Drew retweeted
You can now see exactly how NAV and NAV/AS are calculated on 01Resolved, including the treasury assets include and what accounts for adjusted supply.
As a reminder, NAV/AS represents the net asset value per token, calculated by dividing the DAO's total non-native token value divided by non-DAO controlled token supply.
To explore the breakdown, navigate to a project like @LasoFinance. Open the "Financials" tab and click "Breakdown" under Total NAV.
See the value of non-native assets included in NAV, alongside the native-token value excluded from the calculation.
For NAV/AS, click "Breakdown" to see whats included in Adjusted Supply.
For Laso, you can see Adjusted Supply is 10.06M after removing the FutarchyAMM, Meteora AMM, and Team Performance Package positions from the Total Supply of 29.99M LASO.
With Total NAV sitting at $897.01K, this brings NAV/AS to $0.0891, which at today's solana:LASocYgQAo8GfypSjedNQgLft8y8DVGg1kSqR3smeta price, means the token is trading at a ~17% premium.
Drew retweeted
One of the most interesting things about ownership coins is the cross-holdings.
About 1,000 wallets hold $5k+ in an ownership coin. ~11% hold $5k+ in two or more. Among wallets with $100k+, ~25% have ownership coin cross-holdings.
The top 10 largest cross-holders alone hold $22.2M in ownership coins.
We haven’t compared this to other capital formation platforms yet, but the pattern is that the bigger the investor, the more likely they back several ownership coins.
That’s very good for founders. Launch an ownership coin and you get access to a roster of well-funded investors already spreading capital across the ecosystem.
Data via the 01Resolved API/MCP.
Drew retweeted
Introducing @NimbusPrivacy, the privacy network powering Umbra.
Nimbus is a multi-chain privacy network powered by zero-knowledge proofs, built so any wallet, exchange or app can add private balances at the speed users expect.
Here's how it works. ↓
Drew retweeted
MetaDAO’s META-042 proposal is live in a decision market.
The proposal would end the Ownership Capital authorization from META-039, release its ~$2M USDC escrow, and move the funds to MetaDAO LLC. The USDC would sit in a separate Ecosystem Fund that invests in ownership coins and private instruments.
The proposal mentions the fund making investments between $50K-$150k in fundraises of $50K-$300K, with a focus on consumer apps.
The proposal also contains an exhibit with amendments to the MetaDAO LLC Operating Agreement
Market so far:
• Passing by: 6%
• Threshold: −3%
• Volume: $4.3K from 2 unique traders
Pass is comfortably ahead, but on thin volume. Trading closes on Oct 29 (approx. 16 hours from now).
Drew retweeted
Our new interactive price and NAV/AS chart lets you track how a token trades relative to its treasury backing over time.
Turn layers on or off to explore historical premiums and discounts, overlay decision markets, and project how future allowance draws could affect NAV per token.
Try it out on the 01Resolved platform and start analyzing completed launches across @MetaDAOProject and @Backabledotbiz.
The @TheInnerTable ($POKER) ICO closed on Oct 24 with $159.5k raised from 81 wallets.
Who backed it and what have they done since?
1. Mostly new money - 52 of 81 wallets (64%) had never joined an ICO before, and they brought $111k, 70% of the raise. The other 29 had backed earlier ICOs.
2. Distribution - 65% of wallets put in <$1k but supplied <6% of the raise. 13 wallets in the $5k–50k range supplied 74%, and 10 of those 13 were first timers.
3. Big backers are holding - All 13 still hold their full allocation two days into trading. One added about 23% more on the open market. Holders have grown from 86 to 95 in a day.
4. Ownership overlap - one $5k backer also holds roughly $175k across Credible, Omnipair, P2P, Avici, Umbra and Laso. Another holds about $190k of Umbra and Rip Cars.
Two days of trading $POKER is at $0.0126, up 13% in 24h but still 21% below the ICO price. That's also 21% below its NAV per adjusted token of $0.0160.
Data from @01Resolved API/MCP
Drew retweeted
Slowly slowly, and then all at once 🪄
In the last 30 days, @P2Pdotme has achieved:
▪️ 32.2K Total Users (+7%)
▪️ $6.2M Protocol Volume (+18%)
▪️ 857 Daily Active Users (+6%)
▪️ 48K Transactions (+10%)
Total Users have grown ~21% in 3 months. solana:P2PXup1ZvMpCDkJn3PQxtBYgxeCSfH39SFeurGSmeta currently trades at $0.40 vs $0.48 NAV per adjusted supply, a ~17% discount.
Track @p2pdotfound operating metrics and financials live on 01Resolved [see reply].
Drew retweeted
We're heading into the last week of October and Ownership Coins Briefing 023, your weekly recap covering financials, decision markets and project updates from the MetaDAO ecosystem and beyond, is now live.
Here’s what’s inside:
▪️ @01Resolved introduced new platform upgrades including Price vs. NAV/AS charts, operating metrics, e wallet intelligence, team performance package tracking, and more.
▪️ @JurassicFi completed its $600K acquisition of Deaton, a Triceratops fossil funded by TRCH1 holders.
▪️ @UmbraPrivacy holders approved increasing it's monthly spend to $150K. The team also introduced an SDK for its Nimbus privacy network.
▪️ @TheInnerTable completed its raise, accepting ~$159K from 81 backers to build physical poker studios in India.
▪️ @DRAWUPxyz attracted ~$348K in commitments against a $20K goal, roughly 17x its target.
▪️ @loyal_hq opened EarnMax to the public, with over $200K deposited against a $1M cap and a reported 7-day realized APY of ~16%.
▪️ @crediblefin reported $533M in Q3 payment volume, up ~51% from Q2, bringing cumulative payments to $1.5B.
▪️ @P2Pdotme reached 32.2K users and $6.2M in 30-day protocol volume, growing 7% and 18% respectively.
Plus updates from Solomon, Rip Cars, Omnipair, Orendal, LFOWN and more.
Drew retweeted
In the last 30 days, @P2Pdotme has achieved:
▪️ 32.2K Total Users (+7%)
▪️ $6.2M Protocol Volume (+18%)
▪️ 857 Daily Active Users (+6%)
▪️ 48K Transactions (+10%)
Total Users have grown ~21% in 3 months. solana:P2PXup1ZvMpCDkJn3PQxtBYgxeCSfH39SFeurGSmeta currently trades at $0.40 vs $0.48 NAV per adjusted supply, a ~17% discount.
Track @p2pdotfound operating metrics and financials live on 01Resolved [see reply].
Drew retweeted
one of the serious projects that is absolutely necessary if the industry is to be taken more seriously as a mature one. it will onboard the suits to onchain inshallah
Lots of new updates on @01Resolved and even more coming soon
Drew retweeted
Solid Q3 numbers from @crediblefin. $533M volume (+50.8% over Q2), expansion into new markets, and the callout for revenue and expense reporting via @01Resolved and OpenBooks is what stands out.
Clear financial visibility is one of the highest leverage initiatives an ownership coin team can undertake for its holders. We are excited for where Credible takes the business.
Our Q3 $CRED ownership coin report is here.
We put the numbers, ownership structure, treasury decisions, market performance and valuation analysis in one place.
Q3 brought $533.2M in payment volume and a 50.8% increase over Q2.
Q3 was a big quarter for Credible, now it’s time to look under the hood🧵
Big milestone! $100k+ and counting 📈
Funds are sent straight to a treasury controlled by solana:LASocYgQAo8GfypSjedNQgLft8y8DVGg1kSqR3smeta holders, and anyone can verify it live on @01Resolved
Laso Finance has surpassed $100k paid into the on-chain treasury!
Since July 7th, Laso has been leading the way by routing 100% of our revenue to our treasury controlled by solana:LASocYgQAo8GfypSjedNQgLft8y8DVGg1kSqR3smeta holders.
On-chain treasury can be tracked here: 01resolved.com/laso-finance/…
A night out in Bangkok isn’t complete without running into a pet monkey. Official request for the next @SuperteamTH office pet
Amazing resource thank you @0xSrMessi
Our thinking on where incentives fit in ownership coins has evolved. We think theres a real opportunity for issuers to experiment with ownership rewards tied to measurable commercial activity to fuel profitable growth
Ownership coins can use ownership as a growth incentive. Using @Avici as an example, we examine how teams could reward product use, referrals, and other contributions, and whether the additional profit generated exceeds the cost of the program
Drew retweeted
Introducing Business Profiles
Every project on @solana has a reputation, however, your thesis on a project used to live in your head, until today.
With Business Profiles, anyone can vouch for the ones they trust & slash the ones they don't.
Try it: fairscale.xyz/business
Landing in SG soon. Looking forward to meeting ownership coin enthusiasts and others building in onchain accounting + analytics. Feel free to DM if you'd like to connect
We'll be at @Token2049 and @SolanaSummitOrg in Singapore from October 5th to 9th.
Lets connect. Send @JJJWaves @Drew01R a DM or find us in the 01Resolved Telegram Community.
Drew retweeted
Rip Cars completed $925K in OTC sales, Omnipair crossed $1M in TVL, Solomon secured two new USDv integrations and Laso approved an increase to its monthly allowance.
Across the pond, DualMint's PLAY raise reached 89% of its target, and Umia announced its first launch.
Ownership Coins Briefing 020 is now live, covering the latest financials, decision markets and developments across the @MetaDAOProject ecosystem and beyond.
Here's what happened this week.
▪️ @ripcarsio completed five OTC deals totaling $925K and opened a new decision market seeking $250K for inventory purchases.
▪️ @omnipair crossed $1M in TVL and unveiled Dusk, introducing hedged LP vaults, spot margin and permissionless borrowing.
▪️ @solomon_labs added two USDv integrations, with OnRe allocating $1M and Oro adopting USDv to back GOLD.
▪️ @LasoFinance holders approved increasing the monthly allowance from $50K to $68.33K to hire a senior engineer.
▪️ @loyal_hq launched Earn on Google Play, bringing automated idle-USDC deployment to Android.
▪️ @P2Pdotme enabled USDC purchases with Venezuelan bolívares through Coco Wallet and Pago Móvil.
▪️ @DualMintRWA's PLAY raise has reached $202.4K from 95 investors, filling 89% of its $227.5K target.
▪️ @umia_finance announced @SlopCash as one of its first Cohort 1 projects, as UMIA surpassed $21M in trading volume and reached 1,380 holders.
Plus more. Read the full briefing [link in reply].
