Liquidium Update - TAM & Vol. Estimations

Dear Investor,

Here's a summary of what happened at Liquidium last week. We welcomed Domo and Kurt Greta as angels to this round. We estimated that there will be an estimated $1.3 Million per day in borrow volume on Liquidium. Liquidium’s revenue will come out to around $25k per day during the current market. We also talked to development firms to accelerate development & to compliance advisory firm. Finally, we were featured as speakers in multiple Twitter Spaces.

In terms of funding, we have received more soft commitments throughout the last weeks, exceeding our $500k target. While we are waiting for the due diligence of some VCs, we are still open to receiving smaller investments ($25k - $100k). The current round, at $5M, will stay private and will be closed before June 25th (Demo Day). After demo day, we will open a second (public) tranche with a higher valuation of $7.5Mn. All SAFEs prior to June 25th will remain at the $5M valuation cap.

Accomplishments:

• Welcome Domo (Creator of BRC-20 Token Standard) & Kurt Greta (Community Manager @ Okcoin) as angels to this round

• Calculated TAM, estimated volume, interest, and revenue based on competitors on Ethereum. There will be an estimated $1.3 Million per day in borrow volume on Liquidium. Liquidium’s revenue will come out to around $25k per day during the current market. The next bull market will likely increase these numbers a lot.

• Updated Data Room & Pitch Deck

• Talked to development firms to accelerate development & to compliance advisory firm

• Featured as speakers in multiple Twitter Spaces

Opportunity

NFT lending has seen increased activity with new companies entering the space. Blur released BLEND, a peer-to-peer NFT lending protocol on Ethereum, and Binance launched their own NFT lending platform.

Dune Analytics reports that the NFT lending market on Ethereum has almost reached $2 billion in borrowing volume. In addition, Ordinals have been experiencing substantial weekly growth.

Liquidium is applying a similar concept to Ordinals, which we believe will have a significant impact on the current market. This will be the first DeFi solution for Ordinals, allowing users to borrow and lend BTC using Ordinals as collateral.

https://dune.com/impossiblefinance/nft-lending-aggregated-dash

https://dune.com/dgtl_assets/bitcoin-ordinals-analysis

Bitcoin Ordinals Metrics:

• Total Ordinal Inscriptions: 11,917,089

• Total Ordinals Fees Paid: $44,484,467

https://dune.com/dgtl_assets/bitcoin-ordinals-analysis

Analytics

Landing Page

Twitter Followers

Twitter Impressions

Engagement Highlight

Find relevant resources here (incl. Whitepaper, Docs, Deck).

All best,
Robin & Team