Trading the metagame

Crypto is an asset class that rewards participation in the Great Online Game. The fastest way to understand what’s legit and what’s not, and which coins people are going to buy and which they’re going to ignore, is to spend time participating and learning online. The right Discord or Twitter follow is a massive source of alpha.

Mental Models
1) First Principles Thinking Take the time to learn the basics of any concept that you start to learn to deconstruct any complex problem into simpler subparts and build your understanding from the ground up. 2) Feedback Loops Reinforcing loops are of two types, positive and negative. As the name suggests, positive feedback loops posit... See more

Matt Huang, a prominent investor, spoke for many crypto fans when he said on Twitter: “Crypto may look like a speculative casino from the outside. But that distracts many from the deeper truth: the casino is a trojan horse with a new financial system hidden inside.”

The proliferation of crypto guilds, communities and esports leagues around these earn-first games are evidence that earning opportunities are key to these games. Guilds like YGG and Merit Circle (which just raised $100m+) only exist and are trading at large premiums because of the earning opportunities that are offered within the earn-first games t... See more