Top Grail eco news items of the week:
VLAD: AMC fat boy called him out once again for stockcoins. Robinhood Chain passed $100B in volume, though activity is way down from the highs and some are calling the chain dead.
MJ: His 1998 Finals game worn sold for a record $14M, the third time a game worn from that Finals series sold for more than $10M.
ELON: Roadster demo was 🔥🔥🔥. Alex Gibney released a 3 hour and 55 minute documentary called “Musk” now in theaters nationwide in U.S. Gibney’s conclusion was Elon is sociopathic.
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Stockcoins provide global distribution to public companies just like stablecoins provide global distribution to fiat currencies
Public company CEOs fighting the trend will not age well
Total market cap of stockcoins: ~$175M
Total market cap of gtokens: ~$3.2M
Believe in something
Top Grail eco news items of the week:
Elon publicly accused 5’7’’ Indian short king Mukesh Ambani of keeping Starlink out of India and the call out drew 112M+ views and a public response from India's government
Lebron flew the Fanatics helicopter to play his first preseason game for the 76ers, putting up 10 points and 5 assists, while Nike launched the LeBron 24 and the 41 year old continues to improve his golf game
Josh Allen led the Bills to a 29-26 loss to the Patriots, their first loss in Buffalo's new stadium, and talking heads debated whether the current NFL QB1 can lead the 67 year old franchise to their first Super Bowl ever
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Death of Bitcoin 2010 vibes
People tend to get overexposed and emotional
Long term skin in the game gang 🟩
if Robinhood eco doesn't bottom here, it will die a slow death. i doubt @vladtenev will let that happen
RHC is the future of Robinhood.
- The collectibles market is worth hundreds of billions of dollars
- The meme market is already worth tens of billions
- The underlying market for RWAs is worth hundreds of trillions
@GrailCo is building at the intersection of all three
Real world collectibles - internet culture - onchain liquidity
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Good banter
All founder/creator RWA tokens have capped supply. gSPEED, gJENSEN, gELON, gVITALIK etc
We also have athlete RWA tokens like gMJ and gWEMBY that tend to trade relative to the value of their real world collectibles because supply increases when a new collectible is vaulted and decreases when a collectible from the vault is claimed. In this case for high POP collectibles there are arbitrage opportunities if onchain price gets out of whack with real world price. We have many users making money playing this game too
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@topfumbler @rbthreek @GrailCo grail? no of course not
and im sure at some point some other platform will try to copy grail but then you have to deal with them being the first mover and that matters for this sort of thing
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We the market
Topshot is an inspiration but there’s a few key differences too:
- We are building communities from the ground up, not just trying to get people to buy into collectibles. Topshot never got the community part right
- We are aligning incentives with users and delivering value for the long term. When you raise too much venture capital money you end up trying to capture value for the business at the expense of users
- We are first building products we and other crypto natives like, with an eye towards mainstream later. We the market
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in 2021 the total nba top shot market cap peaked at $1.95 billion
BILLION
rn the total market cap of the @GrailCo ecosystem is $3.3 million
thats 590x upside to match that peak val
plus gtokens are far greater assets than top shot highlights
you aren’t bullish enough…
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in 2021 the total nba top shot market cap peaked at $1.95 billion
BILLION
rn the total market cap of the @GrailCo ecosystem is $3.3 million
thats 590x upside to match that peak val
plus gtokens are far greater assets than top shot highlights
you aren’t bullish enough…
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.@GrailCo has the potential to be a trailblazer here with tokenized founder collectibles paired with the underlying stock.
you have to suffer, you have to struggle (getting rugged and rinsed in the trenches) and work through it in order to appreciate what you've done (navigating the trenches)
and there are no such thing that are great (netting big wins from trenching) that was easy to do
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“I wish upon you plenty of pain and suffering”
gJENSEN:
- Backed by signed Jensen Huang GPUs
- Paired with NVDA stock coins
- First gtoken on RH chain
- Diamond hands get future airdrops
Build with us 🚀
Memecoins are weak cultural assets. Gtokens are early examples of strong crypto-native cultural assets.
You can literally just create 1000x upside around people and brands millions of consumers already know, love and have conviction in.
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The Grail thesis
Memecoins are fun and people want 1000x upside opportunities, onchain for liquidity and global access
But they are created out of thin air, pump and dump to ~0 and 99% of people lose on them. There’s nothing backing them and don’t inspire trust for new people
Gtokens are fun, give 1000x opportunities and are backed by durable real world assets. Our holders are winning and we are onboarding new people who want to bet on people they believe in long term
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Today we are migrating gSPEED liquidity from a Uni v3 USDC pool to a Uni v4 GOOGLc pool on Base
Creator RWAs paired with stock coins 🚀
Today on grail:
- $200K in volume
- $22K in revenue from launch packs
- Highest NFT sale ever
wtm
