Hot take: crypto has mostly lost the plot
We were promised the future of finance and what we got was mostly asymmetric gambling games
The ironic part is TradFi sees the value of blockchain and is about to commandeer it all
βThanks kids, weβll take it from hereβ
1/ Burnout in DeFi/crypto is a real thing.
Iβve seen/heard many people lately who have hit the wall mentally and physically.
The 24/7 fomo-inducing nature of this industry can wear on even the most hardened professionals, so what to do?
Most crypto networks (L1s/L2s) are only built for crypto devs, and best case scenario a crypto dev builds an app that feels very non-crypto so it can attract non-crypto users
Keeta $KTA is the first L1 that is taking an βall developersβ approach with its iOS/Android SDKs,
Keeta Network: Updated Roadmap
We've compiled a list of the seven items that need to be completed before Keeta's main network is released to the public. Consistent updates will be provided as each item is checked off the list.
We're getting close!
$KTA
About 2 months ago I posted in our internal chat about a project called Keeta and that I bought some KTA (up 6x)
I've since done a good bit of research on Keeta and have grown even more bullish
Some might say I've sniffed the keetamine
Below is my summary π§΅on Keeta
Not going to lie, it's been a tough week for the $KTA community
As much as we should zoom out and view this as a longer term play, it's always tough to take a drawdown when the project fundamentals remain so solid
The problem was just an expectation mismatch - the community was
Let this sink in:
β Part of the yield generated through $AUSD & $KUSD will be used to buy back $KTA β
Stablecoin flows -> buyback flywheel
One of many outstanding partnerships for Keeta!
(3/6) Complementing this, Keeta will unveil its own $KUSDβa KYC-compliant USD stablecoin built for institutional demands, supporting verified deposits, source-of-funds traceability, and specialized services like compliant lending, payments, and tokenized asset custody. Part of
Iβve looked at countless startups in and out of crypto for over 20+ years
There are signs that Iβve come to recognize, call it pattern recognition
The most important sign is when it makes my balls tingle
Keeta does it for me, latest example below
$KTA
This is a very important announcement coming out of today's @KeetaNetwork spaces π£οΈ
40% of $KTA (team and early investor tokens) are now assigned as Keeta Inc. equity, meaning they canβt be sold on the open market.
This removes any future sell pressure, all confirmed by the
Great update post on what @schenkty and the Keeta team have been up to
You cannot be bullish enough once you see what theyβre cooking
$KTA is the ticker
1/ Keetaβs community space yesterday mightβve been one of the most alpha packed and info dense X Spaces yet.
Keeta isnβt just building itβs positioning itself at the center of both crypto and global finance.
A thread π§΅
Hereβs my simple breakdown on the markets, why stocks have been outperforming while crypto has lagged, and what to expect both short and long term
Stocks have been ripping and for those sitting in crypto itβs been painful to watch (mood shown below)
But stocks have largely been
I really respect the hustle of @schenkty and the Keeta team
Not playing typical crypto games, just methodically executing milestone after milestone
Great to see them rewarded by getting a coveted Coinbase listing
I am still digesting all the news from yesterdayβs $GLXY earnings call, but the point that struck me the hardest is Helios expanding from 2.5 to 3.5 GW
To put that in perspective - A 3.5β―GW facility would not only surpass any single metro area but rival or exceed the entire
$GLXY@galaxyhq#Helios
In yesterday's earnings call Galaxy's CIO Chris Ferraro mentioned that Galaxy's 2,7GWs (!) in backlog, which are currently under ERCOT study, are dependant from the new Pitchfork switching station. According to a recent filing by WETT the construction of