I’ll tell you why Solana Agent Kit by @sendaifun is growing like fire –– the unique flywheel –– and what’s next 🧵 1/ Think of Solana Agent Kit (SAK) as the base layer for any agents looking to deploy on Solana and perform Solana actions –– and completely Open-Source.
Typical 2-sided Marketplace:
— Solana Protocols & AI Integrations [Publishers]
— Agentic Apps built using SAK [Consumers]
Nov 22, 2024 • 16 tweets • 4 min read
Don’t Buy, Earn Your First Crypto.
Here's the only no bs guide you'll need to start earning in crypto — starting with the first $1k, $10k, $100k, and beyond 🧵 1/ Why even work in crypto?
Apart from high pay (e.g. fresher developers get $100k-$200k/year), crypto offers:
–– Inherently Remote and 24/7
–– Portfolio > Pedigree [Proof of work matters]
–– Free range [work for 3-4 projects at a time]
Oct 22, 2024 • 15 tweets • 4 min read
Stripe acquired Bridge for $1.1 billion.
I'll explain why, for a company, you probably never heard of 🧵
1/ Firstly, Stripe is going BIG on stablecoins:
–– Stripe co-founder demo'd stablecoins acceptance on @solana using @phantom, earlier this year.
–– have launched both crypto payout/payins i.e any US merchants can accept stablecoins like USDC and settle in USD
Aug 27, 2024 • 31 tweets • 9 min read
Ethereum VCs have EBOLA.
[Ethereum Bags Over Logic Affliction]
I'll explain how this highly contagious disease started and how you can vaccinate against it.
Mega Thread 🧵 1/ Two weeks ago at @_choppingblock, @hosseeb, and @tomhschmidt from @dragonfly_xyz made a bunch of arguments in an Ethereum v. Solana segment.
Roughly Solana has;
→ Incomplete VC ecosystem
→ Less volume of capital than Ethereum
→ Memecoin chain
→ Starting on Ethereum is like 'starting up' in the US and much more EV+
May 13, 2024 • 31 tweets • 8 min read
VCs hate memecoins but I will explain why there’s no difference between memecoins and governance tokens.
Governance tokens are just memecoins dressed in a suit. Mega thread 🧵 1/ [Chapter 1]: Governance Tokens are Memecoins w/ extra steps.
All governance tokens are essentially memecoins, valued by the memetic provenance of the protocol. Why?
- No revenue sharing (due to security laws)
- Governance tokens don't work well in a community-oriented decision-making framework.
Oct 8, 2023 • 12 tweets • 3 min read
RWAs are hot on the EVM planet & touted as the next big theme in DeFi.💫
However, the RWA narrative is often overlooked in the Solana community.
So, I wrote an exhaustive article (18 min read) to dive deeper into the Solana RWA space and what’s ahead.
An overview 🧵+ essay👇 1/ Simply put, Real Word World Assets (RWA) bring any off-chain financial assets on-chain.
These assets can be anything from Real Estate to Credit, T-bills, Green Bonds, and even commodities like Whisky!
May 21, 2023 • 8 tweets • 2 min read
Tokenized Securities [On-chain T-bills/ETFs] are going strong with over $220 Million Market Cap - almost all in the last 4-5 months!🔥
What's going on in the space - why it's booming, how it works, and what's ahead? 🧵⇩
What are Tokenized Securities?
Think of them as USDC but for publicly traded instruments or 'Real World Assets' like T-Bills, ETFs, or Stocks instead of US Dollars as the underlying asset.
On-chain 'representation' and 'ownership' of Off-chain securities!
May 3, 2022 • 14 tweets • 3 min read
Open Financial Technologies raises $50 Million at a $1 Billion Valuation, and becomes the 100th Unicorn of India🦄🇮🇳
What’s Open? A Billion-dollar Neobank, you’ve probably never heard of!🤔
Let’s decode👇
Open is an SME-focussed Neobank. Wait, do Small Businesses even need a Neobank?
Yes! A huge number of small businesses struggle to maintain multiple bank accounts, manage their daily spending, pay salaries, and so on. The banking experience is even worse for 60 Mn+ SMEs!
Mar 8, 2022 • 15 tweets • 3 min read
CredAvenue becomes the fastest FinTech startup in India to join the Unicorn club in just 18 months🤯🦄
What’s CredAvenue, a billion-dollar Indian startup, probably you’ve never heard of!🤔
Let’s understand👇
An explainer Thread🧵🍿
Founded in 2020 by @gaurav_irma, CredAvenue basically runs a “marketplace for enterprise loans”. For instance, Any time a company needs a loan they can go on to CredAvenue and find a willing lender.
It is a one-stop platform for all borrowing needs of enterprises and NBFCs.
May 24, 2021 • 9 tweets • 3 min read
Zeta (@zetasuite) becomes the latest unicorn at a valuation of $1.45 billion, after a $250 Mn raise from Softbank vision fund II.
Founded in 2015 by Bhavin Turakhia (@bhavintu) who has previously founded and exited multiple billion-dollar startups like Directi, Flock, Media:net, and a few more, along with Ramki Gaddipati (@gramki), who is a BITS Pilani grad & worked with Morgan Stanley and Directi.