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.

Previously, I wrote a long investment research article for Sonic (see retweet), and the "split disk" theory of the owner kept coming to my mind when I was writing it. Frankly speaking, I didn't realize the true value of the consumer chain/community Vibe narrative at the time, and from a technical perspective, Sonic's HyperGrid makes sense, but it is far less advanced than new technologies such as Preconf, Based Rollup, and Parallel EVM. L2 Techno-primitives are sexy.

但时隔半年之后，再将 Sonic SVM 的运营状况和社区成熟度与那些有着性感技术原语的 L2 相对比，会发现面向消费者构建与抽象的 Web3 Mass adoption 之间在产品和结果上大如鸿沟的差异。

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.

Through TikTok's advanced advertising and creator collaboration, SonicX has attracted more than 2 million users to participate in games, challenges and live broadcasts in the app, creating a seamless experience similar to Web2. In addition, Sonic SVM plans to connect more games on http://SonicX.app and gradually build the "TikTok Chain" ecosystem. Eligible users can obtainTokenaward.

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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