Pinned post
First time tweeting a thesis, might have to keep posting them publicly. Still have 1.5%, down from 2%. Great trade so far.
Follow along for the next one friends. robinhood:0xdcd885f5c60b3ad49f6d58718696417314e8724d
Follow along for the next one friends. robinhood:0xdcd885f5c60b3ad49f6d58718696417314e8724d
I’ve been doing some DD into $GLOAM on Robinhood.View quoted post on X
0xDcD885F5c60b3aD49F6D58718696417314e8724d
Gloam is building private balances, payments, payroll and agent payments using zero-knowledge proofs. Transfers inside its vault can conceal amounts and counterparties. Because Gloam’s vault sits on public chains, deposits and withdrawals remain visible. That creates timing/amount correlation risks, particularly while the pool is small. These downsides are not unique to GLOAM, but to any privacy coin on a public blockchain.
What sticks out to me more than anything is the amount of effort that has gone into this coin before it's even reached mainnet. So far there are: Public contracts, circuits, an app, a published SDK and deployed testnet pools on Robinhood and Tempo. I tested a real private-transfer proof against its deployed Robinhood verifier and the original inputs were accepted, while changing the spend identifier caused rejection. Good sign.
The tech actually works too. I rebuilt all six circuits, verified the contribution history and reproduced the final keys from the published randomness. Everything matched. While it doesn't replace a security audit from someone who's not an idiot (me, i'm the idiot), it's a meaningful step toward the mainnet launch, and gives me faith in the actual tek now that I know it works.
Then theres the Agentic Payments. The dev submitted, and I independently verified, a private-payment method to the Machine Payments Protocol (the standard co-authored by Tempo and Stripe). There are published developer tools behind the proposal, including the SDK (core privacy toolkit), the MPP integration for making and accepting payment for services, and the MCP server, which will allow agents access these capabilities. Agentic Payments is a large differentiator between Gloam and other shielded/privacy coins.
Mainnet launch "this week" according to the team, which gives us a catalyst to look forward to. More people are likely to try out a coin on mainnet than test net (the avg crypto user doesn't know how to use testnet i fear) so more exposure will come from that.
My reservations
I'd like to see a completed, published, external audit. I or someone else can tell you we checked what we could, but this isn't my specialty.
I'd like to see Private Swaps fixed and reimplemented on test net, where you can swap from one token to another within the Gloam environment.
I'd like to see concrete buyback numbers, fixed into a contract. Currently the docs state that buybacks are discretionary. While okay, I'd like see some hard numbers, automatically buying back on the chart.
God knows the market has enough privacy tokens right now, but with the the amount of work that has gone into this, I like the r/r at this market cap. This feels like an easy $1m+ coin.
