Look .. lmao You 3ac boys is raising 25m

In 3d life,I am very fond of gemstones, and lately I had discussion with a fren about how to invest in it, and realised there’s a lot in common between Gemstones and NFTs. So gemstone is what’s called hard asset, it’s portable asset, but first and foremost is personal adornment. It’s a rare personal adornment that people will wear as jewelries, as opposed to investing it. And most people who buy gemstones are not going to make money on them.

For clarify few things up
A thread

1/6 There’s an guy who named Wang has pretended to be a team member of a DeFi derivative project,and he resold and oversold his allocation to some retail investors at a higher rate. And the token price up 60x+ at 1st token release. 2/6 He wanted to keep the profit to himself, so refunded most of the principal back to those retail investors. They are pretty upset because they transferred the principals to him back in late 2019 , which means they’ve missed the whole bullrun .

大概说之下我们@Magicventures1 今年的一些投资逻辑吧. 太远的记不太清了，就从今年夏天的NFT season 开始吧，其实我们当时也是挺焦虑的，但是在很快就冷静了下来,因为这流动性太差了，买入后出手需要很久的时间，还有就是生命周期也挺短的，所以非常不适合我们这种没有耐心，又不能24小时盯着市场的人 所以当时就转换下了思路，投NFT 的一些基础设施: 1.平台代币，但是opensea 还没发币,2. NFT 指数 看了几个指数感觉不合适，3. 剩下的就是储存layer 了. 所以我们当时重仓了AR, 平均价格$6.43, 主要是有几个原因: 1.提供永久储存,2, 市值占比在整个储存赛道很低, 3，当时聊了几个NFT 发行方都是用的AR

there's a mad mad story about how the most notorious crypto mining mafia colluded with gov official in jiangxi, screwed Genisis Mining, led to central gov in china cracking down on crypto mining, and caused the big dump in May 19th. Before I begin , just want to clarify I am not 100% sure it’s true, but the press and news and info mention in the story can be verified, and I post the original link at the end of this thread.

Our investment thesis about Arweave,the most feasible solution to make decentralised data storage gain wider adoption. Now it’s market share and cap still very small, but it will overtake filecoin’s dominance. Big thanks to @jeremyongws helped editing .
egirlcapital.com/portfolio/Arwe… 2) Why we need decentralised data storage? Public chain like Ethereum ain’t design for data storage,the cost to same size of data on it is million times higher than web2 clouding computing & storage service. So normally only BLL and DAL data will stored on the etherum.

We gonna witness a history in bitcoin mining tonight, all mining farms (about 8m kw electricity load) will shutdown at 12pm Beijing time tonight, Harare rate already dropped significantly after sichuan gov announce shut down bitcoins mining farms in Sichuan. Some mining farms already starting shutdown their facilities.

Curve @CurveFinance needs more appreciation and #crv is heavily undervalue.

1.the veCrv competition between @iearnfinance @ConvexFinance and @StakeDAOHQ , they all wants boost up their earnings and increase their APY by purchase and lock more #Crv. 2.Curve’s multi-chain plan
Polygon has bought 1billon TVL and 50M daily transactions volume for curve. if curve deploy on more chains and L2 it will brings more TVL, transaction volume and fees for Curve.