research head @blocmates // bullish on blockchain rails, open-source AI, and properly-aligned incentives

Joined November 2022
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May 13
I've been obsessed with the ins and outs of prediction markets these past few months, so I'm pumped to finally get this report out! We're playing around a lot with formatting reports to be interactive/engaging using a lot of new tools - so def recommend reading on the site and would love some feedback
There's never been a more exciting time for prediction markets and this monster guide is proof of that. Presenting to you The blocmates State of Prediction Markets. An absurd amount of research, writing, design, data work, and refinements went into this. Enjoy! 📚 🔗 stateofpredictionmarkets.blo…
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Jun 12
I guess you could say that people like the higher tier gachas... June 10 -> $2500 tier accounted for 68% of the $9.20M daily revenue June 11 -> $2500 tier accounted for 74% of the $10.62M daily revenue Looks like the $1000 tier is being cannibalized a bit, dropping from ~$400k/day from their usual $1 - 2m/day, but net-net the new tier has been massively accretive Lower tiers ($25-$250) largely unaffected, thinking it's just the whale class that has changed behaviors a bit Guess we will see if the trend continues -> do they launch even higher tiers? wonder at what point the marginal whale changes their spending habits -> or perhaps it's just a great marketing scheme to see the occasional >$50K grail pull hit the timeline
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Jun 12
my quant is saying that mostly the users of the new tier are the veterans, but the marketing seems to be working to drum up new lower-tier entrants (who may level up over time)
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Why ownership coins are the natural successor to the SAFE Michael from @dba_xyz on where ownership coins fit in the history of startup financing: "A lot of people don't know the financing history of private companies. We used to do preferred equity. A preferred equity transaction takes between 6 to 10 weeks and costs 30K to 100K, depending on what type of governance covenants are in the docs. We moved to convertible debt, then the SAFE, because people thought this doesn't make sense for the right way to finance an early company, we need a much lower friction way to get capital quickly" "When we saw this structure, I thought it was a logical next step, what comes after the SAFE for startup financing. You can do it much quicker, there's way fewer terms to negotiate, we don't spend a couple weeks on red lines with attorneys. You also get all the governance rights that a SAFE misses. A SAFE has absolutely no control or governance, it's an outstanding instrument that has to convert before you have real rights" "We don't think you need to do this traditional 10% private financing every single time. There's a world where you do ten 1% transactions, where you have clear KPIs and metrics that get hit, and companies are able to raise capital at a lower price, because they're selling less equity, quicker, and it takes less of their headache to do so" - @different_mj
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Jun 9
if I were a DeFi team, I'd be auditing my codebase with Mythos as soon as I'm physically able no sense risking that it's only hype
Jun 9
As Mythos might be launching today, I highly recommend revoking every approval across every wallet you own. Better safe than sorry.
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Jun 9
As Mythos might be launching today, I highly recommend revoking every approval across every wallet you own. Better safe than sorry.
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Jun 4
this was honestly a blast! it's amazing what you can do when you improve value alignment. thanks again to our guests @TheiaResearch @different_mj and @connorking for contributing to the conversation 💪
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Jun 3
"Ownership Coins, from the Buy Side" bringing together some of the best investor minds in the industry to talk shop with @8bitpenis and me see you all tomorrow!
What's the real investment case for ownership coins? We're hosting a roundtable tomorrow to explore this from the 'buy' side. Joining us alongside @563defi and @8bitpenis we have: - @connorking - @different_mj - Felipe - @metanallok 🗓️ 2:30pm UTC || June 4, 2026.
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Jun 3
this is a cool idea. I've been using AI as a trade journaling tool for a couple months now, but plugging it directly into your trading tool makes it much easier
Replying to @get_truenorth
Then it studies you Plug in your wallet and take a look in the mirror The agentic journal generates an honest review of your trade history Figure out where your edge is, where you suck and where your risk lies
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Jun 2
total spend on digital TCG gachas is one of those decorrelated charts you love to see crypto rails actually making businesses more profitable and allowing them to scale so much faster than in the past disclosure I hold solana:CARDSccUMFKoPRZxt5vt3ksUbxEFEcnZ3H2pd3dKxYjp
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Jun 2
when you're about to login to Coinbase but realize your VPN is still on

ALT Michael Jordan Michael Jordan Meme GIF

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Jun 1
which way, western man? hyperliquid:native to $234?
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Jun 1
the popular searches do not fill me with confidence
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He first talked about $HYPE all the way back in 2023. What made him spot this massive opportunity so early on? We discuss how to stay on the winning side in crypto with @Grantblocmates x.com/i/broadcasts/1yGBeMMpY…
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May 29
hyperliquid
[ ZOOMER ] THE CFTC APPROVES PERPS TO OPERATE AND BE OFFERED TO US USERS: FILING
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May 29
if your coin's YTD chart looks even worse than bitcoin:native's, you're probably in the wrong coin
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