So, Metaverse Index is up 25% since I mentioned it last night. It trades as $MVI with Uniswap. Reason I bought in is because there’s tinfoil speculation that GameStop’s NFT will be part of it. Apart from the obvious connections given that they’re a gaming/tech focused index, there’s several coincidences involved:
1. This Accelerated Capital tweet that explores it ends with the tag line “Game on, anon.” : https://mobile.twitter.com/accel_capital/status/1379930517613682690?lang=en
2. That same phrase was in the hidden smart contract for GameStop’s token:
> This week, Redditors uncovered a minimalist site operated by GameStop that announces its intention to hire “exceptional engineers (solidity, react, python), designers, gamers, marketers, and community leaders” for a new project. The site also includes an Ethereum link and a hidden smart contract that says “Game On Anon.” (Link is protocol dot com. Google it as I think it may have filtered out my last post)
3. One of GameStop’s new board members Larry Cheng mentioning “The Metaverse” in this tweet:
> At the recommendation of one of my colleagues, watched Ready Player One on a flight last night to better imagine the metaverse. I wonder if it will be Jetsons-like in its predictiveness. Worth watching – fascinating Spielberg movie. (https://mobile.twitter.com/larryvc/status/1392493228864143360)
Larry could very well be talking about the Metaverse in general and not this Index. It’s more likely that that is true.
I’m also sure some of the jump in MVI’s value came from the speculative GameStop posts. But it actually sounds really interesting! I bought 2 tokens last night and feel like at worst, it’s a fascinating ETF-esque Crypto play and at best, in the most tinfoil of ways, it’s about to get insane Ape exposure.
THIS IS NOT FINANCIAL ADVICE. It’s a tinfoil hat theory at best and I literally just learned that you can even have a crypto index yesterday. Don’t listen to me
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