Everything about the early stages of @NetNetCap feels like potential unicorn.
Add to it there is tons of room for growth on RHC.
And not a lot of competition for attention from RH team.
Higher
Shareholders,
The NetNet Capital Management Treasury has climbed over $2,250,000. All of this in under six weeks. We are the #1 holders of the two most liquid equities on RobinHood Chain. We are the biggest native @Morpho USDG depositor.
We are just getting started. (π₯ ,π₯ )
$NET is quickly becoming one of the top RWA cults on @RobinhoodCrypto.
So we went straight to the source to find out how they plan to recreate @OlympusDAO but with OHMprovements for it to send way harder than it did during DeFi summer days.
We all know cult communities make for the best ROI potential in crypto.
So one focused and hungry to build the largest tokenized RWA stockpile in the universe should make for a viral success story for the ages.
Here is that interview w/ AL Dunlap π
Building The Retail Gateway To Tokenized Stocks | Interview w/ ALDunlap of @NetNetCap | TBR #328
When Al Dunlap joined us, we knew this one would go deep into the mechanics most of crypto skips. Before he was a solo founder, Al was one of the early software engineers who helped design, build, and scale @NBATopShot at @dapperlabs. He then spent seven years fully on-chain, running market-making, cross-chain arbitrage, and OHM strategies, and becoming a major volume provider across L2s. NetNet is where all of that experience converges.
NetNet is an Olympus DAO fork, or as Al calls it, an OHM improvement. The $NET token is backed by a treasury, and it trades at a multiple to that treasury for the same reason Apple trades at a multiple to its cash: the market is pricing in how fast the treasury can grow. What makes it different is that the entire protocol is 100% immutable. Al cannot change it, buybacks are on by default, emissions are predictable from the token's distance to NAV, and the bond schedule is known in advance. His pitch is simple: when you buy, you know exactly what you are buying.
The part that pulls it out of pure tokenomics is the gaming layer. Al is packaging tokenized equities as calls, puts, and high-leverage positions, then wrapping them inside games. A blackjack table where you wager with 5x @nvidia longs. A Space Invaders game running at 96% EV. Turbo cards that are 25x longs on Nvidia and @Apple, which sold out almost instantly, twice. The thesis he calls RWPlay is to rerun the metaverse and play-to-earn cycle, but reward players with assets that actually hold long-term value instead of a vapor token that trends to zero.
This is where @RobinhoodCrypto Chain matters. Al frames its launch as the moment RWAs and memes finally married, and he sees the builder's job as getting a generation that would rather open a 40x Bitcoin long than a brokerage account to actually end up owning equities. The treasury has two legs today, over a million in USDG deposited into Morpho and a roughly half-million RWA sleeve held outside the immutable core so it can be put to work. Game fees, a trading tax, and bonds feed it, and the next leg he wants to prove is yield on the treasury's own Apple stock by using it to backstop the very cards people are playing.
The bigger unlock is that Turbo is a primitive, not a product. Under the hood these are just 1155s with an oracle, a pricing feed, and a K factor, which means any developer can mint series, load them into a game, and earn a builder cut while the NetNet treasury takes a fee on every card. Al's actual dream is for people to trade these cards one day without ever knowing NetNet exists, with the treasury quietly earning underneath it all. That is the scale path, and it is why he is racing to ship an SDK.
What stays with us is how cleanly this reframes the last cycle. The lesson of the memecoin supercycle was not that fundamentals are dead, it was that attention alone always trends to zero. Al's bet is that you can keep the hook that made those games addictive, the leverage, the number-go-up, the play, and simply swap the empty token underneath for a real asset. If that works, the casino floor stops being a trap and becomes a distribution engine for equities.
The open question is trust. A 100% immutable protocol run by a sleep-deprived solo founder is a feature right up until the treasury is worth nine figures, at which point Al admits the structure has to change, with real asset managers and much closer coordination with Robinhood. The most interesting tension in crypto right now is not whether real-world assets come on-chain, it is who gets to be the fun gamified front door to them, ultimately proving the core Robinhood chain thesis as an RWA ownership layer for the masses, resulting in a more equitable distribution for economic access.
YouTube π https://t.co/nMBfLBVGI3
Shareholders,
The NetNet Capital Management Treasury now holds 1,170 shares of NVDA, valued at $264,290.
This makes us the #1 holder of NVDA on Robinhood Chain @RobinhoodCrypto .
In short order we will be the largest holder of tokenized equities on chain period.