Earlier this week @SovrynBTC launched after a syndicate of investors, including myself, invested in the project.
Here is how it is going so far ππ½
As a reminder, Sovryn is building decentralized financial applications on top of bitcoin.
Decentralized exchange, decentralized lending, etc.
After 3 days, all-time volume has crossed $46 million.
Total value locked is approximately $30 million.
As with all companies and products that accrue long term value, it will be a marathon.
I'm encouraged by the early progress though and think there is a significant opportunity here for multiple projects to build decentralized applications on top of bitcoin.
The folks at @SovrynBTC need help to continue building.
They need developers, analysts, finance folks, animators, etc. If you have skills, they're open to talking.
One of my goals this year is to help 10,000 people get hired in the bitcoin/crypto industry.
We have already made considerable progress, but here are more details on my plans.
ππ½ππ½ππ½
1/ First, I had to find a team to help me. This is where @CJSakamoto15 comes into the story.
Colton kept sending me great memes (seriously!). We got to know each other, I pitched him on the idea, and he agreed to be CEO of the employment efforts.
Solid team β
2/ Once I had a team, we built and launched our first product β the crypto job board.
Companies like Coinbase, BlockFi, Gemini, Bitwise, Kingdom Trust, Amazon, and TIME have all listed open roles.
We are now #1 job candidate referrer to many of the largest companies in space.
There is a higher likelihood that gold goes to $0 than Bitcoin does at this point.
One is growing in value and the other is falling.
Don't get caught on the wrong side of a paradigm shift.
It seems people are misunderstanding what I'm saying here.
I'm not saying gold is going to $0, but if you have to pick between gold or bitcoin β gold has a higher probability of going to $0 at this point.
Probabilistic conversation much more interesting than the binary one.
Additionally, many people believe the non-monetary value of gold is important. They forget to mention that gold jewelry demand peaked in 2013 and has been falling since.
Non-monetary value dropping quickly among younger generations.