itzler Profile Banner
itzler Profile
itzler

@jitzler1

7,406
Followers
1,487
Following
35
Media
302
Statuses

Joined April 2013
Don't wanna be here? Send us removal request.
@jitzler1
itzler
3 years
a little thread around some current thinking on CC0 NFT projects:
9
79
358
@jitzler1
itzler
3 years
It remains just an experiment, but the @lootproject ecosystem has an eerie amount of similarity to early ethereum - immaculate conception by legendary figure - immediate influx of interest to an open canvas - 2017 ICO mania -> Loot derivative mania
14
42
317
@jitzler1
itzler
3 years
some personal news - i’m transitioning to a part-time venture partner @variantfund looking to get deeper into the weeds, experiment, and explore what comes next
15
1
263
@jitzler1
itzler
3 years
I’m thrilled to announce I’ve joined @variantfund , where I’ll be helping entrepreneurs build the future of finance & culture alongside @jessewldn , @spencernoon , and our advisors @StaniKulechov , @Cooopahtroopa , @jchervinsky .
17
9
200
@jitzler1
itzler
3 years
the OG music NFT thesis similar to early cryptoartists ( @XCOPYART , @Coldie , @muratpak , etc), the earliest successful pioneers of music will go down as category defining their pieces will ultimately be coveted & valued as historically significant
20
24
178
@jitzler1
itzler
3 years
we’re watching the revolution of the music industry happen in real time on @soundxyz_ , on @catalogworks , on @ourZORA via creator DAO’s like @imdanielallan , @IbnInglor , @goodkarmadao it’s pretty crazy
15
18
181
@jitzler1
itzler
3 years
for those of you that want to get started with collecting 1/1 music NFT's, but aren't sure where to start here's a (non-complete) list of some of my favorite artists: @CallMeLatasha @oshimakesmusic @imdanielallan @matthewchaim @HaleekMaul @Verite @ConnieDigital @whoinvitedgrady
17
24
156
@jitzler1
itzler
3 years
pictured: me getting murked in the CC0 metaverse
Tweet media one
13
13
156
@jitzler1
itzler
3 years
there’s too many things that are intellectually/philosophically compelling about @nounsdao to not have one welcome Noun #146
Tweet media one
16
6
146
@jitzler1
itzler
3 years
extremely impressed by @ribbonfinance ’s go-to-market thus far, looking at it as something of an updated playbook
5
6
129
@jitzler1
itzler
2 years
one of the most interesting questions in crypto rn: what is the 2021 equivalent of 2017’s cryptopunks / cryptokitties?
28
6
123
@jitzler1
itzler
4 years
On protocol tokens and on-chain cash flows “This paper aims to lay out a framework for protocol-generated value flows, the sets of stakeholders to which value is distributed, and how a native token fits in”
3
31
118
@jitzler1
itzler
3 years
We’re excited to kick off the launch by @PrtyDAO with a PartyBid: BlitSquad by Variant The piece we’ll be bidding on is: @Blitmap - The Collection
Tweet media one
5
13
96
@jitzler1
itzler
3 years
minted 25 Song A Day’s from @songadaymann this morning he’s OG, cryptonative, and a music pioneer feels like a historical moment & collection for music NFT movement
3
4
75
@jitzler1
itzler
3 years
tldr: cc0 NFT projects have the potential to grow into globally loved universes that are community owned, have community-written lore, community designed game modules, etc key open question: what are the right models & mechanisms to incentivize extension rather than forking
9
3
75
@jitzler1
itzler
3 years
simple mech that i’d love to see - NFT Raffles - seller specifies price & number of slots ($1k NFT, 20 slots of $50) - entrants deposit, can withdraw until all slots filled, can buy unlimited # of slots - once filled, uses i.e. Chainlink VRF to select winning slot
10
2
74
@jitzler1
itzler
2 years
I think the things i’m currently most excited about (cc0 nft brands/universes, on-chain games, nft financialization, etc) are more like DeFi in that they'll be consensus much sooner very few predicted the ascension of nft's / pfp's in 2018/19
3
2
70
@jitzler1
itzler
3 years
just minted my first ever piece of music a testament to how much i've been inspired by the burgeoning .wav NFT community, as well as how easy it is to create on @arpeggi_labs
10
4
72
@jitzler1
itzler
3 years
if a protocol is user owned & operated, why would users choose to extract fees on themselves? the simple case for hyperstructures
8
7
68
@jitzler1
itzler
6 years
@KyleSamani A couple of numbers per Bitmain's leaked IPO filing (March '18): *22,082 BTC @ 150M acquisition price. Worth 85M today *931,932 LTC @ 51M acquisition price. Worth 30M today *1,021,316 BCH @ 885M acquisition price. Worth 180M today They own[ed] roughly 6% of outstanding BCH.
5
14
56
@jitzler1
itzler
3 years
Extremely excited to be working alongside @ljin18 and @medhakothari Both are exceptionally critical thinkers. They also have an unmatched passion in helping crypto founders revolutionize ownership on the internet.
@ljin18
Li Jin
3 years
Sharing some big news today 🔥 @AtelierVentures and @VariantFund are joining forces! Together, our partnership will advance a more meritocratic internet, and push towards a future in which users own the products and services they use.
144
72
1K
4
3
64
@jitzler1
itzler
3 years
sup
Tweet media one
8
25
57
@jitzler1
itzler
3 years
great ecosystems tend to massively reward their earliest successes If you’re building something interesting on Loot with an eye for the long term, reach out - DM’s are open
0
0
54
@jitzler1
itzler
2 years
it's not often that a v1 product becomes a verb congrats @john_c_palmer , @daranda , & the rest of the @prtyDAO team, very excited about what's coming
@prtyDAO
PartyDAO
2 years
🚂🚃🚃 All aboard! The PartyDAO adventure continues… We're excited to announce our $16.4M fundraise led by @a16z crypto with participation from some of the best investors and founders around. ⬇️Read on for more…
Tweet media one
70
77
440
3
33
47
@jitzler1
itzler
3 years
I focus on the marketplaces I believe are most instrumental to the movement: @ourzora - launched in jan 2021, first pure audio NFT mint on jan 23 @catalog - built on zora, focused on curated 1/1's, first mint on march 10 @soundxyz - curated drops of editions, first mint on dec 7
4
2
51
@jitzler1
itzler
8 months
excited to back the team @ggdotzip IRL crypto hunger games using VR + geolocation. speculators can live bet on players via friend tech style bonding curves if you need a code:
@ggdotzip
GG
8 months
Welcome to GG: Solana Hunger Games 🏹 We've raised from top crypto-gaming VC @Delphi_Digital to build an on-chain game merging augmented reality and social-fi in a hunt for glory and SOL Details on how to get Early Access + Claim [REDACTED] at the end of the thread 👇
3K
2K
4K
18
5
43
@jitzler1
itzler
3 years
decentalized fictional universes - brands, games, & media built on top of open sourced IP
@jpatten__
✨ John Patten
3 years
What niche sector is the DeFi of next cycle? (Existed barely in 2017 but drove the next bull run)
26
9
120
3
23
49
@jitzler1
itzler
3 years
gm
Tweet media one
4
2
50
@jitzler1
itzler
3 years
NFT’s are tokenized IP the model for value capture becomes inherent to the asset the incentives change - copies & external usage of the IP should make the original more valuable
1
5
47
@jitzler1
itzler
3 years
the first core idea - copyright is fundamentally incompatible with NFT’s & the internet in the old world, you had to monetize IP by extracting value from fans/users, and creating an off-chain legal guard against anyone else doing the same
2
2
49
@jitzler1
itzler
3 years
for now i’ll be jamming with early stage projects, angel investing, contributing to DAO’s, collecting NFT’s, and doubling down on current interests (CC0 projects, game economies, music, etc) as well as future ones if you’re working on cool stuff, DM’s always open
7
0
45
@jitzler1
itzler
3 years
but most importantly, builders continue to make an insane amount of cool stuff most is unlikely to stand the test of time, but there’s an opportunity for the Maker/Aave/0x’s of 2017 to emerge.
@jonjyan
jon yan
3 years
Update on @lootmart_xyz : 1. The squad is growing; @garythung (contracts), @dribnet (author of CLIPIT), @blocksandpixels (scaling art rendering). 2. We're starting to work on our Loot adventurer equipper (demo 👇) 3. We're looking for a front-end wizard to join the squad DMs open!
35
126
608
3
2
41
@jitzler1
itzler
3 years
the thing about these folks is that they're not just talented they're the earliest pioneers in a movement that will ultimately go down in history as reshaping the entire music industry
6
0
45
@jitzler1
itzler
5 months
think this is the first podcast that i’ve done - @friendtech - @farcaster_xyz - @fantasy_top_ the 3 horses of crypto x social adoption one of the most exciting categories in the space
@wilburforce_
Will Sheehan
5 months
This week @jitzler1 came on the pod to discuss social apps Itzler has a good track record of being early and right!
0
4
26
4
2
52
@jitzler1
itzler
3 years
the projects (brands, games, etc) building with this mentality become less like Disney/Nintendo/Nike and more like open source protocols copyright of an NFT is like close-sourcing something you want everyone to integrate
1
0
40
@jitzler1
itzler
3 years
- “the world computer” w/o much substance -> “base layer of the metaverse” - dissent from bitcoiners -> dissent from punk owners - earliest adopters made rich with natural incentive to reinvest in ecosystem
2
1
41
@jitzler1
itzler
3 years
one idea i like is NFT swaps (h/t @js_horne ) fund derivatives via core DAO/org, do an NFT swap (or fractions / tokens) between the respective treasuries, align two projects in non-extractive way
2
3
41
@jitzler1
itzler
3 years
⁃ launch TVL-capped product - airdrop non-transferable token to early participants - slowly raise TVL caps, ongoing liquidity mining via non-transferable token. - program + withdrawal fees designed to penalize early exits & mercenaries
2
0
40
@jitzler1
itzler
3 years
I've been living on the [redacted] beta for the last 2 days this platform genuinely surfaces alpha ft. @Vince_Van_Dough
Tweet media one
6
5
40
@jitzler1
itzler
3 years
ok @_anishagnihotri is not from this planet Waffle 🧇
@_anishagnihotri
Anish Agnihotri
3 years
@jonitzler I wrote up the contracts on Friday: . Still untested because I couldn't conveniently mock Chainlink VRF response on hardhat forknet, but some testing grease + a frontend and we can make it functional.
4
1
82
2
1
40
@jitzler1
itzler
4 years
COMP distribution launching in 2 days. Here’s what the daily distribution per market would have been if it had started a month ago
Tweet media one
3
9
37
@jitzler1
itzler
2 years
- hyped at the time, brought a new kind of user in (or had no hype) - broadly dismissed as toy/too early for 2-3 years - the medium it introduced ultimately comes to define the next era
5
1
32
@jitzler1
itzler
3 years
just quietly won this auction for Dogeclosure by @disclosure from first hand experience - the connection you feel to the artist & music after owning the nft is something special hyped for the song as well
4
1
34
@jitzler1
itzler
3 years
#flashbots daily miner payments have grown by an order of magnitude over last few weeks 4 new mining pools using mev-geth since the last transparency report, up to ~35% of total ethereum hashrate by my count
Tweet media one
1
1
32
@jitzler1
itzler
3 years
the questions shift to: 1. what is the right org structure for building an IP protocol? 2. what are the right incentives for producing a flourishing ecosystem of derivatives and 2nd layer “integrations” of the IP?
1
1
31
@jitzler1
itzler
3 years
the idea that initially nerdsniped me on @nounsdao treasury could effectively serve as a central bank offering fixed rate liquidity to nouns as collateral, burn = liquidation prob not a priority, + challenges around book value oracle as DAO spends ETH, but cool to think about
Tweet media one
1
1
32
@jitzler1
itzler
3 years
@nounsdao - start as a DAO with continuous source of funding, aggressively fund things that proliferate the IP @lootproject - completely bottoms-up, extremely accessible to 3rd party projects, but lacks a foundation of centralized core-team & funding
1
2
31
@jitzler1
itzler
3 years
Was afk for a sec, but here's the updates on Blitmap - The Collection: - piece is now the #1 trending auction on @withFND - the BlitSquad partyBid has been outbid, auction now @ 30 ETH - the current high bidder received a Variant Plan NFT 225 days ago...this is a betrayal
1
2
29
@jitzler1
itzler
3 years
web3 signaling = timestamped proof of economic action the content in social media becomes what people are doing on-chain
4
2
31
@jitzler1
itzler
3 years
dropping some @blitmap x @nounsdao 1/1 derivatives this christmas, minted on @ourZORA DM me if you want one! Fishy Watcher with Nouns glasses:
5
1
29
@jitzler1
itzler
3 years
Noun #146 looking clean in 3D
Tweet media one
7
1
31
@jitzler1
itzler
5 years
Someone should make an ethereum mixer that pays supply siders to keep ether in the pool contract
3
3
28
@jitzler1
itzler
3 years
it’s effectively served as mint pass for active holders, with 1 loot historically granting: - ~30k magic from staking (~$113k) - @treasureDAO nfts (~$85k) - a @Lootrealms nft (~$3k) - lords from staking realms (~$2k) - @GenesisLoot mana (~$1k) - etc
2
2
25
@jitzler1
itzler
3 years
nauted up
Tweet media one
Tweet media two
3
1
28
@jitzler1
itzler
3 years
wrt the first one, we’re seeing a few different models so far @blitmap - start as top-down development by centralized company, progressively decentralize different components (most likely to work imo because we’ve seen it work)
1
2
26
@jitzler1
itzler
3 years
If you’re looking for somewhere to start, this list of artists isn’t comprehensive, but it’s where i’m focused these folks are definitively OG’s
@jitzler1
itzler
3 years
for those of you that want to get started with collecting 1/1 music NFT's, but aren't sure where to start here's a (non-complete) list of some of my favorite artists: @CallMeLatasha @oshimakesmusic @imdanielallan @matthewchaim @HaleekMaul @Verite @ConnieDigital @whoinvitedgrady
17
24
156
1
0
25
@jitzler1
itzler
3 years
but the value of this vibrant derivative ecosystem hasn’t been reflected in loot itself we’re generally missing a strong model for aligning a project with its derivatives
1
2
24
@jitzler1
itzler
3 years
Derivative works are positive sum, ultimately directive of attention & value back to the original. @blitmap & @nounsdao are pioneering a new precedent that includes them.
0
3
25
@jitzler1
itzler
3 years
these are the key attributes i look for in artists when collecting as prominent collectors and larger players like DAO’s ( @noisedao , @MoriiMusic , @deez_dao ) begin to come in, I expect they’ll optimize for the same
1
0
23
@jitzler1
itzler
3 years
2/ cryptonative do they represent crypto culture? are they bottoms up from the community? The most valuable artists won’t be outsiders with traditionally large followings imo
1
0
24
@jitzler1
itzler
3 years
castles are great as fully fledged projects spawning out of the original IP, but the original can struggle to reflect their value loot is an example the combined market cap of projects/NFT’s that started as loot derivatives is >$1.8B while loot’s floor cap is ~$55M
1
1
21
@jitzler1
itzler
3 years
1/ provenance as music NFT’s continue to proliferate and reshape the music industry, there remains a scarce selection of artists that were unforgeably early on-chain you can sort by oldest audio mints on zora:
1
0
23
@jitzler1
itzler
3 years
all of the reals in crypto are absolutely addicted
1
1
21
@jitzler1
itzler
3 years
4/ talent Couldn’t have put it better myself:
@Cooopahtroopa
Coop 🔥_🔥
3 years
Being first does not make you great. Being great makes you first.
45
116
1K
1
0
22
@jitzler1
itzler
3 years
Legal censorship and general condemnation of derivative works is anti open-sourced ethos and reminiscent of maximalism. Granting rights solely over the individual NFT (from a broader collection) to its owner is messy and restrictive. This is the way.
1
3
19
@jitzler1
itzler
3 years
@simondlr cool observation by @ajwaxman a while back in blitmap discord - the art that popularized pikachu is higher fidelity than the original
Tweet media one
3
0
21
@jitzler1
itzler
3 years
Picked up my first Proof of {Art}work by @divergence_art last night - {COMPOSITE VI} 0x722160b4a2
Tweet media one
Tweet media two
Tweet media three
6
2
21
@jitzler1
itzler
3 years
3/ consistency i love to see consistency in minting - relatively frequent timing of drops and spread out over a long period. The larger the the artist’s total portfolio of work, the larger the collector community can be
1
0
21
@jitzler1
itzler
3 years
wrt to the second question, we’ve seen two categories of derivatives - “fireworks vs castles” (mental model by @TimshelXYZ ) fireworks (GAN version, 3D version, etc) are net positive, but can struggle to build their own dedicated community
1
2
20
@jitzler1
itzler
3 years
the caps on TVL create a dynamic where (projected) yield remains outsized & non-dilutable for all that made it in. early users are more likely to have a positive first experience
Tweet media one
2
0
19
@jitzler1
itzler
3 years
the bull case for CC0 - bottom up collective media built on open IP vs. top down copyright
@charl3svii
Charl3s
3 years
2/ The future of web3 native media isn’t recreating top down companies like Disney or Nintendo, it’s about disrupting them by crafting a new internet folklore in the commons, together.
1
1
38
1
2
18
@jitzler1
itzler
3 years
saying NFT’s are perfectly compatible with copyright is like saying open-source protocols are perfectly compatible with closed-source licensing The inherent ability to monetize derivatives or forks ultimately supersedes off-chain enforcement
1
0
17
@jitzler1
itzler
3 years
working full-time with @jessewldn , @spencernoon , @ljin18 , @medhakothari , @gham1lt0n has been tremendous & irreplaceable the rate at which i’ve been able to iterate my thinking around new protocols, investing, go-to-market, and crypto broadly is the fastest it’s ever been
1
0
17
@jitzler1
itzler
3 years
We are back baby
@foundation
Foundation 🌐
3 years
"Blitmap - The Collection" 🌐 @blitmap A community crafted sci-fantasy universe, "The Collection" collages 1,700 Blitmaps in the order they were created. Current bid: 33 $ETH (~$90K USD) by BlitSquad Party Bid via @prtyDAO 🥳 ↳
Tweet media one
7
23
120
0
1
16
@jitzler1
itzler
3 years
The 15 minutes where we were winning was fun, but the party needs help if we want the community to win this one! We can contribute more ETH here: No matter the outcome though, I'm happy to see ETH going to the @blitmap team
0
0
16
@jitzler1
itzler
3 years
each person @variantfund brings an S Tier skillset & perspective and i’ll be continuing to collaborate closely with the team
1
0
15
@jitzler1
itzler
3 years
The mission: Accelerate the adoption of Uniswap v3, encouraging new market participants to experiment with liquidity provision The plan is to start with a small scope on a bi-quarterly basis (renewals approved by gov), with the hopes to expand the program over time
1
0
13
@jitzler1
itzler
3 years
I’m excited to continue working with the incredible projects & founders in the portfolio, as well as discovering & supporting new ones
1
0
15
@jitzler1
itzler
3 years
Uniswap Liquidity Program v0.1 has been updated with feedback incorporated from the community! The snapshot vote is now live and will run for 5 days. The goal is to get a consensus check on beginning the program:
@llamacommunity_
Llama
3 years
Update on Uniswap Liquidity Program v0.1: We appreciate the positive engagement and feedback from the Uniswap community. The proposal has been updated based on feedback. Snapshot vote is live! Update Proposal: Snapshot vote:
4
4
30
0
4
14
@jitzler1
itzler
3 years
bumping the Waffle discord for anyone interested! there's a few folks on board now - could still use help on design/wireframes, contracts/optimizations, testing, etc
@jitzler1
itzler
3 years
if you're interested in Waffle 🧇 and want to help make it into a reality, hop in the discord -
0
0
5
0
1
11
@jitzler1
itzler
3 years
Dogeclosure has officially dropped a certified house banger featuring doge barking and elon snippets ❤️ @disclosure
3
1
13
@jitzler1
itzler
3 years
Claiming my profile on @soundxyz_ ffb302b2-a356-45ca-8764-2e50ebff011a
3
1
12
@jitzler1
itzler
8 months
I VOLUNTEER AS TRIBUTE @ggdotzip is Solana Hunger Games 🏹 I just claimed 282🇬 #gg
1
0
6
@jitzler1
itzler
4 years
thanks to @AshAEgan , @teo_leibowitz , @delitzer , @hasufl , @henrihyvarinen , @hardhathen , @will__price , @LiamKovatch for feedback & conversations, as well as to @tomshmidt , @charlienoyes , @jessewalden + countless others for ideas & papers as insp.
2
0
12
@jitzler1
itzler
3 years
which virtual world will be the most vibrant in 5 years? in terms of builds, users, events, games, + general activity
Decentraland
67
Cryptovoxels
23
Somnium Space
19
Sandbox
81
3
2
11
@jitzler1
itzler
3 years
@nounsdao x @cryptovoxels gallery also coming soon
Tweet media one
0
1
11
@jitzler1
itzler
3 years
one way to incentivize volume directly without incentivizing wash trading: - use TWAP oracle to get USD or ETH price of native token - pay out token rewards equal to the fee on each trade/swap
1
0
11
@jitzler1
itzler
3 years
last poll - which approach is more compelling? a) land is scarce - need to purchase/rent in order to build, skeuomorphic to real world (the 4 listed above) b) land isn’t scarce - is more like a social profile, other in-world scarcity ( @oncyber_io , @Nifty_Island )
land is scarce
25
land isn’t scarce
86
2
0
11
@jitzler1
itzler
3 years
We want the proposal to be a community-driven process and are looking to actively incorporate relevant feedback. Don’t hesitate to share questions and feedback in the forum, we're polling consensus before putting this to a governance vote
0
0
9
@jitzler1
itzler
3 years
In order to join, go to the partyBid and contribute any amount of ETH Once we reach the 12 ETH reserve price, the auction will begin on @withFND . If we remain the highest bidder after 24 hours, the piece will be fractionally owned by all contributing members. let’s party
1
0
11
@jitzler1
itzler
6 months
fantasy is the most egalitarian thing we've ever seen. If it works, can really reshape the fabric of society. monetize your X addiction and claim your airdrop @fantasy_top_ ✨ yeah i'm the official simp of @dwr , @CL207
0
1
10
@jitzler1
itzler
4 years
Dilution (issuance) can reallocate share of future cash flows to specific participants (Tezos developer funding) or fund protocol goods (Maker system insurance). Liquidity mining = dilution as supply/demand-side subsidy, which *can* grow productive cash flow.
Tweet media one
1
0
10
@jitzler1
itzler
5 years
@sunnya97 @el33th4xor Just ended. Here’s link though:
1
2
11
@jitzler1
itzler
4 years
dashboard here if you want to play around:
0
0
10
@jitzler1
itzler
3 years
The proposed committee/multisig is led by @llamacommunity_ , with 3 oversight members - @HelloShreyas ( @llamacommunity_ ) - @verto0912 ( @llamacommunity_ ) - @summmason ( @llamacommunity_ ) - @evabeylin ( @graphprotocol ) - @Arr00c (Compound Governance) - me ( @variantfund )
2
0
9
@jitzler1
itzler
3 years
Each minted blitmap was collector-defined & created. This piece represents the accumulation of the community’s taste. It’s a perfect candidate to exemplify the power of PartyBid + @fractional_art , as one that’s undeniably meant to be owned by the whole community
1
0
10