And remember: good things take time and require significant sacrifice; nothing worth having comes easy. Put in the hours when no one else wants to. Grind and plant your seeds during the quiescence so that you may harvest them during the inevitable euphoria. GL.
apps like Hyperliquid have 3x more users on their own frontend vs builder codes
look forward to a world where the latter users outnumber the native frontend by an order of magnitude
on iota (sn 9):
iota = core infrastructure for the future of distributed ai training. you don't get to train a competitive decentralized model over the open internet if you cannot orchestrate compute across the world in the cheapest way and with the highest MFU performance. that’s the thesis
they’ve already shown early signs that they’re able to train at the lowest cost/FLOP ever in both centralized and decentralized setting. I operate under Bayesian principles, so I’ve been buying more iota as the results they’ve demonstrated increase the probability that the thesis plays out
for context, iota’s 100B model is trained using single A100s at a cost of $1.4 per hour/participant using spot instances. The previous large decentralized training run (sn 3) was a 70B model and used 8xB200 at $50 per hour
the market is currently pricing iota at $45M next 12 months adjusted valuation
Just orchestrated a 128 node permissionless decentralized training run, in 5 minutes, for 5 TAO, via @IOTA_SN9
They can do this up to 100B param models.
Unbelievable.
https://t.co/hJGZ6O5NrU
"Warren and I do more reading and thinking and less doing than most people in business. We do that because we like that kind of a life. But we've turned that quirk into a positive outcome for ourselves. We both insist on a lot of time being available almost every day to just sit and think. That is very uncommon in American business. We read and think."
The majority of crypto tokens are an ouroboros: their “value” is generated entirely from within the crypto ecosystem itself.
While weathering these crypto doldrums, one should focus on identifying & positioning into tokens that derive their value from beyond our crypto bubble.