Joey Koh Profile picture
15 Oct, 10 tweets, 7 min read
META-THREAD (Luna / Terra)

A running thread of all information, threads & content relating to the Luna & Terra ecosystem. Have seen alot of buzz around it, perhaps for good reason (esp after Columbus-5). Hope this info is useful👍

Thread🧵👇#Luna #Terra
1/

@NicolasFlamelX sets the stage (back in Aug, $LUNA $12+!) for why Luna will🚀moon w democratization of $UST. The algorithm uses arbitrage to ensure a stablecoin peg for UST. To mint new $UST, we need to burn the equivalent in $LUNA... 👀supply

2/

@ZeMariaMacedo breaks down Terra. Hint: it all revolves around ($UST), an algorithmic stablecoin. First step to global usage comes from mutli-chain usage. Then comes the convergence of UST's participation in real-world events. Huge potential here:

The thread in 2/ showcases a number of exciting protocols currently developing sophisticated & leveraged products for yield, tokens and even assets, as well as lending. Many more in thread.

@mirror_protocol
@nebula_protocol
@spar_protocol
@Levana_protocol
@mars_protocol
3/

@RBF_cap's deep dive into the Terra ecosystem is also a must read to get a full understanding of how value accrual looks like for $LUNA vis-a-vis $UST.

Very insightful read here, especially from the lens of a VC investor.

4/

@samchepal explores the differences in the types of stablecoins out there (e.g., USDC/DAI/UST), and hammers home the idea of why algo stablecoins can maintain their peg better than the first 2. $UST growth = $LUNA growth. Burn $LUNA burn.

5/

@Danxia_Capital then elaborates on the impacts of Columbus-5, including support for multi-chain usage via inter-blockchain communication (IBC) to ETH/SOL/DOT and more, better dev tooling, as well as more burning aka their very own "EIP-1559"

Boolish

6/

@Mariobern_ then summarizes some of the threads above & kills it with a great thread stating why $LUNA is still grossly undervalued EVEN after Columbus-5. Also love the pic btw. The future world is one of multi-chain, but excluding Cardano $ADA 😂😂

7/

@Speicherx has graciously compiled a superb list of NFT projects launching on the Terra network, as well as the artists working on there & the marketplaces.

Very strong alpha if you're looking for NFT projects to ape in and mint.

8/

@FOMOcraft spotlights some gems for the current #TerraAutumn with the incubated protocols from @Delphi_Digital, which has the potential to bring the Terra ecosystem up a notch.

Alpha leak 👀

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More from @JoeyKoh_

14 Oct
Mid-Month Crypto portfolio

Made quite a few moves, so wanted to share it for transparency and self-accountability. Main moves:

Increased BTC / SOL exposure
Sold much of L2 tokens on Solana ecosystem
Freed up cash as dry powder
Reduced DeFi activity
2/

I am positioning for a #Bitcoin ETF approval. However, it can still be delayed or rejected. I have spare cash ready to buy that dip if it ever comes.

Bitcoin has been quite the brainless investment, especially for the long-term. ETF talk just reinforces the lindy effect.
3/

I took a hard look at my L2 tokens & wondered: how & why value should accrue to these tokens. They are hardly deflationary & emissions only provide a stable source of selling.

The talk about governance token is also quite hollow. Every token is a 'governance' token.
Read 9 tweets
10 Sep
THREAD: Buying crypto in Singapore.

If you are interested to get into crypto & not sure where to start, look here. Feel free to tag your friends who are also interested. As always:

Do your own research
Be aware of risks
Not your keys not your coin!

Let's go 🧵👇🇸🇬
2/

First we need to define 2 things.

1) Fiat on/off-ramp
2) Crypto exchanges

Fiat refers to $$, USD or SGD. To get exposure to crypto, you can buy a financial product (e.g. CFDs/ futures), which are available on popular brokerages.

This thread will focus on spot tokens.
3/

What are spot tokens? These are actual tokens you own yourself, and can freely transfer them anywhere and to anyone.

Ok, so which are the recommended exchanges for SGD/USD>crypto?
Read 23 tweets
29 Aug
META-THREAD (Solana)

A running thread of all information, threads and content relating to the Solana ecosystem. It's a serious contender to other L1 blockchains & remains my highest-conviction (and largest) position in the crypto space. Hope it's useful👍

#Solana 🧵👇
2/

@SinoGlobalCap a VC company deeply focused on accelerating the blockchain revolution, wrote an in-depth thesis on why they are bullish on Solana (not investment advice).

I'd recommend ALL would-be investors to start with this.

3/

@SinoGlobalCap strikes again w another in-depth thesis on Serum (not investment advice). Serum ($SRM) is a DEX w an on-chain Central Limit Order Book (CLOB) to share liquidity w & across dApps on $SOL

Serum is an infrastructure play on Solana.

Read 15 tweets
12 Aug
Thoughts on Unity's Q2 2021 Earnings:

-Revenues stronger than anticipated
-Operate *accelerated* despite IDFA
-Create gaining market share
-Parsec: remote UHD desktop streaming service, shows strong push to cloud
-Metaverse = shared universe; NOT zero-sum game.

Thread 🧵👇 $U
Here's a Q1 2021 refresher for those interested:

1/ Financials and Metrics

Strong QoQ growth of 17% on revenue led mgmt to raise guidance by 4.5%. Net enterprise customer adds stronger than Q1, showing continued momentum w big spenders. DBNER superb at 142%! Strong metrics all around.
Read 12 tweets
20 Nov 20
1/ Unity: A twitter thread of my fundamental investment thesis in $U.

"Democratize game (app) development by making it more accessible to developers"

When 94/100 of top game dev companies by rev are Unity custs & 53% of top 1K iOS and Android games built on $U...

Read on👇
2/ Sources:
In-depth review by @SeifelCapital: seifelcapital.substack.com/p/unity-softwa…
Their S-1: sec.gov/Archives/edgar…
Their Q3 earnings transcript & presentation, and 10-Q
3/ Unity is an engine for game development, with a focus on interactive, real-time 2D/3D content

A 90's kid, I had the pleasure of playing games that transports you to another world (WoW, Skyrim). I can play for hours upon hours; narratives were so dense with endless adventures Skyrim World
Read 38 tweets
20 Sep 20
Just spent about a day's worth of time to do my due-D of Alteryx $AYX. God I wish AYX can automate it. 🙃

A leader in Gardner's magic quadrant for DS and ML platforms.

This is a thread on $AYX, one platform to automate it all.

Credits to @StackInvesting @hhhypergrowth

(1/N)
We all know the value of data, but very little of us know how to extract insights & derive its value. $AYX is on every stage of a BI project, from:

Prep, Manipulation, Analysis, Modelling, Deploying (my opinion).

Every employee deals with data, & $AYX empowers them.

(2/N)
Their core service revolves around their Designer application. Designer provides the pipeline with which data goes in as input, & insights/information come out as output. With drag & drop items, even employees without any coding/modelling background can deliver insights.

(3/N)
Read 16 tweets

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