# Proof of Excitement

By [Amaca](https://paragraph.com/@amaca) · 2021-11-07

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![Floki Inu on Twitter: "2. #FLOKI to completely lock down London  Underground. London Underground, or the Tube, is one of the busiest metro  systems in the world -- handling up to 5](https://storage.googleapis.com/papyrus_images/396adbdd1f105c99244b971d15f1718293c397460d3c4e29db5730d280da92ac.jpg)

Floki Inu on Twitter: "2. #FLOKI to completely lock down London Underground. London Underground, or the Tube, is one of the busiest metro systems in the world -- handling up to 5

There are a lot of cool ideas floating in the crypto space. Smart contracts, zk-snarks, quadratic voting, non fungible tokens, lending pools, stable coins.

In the next posts I'll try to distill the most recent and promising whitepapers and point to some "reasonable asymmetric bets" ([Subscribe to receive the updates](https://amaca.substack.com/subscribe?)). With that I mean tokens and projects that could return 10x in a few years. I think the crypto market will go down when the the interest rates rise, but there will be nonetheless great opportunities for the patient investor.

But today I'll just run an experiment.

**Try to come up with words, any word.** Then prepend or append "coin", “NFT” or "token" to that word and Google it.

These are the words that came up to me:

*   park => [coinpark.com](http://coinpark.com/): it's a digital assets trading platform
    
*   box => [nftboxes.io](https://www.nftboxes.io/): _amazing NFTs every month_
    
*   fun => [fun token](https://coinmarketcap.com/currencies/funtoken/): online gambling token of some sort
    
*   mark=> [coinmarks.io](http://coinmarks.io/): used to be an exchange
    
*   pickle => [pickle.finance](https://www.pickle.finance/): _"Pickle Finance helps users to maximize their DeFi yields by auto-compounding their rewards, saving them time and gas"_
    
*   car => not found
    
*   sand => [sandbox.game](https://www.sandbox.game/en/about/sand/): SAND token for the Sandbox “ecosystem”
    
*   coyote => [coyote.ai](https://www.coyote.ai/): Blockchain analysis company
    
*   burp => [coinburp.com](https://www.coinburp.com/): Crypto exchange, I kid you not.
    
*   tree => [cointree.com](https://www.cointree.com/): Australian crypto exchange
    
*   rope => [ropesolana.com](https://ropesolana.com/): _A next gen ecosystem_ apparently. _"$ROPE is a full-scale decentralized ecosystem that brings the well known "market volatility index" to the crypto market”_
    
*   truck => [TruckCoin token](https://coinmarketcap.com/currencies/truckcoin/) and [Crypto Trucks NFT](https://opensea.io/collection/crypto-trucks)
    
*   duck => [duckdao.io](https://duckdao.io/): _"Who will win? A VC or a thousand ducks?"._ Can't make this up.
    

Some of these are obvious scams, but some are legit recent projects with big teams.

I probably biased it for short words, which of course work much better. Anyhow, this should give us a sense of how big and wild the crypto space is right now.

NFTs especially are very frothy right now.

When you start seeing crypto ads on billboards in New York or in the London underground, you might be in a bubble:

![Irresponsible' London Underground Bitcoin advert banned - BBC News](https://storage.googleapis.com/papyrus_images/28d68ccd9201051f862c0276c68f9ee5a875d11c95623072a7b946c815ea948c.jpg)

Irresponsible' London Underground Bitcoin advert banned - BBC News

![Seen on the London tube this March morning - feels properly mainstream  already : r/Crypto_com](https://storage.googleapis.com/papyrus_images/db4cda1211c1a22b9dc0f86e3f8f9118541e6fdcfadcb241a0148a90202faa64.jpg)

Seen on the London tube this March morning - feels properly mainstream already : r/Crypto\_com

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*Originally published on [Amaca](https://paragraph.com/@amaca/proof-of-excitement)*