Why $PAGO is undervalued here?
-p2p transactions on discord
-subscription model for paid groups
-tg support soon
-x, twitch support soon
-dev of pandez (180k+ servers free ad)
-sitting at 200k for 2 weeks
-day 0 big runner
First and only robotics launch in crypto to give exposure to major robotics companies that went viral in the past months.
Figure AI, 1x (Neo), Apptronik, Agility... $Deus is holding prefered and common shares of these companies.
Their core idea is to use onchain governance to allocate capital into physical robotics companies that are hard to access for retail:
- Need to hold $Deus to participate directly in decisions around capital allocation.
- 33% of the profit from successful company exits will be used for $Deus buybacks.
- Raised $20M; last sale valuation was at 60M FDV.
- 17% circ supply, puts it at 8M circ mcap right now.
Why is it clearly undervalued here?
Their NAV is $10M (not including their DEUS holdings, which are worth $16M).
Consists of $7M invested in robotics companies + $3M in cash.
For context, Andrew Kang's fund is trading at 5x its NAV, while $Deus is trading below it right now.
The reason for comparing Kang's company to Deus is that they are both invested in the same robotics companies. (check the pics)
Anyways, should be clearly limited downside here considering $Deus trades below the NAV and given the premium Kang's fund trades at (while being invested in the same companies).
Also, in the future, whenever there is a major headline involving Kang's fund, Figure AI, 1x, etc., people will look for a proxy in crypto, and there is only one company that actually gives exposure to them: $DEUS.