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    <description>Thoughts on conviction, token launches, diamond hand vesting, and building in the open.</description>
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      <title><![CDATA[Ponzu: Conviction Tokens]]></title>
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      <description><![CDATA[Tokens have devolved into casinos. What if you could engineer a token that was economically irrational to dump in the first hour. Can you put conviction onchain?]]></description>
      <pubDate>Sun, 08 Feb 2026 00:00:00 GMT</pubDate>
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      <title><![CDATA[The Leap of Faith]]></title>
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      <description><![CDATA[This is a letter to founders staring at their screen right now, wondering if it's over.]]></description>
      <pubDate>Fri, 06 Feb 2026 00:00:00 GMT</pubDate>
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      <title><![CDATA[Three Games, One Table]]></title>
      <link>https://ponzu.app/articles/three-games-one-table</link>
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      <description><![CDATA[Every token launch has three players at the table. Each playing a completely different game. Took me eight years to finally see it.]]></description>
      <pubDate>Sun, 25 Jan 2026 00:00:00 GMT</pubDate>
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      <title><![CDATA[Long Conviction]]></title>
      <link>https://ponzu.app/articles/long-conviction</link>
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      <description><![CDATA[A counter-thesis to betting on extraction. The game can be changed. And the tool that changes it is the one thing that can't be faked, bought, or botted. Time.]]></description>
      <pubDate>Wed, 31 Dec 2025 00:00:00 GMT</pubDate>
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