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Carmen Li

πŸ‘€ Speaker
328 total appearances
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Odd Lots
Carmen Li's Plan to Build a Futures Market for Compute

Starting in September, maybe, or starting November, February opens, right?

Odd Lots
Carmen Li's Plan to Build a Futures Market for Compute

So this all comes because of market condition.

Odd Lots
Carmen Li's Plan to Build a Futures Market for Compute

So compute change cover that the physical GPU procurement, also token.

Odd Lots
Carmen Li's Plan to Build a Futures Market for Compute

So we'll talk about token as well.

Odd Lots
Carmen Li's Plan to Build a Futures Market for Compute

On flip side, who's going to use the futures options can be a similar set of people, right?

Odd Lots
Carmen Li's Plan to Build a Futures Market for Compute

You look at oil market, which we all love WTM brands, right?

Odd Lots
Carmen Li's Plan to Build a Futures Market for Compute

The people who use WTM brand, a lot of them are naturally long oil.

Odd Lots
Carmen Li's Plan to Build a Futures Market for Compute

So the shells, right?

Odd Lots
Carmen Li's Plan to Build a Futures Market for Compute

The producers, they need to hedge their revenue volatility by shorting futures or port options.

Odd Lots
Carmen Li's Plan to Build a Futures Market for Compute

If you're naturally short oil, American line, right?

Odd Lots
Carmen Li's Plan to Build a Futures Market for Compute

They want to control their cost volatility.

Odd Lots
Carmen Li's Plan to Build a Futures Market for Compute

They want to obviously use future options as well.

Odd Lots
Carmen Li's Plan to Build a Futures Market for Compute

Simple to compute.

Odd Lots
Carmen Li's Plan to Build a Futures Market for Compute

Your NeoCloud or you or anyone have the servers.

Odd Lots
Carmen Li's Plan to Build a Futures Market for Compute

Ideally, you want to have predictable revenue streams.

Odd Lots
Carmen Li's Plan to Build a Futures Market for Compute

Exactly.

Odd Lots
Carmen Li's Plan to Build a Futures Market for Compute

You have GPUs, right?

Odd Lots
Carmen Li's Plan to Build a Futures Market for Compute

Or the banks where GPUs on your balance sheet, right?

Odd Lots
Carmen Li's Plan to Build a Futures Market for Compute

Your long GPUs.

Odd Lots
Carmen Li's Plan to Build a Futures Market for Compute

Then, naturally, you want to make sure your revenue is stable to a certain degree, and then you want to use future to do so.