Tat Thang

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Tat Thang

Tat Thang

@tatthang

Turning data, ideas, and stories into signal. Forbes Web3 ‘24 Content Creator. Partner @Polymarket

Katılım Ocak 2019
2.1K Takip Edilen9.1K Takipçiler
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Tat Thang
Tat Thang@tatthang·
Not a single fintech CEO slept well last night. X just shipped a full financial stack in 48 hours. And most people didn't even notice. Here's the sequence: - Tuesday: Smart Cashtags go live. Any ticker, any contract address native price chart, right in the timeline. No redirect. No third-party app. - Already in beta: X Money. Fiat wallet with 6% APY, metal Visa debit card with 3% cashback, P2P payments, direct deposit. FDIC-insured through Cross River Bank, the same bank behind Coinbase and Stripe. - Already live: Brokerage routing via Wealthsimple. One tap from a post to a placed trade. Three products. All shipped. All pointing the same direction: Discovery → Chart → Trade → Pay. Inside one timeline scroll. Here's what that looks like for you and me: Someone posts a $AAPL cashtag. I tap it. Chart loads. I see the conversation around it. I buy. Never left the app. I send $50 to a friend. On X. I earn 6% on what's left. My debit card gives me 3% back on coffee. Why would I open Robinhood? Why would I open Venmo? Why would I open CoinGecko? And here's why they can't compete: X has 550M monthly users. Robinhood has 24M funded accounts. Venmo has ~90M accounts. CoinGecko has ~30M monthly visits. X doesn't need the best product. It needs a good-enough product inside the app people already live in. Now zoom out. X was an ad revenue company. ~$4.4B in 2023, almost all advertising. The new revenue stack: > Visa interchange on every card swipe > Brokerage referral fees on every routed trade > APY spread on held deposits > Trading behavior data from 550M users X didn't add a feature. X changed its entire business model. "Is this good for X?" Wrong question. X just stopped being a social media company. It's now a financial infrastructure company that happens to have 550 million users already scrolling. Everyone else is competing against a distribution gap they can never close. I wrote about this yesterday before any of it was announced. The sequence played out exactly as mapped. The only piece left: which chain gets the default crypto trading slot. That answer will move markets.
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Tat Thang
Tat Thang@tatthang·
The market forgot about Ordinals. The chart didn't. Everyone is treating this 40-70% pump like a random Tuesday anomaly. It's not. Look at the calendar. - April 2023: The absolute peak of the initial Ordinals explosion. - April 2026: Bitcoin Punks +29%. OCM Genesis +46%. Natcats +70%. The oldest inscriptions are suddenly eating liquidity again, exactly on the 3-year anniversary of the genesis pump. Bitcoin's culture layer has a memory. It prices in history, provenance, and apparently, seasonality. In 2023, the April wave created a billion-dollar asset class from thin air. We have the data today. The OGs are moving. Now I want the timeline's read. Is the Ordinals super-cycle officially back, or is this just exit liquidity for 3-year diamond hands? Play your bets.
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Tat Thang
Tat Thang@tatthang·
Building a global IP takes more than cute characters. You have to break the old pipeline. Variety just published an essential read on how the old animation model "produce first, pray for an audience later" is fracturing. The new playbook, straight from @sherrygunther: Build the audience. Validate. Reinvest. Really proud to see @Claynosaurz recognized here as the blueprint. Grabbing a billion views outside our crypto bubble didn't happen by accident. It took quiet obsession and the patience to execute the unglamorous work. It’s a marathon just to step onto the same playing field as the legacy giants. They know it, and they respect the craft. Still day one. Rooting for @Cabanimation and the team.
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Variety@Variety

Kids Animation Model ‘Broken’ as Streamers Retreat, Upending Pathways to Market variety.com/2026/global/gl…

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Tat Thang
Tat Thang@tatthang·
Robinhood's first year: 500K users. "Thousands of trades per week." X's first 48 hours: $1 billion. $1B in estimated volume from a pilot that hasn't even hit Android yet. Nikita just dropped the numbers on Smart Cashtags. Tap $TSLA, $BTC, or paste a contract: chart, sentiment, and trade button load up. In-app. The pilot scope: iPhone only. US and Canada only. One integration partner (Wealthsimple). The US doesn't even have the buy button active. "Drove" is the operative word. X isn't claiming execution on all of it. They're claiming influence. $1B routed or catalyzed in two days. Robinhood needed 11 years, an IPO, and a pandemic to reach $10B daily volume. X isn't building a brokerage. They're just monetizing the casino that already runs on the timeline. Every broker spends money to acquire users. X already owns the attention that tells those users what to buy. The funnel just flipped.
Nikita Bier@nikitabier

Based on aggregated data from our trading pilot, X has driven a estimated $1 billion in trading volume globally since launching on Tuesday night.

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Tat Thang
Tat Thang@tatthang·
Garga built the brand. figge has to build the machine. > figge (@mfigge) is now CEO of Yuga Labs. > figge joined BAYC in June 2021. Was there for the Doggo airdrop, the mutant mint, casino night, the first Apefest. > Spent the last year rebuilding Otherside with zero hype threads and zero announcements. Just product. > His 3-word mandate for BAYC: IRL. Storytelling. Style. > Translation less metaverse keynotes. More moments you can actually touch. > Garga goes back to creative. The lore, the weird ideas, the world-building only he can do. > This is the split every founder-led brand eventually faces. > Vision and operations don't survive in the same skull forever. > Garga said about figge's Otherside work "you haven't seen the half of it." > If that's true, the next few months will show us what quiet building actually looks like. > If he can make BAYC feel like a club again not a floor price Yuga gets a second act. > The hardest seat in NFTs right now isn't launching something new. > It's saving something old that people still care about.
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Tat Thang@tatthang·
TikTok added a store. Creators stayed. X is adding a bank. TikTok Shop did $33.2B in GMV last year. Up 201%. Creator earnings across TikTok: $5.7B in 2025. But even TikTok has a leak. Creator earns money → withdraws to bank → money leaves the ecosystem. Same with YouTube. Same with Instagram. X is building something none of them have. I looked at the X Money beta: - 6% APY on cash balance (FDIC insured, Cross River Bank) - Metal Visa debit card with your @handle - 3% cashback on purchases - Zero foreign transaction fees For context: - US checking accounts: 0.01-0.5% APY - Best high-yield savings: 4-5% APY A creator making $5K/month who keeps it in X Money: ~$300/year in yield. Same creator in Chase checking: $0.50. Meta tried to build this. Libra (2019) → lost Visa and Mastercard → rebranded to Diem → sold IP → Novi shut down September 2022. 3 billion users. Couldn't ship it. X shipped it. With FDIC insurance, a regulated banking partner, and a stablecoin framework (GENIUS Act, July 2025) that didn't exist when Meta tried. YouTube pays creators, money leaves. TikTok pays creators, money leaves. X pays creators and built the infrastructure to keep it.
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Tat Thang@tatthang·
I watch a lot of founders quietly give up when the market gets boring. When the volume drops to zero, the roadmap suddenly stops. The Discord goes silent. Then you see what @NFT1nsight, @TimpersHD and the @ChimpersHQ team are doing. No pivot to memecoins. No secondary mint to extract liquidity. Instead, they are spending months coding a gamified Collector Hub and ranking system, entirely for the people who stayed. Building polished software when there is no hype left to profit from. That tells you everything you need to know about the team. The easy money left a long time ago. Keep shipping.
insight.chimp@NFT1nsight

Just got a sneak peek of the production build for our upcoming Dojo Club Collector Hub 👀 We’ve been working super hard to meticulously bring the entire ecosystem together, all in one place. Taking our time to get it right… but it’s going to be seriously chimpish. Hyped! 🐒🔥

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Tat Thang
Tat Thang@tatthang·
200M transactions is slow for an L2. That's the point. Base hit 200M in 8 months. Abstract took 15. So I pulled the on-chain numbers. The Math: - 396K transactions yesterday - 38K active wallets - ~10 txs per user per day Let's be honest. Airdrop expectations keep wallets active on every pre-TGE chain. Abstract is no exception. But exactly how they are active is the signal. 10 txs/day is not a wallet touching a faucet and logging out. That's someone navigating apps. 202M total txs ÷ 3.8M wallets = 53 interactions per wallet since launch. The Quiet Benchmark: - Abstract's DAU right now: 38K - Ronin Network's DAU right now: ~39K A chain with zero token is tracking the largest gaming chain in crypto. On daily active users. Abstract didn't buy its first 200M transactions. It built a product stick enough to earn them.
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Tat Thang@tatthang·
> everyone is randomly guessing which chain X Money will use > look at the actual infrastructure they already shipped > fiat deposits secured via Cross River Bank (same exact backend as Coinbase) > crypto routing running through Stripe > USDC payments are fully functional on Base, Solana, Polygon and ETH > the plumbing is practically finished > so which chain gets the default slot? > look at who they just hired to build the UI > @nikitabier: Solana’s top consumer app advisor > @benjitaylor: Base’s former Head of Design > nobody is connecting these dots > Elon didn't just build a wallet > He locked Base and Solana inside the same room > whoever wins that internal debate takes 550 million users
Tat Thang@tatthang

X didn't just build a wallet. They quietly handed two rival crypto factions the keys to a $550M user empire. And only one will walk out winning. Here's what nobody is connecting: The infrastructure is already decided. X Money runs on Cross River Bank - the same BaaS layer powering Coinbase's fiat rails and Stripe's payment backbone. One bank. Three of the most dangerous financial products on the internet. All sharing the same plumbing. But the crypto routing layer? Still open. Look at the two people X hired to build the front end: → Nikita Bier. Consumer virality architect. Deep Solana ecosystem roots. → Benji Taylor. Ex-CPO of Aave. Former Head of Design at Base. These aren't random hires. These are two generals from opposite sides of the chain war, now sitting in the same office, designing the same product. Stripe already solved the technical problem: USDC payments live on Ethereum, Solana, Polygon, and Base. All four work. All four are ready. So the decision isn't technical anymore. It's political. It's internal. And it's happening right now inside X HQ. Here's why you should care: If you hold SOL: Nikita's fingerprints on the UX could mean 550M users onboarding through Solana rails. That's the biggest organic adoption event in crypto history. If you hold ETH/Base: Benji's infrastructure DNA runs through every DeFi protocol that X Money will eventually need to settle into. One of these two just became the most important hire in crypto. Nobody knows which one yet. But whoever wins that internal debate will move markets harder than any airdrop ever did. The chain war isn't on-chain. It's already been decided. We just don't know by whom yet.

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Tat Thang
Tat Thang@tatthang·
Static PFPs are officially dead. The biggest brands left are no longer selling JPEGs. They are mutating into IP entertainment machines. When Azuki, Pudgy Penguins, Moonbirds, and Memeland all independently pivot toward physical goods and gaming, it isn’t a trend. It is a forced market evolution. And they all quietly converged on the exact same vertical: Trading Card Games (TCG). Why TCG? Because it is the only business model ever proven to seamlessly combine collecting, competitive gaming, physical products, and digital ownership into one flywheel. Pokémon TCG generates $1.7 Billion a year. Yu-Gi-Oh does $5 Billion+. This isn't a Web3 experiment. It's a hardened, multi-billion-dollar market. But here is where @Memeland separates from the pack. Azuki, Pudgy, and Moonbirds are playing the traditional game: IP → Products → Revenue. Memeland is building an entirely untouchable Financial Infrastructure Layer. Look at the leaked Captainz remake art from their AAA studio. It instantly screams TCG. But the game itself is just the frontend. Behind it, they recently launched @MemeStrategy, tokenizing physical Pokémon grails for professional investors. They already own the heaviest infrastructure pipeline in the space: Physical Card → Museum Vault → Big-4 Audit → Solana Token → Institutional Fund. Now, imagine applying that exact pipeline to their own Captainz TCG cards. Memeland is the only IP positioning itself to transform game cards into audited, institutional-grade financial assets. The others are building consumer products. Memeland is opening the floodgates for institutional money to flow directly into a gaming ecosystem.
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Tat Thang
Tat Thang@tatthang·
X didn't just build a wallet. They quietly handed two rival crypto factions the keys to a $550M user empire. And only one will walk out winning. Here's what nobody is connecting: The infrastructure is already decided. X Money runs on Cross River Bank - the same BaaS layer powering Coinbase's fiat rails and Stripe's payment backbone. One bank. Three of the most dangerous financial products on the internet. All sharing the same plumbing. But the crypto routing layer? Still open. Look at the two people X hired to build the front end: → Nikita Bier. Consumer virality architect. Deep Solana ecosystem roots. → Benji Taylor. Ex-CPO of Aave. Former Head of Design at Base. These aren't random hires. These are two generals from opposite sides of the chain war, now sitting in the same office, designing the same product. Stripe already solved the technical problem: USDC payments live on Ethereum, Solana, Polygon, and Base. All four work. All four are ready. So the decision isn't technical anymore. It's political. It's internal. And it's happening right now inside X HQ. Here's why you should care: If you hold SOL: Nikita's fingerprints on the UX could mean 550M users onboarding through Solana rails. That's the biggest organic adoption event in crypto history. If you hold ETH/Base: Benji's infrastructure DNA runs through every DeFi protocol that X Money will eventually need to settle into. One of these two just became the most important hire in crypto. Nobody knows which one yet. But whoever wins that internal debate will move markets harder than any airdrop ever did. The chain war isn't on-chain. It's already been decided. We just don't know by whom yet.
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Tat Thang@tatthang·
ORDI +96%. SATS +60%. I'm just here for the new season of the Bitcoin civil war.
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Tat Thang@tatthang·
@fitzyOG @Memeland Justifying this isn't just for you, but for others who read my content as well. I'm not keeping Captainz as PFP at all because I believe they are just a PFP collection, and that's why I'm still holding OCM.
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FITZY
FITZY@fitzyOG·
@tatthang @Memeland You don’t need to justify it mate, you were clearly going for clickbait content. If you think pfps are dead, you’re holding the wrong pfps. Most are trash, especially new ones. You know this.
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Adam Weitsman
Adam Weitsman@AdamWeitsman·
3:01 AM in Vegas and had to finally join one of the best NFT communities in my humble opinion, @D3lMundos. Been on my bucket list for a long time !!! Special thanks to @rsao312312 for a fair and ethical transaction. Appreciate you 🙏 This Web3 Rabbit hole runs deep 😂
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Tat Thang
Tat Thang@tatthang·
@fitzyOG @Memeland We should look at the overall market, not just a few isolated projects. Over the past year, almost no mint collection has survived simply because it's a PFP collection.
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FITZY
FITZY@fitzyOG·
@tatthang @Memeland Just because a few brands diversified into trading cards, doesn’t mean collections that don’t are “dead” 😂
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