80% of the people on this channel are KOLs.
https://x.com/0xDubsteppish/status/1965773646322159796
Now, unlike most āadvisorsā and KOL managers who are Pro-Team, my wealth often comes from my friendships with KOLs.
I measure my success by one simple metric:
š How much money my network of KOLs makes.
Hereās the rough math from my own track record of private sales (and bringing my KOL buddies in alongside me):
ā 3/10 = total write-offs, money gone
š¤ 5/10 = breakeven or modest 2ā4x
š 2/10 = the life-changers (50ā200x)
Our job isnāt to avoid every loser - itās to stay in the game until the monster hits. One 100x pays for dozens of small losses. Now, letās be real⦠farms and larp teams are unavoidable in this space. But more than capital, its the reputation to our communities & audience that we gotta protect by avoiding such teams.
After 4 years of speaking with countless teams who hit me up for help in raising via KOL rounds, Iāve developed a strong sense for sniffing out which ones are legit.
To double down, I now have 2 full-time guys on payroll whose only job is due diligence on teams.
š If youāre a KOL being approached by a project and want a quick, no-BS check on whether theyāre worth your time - shoot me a DM. Iāll let you know fast what their actual intentions are š½
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