Distributed Digital Property Board

[waveduke]

Alea, I do not know why any prudent individual would conclude that Wave failed to sell ETS, even though they have not sold it. I think it is based on our own limited capabilities as humans – we learn from experience; what happened before will keep happening. ETS becomes an easier sell every day. More TPMs and more ways to leverage TPMs. Most people were not aware of TPMs and selling is always more difficult when the individuals you are selling to have not even heard of your product category. I always thought it would be a hard sell at first. The only reason I concluded otherwise was based on management guidance.

At this point, you do not need management opinion to see this market is developing rapidly and in Wave’s favor. This will at some point be accompanied by real revenue. There has not been a better time to be a Wavoid in my opinion based on probability of being a real business. Human behavior is difficult to predict. People understand numbers and facts more than “the story”. The story involves thinking. Wave investors have generally proven that as a whole, we have been terrible at understanding the true value of the franchise. I believe we carried a much greater market cap over 5 years ago. That should tell everyone something.

This is my first post in your neighborhood. I was just passing by…

John