Do you know what's the rare beauty of $AVM launch?
People being loud about it and telling you they bought -they actually did
Strategic round was very tight, smaller tickets and mostly directed towards key figures that aim to get this @avm_codes to the next level in longer term - that includes me too as person that incubated the project for launch and aims to help to scale it
How many influencers do you know are actually talking about the projects because they really believe in them (due to vision, value prop, product etc.)?
Not talking paid deals (which is not wrong to be clear, that's how you also get more eyes on niche projects at start, it's quite crucial in most cases), but sheer belief (and obviously properly sized bags, as you expect from conviction bets)
I'll start with biggest high conviction bull out there in the space: $BTC - @saylor "There is no second best"
This is one of the OG sketches for my character and community that was done in 2021 showcasing a student coming to learn more
Were you around back then? What was your focus back then?
It used to be BNB season back then, DeFi Summer, farms & staking, insane ponzi APRs, PvP levels with low level weapons (tools)
Mine was @DeFiKingdoms - I have discovered it when the JEWEL token was sub $1 and rode it all the way up to $20+ while farming various pools on insane %APY
I wish I could tell you to fade Bittensor $TAO and the subnets, but I can't.
Most of the supply remains staked, and liquidity on exchanges tends to be shallow at times (creating great opportunities for well placed stink bids)
It is still early stage for the network imo, and most of the people still do not get how it works at all. I've met people that have been in this space for years, and they were not aware of its existence even.
You cannot capture an audience for longer, if the story you are telling is not sufficiently compelling
How many times did you see a ticker being hyped, but when you have a look you have zero idea wtf is it all about and you decide to skip it, or worse ape it only to realise shortly after it's just a LARP and you've been an exit liquidity
Many start-ups fail to realise this when they use complicated tech talk instead of making it simple enough for you to understand (LARPS especially), then they wonder why nobody sticks around longer than a quick game of roulette (but hey, LARPS will still outplay you, since the game is rigged from start, especially if KOLs give them enough traction to win you over)
Seek start-ups that want you to understand what they build or value they are creating and they wish for you to be a part of that movement, instead of laser focusing on the price going up, regardless how technical they are - thats how you can build conviction and increase the asymmetry, especially with LowCaps