6187
WebOfTrust
@weboftrust #6187
Learning and contributing. Optimist ✨🔴_🔴✨
44486 Follower 1712 Following
Old folks in this space could related, this crash feels somewhat unnatural, and if we are already in a bear market, it is even more frustrating and could potentially mark the end of the 4-year bear-bull cycle. Aside from BTC, Solana, XRP, and a few newer coins, most projects have not reached a new ATH.
It's not a bad idea to reflect on the past. (March 2023)
Bitcoin remains a digital store of value, Tether continues to dominate the stablecoin market despite numerous accusations, XRP has surged nearly fourfold and won its case against the SEC, and, finally, one glorious collapse of a notorious Ponzi scheme
Bitcoin remains a digital store of value, Tether continues to dominate the stablecoin market despite numerous accusations, XRP has surged nearly fourfold and won its case against the SEC, and, finally, one glorious collapse of a notorious Ponzi scheme
Quite possibly the best time to do a TGE
Love to see the Safe team sharing a postmodern of the recent ByBit hack, coming out in public, and accepting that their product was compromised.
One open question remains though, how come one developer holds access to push directly to prod.
https://x.com/safe/status/1894768522720350673
One open question remains though, how come one developer holds access to push directly to prod.
https://x.com/safe/status/1894768522720350673
From revenue standpoint, launching a chain is an excellent choice, give you play your marketing card well but its a nightmare from user standpoing. One more bridge, new smart contract risk, wallet management and so on..
https://x.com/Cointelegraph/status/1894008627184505263
https://x.com/Cointelegraph/status/1894008627184505263
Look around and see who is asking for a supporting rollback, remember their names, they are the bad actors in space, avoid them like a plaque
(not so) popular opinion, wallet built in warpcast has bigger impact than frame, from an user perspective.
Inherently crypto is associated with ownership, experiment and trying new things, be it defi, nft, self custody or degen activity.
Warpcast wallet made this noob friendly, imo one the biggest feature upgrade.
Inherently crypto is associated with ownership, experiment and trying new things, be it defi, nft, self custody or degen activity.
Warpcast wallet made this noob friendly, imo one the biggest feature upgrade.
It's not even the weekend, register ens, open CDP position, main net is L2 now.
We need more of this, ensuring compliance and consumer protection + supporting digital asset, meme or otherwise
https://x.com/Cointelegraph/status/1890883948093280604
https://rulebooks.vara.ae/rulebook/part-i-marketing-virtual-assets-and-related-activities
https://x.com/Cointelegraph/status/1890883948093280604
https://rulebooks.vara.ae/rulebook/part-i-marketing-virtual-assets-and-related-activities
Yap is a unique experiment. Post about Kaito to give the project more reach while boosting your own Yap Points, creating a reward loop.
If the pre-market valuation is correct, this will be the biggest airdrop to date for folks active on X.
https://x.com/_kaitoai/status/1890379872280682548
If the pre-market valuation is correct, this will be the biggest airdrop to date for folks active on X.
https://x.com/_kaitoai/status/1890379872280682548
$LIBRA
- snipped at block 0, some of the early Melina and trump buyers bought and already millions in profit
- jumped from 0 to 4B and back to 1B
- all within couple of hours.
Crime is indeed legal now.
- snipped at block 0, some of the early Melina and trump buyers bought and already millions in profit
- jumped from 0 to 4B and back to 1B
- all within couple of hours.
Crime is indeed legal now.
I am heavy mobile user and If you're building a mobile wallet app, look into the Coinbase wallet and what makes them unique.
Their inbuilt browser is the best in the market, before anything try to bring your browser support to their level.
Their inbuilt browser is the best in the market, before anything try to bring your browser support to their level.
Pectra hardfork is coming birnging of improvement but I am excited for EIP-7702.
now wallet will support :
- session key
- asset recovery
- passkeys
- gas sponsorship and more
big step towards making wallet smart
now wallet will support :
- session key
- asset recovery
- passkeys
- gas sponsorship and more
big step towards making wallet smart
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
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.
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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
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"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.
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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.
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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.
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.
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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
Iterative approach is the best way to build in the market, deploy quickly, gather feedback, implement and repeat.
First Degen and Moxie trying to counter spam - building on feedback.
First Degen and Moxie trying to counter spam - building on feedback.
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apart from self-custodial, one clear use of crypto is p2p transfer and remittance, imagine paying 100 USD on 10K transfer. The biggest missing piece is clear guidelines from the government.
