Telegram-канал ahboyashreads - Ahboyash Reads: Unsorted

ICYMI, wrote 2 threads on Grass:
1. Introduction: https://x.com/ahboyash/status/1839668862222319671
2. Revenue and LCR: https://x.com/ahboyash/status/1852360536186560812

Summing it up again ↓

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1. Protocol Overview
• Operates ~2.5M nodes with capability to scrape 15M articles daily at just 0.1% network capacity
• Targeting 100M nodes to enable internet-scale web crawls (think Google/Microsoft level capability)
• Can handle 80TB of data (enough to scrape GPT-3/3.5 twice daily)
• Network has scraped nearly 1B minutes of multimodal data (video, images)
• Utilizes residential IPs to bypass traditional scraping limitations

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2. Market Position & Competitive Advantage
a) Data Access Solution
• Solves major AI industry bottleneck of data access
• Bypasses traditional barriers through distributed residential IP network
• Provides verifiable, high-quality data with provenance tracking

b) Live Context Retrieval (LCR)
• Enables real-time data access for AI models
• More valuable than static historical datasets
• Critical for financial applications and current event analysis

c) Network Effects & Growth
• Strong positive feedback loop: More nodes → More data → More demand → Higher rewards → More nodes
• Easy onboarding through mobile apps and future hardware devices (referral system > think back to MLM marketing and muh pyramid)

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3. Tokenomics & Market Dynamics
a) Supply Metrics
• Total supply: 1B tokens
• Current real float: 37M tokens (~9-10% of total supply)

b) Supply Constraints
• Locked tokens cannot be staked until vested
• No unlocks until October 2025
• Known, fixed selling pressure of ~1.25M tokens monthly from rewards
• No significant exchange allocations

c) Token Utility
• Required for web scraping transactions
• Dataset acquisitions
• LCR usage
• Staking rewards (currently 52% APR)
• Governance rights
• Network fee buybacks

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4. Demand Drivers
• 2.5M daily active users (Rapid growth in under 1 year)
• 2M active nodes
• Revenue from web2 AI companies

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5. Risks
a) Regulatory
• Operating in legal grey area
• Evolving regulatory landscape
• Privacy concerns

b) Competition
• Major players like Perplexity and OpenAI
• Potential for new entrants

c) Technical
• Scaling challenges
• Data quality maintenance

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6. Potential Catalysts
a) Supply Dynamics
• Limited float
• Long lock-up period
• Controlled emission schedule

b) Demand Factors
• Growing institutional interest
• Expanding use cases
• Network effect acceleration - flywheel spins
• More usage for the token, their own rollup soon perhaps?

c) Market Position
• First-mover advantage in decentralized AI data
• Strong technical moat
• Clear path to revenue

I obviously own and touch grass

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Ahboyash Reads

26 Nov 2024 05:09

https://x.com/Agonybeard/status/1860242100304117986

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Ahboyash Reads

26 Nov 2024 04:54

https://twitter.com/akachacolate/status/1861188709846261761

- Simply building good technology isn't enough anymore > Companies need to win "mindshare" (brand awareness) to succeed
- Being absent from CT severely limits a crypto company's growth potential
- Don't be afraid of making mistakes; CT has a short memory
- Some technically strong projects fail due to poor CT presence, while some weaker projects succeed through effective CT usage

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Ahboyash Reads

26 Nov 2024 18:10

Best pasta of this cycle has been created

(Ethereum Foundation take note)

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Ahboyash Reads

26 Nov 2024 18:05

https://x.com/defi0xjeff/status/1861446243639271804?s=46&t=2q9OLMlaobNlHLewOXT4uA

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Ahboyash Reads

26 Nov 2024 17:48

https://l2ivresearch.substack.com/p/understanding-binius-part-i

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Ahboyash Reads

26 Nov 2024 17:22

https://jpkoning.blogspot.com/2024/11/how-my-views-on-financial-privacy-have.html

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Ahboyash Reads

26 Nov 2024 17:17

https://twitter.com/pet3rpan_/status/1861441686494200027?s=46&t=2q9OLMlaobNlHLewOXT4uA

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Ahboyash Reads

26 Nov 2024 17:10

https://twitter.com/100y_eth/status/1861391515362484672?s=46&t=2q9OLMlaobNlHLewOXT4uA

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Ahboyash Reads

26 Nov 2024 17:05

https://x.com/s4mmyeth/status/1861416272728088878?s=46&t=2q9OLMlaobNlHLewOXT4uA

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Ahboyash Reads

26 Nov 2024 15:46

https://twitter.com/0xSleuth_/status/1861414714913497584

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Ahboyash Reads

26 Nov 2024 15:13

Hey guys! It’s been fun. This run up to $99k marked the ultimate top. I sold all my crypto down here as the bull is over. Saylor is out of money, trump exited his positions, and retail capital already lost it all.

Don’t want to sit here through bear and lose with you guys. See yall in 4 years, was fun this year. Hope you make the wise decision and sell it all too. I mean, we sent a squirrel to 2B, you didn’t expect to continue right?

I think most of you just have huge gambling problems, this isn’t even real investing. Sell your dog shit and take care of your families instead of losing it all.

Peace.

Newsy Johnson

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