Update: May/June 2025: GigaBrain ($BRAIN)
- ◆April 2025 Update: https://www.bidclub.io/posts/cma2be0r30000yoo21c15kup1
- ◆Original Idea link: https://www.bidclub.io/posts/cm8o8ysbs000013rkxx83d458?invite=cm8o90jhx000313rkobl8o296
- ◆Product Development:
- ◆Key Highlights:
- ◆One-Click trade: live and running for last 30 days. Has generated 30M volume
- ◆Auto Trade (Beta): Fully automated trading agents on hyperliquid. 25 spots with max capital of $1000 got filled instantly
- ◆Roadmap: The team is a shipping machine and constantly iterates. (Full Changelog).
- ◆Key Highlights:
- ◆Agent Performance:
- ◆Test Fund II: Closed at 586% APR. Top 50 Vault by APR on Hyperliquid upon public announcement.
- ◆ACP Program: Part of virtual ACP program with their agents providing the technical analysis and sentiment analysis
- ◆Community Traction:
- ◆Alpha Community: Now 109 members (minimum holding: 1M tokens), controlling around 20% of circulating supply.
- ◆X is now at 8k users and this is all organic
- ◆Revenue Milestone: Clear revenue pathway established
- ◆One-click alpha signal trading on Hyperliquid- Generated ~ $15,000 in revenue
- ◆Performance fee-based Hyperliquid vaults~ Auto Trade is live
- ◆USDC Subscription Update: Original plans for 30-day terminal subscriptions are going to come post auto-trade and vaults getting stabilised, to align incentives and optimize growth.
- ◆Token Supply
- ◆Staking: Due to push by Virtuals on points being allocated to stakers of OG protocols, staking % is now up to 37%
- ◆Revenues directly support $BRAIN token buybacks, buyback done twice
- ◆Valuation: Token has done very well in the choppy markets also and is trading at 9.7Mn compared to 2.5Mn when the idea was initiated. Continue to believe that Gigabrain remains significantly undervalued relative to peers as the product has become significantly mature, revenues are getting steadier, no unlock pressures and rides the AI tailwind
Affiliate Disclosures
- •The author and/or others the author advises do not currently hold, or plan to initiate, an investment position in target.
- •The author does not hold an affiliated position with the target such as employment, directorship, or consultancy.
- •The author is not being compensated in any form by target in relation to this research.
- •To the best of the author's knowledge, the information provided here contains no material, non-public information. The accuracy of the information is the responsibility of the reader.
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