Amazingly well written article. And before I add a little anecdote from my POV as an early investor, let’s address the elephant in the room first: For a year, people have been whining that $CARDS isn’t accruing value. The team gave more than enough statements and hints on various podcasts and in their Discord, but today is the day: More than $4M worth of tokens have just been burnt. All of these came from the economic value they generated and took out of circulation, not any meaningless locked tokens from their treasury or team wallets. Even if the team can’t always shout it from the rooftops given the lack of regulatory clarity, they are committed to their token and its holders like almost no other team I’ve come across. The only difference is that they underpromise and overdeliver, something crypto degens simply aren’t used to. But let me also comment on this incredible year we’ve been through: I believed in this team almost from day 1, back when everyone just laughed at them for being a little Pokemon side hustle. They couldn’t even manage to close their preseed / seed round, because 99% of VCs didn’t get it and chose to chase the next shiny L1 instead. Driven by pure conviction and passion, the team decided to grind through the toughest market conditions anyway, funding the business out of their own pockets and working 24/7 for no salary. Fast forward to today: they are the category leader of an entirely new vertical they pioneered, have generated billions in GMV, and are one of the most profitable onchain businesses in the entire industry, driven by an amazing, loyal community of actual collectors. Without a doubt one of the best investments I’ve ever made in my almost 10 years in crypto. I can probably even say THE most comfortable hold I’ve ever had in my portfolio. The cherry on top is that we’re only just getting started. The last year might have been a crazy ride already, but people wildly underestimate what founders driven by solving real problems and genuine passion for what they do are capable of. This was never about the money. It’s about disrupting and creating an entirely new market category, and they won’t stop until they’ve achieved exactly that. Speaking with the team almost daily, let me tell you one thing: they are far from being tired and nowhere near losing their hunger. I’m even more excited for year 2 and what’s to come than I was for year 1. Incredibly proud of every single one of you @TuomHolmberg, @JoeMunnsHK, @bassbuddha, and all the chads who are less present here on the timeline while doing incredible work in the shadows. Time to prove the haters wrong all over again in the year to come.