happiness carrier • crypto enthusiast • freedom seeker • opensource fan • maker
Malta, Bucharest, Sofia
Joined June 2008
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- Following1K
- Followers536
- Likes2.5K
damko retweeted
The growth curve of Venice.ai users:
1st million: ~13 months (May 2024 → June 2025)
2nd million: ~7.5 months (June 2025 → early Feb 2026)
3rd million: ~3 months (Feb → April/May 2026)
4th million: ~3 months (May → Aug 13, 2026)
5th million: ~2 months (Aug 13 → Oct 19, 2026)
base:0xacfe6019ed1a7dc6f7b508c02d1b04ec88cc21bf #AI
I don't know what happened to the agentic chat in @askvenice venice.ai but it's blazing fast and far more performant than it was just a few days ago. I can't believe the progress! Excellent job!
damko retweeted
Enjoy private DeepSeek V4.1 Flash 1017 hosted in US datacenters 🇺🇸
DS V4.1 Flash was updated yesterday to "1017" variant. Huge upgrade.
It is now the top open-source model in the world.
Roughly on par with Opus 5 in capability, yet vastly cheaper and faster.
It's free for @AskVenice Pro users in the app.
Agents can enjoy this model privately here via API:
curl api.venice.ai/api/v1/chat/co… \
-H "Authorization: Bearer $VENICE_API_KEY" \
-H "Content-Type: application/json" \
-d '{
"model": "deepseek-v4-1-flash-1017",
"messages": [{"role": "user", "content": "Hello!"}]
}'
DeepSeek V4.1 Flash just got a serious upgrade.
@deepseek_ai’s 1017 outscores leading open-source and frontier models on nearly every benchmark.
Same model in the Venice app, simply upgraded and available via the API as deepseek-v4-1-flash-1017.
Fully private.
damko retweeted
Just as I update the model @AskVenice keeps making fresh highs in new user acquisition. $200M annualized revs seems to be not far off
Updated $VVV model. New price target is $51.79
Growth has been ahead of expectations, so not surprisingly my target price is also higher. Since Aug 17th, $VVV is up 72.9% to $21.86 as the market has further repriced the token on its fundamentals and growth potential.
Credit purchase revenue in particular has been well ahead of expectations, growing 42.1% month over month in Aug, 21.5% in Sep, and I project it to grow 34.7% in Oct.
Programmatic token burns driven by new pro subs has also been ahead of expectations, up 20.0% in Aug and 17.3% in Sep.
Based on the above acceleration of growth, my model now estimates current annualized revenue to be $164.5M.
2027 projected revenue is $443.6M, resulting in an estimated $82.2M in token burns, up from prior projections of $336.9M and $70.1M, respectively.
This results in my current estimate of $VVV fair value to be $51.79, based off of a 50x multiple to forward earnings (token buyback and burns). I estimate annualized revenue is now up more than 10x since just Jan 2026 and with this level of growth 50x earnings is more than reasonable (likely conservative)
Not financial advice
damko retweeted
BREAKING: Researchers at Imperial College London propose framework for post-quantum private transfers on Bitcoin without a need for a soft fork 👀
damko retweeted
NEW: El Salvador bought another BTC for its Strategic Bitcoin Reserve today 🇸🇻
They now own 7800 BTC! 👏
damko retweeted
NEVER SIGN IN WITH GOOGLE
NEVER SIGN IN WITH GOOGLE
NEVER SIGN IN WITH GOOGLE
NEVER SIGN IN WITH GOOGLE
NEVER SIGN IN WITH GOOGLE
NEVER SIGN IN WITH GOOGLE
NEVER SIGN IN WITH GOOGLE
damko retweeted
Updated $VVV model. New price target is $51.79
Growth has been ahead of expectations, so not surprisingly my target price is also higher. Since Aug 17th, $VVV is up 72.9% to $21.86 as the market has further repriced the token on its fundamentals and growth potential.
Credit purchase revenue in particular has been well ahead of expectations, growing 42.1% month over month in Aug, 21.5% in Sep, and I project it to grow 34.7% in Oct.
Programmatic token burns driven by new pro subs has also been ahead of expectations, up 20.0% in Aug and 17.3% in Sep.
Based on the above acceleration of growth, my model now estimates current annualized revenue to be $164.5M.
2027 projected revenue is $443.6M, resulting in an estimated $82.2M in token burns, up from prior projections of $336.9M and $70.1M, respectively.
This results in my current estimate of $VVV fair value to be $51.79, based off of a 50x multiple to forward earnings (token buyback and burns). I estimate annualized revenue is now up more than 10x since just Jan 2026 and with this level of growth 50x earnings is more than reasonable (likely conservative)
Not financial advice
TLDR on $VVV
Venice just surpassed 4 million users and $100 million ARR. The majority of free cash flow has been directed to token burns and the team and been explicit about that continuing to be the case.
The product is world class (case in point 4 million users and continuous double digit month over month growth).
The company balance sheet is the largest holder of the token. 2nd largest holder is the founder Erik Voorhees. 3rd largest holder is the executive team. In Erik's own words:
"Some revenues have begun flowing to the token, zero revenue has flowed to equity. Equity is the largest holder of token, and benefiting the token is one of the highest leverage things equity can do to serve its own interest...Outside investors own <9% of the company, and all have strong incentive in the token's upside, all of them with multi-year lockups."
OpenRouter was just valued at over $7 billion in its acquisition by Stripe.
It is my opinion that Venice's token is materially underpriced at a $1.02B FDV. Price target based on what I consider to be a realistic scenario (hybrid of base and bull case) is $43.89. We shall see.
Not financial advice
It's fall: time to cut dead branches. Japan dumped US bonds first, now French ones. What's next in line?
🚨🇫🇷🇯🇵 ALERTE : LE JAPON COMMENCE À LÂCHER LA DETTE FRANÇAISE !
Sumitomo Mitsui DS Asset Management vient de vendre l’intégralité de son exposition aux obligations d’État françaises.
Le gestionnaire japonais a réalloué ses capitaux principalement vers les Bunds allemands et la dette japonaise à court terme.
Et ça intervient dans un contexte particulièrement tendu pour la France…
Le spread entre les obligations françaises et allemandes à 10 ans a dépassé les 150 points de base, son niveau le plus élevé depuis fin 2011.
Le CDS français à 5 ans a également grimpé autour de 87 points de base, au plus haut depuis 2013.
Maintenant, il va falloir surveiller de très près les flux japonais.
Car si d’autres investisseurs japonais commencent à réduire leur exposition à la dette française, la pression vendeuse pourrait continuer de faire grimper les rendements.
Et c’est là que ça devient problématique :
Plus les taux montent, plus la France doit progressivement payer cher pour emprunter et refinancer sa dette.
Avec le niveau actuel de la dette publique française, une hausse durable du coût de financement pourrait encore alourdir la charge des intérêts.
À surveiller de très près …
damko retweeted
Die Eurokrise ist zurück.
Diesmal trifft es Frankreich. Die zweitgrößte Volkswirtschaft der Eurozone, mit rund zehnmal so vielen Schulden wie Griechenland 2010.
Frankreich zahlt inzwischen mehr Zinsen als Italien. Der Risikoaufschlag steht auf dem höchsten Stand seit 2012. Die Absicherung gegen eine französische Staatspleite hat sich in einem Monat mehr als verdoppelt. Auf den Straßen brennen Mülltonnen. Und in Frankreich wird bereits offen ein Schuldenschnitt gefordert.
Ich habe die letzten Tage richtig viel Zeit in ein neuen Makro Deep Dive gesteckt. Fast 30 Charts und Grafiken, Daten von 2011 bis heute, alles aufbereitet, um die Vergleiche sauber zu ziehen.
Darum geht es:
🟥 Eurokrise 2.0: Warum sich das Muster von 2011 gerade wiederholt
🟥 Der Fehler der EZB von damals und warum sie gerade wieder dasselbe tut
🟥 Schuldenschnitt: Was hinter der Forderung steckt
🟥 Rettung oder Staatspleite: Warum die EZB in der Falle sitzt
🟥 Was mit deinem Ersparten passiert, wenn gerettet wird
🟥 Was ich jetzt persönlich aus dieser Situation mache
Soll ich das Video heute noch aufnehmen?
damko retweeted
Bitcoin is the greatest intellectual puzzle of all times.
It's completely open source.
Anyone can copy it.
Or try to change it.
But none of those tweaks has any real value.
Meanwhile, over the last 16 years, Bitcoin has gone up one million times.
Making it the top asset class of all asset classes.
And its price and adoption follow a precise power law.
With 96% correlation.
It is on path to absorbing all value in the Solar System.
Completely crushing the entire stock market.
The bond market.
Gold.
Real Estate.
And it does this with no earnings.
No "intrinsic value".
It can't be stopped or banned.
It can be ignored, but the adoption keeps increasing.
In Bull Markets and Bears.
It is something fundamental like language.
Or fire.
Or electricity.
An inevitable discovery that will take civilisation to the next level.
damko retweeted
Something is changing in Eastern Europe’s energy map.
🇷🇴 Romania just connected its largest new wind project in over a decade:
VIFOR → 192 MW today
→ 461 MW in 2027
→ potentially wind + solar + batteries
At full size, it will be the EU’s 3rd-largest wind farm.
damko retweeted
$VVV burn for September: $855,700
Will we hit $1m in October?
Will we hit $10m in 2027?
$100m in 2028?
What is the terminal demand for private AI inference?
USD shares of reserves: latest official figure is 56.7% - was 59% in Q4 2020
source: the IMF's COFER data for Q2 2026, published September 30, 2026
damko retweeted
In August 2026, the euro area seasonally adjusted unemployment rate was 6.4%, stable compared with July 2026. 💼
🔹 The EU unemployment rate was 6.1% in August 2026, also stable compared with July 2026.
More data 👉 link.europa.eu/NQCpNk
ALT Eurostat map showing Unemployment rates, seasonally adjusted data, %, in EU countries, August 2026.
damko retweeted
#Ukrainians #fleeing #Kyiv: extremely longlines reported at the #Krakovets #checkpoint—with wait times of up to 10 hours—as they head for #Poland. #Ukraine
damko retweeted
A new European transport axis is taking shape.
Greece, Bulgaria and Romania have agreed on 25 priority projects worth ~€22.8B connecting:
Aegean Sea → Bulgaria → Danube → Romania
Railways. Ports. New Danube bridges. ERTMS. Military mobility.
And eventually, stronger links to Moldova and Ukraine.
Southeast Europe is becoming a continental corridor.
damko retweeted
“El impresionante crecimiento económico de El Salvador y sus ambiciosas reformas continúan inspirando confianza en el mercado y ayudarán a atraer una mayor inversión extranjera” 🇸🇻🇺🇸
Felicitamos a El Salvador por concluir con la segunda y tercera revisión de su programa con el FMI. El impresionante crecimiento económico de El Salvador y sus ambiciosas reformas continúan inspirando confianza en el mercado y ayudarán a atraer una mayor inversión extranjera directa. imf.org/en/news/articles/202…
