tack (gym arc)

Bitkraft 2024 Summit was extremely well put together, kudos to @BITKRAFTVC team for that! some key observations from this lovely summit: • AI x Gaming mostly a meme in most ways people are trying to sell the narrative. What people are truly excited about AI x Gaming is on (1) improving game asset generation, and (2) AI in PvP. (1) consistent asset generation is extremely hard to achieve using AI today, but is required for it to be usable in game production. pretty independently generated images without context is nice to look at but if you cant achieve consistency, then its unusable. teams mainly still using AI for ideation phase. current AI tools benefit mostly veteran studios with large amount of assets to feed into models, there is still a gap in utility for newer studios. 2D side of things is seeing very good progress but 3D is still no man's land. (2) AI in games have existed since time memorial (its not something new guys), just not in your today's AI agent context. What is interesting is that if AI can be developed to play more like a player in both PvE and PvP games (obviously does not fit all types of games, ie. never being able to beat boss patterns in Elden Ring). User experience can be massively uplifted if cold start problems / matchmaking for multiplayer-based games can be solved. Imagine playing Dota2 with no more MID OR FEED / BUY WARDS OR AFK teammates. • games need existing well-known IP to do well - THIS IS A MYTH. statistically most of the successful games out there creates IP rather than license IP. ie. for mobile games - other than FateStay / DragonballZ IP, most are original IPs. there are huge limitations on unit economics / what you can do with games by licensing IP. of course some there are some exceptions like Ragnarok Mobile Eternal Love and Fate/Grand Order that did exceptionally well, but the odds are against you. • unfortunate to still see a substantial lack of understanding of the East from the Western crowd on both the supply and demand side. still seeing games from the China being stereotyped as extractive / of lower quality / not able to go international, and this is even after Black Myth Wukong smashed the leaderboards. most do not know about a mobile game called Dungeon & Fighter Origins that grossed $500m in revenue in its first month just within China alone. • Telegram games - remain cautious on jumping onto the bandwagon just because its the new "trend" for distribution. vanity metrics distribution is not the same as real distribution. • Discord games are getting a lot of attention given its latest update allowing users to play mini-games without leaving the app. will be on the lookout for new developments in that space and for any novel applications. • Japan / Korea / China are still very isolated markets where its difficult to understand the lay of the land unless you are actively engaging within the ecosystem. interesting - most popular dating app in Japan is like tinder but with full AI matches and conversation, but no one really know of this outside of Japan. • huge monetization potential from Chinese IP that is extremely under-utilized internationally. we have mostly seen Japanese / Korean IP being internationalized but Chinese IP remains largely within China. #1 IP is 斗罗大陆 (Soul Land) with >50 billion playback of its Season 1 animation series, bet no one heard of it before. • difficult to push through game innovation from large gaming companies as generally risk adverse (RIOT / Valve amongst the most adventurous) and tend to want to build sequels on top of old successful franchises. but there are a bunch of GOATed OGs who left to pursue creating new groundbreaking games.

@mfigge List from last year but most still relevant ser

taipei hk shanghai seoul where do apes eat when they’re in town? what spots do it best? doesn’t have to be fancy, street food/night markets welcome my favs: boba xiaolongbao 삼겹살 (samgyeopsal) 갈비찜 (galbi-jjim) bookmarking this, building my food map

@vkhosla No one is right 100% of the time, but being honest 100% of the time shows character

I am often wrong but always give honest opinions. Some find this harsh but hypocritical politeness hurts founders. Brutal honesty gives them a chance to evaluate it and accept or reject. the opinion. Great founders elect for honesty. It is not fun to offer brutal honesty

@HoSingMak1 golden crown ftw

@0xTack gm, amazing monke.. 🦍🦍🧡🧡

GM apes strong together bayc.com/0xtack

@0xDjinni gm ser

@0xTack Followed

Asian BAYC holders rallying up brings me back to HK Apefest days, good times!

@veratheape Gm这个怎么加入呢

非常感谢大家的喜爱和热情。这几天来了很多新的华语的成员，也希望这个有爱的无聊猿社区能在熊市里给大家带来一些快乐。 我理想社区的样子是大家不关注价格，不互相指责，只分享正能量，虽然我知道很难。但难就不做吗？ 听了大家的建议，也希望能更好的交流。我们在X上开了个华语群。如果你也是讲中文的无聊猿请联系@0xlaofashi 或者我本人入群。需要验猴。 也欢迎大家加入互联网上最好的俱乐部🫈🫶

Well tbh bro has 80m to be liquidated and still living like a G

@Xeer gMEGA

Show this chart to anyone in traditional finance. Guess what they will tell you?

@evadacat Garden lounge! Mian i tried also but i think its overrated

@0xTack Which one? Chinese or western?

My fav HH spot in Hong Kong

@meowmeowwwxD She has 6 fingers tho :3

Seems like Miyako is joining an esports team soon

@XtineFang @GoldmanSachs We had david solomon show up at Xiaomi’s boardroom wearing a miband, Xiaomi phone and Xiaomi laptop for the deal lmeow

Wow this is how you work for the bag @GoldmanSachs "With banks jockeying to get their name first on the deal for SpaceX's IPO, Solomon worked with staffers to message Musk directly on X, his social media platform, according to people familiar with the matter, who asked not to be identified citing private details."

@ProMint_X x.com/0xTack/status/…

This is one of the worst sales I’ve ever seen Anthropic’s last official round was priced at a $380B valuation. Buidlpad is offering an entry point at a $950B valuation. That is a massive 250% premium on a real company valuation from just three months ago. On top of that, the Subscription Fee is 20% upfront. If you commit $10,000, only $8,000 actually goes toward the deal. The launchpad pockets $2,000 immediately. Add another 20% Carry (performance fee on profits), and this isn't even standard venture terms (the classic 2/20) it’s a straight-up robbery of their loyal audience. Furthermore, Anthropic has not authorized or approved this offer, they know nothing about it and Buidlpad doesn't even hold any actual shares. You are literally buying a derivative of a derivative. By the way, even if you do decide to overpay by 250% and cough up a 20% fee, you’re still facing a 180-day lockup post-IPO, plus at least another 180 days just for the settlement process. While everyone else is actively trading the stock, you’ll just be sitting around waiting to actually receive your shares. This sale is an absolute joke.

Worked out the numbers for those who wanna know how you are getting grifted. BTW this is a debt obligation to the issuer (trustmebro) so there is also massive counterparty risk if they do not pay out. Also FYI you are paying 20% subscription fee so technically your implied valuation is much higher but their carry is on the lower 950bn.

Should we just tokenize stakes in OpenAI / Anthropic and purchase it just like how ConstitutionDAO pooled CT together to buyout the Constitution?

@0xRyze @SCHIZO_FREQ @0xMerp Gm now i can have a royal oak too

@SCHIZO_FREQ @0xMerp @0xTack

I’m going to buy one of these just to go up to guys with real APs and say stuff like “Hey! Sick royal oak, man. I have one too. Check it out!”

Insane how everyone is larping gmv as revenue. Bro revenue is takerate x gmv.