Paired

So I'm looking at the $PAIRED LBP going on right now on @FjordFoundry, just for a couple reasons. It is @jkrdoc's first curation, and I have a lot of respect for him as a researcher. I haven't dug into the protocol too heavily yet, as there is quite a bit of math and moving parts in their mechanics. But he's got a pretty good eye for things, so that lends a lot of weight in my book. "But bro LBPs are just scams, it's all just exit liquidity for seed rounds and KOLs to dump on us, every chart is down only forever." That brings me to my second and more involved point. It is just about time for the revenge arc in the LBP cycle. What's that? You are new or out of the loop? You don't know how this game works? Ok, let's break it down. There are exactly 2 rules to follow in crypto. #1 BE EARLY #2 DON'T BE LATE People only want to buy a coin if they feel they are early. I'm not touching that token at $10 unless I think it can go to $100. So whether you are buying in a seed round, presale, launchpad, LBP, DEX liquidity, or CEX listing, you are only doing so because you think you are getting a good price. So is buying in the LBP buying early or buying late? Well, that depends on what part of the cycle we are in. 1. No attention, raises are small 2. Charts do well post LBP 3. People start to notice, desire to be early 4. Attention comes, raises grow larger and larger 5. Charts start to do poorly post LBP 6. People get mad, stop participating 7. Attention dwindles, raises are small 8. Can you guess what part comes next? If the pattern is that after LBP ends, price goes down, then buying the LBP is not being early. So people stop buying LBPs. So projects raise less money. So projects get fearful and stop launching LBPs. So people stop even looking at them. So the LBPs look dead and buying looks scary. This is where we are in the cycle, where you will see some outsized opportunities to be early. We have already seen some do this like $BLADE curated by @CryptoGrills. Remember $OLAS and $MOZ LBPs last summer? No. You don't. Because you weren't paying attention and buying them with us over in @TheeGHouse. They raised pennies, ($550k and $230k respectively). Then a few months later their charts went parabolic. Then people wondered how they could have bought them early. Then it kickstarted the whole cycle of interest in LBPs again. I have been playing these since last cycle when it was Copperlaunch. You think the $15 mill raise for $FJO is huge? You shoulda seen the doggy coin OHM fork that raised $60 mill last cycle (shout out to big brudda @0xSisyphus). It is the same thing over and over. If you think "LBPs are skem pls avoid" then you are either new or don't understand the dynamics at play. I'm not hard shilling you PAIRED. I haven't bought yet. I'm still reading their docs. But I'm giving you the framework in which to operate. Are you exit liquidity? The seed round was at $15 mill FDV. The launchpad was at $24 mill FDV. The current LBP price is $8.5 mill FDV. Circulating supply as far as I can tell will be 6% from LBP + 1% from seed + 0.8% from launchpad (assuming they don't do a clawback and refund) + small amount for liquidity deployment. There is no free money. You have to actually research what you are buying, and have the balls to buy it when others don't want it so that you can sell it when they do.