Good businesses can be found in the most unlikely places. When people think of good investment records, they think of brand names like Tesla, Apple and Amazon, but you would be surprised how many investors build careers in niche industries like insurance brokers, autoparts and pharmaceutical services. It's often easier to generate returns from good businesses that people aren't speaking about constantly.
We believe token markets offer this type of opportunity with Telegram bots and Banana Gun in particular. Banana Gun is one of the best businesses in the entire onchain economy. It benefits from price-insensitive customers, valuable orderflow, and meaningful economies of scale. The front-end market is one of the largest in the onchain economy. Its fundamentals are often misunderstood so Banana Gun trades at a surprisingly cheap valuation relative to its core business fundamentals.
This article covers the five most important and least understood properties of Banana Gun as a business. Banana Gun has (i) a valuable customer base, (ii) a moat built on economies of scale, (iii) latent pricing power due to the quality of its orderflow, (iv) a larger market opportunity than commonly understood and (v) wonderful fundamentals.