DWF Ventures

Investing in founders pushing frontiers for the future of Web3 | NFA & DYOR

[DWF Ventures @DWFVentures]

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[DWF Ventures @DWFVentures]

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[DWF Ventures @DWFVentures]

While propAMMs have gradually grown in volume share due to better quotes and tighter spreads, there are still areas that traditional AMMs like PumpSwap excel in.

One of which is their support for permissionless listings and long-tail assets. Custom pairs only take this one step further.

We discuss both models in greater detail in an upcoming article, so keep your notifications on!

[Pump.fun @Pumpfun]

Introducing Custom Pairs

Launch Pumpfun tokens paired with tokenized stocks, majors & more on Solana.

Launch with more variety, deeper liquidity & lower fees than anywhere else.

[DWF Ventures @DWFVentures]

Weekly trading volume on @fomo just hit an ATH, thanks to the explosion of new tokens on Robinhood Chain.

With notable traders climbing the leaderboards, the flywheel on Fomo is only growing stronger and stronger.

Read more on how this affects the landscape of trading below!

[DWF Ventures @DWFVentures]

https://t.co/iYMxnMvtP2

[DWF Ventures @DWFVentures]

@VitaDiLuca It does skew the incentives a bit since traders can receive quite hefty affiliate fees from users hopping onto their calls.

This is why it’s important for users to be aware of what they are getting into when using these platforms.

[DWF Ventures @DWFVentures]

https://t.co/iYMxnMvtP2

[DWF Ventures @DWFVentures]

@patrickthedaddy We think that social trading platforms could actually enforce some sort of exclusivity with top traders since they bring in a lot of copied volume which translates into revenue.

Or there could be some other mechanism where traders can “prove” their past performances.

[DWF Ventures @DWFVentures]

@medusaeth0x Agree! Think platforms will start to integrate historical performance as benchmark or traders can “prove” their past performances with some sort of verification system

[DWF Ventures @DWFVentures]

@HassnHh30961 @entropyIO You’re right, thanks for flagging!

[DWF Ventures @DWFVentures]

The Pre-IPO arena is heating up.

@entropyIO just launched pre-IPO markets for Anthropic and Unitree and has seen over $28m in OI in just a day.

We cover the details on these markets and the underlying mechanisms below!

[DWF Ventures @DWFVentures]

https://t.co/Y8LPWR4MmA

[DWF Ventures @DWFVentures]

The gap between trading and entertainment is decreasing rapidly.

From achieving social validation to potential financial rewards, social trading apps are able to retain users through fast feedback loops and a gamified experience.

We cover more details in an article we are publishing this week! 👀

[Kai @kai_xbt]

Threadguy explains why on-chain trading is more addicting than any social media app

"I just watched Martin Shkreli log on to Pumpfun. He had a million dollars in Martin coin sitting there waiting for him, then he called his cat, watched the cat go 50x in 15 seconds, and vamped his own cat under a different name, all in 5 minutes. Watching this live it's just so obvious why people are going to trade on-chain. It's so addicting, especially if you're a big name. You log on, you're new to it, and there's $500k sitting in a coin waiting for you. Is it good, is it bad, what does it mean? I don't even have a take, but it's the most addicting thing there is."

"These are the most addicting social media apps in the world. It's more addicting than Twitter, more addicting than Instagram. Seeing what your friends are financially speculating on is the stickiest act in all of social media. Watching people make and lose money in real time, it's so sticky. It looks like a scam, it ends in ruin every time, of course, but the apps are unbelievably sticky."

[DWF Ventures @DWFVentures]

7/

If you liked this thread, check out our full article on the topic below.

[DWF Ventures @DWFVentures]

https://t.co/RSALPj9AIX

[DWF Ventures @DWFVentures]

Over $2.2b has been spent opening on-chain gachas to date, with close to 80% of this number coming in the 12 months alone.

How much of this growth is structural and how much is TCG hype-driven?

[DWF Ventures @DWFVentures]

6/ Conclusion

Gachas have not just found real PMF onchain, but are redefining the collectibles market as a whole.

Whether or not this growth sustains, will come down to whether platforms can continue to pitch their value proposition to traditional collectors and onboard them at scale.

[DWF Ventures @DWFVentures]

https://t.co/RSALPj9AIX

[DWF Ventures @DWFVentures]

https://t.co/RSALPj9AIX

[DWF Ventures @DWFVentures]

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