Web3 • CM • Collabs NFTs • Content Creator • Ai Learner co founder : @chessdaoo
Joined June 2018
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bring back RH nfts
Robinhood CEO Vlad Tenev just confirmed what it’s imo the biggest bull case
most chains have to build the product and then find the users
Robinhood already has the users.
the company reports 28.5m funded customers and $355b in total platform assets.
these are people who already have money inside robinhood
this is why i don’t think robinhood chain needs to “beat solana” or any other blockchain
Robinhood just needs to convert some % of the financial activity already happening inside robinhood into onchain activity.
Believe me if I say the numbers get stupid pretty quickly
1% of 28.5m funded customers is 285,000 people.
if those users eventually had an average of $1,000 deployed into products running on robinhood chain
that’s $285m at 5%, it’s $1.425b
obviously this assumes something that hasn’t happened yet
robinhood doesn’t need everyone, it barely needs anyone.
Just applied for OG Royale application @RoyaleWeb3 by @snarkw_
Wish me luck guys 😭✨
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