Gigastar: investing in the CRT marketplace

The speaker discloses personal investments and describes why he is reinvesting in Gigastar, a Chicago company that issues channel revenue tokens (CRTs) allowing investors to buy a share of a YouTube channel's future income. He opens by noting a recent unrelated trade: he closed a copper position for a '21% gain' over six months and said about '10,000' people in his community verified his calls. He stresses the video is not sponsored.

Gigastar is presented as a first-mover, SEC-regulated platform that runs a live secondary market where CRTs are held in Gigastar accounts much like stocks in brokerage accounts. The speaker uses his own case to explain the model: in 2023 he sold '3%' of his Clear Valley Tax channel and those CRT holders have received that percentage of revenue monthly for the past three years. The platform is described as approved in all '50 states', open to international participants, and live now for buying and selling CRTs.

The company valuation and visibility claims: Gigastar is said to be valued around '$58 million', recently rang the opening bell on 'NASDAQ' on August 31, and lists established creators such as 'crafty' (noted as '5.56 million subscribers' and making '$1.45 million a year'). The speaker also highlights institutional interest, saying 'one legacy' invested '$2.4 million' and 'Belvedere, strategic capital' invested over a million, while Gigastar reserved allocation for smaller investors via a WeFunder funding round.

Revenue streams are enumerated: (1) a listing fee charged to creators, (2) a content-creator payment processing fee, and (3) an explicit commission on CRT trades. He also notes Gigastar's official 'partnership with YouTube' and a visible integration in the YouTube creator dashboard. Leadership credentials cited include a CEO who founded 'Option City Software' (acquired in 2017) and a CTO whose crypto trading ecosystem was acquired by 'Robinhood' in 2021 and who led engineering there.

Bottom line from the speaker: he invested previously, likes Gigastar's first-mover position, management, and risk/reward, is investing again on WeFunder, but cautions that 'nothing... is guaranteed.'