A lot of ppl have been asking my thoughts on Pumpcade… Have a lot of thoughts, but the high level is this: - ACE is a novel token equity union device we haven’t seen in crypto before (largely reg reasons). - I like seeing innovation that brings token holders into better alignment with equity holders (since previously in just about every instance the token is completely divorced from project success) - i have no idea how to appropriately value either the token or the equity side. - nobody on CT has any idea how to appropriately value the token or equity side. - predictions, perps, and stablecoins remain the only investable asset/token types in crypto right now (only crypto/crypto-adjacent things with PMF)