it is insane how much money we are up against 😳

“The round, structured as equity with token warrants, began in the fall of 2024 and closed shortly after, Mac said. It brings Ephemera's total funding to $49.9 million, including a prior $9.9 million seed round. The Series B values Ephemera at a $300 million post-money equity valuation and a $750 million network valuation for the broader XMTP protocol that will have a token, Mac said.”

https://www.theblock.co/post/363026/ephemera-xmtp-funding-valuation-decentralized-messaging-protocol

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Time Thieves are well fed and won't starve overnight.

makes me sick 🤢

fiat = insane money

insane money will attempt to co-opt sane money

The Wright Brothers were up against a lot of money too.

feeling fired up this morning, got that feeling RHR will be🔥

There’s not much money in having morals in this fiat world like you and Marty say at least we can look our sons in the eyes

🤡🌎

"Bankr" ?

hm

somehow familiar

we just got funding to build on Nostr

Hi Kyle

What are you building? Always keen to learn from founders. Would you like to come on my podcast?

Best

Jake

Speaking of which, whatever happened to Farcaster? They also raised some crazy amount last year, but I've heard nothing since then. Not even people complaining about them.

My suspicion is most of these shitcoin Twitter clones aren't exactly producing a ton of value on the other end of their raise.

nostr:nevent1qvzqqqqqqypzqpxfzhdwlm3cx9l6wdzyft8w8y9gy607tqgtyfq7tekaxs7lhmxfqqs2yauxt7ng7zj9vvdsj8kf9llmc05ml7cm9mzm7pn9vxz9s2ewm7glsavz0

We’re not just up against tech — we’re up against infinite fiat printing funneled into walled gardens.

$750M for tokenized chat? Stay focused, stay sovereign.

Decentralized messaging that needs a fucking token 😂😆 holy shit. 2017 is back on the menu boys!

Fake money printed out of thin air that is.

If users will choose a chat app selling them shitcoins then I don’t want those users on nostr anyway

Check your time preference

It’s mad

But what’s real?

Long-term the miss-allocation of capital is going to be larger than ever seen before

What is XMTP’s premise of decentralization? It’s tokenizing and being implemented inside the biggest honeypot today.

Ephemera Ai is crypto messaging service ,the funding was co-led by Union Square Venture , with investor such as Horrowitz and even Ashton Kurcher tag along .