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se
@seyong
cofounder @fomo
2.1K Following    38K Followers
me buying $5 of $ANSEM and getting $4.90. will expect an apology in public given thats where you seem to be most comfortable.
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1% for the trenches - ft. @boosteryting In continuing fomo tradition, Jack has gifted $1K to @notschz @fomo has matched $500, bringing the total amount to $1.5K
some traders have mentioned they are being offered large piles of cash to leave fomo & trade on another app for 3 months. our response is and always will be that we will never pay anyone to trade on our app. the entire fomo network has been built organically. we feel that the only way we can build a long term social platform for finance is for it to be organic. every social platform allows for better experiences as a user grows. we must allow for the same and do things that scale the social graph. i.e. attribution, monetization, etc. are problems we MUST solve in order to achieve this goal. we have lots of exciting things to launch that will allow top users grow with the platform as they bring balue. on the flip side, we’re also grateful to have helped build a social network where the top users can command such high markets. there are some ppl i speak to where i suggest taking the deal if its something thatll help their life. i am never someone to get in the way of someone and their business. the value of todays top users on fomo is already so high, and we only expect that to grow. traders are the next celebrities and they will be the biggest celebrities among the current & future generations to come. we hope fomo can steward in that future. today, people use fomo because it is the best product and because we treat people with respect and transparency. those are the only two things that matter to us. with scale comes problems to solve. we are committed to making this the best trading product in the world. every waking hour is spent towards working to this goal (including this one). as always, my dm’s are always open for feedback, issues, and ideas.
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@_bolivian @Pumpfun i was a poor immigrant kid from nj who made his first 5,6,7 figs onchain. traded every tool on every chain under the sun. i was trading on chains that u didnt even know existed. i ran a 5k->100k challenge live on fomo in the early days and have more onchain exposure than u.
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1% for the trenches - ft. @rasmr_eth In continuing fomo tradition, Rasmr has gifted $1K to @Pixele0 @R0NV0 & BlockHunter @fomo has matched $500, bringing the total amount to $1.5K
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reminder: not a single person on @fomo is paid to trade for the love of the game, purely
100K new users… this week 1M next.
Small milestone, but fomo just hit 100K users today 1M next.
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no i didnt need to write this post. most others would not have. however we celebrate the wins in public so its important to acknowledge shortcomings as well. thats what building in public is all about
$423M traded. 75K traders strong. Built on fomo.
one thing i dont want to be shy about is growing pains at @fomo we deeply appreciate all the users who come back and use the app regularly... whether you are a $10 trader or $1M trader, whether you give us praise or criticism, and whether you have been around for a year or just joined us yesterday. each user is just as important as the last to us. admittedly, there's a lot of improvements for us to make as we have the privilege to scale. this is not lost on us. today we have ~1M lifetime users on fomo. our goal is to have 1B users in the coming years. that means on paper, we need our performance to be AT LEAST 1000x better than it is today. now, that wont happen overnight. however, you have our commitment that over the short, medium and long term, we are committed to doing every in our power as a team to make sure you have the best trading experience in the world. every chain, every asset class, every form function. my dm's are always open for feedback, thoughts, and really anything else.
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39,475 wallets traded robinhood tokens on fomo yesterday
5100/6300 now wow
a coin just launched and 3600/4400 holders are on @fomo lol
a coin just launched and 3600/4400 holders are on @fomo lol
just another day on the social graph of finance…
the trenches are simply just better when funny/cute memes & culturally relevant news/events run hard
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this means that ~60% of people who have ever signed up to fomo used it this month
fomo has 500k MAUs so far in July
important distinction on "vibecobing" vs engineers using AI: to non-mathematicians, all mathematicians are all the same. they're just elite at math. to the normal person, there are no bounds to even understand the gaps between the #1# ranked mathematician vs #25# vs #1000# only when you are an elite mathematician can you easily spot what level other mathematicians are. #1# can easily place every single one of his peers. #25# can do the same, but mostly only for those that are worse than him. similarly, the normal person using AI to vibecode cannot comprehend how far the gap is between them using AI on ChatGPT/Claude/etc. vs an actual elite engineer using AI. the app that you end up vibecoding can look very similar to a real app after some prompting, sure. but that would be just like looking at two basketballs going into the same hoop and ignoring the form, the shooting accuracy, the distance, the move into the actual shot, etc... (the guy at the very end of the NBA bench is closer to LeBron James than you are to him) maybe one day, this all gets democratized and you can "vibecode" the next Meta or the next Google but we are many orders of magnitude away from that even being comprehensible.
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i still wonder what he meant by this