0xdopesick

We are excited to announce that Whop is now the official payments network for @useKled. Kled is one of the fastest growing human data marketplaces in the world. Now anyone can upload their data, complete tasks, and get paid through Whop.

the vision there are three things anyone here can agree on: (a) alt coins are structurally flawed and their value proposition is uninteresting for most investors (b) the more exciting projects are inside web2 and not web3, web3 barely had any innovations and VCs are leaving to fund AI/defense tech startups over the next L1 (c) the disconnect between equity & token is making it impossible for both to be mutually successful, either share or token holder value gets maximised, the other suffers. these 3 points are the reason why we didn't have an alt season. there is a brick ceiling of innovation inside DeFi & we hit this brick ceiling already (which is okay). The new inventions are mostly incremental improvements, but the last time we saw something exciting come out of crypto was probably zero knowledge & chain abstraction. VCs don't fund incremental improvements and the inventions have a monetary ceiling how high they can be valued. (a) is the reason why VCs don't pure energy into developing this sector, (b) is the reason why VCs look elsewhere and (c) is the reason projects&chart on the open market get suffocated. Altcoins are structurally broken. The value proposition of utility/governance is not only weak & repetitive, it's laughable. Giving things a multibillion valuation based on vibes and governance is so uncapitalistic and inefficient that it's the consensus now to short down any new bloated high FDV alt coin. If you - as a founder - need to scramble for utility to justify a $1B valuation, then you are cooked (&evil). Utility coins are nothing but cope to extract billions from every day investors who like what you're building. The utility of an asset should be to go up in valuation & that's it. Value Creation, GDP growth. Bidens' SEC tried to suffocate this value creation, but we are free now & Hyperliquid + PumpFun showed that nicely. Other markets are just more interesting, we hit the ceiling of innovation in crypto, incremental improvements, games of mirrors, but nothing from substance that is exciting &new enough to throw billions at it like back in the ICO days of 2017. there will be a cure for cancer soon and instead of investing in that startup you will have the opportunity to select between brokoli, neiro, sundog, wif, giga, 4 and purr. i‘m not against making money, i‘m primarily a trader, but it feels like a lot of capital&energy is wasted trading absolute unproductive casino coins instead of contributing to the gdp growth by selecting&helping great ideas grow to unicorns (& you getting paid by being early to those). Why would I want to invest in DeFi platform #14938 if I could also invest in defense tech, predictive policing, network states, cheap sustainable robotics, autonomous ocean exploring or regenerative agriculture? the (3)rd one is the hardest pill to swallow. What is the Northstar of some of these products and how does it reflect to the token price ? Plasma One e.g.? How does the growth & usage of stable coins reflect to the actual growth of the token? It doesn't - at all. It's the opposite, the more the equity grows, the more interested are shareholder in keeping the revenue flow to themselves and not giving up revenue to tokenholders. There's a solution for all of this, which is using all the good inventions crypto brought to the table to bootstrap Web2 innovations. The Digital Shark Tank If you want to call it that. Tokenise ideas and make them tradable. Tokenise every Web2 company and make these assets tradable. But the issue here is: How do we make them intrinsically valuable? And the simple&short answer to this is equity. IPOs are overrated and outdated, the average time a company stays private has increased massively over the last few years. OpenAi, SpaceX, Anthropic will probably not go public for another decade. Yet, especially OpenAI & Anthropic are unprofitable & need funding but don't want to get punished by a public market that requires them to disclose every little financial detail of their company. Crypto has proven itself to be - a source of revenue for companies that tokenise - a massive driver of user acquisition - the go-to place for network effects & attention Tokenising OpenAI&Co actually makes a lot of sense, the only thing we had to solve was making their token intrinsically valuable so it's the risk appetite is sticky. And we solved that. It's called ERC-S & it's open source. I think crypto will fundamentally change with this invention. It will be rare for a project to launch a token that actually has anything to do with blockchain. We take all the good things of crypto (easy global revenue engine, great user acquisition engine, amazing attention engine) and put them onto Web2 rails while designing tokens that actually have value holding & are not designed to extract from you. Here's where I see @StreetFDN in 3 years. Replacement of traditional IPO. Companies like SpaceX will go to us and not the Nasdaq to tokenize first and then maybe in 5 years down the road target a real IPO. Tokenization gives a quote to your equity and provides a liquid secondary vehicle to fund M&A etc with (futarchy mode). Digital Shark Tank. For this we have to bring cost ˜ ERC-S down drastically, but I'm confident we can achieve this eventually. Current costs are high 5 figures and while we can pay this ourselves for our champions and the best of the best startups, eventually every startup should be able to tokenize without us having to go through a 1% acceptance rate selection process. Regulations are important to frontrun. Look at the value Polymarket created. This is a Polymarket regulations moment, just with a 2y time window & even more significant capital formation wise. after this succeeds we'll disrupt both IPOs and YC/traditional accelerators.

Base coins pulling 2-3x daily, expecting something like this from $PREDI It is also featured on @baseapp yesterday