PMDBT's profile picture. Co-Founder @lofty_ai, building the world's first real estate exchange, @AlphaArcade69, prediction market on Algorand, @keebsforall, custom mechanical keyboards

Jerry Chu 🍊

@PMDBT

Co-Founder @lofty_ai, building the world's first real estate exchange, @AlphaArcade69, prediction market on Algorand, @keebsforall, custom mechanical keyboards

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A quick recap of 2024 and what you can look forward to on @lofty_ai in 2025. 2024: - Launched our custom PMM for instant liquidity for individual properties. (Our sellers have been loving this so far and many of the pools were set up and seeded by our users!) - The launch of…


Days like today show that tokenized real estate might actually be one of the few assets uncorrelated with the rest of the market. Most crypto and stocks generally move in the same direction on news now.


Pretty big personal news today. Just officially became a US citizen on my wedding anniversary! This is a tough journey for many people, but I’m lucky that it was relatively straightforward for me thanks to my amazing wife :)

PMDBT's tweet image. Pretty big personal news today. Just officially became a US citizen on my wedding anniversary!

This is a tough journey for many people, but I’m lucky that it was relatively straightforward for me thanks to my amazing wife :)

A lot of @AlphaArcade69’s updates roll out on weekends because that’s usually when our team works on this

We just rolled out some performance updates - the website is now 10X faster, with markets loading instantly 🏎️🏎️🏎️🏎️ Thanks for your patience while things loaded a bit slower throughout this week! 🫡



This process is already paying dividends! In a pretty short amount of time, we've merged 6 PRs for stuff that the AI has found. Today we just merged our first bug fix that is actually user facing, which is pretty exciting. The rest of the PRs were for just random outdated code…

Wrote the following to our team at @lofty_ai yesterday. It was mostly inspired by all the questions and bug reports over email I've been seeing. So far, we've already merged and resolved three bugs. They were super easy fixes, mostly syntax and unused code. Nothing that…

PMDBT's tweet image. Wrote the following to our team at @lofty_ai yesterday. It was mostly inspired by all the questions and bug reports over email I've been seeing.

So far, we've already merged and resolved three bugs. They were super easy fixes, mostly syntax and unused code.

Nothing that…


Yes! And then make it so that: - one person doesn't have to buy the entire property. They can invest in different percentages in a given property. - Properties trade 24/7 with no downtime, available for US and international investors. - As a business, you don't own the…

Cc OPEN mgmt

ericjackson's tweet image. Cc OPEN mgmt


Wrote the following to our team at @lofty_ai yesterday. It was mostly inspired by all the questions and bug reports over email I've been seeing. So far, we've already merged and resolved three bugs. They were super easy fixes, mostly syntax and unused code. Nothing that…

PMDBT's tweet image. Wrote the following to our team at @lofty_ai yesterday. It was mostly inspired by all the questions and bug reports over email I've been seeing.

So far, we've already merged and resolved three bugs. They were super easy fixes, mostly syntax and unused code.

Nothing that…

It’s true! There was a time when we were pivoting from our old idea to what Lofty currently is. During this time, the old product still had 3-5k MRR organically. We did 0 sales, didn’t improve on the product, and did 0 marketing. When the new platform was launched, we had to go…

The market is so big that I think if you just take any idea and SERIOUSLY build + market it, you'll have a chance to get $5k/month on almost any idea.



This is the dream!

Gamma crossed $50M ARR with 28 employees and more cash in the bank than we had raised ($23M) In hindsight: We got here because we ignored common VC advice. Examples of glaringly bad advice that you should ignore to save you $10M+ and years of time, like we did for Gamma:

thisisgrantlee's tweet image. Gamma crossed $50M ARR with 28 employees and more cash in the bank than we had raised ($23M)

In hindsight: We got here because we ignored common VC advice.

Examples of glaringly bad advice that you should ignore to save you $10M+ and years of time, like we did for Gamma:


I said I would revisit this before, so here we are. Many companies are seeing their traffic referral from ChatGPT increase over time, as more and more people use the product and rely on its recommendations. Here is the last 12 months for @lofty_ai . The nominal numbers are…

PMDBT's tweet image. I said I would revisit this before, so here we are. Many companies are seeing their traffic referral from ChatGPT increase over time, as more and more people use the product and rely on its recommendations.

Here is the last 12 months for @lofty_ai . The nominal numbers are…

New property launch @lofty_ai - lofty.ai/property_deal/… Also a new market for us, both for state and city I think. It's in Macon, Georgia. Kind of crazy that for a real estate product, we don't have to do anything special to launch new markets. Someone just decides to list…


It's that time of the year again at @lofty_ai. As the kids say, it's time to lock in.

PMDBT's tweet image. It's that time of the year again at @lofty_ai. As the kids say, it's time to lock in.

This is exactly what we do at @lofty_ai, very close to $100M worth of real estate available for trading 24/7! Instant settlement for trading through market orders because we have our own market makers. We actually looked very closely at Harbor, their model and even spoke to some…

Someone reminded me of this 2018 interview with ⁦@DavidSacks⁩ About Harbor, a compliance protocol designed to standardize RWA tokenization and trading on the blockchain. David used real estate as an example asset class that can benefit from Harbor cnbc.com/2018/02/06/ex-…



Spoke to one of our sellers on @lofty_ai today and learned something interesting. We've previously had many DAOs refinance and there are even lenders that Lofty has relationships with now, where we can refer them to our users, because they understand how DAO LLCs work and are…


84 madison 86 madison 88 madison 90 madison These 4 properties are all located on the same street on the same block in upstate NY and they're all tokenized on @lofty_ai available for anyone to trade 24/7. There are still a few left on the block, but Lofty users are actively…

PMDBT's tweet image. 84 madison
86 madison
88 madison
90 madison

These 4 properties are all located on the same street on the same block in upstate NY and they're all tokenized on @lofty_ai available for anyone to trade 24/7.

There are still a few left on the block, but Lofty users are actively…

Testing out some new advertising materials for one of the sellers on @lofty_ai. The ones previously for 88 Madison have all been used up apparently. Waiting on a bit more data before we offer to roll this out free of charge to all sellers on the platform.

PMDBT's tweet image. Testing out some new advertising materials for one of the sellers on @lofty_ai. The ones previously for 88 Madison have all been used up apparently.

Waiting on a bit more data before we offer to roll this out free of charge to all sellers on the platform.

Sometimes it seems like the amount of ALPHA bought and sold is decreasing over time. But when you look at it closely, it’s just because the price of ALPHA is higher on average.

If you're holding $ALPHA, you're about to get airdropped $USDC from trading fees the past few days! 🫡 The other half of trading fees bought 54k $ALPHA which was then burned to reduce supply 🔥🔥🔥 burn txn: allo.info/tx/RQGF6BIOANW…



Yikes… we’re actually happy to see more companies get into the space always good to watch and see if we’ve missed anything. But come on, compete fairly, what’s with the scam stuff…?

Be careful, guys! 🚨 A new scam dApp just popped up: @AlgoRealEstate The app looks really well-made, but it's 100% FAKE. They ask you to connect your wallet to view properties, don't do it! DON'T CONNECT your wallet or your address will be rekeyed and drained instantly.

algerstmehn's tweet image. Be careful, guys! 🚨

A new scam dApp just popped up: @AlgoRealEstate 

The app looks really well-made, but it's 100% FAKE.

They ask you to connect your wallet to view properties, don't do it!

DON'T CONNECT your wallet or your address will be rekeyed and drained instantly.


lol see this - x.com/PMDBT/status/1… - if you're wondering why the numbers in the screenshot doesn't make sense!

We're going to test removing the "projected rental yield" from the UI and see how users like it. Previously it was only useful if the property was making cashflow, but the funds were diverted to replenish the operating reserve for the DAO that owns it. But we think there are…

PMDBT's tweet image. We're going to test removing the "projected rental yield" from the UI and see how users like it.

Previously it was only useful if the property was making cashflow, but the funds were diverted to replenish the operating reserve for the DAO that owns it.

But we think there are…


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