Pat Yiu

@patyiutazza

283 Following

876 Followers

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We have a ton of media proposals in Nouns, but everything feels fragmented. The most a company should spend on media is 30% of their budget at early stages (30% of 1Y inflows in our case) with a reason to heavily increase acquisition of users and be ready to retain those users. We have very few DAO members that are even willing to retweet for existing proposals on their socials to show support of proposals that they voted YES on. We should take a step back and discuss based on our resource pool of contributors and holders, what are the 2-3 things that we can do amazing and experiment on something that everyone in the DAO is willing to back. To me, it seems like the general community likes nouns.camp / nounswap.wtf, we want to continue experimenting with flows, and we are still on warpcast. Maybe we should figure out how to consolidate efforts to these three things for 2025 and make something great instead of a dozen things good.

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The reason DeepSeek is better is because it's trained on Chinese where a single character can have 6+ meanings. "Better" language is more efficient. Massive drop in demand for H100/200s in comparison to 4090/5090s the past 30 days

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Have been in a bubble most of my life and have for the first time made it an active effort to understand other cultures at a deeper level. A few open and honest conversations with Russians, Israelis, Palestinians, and more and you start to realize how elitist we are as Americans.

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Products products products After a month in Asia, I think it's more important than ever for Nouns to be prioritizing super teams in markets that have huge populations to take Nouns further. Lower cost of living means proposals aren't as bloated relative to treasury and product sales at scale allow us to find recurring revenues to fund public goods initiatives while having local teams who understand their own markets better than we ever will. I see 2025 as us building those super teams and funding the best builders who already have existing distribution that can be accelerated through proposals

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Dropped into Preface for a few meetings in HK yesterday. Started as an edtech platform for enteprise, they have built a 20m usd/y business that combines coffee, project based blockchain coding camps for children, and an app for courses (they already have a full course on deepseek within a week) Partnered with LVMH, Google, Samsung, and others. Gave me similar feels to when I first saw speedrun ethereum on github. Good luck on the financing!

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New liquidity coming in from interesting* places. First harvest and new crops growing up. Large real estate plays, more AAA games studios, lot of waning industries moving 9fig+ capital onchain.

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Any nouns members in Tokyo this weekend? Would love to give some of these out and have people take photos around Japan this year

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Small thesis for sports the past two years that has become an SEC compliant ATS system for onchain securities launching next month. Earnings are capped by the odds for traditional sports betting, but certain sports allow for your to own a portion of the market. For instance, consider a horse valued at 300k with 10k shares available at an initial price of $7.50 a share. We own 20% of the total horse and 20% of the shares for the purse of that horse. If that horse races for a Grade 2 and wins, that's 400k, ownership group earns roughly 192k and the 20% ownership cut ends up being 38.4k or $3.07 a share. Winning two of these purses essentially covers my ownership of the horse. In contrast, if I bet on the same horse at 2:1 odds, I'd have to wager 49.6k to earn 19.2k and have the same potential return. Investing in the horse has provided me a long term asset appreciation that has lower risk than betting on the horse. Studding is where the long term value lies and selling the weenlings. Here's Love Tempo.

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Health is wealth, back online

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So many ways to have Peking duck, but nigiri style with caviar might take the cake

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On the eve of going back stateside, some thoughts of China 1. Excited to see China willing to work with SMEs and to see how much they've built domestically. There are blockchain apps doing 20m revenue that I've never even heard of 2. I believe Chinese studios with western tokenomics will win the onchain gaming market. Hard to compete with hundreds of devs and government stipends 3. Tiktok/Douyin is a cancer but maybe necessary as AI destroys a lot of roles over the next decade. 4. Mobile forward is so important. Wallet tech needs to feel like alipay before major adoption. Not just a wallet, a door into everything else. 5. Speculation is a feature but not a necessary feature. 6. IP is becoming tribal, memecoins are going to be very interesting over the next decade. Modern day cults.

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Today Nouns DAO became the first government approved DAO in China in direct partnership with the Chinese government. Over the next year, China will provide access for our team to advise and implement the future of China's blockchain legislature. I am excited to bridge the gap for China and am thankful for support from 王野霏, chairman of the Capital Copyright Association. Thank you to everyone at Nouns I've met this year, this still feels like a dream to me and I can't wait for us to be able to use government channels to proliferate our mission

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Spent the morning chatting about my vision of Nouns in China with Premier Zhao's second in command, 黄剑平. I got to learn about how he brought Levi's and Cocacola to China while brokering a bilateral trade deal with the Bush administration. Lot of plans starting with an announcement on Wednesday 😉

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Cool to see Matcha x Linea swaps using a smash theme from @arjunebug for the announcement

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Spent some time with the Disney Lorcana community during their regional championships and had great fun trading nounish swag for Lorcana swag!

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Impact investment can happen in AI too. Caught up with https://www.curie.co/ today who has had an allstar run after being mentioned by StockX and Tim Cook at WWDC and they focus on one thing, turning images into 3D models using high accuracy. Before them, 3d product rendering was a manual process that was outdated. In numbers -> 1B products x manual effort = $20T in cost to bring to 3D They've been building their systems and on year three have reduced the cost of rendering from $200 in Year 0 to $0.20 with an ultimate goal of $0.002 per product by Year 5. What is the impact of this in numbers? Early data through partners like StockX, Walmart, and Meta show that at scale (3B products), reducing the return rate with better 3D showrooms could reduce up to 2 Billion pounds of waste. Investors have the potential of an exit (acquisition most likely in this case by an ecom giant) but can also feel good knowing this could have a significant impact on the negatives that fast fashion brought in.

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October releases of Cando have been so funny. Really glad they're it's starting to find its fit with an audience

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Fully off memes for the near future outside of my own launches the next month. Learned a lot this year through Sam for base and Peter for solana. Market shifting and innovations in stables is more exciting and less risk. Esports needs a few products to funnel money for my dream of owning a league team.

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Voter atrophy comes from not making governance enjoyable enough to spend your time. That's the beauty of a DAO. Having to spend 4 hours in a call to hear a few proposals is too much time for most people, especially on a weekday. Agreed that voter participation is important, but that's a separate issue to the DUNA imo.

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