Feels like reading a biography written by a professional writer. This is Must-Read posting on @MitosisOrg
📖 Nobody Knows - Ep. 1: The Origin of @MitosisOrg We yap, We engage, We meme. But how many of us truly know how Mitosis came to be? 💡 “What if liquidity could move?” That wasn’t just a question. It was a trigger - the birth of a movement. Let’s know what nobody knows- ------------------------------------------ ⚙️ The Brains Behind Mitosis 1️⃣ Luke (@LukeAlwaysAwake ) 🧬 Dropped out of college at 19 🧬 Worked across product, marketing, and Web2 startups 🧬Entered crypto in 2017, drawn by Uniswap, Yearn, and Curve 🧬Saw protocols as live economic experiments 🧬 Felt lectures were pointless when “the real frontier was unfolding on-chain” “Pretending lectures mattered while the real frontier was unfolding on-chain felt pointless… Uniswap, Curve, Yearn - they were live economic experiments. And I wanted in.” ~ Luke ----------------------------------------- 2️⃣ Jake (@Jake_on_me ) 🧬 2018: Began with ICO investments 🧬 2019: Failed staking idea at a Cosmos hackathon - learned timing is everything 🧬 Co-founded Keplr Wallet → now 2M+ users 🧬 Snuck into a VIP party to pitch VCs (Savage Hustle™) 🧬 Built tech at Anchor Protocol pre-Terra collapse 🧬 Rebounded post-crash and co-founded Mitosis 🧬 Built for the squad, not just the suits “Now building Mitosis to make cross-chain trading dummy easy - not just for whales.” .................................................................. 🤝 When They Teamed Up ➤ Luke and Jake met in 2017 and stayed in touch across various ventures. ➤ By late 2022, they began seriously collaborating on solving DeFi's biggest pain point: fragmented, idle capital. ➤ What started as a shared frustration evolved into a bold new thesis: “What if liquidity could move?” ➤ That question became the spark behind Mitosis - a programmable liquidity network for all. ............................................................................... 🛠️ How It All Started: Timeline & Milestones 📅 Late 2022 – 2023: Ideation ➤ Sketched out Mitosis to fix DeFi’s broken liquidity ➤ First tweet by late 2023 ➤ Whitepaper & Litepaper → Jan 2024 💰 May 2024: Seed Round ➤ $7M raised (Amber Group, CitizenX, etc.) ➤ Emphasis: Low raise to preserve community incentives ➤ Luke & Jake dropped out at 19, met years earlier 📈 Summer–Fall 2024: Events & Expansion ➤ Liquidity Summit in Seoul with Google Cloud ➤ Grassroots outreach: Vietnam, Twitter Spaces, story campaigns ➤ “Mitosis Town” onboarding + testnet education 🎮 Nov–Dec 2024: Game of MITO ➤ Gamified testnet with 300k users, 29M transactions ➤ $500M+ TVL across 5 chains ➤ Ecosystem-Owned Liquidity proven live 🎓 Early 2025: Education & Mainnet Prep ➤ Launch of Mitosis University ➤ Integrated Renzo (ezETH) and Babylon (BTC staking) ➤ Custom LPs, beta tests, and mainnet in sight ...................................................................... 🌐 Community & Partnerships 🫂 Community First ➤ “Vibes tribe” on Discord and X ➤ Luke’s “GM”s and direct engagement ➤ On-ground feedback loops (Vietnam Senseis!) 🤝 Strategic Alignments ➤ THEO (TradFi-crypto deals) ➤ Renzo + Babylon for yield infrastructure ➤ Hyperlane makes Mitosis the modular liquidity backbone ......................................................................... 💸 Funding & Vision 💼 Seed Round ➤ $7M raise - intentionally lean ➤ Protects token incentives for community 💱 Token & Road Ahead ➤ $MITO token after testnet (late 2024) ➤ CEX listing expected by Q3 2025 ➤ Community-first strategy > big VC dilution 🎯 The Goal To create a Programmable Liquidity Network that makes yield: ➤ Transparent ➤ Mobile ➤ Accessible to every contributor - big or small This is just the beginning. We’ll uncover what you know, what you don’t, and the things... Nobody Knows. 🧬 Hush took too much time researching, hope you guys will like it 🫶🫡
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