Hodl Ventures

Special Situations fund operating across private and secondary markets. Part of the @hodl_group

[Hodl Ventures @hodl_ventures]

📄 We've Read the x402 Whitepaper by @Coinbase, So You Don't Have To.

In short: x402 enables HTTP-native stablecoin payments using crypto-native rails.

This thread covers our reasons for deeming x402 the @Stripe of the digital, agentic economy of tomorrow.

[Hodl Ventures @hodl_ventures]

While everyone’s debating x402, @0xDeployer shipped pay-per-request flows months ago with @bankrbot denominated in $BNKR

Native revenue model is unlocked, Bankr SDK as the payment layer for 3d party AI agents?

@brian_armstrong is early?

[Hodl Ventures @hodl_ventures]

Harmonix is a yield platform with automated strategies. Currently, it boasts over $15 million TVL across 3 distinct vaults.

Happy to have seeded them in the very early days of the Hyperliquid ecosystem as they were among the first pioneering builders.

[Hodl Ventures @hodl_ventures]

Less than 5 days left to register for @harmonixfi Sonar sale at $25 million FDV.

Existing Harmonix users are given priority, but the lion share of the allocation is reserved for the public.

If you are interested, click the tweet below for additional information.

[Harmonix Finance @harmonixfi]

Harmonix is launching its public sale powered by Sonar @echodotxyz

Offering protocol ownership in Harmonix, the primary venues for those looking to step onto the future of finance.
Sale starts in 7 days.

Registration now: https://t.co/xNTrfSJBaO

[tony @onchain_tony]

Someone asked me whether @clankeronbase is the PumpFun of Base. Here is the lengthy response I send him:

One could make the analogy it to akin to PumpFun. However, I prefer to dub it as the 'programmable token launcher' of Base and it being radically different from Pump.

1. Pumpfun has significant negative connotation due to the huge affiliation of memecoins and the extraction that came along with it (think Davies, $LIBRA, $MELANIE, and all the other washtrading rugs).
2. Pumpfun team has shown no alignment with its community and lacks some sort of moral compass (where is the airdrop? what happened to their focus on streaming?)
3. Pumpfun offers little to no control for developers when launching a token (it is literally just a ticker and a picture)

This is where Clanker is radically different.

Yes, clanker is a launchpad or token launcher. Yes, memes have launhced through clanker, but if you look on https://t.co/OWhjLCFC25, you will notice that the biggest tokens in the ecosystem are mostly utility projects. The community on clanker is a completely different crowd and consist of fanatic wallet users and tech-savvy enthusiasts. Many (consumer-facing) apps on Base wallet or Farcaster, opted to follow the fair-launch countertrend to VC/CEX coins.

The core clanker team has shown great alignment with their community constantly engaging with them, whilst maintaining a somewhat unbiased/unopinionated stance, so clanker really is a permissionless back-end for developers. In my opinion they nailed branding and brought a coherent message across their socials, which led to a lot of goodwill and trust from users and developers a like. The team managed to create a strong two-way relationship with investors/speculators on one hand and deployers/founders on the other.

You can see the success of their business execution in the successes of $BNKR, $NOICE, $i, $SKY, $WARP, and so many other token-based communities.

And these developers have access to a wide range of tools. Clanker is one of the few projects that I have investigated who went deep into Uniswap V4 hooks (h/t @lobstermindset ). V4 hooks were released Q1 this year and allow customisation rules on Uniswap pools and swaps. From my understanding, building hooks is a very technical and complex proces, but clanker is one of the few teams pioneering this tech from the beginning. Various modules/extensions have been designed and implemented to give deployers more freedom and flexibility on how they can launch their token. Notable mentions are dynamic fees and anti-sniper mechanisms. In my opinion, a technical competent team is extremely important, especially on EVM where smart contracts allow for so much utility and where token launchers have become a commodity. You need to add value.

By opting for clanker, deployers don't have to go through all the headaches and hoops to launch a coin, how to do it, how to configure taxes, etc. Clanker presents them with a full range of flexible customisation.

Many people on this platform consistently push the ICM narrative as something brand new. This meta spawned after the memecoin-mania as people got tired of all the vapor.

ICM has always been here. Whether it be governance tokens, utility tokens, etc. ICM has been on clanker since the beginning. Go back to https://t.co/OWhjLCFC25 and go through the biggest projects. You will see that the majority of them offer some cool app or product.

Clanker is among the top revenue generating protocols on Base thanks to all the creative devs who decided to kickstart their crypto-business with clanker. The recent acquisition by Farcaster is not going to slow down this trend. It came paired with enabling buybacks of $clanker with the revenue and deeper integration in an already established farcaster social platform.

Farcaster is now leaning more into the wallet/trading side of crypto instead of social only. Recently, they shipped more trading related features to their app and I would expect them to use clanker for new tokenisation ideas.

In essence, Farcaster is now part of the increasingly competitive segment of (social) trading interfaces, such as @JupiterExchange, @phantom, @base, and @tryfomo.

So to get back to the initial question, whether clanker is like pumpfun and 'just a token launcher'.

No, clanker is programmable, has a healthier community, and an actual defendable moat through Uniswap v4 hooks, Farcaster backing, and appeal to ICM founders.

[Hodl Ventures @hodl_ventures]

Hi @bankrbot pitch them why Bankr is positioned to be a big winner with x402 and how the value is captured by $BNKR

[Hodl Ventures @hodl_ventures]

While everyone’s debating x402, @0xDeployer shipped pay-per-request flows months ago with @bankrbot denominated in $BNKR

Native revenue model is unlocked, Bankr SDK as the payment layer for 3d party AI agents?

@brian_armstrong is early?

[Hodl Ventures @hodl_ventures]

While everyone’s debating x402, @0xDeployer shipped pay-per-request flows months ago with @bankrbot denominated in $BNKR

Native revenue model is unlocked, Bankr SDK as the payment layer for 3d party AI agents?

@brian_armstrong is early?

[Hodl Ventures @hodl_ventures]

Many have proclaimed DeFAI to be dead. We disagree.

We have taken a position in $BNKR. Again, no private round, no OTC, no discount.

Just. Skin. In. The. Game.

Here's our thesis ✍️ 🧵

[Hodl Ventures @hodl_ventures]

Clank Clank $clanker

@base @clankeronbase @farcaster_xyz

[Hodl Ventures @hodl_ventures]

Lots of talk about the launchpad competition on
@solana, but few people talk about the real winner arising on @base.

Using EVM programmability, @clankeronbase has become the go-to launchpad for serious developers and meme'ers alike.

Here is why we have a position since March👇

[deployer @0xDeployer]

i built a simple bankr command line tool to showcase how to use the bankr x402 sdk to interact directly with bankr programmatically.

> get market data
> get transaction data to trade perps and swap coins
> more...

links below

[zk V e r i f y @ZKVProtocol]

Chengdu showed up big for zero-knowledge 🔥

From proof verification to verifiable compute, the discussions, demos, and energy were electric.

zkVerify’s global tour keeps rolling — full @OurTinTinLand recap ↴

[zk V e r i f y @ZKVProtocol]

Chengdu showed up 👏

Huge thanks to @OurTinTinLand for helping host a packed zkVerify meetup and giving us a touchpoint with the thriving Chinese zk community.

Proof verification is global and so is 𝗭𝗲𝗿𝗼 𝗗𝗼𝘂𝗯𝘁 🌏

[zk V e r i f y @ZKVProtocol]

zkVerify is gearing up for TGE + Mainnet launch in just a few hours!

@Delphi_Digital breaks down why everyone should be excited about zkVerify TGE and mainnet launch.

Read the full analysis 👇https://t.co/0uRgaoU2u2

[Hodl Ventures @hodl_ventures]

🇸🇬 We will be attending @token2049, Singapore, next week.

Looking forward to meet like-minded crypto professionals and enthusiasts.

If you are a founder/fund/trader and are interested in talking, shoot us a DM! 🤝

[Hodl Ventures @hodl_ventures]

✅A huge step for stablecoins.
✅A huge step for agentic finance.
✅A huge step for x402.

This underlines once again our conviction in agentic finance using programmable money as underlying rails.

Read our x402 primer in the quote tweet to learn more!

https://t.co/c7BGDSijmO

[Hodl Ventures @hodl_ventures]

📄 We've Read the x402 Whitepaper by @Coinbase, So You Don't Have To.

In short: x402 enables HTTP-native stablecoin payments using crypto-native rails.

This thread covers our reasons for deeming x402 the @Stripe of the digital, agentic economy of tomorrow.

[Hodl Ventures @hodl_ventures]

Great launch by @avantisfi $AVNT so far.

Today, 6 days after launch, it sits as a top performer on @coingecko with over $1.7bln!

[Hodl Ventures @hodl_ventures]

People say bull market isn't here, but we disagree.

For those who dig deep, they can find diamonds in the rough.,

Here are two projects that we are paying close attention to: @avantisfi and @almanak.

Thread👇

[Hodl Ventures @hodl_ventures]

Disclaimer: We have not invested in any of the private rounds of aforementioned projects. This is not financial advice and we are just sharing our insights in the market. We are actively looking to deploy capital in meaningful projects with genuine, integer teams.

[Hodl Ventures @hodl_ventures]

People say bull market isn't here, but we disagree.

For those who dig deep, they can find diamonds in the rough.,

Here are two projects that we are paying close attention to: @avantisfi and @almanak.

Thread👇

[Hodl Ventures @hodl_ventures]

There is no public information on the TGE of @almanak. As of writing, there is an active points program for users who use the platform.

So far, the two public vaults have culminated >$40mln in TVL with a native APY of 14% + ~25% APY in points. A huge farming opportunity, if you have idle some stablecoins that is.