A crash course on the $100T opportunity in Web3
Few understand Web3: It’s more than the "next internet"
All the pieces - crypto, DeFi, NFTs, L1s, DAOs - will combine into the first digital nations, overthrowing centuries of economic oppression
Here’s how it will happen👇
Why
@justinsuntron
and
@Tronfoundation
's acquisition of
@BitTorrent
might end up being one of the most important events of the century... (hint: it’s a harbinger of artists and consumers taking back their rights from the FAANGS tech and media monopolies)
Crypto wasn't made for people, it was made for machines. This might be the most important and lucrative use case - as the "glue" that holds the IoT/AI/Big Data "Intelligent Machine" economy together
Confession: It took me a while to understand
@chainlink
.
It’s just an oracle network, right?
Not even close.
With CCIP, it’s evolved into so much more. But less than 1% of people understand why.
Here's 7 threads explaining why $LINK “2.0” could yield 100x returns:
🧵 of 🧵s
The potential for blockchains could be much, much, much bigger than most can imagine. In particular, the technology might serve as the “glue” that secures the intelligent machine-driven economy. Here’s why the opportunity could be worth quadrillions…
@chainlink
is one of the most important, yet least understood, pillars of the
#crypto
ecosystem
It currently serves a vital role for DeFi, NFTs and L1s/L2s, and may ultimately be the unifying layer of
#Web3
Here’s why $LINK token has the potential to 50x to 100x
👇
🧵
99% of people don’t understand
@Chainlink
They think it’s an oracle network, but with Chainlink 2.0 it’s evolving into something much more
Here’s what everyone misses
(and why this could drive the price of $LINK to $1,000)
[A microthread ⚡ 🧵]
1/10
Confession: I used to think
@ensdomains
was worthless
It’s just a domain name, right?
But after deeply researching the protocol, I found there’s something 99% of people miss
Here's 9 reasons $ENS is one of the most valuable assets of
#Web3
(and why it could 100x)
👇
🧵
Can ChatGPT-4 find the next
#crypto
token to 100x?
To find out, I asked the system to study the the top 67 crypto twitter gigabrains, on-chain sleuths, degens and threadoors...
...and give me a strategy to find tokens with the potential to 100x
Here's its 10-point plan
👇
🧵
Vitalik believes that L2s like
@Arbitrum
are critical to Ethereum’s survival.
But fewer than 1% of people truly understand why.
Here are 10 threads to help you master $ARB:
A 🧵of 🧵s
How do you get rich in a gold rush?
Sell picks and shovels.
Over the last 9 months, I’ve made it my mission to find out who will sell “picks and shovels” in the next CRYPTO GOLD RUSH.
Here's the culmination of 500+ hours of research.
A shortlist for the next bull run:
👇
🧵
The KING of DeFi:
@chainlink
Over the last 3 years it has enabled over $7 TRILLION of transactions
So I spent dozens of hours studying them and learned that what’s coming next is even more exciting
Read this to see how $LINK 2.0 will change
#crypto
Protocols like
@helium
will play a pivotal role in building
#Web3
, but unfortunately they are often ignored or misunderstood by most investors
Here’s why this “picks and shovels” token has the potential to increase in value by 50x-100x
@kyleTwang
@edzitron
It’s an unbelievably poor reflection on our society that two of the world’s richest men might fight.
At the same time I really want it to happen and will definitely watch.
What is
@chainlink
and why is it signficant?
$LINK is one of most important yet least understood protocols in Web3
Here’s a short explanation a 5-year old can undersand
(Great for those new to DeFi)
A microthread ⚡ 🧵
1/15
The KING of L2s:
@arbitrum
Over the last 12 months, they’ve grown nearly 1,000%
So I spent 100 hours researching the protocol to see what makes it so unique
Here’s the secret to $ARB’s success
(and why it might be the key to unlocking the next bull market)
🧵
👇
(💙,🧡)
.
@ensdomains
is one of the most important protocols in Web3
Many believe it has 100x potential
Unfortunately, 99% of people don’t understand why
Here are 10 threads to help you master $ENS
A 🧵of 🧵s
1/10
Bullish on the convergence of crypto and AI but don’t know where to invest?
Many are saying that that
@RenderToken
is the next protocol with 100x potential
Unfortunately, 99% of people don’t understand why
Here are 10 threads to help you master $RNDR
A 🧵of 🧵s
Everyone thinks of
@Filecoin
as a storage network.
But most people don’t realize that it’s making a covert play to dominate a MUCH larger market (one with $100 TRILLION of opportunity)
Here’s everything you need to know to get ahead of the crowd:
👇
[A microthread ⚡ 🧵]
Bullish on the metaverse but hesitant to purchase individual assets such as PFPs or land?
Many investors use a “pick and shovel” strategy, focusing on protocols building the infrastructure for Web3
@Filecoin
is one such project with the potential to 50x-100x
Here’s why
👇
🧵
What is the
@graphprotocol
and why is it signficant?
$GRT is one of most important yet least understood protocols in
#Web3
Here’s a short explanation a 5 year old can undersand
Microthread ⚡ 🧵
1/12
You don’t understand crypto.
And no matter how hard you try, you never will.
That’s because it wasn’t made for your tiny human brain.
It was made for the machines…
Here’s why:
👇
🧵
Confession: I underestimated
@LensProtocol
I thought it was impossible to overthrow giants like Facebook, YouTube, Instagram and Tiktok
But after deep research, I found something that 99% of people miss
Here’s why Lens could be the next big thing in social media
⚡ 🧵
1/10
@graphprotocol
is one of the most important pillars of the
#Web3
ecosystem
It serves a vital role for DeFi, NFTs & L1s, but 99% of people don’t understand how it works
Here’s an explanation that a 5-year-old can understand
(and why many investors are watching $GRT)
👇
🧵
DeFi wouldn’t exist without
@chainlink
Over the last 4 years it’s powered over $7 Trillion worth of transactions
So I dug deep into the protocol to see why $LINK is so successful
Here are 10 reasons
👇
🧵
What’s the best way to invest in the inevitable fusion of crypto + AI?
Many are saying it’s infrastructure.
One notable infrastructure project is
@akashnet_
.
They’re building a “decentralized cloud” for AI compute which could yield 100x returns for the $AKT token.
Let’s
Bull or bear,
@Chainlink
keeps building. It has:
✅ Enabled over $7 trillion in transaction volume
✅ Delivered 5 billion data points on-chain
✅ Supports 14+ blockchains and L2s
$LINK has a massive
#web3
ecosystem (and a few key Web 2.0 partnerships like Google and Oracle)
@akashnet_
may be one of the biggest hidden gems in
#Web3
💎
Unfortunately, fewer than 1% of people understand why
Here’s the unexpected reason $AKT could 100x
(hint: it all has to do with AI…)
👇
🧵
@POKTnetwork
is a hidden gem 💎
It's a critical piece of
#Web3
infrastructure, but 99.9% of people don’t understand it b/c it’s very technical
Below I’ll explain how it works in terms a 5 year old can understand
(and why I expect demand for $POKT to skyrocket)
🧵
🐙
👇
Carnegie and Rockefeller got rich investing in America’s INFRASTRUCTURE
You can invest in the infrastructure of Web3:
✅ DNS ($ENS)
✅ ISP ($HNT)
✅ Nodes ($POKT)
✅ Storage ($FIL)
✅ Querying ($GRT)
✅ Oracles ($LINK)
✅ Shared compute ($AKT, $RNDR, $LPT)
Who else?
Great interview with
@rahulsood
of
@unikrnco
discussing how blockchains can affect gambling and gaming. Gambling is a promising early use case as it solves a true “hair on fire” problem – namely, how can we trust the platforms not to cheat?
Why is
@chainlink
($LINK) the market leader by nearly an order of magnitude?:
✅ Decentralization
✅ Wide adoption
✅ Strong developer community
✅ Data quality
✅ Flexibility
✅ Agnostic architecture
✅ Incentives
✅ Robust security
✅ Scalability
✅ Innovation
The
#metaverse
is inevitable and it's going to be worth TRILLIONS
BUT there’s one huge problem – our current infrastructure can’t support it
Protocols such as
@RenderToken
aim to fix this and, as such, have the potential to increase in value by 30x – 80x
Here’s how
👇
🧵
Think
@RenderToken
is limited to rendering?
Think again
The network of GPUs being built by $RNDR also has massive potential implications for AI
(GPUs are used to train ML and DL models)
That opens up an $80 Trillion market opportunity
The Dark Horse of DeFi:
@GMX_IO
It’s quietly gone from 1% market share to 44% in 18 months
Here are 10 reasons investors are so bullish on $GMX
Microthread ⚡ 🧵 [+10 slides]
🫐
Protocols like
@helium
will play a pivotal role in building
#Web3
, but unfortunately they are often ignored or misunderstood by most investors
Here’s why $HNT has the potential to increase in value by 100x
Prediction:
@akashnet_
will make Amazon Web Services obsolete
Its decentralized architecture is disrupting a $1.6 Trillion market in ways that few people understand
Here are 10 reasons investors are bullish on $AKT
A microthread ⚡ 🧵 [+10 slides]
@NFT_GOD
Huge fan of your work and paying member of your club.
But I must say that I strongly disagree with you here.
Crypto is solving tons of problems - the only reason you can’t see it is because you live in a developed nation.
But for people of developing nations it:
What's the market potential for
@ensdomains
?
Some will tell you it's $8B, the estimated value of the DNS
I tend to think bigger
$ENS might disrupt digital wallets, which opens up a $20 TRILLION market
Prediction:
@akashnet_
will be key to unlocking the full potential of AI
Its decentralized architecture is disrupting a $100 Trillion market in ways few people understand
Here’s why investors are so bullish on $AKT
(and why the token could 100x)
The KING of LSDfi:
@pendle_fi
Its token is up 1,500% this year, but 99% of people don’t understand why
So I’ve hand-picked the best 12 threads on $PENDLE
Read these to go from beginner to master in 15 minutes:
👇
[a 🧵 of 🧵s]
The REAL danger of AI:
It's not job loss or killer robots
It's control by huge corporations like Meta, Google or Amazon (who will use it to deepen their power over our lives)
Fortunately
@oceanprotocol
($OCEAN) may prevent that with "decentralized AI"
A short 🧵 on how
1/10
@graphprotocol
has been on fire lately
According to
@tokenterminal
, its revenue has grown >300% over the last 30 days, making it one of the best performing protocols
This is exciting news, as $GRT is an essential part of the
#Web3
ecosystem
@graphprotocol
is one of the most important pillars of the
#Web3
ecosystem
It serves a vital role for DeFi, NFTs & L1s, but 99% of people don’t understand how it works
Here’s an explanation that a 5-year-old can understand
(and why many investors are watching $GRT)
👇
🧵
A "back-of-the-envelope" valuation of
@RenderToken
Analysts estimate cloud computing will be worth $1.6T by 2030
Let's assume decentralized solutions capture 50%
If $RNDR captures 10% share (in line w/ a top 3 player in tech) that's a FDV of $81B
That's a > 100x return!
Facebook, Instagram and TikTok will be dead in 10 years
Influencers are gaining power, and they’re tired of unequal economics and the constant threat of censorship
They’ll soon lead a “great migration” to decentralized platforms like
@lensprotocol
Here’s why and how
👇
🧵
Account Abstraction has evolved from EIP-4337 to widespread adoption by Starknet, zksync, Polygon zkEVM, and Vitalik's recent recognition.
Curious about the first mobile wallet supporting Account Abstraction?
A Thread 🧵
Today's centralized cloud can't support the demands of the
#metaverse
GPUs in the cloud are:
❌ More expensive
❌ Less efficient
❌ Scarce
$RNDR (
@RenderToken
) aims to solve this problem by leveraging the hundreds of millions of underutilized consumer GPUs
What's the big picture for
@Filecoin
?
Today it's building a network of computers to provide decentralized storage
But once that network is built, creating a "full-stack" cloud solution is a logical next step
This opens $FIL to a multi-trillion dollar market
Shared compute is the most overlooked opportunity in
#web3
AI, IoT and the Metaverse will soon consume more computing power in a month than we’ve used in our entire history
The current Cloud can’t support that
That’s why I’m watching $AKT, $RNDR, $LPT, $FIL and others
Are the L1 wars really over?
@Aptos_Network
has grown 900% in the last month.
With a theoretical speed of >150K TPS, many believe it could be the dominant solution for high-volume use-cases (gaming, social, etc...)
Here are 8 threads to help you master $APT:
👇
🧵 of 🧵s
Bad News: We’re 30 years away from building the
#metaverse
Intel estimates that it will require a 1,000x increase in computing power
But I did some digging, and
@RenderToken
may have found a hack to shorten the timeline
Here’s how
👇
🧵
Why is everyone going crazy over real world assets?
You’ve heard it’s a $16 TRILLION opportunity. You know it will transform real estate, stocks, bonds and private equity. But do you know their value goes beyond that?
Read these 15 🧵s to understand the true potential of RWAs:
.
@ensdomains
is much more than a “decentralized DNS. It is:
✅ Your Web3 identity
✅ A digital wallet
✅ A decentralized website
Given that the value of digital wallets could be $20T soon, are we sleeping on $ENS?
The secret I was too embarrassed to admit:
I worked in tech for a decade, but didn’t understand how the internet worked
So I took two 400-hour coding bootcamps to figure it out
Here’s the story of the internet, from Web 1.0 to
#Web3
(in terms anyone can understand)
👇
🧵
AWS, GCP and Azure extract a heavy tax from users
@a16z
estimates that the top 50 publicly traded software companies spend in excess of $8B for cloud services (~50% of revenue)
Projects like
@akashnet_
($AKT) can fix this
Why are dapps choosing
@POKTnetwork
over Infura and Alchemy?
✅ Reduced Costs: $POKT is up to 10x cheaper than centralized nodes
✅ Increased Reliability: Its network is redundant, allowing 100% uptime
✅ Censorship Resistance: Decentralized nodes can’t be censored
2/10
Chainlink occupies an interesting position as the dominant “middleware” layer transferring data between blockchains and the real world
Since it’s already transferring data, it’s not a huge leap to perform computations on that data, store it or even transmit it
Account abstraction
So hot right now
Unfortunately, fewer than 1% of people understand how it works or why it’s important. I didn’t, so I spent 40 hours studying it
Here’s everything you need to know about Account Abstraction:
(in terms a 5-year-old can understand)
👇
🧵
2/
Ethereum Name Services allows users to translate blockchain addresses into human-readable names
On the surface, it works like the DNS (we’ll explain this in a second)
It has a MC of $285M, FDV of $1.4B, and its $ENS token trades at $14.09
In 2021, the price hit $85.69
10/10
As such, I don’t think a long-term valuation of $500B to $1T is impossible for Chainlink.
At 1B total tokens, this would imply a price of $500 to $1K per token, a 80x to 160x return over today and 10x to 20x over its ATH
Where's the smart money investing in crypto?
Infrastructure
Over the last 6 months it’s accounted for > 50% of all VC investments.
Unfortunately, few know what tokens to watch
Here’s a short review of
@Livepeer
($LPT), a crucial infrastructure project
that many miss:
1/12
Confession:
I don’t like it when crypto prices go up.
I never feel like my stack is big enough and I feel like it just makes it more expensive to accumulate.
Am I weird or does anyone else feel this way?
The
@POKTnetwork
may be the most underappreciated protocol in Web3
It’s solving a major problem in crypto that 99% of people aren't even aware of
Here’s everything you need to know about $POKT
(and why it’s so valuable)
"Real world asset" protocols like $MKR, $MPL, $CFG, $TRU, $GFI will disrupt Wall Street
Why?
✅ Liquidity
✅ Transparency
✅ Interoperability
✅ 24/7 Trading
✅ Smart Contract Automation
And many more!
Are you bullish on RWAs? Why or why not?
4/
There are 10 major categories of infrastructure in Web3:
• Wallets
• Decentralized ISPs
• Decentralized domains
• RPC nodes
• Smart contract platforms
• Rollups
• Storage
• Oracles
• Search tools
• Shared compute
Let’s look at the top players in each category:
99% of people don’t understand
@Chainlink
They think it’s an oracle network, but with Chainlink 2.0 it’s evolving into something much more
Here’s what everyone misses
(and why this could drive the price of $LINK to $1,000)
[A microthread ⚡ 🧵]
1/10
Amateurs invest in products, but pros invest in infrastructure
And
@filecoin
is one of the most important “pick and shovel” plays for DeFi, NFTs and the metaverse
Here’s what makes $FIL so valuable
[A microthread ⚡ 🧵]
1/12
14/
$ENS doesn’t just support
#Ethereum
, it can also be used on over 100 other chains
The full list is maintained on Github, but here’s a snapshot from last year:
3/
This thread will cover the following:
• What is the DNS?
• What problem does
#ENS
solve?
• How does it work?
• Why is it's potential so much more than a simple domain service?
• What are its
#tokenomics
?
• What’s the potential value of $ENS?
2/
Chainlink is a “decentralized oracle network” that allows blockchains to connect to real-world data (we’ll explain this in a second)
It has a market cap of $3.6B, FDV of $7.2B and its $LINK token trades at $7.15
During the last
#crypto
bull market, the price exceeded $50
4/
🔶 What is the DNS?
The Domain Name System (“DNS”), is one of the most important parts of the Internet
Because it operates behind the scenes, most people don’t appreciate its significance and often don’t even know it exists
Here’s how it works:
3/10
This is exactly what the protocol plans to do with the release of Chainlink 2.0
It’s utilizing “hybrid smart contracts” – computer programs that that combine ON-chain data with OFF-chain data – to create a new layer that can perform computations off-chain
24/
🔶 Market Overview
At first blush, it’s tempting to calculate the potential of
#ENS
using the DNS, which MIT researchers recently valued at $8B
But I believe this significantly understates the opportunity…
Most of the criticisms against crypto are weak
They come from midwits or people that haven’t done their homework
But there is one vulnerability that worries even the staunchest supporters
In fact, many have called this the “greatest existential threat to crypto”
👇
🧵
10/
🔶 Solution
As such, decentralized DNS services - such as the Ethereum Name Service - aim to supplant this ~40 year old system and become the “phonebook” of the
#blockchain
2️⃣
@poopmandefi
provides another easy-to-understand (yet extremely thorough) overview of CCIP including:
· What is CCIP
· How it works
· Why it’s important
Read more below:
Chainlink's CCIP is underrated 👈
With the blessing and cursing voting mechanism from the active risk management system,
@chainlink
will become the most secure cross-chain protocol in the crypto space 👑.
A digestable & mega thread on CCIP 🧵, the future of cross chain.
Will the future be Cross-Chain with
@Chainlink
CCIP?
Multiple questions have been asked regarding the future being Multi-chain, Cross-Chain or Omnichain.
Let's explore this innovative Cross-Chain solution together: 🧵
6️⃣
@CatfishFishy
covers the tokenomics of $LINK, in particular:
· How is revenue captured?
· Why is there no burn?
· Where do fees go?
Hopefully this will appease the “why token” crowd that will inevitably show up in the comments section:
Since the launch of CCIP, I have seen the topic of LINK tokenomics come up often. People have been asking, “How does CCIP generating revenue benefit me?” or “How do tokenomics work with no token burn?” or “Where do the paid LINK fees go?” This thread explains it ALL: