Bobby

[Pop Punk 🇺🇸 @PopPunkOnChain]

We've been taking calls every day with high volume sports betters, traders, prediction market users, and market makers ahead of our launch.

We're explaining @CadeMarket to them and asking them what they like, don't like, and what's missing from other platforms that they'd like to see on Cade.

It's extremely important to build what users want, not what you *think* they want.

If you fit the above criteria, please DM me and myself and the team would be happy to schedule some time to chat.

[Pop Punk 🇺🇸 @PopPunkOnChain]

Sounds very @CadeMarket coded

Cade maximizes dopamine while watching sports, even without predicting and simply using it as a companion app.

Our fast intra-game live markets can provide you with complete game loops, over and over, with the ability to recycle capital endlessly

[Pop Punk 🇺🇸 @PopPunkOnChain]

Thoughts on building a company alongside a token that already exists, coming from someone that did exactly this with @CadeMarket:

I want to start off by saying that in my opinion, 99.9% of founders should NOT fair launch a token to bootstrap the company. We have seen way too many cases of founders with the inability to scale a business whilst treating their holders with respect. For the 0.1% of founders that want to do this, study how I built @CadeMarket, and how @ConejoCapital built @clawpumptech. I'm sure there's more examples, but these come to mind first.

This post should not serve as encouragement for you to go out and launch a token immediately. The goal of this is to almost serve as a warning, and tell you what you can expect by bootstrapping your business with a token.

1. The playbook is entirely different than starting a company in a traditional manner.

2. It most certainly is NOT for every founder.

3. It is substantially harder to scale into a venture backed business, but it *IS* possible.

4. Your early token holders should be held to an extremely high regard. These people allow you to bootstrap your business via trading fees. For me, this was a little over $100,000 from my token's Pump Fun creator fees. This money should be used to support you as you build your MVP and explore product market fit.

5. You have to give people a reason to trust you through continuous communication and explanations of how the token fits into your product. Your product needs to built around the token, not the other way around. You should not treat the token as a memecoin.

6. In many cases, creating a venture backed business is not your original goal. This was the case for me. The token was launched for a side project, but eventually the side project became my sole focus.

7. You will have a significantly harder time fundraising. There's no way around this. It's very non-traditional for VCs to have a token already trading in the open market. This is ultimately a problem that you NEED to deal with. You decided to launch a token. It's on YOU to deal with it, not your community.

8. You will have VCs that may love the product but pass on investing purely because of the live token.

9. You will have VCs that are willing to write a check if you abandon the token. This was VERY common for me. My pre-seed round could have been closed within a week had I listened to them and abandoned the token. Instead, it took 6 months.

10. Launching a new token is *NOT* the end of the world, contrary to the reactions you're seeing from CT regarding Percalator. If you do launch a new token, you need to take care of your holders though. You should have a migration plan that favors them. They supported you early, they deserve a very generous allocation of the new token.

11. After raising venture capital, you can not abandon your holders. If you fair launched a Pump Fun token, like I did, you should consider doing an ACE round (from @MetaLeX_Labs). This allows you to offer token holders the option to swap tokens for equity via SAFE. The same equity that your venture investors have. In the case of Cade, I had 1.5% of the supply at launch. I wanted it to be truly fair launched and community owned. By doing ACE, I was able to accumulate some of the supply for the company.

[Pop Punk 🇺🇸 @PopPunkOnChain]

🤭

[Pop Punk 🇺🇸 @PopPunkOnChain]

So the Percolator team just rugged all of their early supporters.

Normally I wouldn’t post about something like this, but this situation bothers me, given the lengths I traveled to in order to raise for @CadeMarket while protecting the holders of my token.

If you launch a token and collect trading fees to bootstrap your company, abandoning that token in order to raise capital is a lazy and selfish move.

With Cade, the first fundraising round took SIX months. Without our token, it would have taken a week. But I refused to kill the token and fuck over the people that supported me early and made everything possible.

Not only did I make my life miserable and raise capital in a 100x harder way, I even gave token holders the ability to swap the token for equity via SAFE in the company. The same equity that the venture investors were after.

The irony of the Percolator situation is especially funny, given they are raising on a platform that is designed to favor token holders rights, while literally kicking the holders of the original token in the teeth.

[Pop Punk 🇺🇸 @PopPunkOnChain]

The amount of research we've put into historical and real-time NFL event data to determine which markets to offer is honestly insane.

@CadeMarket is far more sophisticated than meets the eye.

Quant shit.

[Scotty @scottybmitch]

We have always been ahead of the curve from a product and engineering standpoint but we have discussed extensively what we are doing in response to all the recent hacks destroying crypto trust.

The design and architecture is thoughtful to minimize tvl exposure while staying true to crypto roots.

Cade is consumer crypto.

[gnar @gnarzilla]

The team has spent a long time thoughtfully designing our systems to be as performant as possible and providing the most seamless user experience that feels like a traditional app. Consumers come to expect something that is fast, responsive and feels “right”.

With this infrastructure switch we will be able to have significantly faster settlements, higher throughput and an overall user experience that everyone will enjoy.

We can keep the transparency of the blockchain for inflows, outflows, fees and the value engine with this while still having a world class execution and lowering the potential attack surface. With this design we now have an extremely focused area where we can build protections that can build trust and transparency over time, something I’m extremely passionate about.

“Put all your eggs in one basket and watch that basket very closely” is usually attributed to investment strategies, but it is especially true in financial applications in the new world post-AI.

[Steve @steoniy]

Moving more of Cade’s core market actions offchain gives us the speed and flexibility to build a truly realtime product

That means predictions can process almost instantly, markets can handle more activity and we have more freedom to create new market experiences without being limited by onchain processing

[Pop Punk 🇺🇸 @PopPunkOnChain]

solana:Eg2ymQ2aQqjMcibnmTt8erC6Tvk9PVpJZCxvVPJz2agu launched a year ago and has sustained > $10M market cap.

They don’t want you to know this but you can just avoid bundled KOL slop.

[Pop Punk 🇺🇸 @PopPunkOnChain]

duo cade

[Pop Punk 🇺🇸 @PopPunkOnChain]

10x more convicted in Cade today than I was yesterday.

Myself and the team were able to show our mobile app and explain our edge to industry leaders that I never in a million years expected to have a chance to talk to.

I don't think anyone understands the level our team is on.

[Pop Punk 🇺🇸 @PopPunkOnChain]

The only 2 apps you need

[Pop Punk 🇺🇸 @PopPunkOnChain]

I'm done calling @CadeMarket a prediction market.

It's so much better than that.

It is the most fun and rewarding place to have an opinion.

[Pop Punk 🇺🇸 @PopPunkOnChain]

I think we solved it.

@gnarzilla is a one in a million CTO.

Quite sure the Cade team can do anything.

[Pop Punk 🇺🇸 @PopPunkOnChain]

We're exploring ways to let users cash out before markets resolve on @CadeMarket.

This could create a significant advantage for convicted users who predict early, giving them more flexibility to lock in profits before the market ends.

This adds a whole new layer to the game.

[Kosgood @kosgoood]

cade morning

[Pop Punk 🇺🇸 @PopPunkOnChain]

I've showed a number of people the @CadeMarket mobile app in the last few days.

People that are both outside of crypto and are not a regular gambler.

I've asked them to explain to me exactly how it works upon first look and they all can do it. They get it immediately.

Achieving this has been one of the most important things that our team has done, as is absolutely critical for building a consumer application.

Being able to hide a complex protocol and mechanics and have it appear as something that is immediately understandable for an every day user is how Cade wins.

It's a prediction market that looks nothing like a prediction market. It's a sportsbook that looks nothing like a sportsbook.

This exponentially multiplies the TAM for an app like ours. An every day average person does not understand how share pricing works, nor do they understand how a money line or player props work.

The sheer number of people that want to do something as simple as turning $10 into $20 in a few minutes is big. This definitely is possible with memecoins, but it's vastly harder. Memecoins ultimately are a "solved" game. It's industrialized via the amount of programmatic launches that bundle a token and then dump it. For an every day user, or a first time trader, it's impossible to know if you've bought into one of these tokens. On Cade however, nobody can manipulate the outcome of a market like this. You make your decision, and it plays out.

What this means is that everyone from a sophisticated trader to a professional sports better to your mom or dad can easily understand how to use Cade.

The downstream effect of this is that via the Value Engine in our tokenomics, the potential number of users that can drive value to the PUMPCADE token is astronomical. And the best part is, they do not have to know they are doing so.

The end goal for Cade is to be the most fun place to have an opinion, and I believe our team is on the correct path to doing so.

Cade on.

[Pop Punk 🇺🇸 @PopPunkOnChain]

The @CadeMarket mobile app is crack in your pocket.