Our thesis is being adopted by giants like Fomo.
That means
@ggdotxyz is on the right track!
The whole crypto industry is based on blind copy trading
That edge is fading out as the market becomes more sophisticated
Coins have their initial attention pump, but most retrace and the question is then why should I buy this?
Having a good entry on a coin is one thing. Understanding why to hold, when to sell and not roundtrip is the name of the game.
That conviction comes from forming your own opinion, informed by theses from smart callers.
The next step is incentives alignment between smart callers and traders, which we already nailed at gg and then redacted.
We've been obsessed with SocialFi for years.
From tipping on friend tech, to Paradigm, to being first users of Farcaster, to building the most sophisticated social acquisition campaigns in GameFi.
But we started in the trenches. And that's where our heart is.
We're productizing our knowledge on how to find and share alpha with perfect incentive alignment between traders and alpha hunters.
The goal is to have a less extractive space that's net positive for the industry.
We're just getting started.
Our app came out of closed alpha 10 days ago. Trading was mostly broken.
Turns out Fomo uses the same trading infra provider
@RelayProtocol, and their users hit the same issues.
Our CTO
@MrJettip went on a spree, reproducing their bugs and giving them the solution on how to fix it.
Your trading experience will be smoother now on gg and other apps using Relay π«‘
With how fast onchain is being adopted, the real opportunity is disrupting outdated business models that can't capture upside or align incentives the way blockchain lets us.
We're early.
gg