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People have asked me for years..
“What’s the next $TAO?”
And what they really mean by that is..
What project is sitting at a valuation in the tens of millions today.. that could eventually grow into something worth multiple billions?
After spending hundreds and hundreds of hours the past year reading.. researching.. listening.. questioning.. and going far deeper than I normally would..
Its $TIG
And that's not something that I say lightly..
I’ve had enough failures over the years to know how easy it is to fall in love with an idea.. ignore a ton of the weak points.. and convince yourself that some issues aren't really issues..
Its always a recipe for disaster
So last year, I decided to raise the bar brutally high
I challenged myself to dig deeper than usual.. to attack the thesis from every possible angle.. to look for the bad.. where the architecture is weak.. who are the questionable people.. where is the broken value capture.. unrealistic assumptions.. anything that could eventually blow the whole thing apart
I wanted to find the reasons not to invest in $TIG
And I can honestly say.. The deeper I went, the stronger the thesis became
It doesn’t mean $TIG can't fail and fuck things up
It can
Execution could disappoint.. licensing could take longer than expected.. adoption may be slower.. competitors may emerge.. the market may ignore it for years
Anyone telling you there is no risk is either stupid or straight up lying
But after weighing those risks against what @tigfoundation is building.. the quality of the people involved.. the incentive structure.. the size of the market.. and the importance of algorithmic breakthroughs to almost every major industry in the world..
I believe the potential upside from here is wildly disproportionate to the current valuation
The fact that $TIG has already managed to produce a state of the are, world leading algorithm in Vehicle Routing is a testament to the power of the network and a sign they are well ahead of schedule
$TAO has already gone from tens of millions into the multi billions..
I truly believe $TAO's next journey is from multi billions to hundreds of billions.. and that is what I am planning for
$TIG is right back at the starting line
It will begin its journey from tens of millions to multi billions.. As $TAO did
The world will slowly realise how impactful a continuous open market for algorithmic breakthroughs is
I believe both will eventually arrive at similar destinations in terms of disruption.. influence.. valuation.. and importance
Like I've said before..
$TAO & $TIG are different systems but they are fighting the same battle.. and I honestly believe they will need eachother to topple these enormous, powerful centralised monopolies
Both are going after markets so large that todays valuations look almost irrelevant if they manage to execute
My honest advice is..
Own enough $TIG that you’re forced to pay attention..
Maybe that’s 100.. maybe its 10.. I don't know what your situation is..
Whatever amount allows you to care without putting yourself in any danger
Then go and do the work
Understand what @tigfoundation is trying to achieve..
- How Optimisable Proof of Work functions..
- Why challenge owners matter..
- How innovators and benchmarkers are rewarded..
- Who are the team..
- What Prometheus is..
- How algorithms can be licensed commercially..
- And why better algorithms change society..
That whole process is what turned my small position into a substantial one that has only grown in size over time
I could still be wrong.. and I’m prepared to carry that if I am
But after nearly a decade of wins.. failures.. scars.. and expensive fucking lessons..
$TIG is the closest thing I have found to discovering $TAO in 2022
And believe me, I do hate using that comparison.. because it is not really fair to either protocol
But it terms of opportunity.. lighting is striking twice here
Most people won't believe that until the valuation has already moved far beyond them..
That's how it always works
The opportunity looks ridiculous while it is cheap.. then obvious once it is expensive
Right now.. you have an opportunity to be there for the entire journey
At least give yourself a chance to not waste that
🍻
$TIG

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