One area of crypto mkt structure that seems very opaque and weird to me still is market maker <> token issuer / foundation relationships. I would guess this is responsible for a lot more issues than it gets credit for.
Feels like in the last year there have been several "our market maker fucked us" stories that just disappear and nobody ever knows what actually happened.
About a month ago, some token crashed like 90% and then the founder wrote some long thread saying "wintermute did it to us" and then nothing happened.
Am surprised there is no solution for this yet: maybe founders should have to publish/disclose the terms of their MM deals, CEXs can formalise some standards which bar listings, or maybe there is some other solution that ppl smarter than me can invent.
I guess you want (1) token buyers have info symmetry on the incentive structure of the MM deal and (2) founders dont keep getting scammed by dodgy MMs or nonstandard agreements.
Pic related.
Man some of the tech in AI crypto is mind boggling.
I don’t go into hyper detail in my vids, but go look into some of my mentions like @atorprotocol , @DestraNetwork , @ZKMLsystems.
They are earth shaking in terms of AI/mining/privacy management. Could all easily hit market caps 20-30x their current size from here.
if huberman has time to date six women and do his pod and do his stanford lab thing and do all his "protocols" like cold showering and such, you definitely have time to respond to my email
Mentioned Opsec for the first time in the .70s. Things an absolute monster.
Ai coins are moving up for their next leg.
Aioz, PaaL, 0x0, node ai, ator, zkml, kondux, destra
saylor is an animal
dude is looking at a literal +6,500,000,000 PnL on his phone
goes and raises an oversibscribed round again for $800M
30mins later hits market buy for another 12,000 BTC
then jumps on a podcast shouting some crazy philosophical analogy of what it feels like
Microstrategy up 17,58% today, 4% away from all-time-highs
everyone got liquidated, but him.
live enough to see your top buys becoming the bottom
one chair, commendable diamond hands
>on ct: "sit on your one chair and enjoy the ride without overclicking buttons"
>in the orderbooks: * apes every new local high only for a higher high soon after *
it's getting quite thin up here
wouldn't be surprised by some discovery of price in the next 48hrs
While my friends were out partying, I studied the blockchain
While they had sex, I peer-reviewed whitepapers
While they went on vacation, I increased transactions per second
And now that ETH is on fire and manlets are at the gates, you have the audacity to come to me for help?
I pledge to withdraw from the Colorado GOP primary ballot until Trump is also allowed to be on the ballot, and I demand that Ron DeSantis, Chris Christie, and Nikki Haley do the same immediately - or else they are tacitly endorsing this illegal maneuver which will have disastrous consequences for our country.