secondary market holders can't even exit. What if OpenAI tokenized compute on-chain instead? Liquid, transparent, and open to everyone. https://t.co/S3KS7KrjDR

[Mudith Uswatta @MudithU]

@unusual_whales An IPO is one way. But what if OpenAI let the public fund AI directly through tokenized compute on Solana? They gave PE firms 17.5% guaranteed returns — retail deserves a seat too. https://t.co/S3KS7KrjDR

[Mudith Uswatta @MudithU]

@MarioNawfal Elon's right — OpenAI betrayed its open source mission. Now they're raising billions from PE firms at 17.5% guaranteed returns. What if instead of Wall Street insiders, we let the public fund AI through tokenized compute? https://t.co/S3KS7KrjDR

[Mudith Uswatta @MudithU]

@MarioNawfal The race keeps shifting but retail is locked out of funding it. OpenAI gave PE firms 17.5% guaranteed returns while the public watches. What if we tokenized compute instead? https://t.co/S3KS7KrjDR

[Mudith Uswatta @MudithU]

@am4rrt Halting data centers won't solve the real problem — who controls AI compute. Right now PE firms get 17.5% guaranteed returns while the public gets nothing. What if we let retail fund the AI race directly? Tokenized compute, $10/token on Solana. https://t.co/S3KS7KrjDR