crazy how the protocol that has shown 0 appreciation for users, constantly selling sol, has done nothing to show that they were aligned, said icos were a way to grab money, then decided to ico, raise the 3rd largest amount ever, is the complete opposite of hype is going down

i have suddenly been pinged by many people and the coin is now up 30% on 24H i have shilled since 100m, but i will say that i am a servant standing on the back of the giant GOATS - @0xkinnif @genfumbler @princebtc28 @bes_______ @c0xswain and many more

ai coin shilled by everyone, including eth foundation... vs ai coin shilled by no one, has a genuinely good product, incredible tech, quite possibly the next leg up... which way anon

As I count down to the 5th anniversary of DeFiance Capital, the high-profile blow-up of a well-known liquid fund serves as a stark reminder of how challenging this business can be — and why there’s still plenty of room for improvement in our industry, both in serving clients and advancing the space overall. Not here to cast stones — I’ve had my fair share of challenges in the past to get DeFiance to current level. Just sharing my experience and takeaways. Much of the difficulty faced by liquid funds has been well-articulated by @Ray_L1D and @cmsholdings, so I’ll focus on other aspects of the issue. 1. Alignment & Skin in the Game This might be the single most important factor for any crypto fund — liquid or venture — given the nature of the industry and asset class. The best way to ensure alignment and that GPs act in LPs' best interests is through meaningful GP capital commitment. Ideally, >20% for smaller funds, >10% for larger ones. Bonus points if that capital represents the majority of the GP’s net worth (as it should be). For reference, I'm by far the largest investor in DeFiance Fund I, and a top 3 investor in our current flagship liquid fund. That means if we lose money, I stand to lose the most. That said, it’s counterproductive for GP stakes to be too large (e.g., >60% of the fund), as it effectively becomes a quasi-family office — and GPs may stop caring about external investors' concerns. 2. Professional Operations & Risk Management This is crucial in crypto and comes with its own unique challenges. It’s often where funds led by successful crypto-native investors — without prior institutional experience — fall short. To make things harder, there’s no perfect toolset for liquid crypto fund operations. Most of us have to cobble together different solutions to achieve operational excellence. But it matters — one major hack or poor exchange collateral management, leading to unintended liquidation, can take a fund to an absolutely unrecoverable state. 3. Professionalism & Integrity — Especially During a Crisis Nearly every liquid fund that has lasted more than 4 years in crypto has gone through some kind of crisis. I’ve lost count of how many we've faced in the past five years. These are the moments when investors appreciate honest communication and transparency the most. GPs may not be able to disclose everything — but hiding behind legal counsel and stonewalling investor inquiries is the fastest way to destroy trust. Remember: the lawyers aren’t the CEO. You are. And the decisions ultimately rest with you. 4. This is a 5km Run — Not a Sprint, But Not a Marathon Either You're here to achieve sustainable outperformance, not to larp about one good trade forever. So one hero trade might raise your profile and gain clout, what matters is if your strategy is repeatable and able to work as well in the future as well. One hit wonders are dime a dozen in market. Unfortunately unlike VCs, we don’t get a 5–10 year timeframe to prove ourselves either. Performance is measured quarterly, even monthly. That forces constant evaluation: Is your current strategy still working? Do you still have edge? That’s the question I ask myself regularly to ensure we remain ahead — or at least relevant — in the market. There are many other areas I can touch on but those are the most important one off the top of my head now. Hasta otra, amigo.

looked into webull for HOOD like outcomes but their top line revenue has not been growing all while expenses continue to grow good to ride the tailwinds of exchanges + nice chart that gives it +2 points to a 6-7/10 at best imo just my two cents

As I count down to the 5th anniversary of DeFiance Capital, the high-profile blow-up of a well-known liquid fund serves as a stark reminder of how challenging this business can be — and why there’s still plenty of room for improvement in our industry, both in serving clients and advancing the space overall. Not here to cast stones — I’ve had my fair share of challenges in the past. Just sharing my experience and takeaways. Much of the difficulty faced by liquid funds has been well-articulated by @Ray_L1D and @cmsholdings, so I’ll focus on other aspects of the issue. 1. Alignment & Skin in the Game This might be the single most important factor for any crypto fund — liquid or venture — given the nature of the industry and asset class. The best way to ensure alignment and that GPs act in LPs' best interests is through meaningful GP capital commitment. Ideally, >20% for smaller funds, >10% for larger ones. Bonus points if that capital represents the majority of the GP’s net worth (as it should). For reference, I'm by far the largest investor in DeFiance Fund I, and a top 3 investor in our current flagship liquid fund. That means if we lose money, I lose the most. That said, it’s counterproductive for GP stakes to be too large (e.g., >60% of the fund), as it effectively becomes a quasi-family office — and GPs may stop caring about external investors' concerns. 2. Professional Operations & Risk Management This is crucial in crypto and comes with its own unique challenges. It’s often where funds led by successful crypto-native investors — without prior institutional experience — fall short. To make things harder, there’s no perfect toolset for liquid crypto fund operations. Most of us have to cobble together solutions to achieve operational excellence. But it matters — one major hack or poor exchange collateral management, leading to unintended liquidation, can take a fund to an unrecoverable state. 3. Professionalism & Integrity — Especially During a Crisis Nearly every liquid fund that has lasted more than 4 years in crypto has gone through some kind of crisis. I’ve lost count of how many. These are the moments when investors appreciate honest communication and transparency the most. GPs may not be able to disclose everything — but hiding behind legal counsel and stonewalling investor inquiries is the fastest way to destroy trust. Remember: the lawyers aren’t the CEO. You are. And the decisions ultimately rest with you. 4. This is a 5km Run — Not a Sprint, But Not a Marathon Either You're here to achieve sustainable outperformance, not to larp about one good trade forever. Unlike VCs, we don’t get a 5–10 year timeframe to prove ourselves. Performance is measured quarterly, even monthly. That forces constant evaluation: Is your current strategy still working? Do you still have edge? That’s the question I ask myself regularly to ensure we remain ahead — or at least relevant — in the market. There are many other areas I can touch on but those are the most important one off the top of my head now. Hasta otra, amigo.

0xkyle capital aka hotpot capital aka the worst performing person in the world aka running very unprofitable trading strategies (HENCE NFA) has bought metaplanet at an average price of 1179.4 i have been waiting for a dip for WEEKS and im so happy i got it

I believe that DATs are still extremely early in their lifecycle, BUT you have to be very selective. I am not interested in 99% of alt DATs as investments. Top investment picks are imo - METAPLANET, SBET, BMNR

i have a dream that one day someone will ask me to speak at some event

guy who simped for an iggy azalea coin draws down a lot and ct is shocked cinema