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Paul
@paulerlanger
Cofounder @fomo
685 Following    15.6K Followers
It's been amazing to see all the new users to fomo over the past few months We now have 2.5 million users, many of which have joined us recently We've done over $500mn in annualized revenue over the past 30 days We've paid out $10mn to fomo creators in the past 2-3 weeks alone
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Accessibility is not only about access in use (i.e. mobile vs brokerage) but also discoverability. Intuitive discoverability comes from learning from others and by doing. The global financial consumer app will need to nail both.
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- $150mn+ annualized revenue ✅ - $100mn+ daily spot volume ✅ - Top 5 under finance on the App Store ✅ Most importantly 30k+ new users are joining the fomo family each day (~45k yesterday alone), and are accessing onchain markets for the first time.
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first day above $100mn in spot volume on @fomo today. next up $1bn.
New charts on fomo. A new foundation for us to iterate on with time. Will also see a significant performance improvement.
We rebuilt the charts from the ground up. Zoom in, scroll back, trace the move. Now live on fomo.
Try to comprehend the scale
Terafab approximate size comparison between Giga Texas, the Pentagon, Apple Park, and the Mall of America. There has never been a building this large. Elon Musk says it will be the most valuable building by far.
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tradition continues
1% for the trenches - ft. @smol_intern In continuing fomo tradition, smol has gifted $1K to @0120NMiami @fomo has matched $500, bringing the total amount to $1.5K
btw, this improves performance of the app by A LOT
fomo friday updates: mobile - chain filters - improved perf - dev tag feature - advanced charts - custom friends feed - improved search details - ability to flip buy/sell buttons both - clans beta - faster charts
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fomo's social features continue to be used in unpredictable ways by our users and community. More and more teams are holding treasury supply on fomo for visibility but users haven't had a great way to identify and receive updates from developers/teams. Now that changes!
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Introducing dev tags. Teams recieve a tag, update holders, and build their community all within fomo. fomo is for builders too.
New charts coming soon
testing out some new charts. rolled out to a small % of ppl open to feedback
fomo has had 990k active users in the past 30 days, 515k in the last week and close to 250k in the past day. Below graph are active traders on Solana only, number across all assets is higher. Starting to see fomo users in the wild.
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“there’s only like 25,000 of us left in crypto” this was a contested take at the bottom of the bear. it was super contrarian at the time, and the masses constantly argued against it. just like virtually everything else in the world, the masses were wrong and the sharps were right. there were indeed very fee of us at the bottom of the bear. CT was do barren i swear i only saw the same 100 accounts everyday… timeline, groupchats, wallets, dm’s. same 100 accounts everywhere. now, the masses are convinced there’s still only 25,000 of us. i hate to break it to u, but ur just revealing u have absolutely no idea how much the space has advanced in the last year. fomo hit #6# in the app store last week and remains in the top 20 consistently. friends i havent seen in years are back online. old classmates who hated crypto are messaging me asking if ive heard of xyz memecoin. obviously we are still so early in the start of this bull market, but the signs of it starting are all there. “there’s only 25,000 of us” is not the sharp take it once was and in hindsight itll look so obvious that we have already hit an inflection point where ppl are actually excited about crypto again.
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The next generation of creators
ranked my top 5 traders & creators. only one person is on both lists today… our ultimate goal at @fomo is for the top 5 traders to be synonymous with the top 5 creators.
250k followers. motion.
"Take a chance and you might lose; take not a chance and you have lost already"
fomo expected output includes AMM fees as an extra layer of transparency to our users. We would rather educate the user and be transparent than mislead them to think it's lower.
narrative violation #1#: fomo fees are as low as $0.10 narrative violation #2#: fomo includes AMM fees in expected out so users have a better sense of what they are actually getting upfront
1 in every 2 active wallets on robinhood chain comes from @fomo (not trading wallets, ALL active wallets)
Form a family
Clans are now live. Form a family. Trade as a squad. Build an audience together. Join more than 50 clans today.
The weekly numbers are in: @fomo generated a record $3.2M in revenue last week. That extends its streak to eight consecutive weeks of growth and tops the previous record, set just one week earlier, by 70%. Escape velocity.
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