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Introducing Hedera Cap 🧢 A unique & exclusive physical product. 🧢 Supply: 50 Caps — launching on Kabila 🗓️ Launch Date: Nov 12 | 4 PM UTC 💸 WL Price: $55 I Public: $65 in $HBAR 🌐 Website: ⚙️ Process: Mint → Burn → Claim → Enjoy Don’t miss...

11,166 views • 9 months ago •via X (Twitter)

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🌋A Mega thread on gensyn Token sale ✅Good opportunity for Node runners on Testnet ⚠️Risky for others 🪙Total supply - 10B 🪙Token sale 3% - 300M 🪙Bonus Multiplier for Testnet 2% - 200M 💵Valuation floor - $1M 🧢Valuation cap - $1B ⛓️Sale on Ethereum 💸Currency - $USDC & $USDT 🪙 $AI on Gensyn Network (L2) 🤏Min bid - $100 🔓Vesting - 100% TGE unlock 📆Sale start - 15 Dec 📆Ends - 20 Dec 📆Allocation reveal - 25 Dec 📆Claim - Early February 🔗 📥Sale Type - English auction with valuation cap 💵U place a bid with price willing to pay 📉Team allocate from the highest bid price downward until all 300,000,000 tokens 💵Lowest bid will become clearing price 💵Everyone pay clearing price 🤷In simple terms, it's just like MegaETH sale 🎁Testnet Sale Multiplier 🪙2% to rewarding Testnet users 📝Eligiblelity - u need to place Atleast min bid $100 😉In simple terms Testnet users get more tokens compared to others 🎁Mainnet Multiplier - they also announced mainnet rewards 🪙Verified Testnet participants receive a multiplier that grants additional tokens in the sale 🔜Soon I will post Testnet guide ✅Overall it looks good for Testnet users ⚠️Very risky for public ⚠️Testnet users get at lower FDV so they can dump on others ⚠️If clearing FDV is $500M, Testnet users might get at $350M depending on activity and bid amount ✅I will join as I'm eligible for Testnet multiplier ✅I will decide amount of deposits based on clearing price 🫵What about u? 💙Like 🔁RT

CryptoTelugu

102,780 views • 7 months ago

STEPN x adidas Raffle Mint 🚀 To kick-off our collaboration with adidas and ALTS by adidas, we are raffling 990 co-branded Genesis Sneakers on priced at 10,000 GMT per Sneaker, on Solana 👟 These co-branded Sneakers will come with exclusive perks: They will provide 200% XP when traded on and holders will also get a brand-new #STEPNCard (more details coming soon 👀)! This exclusive collection contains 4 unique Sneaker designs, including a series of 43 ALTS by adidas coloured Sneakers, and 957 other Sneakers based on four different colour palettes. The Raffle Mint will happen in two phases: 1️⃣ April 17th, 00:00 am UTC - April 17th, 11:59pm UTC 🔹 200 co-branded Genesis including 40 exclusive ALTS-coloured Sneakers. With a special allowlist for ALTS by adidas holders & FSL’s most active users: 👉 ALTS by adidas NFT holders 👉 STEPN: OG or Genesis holders, or owners of “Effective Mover 6” Badge 👉 MOOAR: membership level 5 and above 👉 Gas Hero: Badge or Genesis Holders 2️⃣ April 18th, 00:00 am UTC - April 21th, 11:59pm UTC 🔹 790 co-branded Genesis Sneakers 👉 Open to everyone Raffle Mint Rate-Ups: During the entire Raffle, you can benefit from exclusive rate up bonuses under certain conditions: 🔹 ALTS by adidas NFT collection 🔹 Each MOOAR Sneaker locked in your MOOAR account provides an extra 50% chance 🔹 User trading level and consecutive membership months 🔹 Tickets purchased with FSL Points provide an extra 50% chance More information: 👉 Snapshot for the allowlist was taken on April 12th, 9am UTC 👉 All GMT deposited will be rolled into the next day’s raffle until the end of the event 👉 GMT can only be withdrawn when the raffle ends 👉 Winners may locate their prize in the MOOAR dashboard 👉 Winners will be drawn at the end of each day, and their prizes will only be claimable after the raffle ends on April 22nd Note: STEPN users eligible for the allowlist need to link their STEPN email to their #FSLID before April 16th at 12:00 PM UTC to benefit from early access, and make sure this FSL ID is linked to their MOOAR account by the deadline. ➡️ More details on how to set-up your FSL ID: Got queries? You can connect with us on MOOAR Discord: ⚠️ Be ready, the Raffle Mint starts soon on STEPN x adidas: Step into the Future. For more details on the allowlist, check this handy thread 👇

STEPN GO

376,167 views • 2 years ago

🚨 All-in-One $DOGIN Announcement 🚨 Everything you need to know about the $DOGIN airdrop, claiming process, and listing schedule. 👇 ______ 🗓 Listing Schedule: $DOGIN will be listed on Nov 5th at 3 PM UTC on Gate.io and @MEXC_Official . Right after trading starts, the team will add liquidity to @RaydiumProtocol and Invariant, making the token available on Jupiter as well. DoginHood on 🦎Coingecko: ______ 🕒 Claiming Schedule: At 3:10 PM UTC, eligible users (airdrop recipients, investors, IDO participants on SpartaDEX) are able to claim their tokens from our new website: 🔗 📢 Disclaimer: The website is not live yet but will be launched within the next 2 hours. IDO participants on Eesee will receive their tokens via the launchpad at the same time. Why is there a time gap between the CEX listing and token claim? For safety reasons. We need time to add liquidity on DEXs. ______ 🚀 How to Claim $DOGIN Tokens: 1. Visit our new website. 🔗 (going live within 2 hours) 2. Connect your Solana wallet (supports Phantom, Nightly, and Pontem). It can be the wallet you provided in Telegram, but doesn’t have to be. 3. Connect your primary EVM wallet (this will be used to receive future benefits, including tokens from Degen Caravan Events). 4. Connect any additional EVM wallets eligible for airdrops or pool allocations: • NFT airdrop (Base chain NFT holders) • GameSwift Airdrop • Strategic Round • IDO on SpartaDEX Note: Steps 3 and 4 need EVM signatures for each wallet. 5. Sign the final transaction to confirm the start of vesting (100% TGE unlock). 6. Go to the “Claim” tab. 7. Claim your tokens. 8. Use the “Token” tab to stake or buy more $DOGIN. ______ ⏳ Airdrop Details: Claim window: You have 14 days to claim the airdrop. After this period, any unclaimed tokens will no longer be accessible. NFT Airdrop: 20% of the total supply is allocated for NFT holders. Normal NFT holders: 300 $DOGIN tokens each. Golden NFT holders: 16,235 $DOGIN tokens each. Eligibility: All holders of our NFT collection on Base, totaling 6,053 wallets, are eligible. ______ 🎯 Game Airdrop: 5% of the total supply: Arrows are key for both the Degen Caravan and the airdrop. This method was the most reliable for distribution, as Diamond Arrows were only given to active players who joined our social quests. Here's the formula: Point system: • Bronze: 1 point • Silver: 1.5 points • Gold: 2 points • Brotherhood: 80 points (capped at 20k points per user) Diamond Arrow Multiplier: • 20 diamonds: *1.1 • 40 diamonds: *1.2 • 60 diamonds: *1.3 • 75 diamonds: *1.5 Note: Points don’t directly translate to $DOGIN tokens but were used to determine the airdrop allocation. ⚠️ Bot Detection: To ensure fair distribution, we flagged and excluded 120,000+ suspicious wallets using these checks: • Gameplay sessions longer than 24 hours flagged as bots. • Two separate 8-hour sessions flagged as bots. • Five separate 3-hour sessions flagged as bots. • Over 300 refreshes in a day flagged as bot behavior. Minimum Requirement: Players needed to collect at least 1,000 arrows to be eligible. A total of 49,920 wallets are eligible. ______ 💡 GameSwift Airdrop: 3% of the total supply 7,423 wallets staking $GSWIFT (in GS Pay or regular staking) are eligible. This allocation was managed by the GameSwift Team but can be claimed on our new website. ______ 📢 We aim to reward genuine community members and keep the game fair and fun. Our airdrop filters ensure rewards go to real players only. ______ Get ready to claim your $DOGIN, gentlemen. It's about to get real. 🫵🐶

Department Of Government Inefficiency - D.O.G.I.N.

220,847 views • 1 year ago

🔥 PROPBASE 7th ASSET OFFERING 🔥 🔥 Blossom Beyond 🔥 Propbase is launching its 7th asset offering, focused on long-term asset appreciation, rental income, and strong future resale potential. 💎 This property offers an accessible entry point into Bangkok real estate, with a projected 6.79% gross rental yield and 6.0% estimated annual appreciation. 🔗 Sign Up Now: 💎 Investment Highlights 💎 Total Investment: 71,400 USDC Gross Rental Yield: 6.79% Est. Annual Appreciation: 6.0% Token Price: 100 USDC Min Allocation: 100 USDC Max Allocation: 7,100 USDC Vesting: 2 Weeks The asset is designed for long-term value growth, offering significant upside potential and strong future resale demand. 🔥 💰 $1,250 PROPS Giveaway 🚀 Early Participant Bonus The first 20 unique participants in the token sale contract will each receive a $50 PROPS bonus after the sale ends. 🏁 Sale Finish Bonus The final wallet to participate and complete the property token sale will receive an exclusive $250 PROPS bonus. Don’t miss your chance to secure extra rewards! 📅 Key Dates Pre-Registration: 5th June, 11 AM UTC Platinum Round: 12th June, 11 AM UTC Elite Round: 13th June, 11 AM UTC Gold Round: 13th June, 11 PM UTC Fair Round: 14th June, 11 AM UTC Sale Ends: 26th June, 11 AM UTC ✅ Past Asset Performance Propbase has successfully launched 6 previous asset offerings, all of which sold out fast and reached all-time highs of 15%–21% above their initial launch price on the secondary market. 🚀 Backed by strong participation, liquidity, and active market demand, every asset offering has continued to build momentum across the Propbase ecosystem. How to Participate: 1️⃣ Sign Up 2️⃣ Connect Wallet 3️⃣ Complete KYC 4️⃣ Register to Participate Sign up for your membership today and join the future of asset-backed, yield-generating, and progressive real estate investment! 🔥 #RWA #PROPS #Tokenization #Aptos #RealEstate

Propbase

54,332 views • 2 months ago

Fulu Talisman Ordinals Release Announcement【Backup version】 (The Official Release Announcement of FuluTalisman has gained too much popularity, with nearly 50,000 reads within 24 hours. Excessive private messages and frequent interactions have temporarily frozen the account. It will take a few days to unlock. During this period, operations will be primarily managed by 孟元景| Mark Meng. Collaboration community giveaways can use this tweet.) 🚀Positioning🚀 The world's first decentralized religious PFP Ordinals collection. 5000 years of Chinese Taoist runes. Every Ordinals Address and collection needs the Fulu Talisman to bring good fortune and blessings. 🔥Introduction🔥 XianDAO, a decentralized religious organization, announces the launch of the Ordinals collection “FuluTalisman.” MarkMeng, founder of XianDAO, is the 76th generation descendant of Confucian saints, a disciple of the top Taoist sect with 1600 years of history, and the inheritor of ancient martial arts. MarkMeng deeply believes that BTC is the spiritual totem of the crypto world, but its ecosystem remains underdeveloped. He believes that BTC's ecosystem needs to carve out its own unique path to distinguish itself from others. Inspired by Taoist supreme deity Emperor of Nothingness (The Primordial Supreme Deity), MarkMeng uncovered and resurrected 250 human-shaped Taoist runes. Using the Bitcoin decentralized network as the largest technological religious altar, he built the XiuXian Meme IP to construct a decentralized religious kingdom on-chain, driving the prosperity of the BTC ecosystem. 📜Basic Information📜 Official Website: XianDAO Discord: Supply: 5000 Launch Platform: TBA Mint Time: TBA ✨Mint Rounds✨ Round 1: OG Round Price: Free Each OG holder address can mint 2 FuluTalisman (snapshot time TBA) Note: It is recommended to split holdings between different addresses (one OG per address). An additional 250 spots will be allocated for XianDAO Builders. Round 2: WL Round Price: 0.0003 BTC (~30 USD) Each address can mint one FuluTalisman. Note: If you wait too long, there is a small chance you may miss out. Round 3: Public Round Price: 0.0003 BTC (~30 USD) Note:Every address can mint one FuluTalisman. 💰Important Notice💰 The #BitcoinXiuXianOG is the safest and most reliable choice. It represents XianDAO’s identity, the core asset of our Meme IP, and the golden shovel. You can even purchase directly here: 🔮Rune Airdrop Rules🔮 FuluTalisman is just the beginning. Our next step is the world’s first decentralized religious rune airdrop through a divine ritual to summon the Emperor of Nothingness (The Primordial Supreme Deity). Both #BitcoinXiuXianOG and #FuluTalisman collections will receive 50% of the runes, distributed evenly within each collection. The snapshot will be announced before the airdrop, and distribution will be based on the address holdings at that time. #BitcoinXiuXianOG holders will receive approximately 7 times the amount of runes compared to #FuluTalisman holders. 🙏Charitable Donation Request🙏 We are preparing to host the grandest religious ritual in the world’s largest tech temple — the decentralized Bitcoin network. This will be a divine summoning ceremony to invoke the Emperor of Nothingness (The Primordial Supreme Deity). To achieve this, we need more donations. Please donate BTC to the following address: bc1p262j3h03gfcajhn2ruj75jgvthssnrhupnqdtyceyu90zn4ven9sc9qwd4 Please note: This is a charitable act with no return. It is an opportunity to accumulate merit. You can donate any amount, such as 10U, 15U, or 20U worth of BTC — any contribution is welcome. All BTC will be used to host the divine ritual and empower the arrival of the Emperor of Nothingness. Additional Ordinals collections and runes will be offered as sacrificial gifts to Satoshi Nakamoto’s address. Every donor's address will be recorded and etched on the Bitcoin blockchain as a permanent document of sacrifice, sent to Satoshi’s address. Together, we will help revitalize the BTC ecosystem. All participants in this grand religious ritual will become part of this monumental legacy, eternally etched in history. 🔔Follow, Like, Retweet, and leave your best New Year wishes in the comments with an @ to your friends. This will bring you and your friends good fortune in the New Year. — MarkMeng, 2025.1.13 XianDAO

孟元景| Mark Meng

119,963 views • 1 year ago

Min Hee-jin (NewJeans Producer) NHK Music Interview 🔗 “Meticulously planned debut ‘Attention’” 🧢: When I was preparing to launch NewJeans, I really struggled with deciding what our first piece of content should be. I thought about it for a long time and considered many possibilities. It was a project that came with high expectations, and for me personally, it was also my first opportunity to prove myself. So how I presented it mattered enormously. Even down to the smallest details… like the impression the very first released photo might give, or what kind of impact we could make at launch. I thought hard about what kind of content would be the most effective… should it be a video or a photo? What time of day would be most effective to release it? I consider things like that very carefully. For example, the way a person experiences content at night versus during the day can feel quite different emotionally. So I even thought about those subtle aspects. Eventually, the conclusion I reached was: “Let’s make the most of our situation.” At the time, the members hadn’t been revealed, and no one knew how many of them there were or what kind of group this would be. So I wanted to maximize that curiosity. You know how the more something is concealed, the more curious people become? I wanted to build that curiosity to a peak and then release everything all at once. That’s why we decided not to release a teaser and instead go straight into a full music video. (This was actually inspired by Hyein suggesting we skip teasers.) I didn’t think still images or photos would be enough to fully convey the feeling I wanted to express. I felt that video and music together would evoke the emotional response I was looking for because people experience things synesthetically. When sound, image, and feeling come together, the emotional impact is stronger. I believed the best way to present the members’ images was through music and a moving picture… that’s why we led with a music video. In the debut music video, “Attention,” there’s a scene where the members act out a little drama. I paid very close attention to that moment and created music that would fit it precisely. For me, I don’t just make content… I design the entire process of how it should be shown for the greatest effect. And I believe that’s incredibly important. That first feeling someone gets when they encounter something… that emotion, that spark… is so important to me. I’m very detail-oriented, but I also value fun deeply. So rather than just releasing content, I want to enjoy the process leading up to it. Even when we released our second album, since we shot the entire music video across the country, the sequence of how we released the videos was critical for me. It’s hard to explain all this simply in an interview, but maybe some people noticed: the first content we released that time was actually a teaser for the last track, “ASAP,” and then we followed that with the full music video for “New Jeans,” which was the first track. That order was a carefully calculated strategy. It was designed to guide the audience’s emotional journey. Seeing the audience react just as I had hoped—that whole process was honestly so fun and thrilling for me. I think I really enjoy that kind of thing. ——— “How 'Ditto' was born” 🧢: People often praise the music of NewJeans, and I hear a lot of talk about genres. But actually, I don’t feel bound by genre at all. I love a wide variety of music. I’m not the type to insist on only one particular genre. What I love are songs that blend genres cleverly… those are my personal favorites. So going forward, my focus is not on genre but on whether something feels fresh and whether it can create an emotional moment. I don’t want to define what kind of music we make. And I think you have to experience the flow of the times to really understand what’s meaningful in a given moment. For instance, the song “Ditto” was chosen because it delivered emotion. It matched perfectly with the winter album concept I had envisioned, both in terms of timing and mood. When I hear a song, I tend to trust my gut. I have a pretty strong intuition for which songs will resonate. It’s not about objectively predicting what will be a “hit,” but about whether a song moves your heart… you can just feel it. Of course, my own taste plays a big role. But I think that’s actually my strength as a producer, not as a composer. When I hear a song, I can immediately picture the visual… what kind of story, what kind of vibe it could carry. That allows me to work faster. For example, when expressing something like school uniforms, there are so many possible variations. But I always like to start from the basics… what’s the original idea of a school uniform? I try to return to that. So with “Ditto,” I wanted to tap into something primal… the pure, basic feeling of liking someone. That kind of emotion is universal. Everyone has it; it’s wired into us. When I saw Director Shin Woo-seok’s interpretation of it, I thought, “Yes, that’s it.” That’s the kind of complete interpretation I look for. I believe the completion of a project comes from every person involved thinking about their part down to the final detail… the maximum quality they can bring out. My role is to unify and refine all of that. I draw out the essence of each person’s creativity, trimming away anything unnecessary. So the final product is something that’s polished and high-quality, just the way I envisioned it. That’s my working style. So it’s not like I’m fixated on retro or stuck in a particular style. I don’t think human taste has changed all that much. Things people liked in the past are the same things we like now. It’s just the form of expression that changes with time. I don’t feel bound by “past” or “present.” I don’t even think in those boundaries. To me, it’s all just good taste. You know how kids sometimes have their own little treasure boxes when they’re young? I think my work is kind of like that. I want to make things that never feel dated—that are timelessly enjoyable. ——— “Dance Expression and 'Hype Boy'” 🧢: I had a vision of what kind of girl group I wanted to create. That’s why I chose a song like “Hype Boy.” And to bring out that feeling, we created four different versions of the music video. Every choice had a purpose, everything was designed to maximize the experience of the song. “Hype Boy” is such a unique song. It has this strange, piercing melody that gives people chills in a good way. To emphasize that tingling feeling, I had to break away from the standard K-pop choreography format… you know, the kind where everyone is in perfect formation, doing synchronized moves. But our songs don’t suit that kind of choreography. Our dances are much harder. They require the body to move very naturally with the groove of the melody and beat. So I think our members are incredible. It’s not easy to express naturalness with your body, and you have to really enjoy it to make it look effortless. But they pulled it off so well. They’re still young, but they’re so talented. And through it all, I wanted to avoid making them look like they were performing just for business. I wanted them to show the pure joy and bright spirit that’s natural for people their age… genuine, carefree, radiant. ——— “The difference between NewJeans and conventional K-POP” 🧢: Ah, for me, it’s all about naturalness. And honestly, naturalness isn’t something you can produce or direct into existence. It comes from how I interact with the NewJeans members on a daily basis… what kind of environment they practice in, how they live and work. There are so many things that don’t appear on camera, but those unseen aspects have to be in place in order for true naturalness to come through. That’s why I wanted to create that kind of environment for the girls. And also, I wanted to shape my own working environment in that way too. Only then can something truly natural, something unforced and not overly stimulating, really come out. To begin with, I don’t believe anyone can be completely natural in front of a camera or under the gaze of others. It’s human nature to become self-conscious. That’s why I think naturalness is our strength, but it can’t be our concept. If you try to turn “naturalness” into a concept, it actually becomes incredibly artificial. So why do I place so much importance on naturalness? It’s because the girls are still so young. While other kids their age are going through school and having a wide range of life experiences, these members are living very different lives. Before they officially debuted, I told them, “This is like studying together with me.” Our standard contract is seven years, which is about the same length as going through high school and college in Korea: three years of high school and four years of university. So I told them, “We’re going to school together. We’re learning together.” And in that sense, I want to be a good teacher to them. They’re also surrounded by an incredibly professional team, people they’d never meet even in a traditional school setting. I’ve never really liked the word idol. These days, that word is used more like a job title, something manufactured by the industry, and it’s far from its original meaning. To me, the term idol feels misplaced. It doesn’t really reflect who these artists are or what they represent. And I’m not the kind of person who clings to labels or terminology. In fact, what I really want is to break the stereotypes and preconceptions that come with the idol industry. I want us to show people something different… to challenge those assumptions and redefine what this can look like. That’s the kind of mindset I have. ——— “Isn't it difficult for the members to express "naturalness"?” 🧢: There were a lot of things I considered when forming the group. First and foremost, I think it was important that the members shared a similar vibe… like how I prefer working with staff who align with my taste. It’s important for the crew to be on the same wavelength. And by that, I mean more than just getting along… it also extends to shared values. Of course, people won’t all share identical values, but when we’re facing in a similar direction, everything becomes easier. It’s also just more efficient to work with people who have overlapping tastes. Now, when it comes to our members, they each have their own individual tastes, but those preferences are still in development. Just like we all went through as kids, they’re still growing, still discovering themselves. They’re not in a finished state. So we didn’t cast them based on some complete or polished version of themselves. It wasn’t like, “This person is fully formed, let’s pick her.” It was more like, “Ah, she has potential, there’s something there.” That sense of a spark… those were the kinds of subtleties I paid attention to. I didn’t cast anyone just because they were pretty or could sing well. I don’t work like that. I really value those finer, more delicate aspects. Even the design of the light stick wasn’t something that came from a long strategic planning session… it was actually a spontaneous idea. I didn’t sit down and think, “Let’s make a light stick like this.” NewJeans didn’t have a fixed logo, but I felt we still needed a unifying symbol. So one night, just before going to sleep, I kept thinking about it. Right before dozing off, I started sketching and it turned into a rabbit’s face. When I drew it out, the shape just continued and turned into a bunny. To me, the NewJeans members are like little bunnies… playful, innocent. Their visuals also resemble rabbits in a way. And rabbits symbolize abundance. That made me think: “Ah, maybe our fans will multiply like rabbits. That would be great.” So that bunny face became both a symbol for the members and the fans. The image came to me all at once, and I imagined a venue completely filled with bunny light sticks. That vision led to the creation of the light stick itself. Since I always prioritize fun in everything I do, the next idea that came to mind was making the light stick customizable. I thought, “Wouldn’t it be great if fans could personalize their bunny?” That way, each rabbit would represent a different person’s character. So we included accessories, allowing everyone to customize their own bunny. It’s symbolic of all these different bunnies coming together and enjoying a good time as one. Our light stick has a big head, so when it’s used in a concert hall, it lights up in heart shapes that are very visible. That was the image I really wanted. And that bunny face… it’s also a heart. It represents both the face of NewJeans and our hearts. It’s the love we’re showing to our fans, and the love we want to receive in return. Every time I see it, I feel deeply moved. It’s very emotional for me because it’s a perfect realization of what I envisioned. As someone with a background in creative direction, there’s nothing more satisfying than seeing an idea materialize exactly the way you imagined it. That kind of work holds deep meaning for me. ⸻ 🧢: Looking back, I think in 2023 we were able to achieve almost everything we had hoped for. I’m so incredibly grateful for that. Of course, this is an ongoing challenge… and the better things go, the more pressure there is. That’s why I always try to return to my original mindset. Just like I tell the members, I try to remind myself of the beginning and keep things fun. Back then, when we were first putting out content, planning the music, and working on visuals, I felt this thrill… this rush of excitement. I don’t want to forget that feeling. So I try hard to engrave that emotion into every album we release. I’m constantly working to rediscover the joy in all of it. So for 2024, I hope everyone can look forward to us with fresh anticipation. And even if we come out with something completely new, I hope people will receive it warmly and with excitement. That’s really my deepest wish. 🙏

1tokki

17,635 views • 1 year ago

$GRAB Secret Sauce 🧵 How this company will thrive to $300B MC and beyond! It took me a while to gather the material for this thread. I will link down below other threads I talked extensively on all current and future $GRAB services to avoid making this thread too long. It is very important to understand product roadmap on the SuperApp, and how it will make money over the long-term, and transfer that value creation to shareholders. The closest analogy for new investors to understand is Amazon obsession over customers where $AMZN makes a little bit of money on each transaction to break even, but make the most money on Prime Membership. Or Costco obsession over customers where $COST makes 10-15% margin or lower on most products to break even on operation, but to make the most money on Costco membership fees. Jeff Bezos famously said "investors should invest in the company that obsesses customer experiencein the long term, there's never any misalignment between customer interests and shareholder interests!" The TLDR version: Being Customer Obsessed over Competition. We never heard much where Anthony Tan described or bitter about competition. Because Anthony does pay attention to competition, but he is more focused or obsessed on how to serve customers better at the lowest price possible, those that pay for $GRAB services. It is not just a business, it is a mission from first day of $GRAB or formerly known as MyTeksi. Anthony Tan and Co-founder Hooi Ling Tan both met at a class “Business at the Base of the Pyramid.” This class shaped the years of $GRAB success and today mission, creating a valuable business servicing the mass market, the lower income communities. Now, lets start with Customer Obession. $Grab does not see just users as customers, Anthony Tan views drivers, merchants, and partners are customers as well for long term success of the company. This is a big differentiator that contributed to GRAB success today. A. Hyperfocus on users: Grab emphasizes safety, with 99.9% of rides completed without incidents, and offers affordable options like Saver rides (26% of mobility transactions, 1.5X higher order frequency) alongside high-value services like Premium Rides and GrabUnlimited (3.7X more frequent usage, 2X higher retention). This likely enhances user satisfaction and retention, driving revenue growth, as seen in their Q1 2025 earnings of $773 million, up 18% year-over-year. But it does not stop at rides, it translate this obsession into food/grocery/financial and other services. Anthony Tan centered $GRAB success on affordability and reliability over the long-term since its early startup day. Essentially, the long-term TAM for servicing 2- 3 billion people is to get 30-50% of them on GrabUnlimited. Now it is $4.99 a month, will probably be adjusted to $7-$10 adjusted to inflation 10-15 years from now or around $7-$10B or more subscription revenue straight to net income B. Hyperfocus on Merchants: Grab has significantly focused on merchant growth as a core strategy to expand its ecosystem, particularly through its GrabFood, GrabMart, and financial services like GrabFinance. The reason is simple, these merchants/businesses are bringing in user growth. Businesses also pay GRAB on ea transaction very well, and at the same time using Cheap Loan(provided by Grab) to expand, and pay on GrabAds(this will have the highest margin after GrabUnlimited up to 50-60%). Grab also investing heavily on #AI to help merchants with OpenAI and Anthropic partnerships. The impact is unreal with this core strategy, many merchants today have more than 50-60% of its monhtly sales from $GRAB SuperApp(grew from 10-15% in 2021-2022). This approach has positioned Grab as a leader in Southeast Asia’s on-demand market, with significant potential for further expansion as it continues to innovate and optimize C. Hyperfocus on Drivers: In today world, you will never see $uber or Lyft talking about seeing drivers as customers. GRAB is the only company that sees Drivers as customers, and this focus is critical to maintaining a robust supply of driver-partners to meet consumer demand for ride-hailing, food delivery, and other services. Grab has scaled its driver network significantly since going public day with 5-6m registered driver-partners. Expanding rental/low fee fleets to secure drivers, creating stable employment in its current 8 countries. President Ferdinand R. Marcos Bongbong Marcos recently acknowledged $GRAB's significant impact on employment in the Philippines. All of 8 countries Grab operates in, all presidents and PM have praised Grab contribution on employment in their countries. GRAB makes its the company mission to expand more drivers registered on $GRAB SuperApp. Last Fun Fact, GRAB drivers in its 8 market have much higher income than BA degree holders and in many cases x2 or x3 the average salaries due to Grab Dynamic Pricing to bring supply and demand back to lowest price. AKA when demand is mad high, price will be higher to attract more drivers to bring down price. Drivers financial success is Grab long-term success. Conclusion: Grab's SuperApp success, as evidenced by Q1 2025 financials, is tied to putting customers, drivers, and merchants first. Their focus on safety, affordability, financial inclusion, and upskilling creates a robust ecosystem, reflected in increased MTUs, revenue growth, and profitability. The SuperApp will expand to 3 billion people TAM or more over the long term. 1. User Growth(Transactional Users) 2. GrabAds (expanding beyond SuperApp into Physical Grocery/Fleets) 3. GrabUnlimited( Expanding valuable services/features to make it stupid not to have it) Over the long-term, $GRAB will expand beyond SuperApp. Just like when Amazon has some spare computer capacity and decided to rent it out and became the AWS today, which is a behemoth that's now >4 times bigger than its original shopping business. No, I'm not saying $GRAB is the next Amazon. I'm telling you that with this "Secret Sauce" strategy of customer obsession, Anthony Tan can expand to other ventures with the massive FCF+ and profitable SuperApp to fund it. Disclaimer: I do own a large position in the Private Portfolio, and currently 100% on $GRAB on small public portfolio. This is the public portfolio where I contribute $500-$1000 of my own money. This public portfolio is not intended to be just 100% pure $GRAB, but it is the first position. I will try to keep it under 10 companies, and high quality growth businesses ONLY. I will not bother with garbage or hyped businesses where people just hype x10 x100 x1000 next week/year. You can follow others for that. Everything I wrote here is NOT Financial Advice! Source: Private Sources, Grab Dot Com, Webull, TOS, Bloomberg, Various Asian Media Outlets, Youtube, Anthony Tan, WSJ, Financial Times, Yahoo, Reuters, Jakarta Globe...

Mike

209,603 views • 1 year ago

MAD Auction Season 4 is coming soon 💀,🐸 🖼️6 MAD 1:1s put to burn auctions 🗓️Opening on JULY 6th - 2pm UTC 📍 MAD is the CC0 movement launched by nick = niftyjutsu & Streetlab.io to pay tribute to Street-Art in Web3. Discover the pieces, the artists & a MAD giveaway👇 • Remember, for these auctions you don't bid with ETH but with an amount of MAD NFTs you commit to burn🔥 • One lucky collector will be raffled to win 5 MAD NFTs from the initial collection to get more bidding power! 🎟️Enter here: • Previous szns were massive success🐸💀 18 1:1s were all acquired for 550 MADs decreasing MAD initial supply by 278. Congrats to S3 artists alagoz. Ayushmaanism siiid still_holytoxic ain't иothin 𝖍𝖊𝖑𝖑𝖍𝖔𝖚𝖓𝖉🏁 We are all very excited to witness the MAD Movement continuing with Season 4🤝 Honored to introduce🎥, "Yer Inheritance Is A Forest Of Bones" by RARE SCRILLA 🎙️In this 1:1 Rare Scrilla skillfully blends pen and paper to create a composition that delves into the narratives and storylines surrounding crypto and NFTs. The artist describes it as a digital mural, a next-level version of street art on a virtual wall. With its animated elements, the piece comes alive, capturing the essence of street art's rebellious and dynamic nature. ""I'm not th3r3" (but I am)" by Natived 🎙️This artwork delivers a powerful message about technology's transformative impact on art and society. It urges us to reevaluate the value of art and appreciate the rebellious spirit of street art. Natived emphasizes the importance of preserving free expression in physical and digital spaces and prompts reflection on the intersection of art and technology in the modern world. "Subway Freak" by Eda Gurses 💎 🎙️The convergence of street art and the public within the underground journeys of the metro is a focal point of the piece. Gurses draws attention to the powerful connection between street artists and the commuters who pass by their creations every day. It is a reminder that art is not confined to galleries or restricted spaces; rather, it flourishes within the vibrant tapestry of the city and becomes an integral part of the urban experience. "Kings of the Streets" by rust 🎙️As the viewer's gaze explores the artwork further, names of street artists who have passed away emerge, scattered across the wall. These names represent a collective tribute to the legends who have left an indelible mark on the street art scene. Each name carries its own story, representing a unique voice silenced too soon. Through this visual homage, Rust ensures that their artistic spirit lives on, forever celebrated in the collective memory of the streets they once adorned. "Cloak of the Night" by Bastien 🎙️The piece serves as a testament to the transformative power of street art and the profound impact it can have on individuals and communities. With its amazing visuals and homage to the CC0 movement, this artwork stands as a testament to Bastien's dedication to his craft and his desire to bridge the realms of street art and web3 culture. "streets are ours" by Kaspar 🎙️"Streets Are Ours" encourages viewers to embrace the resilience and creativity found in urban environments. The depiction of "magic pixels" emanating from a spray bottle symbolizes the transformative power of street art, reminding us that even in challenging circumstances, art can inspire change and uplift communities. ‘memes & deth about crypto street art’, a cc0 movement is here! 🧠You'll need MADs to acquire these masterpieces and support the amazing artists Get Ready to #getMAD (💀,🐸)

Streetlab.io

11,171 views • 3 years ago

$AMD is easily a $1,200 stock IMO| CPUs TAM 🧵 Not Financial Advice! DYOR! In this thread, I want to discuss the actual TAM for CPUs data center for just 2026, where many are giving different ranges, where I don't agree with. I will explain in detail why I disagree with these research firms and financial analysts using Math. And this thread should not be treated as Financial Advice. I'm just explaining my research and thought process so we can have a discussion. In 2024/2025, I gave out $620 PT for FY2026 was too conservative for AMD potential. At the time, It was early and many were just laughing, that PT was unrealistic and the AI world is run on GPUs only. Today, most of these folks are laughing with me. That is ok, I dont offer financial advice, and I do not need everyone to agree with me. I respect other opinions. If you enjoy this kind of thread, slap the like/repost/bookmark. If you want to support my work further and gain more in-depth analysis, consider subscribe! In early 2026, hyperscalers, enterprises, and OEMs are scrambling as Intel and AMD server CPUs are largely sold out for the year, with prices jumping 10–20% and lead times stretching from weeks to months (or longer for certain SKUs). What was once a GPU dominated story has flipped: the shift to explosive Agentic AI with its multi-step reasoning loops, tool calling, multi-agent orchestration, real-time data movement, and reinforcement learning, is dramatically tightening CPU:GPU ratios from the old training-era 1:4–8 all the way to 1:1 to 5:1 or even CPU-heavy configurations. CEOs across NVIDIA, AMD, Intel, Google, Meta, Microsoft, and public companies have been sounding the alarm on CNBC, Bloomberg, and earnings calls. CPUs are “cool again,” and in many agentic deployments they are becoming the new bottleneck alongside (or even ahead of) GPUs and custom ASICs. In 2025, roughly 12-15m AI GPUs + AI ASICs GPUs shipped, and is expect to be 15-20m units by 2026, where it suggesting Training demand is not going away. The actual TAM is structural, multiplicative demand that has already forced AMD to double its long-term server CPU TAM forecast to >$120 billion by 2030 (>35% CAGR), with Dr. Lisa Su noting Q2 2026 server CPU sales expected to surge 70%+ year-over-year and demand “far exceeding expectations.” At the same time, AMD’s secured 30–40% share of TSMC’s initial 2nm capacity (behind only Apple’s >50%) positions it to ramp Zen 6-based EPYC Venice exactly when this agentic wave hits hardest but even that aggressive five-fab 2nm expansion (with plans scaling toward 11 total advanced facilities) cannot instantly close the gap in the near-term. Supply constraints on wafers, advanced packaging, and power are compounding the squeeze, just as hyperscalers forward-buy and lock in long-term deals. 1. The actual potential TAM Various sources and institutions are giving $50-$160-$200B CPUs TAM toward 2030, and i disagree, where supply is severely behind vs Demand by at least 2-3 years or even longer by some estimates. The actual TAM will probably be 15-20m for FY2026. The typical average selling price from low to high end is $5,000 to $15,000, but due to rising memory, and different inflationary pressures on Semi, it would be more logical to think between $7,000-17,000. A. CPU:GPU Ratio at 1:1 A basic calucation at mid range =12,000 x 15-20m CPUs= $180-$240B TAM B. CPU:GPU Ratio at 5:1 = $12,000 x 75m-100m CPUs= $900B-$1.2T TAM Of course TSMC cannot even supply 20% of this massive inflection TAM in 2026. But do we think of Demand for TAM or Supply for TAM? Hence we are seeing massive 2nm Ramp from TSMC for $AMD. IMO, conservatively, I would take down 15-20% on 1:1 or $135-$192B TAM for just 2026. Im not even talking about 2030. We are just months into this, it is impossible to estimate Cagr atm, but this is 1-5 agents running tasks, I wrote a thread on 24/7 autonomous agents thread, where companies could use 50-250 agents to run tasks for them 24/7. It would require a different structural CPU:GPU to bring down the cost of token as well as handling the Orchestration bottleneck. GPUs would be useless and sit idle waiting for CPU due to highly CPU-intensive nature. The cost per Million tokens must come down more rapidly for this 50-250 autonomous agents to work, otherwise the token cost would be too enormous. Helios Rack is estimated to bring inference cost down to $0.0003-$0.0005/M tokens with 18 EPYC Venices along with 72 MI455x and other chips+ Components. A heavier or CPUs dense rack would bring down inference cost further. EPYC Verano(2027 gen 7 AI-optimized) is expected to drive inference costs meaningfully lower than the Venice baseline likely to the $0.00002–$0.00025 per million tokens range (or even sub-$0.00015 in highly optimized agentic/batch workloads). Verano have higher core counts than Venice, LPDDR5X SOCAMM2 memory support, more AI optimized and Next-Gen rack density & efficiency. 2. $AMD secured at least 30-40% of TSMC 2nm capacity and Memory from Samsung through 2028-2030. 2 2nm fabs are entering ramping phase toward 60-65k wafers per months and 5 dedicated 2nm fabs entering mass production/ramp in 2026. Will link sub threads below if you are interest for full detail. Apple is reported to secure 50%+ 2nm capacity for Iphone 18 and Mac chips and AMD secured at least 30-40% capacity while $NVDA $AVGO $ARM $AMZN $GOOGL and others are on 3nm. This broader aggressive ramp from TSMC to target up to 11 fabs is to address $AMD massive growth ahead. Where $ARM is facing massive CPUs supply constraints as they have to compete with other Mega Cap players on 3nm allocation. And $INTC is also facing supply constraints for data center CPUs and PC per management with lead times extrended to longer than 12 weeks. Dr. Su is aiming for higher than 50%+ Market share, and I believe it is achievable in 2026 or 2027 as AMD has the strongest CPUs offerings. Dr. Su did not want to take advantage of the shortage and she said during the Q1 earning call, AMD is prioritizing Units shipped while guiding margin to be inching 60%. If Jensen were in charge, I'm sure margin would be 70-75% in this kind of severe CPUs shortage condition. But that is not how Dr. Su operates for more than a decade. She wants most market share. So we will see it in revenue growth, but as TSMC ramps faster and faster, AMD Operating and FCF margin will massively improve vs prior decade. A significantly higher margin profile than before. 3. How I came up with $1,200 withint 12-18 months? At $1,200/ share, that would be around $2 Trillion MC. I expect FY2027 revenue to be $124-$144B where data center revenue dominates overall revenue. AI GPUs: I will stick to the lowest end so show u that I'm conservative at $18B for each GW vs $NVDA Rubin is $30B+ (most likely Helios Rack in the $20B+ due to memory price rising). We know deals with OpenAI and Meta are around 12GW and additional multi-customers at multi-GW scale were hinted and will be revealed as we get to July 22-23 2026 Advancing AI event. For now I will conservatively add a bit more to this model. (3-6GW Helios Rack Range) EPYC Venice is reported to be in $15,000-$20,000. However large customers will likely to enjoy $10-$12k discount. I expect AMD to be able to ramp 7m EPYC Venice for entire 2026 and 3-4m of EPYC Verano(higher price than Venice). If we take an average selling price of $10,000 to be on the conservative side. Take down another 30% to be even more conservative on projection. I like to be conservative. That would be ~ 7m EPYC CPUs(Venice + Verano) for FY2027 or 583,000 units per month or 15,000 additional 2nm wafers per month which is completely reasonable for current TSMC Ramp, and I may be too conservative here. EPYC Verano and MI500 series will also be on 2nm. AI GPUs: 3GW x $18B= $54B EPYC CPUs: $10k x 7m CPUs= $70B = Data center revenue alone is $124B Other segments= probably in the $20-$25B FY 2027. FY2027 revenue = $124-$149B At 7m EPYC CPUs for entire 2027, that would be more than 50% market share when we comp it to availability from supply side, not from total Demand. It is possible that TSMC could significantly ramp even more capacity in 2027, so we will see. Metric Q1 2026 FY2027 Gross Margin 55-56% 60-62% Operating Margin 25-26% 32-35% Net Income Margin ~22% 26-30% FCF Margin 25% 28-30% At $124-$149B Revenue FY 2027 Net Income would be $32-$44B EPS would be $20-$27 (GAAP) Non-GAAP would be $25-$31 At $1,200 a share or $2T valuation that would be: 13.4-16x Price to Sales (P/S) 38-48 P/E At this kind of growth of AI SuperCycle, I think it is very reasonable valuation. If we use today at $406/share or $661B MC: 2027 P/S = 4.4x-5.3x 2027 P/E = 13x-16x Is AMD today expensive or cheap to you? Above is already a very conservative where I trimmed 20-30% of doable units. Meaning, there could be upside if TSMC is able to ramp meaningfully like they are planning. Conclusion: A $1,200 per share valuation IMO for AMD in FY2027 is not expensive at all; it is, in fact, conservative when viewed against the structural explosion in agentic AI demand we have mapped out. With server CPU TAM potentially scaling into the $100–$200B+ range in just CPU:GPU 1:1 Ratio for just 2026. AMD positioned to capture 50%+ share thanks to its 2nm TSMC allocation advantage and full-stack leadership, the company could realistically deliver $124–149B in total revenue and $25–$31+ non-GAAP EPS. At those levels, $1,200 implies a 2027 P/E = 13x-16x. Entirely reasonable for a company that will have become the clear Inference Queen (and in many workloads the preferred) AI infrastructure provider, with operating margins expanding above 30% and tens of billions in high-margin rack-scale AI revenue. Dr. Lisa Su was right presciently so about the Agentic AI inflection all the way back to her early 2022–2023 commentary on the coming shift from pure training to inference and orchestration-heavy workloads. While the broader market only fully woke up to this in 2026 when she doubled AMD’s long-term server CPU TAM forecast to >$120B by 2030 (with >35% CAGR), Dr. Su and her team have consistently positioned the company at the center of the CPU renaissance. The explosive demand we are seeing today, sold-out lines, rising ASPs, and hyperscalers forward-buying entire gigawatts of Helios-class systems is exactly the outcome she forecasted years ago. Not Financial Advice! DYOR!

Mike

301,322 views • 3 months ago

A Watch and Investment Story I have been a watch enthusiast since my dad got me interested in watches decades ago. About three years ago, I was in London and walked by a watch boutique called Bremont. I stepped into the store, fell in love with the watches, thought they were fairly priced if not somewhat inexpensive for the quality, and bought a number of them as gifts for friends and one for myself. As I was completing the purchases, I asked the store manager: ‘Who owns the company?’ He said, “The English brothers” – Nick and Giles English – and then he proceeded to tell me Bremont’s origin story that begins with a tragic plane crash of a 1942 Harvard trainer aircraft (an American plane purchased by the British beginning in 1938) which killed their father and almost Nick. In their ‘What does not kill me makes me stronger’ new world, Nick and Giles were inspired to pursue their dream of creating and building a British watch company, and Bremont thereafter was born. The manager gave me their contact information and I sent an email congratulating the brothers on the company, the brand, and the watches. I also offered to invest and help the business grow. Sometime later, I did a Zoom with Nick. He explained that my timing was good, as a long-time investor in the company was looking to sell some of their shares. Within a couple of months, an affiliate of mine invested coinciding with the purchase by a legacy Bremont shareholder of primary shares to provide the company with additional growth capital. I thereafter bought more shares of stock from other selling shareholders and I invested a substantial amount of additional growth capital in the company just this past week. Affiliates of mine and The Bremont Long Term Trust, a trust I recently established, now own 63% of the company. Bremont is a luxury British watch company that produces adventure and exploration watches. About one-fourth of Bremont’s sales are to the military, where the company has made custom-designed watches for more than 500 British, U.S., and other American ally squadrons around the world. While today there are very few British watch companies, the British actually created the watch industry – Rolex, notably, was a British company before it moved to Switzerland – with many of the most important technical innovations and complications of the industry having been invented in England in the 17th, 18th and 19th centuries. For the watch industry, the Swiss can be thought of like the Japanese of the U.S. auto industry, where in the early days, the Swiss made cheap imitations of British watches, but eventually by the 20th century, came to dominate the industry. For compliance reasons, I have been limited in my personal investments to private situations, principally startups, real estate, and private equity, directly and through funds. Because of my personal time limitations, I spend very little time on these investments, but through a combination of good luck, investment experience, and a good eye for talent, my collective private investment outcomes have been excellent, with a few huge successes outweighing some disappointments. I have always viewed my non-Pershing Square investments as an opportunity for learning and insights that I can apply to my day job. For example, I have found that closely following the venture investment world has provided important insights into disruptive technologies and companies that can soon become serious threats to even the largest and best capitalized public companies. Experiences at small companies also very often apply to big ones, so in my hobby of making personal investments, my returns have been both financial and educational, from my successes and from my failures. Other than tennis, I don’t have any real hobbies, but perhaps my personal investing qualifies as my second passion. To date, I have been a passive investor in Bremont, but perhaps the activist in me caused me to step forward, to recently seize the opportunity to materially increase my investment in the company, and become the non-executive chairman of a newly refreshed board. I don’t expect my chairman role at Bremont to take much of my time as it is a private company of limited scale, but I do expect my experience here will provide some helpful learnings and insights. I also thought it would be fun, interesting, and rewarding to take the X community along for the ride – at least those that are interested in watches, operations, and investing. I intend to provide periodic updates of the company’s progress on X, about our successes, our struggles, and our failures – so that we can learn and have some fun together. Think of my periodic updates as “Drive to Survive,” but for watches on X. “Time to Succeed”? You can probably come up with a better name for the series, and perhaps then I should reach out to Netflix to see if they are interested (while holding back my tears as I have watched the stock massively appreciate since our exit!). Bremont can greatly benefit by your feedback so I strongly encourage you to share your insights, critiques, and other ideas about the company and its watches on X so we can learn and improve. We will periodically award the best ideas with Bremont watches so you can have an opportunity to earn an appropriate in-kind return on your time invested in helping us succeed. In the modern era, building an independent watch company into a major company, let alone one in the U.K., has rarely if ever occurred. The watch world is littered with many such failed attempts so it is far from guaranteed that we will succeed in building a profitable and sustainable company, let alone a major independent player. My Investment History to Date with Bremont Prior to my investment in the company, Nick and Giles had taken Bremont to a reasonable scale for an independently owned watch company at about £21 million in revenues with a modest operating loss, which is an incredible accomplishment for two young men with no watch industry experience. Nick and Giles accomplishment is particularly significant in an extremely competitive industry characterized by well capitalized incumbents that control many of the top brands, e.g., Richemont, Swatch, LVMH, as well dominant, independently owned companies like Rolex, Patek Philippe, Audemars and Piguet, and a few others. Despite their progress, both Nick and Giles and the other shareholders agreed that bringing in an executive with watch industry experience would help to take the company to the next level. Shortly after I invested, we hired a search firm to identify and ultimately recruit our new CEO, Davide Cerrato, who joined in May of 2023. Davide’s entire career has been spent in the industry at Panerai, Tudor – where he famously created the Black Bay, Montblanc, and with a brief stent at HYT. Davide in turn hired other industry notables to round out the executive suite, and then the team went to work with the ambitious goal of transforming Bremont into a global industry leader. Bremont has some important competitive advantages. First and most importantly, the watches are handsome, extremely well designed, and overengineered. Davide’s team has materially upgraded materials (for example, the company now uses 904L steel for all of its steel watches – the same as Rolex – unprecedented for watches at Bremont’s price point), parts, and movements from what was already a good standard to a level comparable to watches at multiples of the price. The watches are developed, designed, manufactured, and serviced in Henley-on-Thames using principally Swiss movements. While making its own movement is an aspirational goal for Bremont, the Swiss still make the highest quality movements so that is what Bremont uses. Bremont has a unique brand story and heritage, particularly for a 23-year-old company, with two decades of credibility in war zones and air combat missions with the best war fighters and military pilots in the world. Bremont also makes a limited number of watches, around 10,000 per year, compared with more than 1.2 million for Rolex and 70,000 for Patek Philippe, and scarcity drives value in luxury goods. The combination of battlefield credibility, rarity, quality and a fair price make Bremont an extremely attractive alternative to the typical Rolex or Patek, which everyone seems to be wearing in my industry, a ubiquity in my view that loses its luster over time. Over the past 23 months, Davide and team have redesigned and focused Bremont’s range around three core offerings in Land, Sea, and Air – the Terra Nova, the Supermarine, and the Altitude – while upgrading materials, movements, and quality, updating the logo to reflect the new Land and Sea offerings (Bremont was previously perceived to only be an aviation brand), and dramatically improving manufacturing and service. The company has extended its warranty from three to five years on its new watches reflecting these improvements. Bremont benefits from having overinvested in its spectacular 35,000 square foot combined headquarters, manufacturing facility, and showroom in Henley-on-Thames, aka “The Wing” (email [email protected] to arrange a superb tour), with the capacity for substantial growth without the requirement for incremental capital investment. Lastly, Bremont now has a well-capitalized long-term major owner who would like to see Bremont become a big success and achieve its vision of returning watchmaking to the UK, and who is not looking for dividends or a liquidity event in this lifetime. I have learned over time that permanent capital and a truly long-term orientation are enormous competitive advantages for any business, and they should be very helpful here. With respect to the product, later this morning in Geneva at Watches and Wonders, the industry’s most important trade show, the company is launching its new Altitude aviation line, which builds from the company’s highly successful Martin Baker offerings. The company will also be introducing some complicated new watches including two unique, jumping hour models, a 12-piece new tourbillion model (the company's first 30-piece tourbillion watch sold out shortly after its launch last year), and the company’s first perpetual calendar (limited to 50 pieces). I will be back with further updates as we continue to make progress. In the meantime, please check out and visit the Wing ([email protected] ) and our boutiques in Mayfair and throughout the U.K., on Madison Avenue and 53rd Street, in Hong Kong, and in Melbourne. Pictures don’t do Bremonts justice so you should go in person and tell the store manager that I sent you. Also, please take a look at our new launch video, and don't forget to let me know what you think.

Bill Ackman

1,625,795 views • 1 year ago

Like seemingly everyone on this app I have plenty of opinions about Twitter > X and figure now is a good time to open up a bit about my experience at the company. I tweeted for years into the void for the love of it like many of you, but after selling my startup to Twitter in 2020 I finally got to see it from the inside. Up close it was both amazing and terrible, like so many other companies and things in life. As someone with a maniacal sense of urgency built into me, Twitter often felt siloed and bureaucratic. Dumb power plays, reorgs and team name changes for the sake of someone’s ego were distractions that occurred too regularly. You couldn’t just be a builder — you also needed to be a politician. I was shocked by how old and bespoke the infrastructure was, but there was little will to think beyond quarterly earnings calls because we were all beholden to the masters of mDAU and revenue growth as a public company. It often felt like things were held together with duct tape and glue, and that many people had just accepted that a small product change could take months or quarters to build. Management had become bloated to accommodate career growth and the company culture felt too soft and entitled for my own taste. Healthy debate and criticism was replaced by a default refrain of “no, that can’t be done” or “another team owns that so don’t touch it”. Teams could spend months building a feature and then some last-minute kerfuffle meant it’d get killed for being too risky. Just talking directly to customers could turn into a turf war and create deadlocks between functions. I recall one such episode where a teammate spent a month trying to get clearance to reach out to some creators. He went through 3 layers of management and 6 different functional teams. In the end 4 executives were involved in the approval. It was insanity, and unfortunately I saw several top performers get burnt out and demoralized after exhausting experiences like that. Most people were good at their jobs but it was nearly impossible to fire poor performers — instead they got shuffled around to other teams because few managers had the will or resources to figure out how to get them out. A high performance culture pulls everyone up, but the opposite weighs everyone down. Twitter often felt like a place that kept squandering its own potential, which was sad and frustrating to see. The person who was best at cutting through the BS and inspiring a vision during my tenure was Kayvon Beykpour, but he wasn’t fully empowered to run the company since he wasn’t the CEO. Despite those real issues, I was lucky enough to work with some of the most talented people in the business at Twitter in product, design, engineering, research, legal, BD, trust & safety, marketing, PR and more. Often it was a small cross-functional team of intrinsically motivated people who made the biggest impact by challenging some core assumption. Those teams were very fun to be on but they felt like the exception rather than the rule. The months of waiting for the deal to close in 2022 were particularly slow and painful; it felt like leadership hid behind lawyers and legal language as all answers about the company’s future notoriously included the phrase “fiduciary duty”. Colleagues openly talked about how Twitter was being sold because leadership didn’t have conviction in their own plan or ability to fix longstanding problems. Although I didn’t know much about Elon I was cautiously optimistic – I saw him as the guy who built incredible and enduring companies like Tesla and SpaceX, so perhaps his private ownership could shake things up and breathe new life into the company. My take on what’s happened since then is full of lived nuance. When people ask why I stayed it’s easy to answer: optimism, curiosity, personal growth and money. From the beginning I saw that some changes Elon was going to make were smart and others were stupid, but when I’m on a team I uphold the philosophy of “praise in public and criticize in private”. I was far from a silent wallflower. I shared my opinions openly and pushed back often, both before and after the acquisition. I made peace with the fact that I didn’t have psychological safety at Twitter 2.0 and that meant I could be fired at any moment, and for no reason at all. I watched it happen repeatedly and saw how negatively it impacted team morale. Although I couldn’t change the situation I did my best to shine a light on folks who were doing important work while being an emotionally supportive leader for those who were struggling to adapt to the more brutalist and hardcore culture. In person Elon is oddly charming and he’s genuinely funny. He also has personality quirks like telling the same stories and jokes over and over. The challenge is his personality and demeanor can turn on a dime going from excited to angry. Since it was hard to read what mood he might be in and what his reaction would be to any given thing, people quickly became afraid of being called into meetings or having to share negative news with him. At times it felt like the inner circle was too zealous and fanatical in their unwavering support of everything he said. When individuals encouraged me to be careful about what I said I politely thanked them and said I would not be taking their advice. I had no interest in adding to a culture of fear or walking on eggshells around Elon. Either he would respect me for being real or he could fire me. Either outcome was okay. I quickly learned that product and business decisions were nearly always the result of him following his gut instinct, and he didn’t seem compelled to seek out or rely on a lot of data or expertise to inform it. That was particularly frustrating for me since I believed I had useful institutional knowledge that could help him make better decisions. Instead he'd poll Twitter, ask a friend, or even ask his biographer for product advice. At times it seemed he trusted random feedback more than the people in the room who spent their lives dedicated to tackling the problem at hand. I never figured out why and remain puzzled by it. I don’t think things had to be as difficult or dramatic as they turned out to be but I can’t say I’d bet against Elon or count him out. He’s smart and has enough money to make a lot of mistakes and then course correct when things go awry. As the largest shareholder he can tank the value in the short-term, but eventually he’ll need things to turn around. His focus on speed is incredible and he’s obviously not afraid of blowing things up, but now the real measure will be how it get reconstructed and if enough people want the new everything app he is building. I learned a ton from watching Elon up close – the good, the bad and the ugly. His boldness, passion and storytelling is inspiring, but his lack of process and empathy is painful. Elon has an exceptional talent for tackling hard physics-based problems but products that facilitate human connection and communication require a different type of social-emotional intelligence. Social networks are hard to kill but they’re not immune from death spirals. Only time will tell what the outcome will be but I hope X finds its footing because competition is good for consumers. In the meantime, I have a lot of empathy for the employees who are working tirelessly behind the scenes, the advertisers who want a stable platform to sell their stuff on, and the customers who are experiencing chaotic updates. It’s been a madhouse. Twitter moved at the speed of molasses and suffered from bureaucracy but now X is run by a mercurial leader whose instinct is driven by the unique and undoubtedly weird experience of being the biggest voice on the platform. Many of you know me from the sleeping bag incident where I slept on a conference room floor, so I figure, let’s talk about that too. Going viral was an odd and interesting experience. I was attacked by people on the left and called a billionaire bootlicker, while simultaneously being attacked by people on the right for being a working mom who was demonized as an example of a woman choosing her career over her family. Thankfully I can laugh at myself and I don’t take armchair keyboard ideologues too seriously. Being the main character on the timeline, even for a few minutes, requires a thick skin and a strong sense of self. The real story is pretty simple. I was given a nearly impossible deadline for his first project and as the product lead I would never ask anyone to do anything I wasn’t willing to do myself. So I worked round the clock alongside an amazing team spanning many timezones, and we delivered it on schedule – truly against the odds. It was intense but also fun. Those first few months were wildly crazy but I wanted to be there and I have no regrets. Showing up and giving it your all should, in most cases, be celebrated. Obviously you can’t work at that pace forever but there are moments where bursts are mission critical. I’ve pulled many all-nighters in my career and also when I was a student for something that mattered to me. I don’t regret putting in long hours or being ambitious, and feel proud of how far I’ve come from where I started thanks in part to that type of work ethic. I think of life as a game, and being at Twitter after the acquisition was like playing life at Level 10 on Hard Mode. Since I like taking on difficult challenges I found it interesting and rewarding because I was growing and learning so rapidly. I realize our society today trends toward polarization but when it comes to this app, its owner, and its future, I am neither a fangirl nor a hater — I’m an optimistic pragmatist. This may really irritate the internet but you cannot pigeonhole me into some radical position of either loving or hating every change that’s occurred. I escaped my fundamentalist upbringing and am a free thinker these days. Everyone can be seen as both a hero or a villain, depending on who is telling what angle of the story. Elon doesn’t deserve to be venerated or vilified. He’s a complicated person with an unfathomable amount of financial and geopolitical power which is why humanity needs him to err on the side of goodness, rather than political divisiveness and pettiness. I disagree with many of his decisions and am surprised by his willingness to burn so much down, but with enough money and time, something new & innovative may emerge. I hope it does. Sometimes I get asked about how I felt when I got laid off, and the truth is it was the best gift I’ve ever received. Sure the headlines and punchlines wrote themselves but I was battle hardened by then. I knew that I’d worked in a way where I could walk out with my head held high. I have no bitterness about the Product Management team being dismantled, and it made sense for me to exit as nearly all of the remaining PMs were let go. Going on a sabbatical afterward has been exactly what I needed to decompress and I’m finally feeling rested and relaxed. I’m a creative and a builder, so sooner than later I’ll jump back into a high intensity company but I’m grateful for this season of thinking, reading, traveling and being with people I love. After having time to reflect I believe more than ever that the very best outcomes flow from great leadership that combines the head and the heart. I’d be remiss if I didn’t note that in all of this there is also a cautionary tale for anyone who succeeds at something — which is that the higher you climb, the smaller your world becomes. It’s a strange paradox but the richest and most powerful people are also some of the most isolated. I found myself frequently looking at Elon and seeing a person who seemed quite alone because his time and energy was so purely devoted to work, which is not the model of a life I want to live. Money and fame can create psychological prisons which may worsen mental health conditions. We’ve all seen high profile cases of celebrities who end up with some combination of depression, paranoia, delusions of grandeur, mania and/or erratic behavior. Living in an echo chamber is dangerous and being at the top makes a person even more susceptible to being surrounded by yes people when nearly everyone around you is on the payroll and somehow stands to benefit from being in your orbit. Figuring out how to keep “better angels” around in the form of family, friends, and teammates is critical to staying on the rails and enduring intense ups and downs. Everyone needs to hear hard truths sometimes and if you fire all the people who speak up then the reality distortion field may just turn into a vortex. I was drawn to Twitter because I’m obsessed with the problem of loneliness and connection between people. I find it fascinating & troubling that humans are getting lonelier as we simultaneously create a world that’s both safer and wealthier. I don’t believe that trade-off has to exist, which is why I keep returning to that theme in my personal and professional life. I realize this is too long of a tweet but Twitter was a weird and special place on the internet, and I’m grateful to have played a teeny tiny role in its story and evolution. I’m here for whatever comes next — on this app and in new places. Consumer social is very much alive and at a fascinating juncture, so I’ll be watching and participating and sharing hot takes because I don’t want to, and probably can’t, turn that part of me off. Perhaps X becomes a resounding success. Or it fails epically. Either way, I expect it will continue to be a very entertaining ride. 🫡

Esther Crawford ✨

5,496,988 views • 3 years ago

🟢GIVEAWAY🟢 Best comments or memes about this whole circus + RT this post. 10 winners will each get $50💎 (For evidence, supporting materials, and context, read both articles and watch the video included in the article I posted yesterday) Housebets.com & Porchy pay your debts A few people told me they did not fully understand the first article because there were too many moving parts: leaderboard accounts, rewards, weekly dates, monthly bonus, Tequity, game categories, withdrawals, Provably Fair, seed changes, migration, support tickets, ledgers and founder messages. Fair enough. The evidence is already there, and I still recommend reading the full articles and, above all, watching the video, because the video shows the reward system failing live. But this text is the cleaner version: the full story explained in plain English, without assuming the reader knows anything about crypto casinos, leaderboards or lossback systems. From all the evidence I’ve gathered, the Housebets story is not a normal “player lost money” complaint. It looks like a full transparency failure across the whole product: leaderboard, rewards, withdrawals, game categories, Provably Fair / Tequity mapping, support, migration and founder response. Housebets sold itself as a rewards-first casino: public leaderboards, weekly/monthly bonuses, fast withdrawals, VIP treatment and Provably Fair games. But every time I asked for the records behind those systems, snapshots, ledger entries, weekly cycles, GGR/NGR, slider logs, PF seed mapping, Tequity round IDs, withdrawal approval logs, the answer became some version of “forwarded to the relevant department.” This started long before the public dispute. I was not some random angry player who appeared after one bad session. In January I was helping Housebets and giving product feedback. I literally told support on 27 January that I was “testing the website for George,” while already dealing with a non-instant withdrawal and a 100% welcome bonus that had not applied. Support even asked me for “proof about your testing job.” The same chat shows the advertised 100% Welcome Bonus, the bonus not applying, and support saying the withdrawal needed internal confirmation instead of being instant. The welcome bonus issue never looked clean. Housebets advertised a 100% Welcome Bonus up to $1,000 on first deposit; I deposited, contacted support, and the bonus did not apply. Then support effectively turned a first-deposit bonus into a second-deposit workaround because the first one had not been applied properly. On 31 January I came back after another deposit and told them the bonus still had not been applied, even though I had already followed support’s instructions. Edward replied that he had “forwarded” the concern to the team. The same 100% welcome bonus was still being advertised in March. By April, the rewards system was already showing serious problems. I had the weekly slider at 100% lossback and told support I had lost money but the weekly did not appear. Jacky said the weekly was generated every Thursday at 00:01 UTC and gave actual internal figures: GGR $6,250, Total Bonus $6,083.99, NGR $168.31. So Housebets clearly had internal calculations when it wanted to explain why something might not pay. But when I later asked for full calculations, those same numbers suddenly became impossible to produce. Then on 18–19 April, the rewards page was bugged and would not let me claim. Support could see a pending weekly bonus of $717.37, but I could not claim it from the UI. Tee said it had been forwarded to the relevant department. That $717.37 later appears in the bonus ledger as Rakeback (20 Apr) 717.37089061, so I am not saying that specific one stayed unpaid forever. The point is worse: already in April, support could see a pending weekly reward while the player-facing reward page did not work. For a casino built around rewards, that is not a small bug. That is the product. In May, the UI and account data kept failing basic trust checks. On 8 May, I deposited 400 USDT; support said it had been credited, but I could not see it, and the proposed fix was to log out, clear cookies and cache. On 16 May, I asked why total deposits and withdrawals had disappeared from the menu; support said the platform was “in continuous evolution.” On 17 May, I asked for my total deposits and withdrawals, and support said they did not have direct access to that consolidated summary and would email it. That full official ledger did not arrive. So when Housebets later defends itself with UI screenshots, remember: this was the same UI where deposits could be credited but invisible, totals disappeared, rewards pages bugged, and support could not access consolidated account totals. Withdrawals were also not what was advertised. On 16 May, I asked why a crypto withdrawal was pending if withdrawals were supposed to be instant. Tee answered: “A few withdrawals require manual approval,” then added, “Our withdrawals are typically instant but…” That matters because a few days later the withdrawal delay became real damage. On 25 May, I told support before a match that I needed the funds to place a time-sensitive bet on another site in less than 20 minutes. I explained I wanted to bet around 60k at odds of 2.55. The withdrawal did not arrive in time. Later I told them the bet won and that I missed around 90k in profit because Housebets took more than two hours despite being warned before the match started. Jacky said he would raise the compensation case to the VIP team. Nobody resolved it. This was not one delayed withdrawal either. In my formal complaint I reconstructed several withdrawal delays: 23 May 02:55 → 08:03, around 5h08m; 25 May 03:05 → 08:09, around 5h04m; 17 May 03:54 → 08:02, around 4h08m; 18 May 04:46 → 08:11, around 3h25m; 16 May 05:23 → 08:12, around 2h49m. That is not “instant withdrawal.” And if later marketing says withdrawals are much faster now, the obvious question is: if this was the faster version, what did slow look like? The Provably Fair / Tequity side was another major issue. On 17 May I asked support how to verify an old Blackjack round. I did not ask for a generic explanation of Provably Fair; I asked where I could see the server seed, client seed, nonce and result for previous games. Support sent me to bet history, mentioned RTP, gave a generic PF explanation and showed the current Dice seed screen. When I said that did not let me verify previous games, they told me to clear cookies/cache. After doing that, I saw a new client seed and nonce 1 even though I had not played with that seed pair. I asked if Housebets changes seeds on every login. Support could not answer and told me to contact VIP. That seed/session behaviour is important. I later recorded video evidence around the seed changing after clearing cookies/cache and asked for the exact mapping: Housebets account ID → Tequity/provider player ID → session/currency context → seed pair → server seed hash → revealed server seed → client seed → nonce/cursor → raw outcome → final result. Housebets cannot sell Provably Fair if the player cannot verify historical bets, and “contact VIP” is not a verification algorithm. On 24 May, I asked for raw verification data for a specific Tequity Blackjack round: Round ID e1648d60-0da1-4433-a5ab-9ae39f5302e3, Blackjack, Tequity, bet amount 11,346 USDT, client seed O3YBZF7LBu, server seed hash starting 712875.... I asked for revealed server seed, nonce, full result JSON, card draw order and verification algorithm. I also asked about an apparent duplicate-card/deck question. Tee replied: “I don’t have the answers to your questions right now, but I’m forwarding your request to the relevant department.” That same day, I asked for a full audit of six Dice bets of 11,400 USDT each, total 68,400 USDT. I requested bet IDs, provider round IDs, roll results, seed data, balance ledger, request/session logs, security logs, retry flags, provider records and a full technical reconciliation. Tee replied: “I will forward this to the relevant department.” So when I asked for raw data, the answer was not data. It was forwarding. Again. There were also many large loss clusters that required reconciliation because of those unresolved PF, Tequity, category, RTP and session questions. In my complaint I listed clusters such as 25 May 02:17–02:54 Blackjack around 169,932 USDT; 16 May 12:31–13:26 Dice around 90,571.92 USDT; 26 May 02:48–03:58 Mines around 89,199 USDT; 24 May 06:20–06:21 Dice at 68,400 USDT; 26 May 00:11–01:41 Blackjack around 59,910 USDT; 25 May 22:51–22:59 Dice around 59,576 USDT; and several more between 40k and 56k. I am not saying every losing cluster proves manipulation by itself. I am saying that when PF mapping, provider logs, RTP/HE, category mapping and seed/session behaviour are unresolved, these sequences need a real reconciliation. The leaderboard is where the story becomes very hard for Housebets to explain. Around 19–20 May, two new accounts, elmourabut and lucasmartirini, appeared and started climbing every day at a vertiginous pace. Not normal slow leaderboard growth. Not a casual player building volume over time. They were created around that period and then started rising with huge wagering in a way that looked extremely unnatural for brand new accounts. By 29 May, I was first on both weekly and monthly leaderboards, and those two accounts were directly behind me with huge volume. In the monthly leaderboard screenshots, I was around $3.33M wagered, while elmourabut was around $1.29M and lucasmartirini around $1.08M. In the weekly leaderboard, I was around $1.096M, while those two accounts were around $635k and $578k. They were not normal accounts sitting at the bottom; they were directly behind me, applying pressure. In my formal complaint I recorded that elmourabut joined on 19 May and lucasmartirini on 20 May, that they showed zero visible withdrawals, large deposits/wagering and significant card-game volume, and I asked Housebets to confirm they were not staff, test, QA, admin, house-controlled, affiliate-controlled, internally funded, promotional, bonus-only or multi-account related accounts. This matters because a leaderboard is not passive. It is gamification. It makes players defend rank. When two new accounts appear behind you with hundreds of thousands or more than a million in volume, you are pressured to keep wagering. In my case, the disputed deposit sequence from 25 May 22:23 to 26 May 02:09 totals 91,168.375326 USDT. That sequence begins with 1,000.00 at 22:23 and continues with repeated deposits until 2,879.148969 at 02:09. The video later shows why those dates matter: there were deposits coming in, no gameplay withdrawal offsetting the sequence, a balance basically at zero, and later a leaderboard prize shown as P/L. I formally asked Housebets to confirm those two leaderboard accounts were real and eligible, and also to preserve wager logs, transaction records, balance adjustment logs, account flags, leaderboard calculation snapshots, support ticket logs, Telegram/email records and internal notes. Edward said he forwarded the request. In the same thread, he added that they were “working on fixing an issue regarding the weekly bonuses,” and then said the weekly countdown was “not currently on Thursday evenings.” So the leaderboard issue and the weekly bonus issue are linked in time and support context. After that, Housebets confirmed by email that elmourabut and lucasmartirini were “legitimate and eligible accounts.” That email is the trap door. If they were legitimate and eligible, they should have remained in the leaderboard with their volume. If they were not, Housebets should never have confirmed them as legitimate and eligible. After that confirmation, the accounts disappeared from the leaderboard or stopped appearing in the positions their previous wagering required. I went back to support on 30 May and wrote: “There has been a material post-confirmation leaderboard change involving two accounts that Housebets had already confirmed as legitimate and eligible. I need the exact reason, timestamp, logs, and recalculation basis.” Edward said the matter was flagged and that I could expect a prompt response. I am still waiting for the actual explanation. Why did they disappear? My read is simple: because every hour that passed, there was more evidence around those accounts. They had been created around the same period, they were climbing at a speed that looked anything but human, they showed no visible withdrawals in the data I could see and reported, they appeared to be generating huge volume in unclear game categories, and the games/categories tied to that volume did not even make sense from the player-facing UI. When I started asking what they were actually playing, what Card meant, whether the volume was Tequity / UnOriginals / House Games, what RTP and house edge applied, and where the logs were, the questions became uncomfortable. Keeping those accounts visible became harder than removing them. So they disappeared. The game category issue made the leaderboard even more suspicious. On 30 May, I asked support why my own stats showed almost all my volume under Slots / Tragamonedas when I did not play real slots. I told them: “i dont play 3$ in unoriginals,” “i played all 3M in unoriginals,” and “ive never play slots.” I asked what “Card” was, where that game was, what RTP and house edge it had. Monica said Card was mainly Blackjack, Baccarat and Poker variants. Marcus later said the team was investigating why it showed that I mostly played slots when I had not. He could not give the exact game, RTP, HE, provider, category mapping or contribution logic. That matters because those same unclear categories were connected to leaderboard volume. If the site cannot clearly explain whether volume is Slots, Card, UnOriginals, House Games, Blackjack, Baccarat, Always 9 Baccarat or Tequity, then the leaderboard is not auditable for the player. I even asked which UnOriginals those two accounts were playing, and support told me to look at Live Bets. That is not an answer. I was not asking for gossip; I was asking what exact games generated leaderboard volume, what RTP/HE applied and whether that volume was eligible. There is also an earlier leaderboard-related precedent: Porchy had already told me in February that I would lose leaderboard places if I did not rename, because too many people were messaging support saying the site was not being fair due to my name and it “doesn’t make us look good.” That matters because it suggests leaderboard positioning was not treated as a sacred, untouchable system when public perception was involved. If leaderboard positions can be threatened for image reasons, then later claims that everything is purely automatic deserve scrutiny. Then Porchy made the leaderboard situation worse. Instead of producing logs or snapshots, he later said the leaderboard had “abusers” on it, that they were removed to help other players, and that it never affected me. Later he said they paid every single person, “even these abusers,” then called me “begging for money.” That creates a direct contradiction: Housebets confirmed the accounts as legitimate and eligible, then Porchy referred to leaderboard “abusers.” If they were abusers, why were they confirmed as legitimate and eligible? If they were eligible, why did they disappear? If they never affected me, where are the historical snapshots proving that? Once those accounts disappeared, Housebets paid the leaderboard prizes. On 1 June, the bonus ledger shows two Leaderboard entries: 5,007.46111706 and 1,001.49222341, totaling 6,008.95334047. That part was paid. But then Act Two started: the weekly and monthly rewards did not appear as separate ledger entries. The same bonus ledger shows those two 1 June entries as Leaderboard only, not Monthly Bonus, not Weekly Reload, not Lossback. The weekly timeline is a mess. On 28 May, the dashboard / UI said the weekly bonus was claimable every Thursday at 00:01 UTC, and the monthly was available on the 1st at 00:01 UTC. That same night I told support the weekly had shown as available, then reset to 6 days without paying. Later I sent screenshots and wrote: “1M wagered and 0.2$.” Jacky said he had raised the issue to the technical team. So the weekly failure was reported live, not reconstructed after the fact. The next day, 29 May, Edward said they were fixing an issue regarding weekly bonuses and that the weekly countdown was “not currently on Thursday evenings.” Then on 1 June, Spencer said the May weekly bonuses were 7th, 14th, 21st, and then due to migration the weekly moved to Monday, so there was one on the 25th on the new platform. He also said the 25 May weekly covered gameplay from 21–24 May, and that tech was looking at that plus the monthly bonus. The ledger does show a 25 May 02:10 Rakeback entry of 1,996.08334791, which likely corresponds to that 21–24 May weekly. But my major loss sequence starts about 20 hours later, on 25 May at 22:23, and continues until 26 May at 02:09. So the 25 May weekly cannot cover those losses. If weekly was still Thursday, the 25/26 losses should have been in the 28 May weekly. But the bonus ledger on 28 May shows only two tiny Rakeback entries, 0.28373945 and 0.00280958. If weekly moved to Monday because of migration, those losses should have appeared in the next weekly after 25 May. But on 1 June the ledger only shows Leaderboard entries. Then the final video shows the next Weekly Reload reaching zero, paying nothing and resetting to 6d 23h. So the same loss sequence appears to fall into no paid weekly cycle. The 4 June support conversation makes this even more ridiculous. After I recorded the weekly reset video, I asked support a very simple question: what were the last weekly dates/cycles? The dashboard / support flow again said weekly bonuses are claimable every Thursday at 00:01 UTC. Jacky confirmed: “Weekly bonuses can be claimed every Thursday at 00:01 UTC in the Rewards tab,” and added that if not claimed by the following Wednesday at 23:59 UTC, it expires. But when I asked for the exact last four dates, Jacky said he had to check with the relevant department. When I pressed again, he said, “Sorry, As I am only a CS, Let me raise your concerns to relevant department.” I asked whether support did not have the information or simply could not answer. He replied: “Do you have any other concerns?” They use weekly cycles to decide whether to pay, but support cannot explain the weekly cycle. The monthly is missing too. The dashboard / UI said the monthly bonus is based on activity and VIP level from the previous month and is available on the 1st at 00:01 UTC. In May I had more than 3,258,023.0829 wagered according to the formal complaint data. I also have proof/video that the monthly slider was set to 50/50. On 1 June, Spencer first told me I had claimed the Monthly Bonus at 1:12am BST around the same time as the monthly leaderboard reward. I immediately said I only received leaderboard prizes. Then Spencer changed the answer: “Our tech team are still actively working on issues regarding the monthly bonuses.” So first the monthly was claimed, then tech was still fixing it. The ledger still shows no Monthly Bonus entry. Housebets then seems to rely on “up overall” as a defence. But the video and ledger show why that does not work. My weekly/monthly profile later showed around +6,008 P/L with 0 deposits, 0 wagered and around 6,008 in bonuses. That number matches exactly the two 1 June Leaderboard payments. So the UI is showing leaderboard rewards as P/L. Then support used “up overall” to say I was not eligible for weekly lossback. That is not a clean lossback calculation. That is using a leaderboard reward as apparent profit to deny a lossback that should be based on actual eligible losses. There were also smaller reward-confusion issues along the way. On 22 May I asked for all pending bonuses,weekly, monthly, rakeback, level-up, anything, and support said the internal team would manually verify whether everything had been credited correctly and email me. On 24 May, I asked about level-up rewards because the reward looked like $3,500 for Pearl; support clarified it was $3,500 total across all Pearl levels, $500 per level. These are not the core issues, but they are part of the same pattern: rewards marketing, unclear UI, manual verification, emails that do not arrive, and players having to chase basic explanations. Then there is the migration. On 25 May, after the delayed withdrawal, missing VIP contact and unresolved issues, support told me my account would be moved to the new platform and that this upgrade would offer a better withdrawal process and fix many issues. Before that migration, I explicitly requested that no account data, internal data, logs, balance history, bonus history, bet history, provider records or pending issues be deleted. The response: “Your request has been relayed to the relevant department.” Again, forwarding. But if the old data is safe, Housebets should provide the old leaderboard snapshots, old weekly states, old bonus logs, old Tequity mapping and old withdrawal approval logs. The founder response did not fix anything. When Porchy finally engaged, he did not provide the records. He framed the settlement request as “so you want $100,000?” and asked whether I needed it or else I was going to post on X. I had already made clear this was not money for silence; I asked for logs, snapshots, withdrawal records, calculations and a counter-calculation if Housebets disagreed. He later referred to “abusers,” told me I was “up overall,” said “You are begging for money,” and suggested I “just do this to casinos.” Still no ledger. Still no weekly calculation. Still no monthly entry. Still no PF/Tequity mapping. Still no leaderboard snapshots. Another player also contacted me with screenshots pointing to similar categories of issues: private deals, leaderboard payout disputes, migration/account merge problems, missing history and a tiny monthly bonus despite claimed losses. I am not using that player’s case as the foundation of my claim without his full ledger, but it matters because it suggests the same type of opacity may not be isolated: private VIP/reward deals, leaderboard eligibility, monthly bonus calculations, migration and unclear history. If Housebets has private deals that affect leaderboard eligibility or rewards, it must explain how those deals interact with public leaderboards. So the overall picture is this: Housebets sold a public leaderboard and rewards system that pressured real wagering. Two new accounts appeared directly behind me with huge volume, were confirmed as legitimate and eligible, then disappeared after I asked for logs and questioned game categories. Housebets could not explain the exact games, RTP, house edge or category mapping behind the volume. The accounts were later framed by Porchy as “abusers,” contradicting the earlier eligibility confirmation. Once Housebets paid me the leaderboard prizes, those prizes were shown as P/L, and that contaminated P/L was then used to claim I was “up overall” and not eligible for lossback. At the same time, my real 25 May 22:23 → 26 May 02:09 loss sequence of 91,168.375326 USDT appears in no clean weekly cycle. The 25 May weekly covered 21–24 May according to Spencer, so it cannot cover that loss sequence. The 28 May weekly showed only tiny Rakeback entries and was already reported as broken. The 1 June ledger shows only Leaderboard entries. The later video shows Weekly Reload reaching zero, paying nothing and resetting. And when I ask support for the exact weekly calendar, they cannot answer and send it to the relevant department. The monthly is the same story. The dashboard / UI says it is based on activity and VIP. I had more than 3.25M wagered in May. Spencer first says I claimed it, then says tech is still working on monthly bonuses. The ledger shows no Monthly Bonus. If Housebets says I was not eligible, they need to show the formula, slider history, cycle, GGR/NGR, eligible loss/activity, deductions and ledger result. If they cannot, “not eligible” is just another label. And this opens another can of worms: Tequity / provider configuration. Housebets cannot hide behind “the provider” whenever something goes wrong. The player does not deposit with Tequity. The player does not withdraw from Tequity. The player does not speak to Tequity support. The player does not compete in a Tequity leaderboard. The player plays on Housebets, with a Housebets wallet, Housebets UI, Housebets rewards, Housebets leaderboard and Housebets support. 1/2

Dr. W

20,491 views • 2 months ago

I've never heard Elon Musk be so bullish on Tesla ⚡️ here's my video analysis of the $TSLA Q4 2024 earnings call: -Robotaxi launch in Austin, June 2025 -California & other states launch robotaxi late 2025 -Cybercab in 2026 -Optimus V1 in 2025, 1K/month production line -Optimus V2 in 2026, 10K/month production line -2026 good year for Tesla, 2027/28 insanely good & more!! Timestamps- 0:00 Intro 0:44 Elon Opening Remarks 13:29 SAY Retail Questions 22:37 Analyst Questions 25:04 Gali Final Thoughts/Rant also here are my notes I typed during the conference call if you're interested! (may be errors) Tesla Q4 2024 Earnings Call Notes INTRO- ELON OPENING REMARKS -Q4 set record, delivered cars at rate of almost 2M cars/year -Model Y best-selling vehicle of any kind on earth (elon focused and talking quickly) -10Xing on autonomy, not doubling -many investments made this year that will bear immense fruit in the future, for AI -see a path for Tesla to the worlds most valuable company by far, worth more than the next 5 companies combined, difficult but achievable path -overwhelmingly due to autonomous vehicles and autonomous robots -setting up for an epic 2026, and ridiculously good 2027 and 2028 -meeting FSD now is like meeting a toddler -human intuition is linear, we’re seeing exponential progress -#1 recommendation is try it -typical passenger car has 10 hours of use out of 168, when its autonomous, itll be used for 55 hours a week … can deliver packages in the middle of thenight, or supply restaurants, all hours of the day or night. 5X increase in utility -more on self driving, continued improvements in safety numbers, much safer to use FSD -V14 will be another big step from V13 -launched CORTEX training cluster at Giga Austin, big step for FSD, continue to invest in training needs -Optimus training needs are about 10X what’s needed for the car -cost of training is dropping dramatically over time -Optimus has potential to be north of $10T in revenue, can put a lot training compute into that situation, even pumping $500B into it would be a good deal -future very different from the past, incredible inflection point in human history -proof is in the pudding -launching in June this year in Austin, already have cars moving autonomously in Fremont, thousands of cars per day driving, soon in Austin then elsewhere in the world -toe in the water at first to make sure everything is cool, but we have a general solution for autonomy , then put a few more toes, then a foot. Safety of the general public and those in the car as the top priority -with regard to Optimus, making insane revenue projections that sound insane, i realize that. But i think they will prove to be accurate -several thousand bots made this year, they will be doing useful things by the end of this year, im confidence, production design one at the tesla factories, then will learn for production design two -ramp optimus production faster than anything has ever launched, doesn’t take very many years before we’er making 100M of these things per year , 500% growth per year -tried using all these suppliers to get it to build Optimus, but nothing worked, had to build it internally from first principles, the hand is increibdle -long term Optimus will be the value of the company -back to Energy,/earth, -energy storage is a big deal, becoming more important, enables far greater energy output to the grid than is currently possible. -grid has no storage, designed for peak storage, lots of waste -once you have grid energy storage, the potential of the grid is unlocked, at least double -this will drive demand of battery packs as to as much as we can possibly make -shanghai factory starting operation, starting another factory -cant shoot our selves in the foot, battery capacity can only go into storage or mobility, so always making that tradeoff -demand for total Gigawatt hours for batteries, transportation or stationary will grow in a very big way over time 2025 a pivotal year for tesla, launch of full self driving, biggest year in tesla history, maybe even bigger than first car or model s, 3 or y … probably most important year in tesla’s history I don’t even know who is in 2nd place in real world AI, would need a telescope to see them SAY QUESTIONS -FSD Unsupervised launched in California this year as well -most likely release it in many regions of the US by the end of this year -40K people day everyday no mention, some scrapes a shin with autonomous car its headlines news -need to use insane amounts of caution -discussions about licensing FSD? Yes -best way to know to work with us, bbuy a car and take it apart -only worth very high volume cars/production partners -tesla engineering very focused on getting it to roll out for tesla first -soon will be obvious that if you don’t have FSD you’re dead as an OEM -is Optimus design locked? -Optimus is not design locked, constantly iterating, best robotics engineers in the world, and other ingredients, battery pack, charging, great electronics, great communications, great connectivity, real world AI, then you need to scale that production to real world levels -prototypes are easy production is hard -thijs year close loop with using optimus internally at tesla, would could obviously use a few thousand robots for the most boring annoying tasks at the company -with production version 2, launches sometime next year, would like beginning, might be middle though, -production line will be doing 10K units per month capacity for v2, first line designing is for roughly 1,000 units per month, then next line will be for 100,000 units per month -could start delivering them late next year, will go so fast, will ramp like crazy, demand will not be a problem, even at a high price, once were above 1M units per year, production costs of optimus will be less than $20,000 -if you compare complexity of optimus to complexity of a car, its much less than a car -price of optimus will be set buy market demand -Semi ramping next year, TCO no brainer, like optimus, will be massive demand, will meaningfully contribute to tesla’s revenue at scale -tesla semi with autonomy, is incredibly valuable -we actually have a shortage of truck drivers here in the US -will HW3 owners need a hardware update, got 12.6 which is like a baby v13, have’t given up on it, releases will trail HW4 releases … “honest answer” is were going to have to upgrade for those who have bought full self driving, will be painful and difficult and we’ll get it done “Happy not many people bought FSD” -solar roof, given up on ramping it? -lots of customer interest despite premium, making easier to install, focused on growth through certified installers, many been installing for many years -supply product to the roofing industry -it’s a premium product like S/X -combined with Tesla powerwall you can be self sufficient for several days ANALYST QUETIONS -robotaxis in Austin and several other cities this year, and next year all over america -america innovates, europe regulates, to release FSD in europe, have to go through massive paperwork through netherlands, then presents to EU in may, some big country committee, nothing we can do to make it happen sooner. -can’t do training in china with video training, publicly available videos in china are being run through the tesla system to be used for training, bus lanes are complicated and a big challenge -tesla can keep manufacturing even if geopolitical tensions rise to very high levels -Pierre question on June in Austin, -can i try unsupervised myself, or will it be the Tesla fleet? -it will be the Tesla fleet testing it, that’s the toe in the water, scrutinizing everything -autonomous ride hailing for money in june -probably next year for you to put your car on network -trump removing EV incentives? -all transport will go electric, can’t be stopped, even planes, will be like stopping the steam engine or combustion engine -only thing holding back EVs was range, and thats a solved problem -right now solving battery production, not demand, big battery retooling for model y coming up, short term impact on output

Gali

79,010 views • 1 year ago

77 Reasons Why I’ve Invested Over $8,000,000+ in MultiversX (EGLD) and Why EGLD Will Crush It in 2025 (My Investment Thesis). I publicly shared my portfolio on X. EGLD is A) Better than BTC B) Everything that ETH wants to be C) The GameStop of Crypto 1. EGLD is verifiably the most scalable (theoretically unlimited) L1 chain in the world, theoretically capable of over 10 million TPS (thanks to adaptive state sharding). 2. e-Gold is digital gold. It has the best tokenomics among all L1s, similarly scarce to BTC, with a maximum supply of 31.4 million coins. Currently, 27.68 million coins are in circulation. 3. EGLD will be the most decentralized cryptocurrency in the world thanks to sharding and minimal hardware requirements for running nodes. It’s already second only to Ethereum with 3,618 validator nodes. 4. EGLD has extremely low fees, around ~$0.002 per transaction. 5. EGLD is extremely secure. No wallet drains like on ETH/SOL; assets are owned natively (not via a smart contract). There is no MEV risk (front-running bots). 6. EGLD is the only chain in the world with an on-chain Guardian (two-phase verification), making it impossible for a hacker to steal your funds—even if they have your private keys (seed phrase). 7. EGLD is carbon-neutral and eco-friendly, not wasting energy like BTC and other PoW chains. It’s exceptionally efficient, scalable, global, and sustainable. 8. EGLD has the best UX in crypto. Download the xPortal wallet—it’s like discovering Apple in Web3. The interface is simple, flawless, and you barely realize you’re using crypto. Instead of addresses, you use HeroTags. The app features all dApps, everything runs smoothly, and the visuals are beautifully designed. The explorer, web wallet, etc. follow the same high-quality user experience. 9. EGLD supports native assets, unlike Ethereum, for example. 10. EGLD is the first chain to fully implement horizontal (theoretically unlimited) sharding without compromising on decentralization—unlike Solana and others that attempt vertical scaling, leading to multiple network downtimes (11+ times) and huge hardware demands for validators, ultimately harming decentralization. 11. EGLD makes setting up a validator agency extremely easy. Even complete IT beginners can do it. The UX and documentation are superb. I personally set up the “EGLDSqueeze” agency in about 30 minutes. Managing it is straightforward via the web wallet, which feels like managing a Facebook page. This simplifies decentralization enormously. 12. EGLD allows literally anyone (even your grandma) to participate in decentralization, since nodes can run on a Raspberry Pi or a relatively affordable phone. Imagine millions of people worldwide securing the network, validating transactions without even knowing it. This can’t be done with BTC, where setting up profitable mining operations is prohibitively expensive. 13. WASM-Based Virtual Machine: You can write smart contracts in your favorite language, compile them, and run them via the fastest VM in the world. 14. EGLD has been tested at an incredible 263,000 TPS using its sharding mechanism and low hardware requirements. Allegedly, by mid-next year (April), they’ll demonstrate 1,000,000 TPS. (For context: Mastercard handles around 5,000 TPS; BTC handles 5–7 TPS.) 15. EGLD is currently the most advanced L1 in terms of scalability, security, decentralization, UX, eco-friendliness, and tokenomics. It’s the only chain that has genuinely solved the Blockchain Trilemma and is ready to onboard 1 billion people into crypto—users who won’t even realize they’re interacting with crypto. 16. EGLD is perfectly positioned for AI projects—AI agents, AI tools, or a so-called “Truth Machine” that monitors other AIs on-chain, documenting what’s true and comparing different AI outputs (some of which may be censored or biased), ensuring people don’t get confused or scammed in an AI-driven world. 17. The EGLD team is the hardest-working team I’ve ever encountered. I had the honor of meeting many of them personally, and can attest that their pace—even during a bear market—is extraordinary. 18. EGLD’s development team is exceptionally active on GitHub, continually improving their network and actively committing code. 19. EGLD plans to introduce an update reducing block time to 600ms (down from ~6 seconds), which would make the chain essentially unrivaled. 20. EGLD is effectively the only usable L1 in Europe, and the team has direct connections within the EU government—extremely bullish for the project. 21. EGLD provides top-tier on-chain governance not only for the MultiversX (EGLD) protocol but also for DeFi projects (e.g., xExchange, MEX). 22. EGLD plans to expand to the US, likely opening offices in Austin, Texas. This could put them in direct contact with Elon Musk (if it hasn’t happened already), as he’s involved with If he’s done his research, he’d discover there’s simply no better L1 worldwide. 23. EGLD solved fully implemented sharding, perfect tokenomics, and top-tier architecture with just $5M, whereas other chains failed to do so even with $100M+. The second-best sharding network, NEAR, needed $100M, has worse tokenomics, and its sharding isn’t fully implemented yet. Its UX also doesn’t compare. Owning NEAR was like comparing a VW Golf R to a Porsche GT3—EGLD is the Porsche GT3. 24. According to Similarweb, EGLD has significantly high traffic relative to other chains with market caps 100x larger. The market cap vs. web traffic discrepancy is huge, which is a strong indicator of EGLD’s potential. 25. EGLD has the most active and dedicated community relative to its user base, with users who believe in the technology, have full faith in the team, and remain loyal despite price volatility—because they use the chain and know there’s nothing better. 26. Check other chains’ active user counts on X (Twitter) and compare it with the followers of EGLD’s founders and main network accounts, versus those with 30x, 50x, or 100x larger market caps. 27. Visit the MultiversX website to observe the futuristic design and presentation, then compare it to other chains that appear nearly a decade behind in design and branding. 28. EGLD hosts the xDay Global event, showcasing updates, new builders, projects in the ecosystem, and major announcements—similar to Apple’s Keynotes—delivered in a highly professional, goosebump-inducing atmosphere. The next event is in Korea, the second-biggest crypto market after the US. Check out their previous xDay after-movie to see why this is extremely bullish. 29. EGLD is moving forward with plans for the first regulated, audited EU stablecoin under MiCa regulation, made possible by acquiring xMoney, which I view as a “Stripe” for crypto/fiat, offering everything from user solutions to merchant services—potentially the future of payments. 30. Greg Siourouni recently joined EGLD, having been an executive director at SUI Foundation. He’s now co-founder of xMoney Global. xMoney (formerly UTrust, with token UTK) is owned and founded by the MultiversX Labs team. A stablecoin might be introduced soon, which would be massively bullish given xMoney’s roadmap. They recently announced integrations with Binance Pay—both ways. 31. EGLD prioritizes user safety, believing it’s the only feasible approach once the network scales to serve a billion people—many of whom are retail users with little to no security awareness. 32. EGLD offers “Sovereign Chains,” letting you effectively clone their chain without heavy development, set up your own validators, and leverage their unlimited scalability. Any blockchain (ETH, BTC, SOL) struggling with scalability, decentralization, or security could run an ultra-fast, scalable, and secure L2 on EGLD’s Sovereign Chain, meeting top enterprise requirements. No one else has really done this. The Sovereign Chain demo achieved astonishing TPS and has an SDK. 33. No downtime since inception. 34. No shard takeover attacks have occurred. 35. Extremely fast—soon 600ms block time will be in place. 36. ESDTs – The best token standard available: fungible, non-fungible, semi-fungible, DeFi assets—everything is native and highly customizable. 37. Top-tier composability of assets and smart contracts. 38. Integrated DNS at protocol level with HeroTags (nicknames) instead of long addresses. 39. Asynchronous calls are supported. 40. Cross-shard transfers, execution, reverts, and calls are seamlessly integrated. 41. The best staking system in the space. Secure Proof of Stake (SPoS) is far more efficient than Proof of Work (PoW). 42. Built-in Delegation and Staking Provider system, with over 125K delegators. 43. Complete support for liquid staked assets, fostering decentralization rather than centralization. 44. TransferRoles for ESDT and other advanced operations. 45. Composable tasks on-chain for more sophisticated DeFi workflows. 46. MultiTransfer and asset execution within one transaction. 47. Re-entrancy protection is built-in by design. 48. Storage for ESDT assets goes beyond a linear approach, optimizing performance. 49. No integer overflows thanks to integrated safeMath operations. 50. Integrated crypto opcodes in the VM, enhancing security and performance. 51. Support for BigFloats, BigInts, and BigDecimals, enabling advanced financial calculations on-chain. 52. No sandwich attacks, plus front-running and MEV protection. 53. Relayed Transactions, simplifying user interactions and fees. 54. Smart Accounts featuring data tries and multiple built-in functions. 55. Generalized Paymaster solutions, enabling flexible fee models. 56. Subscriptions for recurring or automated on-chain payments. 57. Web2-like usability with Web3 functionality, bridging mainstream adoption. 58. StakingV4 for improved decentralization. 59. Enhanced MEV protection rolling out to safeguard users. 60. Parallel execution is coming soon, boosting throughput. 61. 1 million TPS is on the roadmap, targeted for demonstration. 62. 600ms block time is also coming soon. 63. Reduced cross-shard processing is planned to improve efficiency. 64. ZK everywhere (PI²): “prove everything” approach is coming. 65. AsyncV3 is in development for more complex cross-contract interactions. 66. Scalability enhancements for Merkle Tries or a new data model are being explored. 67. Linear storage on the VM is forthcoming. 68. A dynamic language interpreter at the VM is also planned. 69. Rumors suggest that MultiversX (EGLD) is building a “Truth Machine” on their L1—an essential, game-changing tool for AI verification and societal impact. 70. The entire team features individuals with PhDs in mathematics and physics, and many are former engineers at Google, IBM, and similar companies. 71. Over 56% of the network’s supply is staked, showcasing strong community involvement. 72. More than 6,772,347 accounts have been created on the network. 73. A total of 476,627,710 transactions have been processed on-chain without any outages or hacks. 74. EGLD has built a massive ecosystem over time. While not as numerous in project count as Solana, its market cap is ~100x smaller, yet it has far superior tokenomics and technology. The projects that do exist, like Hatom Protocol, are top-tier in UX, security, and advanced features. Hatom will soon introduce USH, a truly high-quality, decentralized stablecoin. 75. On competing chains, automated transactions aren’t easily or cheaply executed, whereas on MultiversX, tools like let you do this for free (with near-zero fees). 76. No other chain combines such a strong team and long-term vision where every product meets extreme security and UX standards like MultiversX does. This is why I see it as the “next Apple” in Web3. 77. MultiversX has a new CMO – Adam Bates, a former CMO at the Cardano Foundation. He was behind the success of Cardano’s huge marketing campaign and has a very good relationship with Charles Hoskinson. Thanks to him, Beniamin Mincu (the founder of MultiversX) was likely introduced, and now they will probably discuss how both blockchains can help each other, as well as any other potential collaborations we don’t yet know about. This is also extremely bullish. #EGLD is undeniably the most Scalable, Advanced, Secure, and User-friendly L1 supercomputer ever created. It’s built to SHAPE THE FUTURE. 1) 2) 3) 4) 5) 27/6/2024 - EGLDSqueeze - SUMMARY: HERE IS NO 2ND BEST. EGLD IS ONLY ONE BLOCKCHAIN THAT CAN RULE THEM ALL. ✅ UNLIMITED SCALING ✅ SCARCE AS BTC ✅ PROGRAMMABLE AS ETH ✅ NO DOWNTIME AS SOL ✅ UI/UX OF Apple ✅ SHARDING DONE BEFORE NEAR & TON ✅ BEST WALLET xPortal WITH GUARDIAN Price prediction (NFA|DYOR): My reasoning is that the real market cap as of December 23, 2024...if we take into account the value of other cryptocurrencies such as BTC, SOL, ETH, AVAX, NEAR, TON, Cardano, BNB, XRP, and so forth, plus the existence of meme coins with valuations above 20 billion USD, or even games nobody plays anymore that still have valuations above 800 million shows that EGLD’s current market cap of approximately 942 million USD is incredibly low. From a technological standpoint, user experience, and other relevant aspects, compared to SOL, NEAR, TON, AVAX, and other L1 protocols, EGLD’s market cap should realistically be around 100 billion USD. Therefore, my prediction and investment thesis is a minimum of a 100x increase from its current price (+-SOL marketcap). MultiversX is ready to onboard 1 billion people to the blockchain. From a long-term perspective, it could even reach a market cap of 1 trillion USD, which is roughly half of where BTC is right now. That would be approximately a 1060x gain from the current market cap. 1 EGLD (MultiversX) is for $34 (only 31.4M max supply) think about this. Not financial advice. Again. There is no 2nd best L1. Position yourself where the puck is going, then wait at the goal until the goal gets there Apes together, strong. Ape alone, weak. We Don't Worry. We Just Win. Shape The Future

Daniel Veroc

50,163 views • 1 year ago

My fellow Kenyans, Many of you have seen my recent posts about the deadly cancer that is corruption in our country. In my last post, I tried to paint a picture of the disconnect between our potential as a country and the economic circumstances we find ourselves in today, and the connection between corruption and the incalculable pain and suffering and cruelty that is meted out every single day to the most vulnerable among us by thieves operating out of public office. And after covering the goings-on in Mandera County, I told you that in my honest opinion, our governments exist to cater for the filthy-rich lifestyles of the vilest and most corrupt among us, at the expense of everyone else. I received tremendous support from all of you, for speaking on behalf of so many struggling Kenyans who don’t have a voice, or the audience necessary to spark the much-needed discussion about where we are heading as a country. But even with all that support, I have received messages asking me to be careful. One compatriot told me: “prepare to be relentlessly pursued, threatened, enticed, guilt-tripped, and gas-lit”. This is from a someone who knows how our government operates, and how it uses violence and its monopoly on power to silence those who question why politicians are stealing so much. I am not naive about the dangers of speaking up and calling out thieves who control state machinery, and who possess the ability to shut me up in a few seconds. But I will tell you why we CAN NOT and MUST NOT keep quiet. In November of 2023, I stumbled upon the story of a young man from Turkana, Calvin Esekon Esewit , who, despite scoring an A-, and getting an acceptance into medical school, spent two years not knowing whether his dreams of becoming a doctor would ever come true. I was moved by that story in a way that I can never adequately explain. I could not understand how it is possible that, in our country, a young man who appears to be every parent’s dream child can spend two years in limbo while we as a country possess the ability to invest in our best and brightest. And so, I spent weeks trying to chase down Calvin to see how I could help him attend college. After a lot of searching, I finally found Calvin, and by this time he had managed to get some help and is now in college. While this story has a great ending, it did not to be this way. And we know that the number of cases that end like this, with some success, are a small fraction of those ones which end tragically, with broken dreams. This is what happens when corruption consumes anything and everything in a country. It destroys lives. See attached video to learn about Calvin's story. I tell you all this story because it provides context to today's topic. For one story like this one that you see on the news, there are millions that never make the news. But they are real situations, nonetheless. There are millions of your compatriots who are devastated by this killer cancer of corruption that is perpetuated by people that you and I have put into public office ostensibly to improve our lives. They go into these offices and abuse the trust you bestowed upon them and deny you and everyone else a decent opportunity in life. You see, Calvin and millions of other victims of this shameless level of corruption and plunder have no voice, and no real ability to look the thieves that are destroying lives and generations of Kenyans in eye and tell them to stop this unbearable pain and the cruelty. This is the reason I embarked on this journey to attempt to expose this shameful situation. Watch the attached video of Calvin’s situation, and I am sure that you will agree that the millions of Calvins in our country need a voice, NO MATTER THE RISK. The thieves that are destroying the futures of millions of children just so they can have beachside homes in Miami, Dubai and other places count on the idea that most people will fear for their lives, and therefore not speak up. They count on the growing apathy in the Kenyan psyche. But we cannot give in to that. We cannot cower to thieves. We must look them straight in the eye and tell them that they MUST STOP. If we don't, our children and their children are guaranteed the same level of cruelty. And so with that, today I want to talk about the utterly insane crime scene that is Turkana County. I don’t know any other way to describe it, other than, it is a “shit-show”. Just follow along, and let me know if you disagree. As I did in my previous commentary, I will ask you to indulge me a little bit, and allow me to use a couple of pictures, because pictures speak louder than a thousand words. The first picture shows the state-of-the art County Government offices, that the County Government of Turkana decided to invest an ungodly amount of money on. Close to a billion shillings. The second picture is a classroom in session. In Turkana County. These two realities are occurring in parallel in the same county, at the same time. Ladies and gentlemen, let me just tell you that I do not go out of my way to find bad news. I want stories that would help re-affirm our belief in the fundamental decency of human beings. When I find good news as I review these Counties’ decisions and how they behave with our resources, I will be the first one to report it to you. But I don’t have any good news today. I have bad news. If you read my commentary yesterday and were offended by what you saw, I am afraid you might not make it to the end of this article, because what you will hear will be quite shocking. The cancer of corruption, particularly at the County Government level, is worse than your wildest imagination. And so, as I like to do, I like to start off by putting some numbers on the table for us to use as reference points. Bear in my that all the information I put in this article is publicly available. Nothing came to me through a whistle blower. The first number is KSH 100 Billion. With a B. In the last decade or so, you and I, through the National Government, has sent over KSH 100 billion to Turkana County. To support recurrent expenditure, and development. For example, in the 2022-2023 fiscal year, we sent KSH 12.6 billion. In the 2021-2022 fiscal year, we sent KSH 11.4 billion. And on and on and on. The second number is 1 million. This is the population of Turkana County. The third number is KSH 18.4 billion. This was Turkana County’s budget for the 2022-2023 fiscal year. The fourth number is KSH 190 million. This was the amount of money that Turkana County was able to generate on its own accord within the county, from all its investments and other activities in the period in question. This number is an important proxy, in my view, for the value of the county’s economic prospects for the foreseeable future, and to people that are not driven by greed and corruption, would be an important consideration when they are thinking about how and where to deploy your money as taxpayers. If you are doing the math, Turkana County, for the 2022-2023 fiscal year, was only able to raise 1% of the funds needed to keep the lights on. 99% came from you and I, and a tiny amount from grants. The next number is KSH 129, 040. This is the average ANNUAL [emphasis added] income of a resident of Turkana County ( Keep that number in mind when we are discussing the massive theft of public funds by Turkana County leaders. The next number is 80%. 80% of the residents of Turkana County live below the poverty line. They have a really difficult time putting food on the table. ( The next number is KSH 12 Million. This is the basic salary of the Governor of Turkana County before other benefits that, as I explained yesterday, can often double the salary. Remember the “housing allowance”, the “hardship allowance”, the “commuter allowance”, the “risk allowance”, the “extraneous allowance”, etc.? Remember that? I still cannot figure out, for the life of me, what “extraneous” means in the context of County business, but we don’t time to dwell on this. The next number is 93. The Governor of Turkana County makes 93 times the average Turkana County resident’s annual income. 93 times! The next number is 82%. This was the percentage of people that were illiterate in Turkana County in 2013 ( Could not read or write. A point to note about the above literacy figure. Ten years later, and despite over KSH 100 billion is spent in Turkana County, including many billions for education, that literacy rate HAS NOT CHANGED ONE BIT. Only 20% of the population can read or write today. ( KSH 829 million. This is how much it cost to build the County Government offices. Yes, the ones shown in the first picture. KSH 120 million. The County Government decided that it was prudent to pay a contractor KSH 120 million to construct the Governor’s personal residence. Get this, even after this payment, no construction took place. The money was stolen. All of it. KSH 90 Million. This is the amount that the County Government paid to another contractor, to build the Governor a mansion, having previously lost KSH 120 million. So, the tally for the Governor’s residence now stands at KSH 210 million. Never mind that the limit allowed by law is KSH 45 million. KSH 5 billion. In the last days of his term in office, an outgoing Governor of Turkana, Koli Nanok, EGH. , sought to inflate pending bills by adding KSH 5 billion so that it can be paid to his criminal cartel. KSH 5 billion. We have our key numbers, ladies and gentlemen, so let us discuss. So, we have a county that is dead last in literacy, and in the top 2 of the poorest counties in the republic. Only 20% of the population can read. The Governor earns 92 times the average citizen. The Governor lives in a house that cost over KSH 200 million. When he leaves his house in the morning, he goes to his office that cost KSH 829 million. And this is all happening when 80% of the County residents struggle to put food on the table. Those are the facts, and they are not in dispute. During the same time, the County Government geniuses decide to build the Speaker of the County Assembly a house. And a home office, and a garage. The house was initially estimated to cost KSH 75 million. But due to circumstances that not a soul in the government could explain to auditors, the contract expired before the house was completed, and the County Government found a new contractor to complete the job for an additional KSH 29 million. But this palace in the jungle worth apparently worth over KSH 100 million in Turkana County was not enough. The County proceeded to build the Speaker a guest house for another KSH 19 million, and a few other amenities, and so the whole cost went to KSH 276 million! The legal limit for a Speaker’s house is KSH 35 million, and they spent close to KSH 130 million just for one residence. By this time, I am sure you are getting tired of these obscene numbers. You and I work, and pay taxes. Nobody pays you 92 times the income your average neighbor is making. And for sure nobody will drop KSH 100 million to build you a house. These are the perks of working in government in a poor country. Go figure. And so, as a country, we need to answer for ourselves the question I posed yesterday, which is, what is the point of government? What is its role in our lives. If this level of criminality and pillaging can occur in our country in the midst of so much poverty, questioning the need for government is a totally valid question. I said in my last post that, when the average citizen looks at the thug on the street and the government, and is unable to discern any meaningful difference between them, that society from that point on is on its journey to becoming a failed state. A journey to anarchy. Over the last two months or so, Kenyans have been shouting at the top of their lungs, begging for their government to listen. To hear them out. Kenyans have asked that their government stop this unbelievable level of plunder. Dozens of Kenyans have died, thousands injured, and many more are missing today. To this day, the people that govern us continue to use the power of the gun to subdue Kenyans, until they can take everything in their sight. And so, as a society, we all have to ask whether today there is any difference between the thug on the street and our governments. Every Kenyan will have to answer this question for themselves. And before answering this question, everyone needs to remember the many Calvins in our society. Smart, upright children whose only crime is to be born in an unforgiving, lawless, and corrupt purgatory that is Kenya today. For myself, I have concluded that there is no difference between the thug on the street and our governments, county and national alike. If you can see any meaningful difference, let me know. I am willing to listen. So despite over KSH 100 billion in money sent to Turkana County, there is almost no measurable improvement in people’s life today. None. And it makes sense, when you look at how that money is spent. I want you to forget for a second the obscene obsession by the County Government with spending ungodly amounts of money on themselves. The houses, etc. If you step back and look at how the government is actually spending the hard-earned money on other things, you will be depressed. I am telling you that I wept three times in the middle of the night trying to make sense of this crazy situation in Turkana County. Three times. I have never imagined that human beings can be so greedy and cold-blooded. Think about this: In the couple of years I reviewed, the County spent around KSH 400 million annually in “tourism” initiatives, including marketing, and apparently upgrading certain facilities. KSH 400 million for tourism. In Turkana County. In 1 year. KSH 400 million per year in marketing and other money pits. The government’s own website says that the county gets around 3000 visitors per month. Around 36,000 per year. That’s them saying that, on their website. Are you curious to know the return on that KSH 400 million investment? I have an answer for you. Remember that I told you that the County has never raised more than KSH 200 million in a year within the county, despite its KSH 18.4 billion budget? Let me walk you through the breakdown of the absolutely embarrassing shit-show that is the County Government’s “own source revenue” operations. In 2022-2023, the County Government collected KSH 190 million locally against their KSH 18.4 billion budget. 1% of the budget. Remember, there is absolutely no requirement on the County to cut costs, or achieve certain local revenue targets today. So they raised KSH 45 million in single business permits, KSH 72 million in CESS, KSH 8 million in market fee, KSH 9 million in “slaughter fees”. And then finally, there is the return on the tourism investment that you were looking for. A whopping KSH 209, 000 in “park fees”. KSH 209,000 in fees, after investing KSH 400 million. And so, take this as an example and extrapolate it across the entire budget, and you can see how one can spend KSH 100 billion and get NOTHING in return. You don’t need to be a genius to see the absurdity of this situation. Let me explain using an example that should illustrate the utter dimwittedness of this situation. Remember the KSH 100 billion sent to Turkana by you and me? Part of this amount is supposed to be for “service delivery”, or “recurrent expenditure”. Usually about 70% of the budget. The balance, 30%, is designed to go to development projects. With that in mind, from KSH 100 billion, the County apparently has made KSH 30 billion worth of investments, right? 30% of the KSH 100 billion. Now, if you employed someone to run a business for you, and they asked you to invest KSH 30 billion, which is no small fortune, at some point you would have to start seeing returns, right? That’s common sense, isn’t it? So, when we look at the revenues streams that make up this paltry sum of KSH 190 million, and see things like “slaughter fees’ and “market fees”, what does it tell you? It tells me there is no real “development” happening in that county. Trust me, if you had real development totaling KSH 30 billion, you would have corporate taxes in the hundreds of millions or billions, a booming real estate market, rising wages and standards of living, etc., low unemployment, etc. You would not have 80% of the people living hand-to mouth, and a County Government that can not afford to support itself for 5 days out of the year that has 365 days! We do not have enough time, trust me, to deal with the shit-show that is Turkana County. Dealing with that mess would require a forensic team. I will just highlight a few of other “in your-face” type of theft of public funds, and then conclude my submission. A government that has a budget of KSH 18.4 billion annually, and which has never raised more than 1% of its budget had the wisdom to do the following with your money: · Spend KSH 222 million on a project building something that NOBODY uses. You got that right. They spent KSH 222 million on a facility that NOBODY uses. KSH 222 million gone to waste, in a county that is dead last in pretty much all measures of human progress. · Remember the County Government offices that cost KSH 829 million? The County spent KSH 82 million on “air-conditioning” for that building. · Despite the County Spending hundreds of millions for the top three officers of the County, the Governor and his Deputy, in the 2022-2023 year, illegally charged the county (you and I) KSH 2.2 million in housing allowance! · Built two facilities for KSH 16 million, that were completed, but NOBODY uses them. · Entered into a contract for the construction of a plastic use facility for KSH 13 million in 2021. The contractor gets paid KSH 4.9 million, and has never been seen since. · Paid out KSH 62 million in salaries that were not supportable in just one year. They could not point to anybody and say, that is who we paid. · Paid out KSH 27 million in legal fees that nobody could say what they related to. And the County’s Legal Advisor, who, in 2022-2023, had a budget of KSH 123 million, apparently did not know anything about it! · Had an outstanding bill at Kenya Revenue Authority in the amount of KSH 486 million, that did not show up on the County Government’s financial statements. Think about that. KSH 486 million owned to the Kenya Revenue Authority, and that liability is not on the financial statements! This only means that someone took those funds for themselves, which is why the liability would be missing from the county’s books. · Could not account for KSH 367 million in expenditures for 2022-2023. KSH 367 million, in unexplained expenses. · Awarded a contract worth over KSH 200 million to a bidder with no bank statement, against the law. This contract was entered into and approved before the statutory time after the bidding process lapsed. Someone was in a hurry to get paid. KSH 200 million, illegally awarded to a bidder who did not have a 6-month bank statement. · Apparently purchased KSH 1.5 billion in assets in 2022-2023, but kept no records of the said assets. For this reason, NOBODY can verify where these assets are located. KSH 1.5 billion. Let me just say this. In my last article, the most common critique was that it was too long. Too many words. I did not intend to make another long article. Trust me when I tell you this, we do not have the time to detail half of the problems in Turkana County. For just 1 year! We do not. Now, you recall my point about how societies descend to madness and anarchy. In our country today, our leaders are accusing those of us who are agitating for honest and transparent governance of being traitors to the country. They call us anarchists, criminals, and merchants of chaos. They are questioning our patriotism. You have all seen the government and its horde of propagandists threatening the Ford Foundation and others because they may have helped civil society keep the lights on, and investigative journalists to have the capacity to continue to do the Lord’s work of investigating criminality in government. As though citizens are so dumb and ignorant, that they cannot see what is going on. The reason why millions of Calvins in this country will never graduate from college and earn a decent living is not because of the Ford Foundation. No. It is because of the thieves we have in office today, like the ones in Turkana County. In this post, I copy our leaders, the President and his deputy. I copy them because I want them to help Kenyans understand the following conundrum, about crime and criminals. There is nothing so special or peculiar about criminals or where they pop up. There are criminals in the US, Canada, France, and other places. Just like we have criminals in Kenya. The difference between banana republics and failed states, and civilized societies, is WHAT we do to and about criminals. In civilized societies, criminals are prosecuted and punished heavily. They are shunned. In some places, those charged with serious crimes such as corruption are executed. These are societies that are committed to sending the message that corruption, which robs citizens of their rights, is not acceptable. And they demonstrate this commitment by heavily punishing those who steal from the most vulnerable in society. In Kenya, we see the opposite. Criminals are exalted. They are promoted and embraced in government. It was just last week that the president unveiled his nominees for his Cabinet. Among them, are the likes of Hassan Ali Joho, EGH. , @GovWOparanya , and Davis Chirchir, ALL people who have been accused or charged with massive corruption against Kenyans. And am sure you remember that I mentioned Koli Nanok, EGH. , the man who tried to steal KSH 5 billion in his last days in office. Would you believe it if I told you that he works in government, at State House? He plunded billions of your money, got no measurable improvement in the lives of his subjects, and now has a government job in State House. Let that sink in. And so, the question is, how is it that in a country of 55 million people, with thousands of highly qualified people who have never ever stolen from Kenyans, he ends up with the criminals and thieves in the government, despite the fact that their crimes are in the public domain? How is this possible? Is it possible that these thieves possess a certain unique ability to run government, save Kenyans billions, and solve problems in a way that the president performs a cost-benefit analysis, and the benefits outweigh the costs of their theft? If not, what message does it send to Kenyans, when their own president puts into office known thieves? I think that is a fair question, don’t you? Dr. Ekuru Aukot Rigathi Gachagua William Samoei Ruto, PhD Okiya Omtatah Okoiti Citizen TV Kenya Nation Breaking News TI-Kenya CNN County Government of Turkana

Bonnie Mwangi, CPA, LLM, MBA

107,519 views • 2 years ago

Dear David Coltart, WHY I CANNOT SUPPORT QUINTUPLE C: COLTART, CHAMISA AND CCC My attention has been drawn to your fraudulent and disgusting tweet you posted on my Twitter TL yesterday David, in which you quoted a tweet I posted four years ago on 22 January 2019 in memory of my father. I reproduce below both tweets for ease of reference: “I have always genuinely sympathized with you Jonathan - the loss of your father in such circumstances must be devastating. I just don’t understand why you continue to side with the party which brought such suffering to your family, and which still brings so much suffering.” – Tweet by David Coltart, 30 July 2023; commenting on my tweet below I posted four years ago: “1/5 On 22 January 1983 my father, Melusi Job Mlevu, was callously murdered in Tsholotsho by gukurahundi soldiers & the CIO. They tortured him upon his arrest & in front of his family; got him to dig a shallow grave, tortured him again; pumped bullets into his body & buried him!” – Jonathan Moyo tweet posted on 22 January 2019. Now David, are you really serious that you “have always genuinely sympathised with me”, because of “the loss of [my] father in such circumstances”? And since there’s no strategic ambiguity about the meaning of “always”, as it means exactly what it says, how have you “always genuinely” expressed your sympathy over all the years, since knowing about the circumstances under which I lost my father? The fact that your tweet yesterday is a response to a tweet I posted a long four years ago on 22 January 2019 – in memory of my father who was murdered by the Fifth Brigade in Tsholotsho on 22 January 1983 – shows and proves that you’re a fraud and a charlatan with neither sensitivity towards me and my family nor respect for us as Africans and human beings. All told, and typically of Zimbabweans of British colonial extraction and in particular of soul-free Rhodies, you’re contemptuous of our culture as a family and as Africans. You see David, it is fraudulent and utterly disgusting of you to claim that you have ever sympathised with me over my father’s loss. It’s actually patronising and very insulting in the extreme. Your fraud is clear even to yourself, that’s why you did not express your so-called sympathy when I first posted my tweet on 22 January 2019 in memory of my father who was murdered on 22 January 1983. In fact, until your fraudulent tweet yesterday, you had never before expressed any genuine or even non genuine sympathy for me and my family regarding the loss of my father on 22 January 1983. Even fools will immediately see that the key sentence in your tweet yesterday is not about your cruel declaration of fraudulent sympathy for me and my family over the circumstances of my father’s loss, a loss my family commemorated this year not yesterday but seven months ago on 22 January 2023, with no tweet of sympathy from you. The sentence in your tweet yesterday that captures what you really foolishly communicating to me is this: “I just don’t understand why you continue to side with the party which brought such suffering to your family, and which still brings so much suffering.” David: what I say, believe and do is without exception based on and an existential product of what I know, what I think and what I have experienced or lived. I never say, believe or do anything that I don’t know, don’t, I have not thought of or which I don’t believe. Now David, you pretend to be a democrat who believes in the rule of law as enshrined in the Constitution, so, what business of yours is my choice of what side to support or to not support in politics? Are my freedom of conscience and my right to make political choices freely now subject to your understanding, or are they my constitutional rights, as they are for every Zimbabwean, in terms of sections 60 and 67 of the Constitution of Zimbabwe? Are you aware David and do you understand that the Constitution in 67(1)(b) says every Zimbabwean citizen has the right “to make political choices freely”? And, David, are you aware that section 60 of the Constitution says every person, not just every Zimbabwean but every person, has the right to freedom of conscience which includes “freedom of thought, opinion, religion or belief”, and “freedom to practice and propagate and give expression to their thought, opinion, religion or belief, whether in public or in private and whether alone or together with others”. The fact that you quoted and abused my personal tweet I posted on 22 January 2019 in memory of my father who was brutally murdered by the Fifth Brigade on 22 January 1983 to say you “don’t understand why you [me] continue to side with the party which brought such suffering to your [my] family, and which still brings so much suffering”; shows that you are either ignorant of sections 60 and 67 of the Constitution of Zimbabwe, and proves that you are a fraud and a charlatan with no constitutional values. Why do you want to police my freedom of conscience and my right to make my political choices freely? Just why do you and your lot in CCC, think that you can interfere with my freedom of conscience and my right to my political choices that are guaranteed to me by the Constitution of Zimbabwe? If you and your lot were genuine democratic change champions, as you claim and purport to be, you would be the first to understand and to propagate freedom of conscience and the right to make political choices freely as sacrosanct constitutional values and principles that must be respected for every Zimbabwean at all times. But this has not been possible because you are frauds and charlatans. Now, your attitude towards me, the one captured in the disgusting tweet you posted yesterday, leads me to conclude without any fear of being contradicted that you are a frivolous and stupid person, David. Otherwise, if you care to know, there are three months that are cruel to me. October in which I lost my daughter Zanele in 2015, November because of what happened to me, my family and some colleagues during the 2017 military coup – it was also on 11 November 1965 that Rhodesia under which you blossomed, unilaterally declared independence – and 22 January the dark day on which my father was murdered. These are traumatic days for me in the calendar year. You see, I was a student in California in the US when my father was murdered by the Fifth Brigade in cold blood on 22 January 1983, having gone to the US before independence in 1977. When this awful tragedy happened, I did not know who my father was. I was born when my mother was barely 16 years old, and I was raised by my maternal grandparents who, like my mother, did not want me to know who my father was for reasons best known to them. Although, as I grew up, I understood their position from our cultural perspective as Africans, it nevertheless profoundly pained me. Truth be told, I was most grateful and I still am to this day, that my grandfather was a great father and my grandmother a great mother to me in ways that made me who I am today. I got to know who my father was well after I had graduated with my doctorate in 1988 and long after his gruesome murder, about which I was first told only 10 years ago. Since then, while it's been a profound rebirth for me to connect with my father through the loving Mlevu clan at large, I owe my dear sister Simiso an existential debt of gratitude. Through her, my kids have a hand-holder gateway through which to know about their grandfather. I really thank God and the spirit of the Mlevu clan for Simiso. The fact that I was born on 12 January, and that my father was brutally murdered on 22 January, makes the month of January an unbearable time of anguish for me, more so given that my father and I never met in life. When four years ago on 22 January 2019 I posted the tweet that you abused yesterday with reckless abandon, as you exposed your disconnection from the African experience, I was existentially troubled by the worst that could have happened to me and to my family on 15 November 2017, which got me thinking about what happened to my father, and even more troubling against the backdrop of the events of November 2017, I was devastated by the fact that I never met my father, and I spent the better part of 22 January 2019 wondering what life could have been for me had I known him in life and grown up under his parental care and guidance. You see David, maybe this is not true of people of European ancestry like you but, for many Africans it is very common for kids to be raised by their grandparents, like I was. As things turned out, I grew up knowing many such kids as my peers, the majority of whom never got to know who fathered them, some of whom are leading very successful lives in society as you read this. Unlike them, I was fortunate to end up knowing who my father was, but I was unfortunate not to have met him, and even more unfortunate to have known of him long after his death, made worse by the tragic circumstances of that death. I do not have a fly by night connection with Zanu PF. When I finished my high school in California, I proceeded to university there for my undergraduate education on a scholarship I got through Zanu PF. While an undergraduate, I was the political commissar of the Zanu PF branch in Los Angeles. I did my masters and doctoral degrees with academic scholarships endorsed by Zanu PF and underwritten by the Government of Zimbabwe through a staff development programme at the University of Zimbabwe. Having gone through Mgagao run by Zanu PF, and having gotten university education to the highest level under the auspices of Zanu PF, I have a long history and experience with Zanu PF, and with Zanu PF people whose complexities define who I am as an adult Zimbabwean, for better or for worse. It's my history, I'm proud of it and I own it. It’s an inescapable truth that each individual, and each therefore each person has a unique existential history best known to himself or herself, family and to a small cohort that has been intimate parts of that personal history. It's hopelessly foolish for someone to hope to prescribe a history on anyone. Every human being is who they are. And it's a fact not exclusive to me that my association with Zanu PF has not always been rosy. Life is a personal struggle between the person or the individual and the social formations through which life goes on. It’s common cause, that the military coup was a traumatic experience for me and my family and that it was profoundly painful and life changing in untold ways. It’s also common cause and not surprising to any normal human being that I blamed Zanu PF for that traumatic experience. Anyone else in my situation would have done the same at point or another. Yet the bigger story is that I, my family and my colleagues survived that 2017 ordeal with the very direct, active and truly genuine assistance and support from Zanu PF people. Working with other African Angeles, and I emphasize African Angeles, it was Zanu PF people who made sure that we were able to be safe and to get out of the country to be where I am today, all of them at great risk to their lives or livelihoods. In 2017 I was saved to be alive today by Zanu PF people. During the life threatening 2017 ordeal that my family and I went through, there was not even one person associated with the opposition as it was then, or as it is today, who reached out to find out where I was or how I was doing. It is common cause, some of it is documented, that many in the opposition then and who are still in opposition today, actually wanted me dead, all because of my political differences with them. You David Coltart, who now wants to pretend that you “have always genuinely sympathised with me”, never inquired after me. That’s why I think you are a monumental fraud and a charlatan. I repeat, I was helped out of the traumatic ordeal in 2017 by Zanu PF people, not by anyone from your lot David, not even one. Of course, at some point and largely because of the 2018 general election I found myself connected with some of your lot, especially Nelson Chamisa and others who were close to him or working with him i the election campaign, as the MDC-A presidential election candidate. I will not rehash that story here, as it has been told very well by many others. From my experience, and the lessons I have extrapolated from the late Vice President Joshua Nkomo, such as on the attached video clip, I have come to better appreciate that it is a mistake and wrong to a understand and define a political party with a deep-seated background and history like Zanu PF in terms of its leadership; rather, a grounded political party with a long history is necessarily defined by its founding values, constitution and membership, not least because the membership is permanent while the leadership comes and goes. By the same token, I have come to better appreciate that the mistakes or excesses of the leadership of grounded political parties with an entrenched history should not automatically or reflexively be ascribed or attributed to or blamed on the membership. On 15 November 2022, Patrick Zhuwao and I wrote an open letter to Zanu PF members to precisely make this point. I am attaching herewith a link to that letter, lest you missed it. It’s a self-explanatory letter which contextualises and explains everything that I did and said between 15 November 2017 and 14 November 2022. It also explains why do not support Nelson Chamisa and your CCC. I stand by the contents of that letter. In this connection, I draw your attention and that of your lot to an interview done by the late VP Joshua Nkomo in 1983 – which is attached herewith as already mentioned – in which Nkomo explains why the Fifth Brigade was not a Shona issue. Although Nkomo made it clear that gukurahundi was a political and not a tribal issue, I have come to understand and appreciate that it was a political issue not in the sense of Zanu PF as a political party in membership terms but, rather, in the sense of the political leadership and, more particularly, of individuals within that leadership. However, given your utter contempt for sections 60 and 67 of the Constitution of Zimbabwe, I do not expect you to understand the dangers of painting a tribe or a political party with one brush, or to understand the misguided consequences of conflating the leadership of a political party with the party’s membership or even of treating the leadership of a political party as a monolithic formation that always acts in concert. Basically David, and just like Nelson Chamisa’s trolls, it's clear you believe that you can abuse my personal and tragic circumstances to blackmail me for your doomed political purposes in two ways. First, you think you can abuse the circumstances of my father’s brutal death to somehow generate cheap and outrageous propaganda for yourself, Nelson Chamisa and CCC that I support Zanu PF which killed my father, and you do this under your self-indulgent presumption that everyone who is in Zanu PF as a political party is murderous by definition. Second, and based on this falsification, you’re abusing my tragic personal circumstances regarding my father’s loss to blackmail me into supporting you in particular, given my attack on your imposition as CCC's Ward 4 councillor candidate in Bulawayo; Nelson Chamisa and CCC . Your outrageous position is that if I cannot support you, I must keep quiet about you, under the ridiculous presumption that you’re all by definition virtuous, competent, capable, the only and best democratic alternative for everyone in Zimbabwe. On the back of sections 60 and 67 of the Constitution of Zimbabwe and drawing from my knowledge, thoughts, experiences and received wisdom from the late VP Joshua Nkomo, I have dealt with your self-indulgent presumption that Zanu PF is a monolithic formation with undifferentiated leadership and membership structures, in which you take everyone in it to be murderous by definition. In light of the fact that you invited this intervention by your disgusting and intrusive tweet you posted yesterday, and because we are age mates, I conclude my rejoinder to your offensive tweet by telling you what I think about you, about Nelson Chamisa and about CCC. David, as a former member of the Rhodesian security services which were murderous and which committed unspeakable atrocities across Zimbabwe and beyond its borders into Zambia and Mozambique, you have no moral authority to pontificate about human rights or anything of the sort. You David Coltart operated in Matabeleland where you did dastardly things, some of which you narrate in your autobiography and many of which you will take to your grave untold, because you never faced a commission of inquiry to be grilled under oath about your service in the Rhodesian security services. The fact that a person like you has remained active in Zimbabwean public affairs for 43 years since independence is a huge credit to our national politics because, with your background in the Rhodesian security services, you would not have survived this long in public life elsewhere. It’s mind boggling that Chamisa has imposed you to run for Ward 4 councillor in Bulawayo, after you were resoundingly defeated in your party’s Ward 4 community candidate selection caucus in which you were clobbered and you came a distant last among the contestants. Thanks to your being power hungry, you have made it possible for everyone to see that you’re a fake democrat and a charlatan who believes in the imposition of candidates. Your criticism of what you say is Zanu PF's undemocratic practices is hollow and hypocritical. Furthermore, it’s shocking is that Chamisa is bent on imposing you from Harare as Bulawayo mayor. You don’t qualify for that position not least because you do not speak the language of the local community in Bulawayo despite having been born there 66 years ago. Unlike Members of Parliament or Senators, whose chambers conduct their business mainly in English, Councillors and Mayors work in the local languages of their local communities. For the above reasons, and as an expression of my freedom of conscience and my right to make my political choices freely, I do not and cannot support you at all David. As for Chamisa, having worked closely with him between 2018 and 2021, I came to the settled conclusion in November 2021 that he is a dictator with a very dangerous God complex, in that he sees himself as having been chosen by God to lead Zimbabwe, and more ominously, he claims to have direct communication with God who has the last word on what he should do or say in public. In politics, that’s an unworkable Jim Jones proposition. Because of his God complex, Chamisa is visible only when there are elections as he was in the 2018 harmonised general election, March 2022 by-elections and now for the 23 August harmonised general election. After he ditched his supporters in August 2018 when he called them "ma stupids" [stupid people], in January 2019 and in July 2020, his unavailability to provide leadership when his supporters needed it triggered a viral political joke that: ‘in Zimbabwe there are three things that are unavailable when you need them the most, the UN, a condom and Nelson Chamisa’. But even more telling aboutChamisa is the shocking way in which he has used CCC since its formation in January 2022, and particularly in the party’s candidate selection for the forthcoming elections, to ruthlessly purge the opposition. It's been scary and it explains why the opposition in Zimbabwe today is the most clueless and the weakest since independence in 1980. How can a democratic change champion insist on running a political party with no constitution, no structures, no bank account and no accountability? I cannot support a leader like that. There’s nothing more dangerous in politics than, a young 'popular' dictator with a God complex. My conscience and freedom to political choices freely do not allow me to support a leader like that. As for CCC, it has no ideology, no values, no constitution, no structures, no bank account, no policies and no other visible office bearers besides Chamisa, Gift Siziva, Fadzayi Mahere and Amos Chibaya; and it has not been launched to boot. There’s just no way anywhere on earth that a political formation like that can be supported by rational people with rational expectations. That’s why I cannot side with you David or with Chamisa or with CCC. You’re not “the alternative”, you’re just a worse and more dangerous alternative which can only be supported by polticidal people who do not mind moving from the frying pan into the fire! Jonathan Moyo 31 July 2023

Prof Jonathan Moyo

181,071 views • 3 years ago