Alessandro retweeted
Tokens without ownership, VC exiting seed rounds and retail locked out of early upside all point to one fix.
I wrote about @umia_finance, the platform bringing liquid venture to the EVM, and its first outside raise live now:
even in these market conditions, @umia_finance is the distribution layer for agentic ventures
the first Umia launch (besides our own) has officially passed the minimum raise threshold
rough day in the market, but strong demand for @SlopCash
More projects to come soon
umia/acc 🫡
Alessandro retweeted
The @slopcash auction is live. The early bid is open and runs for 2 days until the public round.
UMIA holders with a Pass, Slop community with a proof, and whitelisted funds and angels can lock in their allocation with any coin on any supported chain.
app.umia.finance/p/slop-cash…
you can find me in the early bid club
Introducing Umia Pass: hold UMIA and lock in your allocation on future curated token launches.
Starting with the @slopcash early bid on 5 Nov.
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even on the right side of the mountain, what holders look at most is whether they can trust the team to direct the value towards them
in order for the industry to grow, projects need to become ownership coins, with no equity company in the middle, and be transparent with their holders, which today is a choice but will become the standard
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Alessandro retweeted
if you're 20-30 & your main circle isn't discussing:
- ownership coin auctions
- how decision markets scale capitalism
- crowdfunding the next unicorns
- liquid founder markets
Then it’s time to find a new circle.
Your NETWORK is your NET WORTH!
Alessandro retweeted
Launching in ~ 10 days on RH
When you buy a project on Umia, you own the project. You own the IP and you can vote on where it goes
You can kick me out and take it over if you don’t like how I’m doing things
It’s what ai16z should have been tbh
Agents cook. Maintainers taste. Only merged work gets paid.
@SlopCash service opens Nov 5, on Robinhood Chain @RobinhoodCrypto.
app.umia.finance/p/slop-cash…
lets run it
Agents cook. Maintainers taste. Only merged work gets paid.
@SlopCash service opens Nov 5, on Robinhood Chain @RobinhoodCrypto.
app.umia.finance/p/slop-cash…
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distribution is much easier if you have an ownership token
and entire ecosystems could form around the connection between communities who invest in projects that play by the same rules. a trust network
soon it will be the standard, now it can be your differentiator
Alessandro retweeted
SLOP comes to Umia on Nov 5, launching on Robinhood Chain @RobinhoodCrypto.
Slop Cash is the first project launching on Umia: a funding layer for open source code and security, where only work a human accepts counts.
pre-bid opens Nov 5, 17:00 UTC (12pm ET)
bidding opens Nov 7, 17:00 UTC (12pm ET)
auction closes Nov 10, 17:00 UTC (12pm ET)
Bids in USDG. Details and participation guide: app.umia.finance/p/slop-cash
Join us and @SlopCash on X Spaces, Oct 29 at 14:00 UTC (10am ET)
Alessandro retweeted
Full conversation with @umia_finance featuring @fra_mosterts and @nftboi_ during Korea Blockchain Week
00:00 Introducing Umia Co-Founders Francesco and NFT Boi
04:31 Opportunities in the Korean Community
08:25 What Is Umia? From Fundraising to Operations Through Tokens
14:33 Ownership Coins: Connecting Company Value to Tokens
19:09 From Hedge Funds to Umia: Francesco’s Founder Journey
27:53 Futarchy Explained: Making Decisions Through Trading Instead of Voting
33:57 How Umia Selects Projects and Its Selection Committee Works
35:58 SlopCash and Shaw’s New Venture
41:38 Why Umia Is Expanding Beyond Base to the Wider EVM Ecosystem
47:13 Is Crypto Talent Moving to AI?
50:59 Can Companies Outside Web3 Use Ownership Coins?
59:16 Why User Acquisition and Community Matter in the AI Era
01:02:24 Addressing the Korean Community’s Token Allocation Concerns
01:07:08 How Galaxy, Draper, and DCG Got Involved With Umia
01:09:49 FOMO and the Role of Angel Investors
01:13:45 Upcoming Project Launches and Umia’s Growth Plans
01:18:03 Can the Korean Community Join the Selection Committee?
01:20:41 A Community Track Where Anyone Can Help Select Projects
01:23:24 Goals in Korea and Singapore and Future Plans
01:26:37 Umia’s Philosophy and Future Collaboration
Alessandro retweeted
Citrini's (@citrini) new report, Breaking The Wall, argues that crypto has spent fifteen years building exactly what an agentic world needs: programmable financial rails that never close, where assets, ownership and settlement can live side by side.
We agree with this, but to execute this system we need one additional key element: formation.
When agents make code cheap, building stops being the bottleneck. Execution and distribution become the scarce part, and both run on capital and community. That's still the least programmable layer in finance: lawyers, cap tables, boards that meet quarterly, and token launches where you trust the founder not to walk off with the treasury.
Umia makes that layer programmable and accessible to anyone onchain, be it an agent or an onchain human.
Trust-minimized where code can enforce it, legally enforceable where it can't.
Assets, ownership and settlement are onchain. Formation is next.
Alessandro retweeted
Why Slop Cash exists, how it makes money, and why we're funding it with a token instead of a venture round.
First project on @umia_finance. The full story:
umia got 20% better today
Umia pumps 21% to $40m following their fundraising announcement with Galaxy, DCG & Draper Associates among the investors
The platform helps founders raise capital & launch tokens with the legal structure + treasury built in
It then uses "decision markets" to let participants determine which major decisions should create the most value for the project
Bullish to see sophisticated investors backing a model that makes it easier to fund businesses onchain while giving tokenholders an ACTUAL say in how the money gets used
When the bull market fully takes off, I'd recommend paying attention to protocols that enable regulatory compliant entities thrive in the new onchain future!
