Let's support @HighKey boy @AB

I watched some of the video, we don't reject or cancel people who are struggling but you can see that he is trying.

x.com/AB84/status/1898182191362064503

🤔

Congrats everyone! @mossified we did it! 7,003 users on @focus 🚀

@Maximus_Decimus_Meridius was #7,000

focus-users.netlify.app

I don't follow the price too closely but I love the all the analysis from @bidaskspread

Some information I can maybe contribute here:

* Up-front, I've personally been a big net buyer of DESO during the past few months or so, from $6 through $40+ to now, and never in my life a net seller. I only even say "net" buyer because we do market-make with things like HeroSwap which lets people buy and sell against us purely for user-convenience, otherwise there would be no "net" (and note that we tend to get *even longer* on DESO through those operations). Moreover, just to be clear because people sometimes try to be sneaky with their words: When I say "I" that includes any entity I'm affiliated with. For the avoidance of doube, there is no entity that's affiliated me that is a net seller-- it's diamondhands all the way down. Recently, as in for the past month or so, I believe we have converted over $1M of our funds to DESO as well because we think it's cheap, and we plan to continue to do so. In addition, whenever someone sells to us on HeroSwap, we've just been absorbing it to get even longer. If you've been paying any attention to all of the public information we've been putting out there about Revolution PoS and Focus, it should be abundantly clear to you why we take this position.

* With regard to selling on the market, I don't know who is selling but I can say that I'm not aware of any person or entity ever buying more than ~5% of the supply, and that was the absolute max that anybody I've ever known of being able to get (and the next highest was like 2%). Over time, people may have been able to accumulate more than this but if they did that then it had to happen through peer to peer or on-exchange purchases that I don't know about. It was a top priority when we launched the network to ensure that the distribution of coins could be as decentralized as possible. That's why there is no "lead investor" and why the maximum amount I'm aware of anyone buying is so low. Other teams like Solana have foundations that own 50% of the supply. There is nothing like that here. In fact, the largest holder of DESO right now is the Focus cold wallet, which you can verify for yourself on-chain here:
- node.deso.org/supply-stats

* Last thing I'll say is don't sweat the selling. It's much *much* better to get the paper-hands people out now while the price is so low rather than after Revolution+Focus launch and everyone sees the full potential of DESO. When someone asks me if they should hold DESO I say the exact same thing: "If you believe in the long-term vision then you should hold forever (or at least the next ten years), and if you don't then I would sincerely appreciate it if you would sell now." That is because every time someone dumps, it's an opportunity for us to gain a long-term holder who's a true believer. Indeed, if some trader lazy-holds through the launch of Revolution+Focus, they could make millions that could otherwise have gone to someone who actually cares about creating a more decentralized world. To be clear: I'm not saying I like the price going down, but rather just saying that I'm so confident in the fundamentals of what we're launching that my dominant feeling is to feel bad for the paper-hands who are missing out on one of the greatest platform shifts of our generation.

And so, my recommendation to everyone is the same: If you feel like you understand and believe in DESO then hold it for as long as you can, and if not then just sell it now. After all, wouldn't you rather hold onto something you really believe in?