REJECTEDWALL #241
Sam Ikkurty
Posted April 14, 2026
PERMANENT LINKcftcsucks.com/241
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RCIF II - Five bullet Friday - Issue # 47
Dear Partners,
Crypto market is currently under the grip of fear. Bitcoin's hashrate dropped recently by 15% due to the
civil unrest in Kazakhstan. Our portfolio has taken a hit due to the steep drop in OlympusDAO.
1. Today the city of Rio De Janeiro has pledged to invest 1% of their treasury in Bitcoin and promised to
provide discounts on taxes if people pay taxes in bitcoin. This is a big positive step as the early adopters will
have a huge advantage. Both the mayors of Miami and New York have announced that they will take a big
portion of their salary in bitcoin.
2. In 2019, most people believe that DeFi markets are a small subset of finance, like a niche market. NFT
marketplace, Open Sea is currently raising money at a valuation of $13 billion due to the enormous demand
for NFTs on its platform. NFTs expand the crypto markets to Art, music, videos, gaming and identity. It
expands the horizons of crypto beyond monetary assets. This graphic shows the major protocols that are
linked to NFTs.
3. Despite the negative price action of KLIMA in the last one month, it has performed superbly in growing its
treasury assets. It currently owns 14 million tons of carbon in its treasury. For a protocol that is only
Dear Partners,
Crypto market is currently under the grip of fear. Bitcoin's hashrate dropped recently by 15% due to the
civil unrest in Kazakhstan. Our portfolio has taken a hit due to the steep drop in OlympusDAO.
1. Today the city of Rio De Janeiro has pledged to invest 1% of their treasury in Bitcoin and promised to
provide discounts on taxes if people pay taxes in bitcoin. This is a big positive step as the early adopters will
have a huge advantage. Both the mayors of Miami and New York have announced that they will take a big
portion of their salary in bitcoin.
2. In 2019, most people believe that DeFi markets are a small subset of finance, like a niche market. NFT
marketplace, Open Sea is currently raising money at a valuation of $13 billion due to the enormous demand
for NFTs on its platform. NFTs expand the crypto markets to Art, music, videos, gaming and identity. It
expands the horizons of crypto beyond monetary assets. This graphic shows the major protocols that are
linked to NFTs.
3. Despite the negative price action of KLIMA in the last one month, it has performed superbly in growing its
treasury assets. It currently owns 14 million tons of carbon in its treasury. For a protocol that is only
operating for 2 months, it is a remarkable achievement. It has locked the emissions of many nation states in a
matter of 2 months.
4. OlympusDAO protocol is finally migrating to its version 2 of the contracts. This enables the protocol to
provide liquidity on other Layer 2 solutions, cementing its position as the reserve currency for the DeFi.
OlympusDAO has reduced its APY to the stakers. This is a negative in the short term but hugely positive in
the long-term. We continue to generate close to 2454 OHM tokens per day OR $508,000 per day based on
the current market price.
5. KLIMA announced recently that it will add nature-based carbon credits to its treasury. They have
implemented the MOSS bonds this week. This is hugely bullish for KLIMA as its treasury value has grown
past $150 million. KLIMA was recently talked about in the Wall Street Journal. KLIMA is very illiquid and
matter of 2 months.
4. OlympusDAO protocol is finally migrating to its version 2 of the contracts. This enables the protocol to
provide liquidity on other Layer 2 solutions, cementing its position as the reserve currency for the DeFi.
OlympusDAO has reduced its APY to the stakers. This is a negative in the short term but hugely positive in
the long-term. We continue to generate close to 2454 OHM tokens per day OR $508,000 per day based on
the current market price.
5. KLIMA announced recently that it will add nature-based carbon credits to its treasury. They have
implemented the MOSS bonds this week. This is hugely bullish for KLIMA as its treasury value has grown
past $150 million. KLIMA was recently talked about in the Wall Street Journal. KLIMA is very illiquid and
even buying $10,000 worth of tokens will push the price up by 4%. so we are patiently and constantly
acquiring new KLIMA tokens every day.
Have a wonderful weekend!
Sam Ikkurty
Published on samikkurty.com | Rose City Investment Fund | CFTC Case No. 1:22-cv-02465 (N.D. Ill.)
acquiring new KLIMA tokens every day.
Have a wonderful weekend!
Sam Ikkurty
Published on samikkurty.com | Rose City Investment Fund | CFTC Case No. 1:22-cv-02465 (N.D. Ill.)
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VERIFICATION RECORD
Submission trackF
StatusREJECTED
Posted2026-04-14T08:16:32.000Z
SHA-256 hashfc281e49f41e0fab709a2bc5c87fca74a0400e324f9fc18ae2419037a4bbcedb
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