
Investor💵 &Venture Partner @DeFianceCapital 🧙♂ Backer of @withvana @BasedOneX @pendle_fi @databricks
Singapore/HK/US/London
Joined May 2016
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just wanted to say thank you for everything you did that night. You already did an incredible job. The fact that you stayed up the entire night to rescue that many NFTs means a lot to a lot of people. Respect.
🐸AYCP_55 retweeted
🚨BREAKING:
PALMER LUCKEY MIGHT BE THE ONLY SILICON VALLEY BILLIONAIRE WILLING TO SAY THIS
HE SAYS BILLIONS WERE WASTED ON "CRYPTO ART" AND COPYCAT APPS INSTEAD OF SOLVING REAL PROBLEMS
"THE MARKET FORCED THEM TO CHANGE"
🐸AYCP_55 retweeted
Saw $BASED trending on @RobinhoodCrypto App 👀
告五人 Accusefive [ 癒合 Threads Of Me ] 接住篇 Official Music Video youtu.be/3O6LTk8Kct0?si=hKlV… 来自 @YouTube
🐸AYCP_55 retweeted
I am a Web3 Ambassador at World Liberty Financial.
There are 12 of us on the team page. 4 are named Trump. 3 are named Witkoff. The page calls us "the passionate minds shaping the future of finance."
600,000 wallets bought our memecoin. They lost $3.87 billion. The family collected $350 million in trading fees. It launched 3 days before the inauguration. 80% of the supply went to CIC Digital LLC and Fight Fight Fight LLC. I did not choose the names. I designed the allocation, the vesting, the timing, and the distance between the product and the President.
The distance is my best work.
I am the reason these events are unrelated.
World Liberty Financial sends 75 cents of every dollar to DT Marks DEFI LLC. That is the family entity. Zero capital contributed. Zero liability assumed. I wrote this into the Gold Paper. Page 14. The lawyers bound it in white leather. The binding cost more than the due diligence.
Justin Sun invested $75 million. He was facing SEC fraud charges. The SEC dropped the case. He is now our advisor. These events are unrelated.
Changpeng Zhao pleaded guilty to federal money laundering violations. He received a presidential pardon. The SEC dropped its lawsuit against his exchange the same week we listed our stablecoin. Then the exchange settled a $2 billion deal entirely in that stablecoin. These events are unrelated.
Arthur Hayes, Benjamin Delo, and Samuel Reed of BitMEX pleaded guilty to Bank Secrecy Act violations. All 3 received presidential pardons. Then the company itself was pardoned. $100 million in fines. Gone. An American first. These events are unrelated.
Sheikh Tahnoun of Abu Dhabi paid $500 million for a 49% stake that was never publicly disclosed. Then the administration approved semiconductor exports to his companies over national security objections. These events are unrelated.
Everything is unrelated. I track the unrelatedness on a dashboard I built. The dashboard has 7 columns now. I am proud of the dashboard.
On May 22nd, 220 people paid a combined $148 million to eat dinner with the America First president. Over half were foreign nationals. Justin Sun paid $18.5 million for the first seat. He visited the Executive Office Building the day before. I designed the seating chart. I put it on the Investor Confidence page. That page is doing well.
The team page lists 3 Witkoffs. All 3 are Co-Founders.
Steven Witkoff is the President's Middle East envoy. He testified as a character witness at the President's fraud trial.
His son Zach runs the crypto operation. His son Alex is also a Co-Founder. I have not been told what Alex co-founded.
The father runs the diplomacy. The sons run the platform. The family runs both. That is organizational efficiency.
Barron is 19. His title is Web3 Ambassador. The same as mine. Donald Jr. called the conflicts of interest "complete nonsense." Eric launched a Bitcoin mining company called American Bitcoin. America First. The mining partner is Hut 8. Hut 8 was founded in Canada. America First means the name.
On March 6th, the President signed Executive Order 14233 creating a Strategic Bitcoin Reserve. The order directs the government to hold Bitcoin. The President's family holds billions in Bitcoin. The executive order appreciates the President's assets by presidential decree. I did not write the executive order. I made sure it looked unrelated to the portfolio.
Trump Media put $2 billion of Bitcoin on its balance sheet. The ticker symbol is DJT. His initials. The press secretary said it is absurd to insinuate the President profits off the presidency. Forbes calculated his crypto holdings exceed the combined value of Mar-a-Lago and Trump Tower. I would call that absurd too. That is my job.
600,000 wallets bought in. 1 of them asked why she could not withdraw her funds. I told her the protocol was experiencing dynamic market conditions. She asked what that meant. I sent her the Gold Paper. She said she had read the Gold Paper. I muted her channel. Dynamic means the conditions change. The condition that changed was her access.
A congressman called us the world's most corrupt crypto startup operation. We put it on a coffee mug. Ironic merchandise. $45. The revenue split on the mug is also 75/25.
My own tokens vest on a different schedule. I wrote that schedule. That is not in the Gold Paper.
The memecoin funds the family. The family funds the platform. The platform funds the stablecoin. The stablecoin funds the deals. The deals require the pardons. The pardons free the partners. The partners fund the platform. The President signs the executive orders. The executive orders inflate the assets. The assets fund the family.
I am the reason these events are unrelated.
🐸AYCP_55 retweeted
It’s 3 hours since $BASED TGE.
We have done something unprecedented in the space. We launch a token on not just Hyperliquid. Within an hour of launch, Based was live across (in alphabetical order):
Binance Futures
Bybit Spot + Futures
Coinbase
Hyperliquid
Kraken
OKX Spot + Futures
We’ve shown that it is possible to launch on Hyperliquid while being listed across major CEXs globally.
In the last few hours, we have done $160M+ in perp volume and ~$70M across spot and DEX. This places BASED among the more actively traded assets in crypto right now, especially in these market conditions.
23.5% of tokens were airdropped to the Based community without vesting. All airdrops happened on Hyperliquid, delivered directly to users’ wallets on HyperCore. No claim rush. No network congestion. A clean distribution.
To date, 68M tokens are locked through the pre-TGE staking pool, representing ~30% of circulating supply.
As a team, we gave ourselves a mandate to airdrop to the community in less than a year from launching our SuperApp on @HyperliquidX. Why? Because our users deserve it. There are people who gave us excuses like “wait for more favourable market conditions.” We didn’t want to keep people waiting.
When it’s time to launch, it’s time to launch.
I’ve taken a personal interest in token design, first as a DeFi maxi in 2021 and later as a trader (which led me to discover Hyperliquid in 2023). They say “founders should not trade and focus on building.” That’s probably true in the tech world, but in crypto, the token is the core product. The token rallies communities and incentivises stakeholders. TGE is the best time to design a system that aligns the people you need to build a successful crypto protocol.
When it comes to airdrops, you have users who want to sell everything on day one, and people who want to hold and believe in the project. Others want to stay long-term through a pre-TGE staking pool. To date, 68M tokens have been locked, representing ~30% of the circulating supply.
The next part of design is liquidity. Tokens should be liquid and tradable in many places. That’s why we chose to launch on both Hyperliquid and multiple exchanges at the same time.
We’ve shown the world that it is possible to launch on Hyperliquid and also be listed on many CEXs globally.
The journey is not complete.
Now that distribution is done, we will focus on building Based into a full ecosystem — where projects launch, agents operate, and capital flows, all powered by one of crypto’s highest-value user bases: traders who trade big, spend big, and hold with conviction.
For those hearing about $BASED for the first time, our litepaper is here: litepaper.based.one/
For those who have received the BASED airdrop and chose to hold, my team and I thank you.
And for those who just bought BASED today, welcome to the @BasedOneX family.
I am done playing not to lose. It's time to play to win.
Stay Based.






















