There is a guy in Miami who drives around a motorized wheelchair with ads on it. See him every couple of days.
Last I saw he was marketing some forex trading platform (so on brand for Miami)
Proof of Virality
Some thoughts on socialfi, memecoins, and consumer crypto below.
(1) Meme-Market-Fit
2024 is the year of memecoins, for a few reasons:
1. theyโre a rather โfairโ asset class (no private market valuation before launch)
2. infra has improved, costs are
zuck's billion dollar offers to top ai researchers got all of the attention, but this is the trillion dollar secret:
only the biggest megacorps in the world can access the debt needed to build AGI.
we're going to change that.
With @metastreetxyz introducing tokenized debt positions, depositors gained access secondary liquidity (as seen on @CurveFinance).
And today, the tokenized positions get another win with the launch of @ajnafi's permissionless erc20 lending market, enabling back leverage on
if u want opportunities, do stuff
if u do stuff, people will trust u to keep doing stuff, and will ask u to do stuff for them, with the assumption that the doing will get done
doers quickly find out that doing is rare, so once u start, a world of opportunity awaits
absolute return of @cryptopunks in ETH is -13% since Jan 1, 2022.
this is quite good relative to the price performance of leaders in (1) other NFTs, (2) DeFi gov tokens, (3) metaverse/gaming, (4) alt L1s
most people dont realize just how resilient punks are
$FDUSD and other depegs are timely market reminders of the importance of transparency.
@USDai_Official built on @m0foundation aims to be the most transparent high yield bearing synthetic dollar ever built.
It will face its own challenges, but opaque backing will never be one.
MetaStreet vaults recently passed 15M in volume and 100k in income!!! a nice milestone, although we expect v2 will crush these numbers shortly.
@metastreetxyz was suspended for some reason, so make sure to join the discord to keep up to date until we can get it sorted out.
It is equal parts frustrating and amusing dealing with the slow grind of converting skeptics into believers of nft debt markets.
Qiao got it instantly (over 2 years ago) in our pitch for @metastreetxyz to join Alliance.
I can still remember his facial expression shifting from
2018: NFTs are token wrappers for unique assets, the possibilities are endless!
"huh? dont understand. scam"
2021: NFTs are token wrappers for unique assets, like digital artwork and collectibles!
"i bought this picture but nobody else wants it. scam"
2024: NFTs are token