Fascinating to see the replies here; seems like very few people actually understand how
@helium
works.
Here's a quick thread breaking down exactly how it works and how/where value is generated.
🧵👇
I was looking at
@helium
, and was wondering how it manages to generate actual value. Does it have any own mobile network infrastructure, or is it primarily using hotspots on top of other networks? Need a good article or blogspot that can explain its value generation.
To be clear, Solana is NOT "passing with flying colors".
Many are struggling to get transactions through. I've had tons of failed transactions over the last few weeks, even with simple SOL transfers. Has been worse UX than ETH L2.
I love Solana, but there's work to be done.
memecoins are simply a stress test of the network, and it is passing with flying colors on nearly every metric
we still have several multi billion dollar protocols on solana that are pre-token in other sectors
AI
DePIN
DeFi
Social
Gaming
RWA
just the beginning
I see folks discussing the potential value of the $APE they'll claim tomorrow from
@BoredApeYC
, but some are underestimating the value -- because there is also a staking mechanism over the next 3 years.
I estimate that $APE could be worth >$1M per BAYC or >$200k per MAYC.
🧵👇
Fuck it, pulled the trigger on my first
@y00tsNFT
!
Loved the aesthetic on this one and I'm a fan of
@frankdegods
's approach w/ frequent experimentation. Hearing him on Bankless yesterday just pushed me over the edge.
Everyone around is saying that JPEGs are going to zero. Perfect time for me to spend thousands on a digital squiggly line!
Welcome home to Squiggle
#3066
by
@ArtOnBlockchain
/
@artblocks_io
!
My conviction on
@proof_xyz
and
@moonbirds
is stronger than ever.
Love the cohesive vision they've laid out.
Love the focus on art.
Love the community, which is more vibrant than ever.
Love the Proof team.
Showing that conviction today by picking up a Proof Pass. 🥃
Happy New Years to the
@ParallelTCG
ladder fam!
Wrapped up this season at Diamond III with a 57% win rate. Happy considering I was playing a ton of off-meta decks to experiment this season (Gnaeus & Catherine).
Goal for next year is a consistent 65%+ win rate and Diamond I 🥂
Making a career change (and doxxing myself in the process)!
Excited to say that I'm joining the crypto investing team at VanEck (
@vaneck_us
).
We're thesis-driven and focused on fundamentals, primarily investing in liquid tokens!
A little more on my background (a short 🧵)...
@annaarthoe
Literally everything is benchmarked to USD. Gold, oil, bananas, real estate. Humans like to quantify things into units that they can wrap their heads around, and that's the $.
Kept an eye on the secondary market and just managed to snipe the matching Oddity to my Moonbird! Very pleased to add this odd little fella to my nest today 😎
#oddities
@oddities_xyz
@moonbirds
@chris_taylor_sa
Answer is simple — future of Ethereum is Layer 2.
Ethereum L1 is primarily for bots, protocols, and L2s. None of those care much about fees paid.
@MrBunnyOnX
@coinbase
No idea what you’re doing here, but buying USDC is 100% free on Coinbase for me.
Maybe you’re using a debit card? TradFi cards charge fees and there’s no escaping that.
Some of these takes by the
@moonbirds
community has me scratching my head — some folks are so short-sighted.
I’m thankful that we have leaders with long-term vision in
@kevinrose
and
@JustinMezzell
. I don’t want ponzinomics and monthly airdrops. I want real innovation.
(1/2) 👇🏼
Feelish bullish on
@moonbirds
this morning, despite the flood of FUD on Twitter over the last 24 hours.
A little bit of FUD is actually healthy. We are weeding out those folks that:
(1) don’t align with our ethos
(2) have unrealistic expectations
(3) are chasing a quick flip
@holyghostnft
Ghost, come host an AMA on the Discord! We can make it for holders of 6+ spookies if you want to keep the fudders out of the AMA. Community wants to hear from you, and we can discuss the Roadmap 2.0 live.
The Shanghai upgrade is a great opportunity to spot those on your timeline that have absolutely no clue what they’re talking about.
No, Ethereum won’t dump.
Note:
- Most ETH is already liquid (LSDs)
- Most pre-Shanghai stakers are hardcore bulls
- The withdrawal queue is tiny
@NorthRockLP
You really think that ETH sub-$1,500 has fully baked in the impact of the positive structural flows and all the positive tailwinds/narratives that are still not fully digested by the market? I usually agree with your takes, but disagree with this one.
Bro, how does
@RP_Intern
show up so quickly to any thread about ETH staking? If you even whisper "RocketPool" that guy is ON TOP OF YOU. Honestly impressive.
@AddCommitPush
@opensea
Looks like you printed out this meme, took a picture with a Nokia, faxed it to yourself and then scanned it before Tweeting it out to us. There are max 20 pixels in there.
NFT History is unfolding! 📜📣
The longest loan offer in NFT history is now on Gondi - a 3 year loan collection offer on Chromie Squiggles! 🌈🤯
3 Years / 6.5 wETH principal / 15% APR
Gondi is the home of Squiggle loans 🥂
View the collection offer below 👇🏼
New Slipstream Integration 🚴
@KyberNetwork
have officially integrated Velodrome Slipstream. Bringing increased volume and better execution to
@optimism
.
KyberSwap now improves swap execution for traders by accessing Velodrome's deep liquidity.
@TrustlessState
Even a perfectly executed sybil filtering mechanism will cause uproar... it's unavoidable. Because the sybils are everywhere and quite vocal.
@eferrariph
For me: traditional art felt inaccessible. I wouldn’t even know where to start or who to buy from.
NFT art is so easy. All you need is an ETH address. Anyone can buy anything on a marketplace like OpenSea. No gatekeepers. No permission required. Easy to verify authenticity.
If you own a Moonbird, you’re embarking on a *MULTI-YEAR* journey with Proof as they build out their vision for web3.
If you find yourself disappointed with free socks, you’re probably here for the wrong reasons and should re-evaluate whether this is the project for you.
(2/2)
@PlutusDAO_io
Incredible that nobody in these comments understood the bare minimum before investing.
ALWAYS read the docs before aping.
Yes, your $ARB is locked FOREVER. That is the whole point of this.
In 2 months they open a liquidity pool for $plsARB. But your $ARB is still locked.
@iamDCinvestor
@doodles
Flow is an especially odd decision when L2 Ethereum is here and working seamlessly. You don’t need to wait for any of these zk-rollups — Optimism and Arbitrum are thriving. The value prop for these Alt-L1s is evaporating by the day.
@crockpot_xyz
@CirrusNFT
@kevinrose
Dude, this was way more than $200k. There was a hyper rainbow Squiggle in there -- that 1 NFT alone is worth over $200k.
@NicheDown
@brian_armstrong
I'd bet almost no traditional financial institution could handle a random > 10x increase in load on their consumer websites.
@david_r_barrera
@kendaIIc
@jeff_schvey
@ohaiom
Think of it the other way around — nobody can provide any indication that registration is possible for the vast majority of projects / protocols. There is no guidance.
Same way that I can’t “prove” that a unicorn doesn’t exist. But have you ever seen one?
Have
@LITWTF
on my mind tonight. Thinking through some topics for the Treasury governance framework.
Excited for what we’ll accomplish as a DAO. Our littest days are ahead 🔥
And thank you to star litizen
@CryptoblondeEth
for the mug!
@ETHbenezer
@RyanSAdams
@iamjohnoliver
Or Uniswap. Or any number of dapps that work flawlessly and show what DeFi is all about. I have yet to meet a “crypto skeptic” that understands or has used any of the core DeFi primitives.
Big announcement!
We intend to donate 10% of our $EFUT ETF profits () to
@ProtocolGuild
for at least 10 years.
Thank you, Ethereum contributors, for nearly a decade of relentless building & ongoing stewardship of this common infrastructure.
Details 👇
Ooooh, I spot my name 👀
Shame I couldn’t attend the live
@grails
reveal but glad I was there in spirit!
INCREDIBLE curation and presentation by
@eli_schein
and team.
The normie brain cannot comprehend this…
My favorite card game (
@ParallelTCG
) pays me in space coins.
My phone (
@solanamobile
) pays me in dog coins.
My cellphone plan (
@helium_mobile
) pays me in phone coins.
I literally just exist and get coins.
@BusinessMick
@WatcherGuru
Reasons why your argument doesn’t make sense:
- Your credit card is also linked to your name (and your physical address)
- Money is fungible. Whether you spend $10 USD or $10 dollars worth of ETH, you’re still spending the same $10 of absolute value at the time of transaction
@MAYCBoshi
@sbcollector
@opensea
They already do that though. Email them and they’ll refund you the fee. I wouldn’t call that bare minimum, it’s way below the minimum.
@JackNiewold
Definitely a little more friction, but more friction is exactly what normies need to make sure they don’t sign away all their assets to malicious contracts.
Better UI for beginners means a worse UI for power users.
1/ First, let's look at the total amount of tokens per NFT. The initial claim is ~2k per MAYC and ~10k per BAYC, but this more than doubles over a 3-year period with the staking rewards:
I stumbled into
@officialboredAi
at the Mega Mutant reveal and now I'm OBSESSED. They're bringing incredible AI-generated artwork to anyone -- unleash your imagination.
I'll post a fresh artwork daily for the next 7d.
"Polar Express Train w/ Aurora Borealis in Van Gogh Style":
@TrustlessState
@RyanSAdams
"RocketPool is YOUR friendly, decentralized ..." -- I have these words engraved in my brain from hearing them a billion times lmao.
Not even mad though, love RocketPool.
@privateinequity
He is definitely making the biggest mistake of his life by trying to get into IB at that point lmao.
Imagine being a 35 yo former business owner now getting PowerPoint formatting comments from a 24 yo Associate. Literal hell.
@DepecheNode_
It accidentally stumbled into a vibrant art scene early into the NFT movement.
But it doesn't have much else because there isn't much of a reason to build on Tezos. The key value prop (cheap transactions) is also achieved on Ethereum L2. So devs prefer to use L2.
@0xMert_
@daniellehrner
Tbh out of all alt-L1s, you Solana folks are the ones that most recognize the counter-arguments & engage in real discourse. Don’t see that much from the likes of Avalanche and others.
I heavily lean Ethereum, but am bullish on your builders & ecosystem for that reason alone.
@MacroMate8
???
I get that you're biased since you work for them, but huh???
There's literally multiple decentralized alternatives.
Lido is entrenched and benefits from a massive first-mover advantage. Doesn't make it the only option (or even the best option).
4/ Given those figures, here's what the valuations for the INITIAL claim tomorrow morning could look like. I expect that it will likely stabilize in the coming weeks between $50-100k for BAYC and $10-20k for MAYC:
@mattsilv
@DavidSacks
Did we read the same article? It opens with this:
"The U.S. Energy Department has concluded that the Covid pandemic most likely arose from a laboratory leak, according to a classified intelligence report recently provided to the White House and key members of Congress."
@sim78a
@WatcherGuru
Lmao imagine being this confident about something you understand nothing about.
My dude — Chainlink is critical infrastructure for Ethereum. All of DeFi falls apart without it.
@_JKNFT_
@bitfloorsghost
@proof_xyz
On the other hand, feels like the Proof Pass being sunsetted (if that's what's happening) would actually be a positive for Moonbirds. It takes some wind out of MB sails to be the "second-tier" asset in the ecosystem.
Won't be perceived as a positive by NFT Twitter, but it is.
@marshall5912
@tylerootd
You seem to not understand what a pyramid scheme is.
How the game works: they sell you digital objects (in-game cards). You pay money for them. You then play the game. Very simple, and just like Hearthstone.
The difference is those cards you buy are recorded on an NFT rather
@holyghostnft
Honestly, I think this party will be the real catalyst for the project. If it’s executed perfectly, the publicity from this event alone should bring more value than all our marketing dollars previously spent.
@CryptoJeremyYT
@NeonApesYC
@BoredApeYC
1/ There will be selling pressure — which could create a nice selling opportunity. Though what I’m seeing is that (1) the supply at launch will be limited to a small fraction and (2) there will unbelievable demand from folks that can’t afford BAYC/MAYC but want exposure.
3/ That said, that is the value TODAY. What about in 3 years, once the BAYC metaverse is fully fleshed out and NFT adoption has (hopefully) skyrocketed? $30-50bn is an ambitious, but achievable target.
I've just submitted a proposal to
@BendDAO
in order to enable Chromie Squiggles as collateral for NFT loans.
Bend is the leading platform for NFT liquidity. Squiggles are the leading generative art collection. About time we integrate both!