My fellow retards –
There is a gold rush in crypto. We’ve been told before to sell shovels during a gold rush rather than panning for gold yourself. In that metaphor you should be investing in the companies selling miners and validating software rather than buying the crypto itself. Maybe that works. I still think you’re probably better off just buying some bitcoin.
But what if you could invest at an even more fundamental level. What if you could invest in the atomic structure of the gold, and you could get upside for each bit of gold that ends up existing. In other words, what if you could invest in the use of private keys and ecdsa signatures?
It's definitely a phever dream experiment to walk down this windy path. Hard to comprehend how additional value could be brought to the private keys themselves outside of the infrastructure built above them (e.g. L1 chains such as bitcoin and Ethereum).
Well, the phonon network found a way to endow private keys with scalability and privacy. Phonon has no opinion on the networks themselves, nor what the private keys are used for. It is merely a network that allows for these keys to be passed between individuals through an encrypted tunnel, secured by hardware and perfectly preserving privacy.
What would the value of that network be?
My targets for the marketcap of PHONON DAO remain unchanged though I’m moving the timing up a bit- $1b in three months and $12b in 12 months. This is equal to $26 and $320 per GRID. I would add on the high end I can see $300b marketcap in 3 years (or $8000/GRID).
New prediction: Jack Dorsey’s SquareBlock will try to buy GridPlus due to the innovation of the Lattice1. More than $1b will be offered.
Join the discord: https://discord.gg/TTfBrVnh
[Not financial advice – for entertainment purposes only]
phon/ongod out.