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YashasEdu
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Love to read and write on DeFi and AI | Building @PrismHub_io | Thoughts are my own
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YashasEdu
Not many projects demonstrate true market fit before running a community sale. Even fewer do it through actual fundamental performance, not incentives or hype. But when a product sits at the intersection of large existing user behaviour <> crypto-native speculation, real traction potentially turns into a durable one. Football.Fun and LEGIONSports gambling is one of those rare categories: 🔸$250B+ wagered annually 🔸Prediction markets hitting ~$2B in monthly volume These are massive cultural & seasonal cycles that naturally drive repeat participation. And this is why @footballdotfun stands out so clearly. Its historical performance since Q3 2024 demonstrates this: 🔹$90M+ total trading volume 🔹$10M+ actual underlying revenue 🔹$30M+ in user deposits from 20,000+ unique paying users Notably, strong user retentivity was reflected in 1st week (71%) → 2nd week (51%) → 1st month (35%) All these reflects strong consumer confidence + usage where not surprisingly, it topped @base’s consumer app leaderboard by revenue in Q3. Out of all the metrics, the strongest signal here is retention where it reinforces one thing: distribution is real, not subsidised. ========== On The Horizontal Expansion Flywheel: The most compelling part of FootballDotfun isn’t just its performance to date, it’s the linearity of its expansion roadmap. Through a horizontal scaling approach, recent + upcoming expansions includes: 1. NFL already launched → $1.8M pre-sale, $2M day-1 volume 2. NBA coming Q1 2026 3. Cricket, F1, tennis, and others pending demand signals The expansion into globally recognised leagues with built-in fandom + new sports domains → Unlocks a massive, pre-existing global audience where benefit from external visibility, larger liquidity pools + stronger network effects. Football.Fun and LEGIONAs more leagues go live, you probably can expect each new market gets easier to bootstrap because distribution is already in place. And this is how valuation compounds with actual fundamentals. Finally, on monetising value accrual via $FUN. $FUN structured to route value back into the ecosystem, reinforcing usage, activity & long-term engagement. Going through the announced token utility, this is how I see: A strong product + strong retention + strong horizontal expansion + clear token value flows = a rare alignment in consumer crypto. In a market where most apps chase “adoption” through incentives, this is one of the few building on real demand w/ real money at stake. ========== On $FUN Sale Deeds on @legiondotcc: 🔸 Sale Window: Dec 16, 1PM UTC → Dec 18, 1PM UTC 🔸 FDV: $60M 🔸 Soft Cap Target: $3M 🔸 Terms: 50% unlocked at TGE w/ remaining 50% vested linearly over 6 months *Allocations will be finalised by Dec 20, 1PM UTC upon sale conclusion. Considering the value proposition + given terms, it looks fairly reasonable imo but as always, DYOR NFA twitter.com/0xCheeezzyyyy/stat...
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YashasEdu
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I wrote about my concerns on x402 in early November. Now V2 just dropped a few days ago and it fixed almost everything I was concerned about. So here's what has changed🧵 The major problem I thought V1 had was every single API call needed a full payment. I mean it works for one-off requests, but terrible for AI agents that need to make thousands of calls. The latency was killing it as the fees were stacked up. It was theoretically cool but practically broken for real agent workflows. V2 introduced wallet based session access i.e you prove wallet ownership once, then get reusable sessions without paying onchain for every request. This alone makes high frequency agent workflows actually sensible. But there's more... ‣ Multichain + fiat in one protocol ‣ Include dynamic routing as agents discover services + compare pricing + choose the cheapest option automatically ‣ Extensions that inject custom logic at transaction points (conditional payments, failure recovery) ‣ Services expose pricing and endpoints that agents can query and compare autonomously V1 did 100M+ transactions in 6 months. What changes with V2 is the entire use case. V1 was a payment protocol. V2 is infra for agent economies. Agents can now... ➣ Establish persistent relationships with services via sessions ➣ Discover services and compare pricing autonomously through metadata ➣ Operate across chains and legacy rails without custom integration logic ➣ Execute high-frequency workflows that were economically impossible before The session feature solved the scalability bottleneck. The discovery feature will lead true AI commerce. I was skeptical a month ago but now the core architectural flaw got addressed, IMO V2 will scale this further.
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