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What Farokh and Robbie talked about in this clip is the bear case for $PUMP streaming.
Fwiw, I spoke to Alon last week about his vision & it’s extremely compelling, but here’s the two sided perspective…
The bear thesis:
- no longevity
- can’t attract good creators & keep them
- too much spammy / scammy content
- brand risk for streamers
- creators lose interest and ditch their holders/fans
- why own a creator token vs owning pump longer term
The bull case:
- works for months, then a year
- gets some of the most famous streamers in the world
- buybacks 2-5x in size from here
- flips kick, then twitch
- token reaches mass market appeal
- becomes the “cool” place for high status streamers
- wealth effect creates viral marketing
What’d I miss???
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