I'm not going to be buying an ETH futures ETFs but if I was I'd only buy VanEck's one.
The fact that they are donating 10% of profits for 10 years to @ProtocolGuild is based as hell and an amazing marketing strategy to capture the Ethereum-native crowd.
🌐 Excited to dive into the world of #Web3! 🚀 Decentralized applications, blockchain, and the future of the internet are all on my radar. Let's explore this exciting journey together! 💡 #Web3Enthusiast#Blockchain#Crypto#Decentralization
One must be careful not to be blinded by the permabear argument of no net new money flows into alts, lest they wish to miss the outsized returns of non-bull market rallies
The only requirement for these rallies is that demand exceeds supply for a multiweek period
July 2022 & Jan 2023 saw many large/mid caps become multibaggers. And even with net outflows out of crypto, some coins still trade at prices higher than the pre-rally levels
Don't underestimate the impact of sidelined capital
The Chainlink episode is here, w/ @SergeyNazarov@chainlink aims to become the interoperability layer between all of TradFi and DeFi, acting as a gateway between onchain and offchain data
Let's explore that vision 👇
1/ Summary of my recent conversation with many Web3 founders:
> Raised in late 2021 or early 2022
> Missed revenue forecasts
> Significant cost cutting done
> Have demonstrated some product market fit, but users not willing to pay much
> Running out of cash in a matter of months