Time for me to go back on Fomo. Little background story: I remember downloading the app in its early days. Was trading on it during the ICM days. Got absolutely bricked on stuff and it looked terrible. Since then have been mostly using it for gauging social sentiment. Now is the time to change the approach. While I continue doing signals on the Altcoinist app, you will be able to follow some of my trades and holds over there. I will not hold everything publicly, but expect to see some of the positions on the app. I have like 20k plus to recover from Q4 last year on the app. Curious if I can break the spell and continue my rather successful (with ups and downs) journey onchain. Anyways join me there: fomo.family/r/JY_EL_account

My longterm hold to have liquid exposure to social trading (really long term, ie. buy and forget) is $AQC. Think Fomo, but for all type of markets, covering Hyperliquid (perps), Polymarket (prediction markets) as well as sports. App got approved on the app store mid September and dev Aquatic wants to ensure regulatory compliance so things take time. Good bet though as there isn’t much liquid token exposure to Fomo with a product built by a serious team for the longterm. Just posting this here and will come back to it in the future.

I always liked the idea of index funds onchain. So far however no product did meet real traction. Maybe this changes with robinhood:0x710a0414dc599112987515ac8d76e0cd28546bc1. Back in the day on Base I really liked what Indexy was building. I was one of the top index creators there (maybe you can still find my robotics or Strategy indexes, which did very well). Now Robin Hood might have an interesting product which gives people the possibility to bet on other traders token picks. Often the best way to see if a project actually makes sense, is trying it out and click some buttons. So that's what I did kek. The user experience is pretty straightforward. I set up an a fresh index, chose some of the assets I have conviction in (i.e. $NET), chose the allocation and with a few clicks it was done. You already have a bigger list of tokens to choose from, I would say the major Robin Hood tokens are all there. Of course smaller assets need to be white-listed as they carry the risk that a manager creates a token and rugs the fund. Anyways this is interesting as 1) I profit off as a fund manager with a small fee if my fund is successful, 2) onchain traders might just follow your picks, saving them research. The protocol has listed some of the main tokenized stocks, so in theory you could set up a mix of equities and onchain plays, which is cool too. Of course this is still early days (less than 15 funds and small TVL), but this fits well from a product pov on Robin Hood and offers a new venue for traders/KOLs to generate mindshare for their picks while earning. Also might be interesting for the team to white-list selected assets and thus build an ecosystem of Morrow-vetted tokens. Ok, enough rambling. You should check out my fund below. Also have a look at my friend's Borney's fund, which is the leading one by TVL right now. rh.morrowfunds.com/fund/0xA0…

Our Sibyl team has been running pilots with SMEs and entrepreneurs implementing AI solutions over the last months. This is the feedback of a small team of software developers we got this week after having a touchpoint with them. Note that our team values encouraging verbatims as such while incorporating at the same time all the feedback we get. Given the strong product with the now ready infrastructure in terms of payments and operations, our focus next months will be on growth. Build with Sibyl.

Good project and you should check out my buddy @unborninfinite’s fund.

Normally I wouldn’t comment on other projects, but these type of posts piss me off. The main individual running this has a track record of launching NFTs across chains when there is hype. Be it on ApeChain or several ones on Abstract, always max extraction before launching the next thing months later. Rather than gaslighting the community, maybe good to look at the mirror from time to time. This is what happens when you have so called “founders’ which actually need the money.

I know the market is bad, but there is one team which has never left, on the brink of scaling up revenues.

Seeing again lots of doom on the timeline, traders quitting or taking breaks. First, I believe in the theory of diminished returns, ie. every cycle having less opportunity in terms of returns. Combine this with the industrialisation of token production, further diluting the already thin liquidity, and you have a tough environment to play in. Second, the rise of social trading with apps such as Fomo makes it even harder for people to take profits due to the social feedback loop, making them more exposed to roundtripping. This being said, we had some good months, with lots of runners on Robin Hood as well as small seasons on Base and Solana. Many people I know printed great multiples. I can understand why people are logging off right now. I also lost money over the last few days, like many of my friends did. However you gotta understand the eternal loop of euphoria and despair on this app. Ultimately everything is ups and downs. When we will think all is over, suddenly we will tip into euphoria again. Remember that this is still one of the only places on earth where putting in the work can yield you years of wage cuck slavery salary in days. I have decided for myself that the risk of not being exposed is bigger than the risk of playing. Of course you gotta adjust and fight your inner enemies, but ultimately we win.

Joined the $net trade over the last days. Robin Hood seems overall bottomed, sentiment is bad. People were also grave dancing on Net around some suspicious sells. With their treasury (might be a meme yes) and no inflation, I am willing to take a position here. Eventually Robin Hood sentiment will improve and $NET is a good bet imo.

I also sometimes still play new pairs ( not on Pump though). Risk/reward on these is very low and I have noticed that the time/effort vs output is simply not worth it. Regarding our deployer friends: crypto has fostered a new generation of ‘traders’ which fully resort to deploying and call it trading. I cannot blame them though as from an economic (not moral) pov it is the rational strategy to maximise your returns with the least possible risk. If you already have the audience, why would you risk 6 or 7 fig capital with a thesis? This actually involves risk taking and real guts. Spending more and more time on here, I come to the conclusion that a significant part of traders are people which are lazy, don’t wanna put in the effort and thus try the get rich quick scheme. Therefore there will always be a market for deployers to extract from. Just trade less new pairs, find an edge, put in the effort and you will be fine.

Still holding all my GLHFers. Great pixel art, good founder

Truly one of the worst countries on earth to live in if you have money (unless for a holiday house maybe). Love the story how tax authorities gave out info on wealthy crypto individuals which then got a ‘home visit’ by thugs. Combine this then with a culture centred around individualism while at the same time max extracting from its citizens. Great country to do holidays due to amazing food, landscape and heritage. But zero reason to live there.

Very good stats. Difficult to not be bullish on $dguy

$dguy is more and more shaping up as the one meme you should actually just hold on Base.

It's time for Sibyl Sunday tonight. Join us.

Citrini Research just published an article calling $LIT one of the top crypto assets to hold to profit off agentic AI and tokenisation of assets. In a nutshell: blockchain’s always-on, programmable settlement layer is well-suited to AI agents (which act 24/7 without human UX friction) and the tokenisation of real-world assets. At the same time the $BEAST team just made a very interesting announcement. A holder of a Beast NFT currently benefits of an automated trading bot leverage trading onchain via Lighter. Until now, it wasn't clear if this means that the NFTs were actually accumulating Lighter points. Well, now the team confirmed that they do. This is big in the sense that $BEAST offers people an unique value proposition: you can deposit money, let it trade for you while at the same time having exposure directly to Lighter. At the same time, the team has been teasing future developments in regards to Lighter and might tie the project more closely to the Lighter ecosystem, including future value accrual. I don't know any project on Robin Hood which is giving you this direct exposure to one of the hottest major assets. The desk never closes.

We are living in the late stages of capitalism. Higher corporate profit means: either sales go up or cost go down, as simple as that. With economic growth slowing down after 40-50 years of post war boom (of which your parents generation in the West profited), the main venue for driving bottomline growth is cost cutting. On the product side not much to optimise: Engineers have relentlessly reviewed supply chains over the last decades, rearranging bits and pieces across countries (globalisation), automating what can be automated. So what’s the biggest cost block companies can still save on? It’s the human resource in the office ( I love this expression). They call it productivity and a human becomes a FTE to dehumanise the whole thing. AI is supposed to create future growth (on-going economic debate on this still). But actually it is the perfect excuse to cut through the workforce to drive “productivity”. We have seen plenty of these messages in earning calls this year and we will see more of it. So yeah, complaining about your 3% raise as “top performer” is cumbersome, as this is how the system is designed. Never forget that you are a number for which the company will apply the following formula: economic output > cost. Not telling you to not play this game btw. You can play it to meet your personal goals. But never let the corporate life actually become your life. JY out.

Payments turned out to be more than a checkout page. Database migrations, new databases, scheduled cutovers, and an account dashboard for billing and devices.