“The wisdom of man, in my humble opinion, cannot at this time devise a plan by which the credit of paper money would be long supported”- George Washington
You will continue to WASTE your time in this space unless you change your perspective.
1. Start thinking in terms of narratives and attention instead of technology or community.
2. Start thinking in terms of human behavior instead of labels CT assigns to the flow of liquidity. (Alt season, etc.)
Once you make this shift, all you need to do is develop leverage & you’ll get there even faster.
Time is the only currency you don’t want to waste.
There has never been a better time to build in crypto.
The niches that have survived everything we’ve been through & are thriving is proof of longevity enough for ANYONE to take the risk.
The difficulty is extreme.
So is the upside.
(BTW you should find and subscribe to my YT)
The UX in RWA currently with the lack of niching down is going to be the cause of failure for 99% of these platforms.
People are not interested in some bland RWA in the middle of nowhere.
There is such a thing as too early.
This is coming from someone who's deep into building a platform.
There's no one way to do it.
Yes, this is a second chance to change our lives for good.
That being said, you have to learn from your mistakes.
Everyone has different advantages.
Some people have consistent income they can afford to moon or dust, some have a vast network, some are developers.
There is no one way to do it.
A mistake people often make is trying to get good at someone's else version of the game.
Lean into your own advantage.
This one is gonna be fun.
On MAX ABSTRACTION, we're talking to @jpegirl171, Founder of @gacha_game_!
- Scratching off hundreds of cards
- Talking about Gacha
- What's the new alpha
AND GIVING AWAY FREE CARDS TO VIEWERS!
TONIGHT AT 9PM EST. LIVE ON @AbstractChain.
Billions lost in 60 minutes.
I called $OM token from $1B - $7B
At $7B I explained how they’re having OTC deals, called it overvalued AF & that marked the top.
I have empathy for individuals who have suffered from this: Understand how the game works, only then can you be safe and win. Naivety in an industry that’s this old isn’t a valid excuse.
That being said, I respect legitimate competition, especially since the TAM is big enough for everyone. I do not respect corrupt players in a niche that is supposed to decentralize (to an extent) and provide control to the populace over their RWA.
May such players continue to fall, and then stay dead.
What To Look For:
- Revenue.
- Users.
- Impact.
The future of RWA is bright.
-ak
I’m very bullish.
On myself, the team and what we’re building.
0 changes in the plan or speed.
For other plans, it in fact has improved everything overall, I say this after a lengthy discussion with the team.
If you do not feel a surge of excitement and enthusiasm, you really need to look at what you’ve done the past year.
Once you do, you’ll know the steps you have to take to ensure a few months from now you’ll be in a position that’s 1000X better off than your current one.
No one talks about this…
The BEST WAY to research long term investments in crypto is to build.
As you’re building, you’ll encounter projects and companies in your path that you cannot proceed without leveraging or using.
Through this, you realize their importance and understand their impact.
Bet on useful tools and shovels.
Invested Into 14 Seed Rounds, Here's What I learned ⬇️:
Out of these 14, 3 are pending TGE's.
Most have been unprofitable.
1) Delayed TGE's:
I don't mind this, because, I am aware of the reasons behind some and why it makes sense, that being said, it's important to accept that some may never happen.
2) Unprofitable TGE's:
It was a choice we made, no one put a gun to our heads. Accept responsibility for the unprofitable ones like you do for the profitable ones.
3) My Thoughts On This Moving Forward:
In my personal experience, investing into infrastructure has the highest chance of providing return. (AKA tools and shovels)
The nature of this space has drastically revealed itself since the time these these raises were conducted, a lot of you reading this may not like PumpFun, the reality is, no one cares about what's being built, people are only interested in one thing: Money
A lot of founders have completely refused to acknowledge this blatantly obvious truth - these are the bubbles that will be the death of your long term goals in this space, be blind to reality and you will suffer.
"The Old Times" may never come back, this is a possible reality that both people constantly worrying about TGE's or still stuck in 2021 NFT days should accept.
The only reliable skill you should focus on developing in crypto is adapting to what each cycle brings.
This is the sole principle that is common amongst the most successful people in my circle, people at mid 8 figures to 9 figures of NW & people who are important advisors to what I’m building next.
The better and faster you get at this, the earlier you'll realize your mistakes, lean into your strengths and make the most out of it - relative to yourself alone.
You can either waste this down trend we've had, or you can use it to get ahead of where you were in the past, the market will return with or without you.
One last nugget: The next cycle’s millionaires are quietly stacking skills & hunting as you read this.
Join them. Nothing is stopping you.
Due to the fact I have built infrastructure that most people can’t build.
I now have the ability to provide benefits that most people can’t.
This next announcement is going to be a reality check.
Undervalued.
I spoke about the importance of RWA before most knew it was a thing.
I educated my community about the history of RWA - beginning 100’s of years ago before most knew it was a thing.
I started building before most knew it was a thing.
Today - Not only is the CEO of Robinhood joining the fight, but so is the SOL founder.
RWA tokenization is the future and the pie is bigger than ever.
Winning season.
Can’t rush greatness.
Red days are just another mountain, best part about building is you get the luxury of control that others don’t.
That is also the worst part.
@relet