Bruno F | Magna

After spending five years in AI and five years in crypto, I have way too many friends that are retired in their 30s lol

Seeing an explosion of clients looking to issue tokens out of the USA

I expect the Circle IPO to do well as a way for investors to make a directional bet on Stablecoin adoption growth

Kidnapping in vegas, one guy tortured in downtown manhattan, Ledger founder kidnapped in Paris, another exchange founder's family member attempted kidnapping in paris 😬

Stay safe out there at these crypto conferences...

https://www.yahoo.com/news/teens-allegedly-kidnap-las-vegas-093000329.html

The @bonk_inu dog so big you can see it from space 🤯 #solanaaccelerate

The @bonk_inu dog so big you can see it from space 🤯 @SolanaAccel

The @bonk_inu dog so big you can see it from space 🤯 #solanaccelerate LFBonk

Credit cards: 2.9% Fee
Crypto: 4% fee + 1% spread

Not sure I like the new generation of fees

Credit cards: 2.9% Fee
Crypto: 4% fee + 1% spread

Moving in the right direction?

Had a crypto investor say they’re pivoting to investing in robotics to get away from scams and boy do I hate to have to break it to them 😂

I thought "DeFAI" was the worst crypto term I ever heard until I saw "RWAiFi"

It sees like every new category in crypto always comes in 2s:

Move (Aptos and Sui)
Fast EVM (Monad and MegaETH)
Privacy L1 (Aztec and Miden)

TIL that if someone gives you an ATA address to send tokens to in Solana, wallet UIs will swap in the wallet address in its place and briefly make you freak out and wonder if you sent the tokens to the wrong place

TIL that if someone gives you an ATA address to send tokens to in Solana, it will swap that out with the wallet address and briefly make you wonder if you sent the tokens to the wrong place

A lot of teams ask me about if and when should they launch a token. Four criteria came to mind while I was noodling on this on the plane:
1) The token is inherently a part of the product usage, or at least has solid token mechanics (aka a reason for it existing)
2) you can build a cult-like, high-quality community that is engaged actively and long-term
3) You are on track to make 8 figs of revenue (ideally on-chain revenue), to potentially be able to do token purchases or have the DAO earn fees
4) The product has massive usage/adoption, and you can layer on token incentives/rewards/etc

(This excludes meme coins and tokens launched for fun or testing)

I Feel like teams should should have at LEAST two of these absolutely rock solid before launching a token. Anything missing here?

Reasons that I think are BAD:
1) We are launching the token hoping that it will improve our profile and drive product market fit
2) Our investors told us to
3) We have market makers that can pump the price no matter what
4) The token is bolted-on to the product (e.g. you have to or can pay in the token... which is a pretty lame hook by itself)

Dubai Token2049 week was extremely high ROI for me and our team!

(If you think “conferences are useless”, you’re doing it wrong IMO)

More crypto founders should be like Diogenes