The fortunes made this cycle won't come from any alt-L1s IMHO. They will come from apps that generate real yield that you've probably never heard of. Not HYPE but apps built on HyperEVM, not ETH but apps built on @Base.
You can look around and make asymmetric bets on a dozen of them already. Just look for any < $1B FDV coin that generates real revenue through fees. Even $AERO counts because it can grow to $100B once the inevitable happens and all the @Coinbase CEX volume is onchain.
Bet on the trends that are inevitable:
- Just like web1/web2 meant all companies went online, web3 means all finance goes onchain (CEX will lose to onchain, it will just take 5-10 years)
- Ignore the boomers that still operate every CEX and just bet on the trend
- Look for apps that capture real yield from this trend, whether its creator content (@Zora, @Virtuals_io, etc) or fees (@AerodromeFi, @MoonwellDeFi, @Mamo_agent, @DefinitiveFi, @BMXDeFi etc)
- Buy them at low MC
- Hodl for a few years
This is literally all you have to do. Like buying MSFT in the 1980s. I was a little kid telling my family "pretty soon every house will have a PC" and they were like "you're crazy Luke" and now here we are. If you bought $100 of MSFT in the 1980s you'd be a billionaire today.
I was seriously a kid in the 1980s telling my dumb family everyone will have a PC. I was a high school student in the 1990s with a University shell account telling my friends "soon everyone will be on the Internet" (they didn't believe me either) - I had one of those motorola flip phones in the 1990s and I was telling everyone "soon everyone will be on mobile" and they were like "it's too expensive" (learn to use Verizon maintenance mode and get free calls bro). I had the first iPhone in 2007 and I would tell everyone at parties "soon all your apps will be on this thing" and nobody believed me. Literally got called an idiot because I told them Blackberry was done.
So believe me when I say soon all your CeFi stuff will be on web3. It's happening right now, finally Wall Street figured it out.
Plan accordingly...
Even the boomers running the @Binance and @Coinbase CEX don't know it yet but @jessepollak is right.
We are still so early... (video credit tomo355 on Midjourney)
I learned a decade ago to focus on customers, not competitors, as a principal engineer at @awscloud. Amazon built one of the best companies in the world, an e-commerce and cloud juggernaut that delights customers every day with the everything store and almost free 2-day shipping.
Base ecosystem has been silently grooming gems
If you paid attention 2 months ago, you would have caught $KTA which has done over 1000x and counting
If you paid attention 2 weeks ago, you would have caught a 10x on $GIZA and counting
Now I want you to pay attention to $MAMO @Mamo_agent before its too late
We are transitioning to an economy where little to no interactions from human is required but yet you are still earning, thanks to the concept of DeFAi, we are literally turning AI agents to financial strategists
Mamo was built to serve as a personal finance guide, designed to simplify your money life
It is focused on helping users track, grow, and understand their money with minimal stress, as you can simply deposit $USDC and watch your money work for you silently in the background
Built by prev Coinbase team, led by @LukeYoungblood, Mamo was designed thoughtfully to make wealth building accesible for everyone as the agent gives anyone a simple, secure place to store, earn, and use digital assets
Currently trading around 24M Marketcap, I personally think it is undervalued given the team's wealth of experience and previous histories
Also, we hardly see Coinbased lead publicly supporting launches, but the reverse was the case for $MAMO as it surely does bring to the mix what each and everyone needs to grow wealth while we focus on other things
Also, following the brief market dump due to Elon v Trump, $MAMO showed incredible strength, and this surely means one thing, the holders believe not just in the token, but in the ability of the team to fully ship a utility accessible to millions
It is time to bet on credible teams, and that is the new meta right now on Base, it is not a financial advice placing big bets on $MAMO, kindly do your research
What else are you watching on Base and what next should I cover ?
DUEL x BASE
Our next blockchain integration will be on Base! Keep your eyes on X, we will announce the live integration next week.
Before $DUEL goes live, we will launch Prism challenges v2 on Base with over 2500 USDC in the prize pool for our sponsored challenges this week. 👀
Ready? Follow us, our next post will give all the details.
It’s the second day of announcements for our 2024 purview. Thanks so much for the overwhelming support on our product vision post yesterday. Today we’ll be sharing our 2024 roadmap and highlighting what to expect for the rest of this year. Enjoy the video!
The official announcement date for our GameGPT live demo will be announced tomorrow. We hope you’re just as excited as we are 🦾🦾
Congratulations #iHomes for signing your first deal with Kaliber Management.
#iHomes will join the ranks of Berkshire Hathaway’s 21st Mortgage as a liquidity provider and acquire homes from Clayton & Sunshine Homes for infill.
Big businesses are doing big business with $iAI.
We have a wide range of capabilities and infrastructure. Artificial intelligence and legacy preservation are one part of our @inheritanceArt ☂️
@realVincePeters is building an empire. It will be a different 🌎 when we release this #AI technology to the masses. Will you be ready?