1/ Did everyone have a good time at the Mitosis meetup? I brought an article that I hope you'll read after attending the Mitosis meetup! It's about the "Origins of @MitosisOrg" written by @Nobody_344_, a Mitosis user from abroad. For those who couldn't attend the meetup, it would be great to take a moment to read this article if you're interested in learning more about Mitosis. I'll start in a thread format below! @LukeAlwaysAwake @co_cobling @auz2or
📖 Nobody Knows - Ep. 1: The Origin of @MitosisOrg We yap, We engage, We meme. But how many of us truly know how Mitosis came to be? 💡 “What if liquidity could move?” That wasn’t just a question. It was a trigger - the birth of a movement. Let’s know what nobody knows- ------------------------------------------ ⚙️ The Brains Behind Mitosis 1️⃣ Luke (@LukeAlwaysAwake ) 🧬 Dropped out of college at 19 🧬 Worked across product, marketing, and Web2 startups 🧬Entered crypto in 2017, drawn by Uniswap, Yearn, and Curve 🧬Saw protocols as live economic experiments 🧬 Felt lectures were pointless when “the real frontier was unfolding on-chain” “Pretending lectures mattered while the real frontier was unfolding on-chain felt pointless… Uniswap, Curve, Yearn - they were live economic experiments. And I wanted in.” ~ Luke ----------------------------------------- 2️⃣ Jake (@Jake_on_me ) 🧬 2018: Began with ICO investments 🧬 2019: Failed staking idea at a Cosmos hackathon - learned timing is everything 🧬 Co-founded Keplr Wallet → now 2M+ users 🧬 Snuck into a VIP party to pitch VCs (Savage Hustle™) 🧬 Built tech at Anchor Protocol pre-Terra collapse 🧬 Rebounded post-crash and co-founded Mitosis 🧬 Built for the squad, not just the suits “Now building Mitosis to make cross-chain trading dummy easy - not just for whales.” .................................................................. 🤝 When They Teamed Up ➤ Luke and Jake met in 2017 and stayed in touch across various ventures. ➤ By late 2022, they began seriously collaborating on solving DeFi's biggest pain point: fragmented, idle capital. ➤ What started as a shared frustration evolved into a bold new thesis: “What if liquidity could move?” ➤ That question became the spark behind Mitosis - a programmable liquidity network for all. ............................................................................... 🛠️ How It All Started: Timeline & Milestones 📅 Late 2022 – 2023: Ideation ➤ Sketched out Mitosis to fix DeFi’s broken liquidity ➤ First tweet by late 2023 ➤ Whitepaper & Litepaper → Jan 2024 💰 May 2024: Seed Round ➤ $7M raised (Amber Group, CitizenX, etc.) ➤ Emphasis: Low raise to preserve community incentives ➤ Luke & Jake dropped out at 19, met years earlier 📈 Summer–Fall 2024: Events & Expansion ➤ Liquidity Summit in Seoul with Google Cloud ➤ Grassroots outreach: Vietnam, Twitter Spaces, story campaigns ➤ “Mitosis Town” onboarding + testnet education 🎮 Nov–Dec 2024: Game of MITO ➤ Gamified testnet with 300k users, 29M transactions ➤ $500M+ TVL across 5 chains ➤ Ecosystem-Owned Liquidity proven live 🎓 Early 2025: Education & Mainnet Prep ➤ Launch of Mitosis University ➤ Integrated Renzo (ezETH) and Babylon (BTC staking) ➤ Custom LPs, beta tests, and mainnet in sight ...................................................................... 🌐 Community & Partnerships 🫂 Community First ➤ “Vibes tribe” on Discord and X ➤ Luke’s “GM”s and direct engagement ➤ On-ground feedback loops (Vietnam Senseis!) 🤝 Strategic Alignments ➤ THEO (TradFi-crypto deals) ➤ Renzo + Babylon for yield infrastructure ➤ Hyperlane makes Mitosis the modular liquidity backbone ......................................................................... 💸 Funding & Vision 💼 Seed Round ➤ $7M raise - intentionally lean ➤ Protects token incentives for community 💱 Token & Road Ahead ➤ $MITO token after testnet (late 2024) ➤ CEX listing expected by Q3 2025 ➤ Community-first strategy > big VC dilution 🎯 The Goal To create a Programmable Liquidity Network that makes yield: ➤ Transparent ➤ Mobile ➤ Accessible to every contributor - big or small This is just the beginning. We’ll uncover what you know, what you don’t, and the things... Nobody Knows. 🧬 Hush took too much time researching, hope you guys will like it 🫶🫡
2/ The Brain Behind Mitosis - Luke (@LukeAlwaysAwake) 🧬 Dropped out of college at 19 and worked in product, marketing, and web 2.0 startups. 🧬 Entered the cryptocurrency space in 2017, drawn to Uniswap, YAM, and Curve. 🧬 Luke viewed protocols as "living economic experiments." 👀 Luke's Statements ➤ I felt that real frontiers are unfolding on-chain, and lectures seemed meaningless. ➤ I felt it was pointless for lectures to pretend to be important when the real frontier is unfolding on-chain. Uniswap, Curve, etc. were living economic experiments. And I wanted to participate.
3/ Mitosis Co-founder - Jake (@Jake_on_me) 🧬 Started with an ICO investment in 2018, and learned that timing is everything through the Cosmos hackathon in 2019. Since then, co-founded the Keplr wallet, which currently has over 2 million users, and sneaked into a VIP party to pitch Savage Hustle™ to VCs. 🧬 Built technology on the Anchor protocol before the Terra collapse. 🧬 Co-founded Mitosis after the Terra collapse. "Now we are building Mitosis not for whales, but to easily create cross-chain transaction stacks." - Jake's statement.
4/ 🤝 The reason Luke and Jake teamed up ➤ Luke and Jake met in 2017 and exchanged contacts at various venture companies. ➤ At the end of 2022, they began to collaborate in earnest to solve the biggest problem in DeFi: fragmented idle capital. ➤ An idea born from a shared frustration evolved into a bold new proposition: "What if liquidity could move?" ➤ This question became the spark for "Mitosis," a programmable liquidity network for everyone. @MitosisOrg
5/ 🛠️ The beginning of everything: Timeline and Milestones (1) 📅 Late 2022 ~ 2023: Idea ➤ Sketch of the Mitosis concept to solve liquidity issues in DeFi ➤ First tweet posted at the end of 2023 ➤ Whitepaper and lightpaper to be released in January 2024 💰 Seed round in May 2024 ➤ Raised $7 million (Amber Group, CitizenX, etc.) ➤ Emphasis: Minimal fundraising to preserve community incentives.
6/ 🛠️ The trigger for everything: Timeline and Milestones (2) 📈 Summer-Fall 2024: Events and Expansion ➤ Hosting the Liquidity Summit in Seoul with Google Cloud ➤ Grassroots support activities (Vietnam), Twitter Spaces, Story Campaigns ➤ Onboarding for "Mitosis Town" + Testnet Training ➤ November - December 2024: Launch of the Game of MITO campaign ➤ A gamified testnet with 300,000 real users and 29 million transactions ➤ Achieving over $500 million in TVL across 5 chains ➤ Live proof of ecosystem-owned liquidity
7/ 🛠️ The trigger for everything starting: Timeline and Milestones (3) 🎓 Early to mid-2025: Preparation for Education and Mainnet ➤ Launch of Mitosis University ➤ Integration with Renzo (ezETH) and Babylon (BTC Staking) ➤ Custom LP beta testing and Mainnet launch planned
8/ Mitosis Community & Partnerships @milky_way_zone (De-fi), @Morse_404 (Gaming & NFT), @Theo_Network (Vault Partners), @MorphLayer (Vault Partners), @hyperlane (Infrastructure), etc.
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