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mhonkasalo
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Prediction markets with the same trading UX and quality as e.g. Bybit.
Excited for the day the products reach that level of maturity.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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mhonkasalo
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Suppose Uniswap didn't have a token. If they could choose IPO or ICO route, the IPO would do better price-wise (as they'd get a portion of Circle's flows). Trad markets simply aren't oversupplied like the token markets are. Easier to create "bubble" valuations.
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Onchain is where price discovery will happen for equities, commodities, tokens, & everything else. Long-term this is clear no matter what (stupidity) happens in the interim.
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High inflation is good for treasury ponzi because even if your revenue is just nominal (=token issuance), in the market you can pretend it's real & assign a multiple to it. This is the power of crypto.
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Quality of the REV discussion just indicates what a soft market crypto is. Be happy you were early.
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SOL performance over the past few weeks is quite mediocre considering how much public buying there has been from the treasury accumulators (& others).
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