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ABO
@abo_sac_artist
2.5K Following    8.5K Followers
Who are the most underrated research-driven accounts on ur timeline? Looking for high quality reads only A few of my favorites @zinnresearch @kantianum @0xJeff 🫡
Superteam is the alpha
price is meant to be discovered, not decided that's why @craftsdev is building the first seal-bid auction on solana crafts is built by @SuperteamDE members @abo_sac_artist, @pfo_sac & @YellowFishZ from @superteamIE they're beta testing this with a mock raise, Raise Zero, and they'd love for members globally to participate and share feedback (costs $0) as a gesture, if you connect with your superteam linked wallet, you'll get upgraded to the silver tier which brings more allocation and access for subsequent raises you have until thursday to try it out:
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Wouldn't be able to do this if teams like @craftsdev and @fairdotclub were not here to expand support for tokenized equities and corporate governance No matter how much we all love innovating with futarchy, the reality is that corporate governance will insist on using the systems they have been using for the last century! Internet Capital Markets need what you are building as well as the innovation we love working on
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This is alpha First equity token sale on Solana. They are currently running a mock sale, you can participate with no money, no risk, and are likely to get higher allocation/WL for the actual sale. You are not buying a useless governance either, you are actually getting EQUITY of a operating business at a low valuation.
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If you own a Radiant head to the @RadiantsDAO Discord and claim in the Rad Alpha channel: - Retroactive campaign for $ARX (200M TGE of Arcium) - Higher alloc in Raise Zero - Silver Tier on Crafts - Early access to startup data rooms - Higher alloc for public raises & more!
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Seales Bid Auctions on Solana coming! Great partnership by Crafts and Arcium…
First Sealed Bid Auction on @solana
The mechanism that priced Google's IPO has never worked on-chain. We're opening Raise Zero - the first public sealed-bid uniform-price auction on @solana Every founders today face the problem of how to price tokens fairly while avoiding bots or whales outbidding everyone. Sealed-bid uniform-price auctions are how Google IPO'd in 2004. How the U.S. Treasury clears $20T+ in bonds a year. They're the gold standard for credible price discovery - but they've never worked on-chain, because blockchains are transparent by design. Sealed bids need privacy that didn't exist... Together with @Arcium we're changing that. Their MPC network runs computation directly on encrypted data, without ever revealing it. If you've ever lost a fair allocation to a bot, or watched a "discovery" round clear at a number that had nothing to do with price discovery... Test the first Sealed Bid Auction on Solana:
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First Sealed Bid Auctions by @craftsdev are Toly approved 🔥
The first sealed bid auction on Solana is now open to everyone. Raise Zero mock raise is live on @craftsdev. Participate in the raise, use the code: REALMS and get: - to be part of the Retroactive Token Grant campaign for @Arcium $ARX - higher token allocation in Raise Zero - instant Silver Tier on Crafts - early access to startup data rooms - higher token allocation for oversubscribed public raises - inclusion in upcoming campaigns Experience price discovery the way it is meant to be.
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i like what I'm seeing recently on new capital formation paths on Solana we're growing up lads
Absolutely well deserved @zinnresearch Make sure to follow Zinn! Zinn is (irl) researching on how class-focused framing obscures structural inequality Which aligns directly with what’s broken in retail investing: people locked out of one of the historically most valuable assets - equity in growth-stage companies Would actually really love to see more acc like Zinn on my tl
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Seeing the love people are showing has been the highlight of my week ❤️ Winning a bounty to start the week and then seeing people appreciate the research I post makes me grateful to be in this space! Can't wait to see what next week brings and I hope you enjoy your weekend 🌞
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The mechanism that priced Google's IPO has never worked on-chain. We're opening Raise Zero - the first public sealed-bid uniform-price auction on @solana Every founders today face the problem of how to price tokens fairly while avoiding bots or whales outbidding everyone. Sealed-bid uniform-price auctions are how Google IPO'd in 2004. How the U.S. Treasury clears $20T+ in bonds a year. They're the gold standard for credible price discovery - but they've never worked on-chain, because blockchains are transparent by design. Sealed bids need privacy that didn't exist... Together with @Arcium we're changing that. Their MPC network runs computation directly on encrypted data, without ever revealing it. If you've ever lost a fair allocation to a bot, or watched a "discovery" round clear at a number that had nothing to do with price discovery... Test the first Sealed Bid Auction on Solana:
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HotHeads have been invited to test RaiseZero, the sealed bid auction from @craftsdev🔥 The Arcium Ecosystem is heating up☂️
Even if you don’t plan to participate in the @refihub sale on @craftsdev, it’s worth watching how it plays out. Crypto has a bad reputation for inflated FDVs. With a sealed-bid auction, FDV is discovered by the market, not arbitrarily set by the team. Basically ICO on Crafts works like this: The clearing price (final sale price) is the lowest price at which the full token allocation can be sold. -> Let’s say the ICO allocation is 1,000 tokens. We need to find the price at which those 1,000 tokens can clear. Investors submit bids: A bids for 200 tokens at $1.00 B bids for 300 tokens at $0.80 C bids for 400 tokens at $0.60 D bids for 500 tokens at $0.40 The auction sorts bids from highest price to lowest: At $1.00, demand = 200 tokens At $0.80, cumulative demand = 500 tokens At $0.60, cumulative demand = 900 tokens At $0.40, cumulative demand = 1,400 tokens The sale needs to place 1,000 tokens. At $0.60, demand is still too low because only 900 tokens want to buy at $0.60 or higher. At $0.40, demand reaches 1,400 tokens, more than the 1,000 tokens available. ➝ So the clearing price becomes $0.40. ➝ A, B, and C get filled in full. ➝ D gets partially filled for the remaining 100 tokens. ➝ Everyone pays the same price: $0.40. If cumulative demand at $0.60 had reached 1,000 tokens instead of 900, then the clearing price would have been $0.60. TLDR: the auction stops at the first price level where demand is high enough to absorb the full allocation. If you want to test your assumptions around market-driven FDV, make sure to understand the dual structure that comes with Crafts. Crafts links the token to a legal structure where an SPV/DAO LLC signs a SAFE with the company, and token holders get exposure through that entity.
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The weakest part of on-chain raises is still the initial valuation. That is why we chose sealed-bid auctions for Crafts raises and built Raise Zero to let anyone try them with mockUSDC. This auction logic has priced U.S. Treasuries for decades and was used in Google’s IPO. With Arcium, we’re bringing it on-chain. For Crafts-issued Stakeholder Tokens linked to company upside, this matters even more. The first price should come from conviction, not information advantage. So we built a no-risk version: 1. Claim mockUSDC 2. Analyze the mock projects 3. Set commit amount, set max FDV, or accept market Try it yourself:
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The next few weeks on Solana are gonna be exciting: > @solsticefi TGE May 21 > @SuperteamDE Solana Summit on June 13 > @bulktrade just announced a $50K trading competition that will last 13 days from now > @zinc_cash is getting ready to launch this month > @craftsdev opens their first mock-raise > @ExponentFinance V2 is coming out What did I miss?
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As we continue to experiment with fundraising onchain in more legitimate ways, Crafts stands out as one of the most fair processes I’ve seen. MetaDAO was a start, but building on what worked and subtracting what didn’t is how blockchain improves. Building alongside the most strict regulations in the world will be useful for EU companies wishing to tokenize.
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The Solana Summit in Germany is starting in 1 month from now. @pattiruss_ said it might be the biggest Solana event in Europe 👀 Our @craftsdev will be there 🙌 Who is going to Berlin?
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Fair price discovery for token launches Another example of how encrypted compute unlocks entirely new market mechanisms onchain Megahyped for Crafts, go try it out before the first raise.
Today on MCG: @refihub w/ @bullish_ave & @pfo_sac (Co-Founder of @craftsdev) A first in Solana history sealed bid auction is running for ReFi Hub, an on-chain financing layer for solar infrastructure The team walks through the asset structure and Philip from Crafts demos the Google-IPO-style mechanism, never done on chain before 👇 00:51 - Christian's background 01:41 - First solar plant tokenized on @solana, small project in Brazil 03:35 - Energy infrastructure TAM 04:25 - Current solar assets are 9 to 20 year deals, paid monthly in USDC 04:32 - Volt introduced 07:50 - $35M solar infrastructure pipeline 08:17 - Solar plant walkthrough 09:01 - $100K ticket size, ~21.4% avg yield 11:36 - Pivot Green as the solar operator, FreightLinks as the offtaker 14:21 - Risk walkthrough 28:46 - Volt partly funded by @SolanaFndn 30:53 - @craftsdev video 35:31 - Why ReFi passed on MetaDAO 45:09 - Bids encrypted via @Arcium MPC 45:30 - Questions from the viewers
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