- Digital Asset Investor
- ⌐◨-◨ Patey Naming Service
⌐◨-◨ Patey Naming Service
No longer patey.eth on X, investing in beehiiv, and bullish on Solana
Hey there 👋,
In this week’s newsletter:
Both beehiiv and Content at Scale hit $4M ARR (I invest in one of them)
Handshake decentralized SLDs launch
More good news for Solana payments
Richard Patey - @richardpatey
I was one of the first beta testers of Content at Scale back at the end of 2021 (mentioned in the first edition of my previous Alts Cafe newsletter) when it was initially a service, before the app was live.
The one-click AI-generated content platform officially launched last September, and within 12 months it’s reached an insane $4M ARR, as Justin McGill, the founder just tweeted:
🚀 1 YEAR IN, and what a journey! 🎉
From a $50k first month that started Sept 5th of last year to $4 million ARR 12 months later, it has been a wild ride.
It definitely helps when you're first to the market to do something. We were able to take full advantage of the… twitter.com/i/web/status/1…
— Justin McGill (@Jus10McGill)
Sep 5, 2023
Some big news for my role at @content_hackers and @ContentAtScale.
Here we go… to the MOON and beyond 🔥🚀 contenthacker.com/merger-story/twitter.com/i/web/status/1…
— Julia McCoy (@JuliaEMcCoy)
Aug 30, 2023
Julia talks about how the merger story happened here.
This is impressive, as I’ve known Justin for over a decade now, and tried but failed to get any equity in his business!
But I’m happy to say that I did recently succeed in investing into beehiiv who are at a similar level of ARR:
$4m ARR and accelerating @beehiiv 😎
14 months: $0 → $1m
3 months: $1m → $2m
2.5 months: $2m → $3m
2 months: $3m → $4m
— Tyler Denk 🐝 (@denk_tweets)
Aug 18, 2023
I’m so bullish on the team and so glad I made the switch from Substack when I did and have gone all in on beehiiv.
However, after buying my BoDoggos NFT (my PFP on X) which is on Solana (view collection on NFT Inspect) I really think it’s a far superior chain for NFTs.
And so I recently bought patey.sol from the Solana Naming Service (feel free to send $SOL tips there!) which I was rocking on X up until this weekend…
Handshake domains, which I first covered on Alts by Flippa back in March 2022 (and then more recently in this newsletter back in March 2023) just launched their decentralized second level domains (dSLDs) over at HNS.ID and I now own patey.hns.
Not only is this now redirecting to my previous ETH address (that patey.eth is pointing to), I can also set a Bitcoin address and DNS to a decentralized website:
Why is all of this important or better than the alternative web3 domains?
Well no-one can take your Handshake web3 domain away from you, as the actual TLDs are in the Handshake root zone:
Handshake domains are truly unstoppable
I just registered unstoppable.hns on @HNS_ID on @optimismFND so setting the profile, meta data, wallet and DNS etc is fast and super cheap
ft. @MattGarciaEth and @dotsats in the OP's comments
— patey.hns (@RichardPatey)
Sep 6, 2023
Below are the top 10 Handshake SLD sales from TheShake:
I’d not looked at this for six months and the .⌐◨-◨ at #5 was new to me.
It’s the Nouns Naming Service, part of the ‘Nouniverse’ as it puts it, where you can show your love for Nouns by buying your domain name on their .⌐◨-◨ TLD and wearing these ‘noggles’ on your X profile where you are rewarded with $NOGS coin!
If I didn’t have my own lazy/ Handshake TLD I’d be buying one of these!
First Disruption to Smartphones Since iPhone🤳
Tech Startup With Traction: Turn your phone from a cost to an income source. Intriguing idea, isn't it? This is why, we have our eyes on the launch of Mode Mobile’s Pre-IPO Offering. It’s the latest in a series of impressive raises among smartphone innovators, likely spurred by Apple’s recent $3+ trillion valuation.
Mode saw 150x revenue growth from 2019 to 2022, a leap that has made them one of America’s fastest growing companies. Mode is on a mission to disrupt the entire industry with their "EarnPhone," a budget smartphone that’s helped consumers earn and save $150M+ for activities like listening to music, playing games, and ... even charging their devices?!
Over 11,000 investors already acquired shares — and with only days remaining prior to their bonus tier closing, allocations are limited.
*Disclosure: Please read the offering circular at invest.modemobile.com. This is a paid advertisement for Mode Mobile’s Regulation CF Offering.
I recently covered how Solana payments are now integrated into the Shopify Checkout, and Solana has just had another massive win with Visa announcing it will expand its Stablecoin Settlement Pilot to the chain:
1/🏦Breaking: Visa Expands Stablecoin Settlement Pilot to Solana
@Visa is scaling their USDC settlement pilot to include the Solana blockchain, enabling enterprise-grade throughput at virtually no cost for Visa issuers and merchant acquirers on Solana.
— Solana (@solana)
Sep 5, 2023
Visa will be leveraging the Solana blockchain’s speed and low cost to power B2B merchant settlements.
Interested in reaching 5K+ subscribers with your message?
(Or know of a brand who could be a good fit?)
Disclaimer: Nothing in this email is financial advice and I am not a professional investment adviser. I send weekly updates on digital asset news and what I'm doing personally - consider it informational and for entertainment purposes only. ‘Sponsored By’ means ads provided by the sponsor. ‘Together With’ means native content that I write.