Astronaut Capital

Cryptocurrency Asset Management and Research. Writing occasionally

[Matt D @mjdibb]

We’ve just issued some new research on ChainLink $link that we have been writing since pre the recent pump

It’s quite a process in trying to come up with a suitable valuation framework for such a huge project that hasn’t really focused on the monetization aspect yet

Check it out and see if you agree

[Picolo Research @picoloresearch]

We are pleased to release a new research report on @chainlink

Skip to the end for the full report.

[Picolo Research @picoloresearch]

We are pleased to release our first research report in hot minute, this time on @synthetix.

Skip to the end for the full report.

[Astronaut Capital @astronautcap]

email admin[@]https://t.co/5MhcO1cnaN with CV and any examples of work if you wish to apply

[Astronaut Capital @astronautcap]

We are currently hiring for two remote positions:

1) On-chain analyst with deep experience of Nansen. 
2) Crypto analyst capable of assisting in the preparation of research reports (min exp 2 years)

[PowerTrade @PowerTradeHQ]

📢 Update: October 2022, $91M in Volume

⚡️It’s been a record month of trading volume at PowerTrade with volumes up 42% over last month at $91M

[Laevitas @laevitas1]

We're happy to announce the launch of our new UI. Big thanks to all of you who have helped us with feedback and feature ideas!

https://t.co/7VGv38wLht

[Laevitas @laevitas1]

This feature was requested by a lot of you. Futures charts will no longer be limited to BTC & ETH on the new UI.

[Zaheer @zaheerebtikar]

Crypto risk management is the biggest oxymoron.

There’s a plethora of absurd assumptions we make everyday to operate in crypto and most people (myself included) don’t account for these tails appropriately.

Then again some of them are the foundations of the games we play.

[dart @poordart]

@chamath Haha omg we just used Dall-E AI too

We described "scummy VC bro with broken moral compass"

This is what it came back with...

[Forbes @Forbes]

A recent survey by Forbes of 65 of the world’s wealthiest people revealed that nearly 30% are either directly or indirectly invested in cryptocurrencies, a rate that is higher than among non-billionaire investors. https://t.co/7rcYn20WWd

[Laevitas @laevitas1]

We're excited to announce our seed raise co-led by Three Arrows Capital and @DeFianceCapital.

We would like to express our sincere gratitude to our investors, partners and community who have supported us since day 1!
https://t.co/SAoxcuYdT8

[sam.frax @samkazemian]

Safety & stability are most important when things are bad, not when things are good. Stay safe everyone. 🙏

[Joanna Ossinger @ossingerj]

My chat with the ever-thoughtful @zhusu about Three Arrows, his best investments, life philosophy and more https://t.co/M51bHcdNnU via @markets @crypto

[Laevitas @laevitas1]

On today's update we launched our V1 options pricer for BTC, ETH and BCH. Using this calculator you can price a hypothetical options portfolio, view the greeks (both BS & smile greeks), P/L chart and comparative pricing on exchanges.
Link: https://t.co/EAGysBgwVy

[Laevitas @laevitas1]

Happy to share our first piece of analysis to close the year. Expect more of these in 2022!
https://t.co/zZ3SOPCeJI

[Astronaut Capital @astronautcap]

A beautifully written letter to LP's on the state of the market (trad-VC specific)

This is a sobering reminder of where global markets currently are and emphasizes the need to tread caution amongst the frenzy

“Valuations have risen, diligence has fallen and excess is in excess“

[Josh Wolfe @wolfejosh]

1/ Releasing a redacted Lux quarterly letter to LPs.

Some strong views of
-a catalog of an excess of excesses
-what catalysts cause the current market frenzy to end
(preview: LP indigestion)
-what we are advising our Lux family companies
-much more…

[Astronaut Capital @astronautcap]

Brilliant ep unpacking absolute and relative valuation frameworks, and how they continue to morph as new sectors are created

There is herd mentality in valuing anything. If enough people believe, it is true, until such a time that it is not.. and thus new frameworks emerge again

[Zhu Su @zhusu]

New Uncommon Core episode is out

We discuss the search for valuation frameworks in crypto and I posit some thoughts, possibly unsettling, in favor of the notion that all attempts at valuation are themselves intersubjective and narrative-driven

https://t.co/7sDgNXz60I

[Astronaut Capital @astronautcap]

@laevitas1

[Zhu Su @zhusu]

The best-kept secret in trading is that far more money has been made buying new highs than any other type of strategy, and it's not even close