Vance Spencer
@pythianism
Co-founder @hiframework. Tweets not financial advice. Views my own.
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Blackstone is farming electricity Why aren’t you? blackstone.com/news/press/bla…
Compute is the new collateral. Our latest article explains how GPU-backed credit positions work; covering valuation, insurability, and offtake modeling used for issuing GWRTs (GPU Warehouse Receipt Tokens).
Amazing!
Thanks @Cointelegraph and @VinceQuill for thoughtfully capturing our vision to decentralize the grid. Worth a read.
Very excited to announce @a16zcrypto $50M strategic investment in Jito! Time to accelerate BAM, our contributions to the core Solana protocol, and future products focused on making Solana the best execution layer in crypto.
📣🚨NEWS: @a16zcrypto has made a $50M strategic investment in Jito! With BAM live on mainnet, Jito's growing momentum across DeFi, and institutional adoption continuing to accelerate via JitoSol ETF's, things are just getting started. Accelerate Jito.
This is very constructive for $ETH
(We’re famous now, thank you!) At least he’s calling out the obvious, and a top concern for us as well. The real world moves slower than crypto! Expect more loans as we gear up next few weeks AI supply chain is nascent so takes time Also why we’ve hesitated raising caps
The AI-backed stablecoin reserves are 99.8% treasuries and two GPUs they bought on eBay. Party is Over.
San Francisco is the only Bay Area county where the supply of homes for sale is plummeting Not many homes listed for sale, at what is listed is going into contract very quickly. Precisely when people are all of a sudden very interested in buying in San Francisco, there is…
We’ve raised $75M to build the decentralized energy network powering the world’s most important commodity: electricity. This funding helps us move faster toward an electric grid that delivers what the old one no longer can: affordability, reliability, and abundant power.
Asking if Framework is a crypto fund is the same thing as asking if someone did internet in the 2000s or mobile in the 2010s Our ambitions cannot be contained to a single asset class or stage or thematic, the rise that many fudded is not a local phenomenon, we will use our…
1/ We just led a $75 million raise for @DaylightEnergy, a decentralized energy network that powers distributed solar + storage. We think Daylight can use DeFi to finance solar installs, reduce energy costs, and bring new yield on-chain. 🧵👇
Framework is going to systemically wrap important commodities in stablecoins and finance them Framework is ecstatic to lead the equity tranche of Daylights raise and make it possible to finance against battery and solar projects in the USA
We’ve raised $75M to build the decentralized energy network powering the world’s most important commodity: electricity. This funding helps us move faster toward an electric grid that delivers what the old one no longer can: affordability, reliability, and abundant power.
USD₮ peer-to-peer transfer volume is at an all-time high at over $374B per week, concentrated in high-inflation, high-remittance corridors. Plasma will expand these local cash-agent networks so trillions of digital dollars can be bought, sold and spent everywhere.
You'll see large banks like JPM trade with tech growth multiples once they rip out their internal systems and put them on ETH L1
'Following a spate of injuries from bear attacks in residential areas, a research team at Japan's Sophia University has developed an artificial intelligence (AI) system to predict the possibility of encountering a bear within a 1-square kilometer area'
AI system developed in Japan to predict bear encounters with over 60% precision mainichi.jp/english/articl…
Actually, he defined what the gold was, and became the minter of the gold CUDA as refinery, DGX as the oilfields, infiniband as railroads, compute hours as oil Modern day Rockefeller
Tokenization is having its breakout moment
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