Joining a “rocketship” company usually goes like this: > you joined one month after they raise a big round > you think you have finally found your best job ever > they hire 500 clones of you doing the same job > you realize things are extremely inefficient here > you tell yourself you will make the things efficient and become “Head of” the things > you don’t become “Head of” the things > they hire “Head of” the things externally > that guy is the most insufferable jerk you’ve ever seen, fresh out of a divorce, addicted to posting on LinkedIn > you’ve been here only seven months so it’s too early to go look for a new job > none of your dreams come true at this company and you tell yourself “ let me finish two years here” > you throw in the towel at 16 months because you fully hate yourself

On the day we opened the doors to Movement Hub Nigeria, one of the most important moments was the conversations we had. We sat down with founders and builders shaping Nigeria's fintech layer, payments, infrastructure, remittances, and the rails underneath it all. @ikbenxyz building paywise.africa @Mrdiinero building @giftyviewapp @cartoonguy__ building FIND AM @Soke_Decentra & @avaworld16 building @usemoneymoves We talked collaboration, future integrations, and what bringing Movement into the stack could look like. The hub is open. The builders are already in the room. 🏛️

i know everyone is dunking on VCs but i have to say 99.5% of investors (GPs and LPs) i’ve met have been direct, helpful, and helped me even when i had nothing to offer in return feedback can be tough but usually a kernel of truth in every constructive comment 🤷🏽‍♀️

through all the noise i just need to take a moment to show my genuine upmost respect for @torabyou and the @movement_xyz team had every opportunity to walk away but they’re busting their ass to turn ashes into gold. hats off gents. genuinely admirable

New Listing: $MOVE(Movement) is now live on Fasset. $MOVE is officially available for trading on our platform, bringing scalable, parallelized execution infrastructure to the digital asset ecosystem. $MOVE Airdrop: We’re hosting an exclusive community airdrop to celebrate the listing. How to qualify: • Buy $MOVE on Fasset (minimum $5) • 30 winners → $100 in $MOVE • Results announced in 7 days on Fasset’s X How to prepare: • Verify your Fasset account • Turn on post notifications • Stay tuned for snapshot announcement Log in via the link in bio.

Zoth is now our native RWA yield layer. Any fintech, neobank, or payment provider building on Movement can now offer their users institutional-grade yield on stablecoin holdings. More to come with the Zoth (@zothdotio) team.

New Listing: $MOVE(Movement) is now live on Fasset. $MOVE is officially available for trading on our platform, bringing scalable, parallelized execution infrastructure to the digital asset ecosystem. $MOVE Airdrop: We’re hosting an exclusive community airdrop to celebrate the listing. How to qualify: • Buy $MOVE on Fasset (minimum $5) • 30 winners → $100 in $MOVE • Results announced in 7 days on Fasset’s X How to prepare: • Verify your Fasset account • Turn on post notifications • Stay tuned for snapshot announcement Log in via the link in bio.

"neobank" became a popular term last year and the concept is pretty awesome: high yield checking, instant settlement, cheap cross-border payments, self custody. however, like everything in crypto, the competition is already very stiff. TLDR: - the barriers for building a neobank have shrunk, and the space is now very competitive (cards, vaults, and trading are all easy to spin up) - the market favors teams with large distribution networks or incumbents with lots of capital (eg. Coinbase, Robinhood) - emerging neobanks survive by either finding a niche with a reasonable TAM or leveraging partnerships to improve their products - I'm putting together a neobank playbook, so hit me up if you're building in the space or want to chat :) the cost of spinning up cards, integrating yield vaults, and creating a trading venue has decreased significantly, and basically become table stakes. current neobanks aren't differentiating themselves through there products, but instead through their distribution and partnerships. first you need to focus on winning your sector, then expanding to more markets. take off more than you can chew and you will lose. then there's the problem of navigating multiple jurisdictions. the major economies are still making changes to stablecoin regulations and some of the smaller ones havent even started. take brazil for example: neobanks there were building for the last couple years, then the government mandated that neobanks needed a VASP license to custody assets, now the cost to operate is way higher. the US, EU, China, Latam all have different frameworks and sub-frameworks that teams need to take into account lastly, distribution takes a good deal of marketing, product development, legal, and investor support to get right. this favors institutions like @coinbase, who already rakes in millions, has 1000s of employees, over 100 million users, and is building out neobanking products as a subsidiary of its core business. I hate to sound so bearish up until this point, so i'll end this on a positive note. like i said before, neobanks arent creating a moat through tech (that's too easy to replicate), but instead through partnerships and specificity. If a team can find either an untouched niche with decent TAM, or grab distribution through strategic partnerships, the op is actually quite big. 2 examples come to mind: 1. @slashapp is building (and has been building) virtual cards and accounts for businesses. think of it as a @tryramp competitor, but with higher APY's, international payments, and fast settlement through stablecoins. when they started, this was totally uncharted territory with few competitors, and they were able to carve a significant amount of business. today, ~$10B has been spent on Slash cards, and they service 10,000 businesses 2. @ethena recently partnered with @coinbase to integrate their product into Coinbase's already existing userbase. Additionally, Ethena just partnered with @Anchorage to serve as the collateral manager for Ethena's assets. these partnerships provide Ethena with instant distribution and regulatory compliance without having to bootstrap both independently. All I'm saying is there is hope for neobanks, regardless of the obstacles, and it is about time there was a solid playbook for how to do it right. if you couldn't guess by this point in the post, i'm currently writing a report on neobanks. Hit me up if you're working in the space or want to tell me about your product. DMs always open!

We're betting on ourselves. It's that simple. From The Block (@theblockco) this morning:

5 years ago I fulfilled my childhood dream of being on Wheel of Fortune. After watching it religiously every single night with my family, crowded around the TV, I finally got to stand on that stage and meet Pat Sajak and Vanna White. (Both were even kinder than I imagined.) For non-Americans, this show is a national pillar of entertainment that spans generations. Everyone, and I mean everyone, knows Wheel of Fortune. I spent weeks obsessively practicing and rewatching old episodes, hunting for any edge I could find. I read countless articles on the most common letters in puzzles and the way phrases are structured. (This was a lot harder before ChatGPT and Claude.) Here's the thing about me: I hate losing more than I love winning, and boy do I love winning. Over the course of the game I hit 3 "Bankrupts" and 1 "Lose a Turn." At one point Pat Sajak looked at me and said, "The wheel wasn't your friend today..." But when it mattered most, the preparation paid off and I solved the final puzzle to edge out the win. In life you can’t control the wheel (luck) but you can control preparation and hard work. It’s no secret that Movement’s “wheel”hasn’t been great but we are now old friends with adversity. This past year was spent heads-down at the drawing board, obsessively identifying market gaps and figuring out how to solve real problems at scale. Movement's "luck" is about to change. And when it does, don't act surprised. InshaAllah.