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Seb

@W8M8

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CEO @springdotnet . Helping 100s of crypto companies with managing their token sale and token distributions πŸš€

Oslo, Norway
Joined April 2009
Don't wanna be here? Send us removal request.
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@W8M8
Seb
1 month
πŸš€ Revolutionizing project & VC management: @springdotnet From token distribution to fundraising, we're the all-in-one solution trusted by 100+ companies including Animoca and Ronin πŸ”₯ Ready to streamline your operations? Visit to apply for access today!
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@W8M8
Seb
2 years
Investment communities will disrupt traditional VCs. And they're closing in faster than people realize. I dived into what the 6 remaining challenges are πŸ‘‡
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@W8M8
Seb
2 years
πŸ‘‹we founded @presailcom to eliminate the operational pain of having and trying to scale a community-led VC. That means you no longer have to use Spreadsheets, Google Forms, blockchain explorers, Disperse, support channels, or OTC spreadsheets for hours on end.
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@W8M8
Seb
2 years
@alexisohanian The guy was SBF.
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@W8M8
Seb
2 years
In Q1 we’re launching what’s been our secret project 🀫 An OTC marketplace. You will be able to trade, list and sell your allocation to other members 🎁
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@W8M8
Seb
2 years
The community-led VC movement is maturing a lot faster than people realize. 1. We have customers now who get into the same rounds with A16Z, Paradigm, and Accel. 2. When we launched Presail KYC a year ago, people hated it. Now, most use it. It's happening. One step at a time.
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@W8M8
Seb
2 years
Jeez @avlok the new @AngelList design is πŸ”₯
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@W8M8
Seb
2 years
Excited to aid Castrum in the work they are doing to give ordinary people in Turkey access to the private market πŸ“ˆπŸ‚
@castrumistanbul
Castrum Istanbul
2 years
Castrum is happy to announce the partnership with @presailcom , and hopes this collaboration will open new gates for both! Presail automatically reconciles every investor, project, sheet, and form - eliminating tons of manual work for investment communities. #Crypto #Blockchain
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@W8M8
Seb
2 years
In 2021 83.4K tokens rug pulled. In 2022 113.6K tokens rug pulled. Over 1.9 million investors have lost money to token scams. Presail will take an opinionated and strong position to combat this. How? With what we're launching next year, it will become much more apparent.
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@W8M8
Seb
2 years
me: "we've closed our new round" rest of Presail: "cool. So about that pull request…"
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@W8M8
Seb
2 years
Merry Christmas, everyone πŸŽ„
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@W8M8
Seb
2 years
If you invested in every presale on Coinlist, even in this market, you're up 254%. Yet 99.6% of the crypto space has no idea pre-sales exist.
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@W8M8
Seb
2 years
Excited about the future of @Cryptopia_ytube ! Had a great chat with them today on the future of pre-sales, and where the space is going. Bullish πŸ”₯
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@W8M8
Seb
2 years
Comparison of what founders look for vs. what VCs think founders look for 🧐 This is extremely bullish for investment communities as they don't rely on LPs, and can target vision and niches more effectively than classic VCs.
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@W8M8
Seb
2 years
In 2022 we built the foundation, in 2023 we'll blow your mind 🫑
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@W8M8
Seb
2 years
There is a lack of good information on how to access the presale space. If you Google it, you're told to "become an influencer" or "hang out in elite communities." Okay, I'll just get 100,000 followers and call Vitalik about his next dinner party. Thanks.
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@W8M8
Seb
2 years
Why stocks and bonds are moving to the blockchain: 1. clear insight into beneficiaries 2. public and verifiable cap table 3. ESOP will actually work
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@W8M8
Seb
1 month
Have you ever wondered why the price of a token typically goes down on listing? πŸ‘‡
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@W8M8
Seb
2 years
40.91% of the investment groups we surveyed don't allow OTC. Why? The overall complexity and the time-consuming process of having to deal with it We're solving that with our new features next year 🫑
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@W8M8
Seb
2 years
The investment communities are likely to outperform traditional VCs in the long run. Having a large community with genuinely interested and committed people invested in your project will be more valuable than the name of a well-known VC.
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@W8M8
Seb
2 years
Community VCs have imported ~500 past investments into Presail in the last month Big win for the investment community space, as investors can see them from the investor portal 😱
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@W8M8
Seb
2 years
Fun fact: Solana was a presale 😘 SOL presale was $0.22. Binance got it at $0.84. The difference? An x64 ROI vs. x17 based on the current price.
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@W8M8
Seb
2 years
According to our survey on the presale space: 73,68% of investment groups are still actively investing. 84,21% think they'll invest more next year. 80% of the groups' owners invested alongside their members in 2022. Bullish.
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@W8M8
Seb
2 years
We have a saying at Presail. "If you trade on Binance, you're too late." People learn about presales the hard way after buying a token at the top, thinking they're early. We dived deeper into what goes down before a token launch.
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@W8M8
Seb
2 years
Presail is shipping an improved contribution flow this week ⛡️ Contributing to a pre-sale just got a bit better.
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@W8M8
Seb
2 years
We're getting closer to publishing the annual "State of Presales" report. We surveyed tons of investment communities, and got a lot of great insights and interesting thoughts on the ecosystem. You're going to love this.
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@W8M8
Seb
2 years
Update on @presailcom : User profiles are getting a huge lift. Making it easier for individual investors to manage different wallets, socials, and other info required by community VCs. ETA ~ 1 week 😍
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@W8M8
Seb
1 month
2 ways to ensure your token distribution is both fair and attractive to investors πŸ‘‡
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@W8M8
Seb
2 years
The first IRL meetup of team Presail! βš“οΈ
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@W8M8
Seb
2 years
VCs are ripe for disruption. Don't believe me? In your next meeting with a VC, ask them: "why should I choose you over another fund?" 95% will be startled and unable to give you a proper answer. They are NGMI.
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@W8M8
Seb
2 years
Presail has officially partnered with Elliptic 🀝 Investment groups will be able to screen wallets in real time, protect their business from financial crime, and comply with regulatory AML requirements. Wallet screening will be live early February 🫑
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@W8M8
Seb
2 years
FIY market sentiment in web 3.0 early stage: $ invested in presales has grown 3 weeks in a row, after a down period, going back to what we saw in ~ April πŸ“ˆ
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@W8M8
Seb
2 years
Smart investments will be the new status symbol πŸ’ A Balenciaga shirt is okay. Proof of 50x ROI on an investment is cooler.
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@W8M8
Seb
2 years
Had a great chat yesterday with @thepresaleclub . Their effort to help democratize investments in Spain and Latin America is impressive. Here's to moving the space forward together! 🍻
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@W8M8
Seb
2 years
We have so many incredible things coming in Q2 for Presail. The team is working harder than ever 🫑 Can't wait to share it all sooooon
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@W8M8
Seb
2 years
I spent 2022 building, but I'm planning on attending a lot of Web3 events next year. What upcoming events are you going to?
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@W8M8
Seb
1 month
Oh God, what have I done? It's been 24 hours, and I'm deep in the rabbit hole of mid-century modern πŸ₯² don't tell me the Eames lounge chair isn't a vibe, though πŸ”₯
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@W8M8
Seb
2 years
The investment communities that will stand out as the space grow bigger are the ones that focus on the important aspect of giving quality service and support to their members. Let's take a look at the everyday challenges community members face. Thread πŸ‘‡
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@W8M8
Seb
1 month
Here's why you shouldn't have 1 price for your token sale, but 4 πŸ‘‡
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@W8M8
Seb
3 months
Excited to keep partnership going πŸ”₯
@IvanOnTech
Ivan on Tech πŸ₯•πŸ₯•πŸ«πŸ«πŸ“ Moralis
3 months
. @presailcom is a massive player in the IDO space, using Moralis data to build their investment terminal and dashboard
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@W8M8
Seb
2 years
bullish
@AngelList
AngelList
2 years
Announcing: Rollups Retroactively clean your cap table Rollups allow companies to convert many SAFEs all at once without needing to chase signatures during an equity round.
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@W8M8
Seb
7 months
Excited to say Presail powered SubQuery's $5M fundraise that was filled in 2 hoursπŸ”₯ Our team has been working around the clock for the past few weeks. More to come πŸš€
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@W8M8
Seb
2 years
investment communities vs traditional investors. Let's look at how we're progressing. ThreadπŸ‘‡
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@W8M8
Seb
2 years
Presail now works with in-app browsers from Telegram and Discord πŸ’Έ This has been a problem since we started. And as 95% of our customers use those - it's been a problem. All creds go to our CTO for working on this the last weeks πŸ”₯
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@W8M8
Seb
2 years
We asked investment groups if they think presales will get more regulated next year. MiCA (Regulation of Markets in Crypto-assets), the EU's framework for regulating crypto assets in the EU, is on its way and will change how Web3 companies can operate.
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@W8M8
Seb
2 years
Our first-ever report on investment groups and the presale space is out β›΅οΈπŸŽ‰ We're opening our doors and sharing our data, showing you the developments month after month through the most insane year in crypto's history.
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@W8M8
Seb
5 months
@elonmusk the X API v2.0 is bugged; nowhere can you get profile_banner from the API anymore. It's supposed to be on user.fields pls fix sir I own a Tesla and like spaceX as well etc.
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@W8M8
Seb
2 years
Welcome to all the DAO tooling startups that are now pivoting into Presail and booking demos with us under pseudonyms! We love you all & let's push the space forward! πŸ”₯
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@W8M8
Seb
2 years
Oslo's office vibe ✨😍 What do you think?
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@W8M8
Seb
2 years
Building a network is essential for anyone who wants to succeed in this space 🀝 Joining an investment community can be the way to go. Expand your network, become better at due diligence, and get access to early-stage investment opportunities.
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@W8M8
Seb
2 years
The community-led VC movement is maturing a lot faster than people realize. 1. We have customers now who get into the same rounds with A16Z, Paradigm, and Accel. 2. When we launched Presail KYC a year ago, people hated it. Now, most use it. It's happening. One step at a time.
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@W8M8
Seb
2 years
Metamask is ripe for disruption. Extremely unreliable, poor documentation, and horrible product prioritization. Sincerely, every dev team that has to interact with it.
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@W8M8
Seb
2 years
Update: new deals page live πŸ”₯ The deal page is now put inside the investor portal and looks much better. More to come ⛡️
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@W8M8
Seb
2 years
Friendly reminder that engineers and developers are artists, just as much as designers are.
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@W8M8
Seb
1 year
What happened in Web3 last week: - Spotify started testing Web3 wallet integration. - Coinbase is building its own Ethereum layer-2 network called β€˜Base’. - Energy Giant Saudi Aramco Signs Agreement With DroppGroup to Build Web3 Tech.
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@W8M8
Seb
2 years
It's been 14 years since Satoshi Nakamoto introduced the Bitcoin white paper. It's crazy how we still don't know who's behind it all. Let's take a look at the most known theories!
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@W8M8
Seb
2 years
🚨 What happened in web3 last week: - YouTube appoints Web3-friendly executive as new CEO - Napster acquires NFT marketplace Mint Songs to integrate web3 technology into their platform and offer exclusive artist collectibles to fans
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@W8M8
Seb
2 years
Luna in May. Celsius in June. FTXΒ in November. ‍ 2022 was crazy. How did that affect the presale space? We're showing you the developments month after month through the most insane year in crypto's history.
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@W8M8
Seb
1 year
What happened in Web 3 yesterday? 🧐 - Facebook-parent Meta plans to lay off another 10,000 employees. - OpenAI Announces GPT-4 Language Model. - MetaMask resolves a privacy issue that linked accounts. - Deaton Prepares to Fight for SEC vs. Ripple Case’s Clarity From Courts.
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@W8M8
Seb
2 years
What happened in Web3 last week: - Ebay expands into NFT and web3 space with new job openings - Musk says Twitter payment is going to use Fiat. But crypto can be implemented later - Apple’s mixed reality headset due to be announced soon is rumoured to have a $3,000 price tag
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@W8M8
Seb
2 years
We just hired our lead front-end developer. A full UI revamp and improved UX has been worked on behind-the-scenes in the last months by design & product. You should start seeing improvements being rolled out at a high pace a couple of weeks from now 😍
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@W8M8
Seb
1 month
I got asked "at what time should we move to @springdotnet " TL;DR: when you're growing! πŸ”₯
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@W8M8
Seb
20 days
A brand becomes a brand when it's either loved or hated, not when you are impartial. Hate it all you want; that's kind of the point πŸ˜‚
call me Oppenheimer
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@W8M8
Seb
2 years
In December, Presail will make KYC available to all customers, regardless of your plan. And shift it from opt-in to opt-out. KYC now also contains adverse media screening, free of charge. An important step to onboard the next million users into the space.
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@W8M8
Seb
1 month
I have now fallen in love with mid-century modern and I wont apologize for how I feel
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@W8M8
Seb
2 years
Exciting to see MH back BuidlersTribe! I'm a big fan of the BuidlersTribe's incubation model, and I look forward to seeing it in practice! πŸ”₯
@MH_Ventures
MH Ventures
2 years
MH Ventures participated in the seed round for @BuidlersTribe , a distributed incubator for web3 startups. Buidlers Tribe is an incubator that works with founders/startups from the idea/proof-of-concept/MVP stage to grow companies.
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@W8M8
Seb
2 years
What happened in Web3 today: - @binance registers as virtual asset service in Poland - #Bitcoin surpasses @jpmorgan in market value - #Dogecoin carbon emissions down by 25% following @elonmusk collab - Crypto lender Genesis preparing to file for bankruptcy
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@W8M8
Seb
24 days
You think you know pain? Try being a FNC fan in league.
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@W8M8
Seb
2 years
Thorough due diligence is the key to any successful investment. That's one of many things investment communities will help you with. DuckDAO said it perfectly:
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@W8M8
Seb
5 months
Happy we get to continue collaborating with the Ronin ecosystem! Get in there πŸ‘‡
@bestaxies
Best | Tribally
5 months
The $TRIBAL presale is now open for pre-registration βœ…οΈ πŸ‘‰ πŸ‘ˆ Get KYC done ahead of the launch date and beat the rush πŸƒβ€β™‚οΈ Sale goes live at 16.20 UTC on Monday 25th March ⏰️ @presailcom x @TriballyGames
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@W8M8
Seb
2 years
Investment communities are about giving ordinary people access to an asset class they've never been able to partake in. The private market. In web 3, the private market is pre-sales. Average annual returns in the private market are 10.48%. The S&P 500 returned 5.91%.
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@W8M8
Seb
2 years
Our 4th video is out! @web3jean goes over the blockers when it comes to joining an investment group, check it out! #web3 #presales #Investmentgroup
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@W8M8
Seb
2 years
What happened in Web3 today: - @binance burns $600M BNB in 22nd burn event - According to @CoinDesk , 1 in 3 members of Congress got cash from FTX's donations - @HashKey_Capital raises $500M for Web3 Fund - @BankofAmerica says CBDCs and stablecoins could revolutionize money
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@W8M8
Seb
1 year
@brian_armstrong For AngelList, you have us @brian_armstrong . Avlok is even an investor. We've got strong PMF and revenue ⛡️
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@W8M8
Seb
2 years
Update: you can now see our pricing before scheduling a demo πŸ™Œ I hate companies that don't show pricing. For the longest time, @presailcom was a part of that club.
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@W8M8
Seb
5 months
To all the indie hackers who are mindblown by Typeform's pricing and that people pay for it: it's called value-based pricing, and you should check it out!
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@W8M8
Seb
2 years
Give me the confidence of a 20-year-old VC that comes straight from uni saying "in my experience" 🫑
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@W8M8
Seb
1 year
What happened in web3 this week: - Bored Ape Yacht Club’s β€˜Golden Key’ NFT Sells For $1.6M - Redeem Raises $2.5 Million to Simplify NFT Transactions via Phone Numbers - Japan Gets Its Own β€˜Metaverse Economic Zone,’ With Help From Fujitsu
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@W8M8
Seb
2 years
We're moving our content strategy away from written over to video & voice😎 Learnings: βœ…Writing sucks for retail βœ… Writing sucks for blue ocean products βœ… Video beats writing on brand building
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@W8M8
Seb
2 years
I did this with an email at Brødboksen. I called 200K Norwegian people Bjarne by mistake. I then sent a follow-up email saying, "Hi not-Bjarne, sorry about that" The whole office was laughing as the Norwegian PR ecosystem called it a "brilliant planned campaign"🫑
@kwuchu
Iheanyi Ekechukwu
2 years
Somebody at Airbnb's engineering team is hooked up to production and doesn't know it.
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@W8M8
Seb
2 years
Become an expert in one hyper-specific niche. - Music NFTs - Social Clubs - Yield Farming - Generative Art - Layer 2 Build a community around the one you are most fascinated by. Once you have the community, turn it into an investment community.
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@W8M8
Seb
5 months
Larry, you keep talking like this I might hire you to lead our GTM
@RadarHits
Radar🚨
5 months
NEW: πŸ‡ΊπŸ‡ΈBlackRock just filed with the SEC to launch tokenisation fund. BlackRock CEO Larry Fink: β€˜β€¦the next step is the tokenisation of financial assets, and that means every stock, every bond…’
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@W8M8
Seb
25 days
Me watching as Elon has had enough and starts speaking his mind 🍿
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@W8M8
Seb
2 years
@cz_binance hiπŸ‘‹ after the Binance launchpad, Presail is the #2 largest facilitator of startup investments on BSC. Nice to finally meet!
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@W8M8
Seb
2 years
@NFTHawks This was me for months after @itsnakazumi stole my NFT
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@W8M8
Seb
1 year
- A new report from DappRadar revealed that during the first month of 2023, blockchain gaming made up 48% of all DApp activity. - Aston Martin enters the metaverse and launches 2,582 piece AM-Vantage NFTs. - MetaMask now supports Layer-2 networks Optimism And Arbitrum.
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@W8M8
Seb
2 years
An article we keep coming back to internally is "Product strategy means saying no" and the importance of not becoming a feature factory. Shipping fast and shipping features are two different things entirely.
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@W8M8
Seb
1 month
I had a great time discussing how @springdotnet is revolutionizing the Web3 space and helping investment groups scale their businesses. Check out the full episode to learn more! In the podcast, we delved into how Presail acts as an operating system for investment groups,
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@W8M8
Seb
2 years
According to our survey, 18.20% of investment groups still distribute tokens to their members by manually transferring. That's a time-consuming process every investment group in Web3 should automate. Read the full report here:
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@W8M8
Seb
2 years
One of the biggest mistakes (most) DAOs make is completely disregarding corporate governance. The best solution is somewhere in between disregarding and replicating.
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@W8M8
Seb
2 years
what if we move away from a % of the amount invested for investment communities and go over to a recurring membership fee model? Communities get stable income, can spend longer on due diligence & are forced to interact and engage with the community to maintain memberships🧐
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@W8M8
Seb
2 years
Update for @presailcom users: OTC v1 is live πŸ’₯ this feature makes it effortless to swap allocations between different users on Presail, while having complete oversight over all OTC trades made in a deal. We are just getting started πŸ”₯
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@W8M8
Seb
2 years
For anyone new to crypto and interested in investing in early-stage projects, joining an investment community is the way to go. Meet like-minded people, become better at due diligence, and get access to a steady deal flow. We dived deeper into the topic:
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@W8M8
Seb
1 month
Having 60 sec to explain RWA and why it rocks is quite a challenge πŸ˜‚
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@W8M8
Seb
2 years
Three things need to happen for community VCs to cross the chasm: 1. Trust in the platform and the communities they’ve joined. 2. Fiat-on-ramp and off-ramp are available. 3. Regulatory clarity & people are easily able to pay and report tax
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@W8M8
Seb
2 years
Great beginner-friendly educational content coming out of the team. Even diving into tokenomics on this one
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@W8M8
Seb
2 years
More beginner-friendly content coming out of the team. This time, an article about the different types of Stablecoins.
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@W8M8
Seb
1 year
One day after announcing it, we already have a huge waitlist (2 months) for clients wanting to use the first-ever OTC marketplace for pre-launched tokens. We're excited to launch it in closed beta tomorrow πŸ”₯ LFG πŸ§™ DM, and I'll get your application
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