(1/24) A big goal of this account is to educate my friends on different topics in crypto In crypto, there is no better time to geek out than when the prices are down and get rich quick schemes are no longer prevalent Lets start with my favorite topic NFTs 👾🤖🐎🎟🎨🎰🎸🎮

GButter Keep goin mnstr! 🧊🧊

Having fun on chain again for the first time in forever… Between the gachas @Collector_Crypt @mnstr @Beezie @phygitals And learning about some new developments in defi @prism_lp Something in brewing

Sometimes you stumble upon a gem, something special that reminds you why you still spend countless hours onchain, diving through endless vapour and bundles. Reminds you why you came here in the first place: the boundless innovation, and a better way forward.  @prism_lp has been this for me the second I really understood what was going on. The tokenomics and mechanics are so novel and ingineous I’ll post some materials at the end from the source. Meanwhile, I’ll give you the smoothbrained ape version: there are 5000 Prism NFT’s. Whenever you trade the erc-20 token to fractionals and “brake” one, it’s burned forever. So, deflationary supply. We are at about 4k already, two weeks in.  These Prism NFT’s basically represent ownership of the protocol, not in a memetic way, but in a direct value accrual thank god way, where they take a hefty 60% of fees.  They do so directly: this means that there's no staking, LP wrapper, router approval, no bullshit. You simply hold the PRISM in your wallet. Thank you Uniswap V4 hooks. This is increasingly important both because AI becomes ever better at surfacing attack vulnerabilities in staking contract but also cause: adoption! It’s clear that utter complexities to take full advantage of crypto’s possibilities is not something that nocoiners want to do. More on this as we go, as Prism adresses this 3 ways. So, what are we accruing value from? Indexes! Yes, exactly the thing that almost every non professional uses to get exposure to stocks, and narratives in general. One of the biggest markets in the planet, that charges you a hefty yearly fee for the privilege. So, via Spectrum, the launchpad built on Prism, to whom all value accrues, you can “one click create” what are basically on chain ETF’s everyone will have access to. First one live is a good example: a basket of Base AI projects with VVV as the main position at 50% or so and then a sliding scale of 20% to 1% of a dozen baby clankers. That’s some good low effort exposure to a strong and growing narrative most nocoiners wouldn’t have any idea how to get access to, nor time for. But the fact that onchain we have already exposure to erc-20 of Stocks, and highly efficient and regulated commodities like Paxgold, and new primitives like baskets of tcg cards means we can create something like 20% gold 20% btc 20% vvv 10% fucking pokemon cards 30% the fucking S and P 500 if our boomer inclinations so desire 😂 Possibilities are endless. And again, this is non memetic, and here’s the incentive for big names to do so. Whoever launches the ETF is entitled to 30% of all fees ever produced. But unlile other ETF’s where you have to PAY a yearly management fee here you are PAID to hold that ETF with 10% of all fees created. And 60%, reminder, goes back to PRISM holders. I assume the 0 to 1 moment will be when @VitalikButerin his DeFi ETF or @punk6529 his art/TDH on chain ETF or @blknoiz06 will make his Solana ETF. People with reach and credibility in their own domain. I don’t put Vitalik there randomly, because he just wrote a longass post describing the next phase of DeFi, very same week this this launched basically, and all I could think reading it was: $prism ! The one thing I don’t particularly like about this model is that the ETF’s are fixed in allo. Wich, most etf’s are, but nature of crypto needs more flexibility imho. The reason for that choice is sound: not allowing people to just rug or buy random shit with it. Makes sense. I was happy though to know it was more of a “stylistic choice” and less of a constraint. Down the line flexible ones where “social trust” does it’s thing will be good: again, Vitalik there as an example, or 6529 and it’s TDH crew make A LOT of sense in this context. So much can be done in that sense my brain was tingling with crazy possibilities of TDH crossovers in this system.  But I digress 👇

RWA tokenized cards just make too much sense man

Rule of thumb that will help save your bags: Whenever a founder on X stops relentlessly bullposting about his project… and starts sidequest posting about AI, peptides, stocks, politics, or any other irrelevant bullshit not tied to his project… ...Hit the SELL ALL button immediately. That founder has checked out and is already planning his Dubai penthouse exit. Invest in founders who absolutely believe in what they are building is the solution, a solution that needs to be relentlessly evangelized to the world. Founders who can’t shut the fuck up about what they are building and how it will change the world. These founders tend to have enough gravity of conviction in what they are building to capture an early cult community of true believers that supercharge the growth flywheel.

3 months of sailing on @arbitrum ⛵️ → $100,000,000 in autonomous volume → 22 yield sources unlocked → $USDC $USDT fully agent-optimized Thank you for sailing with us. The next wave is already forming.

Finally a decent currency to park and earn 🤑

How funny would it be if there’s another NFT run because people want cool PFPs for their agents. Only 10,000 agents can have punks…

When NFTs do finally make a comeback , let’s try and keep this same supportive energy between projects, eh?

🔥

Only a matter of time before BAYC becomes “cool” again

10 apes 15 mutants 30 doggos All now fully staked with $ape. Feels kinda cozy to return, and also kinda painful to look back at the damage done by old management, and what could have been. I also lp’d some on @prjx_hl on Hyperliquid, loving the project R.A.I.D. multichain integrations and defi expansion, hyperliquid expansion in particular - eco I have most exposure in - got me interested in building a position again. It’s not gonna be blind commitment to any NFT projects this year, but I haven’t come so far to only come so far, so we’re going all out for the people that brought so much joy and opportunity in my life. Team said “judge us after Apefest” and I wanna be ready for it. Fully loaded and bullieving. $ape went from almost 30 dollars to 30 cents. There is not much else to say. I was early in calling out exactly how things where gonna play out if we let all those DAO pillagers run wild, suits infiltrate, Animoca run the show, VC’s demands take over. But now it’s all been burned down, and built anew. No one is paying attention, litterally no one, on cryptotwitter. It’s all been completely written off, and probably rightfully so. I’m one of the very last “big accounts” still rocking his ape no matter what, 4 years and running. At this point, it’s an act of defiance, and frankly feels quite punk. Being taken seriously despite the monke. Dunking on apes is CT favorite passtime and the easiest clickbait. But this is usually where the biggest asymmetrical opportunities lie. Under the surface, things are moving. Cross chain expansion to Solana, Hyperliquid and BNB. Some cool integrations in DeFi protocols, plus finally some killer app brewing on apechain as well. And of course the big Mirage that is Otherside. 3 years in the making. Some heavy hitters investing, as ambitious a homerun as they come. Plus a Strategy that just launched and has probably the most explosive rampup over 10 eth, if we get there, pouring gasoline on the fire. But this is all the rational, I could keep ranting, but the truth is, I’m just betting with my heart, and giving this crew one more, big, apeish shot. I’m ready @CryptoGarga. Take us home 🦧

The crazy part of the 2021 NFT bubble was that the institutions never even showed up. And there were no NFT treasury companies. Even without all that, popular 10k pfp collections had no problem hitting a $500k floor.

AI will make you money while you sleep. 😴 Fungi is a new defi agent that optimizes yield on your crypto — yesterday they crossed $10m in volume: ◆ Sign-in w/ email or web3 wallet ◆ Deposit with crypto or credit card ◆ Instant swapping/bridging, abstracted from the user

The ticker is $FUNGI The sector is DeFAI You have been warned

Took the weekend to really sit and reflect on the state of the trenches. Here's my take, and I know a lot won't agree. Right now, there's no real edge in the trenches. Everyone is plugged into the same trading platforms. The era of "I heard it early from a friend and aped in before the crowd" is over. That organic upside is gone. These platforms and tools are a net positive for trading tech, sure, but they've compressed profit potential. Everyone’s seeing the same data at the same time. Bundle scripts are now standard. Third-party tools give outsiders early access. Even CEX listings lag the same coins people already aped onchain. There’s no longer friction between decentralized and centralized swaps, it’s all just flow now. The trench meta is heavily diluted. New meme pairs? Dead on arrival. Conviction is borrowed, not built. Nobody wants to hold through chop for a 3x when they’ve seen what real euphoria looks like. Unless a major onchain airdrop kicks off a fresh wave of risk-on energy, I don’t see the meta changing. Too many players. Too few edges. No friction. No mystery. Bearish on the trenches until further notice.

AI will make you money while you sleep. Mushy is a new defi agent that optimizes yield on your crypto — with $100k in asset management due to world-class onboarding: ◆ Sign-in with email or any wallet ◆ Deposit $100 instantly ◆ Pay with crypto or credit card

$GIZA just launched at $100M FDV $FUNGI is building the same vertical. Infra yield agents, but sits at just $1M. If $GIZA sets the comp… $FUNGI might be the cleanest 100x on the board. Full breakdown drops tomorrow. You’re early.

The Future of DeFi Is Here AI agents that automate yield farming strategies are becoming the standard in DeFAI. The future of this sector will be automated thanks to AI agents and this revolution is starting now. Today we saw the $GIZA TGE launch at a fully diluted market cap of $100 million. The project I’m most excited about right now in this sector is $FUNGI, a competitor that arguably has a stronger technology stack, yet its token has only a $1 million FDV.

Also thank god lol. Would have been another 3 years in web3 hype man prison