Ashwath
@ashwathbk
village idiot @Delphi_Digital | Tweets and opinions are my own
After a year's hiatus, I finally published something to my personal blog Here's my thesis for why we're about see a new era of market behavior and structure Retail is here, and they're going nowhere in the long-term marketpsycles.com/a-new-era-of-f…
Self made crisis. 1) Jumping headlong into EV without the building blocks in place for manufacturing, batteries or charging 2) ethanol blending that corrodes good petrol engines 3) policies like in Delhi where fuel is denied to perfectly good “old and dirty diesel” vehicles
Sources say @PMOIndia likely to hold key meeting on rare-earth magnet crisis today . Meeting is likely with key stakeholders in afternoon today #RareEarthMagnet
Most Indian VCs only want to invest in consumer companies that cater to the top 10-15% of the population or SaaS businesses And then they wonder why we are failing to keep up in frontier industries
A robotics founder struggles to raise in India but 10 beauty / protein powder /etc brands get funded in the meantime — ground reality. Like it or not. Hoping this changes sooner than later. 🤞
Are we learning that Pump Fun doesn’t actually have a moat after they raised $1.3b? Or perhaps that the $1.3b is their moat?
I hope the next generation of L2s think more deeply about the protocol growth <> token flywheel Funding things with native tokens is necessary, but relying on the token to solely be a funding mechanism for ecosystem growth is lame No L2 tokens seem investable today
$3b raise for a crypto treasury company that buys crypto treasury companies
Circle could never
Done. We blocked (in collaboration with law enforcement) the 85,977 USDt stolen.
It was always likely that ICO participants that were looking for a quick flip on $PUMP post-TGE would likely be caught off guard. It seems to me that these participants have experienced significant churn within the first week of the token launch, and have capitulated to longer…
The fellas at Brahma have consistently been the most product and user focused builders i've interacted with in crypto Huge W, and excited to see them get a step closer to their vision of building the go-to interface for the onchain world
Crypto unlocked programmable capital. TradFi still owns the payment rails. Brahma is changing that, building the backbone for Internet Finance. Credit cards are just the first step. First in action: Swype.fun Comment "SWYPE" | Access codes DM'd at random. Brahma…
Crypto treasury strategy SPACs are the potential dark horse for manic price degradation this cycle, simply owing to the fact that most of the people running these companies will not have the same level of discipline and belief that Saylor does
The “everything app” is a key missing piece to simplifying crypto user journeys and onboarding But imo to maximize for success and reach, it can’t be tied to a specific ecosystem and needs to be chain agnostic/multi chain
It’s one wallet with: - Mini apps - Social media - Shopify integration (including brick-and-mortar) - $USDC yield - Creating and monetizing games (@RemixGG_) - Prediction markets - Natural language trading via @bankrbot $BNKR - P2P payments - Encrypted chat
In a similar vein, study Indian VCs shunning crypto en masse in the aftermath of FTX (2023) Study the dawn of regulatory clarity, crypto M&A from trad firms, and widespread acceptance that this tech is critical to future system rebuilding (2024/25) Study not being a follower
Most Indian VCs only want to invest in consumer companies that cater to the top 10-15% of the population or SaaS businesses And then they wonder why we are failing to keep up in frontier industries
Fun tweet, but friendly reminder: - Liquidity network effects are real and directly impact UX - Issuance of assets people want to trade/use is real - User mindshare and app developer mindshare are real - Studying what users want and taking their feedback seriously is real
I would like to announce that I am leaving Cosmos. Every investor in the world has told me Cosmos is cursed. Only now do I understand why. Somehow, as soon as I said “Cosmos,” I was poor, instantly, and all my money had been transferred to a group of validators. When I was in…
Why are you, as a grown man, buying an ICO to sell at a 20% profit? Grow up and believe in something
Hyperliquid and Pump are two onchain products that probably have the deepest distribution, so they don’t really need incentives The point of incentives is to drive user acquisition and deepen distribution Most generic incentive programs fail to really achieve this objective…
In hindsight, exchanges not listing $HYPE backfired spectacularly. By forcing users to bridge and actually use Hyperliquid for exposure, they created a reflexive loop where: → Users realized the product is genuinely better than CEX and started using it beyond getting $HYPE…
Is $PUMP set to become the most hated rally? A valuation analysis of Pump Fun and what to expect from launch. 🧵
The $PUMP public sale starts in 24 hours. We have written the defacto pump.fun report to be ready. RT and comment your launch predictions below and we'll DM you the report. Only available for the next 24 hours. delphi.link/PumpFun1
Highly anticipated, pre mainnet, pre TGE projects -- i am begging you to pour fuel on the fire with haste