Venture capital investor in the future of commerce at Interlace Ventures @interlacevc, vipassana practitioner, passionate cook, triathlon, marathon. @blckvc
The huge Solana wave bw Dec and April was exciting and challenging
We peaked at 160k DAUs and saw more than half a million people onboard onto the platform. Many many low quality wallets but it is what it is
It ended with congestion starting March 2, and the chain getting unusable by the end of March for us and practically everyone else. It was very sobering for all the Solana dApps
The intense growth and then pullback pushed us to build fast and rush our scaling solutions to market that were probably normally a year out
Now we sit at the door of the next phase, all the big puzzle pieces we envisioned are around the corner
All metrics are stabilizing and returning the calendar about 2 months, still around 100k DAUs on most days
Still the biggest consumer product in crypto and collectibles by a wide margin
But one thing is very different from a few months ago
The product is much, much better
And that’s led to incredible growth in what we call our “p5 DAUs,” a custom measure of our most engaged users who use the product as intended
This cohort is what you dream of having for a consumer app. The age old idea is to find 100 users who really love you, not just like you. We have 25,000 of those users every day (!)
And I am so pumped about the next few months. I will be loud about it and keep pounding the vision. Only up
This has been my state of the union address, thanks for listening 😂
There's been a huge surge of interest in joining DRiP as a creator.
We help creators:
🤝 Reward fans
🔑 Own their audience
❤️ Monetize with tips, royalties, and subs
🚀 Find new early fans
And, DRiP is 100% free to use.
If you're curious to learn more, see below.👇
DRiP is a game-changing content platform that's 100% free for creators:
🤝 Reward your fans with digital collectibles
🔑 Own your audience
❤️ Monetize with instant payouts
🚀 Access 500k+ wallets
We're opening a waitlist for DRiP Studio, our app for creators. 👇
Congrats to @arkivedao on their launch! Exciting it is. Arkive is the world’s first decentralized physical museum where members vote to curate artifacts. Join at https://t.co/I7LxzqiHD7 & read more in @smelendez ’s article in @FastCompany: https://t.co/wZVzQpUUPx
It’s official! 🚀
Today, Arkive is excited to launch out of stealth by announcing $9.7M in funding led by @offlinevc & @tcg_crypto to build the world’s first decentralized physical museum curated & operated by its members.
Read more: https://t.co/wzZBXs2mjL
Free alpha 👇
Simply her choice. Free mental health support should even come along w/ an often traumatic decision. In shock to see @scotus paving further US society’s degeneration.
I sometimes wonder why/how my peers and I are failing great founders. 12 months mentoring an #LGBTQ+ genuinely mission driven brand growing 2x to $1m revenue in 2021 on the path to 3x in 2022 and still not a single piece of investment in view. 51% of recurring customers. Anybody?
📣 The people of Arkive have voted and we're excited to announce our first acquisition: the ENIAC Patent.
More about what this means 🧵
Full story: https://t.co/x8oOpGqB3V
Exactly one month away from launching my next thing and four months removed from closing down @b8ta.
There won't be an alpha or a beta or simply a landing page. We're full sending it.
Promise it will blow your mind.
We're hiring a Retail General Manager in NYC. Refer a friend that we hire and we'll send you limited edition Solana swag + other goodies.
Introductions welcome: [email protected]
Or apply here: https://t.co/ZxqcVgiQTi
Founders, join our fundraising & deck building workshop hosted by our stellar venture partner @vibhu on Thurs, May 26. Vibhu has raised over $100M in VC during his career as a serial entrepreneur, and is an active angel investor.😇 Open to all!
Register: https://t.co/kQDyTGSmEV