@Evan_ss6@EvgenyGaevoy There were theories that it was SBF/FTX who engineered the UST depeg.
Trading the depeg after it happened was indeed easy, however engineering the initial depegging was a complex operation (capital required, timing, pool impact, fud etc)
@DeFiSurfer808 @DegenSpartan@DegenSpartan cost basis should be 60-70% of current prices on a portfolio level given that prices have moved upwards since he started tweeting. So u need to adjust the multiple for better approximation. Likely your 5x is his 8x
How Token Pressure Makes Your Game Not Fun.
- It doesn't matter how fun your game is when players are losing money. This kills your core adoption loop of people play fun game -> people share fun game -> more people find your game.
Its' a trap.
https://t.co/r6Y0FWHtDg
@annaarthoe Reflect on the due diligence process. This surely cannot be his first public post, and VC analysts have to uncover the little details that can be personality red flags.
I don't know who needs to hear this but you should stop reading books about Elon and Jobs and hanging on every word as if it will make you a better entrepreneur.
They are the unicorns.
You'd be better off getting coffee with the guy down the street who owns a medium sized plumbing company.
$BTC holding strong above $30k since the announcement.
Opportunity for sidelined capital to get in, the pump last week took too many by surprise and many were not allocated.
ETF upside still validated, timeframe may face some delays but probabilities are not diminished.
Think the market is overreacting here, seems like the "denial" is just a technicality and Blackrock/Fidelity just have to refile naming Coinbase as the exchange that they have a "surveillance-sharing agreement" with
🧵I received great news this morning. Teneo, the joint liquidators of #3AC funds have determined in their sole view that all investors of @StarryNight_Cap will have their claims rejected and will suffer a 100% loss on their investment.
The grail of blockchain / web3 products is users using it not knowing that they are using it. Or at least without the friction it has today.
Focusing on crypto-native users, instead of gamers, is exactly the problem with GameFi.
Limited “adoption” only, with such focus.
For anyone building Web 3 products, crypto-native users should always be your priority until you have fully penetrated all potential crypto-natives.
They are the group can that give you the best product feedback and have the passion to give you the benefit of the doubt for your alpha/beta product.
Expanding to non-crypto-natives before you fully penetrated the crypto-native users is just putting the cart before the horse.
Azuki floor price experienced one of the biggest one day drops after they:
1) Charged each holder 2E to mint an NFT that looks almost the same as the original one
2) Effectively 3x'd the supply of the OG NFT by doing so