Ryojin 🇦🇺

the o1 thesis is starting to look a lot bigger than just being another good launchpad on @base . @o1_exchange has basically positioned itself where two things Base clearly wants more of are starting to meet: trenches activity and tokenized stocks. Base can bring NVDAc, AAPLc, GOOGLc etc onchain, but getting the assets there is only half the job. someone still has to get people trading them, building around them and actually creating liquidity. o1 already has its own token at size, Basecat became one of the bigger B20 launches, base:0xb200000000000000000000cfbdf64a8706a94a01 has grown into one of the main stock-meme names on Base, and all of this has happened pretty quickly. the product is also a lot more built out than the usual click button, deploy token launchpad. Uniswap v4 liquidity, stock-paired markets, locked LP, anti-snipe mechanics, vesting, referrals, terminal/aggregation etc. imo this matters more the further Base goes into tokenized equities. the launchpad that wins probably isn’t the one that creates the most coins. it’s the one that consistently turns new assets into liquidity, holders and volume while actually keeping people around. that’s why o1 is starting to feel pretty important to this side of Base. Coinbase can bring the stocks onchain. o1 is becoming one of the places people actually do something with them.

just a blue chip guy

every chain pushing tokenized stocks is going to end up with a runner around the narrative. BNB has MarsCoin. Robinhood Chain has AI. now Coinbase has brought tokenized stocks natively onto Base through B20, and I think $BLUECHIP is lining up perfectly for that role here. the bigger deal with tokenized stocks isn’t just buying NVDA from a wallet. it’s having equities live on the same rails as crypto, where they can trade 24/7, become liquidity, collateral, pairs and eventually get integrated across DeFi. @o1_exchange is already experimenting with that through stock-paired B20 launches, and BLUECHIP/NVDAc is still the cleanest pair I’ve seen. a meme called $BLUECHIP trading directly against NVIDIA. NVDA is the chip trade, one of the biggest blue-chip stocks in the world, and all of this is happening on Base. then somehow the community finds Cobie posting about “BlueChip” back in 2014. you couldn’t really ask for better organic lore. tokenized stocks on Base are still brand new and the ecosystem around them is only starting to form.

cobie found the bluechip on base

broker pitching one of his best clients “Michael, I’ve got something stupid for you. And before you hang up, stupid has made us a lot of money together. There’s a coin on Base called base:0xb200000000000000000000cfbdf64a8706a94a01 . It trades against NVDA. Yes, Nvidia. No, base:0xb200000000000000000000cfbdf64a8706a94a01 is not a stock. It’s a meme. … Exactly. That was my reaction. But think about it for two seconds. Everybody’s been talking about tokenized equities for years, and now the market finally gets them onchain… and what does crypto do? It puts a fucking meme on the other side. BLUECHIP/NVDA. You couldn’t manufacture a better ticker if you tried. And apparently the thing grew organically. No giant launch campaign, no army of suits explaining the thesis. People just found it. That’s usually when I start paying attention. … Michael? Yeah. I’ve heard enough too. Let’s buy the fucking thing.”