Why I decided to stake 50k ($150k) $DAO for 3 years?
Thread ๐งต:
1. First of all, I remember when I started investing into ICO projects in 2015, whole crypto market was totally different place.
2. My first investment was DigixDAO $DGD
NO VCs
More than 80% of all tokens went to ICO investors.
It took 48h to sell all tokens ($5m).
In that time that was big surprise.
Media from all around the world were writing about them.
3. I thought that for the first time in whole financial history everyone will have the opportunity to invest in great companies at an early stage but.. time has shown how wrong I was.
4. Most of you probably remember 2017 ICOโs mania.
Investing in every ICOs was good strategy because most of them gave great investment results. Whole world felt in love with new way for raising money.
5. However, the market back then was totally different than it used to be in 2015. Less tokens for public investors, best deals were reserved for VCs and suddenly the worst happenedโฆpublic investors became exit liquidity for venture funds.
6. Almost 5 years have passed since then and you know whatโฆit gets even worse. Retails are fed like ducks with terrible investment deals and we humbly take what they give because their marketing convinces us to do so.
7. We need a change and it can come from the site of well-designed launchpads and DAOs.
8. Step App $FITFI is an example of how a project without support from VCs can achieve huge success in a short time (in this case) thanks to @TheDaoMaker
9. In just over a month, they created a community of over 100,000 followers on Twitter.
Moreover, after entering the market, they achieved a volume of several dozen million USD/24h
Finally and most importantly, the best investment deal has been reserved only for the community
10. All public ICO investors are sitting on huge gains - right now more than 12000% (>120x).
11. So can we imagine a future without VCs?
From the investors' point of view... HELL YEAH!
From the perspective of the projects that are sarching financing...I also believe that it is possible but they need good partner and i think that #DAOMAKER $DAO is a perfect choice.
Access to huge crypto communities,
Token economy advising,
Listing on exchanges is much easier,
Wallet scanning technologies which helps in choosing the right investor profile (ex. defi investor, strong holder, nft collector),
KYC and AML affairs.
13. To sum up, it feels good to bet on a product that is, in my opinion, so much needed on the market in the long term.
In terms of the idea and the manifesto, it is very close to me.
14. In financial terms, it will probably turn out over time but since I staked my $DAO, I've already won two allocations.
For example, my whole $FITFI alocation (with vesting) is worth more than 200k USD.
What's more, every day I earn approx 34 $DAO (80-100$)
15. What more can I add more ... LONG LIFE FOR COMMUNITY ICOs and INVESTMENTS!
โข โข โข
Missing some Tweet in this thread? You can try to
force a refresh
It's been over a week since #FUD and #fear started in the #terra ( $LUNA ) ecosystem - $MIM drama.
Despite this we only had ONE DAY in which the amount of $UST disappeared from circulation. Every other day caused an increase in the supply of $UST and the burning of $LUNA
Why?๐
All previous algorithmic stablecoins have collapsed - #TRUE !
..but no one talks about why they fell.
The answer is NO UTILITY!
@terra_money main task is to create an ecosystem that will be encouraged by utility. This is the main task for the coming years.
We broke the $UST peg
NOT because of the $LUNA price, but because of people's fear and temporary escape from $UST caused by $MIM fear.
The larger the $LUNA ecosystem -> greater protection -> the more stable the system is.
$LUNA generates value from the growth of the Terra Ecosystem. So the more demand for $UST the more value Luna gets. The protocol which generates the biggest demand for $UST is without a doubt @anchor_protocol with TVL over 10 bln UST.
3.
Letโs start with how the @anchor_protocol works right now. Anchor is a protocol where you can earn on your $UST and you can borrow $UST using your $LUNA or $ETH as collateral.
Short: Itโs a P2E guild
Long: Players from all around the world can join the guild, play games and earn with their support. They get all necessary equipment at the beginning but have to share profits with the guild. As far as I know right now itโs a 50%
2/
2. Why are guilds important?
My thesis is that P2E guilds will be the best โon rampsโ for new users. They help new players with understanding crypto specifics: create wallets, sending transactions and with initial investment.
3/
โ You probably heard about it but READ THIS TWEET TO THE END! YOU WON'T REGRET!
1/ First of all, INVESTORS!
Peter Thiel - LEGEND
Sam Altman - SV LEGEND @coinbase Venture,
Few members of the founding team at Paypal.
.
.
and others super, legit and strong partners. Check here:
WHY @wavesplatform $WAVES should be on your radar and why I believe that it is one of the largest and the shiniest #gem on a #cryptomarket?
(0/11)
1) Huge amount of #BTC (30k?)from ICO which are big financial cushion for such a large company. Hardly anyone knows, but they also rised about 140 m USD from private company in Dec 2018.
Even if the bear market will stay 5 more years they have enough money to survive.
(1/11)
2) @sasha35625 is great leader. His marketing skills along with great #waves technology are one of the most important factors why i will be hodling $waves to the end of the world and one more day.