Summary of investment experience in 2024 from crypto KOL

Written by: NingNing

To summarize my personal 24 years of investment experience, it is to copy Dalio's all-weather investment rules and diversify the investment portfolio into every cycle that affects the crypto market (intra-year seasonal cycle, 4-year bull-bear cycle, Geithner technology innovation cycle, Merrill Lynch clock cycle), and follow Taleb's barbell strategy, focusing on allocating Alpha assets in the Bata track and Beta assets in the Alpha track.

So, now the Alpha assets in my portfolio are abstracted by chains,AI Agent, and PayFi projects. The addition of these assets helped my overall portfolio yield easily outperform the market in December. When rebalancing my portfolio at the end of the year to capture the 25-year Q1 Alpha return, I suddenly realized that my Alpha asset allocation logic was relatively simple, purely centered around the main line of "disruptive innovation" of technology.

Especially recently I heard from MegaETH co-founder Bing Xiong aboutCommunity After Vibe's remarks, I reflected on it while lying in bed in the dead of night.

In the field of crypto investment, there are actually two investment logics, one is the so-called technological determinism, and the other is that community is king.

Generally speaking, as a non-hypothetical rational person, I tend to regard things like community vibe and cult culture as noise created by big scammers and small fools for their own interests, and I don't like to pay much attention to them.

But recently, I bought the Fat Penguin NFT because I was optimistic about the consumer chain Abstract in the chain abstraction track. This allowed me to experience the community vibe for the first time as a stakeholder rather than a spectator. This experience made me feel the long-lost sense of social belonging and community acceptance. Inspired by Brother Bing’s views, I began to intentionally break through the original cognitive cocoon and try to understand projects with a strong community vibe, such as Monad, Sonic SVM, MegaETH, BeraChain, etc.

Sonic SVM is Sonic’s Solana L2 The first instance of the Stack architecture HyperGrid is positioned as Web3 TikTok Chain, and its target users are TikTok's millions of Generation Z game consumers.

此前，我为 Sonic 写过一篇投研长推（见转推），在写的时候盘主的「分拆盘」理论一直在我脑中浮现。坦率地讲，当时的我并没有意识到消费者链 / 社区 Vibe 这些叙事的真实价值，而从技术角度来看，Sonic 的 HyperGrid 虽然 make sense，但远没有 Preconf、Based Rollup、并行 EVM 等等这些新 L2 技术原语性感。

But half a year later, when we compare the operating status and community maturity of Sonic SVM with those L2s with sexy technical primitives, we will find that there is a huge gap in products and results between consumer-oriented construction and abstract Web3 Mass adoption.

The current Sonic SVM is building a TikTok App Layer - SonicX, which will airdrop its nativeToken $SONIC. Relying on Account Abstraction, TikTok users do not need to configure Web3 separately wallet, you can directly experience the on-chain interaction in the app and complete the airdrop claim on the TikTok side.

SonicX 通过 TikTok 高级广告及创作者合作，已吸引超 200 万用户在应用内参与游戏、挑战与直播，营造近似 Web2 的无缝体验。此外，Sonic SVM 计划在 http://SonicX.app 上接入更多游戏，逐步构建「TikTok Chain」生态，符合条件的用户可在空投期间获得代币奖励。

TikTok has 1.5 billion+ users worldwideXiaobai NavigationTelegram has 900 million users worldwide, but TikTok's user life cycle value is much higher than Telegram. The crazy hype of ChillGuy some time ago showed us the monetization potential of TikTok users. We don't seem to have to worry about the chaos like the Telegram applet before, which ultimately only exchanged precious crypto market liquidity for a large number of low-value junk users.

When I was working at a small crypto fund in 2023, a senior told me that one of the main themes of value investing is "go to big market". After completing 0-1 innovation, whoever can better occupy a larger market through rapid replication + strengthening the growth flywheel will be the final winner.Blockchain At a time when infra is already in oversupply, whoever can reach consumers faster and occupy more of their minds will be the Web3 Infra of the next era.

The article comes from the Internet:Summary of investment experience in 2024 from crypto KOL

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