Biggest question on my mind right now:
Investors always say why can’t a dominant player in the market with massive market share, do what your company is planning to do? E.G. You change a feature of general product to optimise it.
How would you defend such a statement?
Conservative pro-crypto candidate Yoon Suk Yeol wins South Korea presidential election
“Regulations that are far from reality and unreasonable must be overhauled in order to realize the unlimited potential of the virtual asset market.”
https://t.co/zHy9QRivqe
2) NOT FINANCIAL ADVICE
And more importantly, there might be war. That's really bad for the world. Fuck all this price stuff. Go outside and do something nice for someone.
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Seriously, do something nice. The world could use it.
I'll wait.
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Never had a doubt about this, this team can deliver! 81,000+ KYCed GARI wallets activated (top 10 project on Solana in 1 week of launch) , ~$1B FDV , 37% gainer when BTC and all other cryptos are bleeding.
We always aim to be better as an industry but the whole narrative that crypto is a favourite vehicle for money laundering, tax evasion, and terrorist financing should really be put to rest now when we have this fact
https://t.co/bWUB8CxGtj
$GARI is so underrated right now. Peaking 1st on the India App Store, and making it’s way to other southeast Asian countries. 7th on Indonesia App Store. With the recent integration of Gari tokens into it’s TikTok like app, it’s one the novel social finance protocols right now
Revenue per employee of DeFi platforms vs. TradFi companies:
– Uniswap: ~ $40m
– NYSE: ~ $1m
– Compound: ~ $22m
– Bank of America: ~ $4m
10x efficiency improvements will make it impossible for TradFi to compete with DeFi.
Source: @ARKInvest
Have you been sleeping on India, anon?
Crypto in India grew 641% July ‘20 - June ‘21, far outpacing growth elsewhere
Let’s talk about 5 of the biggest and most interesting web3 companies from India, a thread 🧵
If you take a look at the tickers down the worst, they’re mostly in the ‘I can’t believe their FDV’ bucket about a year ago. Guess FDVs ain’t just a meme eh?
gauging market sentiment: some tools we use:
1. Look at funding rates using https://t.co/l51endZhLP
They help you understand positioning in the leveraged markets. Funding rates below 0.01% are bullish (green). Funding rates above 0.01% are bearish (red)