An interesting protocol I’ve been watching closely is $GAIA @gaiadotfinance Only ~9 hours left before the auction closes, so there’s still time to do some DD The idea is actually pretty fucking interesting. Traditionally projects raise in stables or ETH. GAIA is building an auction pad where projects can raise directly against tokenized stocks instead. SocialFi project? Raise against META. AI project? Maybe NVDA. You get the idea. It basically turns tokenized equities from something you just hold/trade into actual fundraising rails. I’ve spoken briefly with the team about their plans and, conceptually, this makes a ton of sense to me, especially on Robinhood where stocks + crypto are already converging under one roof. Obviously the real test comes after launch: can they attract quality projects and actual traction? There are risks too that I’m aware of. Undoxxed dev, uncapped raise, early-stage product. But at the current ~90 ETH committed, the auction is implying roughly a ~$1M FDV for $GAIA For something attempting a completely new fundraising primitive, I think that’s cheap enough for me to take the asymmetric bet. Committed 10 ETH myself and I’ll be watching the auction into the final minutes. If I get diluted hard, I may add more. Could be something big or I could lose it betting on an idea that is unique to Robinhood ofc this is NFA and if you do plan to commit please use my ref link below for 5% more tokens