John Galt

John Galt

14,714 Twitter followers

Follow

DeFi educator focused on the Cosmos ecosystem l Head of strategy @Stride_Zone

Posts

The age of Monad is upon us. > Vitalik declares L2s no longer make sense, huge blow for all L2s > Kyle Samani steps down from Multicoin, not looking good for Solana > Crypto crash weeding out fake scam L1s, eg Plasma and others Monad is the future of crypto.

If BTC decides to reverse within next ~24 hours, Monad going to be one of the fastest horses. Straight to 0.022.

If all L1s are in the same place, buy Monad. - Cheapest serious L1 - Newest serious L1, so least technical debt - Team has biggest cash treasury relative to market cap of any project in crypto - As a bonus, insider unlocks don't begin till November Monad is a new beginning.

- sol vs eth vs <insert your chain> is pointless discussion cause nothing significant happens on any of them, so nobody really won (and coincidentally nobody really lost yet)

Monad is the safest place to hide right now. Current valuation = $1.7B. But ~40% of that is unallocated token held by Category and the Monad Foundation. Also, they have ~$400M cash on hand. Valuation - unallocated tokens - cash = $600M. Pretty good price. And most of that is of course locked. Vesting doesn't begin until November. If you believe in the old fashioned crypto ethos of decentralization and neutrality, and you think crypto has any sort of future at all - Monad is a good place to be.

Why would DeFi take root on MegaETH? 1) MegaETH is centralized, meaning it can can censor, front run, and steal user funds. 2) It has an enshrined stablecoin, meaning other major stablecoins won't want to deploy there. If not DeFi, are they focusing on some other use case?

MegaETH is the ultimate KOL project. They did three separate crowd funding sales from CT, for a total of $87.68M. Remember this as you see the bullish MEGA posts intensify into TGE.

Bitcoin’s quantum problem can be fixed. Gold’s problems cannot be fixed. Just a matter of time.

this technology exists today, it's just a matter of the marginal cost of gold justifying the capex to build the reactor. once gold trades high enough there will be a decent IRR on fusion alchemy https://arxiv.org/abs/2507.13461

Farcaster raised $150M in May, 2024. Still has all the money today. Monad raised $225M in April, 2024. Probably still has most of it today. When your treasury is that big, the ~4% from safe money market funds can pay for much of your expenses. With Monad’s ~$400M treasury, at 4% they’re making $16M / year just in interest. Insane. Between cash and tokens, Monad has enough capital to run for over a decade. In the uncertain world of crypto, Monad is a solid rock. And no, Monad can’t return funds to investors. The network and token are live. Only way forward is to spend treasury to build the chain.

Given some rumors, wanted to post a few clarifications: Farcaster is not shutting down. The protocol works and will continue to work. There were 250,000 MAU in December and over 100,000 funded wallets. The acquirer, Neynar, is a venture-backed startup and plans to shift

Monad discussed on CNBC this morning 👀 Great interview, @HadickM!

As crypto natives, our job is to stick around during bear markets and deploy capital into high-quality new projects. We have to be able to identify a bear market, identify high-quality new projects, and have the courage to buy. This is why I'm heavily allocated to MON.

Loading..