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PFO (e/acc)
@pfo_sac
co-founder @craftsdev - first-ever sealed bid auction on Solana for equity-linked tokens | previously built Momentum Labs (predictive models)
4.1K Following    13.5K Followers
This update means a lot, because our mission remains to give everyone on the in the internet access to top startups. So we spent a lot of time sourcing great deals and we're finally back with an amazing lineup of startups - Y-combinator backed companies with amazing revenue growth - 0-to-1 infrastructure companies - Biotech companies (you haven't seen sth like this on-chain) - Hot consumer apps For some startups, a tradeable token has great benefits. For others, we now allow illiquid rounds, that initially behave like normal Echo-rounds with the possibility to add liquidity at any point in time. We are able to use the same Stakeholder Token Standard and harness the power of Token22 and it's controlability, thanks to @solana's composability.
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Solana Summit in Serbia was a blast! 🇷🇸 Balkan superteam is like family, great energy - had an unforgettable time in Belgrade Huge shoutout to @SuperteamBLKN @JosipVolarevic2 @matija_sol for bringing the ecosystem together
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We’re at Solana Summit Serbia 🇷🇸 Here to connect with everyone who’s into internet capital markets, especially founders ready to scale a business with strong foundations. Reach out here or DM @abo_crafts
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I’ll be at Solana Summit Serbia next week 🇷🇸 2 days in Belgrade hosted by legendary @SuperteamBLKN. @craftsdev build infrastructure for liquid venture investing: helping companies raise on-chain through equity-linked tokens and fair price discovery. Who is going? Vidimo se! 🇷🇸
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Liquid private markets only work if great founders actually want to participate. Otherwise you get adverse selection: weaker companies go public, strong investors stay away, and the market deteriorates. The Crafts Anchor Board is our answer.
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Yesterday we launched the Crafts Anchor Board: a private network for high-signal capital deployers to review curated startups, meet founders, and pre-commit before rounds open publicly on Crafts. We built it because open access and serious underwriting should reinforce each other, not compete. Investors share their mandate once and our AI engine matches their thesis with curated frontier startups. Selected members conduct deeper diligence and can pre-commit for early allocation. Anchor Board Leads run founder calls, coordinate diligence, and help anchor selected rounds. For founders, this builds informed demand before launch and brings investors who can help win customers, recruit talent, expand distribution, and bring follow-on capital. Sticky capital should not mean locked capital. It should mean investors with enough context and conviction to take a longer view, creating a holder base that can strengthen early price discovery and bring stability with high-potential for growth For investors, it means less random deal flow, deeper access, and a real role in companies they are equipped to underwrite. Anchor and public allocations settle at the same uniform, market-cleared price, based on real demand through our sealed bid auction. Feel free to hit me up if you want to be involved.
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Introducing the Crafts Anchor Board. Review curated startups before the round opens: • Meet founders • Lead diligence • Soft-commit to selected rounds • Get early access to curated offerings Apply as investor →
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Introducing the Crafts Anchor Board. Review curated startups before the round opens: • Meet founders • Lead diligence • Soft-commit to selected rounds • Get early access to curated offerings Apply as investor →
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One of the key challenges in creating liquid markets for private companies is adverse selection. You can attract deal flow, but without strong founder quality, credible investors won’t step up to lead and anchor rounds. Over the past months, we’ve spent a lot of time talking to investors, curating strong capital deployers, and understanding what they need to underwrite private companies before a liquid round opens. We turned those learnings into a new investor flow, and one of the core building blocks of Crafts going forward. Tomorrow.
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We took the learnings from our first raise, stepped back, and rebuilt one of the most important parts of Crafts raises in the future. The vision remains the same: build venture-grade infrastructure for liquid, equity-linked startup investing. Stay tuned.
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the race is on
Introducing Kimi K3: Open Frontier Intelligence 🔹 2.8 Trillion Parameters, 1 Million Context, Native Multimodal 🔹 Kimi Delta Attention enables up to 6.3x faster decoding in million-token contexts 🔹 Attention Residuals deliver ~25% higher training efficiency at <2% additional cost 🔹 Built for long-horizon agentic coding and self-evolving workflows Kimi K3 is now live on on Kimi Work, Kimi Code, and the Kimi API. Open Weights by July 27, 2026. 🔗 API: 🔗 Tech blog:
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the underrated projects on @solana series is back 🫡 episode 5: @craftsdev, an equity-linked ICOs for private companies. a token actually tied to a real startup's upside. 2,600 investors on the waitlist. 200+ companies applied to raise. supported by @toly, @colosseum , @Raydium, and @Arcium 👀 which project should we cover next? 🙈
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Proud to share that Crafts won the $10K Miracle Activation Package, expanding our distribution across 35M+ wallets. Thanks to @theMiracle_io, @SuperteamDE, and @SuperteamEarn
Audit Completed for @craftsdev 🫡 Crafts is a fundraising and discovery platform for founders, backers, and creators. It facilitates equity-linked token raises while letting community members discover and interact with on-chain products Grateful to work with the team and help them Ship Safely. 🚀 Public report & testimonial below🧵:
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Looking to raise a $150k–$1M pre-seed? Crafts helps founders run liquid, VC-compatible rounds. Cohort 1 is stacked with 3 strong companies across AI, robotics and finance. Adding 1–2 more with a live product, first revenue and clear PMF signals. DM us.
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Congratulations to @craftsdev on the Solana Frontier Hackathon win. Equity-linked tokens open up a new category of onchain assets, and Raydium is excited to provide the liquidity infrastructure that powers these markets. Crafts Capital Markets.
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Honored that Crafts was selected as a winner of the Solana Frontier Hackathon. We give everyone access to equity-backed tokens, with VC-grade protections and fairer valuations. Craft Mode.
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Excited to be under the Top 25 projects with @craftsdev for the @colosseum hackathon! In the last two weeks, we have been working on an AI engine for Crafts that allows us to 1/ source better deals and 2/ have more professional capital allocators participate in future rounds
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first a phone, now the world, what are they cookin'
Ownership Report #7# Solana Summit Germany Interview #6# “I’m very bullish on @Arcium, very bullish on Umbra, but also very bullish on seeing how we can help institutions bridge on-chain.” - @pfo_sac from @craftsdev 00:00 Intro 00:51 How Raises Happen With Crafts 01:26 The @refihub Raise: Post-Raise Reflections 02:44 Retail Investors in Raises 03:35 Inside the Sealed Bid Auction 04:24 The Game Theory of How People Behave in a Sealed Bid Auction 05:51 Going Institutional: Private Transfers and On-Chain Settlement 07:00 What’s Next for Crafts Summit hosted by @superteamDE Interviews Hosted by @8bitpenis Produced by @BlockformerLLC Powered by @UmbraPrivacy & @MetaDAOProject
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