6187
WebOfTrust
@weboftrust #6187
Learning and contributing. Optimist ✨🔴_🔴✨
44355 Follower 1712 Following
to folks attending farcon.
Is there anyone building an OSS Farcaster client?
Is there anyone building an OSS Farcaster client?
I have mentioned /aztec on many occasions and now they are closing in on mainnet I do believe they will gate onboarding with some form of identity verification.
A couple of existing tools that could be used
1) On chain KYC attestation, such as Kraken verify - already around 10K verified addresses https://inkonchain.com/verify
2) Direct deposit from a regulated exchange
3) Direct fiat onboarding via bank/cc - give a fee rebate to users
4) Throttle but allow the address already connected to CEX
5) existing on-chain KYC/POH platform like ZKpassport https://zkpassport.id/
Privacy and OSS are major pillars of Ethereum, and I am rooting for aztec
A couple of existing tools that could be used
1) On chain KYC attestation, such as Kraken verify - already around 10K verified addresses https://inkonchain.com/verify
2) Direct deposit from a regulated exchange
3) Direct fiat onboarding via bank/cc - give a fee rebate to users
4) Throttle but allow the address already connected to CEX
5) existing on-chain KYC/POH platform like ZKpassport https://zkpassport.id/
Privacy and OSS are major pillars of Ethereum, and I am rooting for aztec
We're already one month into this experiment, and you can see the updated leaderboard, which shows whose prediction has been right so far.
and to make a fool of myself, I understood the point distribution system quite and could not make the changes on changes on time. I am still postive but I wanted to sort even more.
Unless a black swan event happens, those predicted TVL gains by others are inflated by margin of 2-3X.
https://opleaderboard.com/
and to make a fool of myself, I understood the point distribution system quite and could not make the changes on changes on time. I am still postive but I wanted to sort even more.
Unless a black swan event happens, those predicted TVL gains by others are inflated by margin of 2-3X.
https://opleaderboard.com/
After holding it for a long time, I finally caved in and tried the warplet.
1) open wallet
2) choose a pair
3) swap
4) done
No need for unnecessary approvals.
Would recommend 10/10
1) open wallet
2) choose a pair
3) swap
4) done
No need for unnecessary approvals.
Would recommend 10/10
If all the unnecessary drama was not enough, they didn't release a csv file of all eligible addresses.
Why do projects hesitate to do it?
Why do projects hesitate to do it?
Satoshi wrote the Bitcoin white paper a decade ago.
Next is Vitalik with smart contract
Curve, uni and Aave continue to inspire and lead DeFi.
Back to today and we are promoting pimping.
What the fk happened to us.
Next is Vitalik with smart contract
Curve, uni and Aave continue to inspire and lead DeFi.
Back to today and we are promoting pimping.
What the fk happened to us.
Just noticed that this was launched from the official Base account.
Are they hacked, intern gone wild or some kind of late April fools joke.
Aren't they supposed to be above the dirt, set a standard, innovative and bring something which is not pump fun fork
Are they hacked, intern gone wild or some kind of late April fools joke.
Aren't they supposed to be above the dirt, set a standard, innovative and bring something which is not pump fun fork
262970
InsideTheSim 🎩🍪
@insidethesim.eth·20:48 16/04/2025
“Base is for HAHAH GET REKT SCRUB”
Pump fun is a meme launch project
Raydium is turning into a meme launch platform
Zora turned into one and surprisingly got support of Base
TGE on megaETH is a launch platform
we got curve, aave, uni and llamaswap in the last cycle and now we are doing innovation in the form of casinos.
Raydium is turning into a meme launch platform
Zora turned into one and surprisingly got support of Base
TGE on megaETH is a launch platform
we got curve, aave, uni and llamaswap in the last cycle and now we are doing innovation in the form of casinos.
-80% in less than 24.
MCap down from 6B to 1B
This was supposed to be the best RWA project, remember the name of anyone who shilled you OM
MCap down from 6B to 1B
This was supposed to be the best RWA project, remember the name of anyone who shilled you OM
6187
WebOfTrust
@weboftrust·19:15 13/04/2025
It hurts to see a token vaporizing 3Billion in less than 15 min, insiders mostly come out winning while normies and their followers left bag holding.
It was Luna last cycle, OM turning into luna of this cycle unless someone exploited the project and sadly there are many more projects in this cycle with Billions in valuation on vapour projects.
It was Luna last cycle, OM turning into luna of this cycle unless someone exploited the project and sadly there are many more projects in this cycle with Billions in valuation on vapour projects.
It hurts to see a token vaporizing 3Billion in less than 15 min, insiders mostly come out winning while normies and their followers left bag holding.
It was Luna last cycle, OM turning into luna of this cycle unless someone exploited the project and sadly there are many more projects in this cycle with Billions in valuation on vapour projects.
It was Luna last cycle, OM turning into luna of this cycle unless someone exploited the project and sadly there are many more projects in this cycle with Billions in valuation on vapour projects.
I am confident that the current L2, also considering MegaETH, is ready to take the next set of users, we don't need 5-20X innovation on the L2 side.
What I feel is needed is wallet experience like Phantom, one approval to swap a token and only one to un/stake. Make it simple and stupid.
What I feel is needed is wallet experience like Phantom, one approval to swap a token and only one to un/stake. Make it simple and stupid.
I miss Aztec, apart from BTC, this was the second project I used thoroughly.
My expectation remains the same from them, offering private transactions and defi
Their interactive roadmap
https://aztec.network/aztec-roadmap
My expectation remains the same from them, offering private transactions and defi
Their interactive roadmap
https://aztec.network/aztec-roadmap
Announce tariff, market dumps, pause tariff, instant V recovery. Declare himself the greatest president of all time.
Living in simulation
Living in simulation
I am not a developer but post from @timdaub.eth speaks volumes.
"Everyone in Ethereum is speaking about serving developers. But the truth is, the average developer experience is only getting worse"
"Sometimes I feel like people in prestigious positions,..., are just tweeting something for the likes, but then their organization does the exact opposite of that".
imo, he nailed almost everything, challanges of a developers, liquidity fragmentation and state of L2s. Not sure if there are more sharing similar concern but afriad to speak up.
https://x.com/timdaub/status/1909519721256431707
"Everyone in Ethereum is speaking about serving developers. But the truth is, the average developer experience is only getting worse"
"Sometimes I feel like people in prestigious positions,..., are just tweeting something for the likes, but then their organization does the exact opposite of that".
imo, he nailed almost everything, challanges of a developers, liquidity fragmentation and state of L2s. Not sure if there are more sharing similar concern but afriad to speak up.
https://x.com/timdaub/status/1909519721256431707
Wallet ux sucks but there are better alternatives compared to Metamask, still, it continues to dominate the market, like a default EVM wallet.
I thought of bridging to Superseed and reading their docs only to find this.
I thought of bridging to Superseed and reading their docs only to find this.
Credit where its due, excellent move from the team. After raising 40M, they are now returning 80% fund back to users.
I didnt put any $$ for many reason but looking forward to see how this experiment plays out.
https://x.com/pain/status/1887126657506656506
I didnt put any $$ for many reason but looking forward to see how this experiment plays out.
https://x.com/pain/status/1887126657506656506
6187
WebOfTrust
@weboftrust·20:47 04/02/2025
In the middle of the panic, when almost 8-10B was liquidated, 180K worth nearly 40M was sent to PAIN meme token pre-sale.
no roadmap and token distribution is yet to be announced, just a single twit and 40M were sent within 2 days.
memecoing, good or bad, is debatable but I think this approach of token lauch is much more better than point farming, doing stupid quest for over a year, finally launch a token only to sit on 3-4th page of coingecko.
no roadmap and token distribution is yet to be announced, just a single twit and 40M were sent within 2 days.
memecoing, good or bad, is debatable but I think this approach of token lauch is much more better than point farming, doing stupid quest for over a year, finally launch a token only to sit on 3-4th page of coingecko.
x.com
In the middle of the panic, when almost 8-10B was liquidated, 180K worth nearly 40M was sent to PAIN meme token pre-sale.
no roadmap and token distribution is yet to be announced, just a single twit and 40M were sent within 2 days.
memecoing, good or bad, is debatable but I think this approach of token lauch is much more better than point farming, doing stupid quest for over a year, finally launch a token only to sit on 3-4th page of coingecko.
no roadmap and token distribution is yet to be announced, just a single twit and 40M were sent within 2 days.
memecoing, good or bad, is debatable but I think this approach of token lauch is much more better than point farming, doing stupid quest for over a year, finally launch a token only to sit on 3-4th page of coingecko.
That's why most will recommend storing a percentage of the folio in BTC. Since the inception of crypto, many projects have come and vanished, some even flipped it for a short period, but BTC continues to display evidence of a digital store of value.
It looks like community-first airdrops and funding initiatives are making a comeback—and the momentum is exciting. First it was Hyperliquid, then Superseed and now AskVenice.
They just aidropped 50% of supply to community.
https://x.com/AskVenice/status/1883925154725552189
They just aidropped 50% of supply to community.
https://x.com/AskVenice/status/1883925154725552189
Significant boost in activity here and the trending tab content is much more versatile.
Hating EF and, to some level, Vitalik is so hot right now.
Trump just made the future multi-chain.
Liquidity and potential new users flowing in, they see a stable usable wallet, extremely cheap fee and thousands speculative asset to ape into.
https://x.com/realDonaldTrump/status/1880446012168249386?t=qiVomeokPRpW7jPtdnmy1g&s=19
Liquidity and potential new users flowing in, they see a stable usable wallet, extremely cheap fee and thousands speculative asset to ape into.
https://x.com/realDonaldTrump/status/1880446012168249386?t=qiVomeokPRpW7jPtdnmy1g&s=19
$XRP is an exception, ever since it was incubated apparently.Everyone I know considers it, as a grift, against Ethos of Blockchain, with no actual adoption.
But it seems everyone outside of the crypto space is bullish on XRP.
Confusion of the highest odda
But it seems everyone outside of the crypto space is bullish on XRP.
Confusion of the highest odda
Seed phrases continue to be the major blocker hindering wider adoption.
They need to go.
They need to go.
Unnecessary debate on Soneium blocking certain things on UI.
I think it's a positive move, many more enterprises are likely to launch L2/L3 chain in the future, and most of them will exercise some degree of control over their chains.
It's about striking a balance between maintaining their reputation, users/creators IP, sustaining market presence, and bridging the gap between Web2 and Web3.
https://soneium.org/en/blog/soneium-mainnet-is-live
I think it's a positive move, many more enterprises are likely to launch L2/L3 chain in the future, and most of them will exercise some degree of control over their chains.
It's about striking a balance between maintaining their reputation, users/creators IP, sustaining market presence, and bridging the gap between Web2 and Web3.
https://soneium.org/en/blog/soneium-mainnet-is-live
one reason scams and insider deals keeps ongoing is that many people in this field have fish memories, and the lack of government regulation further exacerbates the issue.
In the near future, transaction speed(Megaeth) won't be a chain selling point. Even now, very few care about science and logic. On top of that, we already are in a phase where app-specific chains are live( Superseed, CDP-focused,OP stack L2), Uniswap, and soon AAVE.
It's all gonna come to attention span, those capturing it, will win.
It's all gonna come to attention span, those capturing it, will win.
Market kinda accepted the winner of L2s while new L1 are competing against Ethereum/Solana, narrative from L2 to meme and cult coin euphoria to everything AI script.
All within a year, this space moves at an insane speed and sentiment could change anytime.
It's important to take a step back, reflect and focus on important stuff, health, friends and family.
Happy new year to all of you.
All within a year, this space moves at an insane speed and sentiment could change anytime.
It's important to take a step back, reflect and focus on important stuff, health, friends and family.
Happy new year to all of you.
Now I understand why Farcade user MAU is so high, it's simple yet additive.
Do you think it's possible to integrate FP to Farcade @surfcoderepeat
Do you think it's possible to integrate FP to Farcade @surfcoderepeat
Haven't spent much time focusing on this channel. Initially my goal was to share any technical or non technical article or documentation related to Ethereum and the broader ecosystem.
In the coming year, i will focus on
1) learning and sharing knowledge
2) I am active as a delegate in three major L2s and have learned a lot, I will share my rational thoughts on this channel.
In the coming year, i will focus on
1) learning and sharing knowledge
2) I am active as a delegate in three major L2s and have learned a lot, I will share my rational thoughts on this channel.
Looking at wBTC delisting, in next quarter expect USDT to be delisted too. Not sure if it's good or bad but finally we will be able to end the Tether fud.
There is nothing wrong in promoting your project, app or idea but forcing the user to download the app thus needing to import your existing seed phrase doesn't seem right.
20910
Zora
@zora·21:37 18/11/2024
Claim your OP rewards in app.
Namecoin - 2013
Bitshare - 2015
MaidSafeCoin - 2017
EOS -2019
All of them were at the top of CMC. In case you are actively investing, choose wisely for the next leg up
Bitshare - 2015
MaidSafeCoin - 2017
EOS -2019
All of them were at the top of CMC. In case you are actively investing, choose wisely for the next leg up
133
nir.eth
@nir·03:41 16/11/2024
2017 coin: whitepaper
2021 coin: image
2024 coin: cast
2021 coin: image
2024 coin: cast
"After DEGEN notified Conduit that they did not intend to continue as a client, Conduit confiscated the sequencer fees that should have been routed to DEGEN. "
Imagine reading those lines from a service provider. This is a crime not to mention their reputation damage.
Imagine reading those lines from a service provider. This is a crime not to mention their reputation damage.
15983
Jacek.degen.eth 🎩
@jacek·14:05 07/11/2024
1/9 GM Degens, after careful consideration—because it affects you most of all—we’ve decided to share with the community the difficulties we’ve been facing in migrating DEGEN L3 to a new service provider, which has delayed some exciting features. https://paragraph.xyz/@degentokenbase/a-frustrated-migration
Now that the election is over, when do you think Polymarket will launch their own L2?
My guess is less than 6 months
My guess is less than 6 months
Tax reason, expectation to buy lower, lack of trust in the project, there could be many reasons why folks used to sell Airdrop.
Now it's pure hate towards highly inflated VC Projects.
https://x.com/Cbb0fe/status/1852778100448203212?t=BF5X8MbLUnPn4MDT7CITGw&s=19
Now it's pure hate towards highly inflated VC Projects.
https://x.com/Cbb0fe/status/1852778100448203212?t=BF5X8MbLUnPn4MDT7CITGw&s=19
For better or worse, the future of L2s might be tokenless. From what I am reading Scroll and Swell were disappointed while Base continued to dominate the market without a token.
I love Kraken, been using them for quite a while, their support is best in class and excited to see existing institutional-grade companies launching L2 of their own, on Suprtchain.
https://x.com/krakenfx/status/1849089999607582941
I love Kraken, been using them for quite a while, their support is best in class and excited to see existing institutional-grade companies launching L2 of their own, on Suprtchain.
https://x.com/krakenfx/status/1849089999607582941
The downfall of Polygon needs to be studied closely.
They had everything, exploding TVL, great hype with fast and cheap trx, first to lauch zkEVM and yet their dominance is down only.
They had everything, exploding TVL, great hype with fast and cheap trx, first to lauch zkEVM and yet their dominance is down only.
189715
Alliance
@alliance·19:28 21/10/2024
Today, we published our 2024 Crypto Startup Trends Report
Alliance is the leading crypto accelerator and founder community. We receive over 3,000 applications every year from the best crypto startups looking to join our accelerator program.
From this large sample size of applicants, we've derived unique and generalizable insights about each project and its founders.
In this report, we provide trends observed in this application data and add insights as to what they might indicate for the broader startup ecosystem.
Read the full report: https://alliance.xyz/essays/crypto-startup-trends-24
Areas Covered Include:
- Which blockchains do startups choose?
- What type of products are our applicants building?
- In which continents are founders based?
- What keywords are increasingly mentioned on applications?
- Which schools and companies are founders from?
- How are founding teams composed?
Alliance is the leading crypto accelerator and founder community. We receive over 3,000 applications every year from the best crypto startups looking to join our accelerator program.
From this large sample size of applicants, we've derived unique and generalizable insights about each project and its founders.
In this report, we provide trends observed in this application data and add insights as to what they might indicate for the broader startup ecosystem.
Read the full report: https://alliance.xyz/essays/crypto-startup-trends-24
Areas Covered Include:
- Which blockchains do startups choose?
- What type of products are our applicants building?
- In which continents are founders based?
- What keywords are increasingly mentioned on applications?
- Which schools and companies are founders from?
- How are founding teams composed?
One surprising trend I’ve noticed with airdrops is the neglect to consider actual users with on-chain KYC-verified wallets and reward them for supporting the ecosystem.
For example, Gnosis Pay has 3,137 verified wallets, Optimism has over 300K wallets verified by Coinbase/OP Citizen, and Binance has more than 800K on-chain verified wallets.
Additionally, it's easy to filter wallets connected to a CEX on-chain. Moving forward, projects could also include subsets of users displaying human-like behavior, similar to how ZKSync incorporated Farcaster and Lens
https://dune.com/pfedan/gnosispay-stats
https://dune.com/robin_y/binance-soulbound-token
if the goal is to onboard next million users, should we give them a push by rewarding them rather than bots. Seems to a be an missing opportunity.
For example, Gnosis Pay has 3,137 verified wallets, Optimism has over 300K wallets verified by Coinbase/OP Citizen, and Binance has more than 800K on-chain verified wallets.
Additionally, it's easy to filter wallets connected to a CEX on-chain. Moving forward, projects could also include subsets of users displaying human-like behavior, similar to how ZKSync incorporated Farcaster and Lens
https://dune.com/pfedan/gnosispay-stats
https://dune.com/robin_y/binance-soulbound-token
if the goal is to onboard next million users, should we give them a push by rewarding them rather than bots. Seems to a be an missing opportunity.
300898
Optimism
@optimism·17:29 09/10/2024
🔴 Use the Superchain, and reap the benefits 🔴
Today, @Optimism unveils Airdrop #5:
Onchain together, benefit together.
10M+ OP has been allocated to 54k+ unique addresses.
As of today, roughly 550M OP remains for future airdrops.
Today, @Optimism unveils Airdrop #5:
Onchain together, benefit together.
10M+ OP has been allocated to 54k+ unique addresses.
As of today, roughly 550M OP remains for future airdrops.
GnosisPay stats
Free crypto analytics by and for the community. Access crypto data tools and blockchain analytics with 700,000+ dashboards covering DeFi, NFTs, and onchain data. Track meme coin metrics, DEX analysis, and more across dozens of protocols like Ethereum, Bitcoin, and Solana.
dune.com
I'm not sure why Layer 2 solutions and recently launched projects are opting for one-time airdrops when it's clear that multiple airdrops benefit the project more.
With multiple airdrops, you have the opportunity to iterate, adjust your user onboarding strategy based on market sentiment and trends, adopt a progressive approach to filter out bots from real users, and retain user attention over the long term.
With multiple airdrops, you have the opportunity to iterate, adjust your user onboarding strategy based on market sentiment and trends, adopt a progressive approach to filter out bots from real users, and retain user attention over the long term.
300898
Optimism
@optimism·17:29 09/10/2024
🔴 Use the Superchain, and reap the benefits 🔴
Today, @Optimism unveils Airdrop #5:
Onchain together, benefit together.
10M+ OP has been allocated to 54k+ unique addresses.
As of today, roughly 550M OP remains for future airdrops.
Today, @Optimism unveils Airdrop #5:
Onchain together, benefit together.
10M+ OP has been allocated to 54k+ unique addresses.
As of today, roughly 550M OP remains for future airdrops.
You have the funds, resources, skills, and knowledge, and have spent several years building, promoting, and selling something that advocates for self-custody, decentralization, and penalizing bad behavior.
Yet, you choose not to apply the same principles internally. Irony of this space.
Yet, you choose not to apply the same principles internally. Irony of this space.
This is so wholesome, folks like this bring hope into this space.
I have had many interactions with some of the kindest, gracious and benevolent internet strangers. Offering a helping hand and making this space less toxic.
Thank you, kind stranger.
I have had many interactions with some of the kindest, gracious and benevolent internet strangers. Offering a helping hand and making this space less toxic.
Thank you, kind stranger.
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With new highs, crypto will again break into news headlines.
If you folks are reaching out to you, teach them tokeneconomics, MCAP, FDV and token unlock. Share knowledge and let them decide.
If you folks are reaching out to you, teach them tokeneconomics, MCAP, FDV and token unlock. Share knowledge and let them decide.
Millions of dollars are being spent from various DAO treasuries, projects are chain hoping just to extract maximum $$. Market competition and weak business models could be another reason.
Tragedy is that they are showing bot and mercenary activity as MAU while truth is many of them will die out if DAO grants stop
Tragedy is that they are showing bot and mercenary activity as MAU while truth is many of them will die out if DAO grants stop
EF selling ETH is the new meta. Apparently funding resources and paying bills is net negative to this market
