investments @wmt_ventures

Joined August 2021
New: @wintermute_t plans to invest about $1 billion in high-frequency trading and AI data center infrastructure over the next five years, as the market maker looks to diversify into traditional markets following a slump in crypto bloomberg.com/news/articles/…
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Pascal is going after the gaps in today’s prediction market venues. Better liquidity. Better fees. Built for traders from day one. Anyone actively trading prediction markets should try them out. And if you are not, Pascal might be the thing that gets you there. Congrats to @ivo_crnkovic, @yenwod_, and the @pascaldottrade team on the launch!
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There's never been a better time to build If you're building in crypto, fintech, AI, robotics, or quantum, R[3]sidency × Construct is for you Apply now ↓
Applications are open for R[3]sidency × Construct A 12-week accelerator for founders building the machine economy: crypto, fintech, AI, robotics, and quantum Backed by @fabric_vc and Wintermute With @solana as ecosystem partner and continued support from @coinbase
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wintermute asia office if memecoins did not exist
This is not affiliated with Wintermute We have offices in London, New York, and Singapore only
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The next cycle is being built right now We built a job board so you can find your next role across the Wintermute Ventures portfolio Explore open roles across 100+ companies at the frontier of DeFi, blockchain, infrastructure, and more →→→ vc-jobs.wintermute.com/jobs
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We're excited to participate in @pave_bank's Series A A licensed, full-reserve bank building programmable infrastructure for the on-chain era Institutions can hold, transact, and program across fiat and digital assets in one platform Congrats @sodhanani @simonvc Why we invested 🧵
Pave Bank is excited to announce our $39m USD fundraise, led by @accelindia with @tether @wmt_ventures @QuonaCapital @468Capital and others. We're building the worlds best bank. Licensed and regulated by the National Bank of Georgia (@NBGeorgia )
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Sorry to disappoint you, but Wintermute is perfectly fine, business as usual
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people don’t realize how heavily subsidized AI is right now your o3 prompts probably cost more in electricity alone than your subscription fee remember when uber was awesome and cheaper than a taxi? yeah, that.
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we merged!
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Added some stats to my ETH2 staking deposits dashboard 🥩 It now includes: 🥇 Top Depositors 📫 Deposited Amount 💦 Liquid Staking Marketshare 👥 Entity Breakdown 📊 Category Breakdown ⚖️ Staking "Marketshare" & more! Link 👉 dune.xyz/hildobby/ETH2-Depos…
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why did uniswap buy genie? why are nft platforms being acquired or funded? check the chain erc721 transfers happen as frequently as erc20 transfers on ethereum. users/devs like non fungibility, they're an important building block for the digital economy pfps are just the start
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Bancor was actually a much bigger scam than I think anyone anticipated. In return for protection from IL, LPs anchor themselves 100% to the value of BNT. But BNT, and all of their deposits, can go to zero in days.
Bancor’s shell game of IL hiding is collapsing. They print new BNT to compensate underwater LPs and call it “IL protection”. The cost is transferred to BNT holders via inflation, which causes further IL to all other BNT pairs, and leads to further inflation. A death spiral.
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Terra is a case study as why you don’t tie the economic security of a blockchain to an unsustainable ponzi Keep the musical chairs capital rotation games at the app-layer, not the L1 chain layer There’s dApps that had little to do with UST being affected by this halt
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Possibly the biggest attempt at non-token-holder-centric DAO governance so far. Excited to see where this goes. 👀
Replying to @Optimism
The Optimism Collective will be governed co-equally by two houses: 🏛 The Citizens’ House 💰 The Token House Together, they will drive rapid, SUSTAINABLE growth in Optimism, Ethereum, and the new internet.
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1/ It’s L1 season and there are 128738753 new L1s out there. Conversations around assessing the relative value of these networks is often vague. Here’s a more structured approach: jumpcrypto.com/a-framework-f… THREAD 🧵 👇
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This is very different from previous bridge hacks where the root cause was a smart contract bug. This is a much more "classical" hack of private keys in a multi-key security setup. This is why trust-minimized bridging is SO important.
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I've been investing in crypto for the last 6 years and angels frequently ask me how to evaluate projects. Here are the steps I generally recommend in running a diligence process for an early-stage crypto investment. *disclaimer: these are my personal views*
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0/ I'm often asked: how do you keep up with DeFi when it moves so fast? My response: if you focus on learning a handful of core concepts, you'll be 80% there with 20% of the effort. 🧵The first 5 concepts you should learn in DeFi 🧵
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Imagine dropping this NFT and saying "I am going to build a major lifestyle brand on this crocodile" And, yet, that is Lacoste with close to $700M in annual sales.
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The devs at @zapper_fi just finished indexing all the NFT transfers and OpenSea sales since block 0 on mainnet. That's: - ~26k collections - ~25 million NFT transfers - ~12 billions in sales on OpenSea - Very bullish
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