Today I'm announcing the first build of a new tool that will change DeFi forever.
In a world plagued by scams and rug-pulls, community-run Sybil-resistance is extremely important. ENS blazed this path, but now it's time for the ENS of DeFi knowledge:
Introducing: Lobby Wiki 🧵
this is why I love the idea of Sublime delivering just-in-time epiphanies as a north star: the right information, exactly when you need it. our brains are meant for having ideas, not for storing them.
Human beings have an innate inner drive to be autonomous, self-determined, and connected to one another. And when that drive is liberated, people achieve more and live richer lives.
We will see more products that make owning stocks feel like owning a piece of the company itself over time, whether from existing startups or new entrants. One idea would be to create a digital equivalent of AmEx’s “Member Since ‘00” card for stock ownership. I would love to show off the fact that I’ve owned Shopify since $89 and SNAP since $20... See more
MSCHF bought an original Andy Warhol for $20,000 and made 999 exact forgeries.
They mixed the original in and sold 1,000 pieces that *might be a real Warhol* for $250 each.
That’s $250k 🤌🏼
Here's what they did: https://t.co/XYpyQGRfjH
How it’s going: Now, in the most extreme instances, GME and AMC for example, stocks are gambling tokens or crowd attention barometers and have almost no relationship to the underlying company or business. Valuation is totally irrelevant to the bull thesis and overvaluation attracts shorts that fuel further rallies. Discount rate matters but not... See more
If you stay in your home country, you'll feel less of a noob than if you move to Farawavia, where everything works differently. And yet you'll know more if you move. So the feeling of being a noob is inversely correlated with actual ignorance.