Altcoinist

🧵 @mickymalka is quietly reshaping crypto culture - Micky bought his first $BTC at $9 - Founder of @RibbitCapital ,$12B+ AUM - Backed @Coinbase & 30+ crypto unicorns - Known for long-term bets, OG values, and zero hype Now leading a new playbook: preserve the past, build the future CryptoPunks IP: now in the hands of a nonprofit trust - Malka invested $25M in Node Foundation - @nodefnd acquired full IP rights to CryptoPunks from Yuga Labs - Estimated deal: ~$20M - Ownership transferred to a nonprofit endowment, not a corp - Advisors include Larva Labs founders, Art Blocks’ Snowfro, Yuga’s Wylie - Mission: “future-proof” Punks for public benefit, not private gain - Strategic pivot: crypto-native culture → public trust stewardship - Set precedent: nonprofit IP ownership as an alternative to corporate licensing Why the #cryptopunk IP acquisition matters - First time a mission-driven nonprofit holds a top-tier NFT project’s IP - Signals a return to crypto’s original values: open, permanent, permissionless - Punks preserved as public digital artifacts, not brand assets - Culture becomes infrastructure Stealth as strategy: the case of $TIBBIR In Jan 2025, a token named $TIBBIR launched quietly on @virtuals_io , Coinbase's L2, @base chain... - No announcement, no marketing, just onchain code, lore and silence - Onchain sleuths tied deployer wallet to Malka - TIBBIR = “Ribbit” backwards, a cryptic signature - Ribbita AI bot ( @ribbita2012 ) appeared, interacting with early adopters, sharing Ribbit's plans - @ribbita2012 is followed by 100+ smart followers, the entire Ribbit Cap team, Micky himself, and industry titans such as @RaoulGMI - Based on the breadcrumbs: Ribbit is building an AI-native agent and merging crypto & fintech into a single ecosystem, in stealth & in collaboration with the largest ribbit cap portfolio companies ( new @coinbase wallet = communicates with AI agents...) The stealth wasn’t a bug - it was the test Community formed before the narrative hit What this shows - Malka is not just deploying capital, he’s designing structures and ecosystems - He’s betting on the OG trustless culture - Punks in a nonprofit trust - $TIBBIR with a fair launch Builders should take note: stealth is the new signal The $TIBBIR community showcases the power of the stealth launch and the industry's return to the OG values, thanks to @mickymalka 🐸 pic: TIBBIR Punks

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