Key insights
- The article suggests selling Trade Desk (TTD) and buying Datavault AI (DVLT). While TTD is a proven cash machine with massive liquidity, DVLT is attempting to tokenize everything, a radical idea with extreme execution risk and regulatory hurdles. The lack of buyers and sellers in the tokenization market and potential regulatory issues pose significant challenges for DVLT, making it a risky investment compared to TTD.
Tradesk went from 3 dollars a share to 128 dollars, because it created a successful market where there was none, Now Data Vault is trying to do the same
* The Trade Desk, Today = proven market place, proven money printer, it just works
* Datavault AI = trying to spawn a market where they might be no market
* BUT DVLT is attempting something TTD cant do: TOKENIZE EVERYTHING
Trying to financialize the entire global ecosystem, from Tom Cruise ‘s voice to materials that dont even exist yet!
But:
-
every tokenization you need buyers and sellers. There are no buyers or sellers today.
-
And this is a regulatory mine field, why buy a token if you can buy a token which is similar but free?
-
How much divergence from the token, is protected
Trade Desk:
* Massive liquidity
* Massive datasets, on trading activity
* Proven cash machine
Datavault:
* Radical idea
* Massive TAM
* On an unbelievable scale
* Execution risk EXTREME