Great thread on $MXYZ.
Since everyone is interested in WEB2 companies turned WEB3, $MXYZ seems like the next to follow the jellyjelly playbook... This thread will dig into the overlooked project that is building groundbreaking AI tech led by a world rebound founder who has built and scaled companies to over 100M active users and NASDAQ listings👇🤯
THE BACKSTORY 🤯
So i have been following @mobiledotxyz very closely since its soft launch over 35 days ago. This launch came shortly after $JMJ proved that WEB2 founders were welcome and encouraged to come and build on Solana.
This paired with a pro crypto administration, @realJeffreyP knew there would never be a better time to enter the Crypto world... Or so he thought. The exact same day MXYZ made its debut, we saw one of the largest liquidity extraction events ever, led by the $LIBRA rug! This sucked all liquidity from the markets, Specifically $MXYZ
Which in part caused a rapid decline from ~18M to the current MC of around ~230k.
Despite the unfortunate timing, the team has been locked in, and heads down building ever since, and has recently introduced a groundbreaking use case which will be imperative in the future of AI and robotics. Allow me to enlighten you 🫡
Lets start with @realJeffreyP The founder and CEO of MXYZ
JP is a technology entrepreneur. He built QP/MeetMe Corp., which became one of the top 20 social networks in United States history. As a former Nasdaq-traded company, QP/MeetMe Corp. achieved a peak market value of $400 million and amassed 40 million registered active users. Not so bad
The company was eventually sold to NuCom Group in a $500 million acquisition in March of 2020
This was just one of multiple impressive exits for JP, as you can see from his Wikipedia, he sold another company in 2001.
What he's building now with @mobiledotxyz
To understand the tech we must first understand the direction in which AI is headed, and why $MXYZ is positioning itself at the forefront. With AI improving daily, it is only a matter of time before everything we do will be intertwined with AI. From customer service to self driving cars and robots. AI will come in all forms, and we are quickly accelerating towards advanced robotics and autonomous operational AI (Cars, robots, ECT)
$MXYZ solves a BIG problem using their "datastructs". These datastructs combine precise spatial coordinates with layers of contextual meaning. In simple terms, they built the framework that feeds AI with precise data allowing them to understand and operate with the environment on a 3D level.
Think about it like this...
A drone is delivering you food but a tree branch is blocking the door, because the drone is utilizing MXYZ Datastructs it is able to maneuver around the branch or find its way to the back door in order to make the delivery. All without an operator!
This is just one of many examples, but you get the idea. At some point it will be imperative for all AI to implement this framework and $MXYZ will be the go to provider.
-Self driving cars
-Bartending robots
-Those little robo-vacuums that go around the house
If it operates in the real world, it will need this tech!
What i just covered is only the tip of the iceberg, on top of the expensive Domaine, and the 100k JP pledged towards development, give the WP a read, and go ask some questions for yourself. The team has been transparent since the beginning, and continues to build and deliver!
I'm beyond excited to see some partners begin to integrate this tech and show some sick demos.
Will $MXYZ follow the recent trend we've been seeing with WEB2 making its way over to WEB3?
$JMJ Up 900% from lows
$PVS Hit 18M 6 days after launch
$ACE $ESIM and many more all gaining serious attention
I have my bets placed on $MXYZ In my opinion the downside is limited while the upside is uncapped 🥂




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