Empeiros

tokenized social hedge funds on Robinhood chain

[Empeiros @EmpeirosApp]

Introducing Empeiros!

A platform for tokenized social hedge funds on Robinhood chain.

Empeiros enables you to invest in funds managed by influential investors you actually trust, and see all their trades and returns.

Empeiros is a beta product, and we’re looking for rigorous user feedback!

[mahir @realmahirsingh]

Wrote this short essay today on my long term convictions about where Robinhood Chain is going, and how software ought to be built on its underlying infrastructure. These ideas are at the core of what I'm building and hope to share with the world. https://t.co/E48yvhW35V

[Empeiros @EmpeirosApp]

@GerardGamba No, we haven’t launched a token. Investors take a stake in funds (vaults) on the platform, and their holdings act as tokens whose value is backed by the performance of the fund they have stake in.

[Empeiros @EmpeirosApp]

As an investor, the value of the tokens you hold are based on the AUM of the fund you’re invested in.

[mahir @realmahirsingh]

@tulipking absolutely, they’re all crushing it. You should check out @EmpeirosApp. Social platform for expert managed vaults on robinhood chain

https://t.co/oDsNZXzrHk

[Empeiros @EmpeirosApp]

A key difference between Empeiros and a traditional hedge fund is the ability for any person with any amount of capital to hold, invest and withdraw tokens from the fund at any time they desire.

[Empeiros @EmpeirosApp]

@ryohhno super helpful read, incorporating for what were trying to build

[Empeiros @EmpeirosApp]

A fund charges a performance fee. It is a cut of the profit above the fund's previous best, which is called the high-water mark.

[Empeiros @EmpeirosApp]

Good Fund managers can make life changing money on Empeiros.

[Empeiros @EmpeirosApp]

A popular X influencer, investor figure or voice can easily raise a fully subscribed fund. Today, funds can be as large as 20x the seed investment.

[Empeiros @EmpeirosApp]

Today, the funds can only trade Robinhood stock tokens.

[Empeiros @EmpeirosApp]

One question we’ve gotten a lot in our early user feedback sessions is “What is a fund here?”

[Empeiros @EmpeirosApp]

When you invest, your eUSD goes into that contract and the contract mints you shares. The share price is everything the fund holds divided by the number of shares outstanding. Anyone can read both numbers off the chain at any time.

[Empeiros @EmpeirosApp]

@JohannKerbrat https://t.co/3OwqX9VI00

[Empeiros @EmpeirosApp]

Robinhood built the first chain purpose built for real world assets. Fastest EVM chain to 100 million transactions. 190+ US stocks as tokens. We're building what comes next on top of it: funds.

[Empeiros @EmpeirosApp]

@ryohhno absolutely

[Empeiros @EmpeirosApp]

@JohannKerbrat Super excited about robinhood chain, and this is exactly the aim we have in mind while building Empeiros

[Empeiros @EmpeirosApp]

Empeiros is the perfect expression of harnessing crypto technology for people not native to crypto

[Empeiros @EmpeirosApp]

Anyone can be an Empeiros user, and will fall into 1 of 2 categories

The investor: someone who already follows a voice in investing or trading, and wants to tail their moves in the market.

The fund manager: someone with a prominent voice covering financial markets, or a background trading or investing. You can now raise a sizable pool of capital to trade within minutes.

[Empeiros @EmpeirosApp]

Robinhood built the first chain purpose built for real world assets. Fastest EVM chain to 100 million transactions. 190+ US stocks as tokens. We're building what comes next on top of it: funds.

[Vlad Tenev @vladtenev]

America must continue to lead. https://t.co/WUOJHfOWGE

[mahir @realmahirsingh]

@votesa Cool concept, ours is similar but its moreso socialized 'funds' as opposed to indicies and exclusively on robinhood chain. Check it out @EmpeirosApp