Well, we made some noise and I feel that it is the right time to explain our #vision, workflow and #investments thesis. Our vision is to be a leader of every liquid / investment / MM / Institutional niche in the #crypto and #web3 industry. It leads us to take care of our… twitter.com/i/web/status/1…
1. Main investment target is #Layer1/#Layer2#protocols. Investments and cooperation with such projects help us to reach a lot of promising early stage and super early stage projects in order to find brilliant investment #opportunities.
3. Investment philosophy and value proposition - we actively support our portfolio projects in terms of a wide range of their needs. In general - market making, liquidity provision, PR and marketing, fundraising, business development and partnerships, exchange listings and… twitter.com/i/web/status/1…
4. Evaluation process - Important points are market narratives, #community size and engagement, project’s vision and team, technology, exchanges (if a project is listed) and market data. Based on a project’s score we adjust our check size and conditions of a potential… twitter.com/i/web/status/1…
5. How and when we #invest - we invest in pre-seed and #seed stages, usually with #SAFT. We also invest under vesting schedules and lockup periods or by tranches, if a coin is already listed and tradable. Along with investments we usually bring additional support, that will be… twitter.com/i/web/status/1…
6. #Custody and Inventory management - we store almost all of our assets on CEXes because of security reasons and capital efficiency (we can use coins as a collateral for trading) + sometimes we share a risk with projects and do market making using our own inventory.
7. #Risk management - We never invest in any #NFT, we adjust our investments based on a counterparty risk and we never store too much funds on on-chain wallets - there are too many cases when market makers and funds got hacked, and we don’t want to be one of the victims.
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Well, time to explain what we do with coins and why we deposit most of them on exchanges. Even #floki holders believe that we dump all the purchased coins, because we bought 81B #floki from and send them to exchanges. We just sent 57B floki to the on-chain wallet. @RealFlokiInu
The rest sit across exchanges, because as MM we must provide liquidity 24/7. Link to the wallet, feel free to check. bscscan.com/address/0x073A…
Frankly, the most dumb thing that #MM could do is to leave all the purchased/burrowed assets in the #wallet. Because MM should create markets, provide #depth, improve order execution instead of doing nothing and waiting when the market is skyrocketing to execute its call options
Market making (#MM)- it has three main parts: Market #depth - we add more #liquidity on bid and ask side across exchanges where a token is listed on. Spread - we reduce the spread between the best bid and ask offers by adding more quotes around the middle price in the order book.… twitter.com/i/web/status/1…
#PR and #marketing - the most powerful tool to boost projects on the #crypto market. We support projects with everything from #media to KOLs, and we can act as an outsourcing marketing agency (spoiler - we will extract our marketing department to an independent company very… twitter.com/i/web/status/1…