iamyourchaos

Binance Wallet TGE - Binance Contract - Binance Spot Listing Path Analysis
Binance Wallet TGE - Binance Contract - Binance Spot. Through this path, the Binance projects listed include:
$SHELL
$BMT
$PARTI
$STO
$HAYPER
and so on.

Based on the above facts. From the perspective of 'people and relationships', $FHE is likely to have a good market performance next:
Binance Support: First, @mindnetwork_xyz is the exclusive TGE for Binance Wallet + Binance Contract listing + YZi Labs investment. It is the kind that has already been included in the key observation list, just one step away.
Token Lockup Incentive: Secondly, the team and investors have a token lockup period of 12 months. Before the tokens are unlocked, they aim to maximize market value and community volume, which aligns with their interests.

Setting aside the above inferences, from a fundamental perspective, Mind Network is also currently the leader in fully homomorphic encryption (FHE) + AI track. The four pillars of AI, data, computing power, algorithms, and security, are all trillion-dollar markets. Mind Network is leading the future of cryptographic computing by achieving quantum resistance and fully encrypted data and AI computing.

Virtuals Genesis Launch: The 'Third Path' of Token Issuance
Virtuals Genesis Launch (hereafter referred to as VGL) proposes a 'third path' between high FDV venture tokens and chaotic meme tokens, opposing the traditional VC-driven tendency towards capital centralization while resisting the financial nihilism represented by meme tokens. It seeks a balance between capital efficiency, technological innovation, and community governance.

Dual Critique of Anti-VC and Anti-Financial Nihilism
Anti-VC
VGL issues AI tokens with a fixed low FDV ($112,000 VIRTUAL, approximately $220,000), challenging the capital logic of high FDV token models. High FDV typically involves VCs locking in large amounts of tokens early, leading to limited circulating supply, increased price manipulation risks, and marginalization of community participation. VGL's low FDV strategy aims to enhance community sense of participation and ownership through decentralized token distribution, while reducing the distorting effects of capital concentration on project governance.
Anti-Financial Nihilism
In contrast to the speculative drive and vacuity of meme tokens, VGL focuses on 'small but beautiful' AI-driven projects, emphasizing technical core and practical utility. VGL attempts to provide a theoretical framework for fundraising and community building for technology-driven projects in a market environment suffering from liquidity exhaustion.

Case Study: The Path Evolution of @BasisOS
The team behind BasisOS, Logarithm Labs, has been dedicated to DeFi protocol development since 2023, initially focusing on LP optimization with the LSDFi protocol, aiming to reduce impermanent loss and enhance yields through algorithmic design for Uniswap V3 LP. However, constrained by market attention and funding support, the project stagnated in November 2024, and the team even paused the X update, with the last released content being a technical discussion on on-chain perpetual contract DEX.
In April 2025, Logarithm Labs announced the launch of the token $BIOS and completed financing and community restructuring through VGL's low FDV issuance mechanism. This process not only represents a breakthrough in funding but also allows BasisOS to:
Reconstruct community incentives
Refocus on technical value
Reshape market signals

In summary, VGL's core lies in balancing the tension between capital efficiency, community governance, and technological innovation through a low FDV and technology-oriented filtering mechanism, providing a transformation paradigm for technology projects from capital dependency to community empowerment.
However, its limitations are also worth noting: low FDV may restrict the project's long-term capital reserves, and the decentralized nature of community governance may face efficiency challenges due to rising coordination costs.

Virtuals May New Project Summary:

@burnieio $ROAST:
Oversubscription 1696%
Peak 40x increase
Positioning: Code auditing / AI agent for critiques.
The FOMO point is that $ROAST ranked in the top 10 of the Virtuals hackathon, ensuring its technical capabilities.

@whimdotbet $WHIM
Oversubscription 1008%
Peak 30x increase
Positioning: Live streaming-based real-time betting/prediction tool.
Similarly, the team has a solid technical background, having won multiple Ethereum hackathons.

@itsgloria_ai $GLORIA
Oversubscription 686%
Peak 25x
Positioning: AI-driven data platform providing real-time, highly curated, customizable news data.
The team behind it, Crypto Briefing, is a leading independent news and media company, focusing on the crypto sector since 2017.

@RWAIAgent $RWAI
Peak 10x, has dropped significantly. No analysis will be done.
The parent company is @RWA_Inc_ and has already issued tokens.
Teams that already have a parent token generally aim to exploit investors. Stay vigilant.

@niyoko_agent $NYKO
Oversubscription 716%
Peak 22x
Positioning: Aims to accelerate and incentivize AI innovation by promoting the development, selection, and rapid tokenization of “AI creative components” (such as models, workflows) in collaboration with humans.

What stage is the Virtuals new project at?
Let's put it this way, the highest subscription funds are from @burnieio, whose official Twitter has less than 3000 followers.

Go where there are bubbles and premiums. The “premium” in Virtuals new projects lies in:
① The current stage of AI products being unfalsifiable: Investors find it difficult to accurately assess the long-term value of AI projects, but their potential disruptiveness has triggered strong FOMO emotions.
② Virtuals brand premium: The Virtuals Protocol has established a high level of brand trust through hackathons, technical screenings, and ecosystem building.
③ General diamond-handed behavior brought about by high barriers and sunk cost effects.

Work hard to earn some points, everyone.

Tonight at 8 PM Sidekick resumes broadcasting. Program:

1/ Recent Dog Fighting Strategy Review
2/ Virtuals Genesis Launch - Why recommend? How to participate?
3/ BasisOS - Basis Trading AI Agent and its Social Mining
4/ zar - Physical Stablecoin Exchange Network
5/ DX Research Group - AI Research Group as a Nomadic Warfare Machine

Live link:

Reconstructing from First Principles: The True Competitor of Cross-Chain Protocols
Starting from first principles, the true competitor of cross-chain protocols/cross-chain bridges is actually centralized exchanges.
User behavior data clearly corroborates this. For example, when I have any cross-chain needs, my first reaction is often to check whether the common CEX supports deposits and withdrawals for that chain's assets; if the answer is no, I will then seek to use a cross-chain bridge.

Why do traditional cross-chain protocols lose to CEX?
The competitive disadvantages of traditional cross-chain protocols compared to CEX can be summarized as follows:
Cost Disadvantage: Cross-chain bridges generally have higher transaction costs due to complex consensus mechanisms and relay networks. In contrast, CEX withdrawal fees are usually lower and fixed.
Security Risks: Cross-chain bridges are a hotspot for hacker attacks. In 2022 alone, hacker incidents related to cross-chain bridges caused losses exceeding $1.6 billion.
Ecosystem Fragmentation: The current ecosystem coverage of cross-chain protocols is limited. For example, LayerZero mainly serves the EVM ecosystem, while Wormhole focuses on Solana, lacking a cross-chain solution that can unify all public chains and L2s. CEX, on the other hand, provides a one-stop service through extensive chain support and asset variety, eliminating the friction of users switching between different ecosystems.

Capital never sleeps. Where has the funding been flowing in recent years?

Celestia
Funding Amount: 100 million USD
Vision: To build a modular data availability layer.

Story Protocol
Funding Amount: 140 million USD
Vision: To leverage blockchain technology to put intellectual property on-chain, achieving automation of licensing, attribution, and monetization of creative content.

Walrus
Funding Amount: 140 million USD
Vision: Decentralized storage solutions.

Irys
Funding Amount: 10 million USD
Lead Investor: Framework Ventures
Participating Institutions and Individuals: Lemniscap, Primitive Ventures (founded by Dovey Wan), Hypersphere Ventures, Berachain co-founder Smokey the Bera, Ryan Watkins, Daniel Cheung, etc.
Vision: The first Layer-1 that integrates storage, execution, and data composability. Performance significantly surpasses the aforementioned solutions, while the cost is only a small fraction of them.

Special Note: Irys is the only project among the aforementioned that has not yet undergone TGE.

Intersection: Data. The commonality is that these projects revolve around the storage, access, and value extraction of data.

$ATOM is very soft, but the Cosmos ecosystem is very strong.

Current Status and Trends of the Cosmos Ecosystem
The launched Cosmos chains include:
Injective
dYdX
Celestia
Saga
Dymension
Sei
Initia
Berachain
etc.
The once extremely popular $LUNA and $OM were also Cosmos chains that later faced issues.
Future Trend:
In the next 12 months, over 10 new Cosmos chains are expected to launch.

Structural Dilemma of $ATOM Price Performance
The problem lies in the current state of the Cosmos ecosystem, which operates independently and in a fragmented manner, making it unlikely to significantly boost the price of $ATOM.
Reasons for Weak Price Performance:
Insufficient value capture mechanism: The Cosmos token economic model has not effectively captured the growth dividends of other chains within the ecosystem.
Fragmentation of decentralized governance: Cosmos chains operate independently, lacking a unified economic incentive or coordination mechanism.
Competitive Pressure: Competition in the modular blockchain space is intensifying.
On the flip side, within the Cosmos ecosystem, modular liquid staking protocols (like MilkyWay) are becoming important nodes for value capture.

MilkyWay's Positive Flywheel
MilkyWay converts ecosystem growth into economic benefits for the protocol by providing liquid staking services for Cosmos chains, and its positive flywheel effect is reflected in:
Growth Drive: The continuous launch of new Cosmos chains increases staking demand.
TVL Amplification: More staked assets flow into MilkyWay, driving the protocol's TVL growth.
Fee Accumulation: The growth of TVL brings higher staking fee revenue.
Token Value Enhancement: $MILK, as the native token of the protocol, captures dual premiums from fee distribution and market expectations.
Data Support:
MilkyWay has completed integration with chains such as Celestia, Initia, and Babylon.

Short-term Catalysts and Long-term Potential of $MILK
Short-term Positive Factors:
Possibility of Binance Spot Listing: $MILK has been listed on the Binance Futures market, and historical data shows that projects listed on Binance Futures have a high probability of being listed on the spot market within 6-12 months (Binance itself is also an investor in $MILK).
Price Dynamics: After an early surge, $MILK has experienced a pullback, with the current price stabilizing at $0.1, demonstrating market recognition of the protocol's fundamentals.
Long-term Potential:
Industry Leverage Exposure: As the primary staking entry point in the Cosmos ecosystem, theoretically, the value of $MILK is positively correlated with the growth of Cosmos ecosystem's TVL, rather than being limited to a single chain.
First-mover Advantage: Data indicates that first-mover liquid staking protocols (like Lido in the Ethereum ecosystem) typically capture 60-80% of market share. MilkyWay is in a leading position in the Cosmos ecosystem staking race.

Disclosure of Interests
I hold $MILK.

Enso has been underestimated, let's discuss a few facts:
Top-tier investment backing: Supported by well-known venture capital firms like Polychain Capital and Multicoin Capital.
Navigating bull and bear markets: Founded in 2021, steadily developing to this day.
Market validation: Integrating over 75 projects, facilitating over $16 billion in on-chain settlements.

With the TGE approaching, this article will thoroughly analyze Enso's history and potential, and will focus on sharing ambush strategies.

Be a fortune teller and make some predictions.

① @levelusd will be listed on Binance or CB. This is inherently difficult to predict, but I mainly see Level 'the backing is too strong + stablecoin business thriving + deep integration with Pendle and Morpho';

② @boopdotfun will 'cause a big commotion and then quietly leave.' If I had to compare it, it would be like Blur. However, in the short term, boop will have many opportunities, such as last night's few golden dogs $db $BEEP, and this morning's $Dingo, I caught onto this. The cache and transition period this month are crucial for boop.

③ @AxiomExchange will be the new version of meme dex. Currently, the platform's seven-day average fees have already surpassed gmgn and photon (data source: https://t.co/ppH2fvveN3). This is still under the premise that Axiom's total users lag far behind other predecessors, and once the total number of users catches up, the gap may be even larger.

④ Live streaming coin issuance may be the answer for the next version, similar to traditional e-commerce and live-stream selling, where both will coexist, competing yet complementing each other. @Sidekick_Labs has potential, and I hope Sidekick does not define itself as an entertainment or live-stream platform but rather aligns itself as closely as possible to a trading terminal.

Just for fun, it may not be accurate.