Why I personally like $RNDR @RenderToken with some macro views in the 🧵👇- as always please DYOR.

TLDR:
1. crypto/web3 continued growth and adoption
2. shortages of GPUs
3. Increased GPU demand
4. #Metaverse growth
5. AI and Machine Learning
6. Integrations $SOL, $BRAVE, ETC.)
1/ won't go into detail of crypto/web3 continued growth and adoption. $RNDR has a working product that provides utility to various market participants. As crypto grows, $RNDR should grow with it 💗

Oh yeah, also #NFTs (👀who uses @RenderToken)
2/ GPU Shortages: In an interview with Yahoo finance, Nvidia CEO Jensen Huang shared his outlook "I think that through the next year, DEMAND is going to FAR EXCEED SUPPLY. We don’t have any magic bullets in navigating the supply chain," he told Yahoo.

pocket-lint.com/games/news/nvi…
3/ GPU Demand: see above, also....

"In 2020, the global graphics processing unit (GPU) market was valued at 25.41 billion U.S. dollars, with forecasts suggesting that by 2028 this is likely to rise to 246.51 billion U.S. dollars" 👀

statista.com/statistics/116…
4/ Companies are diving into the #Metaverse including Facebook (now @Meta), @Roblox, @TencentGames, @Nike, @adidasoriginals and so on... $RNDR is literally going to be a foundational compute layer that helps bring the #Metaverse to life

euronews.com/next/2021/11/2…
5/ I suspect that in the near-mid term the @RenderToken network will be able to process other types of workloads such as AI and ML

forbes.com/sites/louiscol…
6/ $RNDR @RenderToken has been working with and can be complementary to @solana $SOL (allowing different types of computation as well as providing $SOL validations and $RNDR compute), @decentraland $MANA (#Metaverse), and @brave $BAT (backend for ads in #Metaverse)
BONUS/ any one of these macro views (alone) is a solid investment thesis...

with $RNDR you aren't betting on a single horse, but instead are betting on a war chariot pulled by at least 6 super strong horses. Check out their medium, check out their advisors, DYOR

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More from @CRYPTOcounselo2

26 Aug
1/9

@sentosumosaba - I completely agree, I would love it if @GaryGensler would explain the supposed "clarity" he touted at the Aspen Security Forum based on the growing twitter fire. Gary, have you seen the posts by @digitalassetbuy lately?
2/9

@GaryGensler - here is a link to a video of your comments if you've forgotten you said "I actually think there is a FAIR AMOUNT OF CLARITY"

3/9

In that video, you also say "the probability is quite remote that with 50 plus tokens, that none of them are securities - it just sort of belies the arithmetic that I've learned and how I learned to think about probabilities at @MITMath"

Fair enough - but conversely...
Read 12 tweets
25 Aug
1/n

Some additional interesting clips from Consensus 2019: Perspectives on SEC Engagement concerning digital assets.

Full video below, but comments and thoughts in following thread.

2/n

Note that the participants include:
1. Amy Starr (Chief of the Office of Capital Markets Trends in the Division of Corporate Finance of the @SECGov)

2. Dorothy DeWitt (General Counsel - Business Lines and Markets at Coinbase)
3/n

Also note that Amy gave her "these are my personal views" disclaimer - I'm trying to figure out when any of these officials at the SEC ever discuss views of the agency, perhaps the agency has no views
Read 14 tweets

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