Google $GOOGL invested $900M into SpaceX back in 2015 as part of a $1B funding round with Fidelity, securing ~7.5% ownership
SpaceX was valued at ~$10B-$12B when Google invested
SpaceX is now going public at a valuation of ~$1.75 Trillion
Google doesnt still own ~7% of due to dilution but ...
7.5% of the SpaceX IPO is worth
$131.25 Billion
Meridian's x402 payments are unique because it has the ability to support cross-chain payments, as well as ones that are multi-token. This means that other forms of payment are accepted. No other x402 implementation has this or cash-back.
$MRDN has been able to accomplish this by integrating Across intent based bridging functionality. We are in our final stages before deploying to mainnet the contracts.
The "x402 meta" isn't just a capital rotation event. It's actually modernization of an old http protocol that is now updated for a post-AI world. The amount of Internet traffic that can now be monetized through pay-walling data is a big reason why organizations like cloudflare are interested in the topic.
I have thought deeply about this topic for quite some time now and every time I come to the same conclusion about the future of agentic commerce. The economic design is just as important as the features created. Incentives drive everything. No other x402 system offers what $MRDN does in terms of understanding fundamentally how incentives work.
You will see a lot of flashy things, but you need to ask yourself, "why should an AI agent use this?" A smart agent will use the system that offers the most rewards and features. Meridian's cashback on an exponential decay function gives rewards for transactions. I believe this will drive real volume for usage when our B.Y.O.A. (Bring Your Own Agent) system goes live with across-chain tx / multi-token functionality.
No other x402 implementation has such functionality.
The 1% processing fee will also build the treasury as the cashback rate decays. Eventually, the cashback rate will drop below the processing fee. Collected fees can be used for perpetual buybacks over time.
A smart agent will pay a fee, but they will also earn great rewards. There is no other way to sustain such a system. The "free gas" approach is not something that can scale out when the edge of AI hits critical mass and agents are transacting trillions of dollars on chain. No organization can subsidize such a thing .
In time it will make more sense.
Lululemon $LULU just reported earnings
EPS of $3.10 beating expectations of $2.90🟢
Revenue of $2.52B missing expectations of $2.54B🔴
Lululemon lowered its FY2025:
- GAAP EPS Guidance from $14.58-$14.78 to $12.77-$12.97 below expectations of $14.52🔴
- Sales Guidance from $11.15B-$11.30B to $10.85B-$11.00B below expectations of $11.2B Est🔴
@0xKiriKev@feindura Lukso is a tech product in nature. Social movement is nice but it needs to be correlated with product. The token has been in decline for years and the development of new features is constantly delayed. Patience is key, that's true. Execution should be more