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ENTYPER
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ENTYPER
@entyper
Alpha insights at ENTYPER building: @BaggyApp
Katılım Ocak 2020
132 Takip Edilen257 Takipçiler

prediction markets are not only about gambling
they are also about finding bad pricing
example:
you can buy cash-cat:native onchain and hope it goes back to $250m mcap
from here that is roughly a 5x
or you can buy the same thesis on a prediction market at 8.1¢
if it hits, that pays around 12x
same narrative
different payout curve
this is where prediction markets get interesting
not “will this happen”
but “is the market underpricing the path”

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i used to really like base
but over time it became harder to ignore how amorphous the whole strategy feels. too much skepticism toward their own ecosystem, too much distance from the exact culture that could have made base the next major retail chain
base had a real chance to capture solana trench traders
the users were there. the liquidity was there. the appetite for new memes was there. all base had to do was lean in, support builders and make the chain feel alive
instead the message often felt like base is not for memes
we are here to build technology. which is fine, but then you launch a base app with a 1% fee on every trade and suddenly it becomes very clear that trading attention is part of the plan too
you cannot act above the meme economy and monetize the meme economy at the same time
the worst part is that base often felt detached from its own memecoin communities. some projects got no real support, while some questionable actors looked way too comfortable
in cases like 01, users felt like they were left dealing with the damage on their own
that matters because trenches are not just speculation. they are distribution, culture and daily active users. they are the people who make a chain feel important before institutions care
solana understood this better than anyone
it did not treat memecoins as an embarrassing side quest. it let them become the front door
base could have done the same with better infra, better ux and a much bigger brand behind it
but instead it kept trying to look serious while the market kept rewarding attention
now kraken and robinhood are entering the same arena with clearer incentives. they want traders, they want flows, they want consumer attention
and they are not pretending that retail activity is beneath them
that is why the future of base feels less obvious now
not because the tech is bad. but because networks are not won by tech alone
they are won by culture, liquidity, distribution and the willingness to support the users who show up first
base had the window
i’m not sure it used it
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@RuneCrypto_ @base add buy 500 mil launchpad and launch 1 project
or 1% base app fee also a masterpiece
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This is a reminder that's it's not too late to start hitting the gym.
2023 > 2024
I was 47
Lock tf in

Simón@simonmolitor
This is a reminder that it’s never too early to start hitting the gym. Lock tf in. 2012 > 2026
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yp @cobie real question, no rage
you took over @baseapp to make people trade onchain. but the same leadership just showed everyone, again, that believing in anything @base-related for more than 24 hours is a mistake
how do you onboard people to an app whose culture strategy is making users feel stupid for showing up
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i think @TheIndexFi is one of the more interesting robinhood chain plays right now. not because the chart is clean or the token is risk free, but because the idea actually matches what robinhood chain is supposed to be about
tokenized stocks
most new chain tokens are just attention wrappers. cat coin, dog coin, founder coin, random ticker, same rotation. index is trying to do something different
turn trading activity into stock exposure for holders
the core loop is simple. people trade $index, trades pay a 3% eth distribution fee, that eth funds tokenized stock distributions, and eligible holders receive stock exposure
so the token is not only selling a meme. it is selling a loop
volume becomes treasury flow. treasury flow becomes tokenized stock exposure. tokenized stock exposure becomes the reason people keep holding
that is the thesis
and this is why it fits robinhood chain better than most things currently trading there. robinhood chain’s entire narrative is rwa, tokenized equities, etfs and onchain financial rails
$index is basically trying to become the native “hold this and get paid in stocks” token for that environment
there is already traction too. the token is live on robinhood chain, trades on uniswap v4, ourbit listed index/usdt, and cmc tracks it under rwa and robinhood ecosystem
so this is not just a hidden contract with a landing page
but the real question is not whether $index can pump. everything can pump in a new chain meta. the real question is whether the distribution loop becomes strong enough for people to care after the first hype wave
because if distributions are small, delayed or unclear, the market will treat this like every other narrative token
nice website. nice idea. dead chart
but if the portfolio page starts showing real accumulation, if the distributions page starts showing consistent payouts, and if holders can actually track where the eth goes and what stocks are being bought, then $index becomes one of the first robinhood chain tokens with a product reason to exist
that is the difference
memes need attention to survive. $index needs volume, transparency and proof that the fee loop works
i am watching 3 things. how much eth gets collected, what tokenized stocks are added to the portfolio, and whether distributions are meaningful enough to make holding feel rational
the risk is obvious. 3% fee is high, low volume kills the loop, weak distributions kill the narrative, and tokenized stocks are economic exposure, not actual shareholder rights
so this is not a traditional dividend product. it is a crypto-native experiment built on top of robinhood’s tokenized stock rails
but that is exactly why it is interesting
if robinhood chain becomes a real rwa chain, people will search for the first native token that turns that activity into something holders can understand
stocks. fees. distributions. portfolio growth
that story is easy to explain
and in crypto, easy to explain is often where the attention goes first
$index might not be the safest play on robinhood chain, but it is one of the few that actually connects the chain narrative to a product loop
memes brought users to robinhood chain
index is trying to make them stay

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$brian down 91% in 24h
is anyone actually surprised this happened on base
same playbook
at some point it stops being bad luck and starts looking like culture

ENTYPER@entyper
base, o1 exchange and $brian deserve a real thread not because every connection proves coordination but because the pattern is too ugly to ignore o1 is not some random project on base coinbase ventures is listed as an o1 seed investor and base ecosystem channels have given o1 a lot of legitimacy 🧵
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Please stop spamming my TL with slop like "ThiS trader lost $5M on a single bet 😱😡🥵 !!?!?"
These are not a traders, these are Sports Syndicate.
Sports Syndicates are like sports betting investment funds.
Here is how they operate :
> develop a reliable edge (insider info on injuries, better weather models, better fatigue analysis...)
> pool money from large investors, often from countries where gambling is banned (🇨🇳)
> invest the money in bets following their strategy
> reinvest proceeds on winning bets
> investors withdraw any time they want and keep the profits, while the Syndicate takes a comission.
This is the secret behind all the big accounts with 1 or 2 prediction betting millions on a single team or match.
Sports Syndicates split their bet across multiple accounts that they cycle constantly so it's harder for observers to gain insight into their portfolios and strategy.
If you see these signs :
- Huge bets on a single market
- only sports
- fresh account
- empty profile
Then you are almost always looking at a Sports Syndicate burner account.
this fresh profile who bet $5M on Argentina is a perfect example

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