David @SGV

@d

1005 Following

1623 Followers

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Where your fear is, there’s your task

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Virtual Worlds https://x.com/blakeir/status/1928833441094578456?s=46&t=jlO8oBVg4bsgKeZixII2Kg

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I just bet on this Onit market, my money is on PSG 🎯

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Labs vs. token revenue: Two ways to look at it. Either, it's a direct investment (cost) of R&D in the PnL. Or, a direct syphon of funds. It depends on the project.

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Ratifying @procoin governance

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3 takeaways from @theiaresearch recent chat: 1/ Crypto companies have a higher cost of capital, so an investor demands 5x revenue multiples, vs. 10x+ on US equities 2/ We need S1s and quarterly report equivalents for crypto. Guidelines the best tokens should follow to signal their quality 3/ Incentives, points, narratives, these all will lead to false PMF and teams wasting time and resources. Find PMF first https://youtu.be/99XsVSN_doQ?si=WTevMDAAFLFcxbIM

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I am Farcaster Pro User #1,255, I signed up 11 minutes after launch, check yours!

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Pro is the living proof that a strong community will support whatever crazy business model a good product ships Regardless wether Pro will be the main value driver for Farcaster, it’s a marker of pmf

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Yesterday, @balajis.eth posted his first coin on Zora and it got up to 8M in market cap. It has tanked as he started posting more stuff on his profile The og post has done 27M in volume, which is ~270k in revenue for Zora (split among @zora and creators)

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Every week more and more of my fav crypto apps launch mini apps to leverage distribution, something’s clicking

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“Fast gets attention, slow has all the power” Loved the latest from the Zee Prime folks on why Wackadoo founders succeed https://zeeprime.capital/investing-in-wackadoos

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Some thoughts from the @socialgraphvc crowd: + /blueprint and @pods show chains/brands are now paying users to mint — either for a new wallet or a simple impression + DramaBox + ReelShort (microdrama apps) have generated $99M and $152M in the U.S. + @zora's getting aggressive with AI-generated content + Saw a "eat-to-earn protocol" this week + Token unlock modeling = overlooked alpha And more... https://paragraph.com/@socialgraphventures/cycle-snaps-2-incentivized-mints-noice-microdrama-and-more

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Pump is still the king of launchpads, and now has a baked in DEX so creators earn fees along the whole token lifecycle But there's a lot of newcomers challenging them, including Believe @clanker @zora and more Full data report here: https://x.com/ournetwork__/status/1925961386573599188

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Chime reported $1.67b rev for 2024, +31% yoy. It’s revenue multiples: At 10b: 5x At 15b: 9x Compare it to COIN (8x), HOOD (15x), or NU (5x) The bull case: Targeting underserved customers The bear case: Higher risk user base on downturns

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Enjoying browsing Farcaster and having videos play in the background via @pinetree https://pinetree.so/video/0x6190fe0455e5f895f41204b75dd261bf5f83bd33

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@noiceapp is nice, but have you thought about doing it at scale with TikTok influencers that have millions of web2 followers? @daisypaystore is just that, leveraging stablecoin microtransactions, zk-proofs for data validation, and a potential token flywheel

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Great read on why social graphs are valuable

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Missing piece https://rodeo.club/post/0x9F349C42F43383458Bb0BA6ac28a26A813AF8F52/6

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@socialgraphvc has good seats in consumer crypto, here's what we've seen recently: Clanker was Beliefs but too early Warming up on $ZORA, doing 2% fees on 3–30M daily volume, and virtually no Tiktok presence yet Pokemon TCG market is gigantic, and growing, people are buying more cards now than ever. Happy to back a team here + more... All linked in cast https://paragraph.com/@socialgraphventures/cycle-snaps-1

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Just saw a @dune.eth dashboard creator link out the tokens to their referral link on Axiom Exchange - that's hustle

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