Patryk

Director of Research @serotonin_hq • Prev: @MessariCrypto • Nomad 🌎

[Patryk @Solofunk]

https://t.co/WNXbD5Q4mH

[Patryk @Solofunk]

Pleasure chatting with @doctorfission of @FissionXYZ on Ep. 02 of Conviction. We discuss:

> The $10M Series A led by @PanteraCapital
> How Fission quotes instant liquidity for tokenized funds
> Private products like ARKVX by @ARKInvest & @Securitize for a diversified portfolio

[Serotonin @serotonin_hq]

Ep. 02 of Conviction with @Solofunk is live.

Our guest is @doctorfission, CEO & Co-Founder of @FissionXYZ.

His Conviction: The opportunity of tokenization lies in democratizing private markets, not public ones.

00:00 Introduction
00:53 Jonathan's Conviction
01:49 Private Market Problems
05:32 Fission Swap Walkthrough
07:38 The Upgrade to Legacy Fund Structures
09:46 Fission's Series A & Working Capital
11:29 How Does Fission Quote?
13:21 How Fission Enables Integration with DeFi
17:17 Liquidity Means Better Products
18:34 Private Products in Diversified Portfolios
23:06 Inevitability of Tokenized Private Markets

[Patryk @Solofunk]

@andyyy Latam >>

SEA is great though. Loved my time in Thailand last year, but the time zone difference SUCKS

[Patryk @Solofunk]

@mielke_jack Hi Wall-E

[Patryk @Solofunk]

@opmichael_eth @HoneyB_BTC @loancyborg Congrats Michael!

[Patryk @Solofunk]

@stablewinston @token_works @jackbutcher @Uniswap @opensea @fomo @OinkersRUs

[Patryk @Solofunk]

The market cap of $CREDITSTR by @token_works is now $2.7M, past its launch-day ATH of $2.5M.

@jackbutcher keeps cooking. A @Uniswap CCA auction for $BALANCE is ongoing. It will be Jack's first-ever token, tied to his Credits/Statements NFT collection. Launches tomorrow!

My initial entries on $CREDITSTR weren't great, but it feels good to have maintained conviction and let the thesis play out. This experiment has been sick. All its iterations have been so novel, plus the art is sick.

The flywheel is in full gear, and 43.4% of CREDITSTR supply has been burned, more than any @token_works strategy token! The mechanism @Rhynotic created was a perfect fit.

[Patryk @Solofunk]

Doubled down on $CREDITSTR by @token_works.

Market cap is $900k. Treasury holds $850k in ETH + $98k in Credit NFTs. Total value is $948k.

$CREDITSTR is trading at 0.95x NAV.

Can't help but feel this is underpriced. All Credits are now circulating. There is no more overhang. Floor price is ranging around a healthy $60.

CreditStrategy is actively cornering supply and is already the largest holder with 1.25% of all Credits.

Even if the floor drops, 89.6% of CreditStrategy's ETH remains to bid it. ETH runway is currently 7.2 days and should last until burning for Statements goes live next week.

Only a matter of time before floor price bottoms and the flywheel begins.

[Patryk @Solofunk]

@Rhynotic The token works!

https://t.co/MBNwra4sO8

[Patryk @Solofunk]

The market cap of $CREDITSTR by @token_works is now $2.7M, past its launch-day ATH of $2.5M.

@jackbutcher keeps cooking. A @Uniswap CCA auction for $BALANCE is ongoing. It will be Jack's first-ever token, tied to his Credits/Statements NFT collection. Launches tomorrow!

My initial entries on $CREDITSTR weren't great, but it feels good to have maintained conviction and let the thesis play out. This experiment has been sick. All its iterations have been so novel, plus the art is sick.

The flywheel is in full gear, and 43.4% of CREDITSTR supply has been burned, more than any @token_works strategy token! The mechanism @Rhynotic created was a perfect fit.

[Serotonin @serotonin_hq]

Tomorrow, @doctorfission from @FissionXYZ joins us for Ep. 02 of Conviction∎

[Patryk @Solofunk]

@ahbeaudry @TokenRelations @BlockchainatCU @StrataMedia_ Let’s goooo

[Patryk @Solofunk]

@Jonasoeth @redstone_defi @Brickken What are the top assets they’ve tokenized?

I didn’t see any during my research earlier this year. Are they on a private blockchain?

[Patryk @Solofunk]

@MSilb7 @Muse That’s fire

[Patryk @Solofunk]

@charcoded I need a network of people like you that sublease nice furnished homes in cool places

[Patryk @Solofunk]

@DidiTrading Wow 🖤

[Patryk @Solofunk]

@fergmolina 🤣

[Patryk @Solofunk]

This is the craziest piece of technology I’ve ever seen. It’s shocking.

We are in the future, and science fiction is becoming reality.

The rate of acceleration in tech in our lifetimes is unprecedented. I’m grateful to be living in this era.

Wen Mars?

[Tesla @Tesla]

Roadster event livestream https://t.co/G0jU4mWfid

[Patryk @Solofunk]

@elonmusk Holy shit

[Patryk @Solofunk]

@Rancune_eth Good post 🫡

Realizing all this now as I write some research on Securitize!

[Patryk @Solofunk]

@stablewinston @Blockworks @blockworksDAS @ajbanon Reach out to @0xkatienarain!

[Patryk @Solofunk]

For all my @Blockworks friends going to @blockworksDAS, you have to go!

Wish I could be there. Always a blast. Wonder what timepiece @ajbanon will pick this time 👀

[Serotonin @serotonin_hq]

Poker night is back. 🃏

Join us on 9 November at the Royal Horseguards Hotel in London to open @blockworksDAS week, co-hosted with @FlowTraders and @Blockworks.

120 players only. Limited seats. If you don’t play, come for the live jazz and immaculate conversation.

[Patryk @Solofunk]

@0xmryan @DraperDragon @Anchorage @FlowTraders @Taisu_Ventures @VesselVC @solayer_labs @2SquareCapital @Bering_Waters @solanalabs Congrats!

[Patryk @Solofunk]

@0xMakima_ @Neutrl @NexusMutual Wow