Konfigbo

“wtf do these Magic Eden Diamonds even get me????” NONE OF YALL MFERS READ I SWEAR LET ME BREAK IT DOWN FOR YOU Something I learned a long time ago from helping many companies raise, there are some VC firms or Angels that majority or exclusively only invest in blockchain products or companies that are PRE TOKEN LAUNCH, because there’s obvious and more immediate upside to their investment You can study cap tables and VC portfolios to find this trend after a company announces a raise You can essentially then deduct which of these companies are EXTREMELY LIKELY to launch tokens because their investors have a token warrant with their investment (meaning they have a sizable allocation and lock up schedule with the eventual token) it’s not a sure fire correlation, but it’s a strong indicator. 💎 So let’s use this as Evidence A: ME announced a MASSIVE raise in 2022 Look at the portfolio Look at the track record of the investing behavior of who is on their cap table (short for capitalization table; a document that breaks down who has ownership in a company) 💎 Next for, Evidence B: Additionally, ME launched the Diamonds announcement in DIRECT PARALLEL to the “separate entity” Non Fungible DAO that is launching a token directly correlated with ME’s customer behavior If you know how LEGAL token launches work Magic Eden CANNOT legally say they are launching a token nor can it be ME that launches said token. A separate entity has to do so. Diamonds are being currently rewarded and retroactively rewarded BASED ON CUSTOMER BEHAVIOR, VOLUME, AND PLATFORM USAGE HOW ARE YOU GUYS NOT PUTTING THIS TOGETHER *pours another glass of wine*