3min chapter

Smart Friends cover image

#024 SquidDAO: Web3 Project Deep-Dive: Part Crypto Hedge Fund, Part NFT DAO. An Anonymous Conspiracy for Mutual Enrichment

Smart Friends

CHAPTER

The Price of Squid Is 80 % of Book Value, and the Assets Are in Eas

Ilinan: A squid is basely trading it like, 80 % of book value. If each were to go to 20 kin the next four years rightly unlocked for four years. In theory, without any of the revenue and any of the yield, the price of squid should be four x. And i think even yesterday, a big squid made an additional by,. You know, on top, you know, is already pretty large position, yes? So i guess that's, i can add on to that too. But another way of like building confidences, like, ha, look like i'm not leaving. I'm still buying."

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