Not because they didn’t raise enough. But because they:
→ Over-optimized for optics, not retention → Built tokenomics without real pmf → Never found true user-product-token sync → Chased a bull thesis that faded fast
Caught up with the @Mixie_AI CEO @MatthewMorgan23 in Vegas - and I’ll admit, after that conversation, I’m even more bullish on where this is heading.
I’ve always believed that founders with real Web2 credentials tend to build more sustainably in Web3.
The professionalism, structure, and execution mindset often make all the difference - and this team reflects that. The CEO is also an advisor to both $ZIG and $WLFI … so I’m not surprised I’m diving back in again - even now at a $14M MC.
The Mixie team has a proven Web2 background and they’ve built out dedicated verticals across media, community, and gaming - this isn’t a one-man show, it’s a coordinated execution machine.
AI × Gaming play… excited to see what they’re cooking next.
So @pumpdotfun raising $1B at a $4B FDV is not just a flex - it’s a mirror of our industry rn.
The market rewarded it because it showed clear product-market fit.
Was it good for the space? Maybe not. But was there demand? Absolutely. And that’s all the market cared about.
→ 11M tokens launched → $700M+ in revenue → Everyone clicked “Buy” → Most knew they’d lose
Nobody was forced. We chose the chaos. Degens got their dopamine, the app got adoption, and VCs took notice.
So now the real question: what’s next?
→ With that kind of raise, they could build their own L1 or L2 → They might leave $SOL entirely → Would Solana survive another mass migration like this?
We’ve seen it before - Solana lost DeGods, y00ts, Helium, even Magic Eden to multi-chain narratives…
But PF wasn’t just a project. It became the engine for an entire meme cycle.
And that raises a deeper reflection:
→ What kind of product do we reward as an industry? → Are we comfortable that the most adopted app is one built on extractive mechanics? → Does short-term PMF justify long-term trust erosion?
Yes, capitalism wins. Yes, markets don’t care about ideology. But ecosystems should.
Because when the music stops and the casino closes, what’s left?
→ For builders: don’t just chase PMF - build enduring value. → For Solana: this is a reminder. No app is too big to walk. → For the space: if we keep rewarding extraction, we shouldn’t be surprised when builders take the loot and leave.
Let’s build better incentives, not just better exits.
Expecting some dumps across solana based tokens for the weeks to come until this launches... and invest thoughtfully if you are going to...
Web3 is decentralized — but we’re not disconnected.
To all devs, traders, founders, investors, and every community member grinding hard: let’s normalise taking a pause without guilt. Check in on your people. Check in on yourself. You’re building the future, but don’t forget to care for the present you.
This Men’s Mental Health Week, remember: your brain is your greatest asset. Markets can crash, but your value is rock solid. Let’s BUIDL something stronger — starting with each other!
$SUI just probably had its biggest NFT mint to date
@Claynosaurz sold almost 100,000 packs for their popkins collection for $20m!
It’s not just the numbers that stand out. It’s how it was done:
→ Programmable refund logic (unsuccessful mints will be auto-refunded with points in 2 days) → Onchain asset storage via @WalrusProtocol → Fast finality using Mysticeti → zkLogin for wallet-less onboarding → Seamless experience with Phantom bridge support
This was a major test for Sui’s infrastructure - and it held up!
For Claynosaurz, it was more than a drop. It was a step toward building cross-chain IP, evolving their ecosystem while expanding access to new users.
No hyperbole here. Just a data point worth watching.
Because moments like these give us a glimpse of what scalable, consumer-facing Web3 could look like when done right.
$SUI just probably had its biggest NFT mint to date
@Claynosaurz sold almost 100,000 packs for their popkins collection for $20m!
It’s not just the numbers that stand out. It’s how it was done:
→ Programmable refund logic (unsuccessful mints auto-refunded with points) → Onchain asset storage via @WalrusProtocol → Fast finality using Mysticeti → zkLogin for wallet-less onboarding → Seamless experience with Phantom bridge support
This was a major test for Sui’s infrastructure - and it held up!
For Claynosaurz, it was more than a drop. It was a step toward building cross-chain IP, evolving their ecosystem while expanding access to new users.
No hyperbole here. Just a data point worth watching.
Because moments like these give us a glimpse of what scalable, consumer-facing Web3 could look like when done right.
I am utterly appalled and heartbroken by the horrific murder of Sana Yousaf - a bright 17 year old taken far too soon, in what should have been the sanctuary of her own home.
This tragedy is not just about one life lost; it exposes a society that has failed to guarantee safety for its women and girls. Sana’s dreams and future were stolen by senseless, cold violence that should never be tolerated. Our youth - the future of Pakistan - deserve safety, respect, and a voice that is heard and protected.
To those in power: this case demands more than words. We need immediate, transparent justice and urgent systemic reforms to end the culture of impunity that allows violence against women to continue unchecked. Most importantly, we must create a cultural shift so no woman lives in fear in her own home or community.
My prayers are with Sana’s family and all mourning this unbearable loss. We owe it to Sana, her family, and every woman who has suffered - to fight harder, speak louder, and demand real, lasting change.
First this guy burns millions in high leverage trades like money means nothing to him
Then proceeds to ask for donations later today
Now gambling with the donated monies again and tweeting shit like "Money isn't real" like he had some philosophical awakening
Let’s be real: → This isn’t counterculture. It’s irresponsibility masked as enlightenment. → If money isn’t real, why are you asking for it? → If losses don’t matter, why don't you burn $100m more?
It’s cool to be unfiltered. It’s not cool to make recklessness a brand.
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