My fellow retards,
The coffee at devcon1 sucked. Phon/ongod recalls sipping that London sludge and talking to an individual who ended up running 10%+ of the network hashing power on Ethereum. One line from that conversation still plays with precision; “We’re going to look back on this time and ask why we didn’t mortgage our houses to buy more sub-$1 eth.”
Phon/ongod didn’t have a house to mortgage, nor goats to option. It is a salient point though…the diversification approach to investing should be thrown out the window when you stumble upon sub-$1 eth.
Everyone in that conference hall knew something special was happening. There was electricity in the air…Now, crypto bros just go to the conferences to bullshit and mingle. Back then, we were glued to our seats, enthralled by the possibilities that might arise. It was a different time. It was a distribution of information that had no better outlet. It was leaking alpha over all of us, and we loved it.
Go find the early projects akin to sub-$1 eth. There aren’t many, but they exist. See who is tackling big problems, and who can actually build it on their own without wild assumptions that are out of their control. There are good teams out there, PHONON DAO is one of them.
Join the Discord and see for yourself.
Targets for the marketcap of PHONON DAO remain:
$1b by Q2 2022, $12b by EOY.
On the high end, $300b marketcap in 3 years.