Every time I come across another update from @ProprXYZ, I get a little more curious. It feels like one of those products you want to experience yourself instead of just reading about. Can't wait to see how it develops, especially on @TheTrustedProp.
The early days of Web3 had a different energy.
It felt permissionless. You experimented, owned your assets, and didn't have to ask anyone for permission.
Lately, that feeling has faded for me.
Ironically, I'm starting to get those same vibes from on chain prop firms.
There's more freedom in how you trade and what you choose to trade, even if there are still platform specific rules. For example, on @UpscaleTrade you can only trade indices during the New York session after 9:30, so your focus is basically the 10:00 candle.
Once you understand how they operate, it's actually a solid setup.
One thing I really like is the cryptonative approach:
β’ No KYC.
β’ Crypto payouts.
β’ Simple.
That matters more than people think.
I recently lost a funded account and I'm about to forfeit a $25k @revonetrading account because the only payout option is RiseWorks. Sometimes it isn't your strategy that costs you it's the payout infrastructure. Every prop firm should have at least two payout methods. Rev One is a good firm overall, and I hope they improve this.
That's why I think firms like @UpscaleTrade and @ProprXYZ are solving a genuine problem for traders who've had similar experiences.
If you're already deep into Web3 and you're comfortable trading meme coins, on chain prop firms feel like a natural evolution. They align much more closely with the ethos that brought many of us into crypto in the first place.
At the moment, I recommend both. I'm currently trading with Upscale, but whichever one gets verified first on @TheTrustedProp might end up being the one that sets the standard for this new category.
#Onchainfirms #TTP