Proud early backers of @overdotcomputer. What they’ve built so far is just the beginning!
We're stoked to see them open up this curated raise, check it out below! 🚀
Thanks for asking. We don't pretend to fix B book here and so every desk is simulated at launch.
What we change is the shape of risk where traders pay a daily funding rate instead of upfront fee. Cheaper to try for you and our firm wants to see you continue trading instead of killing your account on your second day.
We plan to roll out more challenge types over time, proportional to our reserves. Always open to feedback! Happy to chat and hear what frustrates you most about prop trading.
prop firms make billions from traders who own 0% of the business they’re helping build.
that’s the part Over is trying to change.
traders pay fees, generate revenue, bring other traders, and help grow the platform. historically, their only upside is their own PnL.
now imagine your trading activity also earns you ownership in the business.
if this works, traders might start choosing prop firms based on how much of the upside they get to keep, not just how much capital they’re offered.
i’m surprised crypto hasn’t experimented with this more.
Introducing https://t.co/8df66qL3zL
Rethinking prop firm incentive, we earn as you keep trading. Now you can own part of the platform too.
Join our curated raise with @MetaDAOProject on Thursday, 29 october. Open to all traders.
Today on MCG
$OVER | @overdotcomputer w/@lililashka
Overdotcomputer is an on-chain prop firm for tokenized stocks and crypto where traders pay per day instead of upfront
Highlights include:
01:07 – Lili’s background
03:02 – Prop trading explained
03:34 – Pivot: first product was wrong
04:26 – CAC math behind the pivot
05:54 – Fix: pay per day
06:11 – Die early cheaper, payout rises over time
07:45 – Plan to open up the house
08:44 – How a challenge works
10:26 – First 7 days cost ~60% of an instant prop
12:07 – GTM: @MetaDAOProject co-ownership
15:12 – $19M run rate benchmark
16:20 – Agents and inference markup
19:54 – Raise: sub-$1M FDV
20:51 – Raise range $250 - 350K
21:32 – Use of funds
22:23 – Investors: Komorebi Collective
24:14 – Profits back to treasury
27:03 – Competitors
30:35 - Metadao launch on Thursday
31:18 - Closing takes