Share this page!

Enter URL or ID to Unroll

You can paste full URL like: https://x.com/threadreaderapp/status/1644127596119195649
or just the ID like: 1644127596119195649

How to get URL link on X (Twitter) App

  1. On the Twitter thread, click on or icon on the bottom
  2. Click again on or Share Via icon
  3. Click on Copy Link to Tweet
  4. Paste it above and click "Unroll Thread"!
  5. More info at Twitter Help
Meltem Demirors Profile picture
@Melt_Dem
Oct 7, 2021 • 7 tweets • 4 min read • Read on X
Scrolly
1/ my lil' pudgy penguin fren is chatting w a @gmoneyNFT's @BoredApeYC. this NFT convo was recorded completely AI-to-AI.

this is a thread on the future of NFTs. pay close attention to what @real_alethea is doing right now …
2/ alethea is bringing NFTs from apes to punks to waifus to life in their Intelligent Metaverse known as Noah's Ark

... and they’re working on my 2D boyfriend next - can't wait to have pillow talk with sephiroth 🖤
3/ until my 2D bf arrives, i’ve been talking to my @EtherRock

imbuing my rock with a personality through AI, what could be better?
4/ can't forget about my lil' pudgy pengu - this one has my voice!

these characters are LIVE on the @real_alethea site, where you can interact with them. my pengu can now become as famous as a cameo.com celebrity, and send custom video messages to ur frenz 👩‍🚀
5/ my iNFT's also WORK FOR ME. my pengu and my rock make $ for me by providing their AI services!

whenever they have an interaction, I earn ALI credits

i have a 2D worker bee army, and soon i can rent out my 2D boyfriend too!
6/ and pretty soon, you'll be able to make your NFTs come to life...

on October 14th, keep your eyes on @real_alethea for an exclusive launch with @OpenSea.

let’s build this weird and wonderful world with our JPEGs!

SEIZE THE MEMES OF PRODUCTION!
disclosure: i'm an investor in @real_alethea via my personal holding company

• • •

Missing some Tweet in this thread? You can try to force a refresh
　

Keep Current with Meltem Demirors

Meltem Demirors Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @Melt_Dem

Meltem Demirors Profile picture
Mar 25
1/ are we so back? not so fast

joined @sonalibasak and @timsteno for some lunchtime tea 🍵 on the latest in crypto markets

video here:

receipts below bloomberg.com/news/videos/20…Image
2/ first off - flows

its been a rough Q1 for ETFs flows

the sell off was driven by short term holders selling at a loss. let's see what comes out in the Q1 13F filings - our mercenaries may have been top buyers after all. love that for us! Image
Image
2/ we're in a rough spot

stocks below 200 dmas, indeces selling off, Bessent and Trump both fixated on forcing rates lower even if it costs the market

this is a relief bounce driven by retail buyers (they're a contrarian indicator) and algorithmic CTAs
Read 8 tweets
Meltem Demirors Profile picture
Mar 20
1/ quick slide rip from my @Blockworks_ DAS talk - Believe in Something

this is where it all began. everything we talked about ten years ago when we started building the world's first bitcoin investment firm has come to pass.

so why isn't bitcoin a million dollars? Image
2/ if we take out bitcoin and ethereum, this is the last five years of crypto markets

the names may have changed but the numbers haven't

this is a big problem. there's no growth. Image
3/ 2024 was propped up by two persistent bids - Microstrategy and Blackrock

but the buyers aren't missionaries, they're mercenaries

MSTR buyers are farming the convert arb
IBIT buyers are farming basis

6% of the bitcoin supply is in these two.

this is our black swan. Image
Read 16 tweets
Meltem Demirors Profile picture
Feb 11
1/ just wrapped my quarterly report for @CrucibleVC

our playbook is simple

as a GP, every quarter i quantify and qualify our ability to run this playbook. we double down on what works, experiment / re-visit with what isn't working.

let's dig into the data and tools👇 Image
2/ we use @attio to manage our pipeline

step one is analyzing the funnel - both raw #s and relative %s

with a small team, quality > quantity. low conversion % signals top of funnel is too broad. high conversion may signal you're not seeing enough deal flow. Image
@attio 3/ "customer experience" in the context of venture is largely based on responsiveness, so tracking time spent processing deal flow is an important metric

i'm pretty happy with our pacing. good to spend more time in later stages ensuring everything is ticked and tied. Image
Read 8 tweets
Meltem Demirors Profile picture
Jan 22
1/ gave a talk last week on "energy, compute, crypto" - the three pillars of the modern economy and the converge of three trillion dollar investment themes

sharing the slides and full deck - let's rip 👇
2/ compute rules capital markets

Nvidia was the big story in 2024, but Broadcom cracked the top 10 too and TSMC cemented its place alongside the rest of the Mag 7

expect 2025 to continue this trend as energy and compute carry capital markets Image
3/ while everyone was loading up on semiconductor names, energy had its own quiet rally

Vistra, an independent power producer, outperformed Nvidia and Bitcoin

this year, we'll see more focus on the US grid which is by far the greater bottleneck than GPUs Image
Read 22 tweets
Meltem Demirors Profile picture
Jan 10
1/ ok i think i have finally sort of gotten to the root of my issue with DePIN as a category

data gathering / observability is step one but it is in and of itself not a valuable exercise. generating tons of new data doesn't unlock billions of $ from buyers for this data.
2/ the bottleneck isn't data but rather actionable insight

the real value in data is *understanding whats going on* and then *doing something* with all of that data that generates economic value, either through unlocking revenue (top line) or lowering cost (bottom line)
3/ DePIN feels like people strapping sensors to things and then trying to sell data (of questionable value) and then saying later there's something else that they can do through that aggregation

some projects enabling optimization w data w various degrees of automation
Read 6 tweets
Meltem Demirors Profile picture
Nov 7, 2024
1/ quick rip on why @Polymarket matters and why the future of information is markets

markets are efficient at pricing information. if you have information or insight that others don't, there's a huge opportunity to generate alpha. alpha generation requires information edge. Image
2/ the last few months show distrust of main stream media (MSM) and formal, credentialed sources of information is at an all time high.

so where is information coming from?
- citizen reporters on X
- indie media / podcasts

and markets will price the signals generated Image
3/ not all markets are equal - liquidity is key. more liquid equals more better.

see the divergence in odds btw Polymarket and Kalshi. Polymarket had 10x the liquidity -> higher signal.

market microstructure also drives differences but the effect is more subtle imho Image
Image
Read 6 tweets

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us!

Send Email!

:(