@Chasneed_

Short term attention economist | Director of Venture Capital @OregonBlock

Joined January 2025
Economics 📉 Analyst Nick Sakys is betting NO on September CPI landing at exactly 3.6%. His thesis: the bucket is too narrow, forecasts are too uncertain, and the market is overpaying for precision. Entry: 53¢
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Tokenized Pokémon cards
Pitch Spotlight: Collector Crypt ($CARDS) Presented by Charlie Sneed, Carsen Luna, and Miles Miller. Trading cards are a $19.7B market, but buying and selling physical cards is still slow and built on trust. Collector Crypt vaults graded cards on Solana and mints each one as an NFT you can trade instantly, rip in a gacha pack, or redeem for the real card. Full pitch and fund report at the link in bio. Shoutout to Charlie (@Chasneed_), Carsen, and Miles (@miles_mil52387) for a well-researched pitch!
There's a new version of this post
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We will proliferate Blockworks data with the youth
Last night OBG pitched @Collector_Crypt's $CARDS during our open meeting. Our call: BUY. Real-world collectibles onchain, real revenue, and a dope team leading it. Bullish⚡️
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Collector Crypt is an obvious buy: 1) Collector Crypt sits at the center of a massive, growing industry. Over the last two years, on-chain protocols have captured more than 10% of that market 2) It’s a leading protocol in the TCG sector. Leaders in every other sector trade at a 10x+ premium, while Collector Crypt is currently trading at just 3.5x 3) Massive catalysts are coming, and only the Oregon Blockchain Group knows about them… shhh🤫
Last night OBG pitched @Collector_Crypt's $CARDS during our open meeting. Our call: BUY. Real-world collectibles onchain, real revenue, and a dope team leading it. Bullish⚡️
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This Week in Crypto, presented by Charlie Sneed! @Chasneed_
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Week 1 open meeting for @oregonblock 75+ people, crypto is coming to universities
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Starting the year off strong with @oregonblock
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Charles retweeted
most people will take this as a hyperbole, but Ansem is right on the money here 10 months ago I was just a kid living the “conventional life path” my parents instilled in me > go to college > get a job at a corporation > have a family > work for 40 years > retire at the time i was making $90,000 a year at a job that was considered above average to my peers The fact that, no matter how hard I worked at my job, my reward would still be limited by my age and seniority was incredibly daunting to me one night at a DormDAO dinner, @zackrosenblatt_ was giving his yearly speech thanking everyone for coming. something he said particularly stood out to me while acknowledging the accomplishments of the people in the room, he said: “i love crypto because it doesn’t have that ageist BS that traditional finance has. if you’re good at what you do, you will be recognized and rewarded for it. this industry is the closest thing we have to a true meritocracy.” that stuck with me 2 months after that speech i took what i thought was the biggest risk in my life and handed in my resignation with just the power of an internet connection & an iPhone, im now expecting to make more than $1,000,000 this year if i decided to stay the corporate track and not bet on myself, it might’ve been 20 years until i saw that kind of success, if ever the feeling still feels surreal to me i hope that in the future i can encourage others to take a chance on improving their life the same way i did wifi & an iPhone man, it’s really all you need
you do not need anything else other than an internet connection & an iphone to make $1,000,000+ over the next 12 months tokenization supercycle + 24/7 perps + social trading emerging seriously for the first time as a global metagame is going to give insane opportunities to those terminally online that learn how to trade attention & virality
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solana:5UUH9RTDiSpq6HKS6bp4NdU9PNJpXRXuiw6ShBTBhgH2 is the #1 trending NFT collection, ahead of Bored Apes and CryptoPunks.
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Feels good supporting teams that are putting 100% of their effort into the right things and growing the community the right way. Happy that some of the boys and I got to talk to @TuomHolmberg about where Collector Crypt is headed. We can proudly say we’re backing them to the max!
Records are meant to be broken. Last week, a 1st Edition Shadowless Charizard sold for $600,000 on Collector Crypt. Today, another sold for $825,000. The largest tokenized TCG sale in history. Again. The future of collecting is happening onchain.
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122,184 people sent @jackbutcher $8 through X Money totaling $977,472 in less than 24 hours, beast
all credits now issued any credit without a properly assigned recipient can be checked below jack.art/creditcheck
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FWA
latest V2 stats: 25,000 purchases 2,000Ξ volume 2,800 NFTs in pool, backed by 700Ξ 18% of purchases keeping NFT 10 CryptoPunks Saving Ethereum Fake World Assets
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Been thinking about what @meta_rylan and @davernandez have been saying about GEODNET, and I think it’s true. Extremely undervalued when you look at its revenue, burns, and other tokenomics. But to be honest, I’m just not in support of the DePIN narrative right now When it comes to blockchain, DePIN seems to be at the bottom of the priority list. I feel like so many more innovations within blockchain need to be widely adopted before DePIN projects receive the attention they deserve Before I bid on DePIN projects, my focus is more on DeFi, DONs, on-chain RWAs,  and a couple of other areas before thinking about DePIN long-term Based on the metrics, though, I could easily be convinced that GEODNET is a good investment
The winning crypto narratives have centered around bringing digital financial assets on-chain (e.g. equities, options, credit cards, AI privacy). Naturally, I believe another narrative will come back into focus: rewarding users for bringing physical infrastructure on-chain. The DePIN sector was once crypto's darling, and while the sector has seen a structural decline, growing demand for robotics, drones, and physical AI infrastructure could bring renewed mindshare to the category. Within this theme, solana:7JA5eZdCzztSfQbJvS8aVVxMFfd81Rs9VvwnocV1mKHu could be the protocol that revitalizes DePIN. It rewards users for deploying RTK base stations, which provide correction data for satellite positioning signals. This allows drones, robotics, and autonomous vehicles to pinpoint their location and operate with centimeter-level accuracy rather than meter-level. Geodnet also checks the boxes of being both revenue-generating and value-accruing. It has been the second-highest revenue-generating DePIN protocol the past 30 days, with ~$10.6M ARR (10.5x FDV/R), ~80% of revenue going toward buybacks, and weekly issuance offset by burns increasing from 37% to 95%+ YoY. It has deployed 21,700+ base stations across 170+ countries, with the United States representing its largest market, where the buildout of physical AI infrastructure should continue to accelerate. This is not a recommendation to full-port, but if you believe in the exponential growth story of drones, robotics, autonomous vehicles, etc., that DePIN can once again become the “cool tech” powering this growth, and that investors will further prioritize traceable fundamentals and value accruing to tokenholders, it is worth paying attention to in case it catches on.
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got me tempted though seeing how mis priced it seems
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nvm no need to listen to me
With all the excitement around tokenized equities over the past couple of months, I’m leaning bearish on Backpack (solana:BPxxfRCXkUVhig4HS1Lh7kZqV6SPJhzfEk4x6fVBjPCy), especially with the token up ~30% this month Backpack currently has a $146M circulating market cap against approximately $32M in tokenized equities, representing a 4.6x multiple and its $582M FDV represents an 18.4x multiple. Meanwhile, Ondo (ethereum:0xfaba6f8e4a5e8ab82f62fe7c39859fa577269be3), which I’m bullish on, has a $2.1B circulating market cap against roughly $850M in tokenized equities, representing a 2.5× multiple and its $4.3B FDV represents a 5.0× multiple. Backpack is trading at the premium here, but I believe Ondo should have that premium given its greater RWA scale, broader distribution, stronger regulatory positioning, and more developed infrastructure, etc, etc, etc Thesis: long ethereum:0xfaba6f8e4a5e8ab82f62fe7c39859fa577269be3, short solana:BPxxfRCXkUVhig4HS1Lh7kZqV6SPJhzfEk4x6fVBjPCy
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Confidential NEAR Intents are just 10% away from surpassing public intents. Curious to see what this will do for privacy perps as adoption grows within the Hyperliquid community.
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If you’re bullish on tokenized stocks moving onchain, pick a chain and bid one of these four tokens: Aerodrome issues 90% of the tokens on Base Raydium issues 90% of the tokens on Solana PancakeSwap issues 90% of the tokens on BNB Chain Uniswap issues 90% of the tokens almost everywhere else
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With all the excitement around tokenized equities over the past couple of months, I’m leaning bearish on Backpack (solana:BPxxfRCXkUVhig4HS1Lh7kZqV6SPJhzfEk4x6fVBjPCy), especially with the token up ~30% this month Backpack currently has a $146M circulating market cap against approximately $32M in tokenized equities, representing a 4.6x multiple and its $582M FDV represents an 18.4x multiple. Meanwhile, Ondo (ethereum:0xfaba6f8e4a5e8ab82f62fe7c39859fa577269be3), which I’m bullish on, has a $2.1B circulating market cap against roughly $850M in tokenized equities, representing a 2.5× multiple and its $4.3B FDV represents a 5.0× multiple. Backpack is trading at the premium here, but I believe Ondo should have that premium given its greater RWA scale, broader distribution, stronger regulatory positioning, and more developed infrastructure, etc, etc, etc Thesis: long ethereum:0xfaba6f8e4a5e8ab82f62fe7c39859fa577269be3, short solana:BPxxfRCXkUVhig4HS1Lh7kZqV6SPJhzfEk4x6fVBjPCy
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This is horrible, @nickshirleyy please provide the location name & address so I can go check this out and help shut them down!!!!
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near just woke up, trading at $3.50, ATH $20
Wow. NEAR intents is gobbling up TVL. If you haven't tried it in a while, check out near.com for x-chain trading. Supports perps on HL, multi-chain memecoins, equities. All confidential, non-custodial. The product has gotten really, really good. (We own $NEAR)
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