You're telling me there's a company in crypto with a real business generating tens of millions of dollars in revenue, selling non-exclusive data the company legally owns and has already paid its users for, meaning it can sell that same data again.
It's about to release V3 of the app, its biggest update so far, introducing new high-paying jobs that could allow people to make a living just by selling data to Kled.
And to access those jobs, users will need to rank up by uploading more data, or simply pay to boost their account tier and unlock higher-paying jobs faster.
That turns on an actual flywheel: 100% of those in-app purchases are used to buy back
$KLED.
Then they're expanding to Android, tapping into a massively larger user base and potentially bringing millions of new users into the app, practically multiplying the amount of data flowing into the network.
And you're telling me that company has raised $14M in total, with its latest seed round valuing it at $300M, without a major fund leading the round and while the business was basically pre-revenue.
And they're the first and only company crypto to actually align token holders and equity holders.(thanks to
@StreetFDN )
The Street SPV currently owns 5% of the company, can get exposure to future rounds up to 10%, and uses 100% of the trading fees generated by the token to keep buying equity.
At the current $300M private valuation, that 5% stake alone is worth $15M.
That's without even pricing in the fact that the token is liquid and tradable while the private equity is completely illiquid.
And you're punting absolute dogshit with zero product, zero revenue and zero underlying value at 50-100M, instead of buying
$KLED at $10M?
And you really consider yourself a crypto investor?