16 days ago
Daily Memecoin Recap - November 18
Coins were weird today - there was still hella money to be made
Trump To Buy A Crypto Trading Venue
$bakkt -> hit $42m
$bkkt -> hit $28m , Bakkt Holdings Inc
$jammy -> hit $466k , bkkt founder's dog
- realDonaldTrump's social media company is in talks to buy BAKKT
McDonalds Cat
$mello -> hit $18m
- doodles partnership with McDonalds
Next Moo Deng?
$kirby -> hit $31m , baby elephant
Vvaifu Pushes
$vvaifu -> hit $210m
- vvaifudotfun's agent
- Vvaifu allows you to launch AI agents with a token
Science Meta
$rif -> hit $251m , pumpdotscience
$uro -> hit $154m
$pro -> hit $25m
$anti -> hit $25m
$E =MC² -> hit $15m , Euphoria = Meme × Community²
$cris -> hit $10 .6m, crispr
$life -> hit $6 .8m
Peanut's Dog
$peanut -> hit $37m , OG Peanut coin (community driven)
$tucker -> hit $10m , $pnut 's dog
#marshall -> hit $540k , Peanut's best friend
Artificial Intelligence
$eliza -> hit $52m
$gnosis -> hit $14 .4m
$flower -> hit $6 .8m
$wizard -> hit $5 .5m
$▶︎ • -> hit $4 .2m, AI music agent that generates tracks inspired by real-time events
$π -> hit $3 .3m
$laila -> hit $3 .1m
$ae -> hit $2 .4m
Chill Guy
#chillguy -> hit $43 .5m, viral tiktok meme
Animal Memes
$arie -> $2 .5m to $20 .7m (8.3x)
$meng -> hit $4 .9m, rabbit meme
$long -> hit $4 .8m, longcat
$bark -> hit $3 .8m, barking dog, high volume
#scratch -> hit $677k , dj cat
$albert -> hit $617k , alligator
More Cooks
$🟥🟩 -> hit $50m
$chatty -> hit $15m , ChatGPTapp mascot
$bayc -> hit $6 .45m
$fa =fo -> hit $5 .5m, fuck around = find out
$mes -> hit $5 .4m, Meme Economy Simulation
$💎🙌 -> hit $2 .9m
$ticker -> hit $2 .5m, "what's the ticker"
$🟩🐿 -> hit $912k
$🔴🟢 -> hit $767k
$khabib -> hit $750k , Hasbulla's best friend
Did you cook? 👨🍳
Coins were weird today - there was still hella money to be made
Trump To Buy A Crypto Trading Venue
$bakkt -> hit $42m
$bkkt -> hit $28m , Bakkt Holdings Inc
$jammy -> hit $466k , bkkt founder's dog
- realDonaldTrump's social media company is in talks to buy BAKKT
McDonalds Cat
$mello -> hit $18m
- doodles partnership with McDonalds
Next Moo Deng?
$kirby -> hit $31m , baby elephant
Vvaifu Pushes
$vvaifu -> hit $210m
- vvaifudotfun's agent
- Vvaifu allows you to launch AI agents with a token
Science Meta
$rif -> hit $251m , pumpdotscience
$uro -> hit $154m
$pro -> hit $25m
$anti -> hit $25m
$E =MC² -> hit $15m , Euphoria = Meme × Community²
$cris -> hit $10 .6m, crispr
$life -> hit $6 .8m
Peanut's Dog
$peanut -> hit $37m , OG Peanut coin (community driven)
$tucker -> hit $10m , $pnut 's dog
#marshall -> hit $540k , Peanut's best friend
Artificial Intelligence
$eliza -> hit $52m
$gnosis -> hit $14 .4m
$flower -> hit $6 .8m
$wizard -> hit $5 .5m
$▶︎ • -> hit $4 .2m, AI music agent that generates tracks inspired by real-time events
$π -> hit $3 .3m
$laila -> hit $3 .1m
$ae -> hit $2 .4m
Chill Guy
#chillguy -> hit $43 .5m, viral tiktok meme
Animal Memes
$arie -> $2 .5m to $20 .7m (8.3x)
$meng -> hit $4 .9m, rabbit meme
$long -> hit $4 .8m, longcat
$bark -> hit $3 .8m, barking dog, high volume
#scratch -> hit $677k , dj cat
$albert -> hit $617k , alligator
More Cooks
$🟥🟩 -> hit $50m
$chatty -> hit $15m , ChatGPTapp mascot
$bayc -> hit $6 .45m
$fa =fo -> hit $5 .5m, fuck around = find out
$mes -> hit $5 .4m, Meme Economy Simulation
$💎🙌 -> hit $2 .9m
$ticker -> hit $2 .5m, "what's the ticker"
$🟩🐿 -> hit $912k
$🔴🟢 -> hit $767k
$khabib -> hit $750k , Hasbulla's best friend
Did you cook? 👨🍳
24 days ago
Daily Memecoin Recap - November 10
Binance spot listings??? 2025 is going to be a crazy year
Binance Spot Listings
$pnut -> $75m to $443m (5.9x)
$act -> $17m to $306m (18x)
- This is a HUGE deal, binance never lists shitcoins on spot
Act & Pnut Betas
$fred -> $3 .5m to $15 .6m (4.5x)
$act -> hit $1 .7m, act II (sequel to $act )
Slerf Artist
$cope -> hit $10 .5m, cult of pepe
- Launched by the $SLERF artist
Pepe's OG Name
$sapo -> hit $8 .3m, sapo the frog
- Alex Jones got sued by Matt Furie for selling pepe posters
- Jones showed evidence that sapo was the original pepe the frog
Goat Deployer Wallet
$gato -> hit $2 .4m, el gato
Artificial Intelligence
$groink -> hit $3 .1m
$quo -> hit $3m
$ditto -> hit $1 .6m, self-building coding agent
High Volume
$cents -> hit $63m
$pippin -> hit $41 .1m
#truthiness -> hit $17m , Cult of truthiness, CTO based on a truth_terminal tweet
#gophers -> hit $3 .7m, green mouse
$nvidia -> hit $3 .2m, nvidia on sol, the highest market cap stock
More Cooks
#skg888 -> hit $11m
$jorkin -> hit $7 .5m
$iris -> hit $7 .5m
$x -> hit $4 .18m, X is the legacy media killer
$black -> hit $4m , black hole
#memecoin -> hit $1 .2m, memecoin supercycle
#ahhcoin -> hit $1 .1m
$bfwog -> hit $840k , baby $fwog
$game -> hit $826k , Game is game
$mo -> hit $735k
$fug -> hit $640k
$rave -> hit $565k
$code -> hit $455k , cult of doge
$neiko -> hit $313k
Which coin will binance list next? 👀
Binance spot listings??? 2025 is going to be a crazy year
Binance Spot Listings
$pnut -> $75m to $443m (5.9x)
$act -> $17m to $306m (18x)
- This is a HUGE deal, binance never lists shitcoins on spot
Act & Pnut Betas
$fred -> $3 .5m to $15 .6m (4.5x)
$act -> hit $1 .7m, act II (sequel to $act )
Slerf Artist
$cope -> hit $10 .5m, cult of pepe
- Launched by the $SLERF artist
Pepe's OG Name
$sapo -> hit $8 .3m, sapo the frog
- Alex Jones got sued by Matt Furie for selling pepe posters
- Jones showed evidence that sapo was the original pepe the frog
Goat Deployer Wallet
$gato -> hit $2 .4m, el gato
Artificial Intelligence
$groink -> hit $3 .1m
$quo -> hit $3m
$ditto -> hit $1 .6m, self-building coding agent
High Volume
$cents -> hit $63m
$pippin -> hit $41 .1m
#truthiness -> hit $17m , Cult of truthiness, CTO based on a truth_terminal tweet
#gophers -> hit $3 .7m, green mouse
$nvidia -> hit $3 .2m, nvidia on sol, the highest market cap stock
More Cooks
#skg888 -> hit $11m
$jorkin -> hit $7 .5m
$iris -> hit $7 .5m
$x -> hit $4 .18m, X is the legacy media killer
$black -> hit $4m , black hole
#memecoin -> hit $1 .2m, memecoin supercycle
#ahhcoin -> hit $1 .1m
$bfwog -> hit $840k , baby $fwog
$game -> hit $826k , Game is game
$mo -> hit $735k
$fug -> hit $640k
$rave -> hit $565k
$code -> hit $455k , cult of doge
$neiko -> hit $313k
Which coin will binance list next? 👀
24 days ago
Daily Memecoin Recap - November 10
Binance spot listings??? 2025 is going to be a crazy year
Binance Spot Listings
$pnut -> $75m to $443m (5.9x)
$act -> $17m to $306m (18x)
- This is a HUGE deal, binance never lists shitcoins on spot
Act & Pnut Betas
$fred -> $3 .5m to $15 .6m (4.5x)
$act -> hit $1 .7m, act II (sequel to $act )
Slerf Artist
$cope -> hit $10 .5m, cult of pepe
- Launched by the $SLERF artist
Pepe's OG Name
$sapo -> hit $8 .3m, sapo the frog
- Alex Jones got sued by Matt Furie for selling pepe posters
- Jones showed evidence that sapo was the original pepe the frog
Goat Deployer Wallet
$gato -> hit $2 .4m, el gato
Artificial Intelligence
$groink -> hit $3 .1m
$quo -> hit $3m
$ditto -> hit $1 .6m, self-building coding agent
High Volume
$cents -> hit $63m
$pippin -> hit $41 .1m
#truthiness -> hit $17m , Cult of truthiness, CTO based on a truth_terminal tweet
#gophers -> hit $3 .7m, green mouse
$nvidia -> hit $3 .2m, nvidia on sol, the highest market cap stock
More Cooks
#skg888 -> hit $11m
$jorkin -> hit $7 .5m
$iris -> hit $7 .5m
$x -> hit $4 .18m, X is the legacy media killer
$black -> hit $4m , black hole
#memecoin -> hit $1 .2m, memecoin supercycle
#ahhcoin -> hit $1 .1m
$bfwog -> hit $840k , baby $fwog
$game -> hit $826k , Game is game
$mo -> hit $735k
$fug -> hit $640k
$rave -> hit $565k
$code -> hit $455k , cult of doge
$neiko -> hit $313k
Which coin will binance list next? 👀
Binance spot listings??? 2025 is going to be a crazy year
Binance Spot Listings
$pnut -> $75m to $443m (5.9x)
$act -> $17m to $306m (18x)
- This is a HUGE deal, binance never lists shitcoins on spot
Act & Pnut Betas
$fred -> $3 .5m to $15 .6m (4.5x)
$act -> hit $1 .7m, act II (sequel to $act )
Slerf Artist
$cope -> hit $10 .5m, cult of pepe
- Launched by the $SLERF artist
Pepe's OG Name
$sapo -> hit $8 .3m, sapo the frog
- Alex Jones got sued by Matt Furie for selling pepe posters
- Jones showed evidence that sapo was the original pepe the frog
Goat Deployer Wallet
$gato -> hit $2 .4m, el gato
Artificial Intelligence
$groink -> hit $3 .1m
$quo -> hit $3m
$ditto -> hit $1 .6m, self-building coding agent
High Volume
$cents -> hit $63m
$pippin -> hit $41 .1m
#truthiness -> hit $17m , Cult of truthiness, CTO based on a truth_terminal tweet
#gophers -> hit $3 .7m, green mouse
$nvidia -> hit $3 .2m, nvidia on sol, the highest market cap stock
More Cooks
#skg888 -> hit $11m
$jorkin -> hit $7 .5m
$iris -> hit $7 .5m
$x -> hit $4 .18m, X is the legacy media killer
$black -> hit $4m , black hole
#memecoin -> hit $1 .2m, memecoin supercycle
#ahhcoin -> hit $1 .1m
$bfwog -> hit $840k , baby $fwog
$game -> hit $826k , Game is game
$mo -> hit $735k
$fug -> hit $640k
$rave -> hit $565k
$code -> hit $455k , cult of doge
$neiko -> hit $313k
Which coin will binance list next? 👀
1 month ago
When trading memes:
⁃Volume is the ultimate indicator
⁃Hype is what drives volume
How to spot hype?
⁃Rapidly growing community
⁃Viral social media trends
⁃FOMO
More grind = More gain
⁃Volume is the ultimate indicator
⁃Hype is what drives volume
How to spot hype?
⁃Rapidly growing community
⁃Viral social media trends
⁃FOMO
More grind = More gain
1 month ago
Just announced a partnership with BullVerse!
Check out the $DOUG page on their new social media platform👇
bullverse.io/DougDuckSol
The platform will also later on offer to buy goods directly with Doug, if we decide to list.
Think of it like Facebook marketplace inside Twitter 🤯
Sign up to Bullverse with the link below, you'll get a free verified checkmark for 3 months:
https://bullverse.io?ref=D... (https://bullverse.io/?ref=...)
Check out the $DOUG page on their new social media platform👇
bullverse.io/DougDuckSol
The platform will also later on offer to buy goods directly with Doug, if we decide to list.
Think of it like Facebook marketplace inside Twitter 🤯
Sign up to Bullverse with the link below, you'll get a free verified checkmark for 3 months:
https://bullverse.io?ref=D... (https://bullverse.io/?ref=...)
1 month ago
Daily Memecoin Recap - October 29
$BTC near ATH. What happens next? 👀
Pump Fun On A Fridge
$fridge -> hit $9 .3m, the entire project is ran off a fridge at a local mall
Holy meta
$luce -> $42m to $82m (1.95x), Mascot Of The Holy Year
$buio -> hit $5 .2m, Mascot Of The Unholy Year
$hi -> hit $2m , holy inu, cat meme
#santino -> hit $2m , Luce's Dog
$sky -> hit $1 .3m, Luce's Friend
- $LUCE started a holy meta
High Volume
$catana -> hit $18 .7m, the cat has a sword
$guano -> hit $8m , $617k + in LP Rewards
$animal -> hit $5 .7m
$rlr -> hit $5 .5m, Rizzler, viral tiktoker
#dogenes -> hit $4 .5m, Greek $doge
$frank -> hit $4 .4m, back from the dead
$rp -> hit $3 .9m, red panda, ties to elonmusk
$dg -> hit $1 .5m
Election Meta
$DOGE -> hit $24 .6m to $70m (2.85x), Department Of Government Efficiency, on $eth
$47 -> $8m to $20m (2.5x), Trump will be the 47th president, team dumped, currently sitting at $2 .5m
$djt -> hit $4 .4m, realdonaldtrump, on $eth
$trump -> hit $2m , trumpwifhat, $trump + $wif
$DOGE -> hit $1 .7m on $SOL , beta to the one on $eth
#america -> hit $1m
Mascots
$shibu -> hit $11m , $doge 's mascot, very good community
$rex -> hit $2 .2m, Google Chrome Mascot
$btcwiz -> hit $1 .5m, $bitcoin wizard mascot
$eagle -> hit $772k , American Mascot
Fair Launch
$ff -> hit $5 .5m
- Fair launch a pumpdotfun coin
- Uses AI
Artificial Intelligence
#project89 -> $4m to $16 .5m (4.1x)
$yousim -> hit $19 .5m, based on plastic_labs product
$muradAI -> hit $1m , Murad AI
Genshin Impact
$gacha -> hit $2 .3m
More Cooks
$ban -> $9m to $36m (4x), comedian
#zerebro -> hit $3m
$skito -> hit $2 .2m
#nogambling -> hit $1 .6m, viral video
$imagine -> hit $1 .3m, just imagine
$gta -> hit $1m
$up -> hit $764k
$bid -> hit $640k , break it down, good meme
$mk -> hit $510k
$netcoin -> hit $426k , first bitcoin domain
$dgeen -> hit $215k
What's your top holding rn?
$BTC near ATH. What happens next? 👀
Pump Fun On A Fridge
$fridge -> hit $9 .3m, the entire project is ran off a fridge at a local mall
Holy meta
$luce -> $42m to $82m (1.95x), Mascot Of The Holy Year
$buio -> hit $5 .2m, Mascot Of The Unholy Year
$hi -> hit $2m , holy inu, cat meme
#santino -> hit $2m , Luce's Dog
$sky -> hit $1 .3m, Luce's Friend
- $LUCE started a holy meta
High Volume
$catana -> hit $18 .7m, the cat has a sword
$guano -> hit $8m , $617k + in LP Rewards
$animal -> hit $5 .7m
$rlr -> hit $5 .5m, Rizzler, viral tiktoker
#dogenes -> hit $4 .5m, Greek $doge
$frank -> hit $4 .4m, back from the dead
$rp -> hit $3 .9m, red panda, ties to elonmusk
$dg -> hit $1 .5m
Election Meta
$DOGE -> hit $24 .6m to $70m (2.85x), Department Of Government Efficiency, on $eth
$47 -> $8m to $20m (2.5x), Trump will be the 47th president, team dumped, currently sitting at $2 .5m
$djt -> hit $4 .4m, realdonaldtrump, on $eth
$trump -> hit $2m , trumpwifhat, $trump + $wif
$DOGE -> hit $1 .7m on $SOL , beta to the one on $eth
#america -> hit $1m
Mascots
$shibu -> hit $11m , $doge 's mascot, very good community
$rex -> hit $2 .2m, Google Chrome Mascot
$btcwiz -> hit $1 .5m, $bitcoin wizard mascot
$eagle -> hit $772k , American Mascot
Fair Launch
$ff -> hit $5 .5m
- Fair launch a pumpdotfun coin
- Uses AI
Artificial Intelligence
#project89 -> $4m to $16 .5m (4.1x)
$yousim -> hit $19 .5m, based on plastic_labs product
$muradAI -> hit $1m , Murad AI
Genshin Impact
$gacha -> hit $2 .3m
More Cooks
$ban -> $9m to $36m (4x), comedian
#zerebro -> hit $3m
$skito -> hit $2 .2m
#nogambling -> hit $1 .6m, viral video
$imagine -> hit $1 .3m, just imagine
$gta -> hit $1m
$up -> hit $764k
$bid -> hit $640k , break it down, good meme
$mk -> hit $510k
$netcoin -> hit $426k , first bitcoin domain
$dgeen -> hit $215k
What's your top holding rn?
1 month ago
Daily Memecoin Recap - October 26
Decent volume for a Saturday
Minecraft Meta
$pig -> $664k to $9 .18m (13.8x), minecraft pig, first mover
$steve -> $20k to $1m (50x)
$test -> hit $2 .44m, first coin deployed on Minecraft by stevetoshi
#minecraft -> hit $941k
$dog -> hit $367k , minecraft dog
Dubai Baby Rhino
$onyx -> hit $3 .88m
- Dubai Safari releases the name of their baby rhino
Dog Meta
$wiz -> hit $1 .83m, wizard dog, same dev as #moodeng
Artificial Intelligence
$shegen -> $20 .75m to $44 .7m (2.2x)
#project89 -> $4 .58m to $31m (6.7x)
#memesAI -> $4 .6m to $45m (9.8x)
$chaos -> hit $6 .4m
#praiseAI -> hit $2 .45m
#raccoon -> hit $1 .73m, Raccoon AI
$vof -> hit $1 .36m
$ex -> hit $1 .1m, NSFW ai robot
$sara -> hit $800k
#pilgrim -> hit $300k
Goat Betas
#babygoat -> $483k to $8 .3m (17.2x)
$moshi -> $55k to $2 .4m (43x), completely unrelated coin, but since Truth Terminal tweeted "moshi", this one pumped
$moshi -> hit $6 .12m, based on a truth_terminal tweet
#daddygoat -> hit $1m , $goat beta
Place Pixels
$pixel -> hit $6m
More Cooks
$ban -> $2 .5m to $39m (15.6x), viral banana taped to wall
#malakai -> $1 .9m to $6 .33m (3.3x)
$eth -> $600k to $4 .6m (7.6x), based on VitalikButerin's tweet "the ticker is ETH"
#ftj500 -> $390k to $1 .32m (3.38x)
$nofap -> $531k to $1 .6m (3x), ansem replied
$chris -> hit $2 .16m
$x /acc -> hit $1 .8m, extreme accelerationism, good community
$dots -> hit $1 .8m
$swig -> hit $943k , gen z meme
$pan -> hit $816k , comedian pepe
$myst -> hit $782k , $43k + in LP Rewards
$drog -> hit $497k , dog + frog
$escape -> hit $335k , escape the rat race
Are you touching grass?
Decent volume for a Saturday
Minecraft Meta
$pig -> $664k to $9 .18m (13.8x), minecraft pig, first mover
$steve -> $20k to $1m (50x)
$test -> hit $2 .44m, first coin deployed on Minecraft by stevetoshi
#minecraft -> hit $941k
$dog -> hit $367k , minecraft dog
Dubai Baby Rhino
$onyx -> hit $3 .88m
- Dubai Safari releases the name of their baby rhino
Dog Meta
$wiz -> hit $1 .83m, wizard dog, same dev as #moodeng
Artificial Intelligence
$shegen -> $20 .75m to $44 .7m (2.2x)
#project89 -> $4 .58m to $31m (6.7x)
#memesAI -> $4 .6m to $45m (9.8x)
$chaos -> hit $6 .4m
#praiseAI -> hit $2 .45m
#raccoon -> hit $1 .73m, Raccoon AI
$vof -> hit $1 .36m
$ex -> hit $1 .1m, NSFW ai robot
$sara -> hit $800k
#pilgrim -> hit $300k
Goat Betas
#babygoat -> $483k to $8 .3m (17.2x)
$moshi -> $55k to $2 .4m (43x), completely unrelated coin, but since Truth Terminal tweeted "moshi", this one pumped
$moshi -> hit $6 .12m, based on a truth_terminal tweet
#daddygoat -> hit $1m , $goat beta
Place Pixels
$pixel -> hit $6m
More Cooks
$ban -> $2 .5m to $39m (15.6x), viral banana taped to wall
#malakai -> $1 .9m to $6 .33m (3.3x)
$eth -> $600k to $4 .6m (7.6x), based on VitalikButerin's tweet "the ticker is ETH"
#ftj500 -> $390k to $1 .32m (3.38x)
$nofap -> $531k to $1 .6m (3x), ansem replied
$chris -> hit $2 .16m
$x /acc -> hit $1 .8m, extreme accelerationism, good community
$dots -> hit $1 .8m
$swig -> hit $943k , gen z meme
$pan -> hit $816k , comedian pepe
$myst -> hit $782k , $43k + in LP Rewards
$drog -> hit $497k , dog + frog
$escape -> hit $335k , escape the rat race
Are you touching grass?
2 months ago
$POPDOG is now listed on the SuperEX Free Market. Under trading pair POPDOG/USDT! SuperExet (https://x.com/SuperExet)
🐶✅
This is the 3rd exchange listing for POPDOG this month 🚀🚀🚀
What exchange will be next? 🤔😮
http://superex.com/freeMar... https://x.com/messages/med...
🐶✅
This is the 3rd exchange listing for POPDOG this month 🚀🚀🚀
What exchange will be next? 🤔😮
http://superex.com/freeMar... https://x.com/messages/med...
2 months ago
🚨 Nick Szabo overtakes Len Sassaman as Polymarket favorite to reveal Satoshi Nakamoto's identity in HBO documentary.
This comes after the documentary's producer said he confronted who he believes to be Satoshi Nakamoto in person, immediately ruling out Lens Sassaman, who died in 2011.
This comes after the documentary's producer said he confronted who he believes to be Satoshi Nakamoto in person, immediately ruling out Lens Sassaman, who died in 2011.
2 months ago
PREMIERE:
The Problem of Misinformation
We sat down with leading free speech & individual rights advocate NicoPerrino, currently serving at the Foundation for Individual Rights & Expression (TheFIREorg) -- topics include:
🤳 The role of social media
🤫 The dangers of having a "Ministry of Truth"
🤖 The future implications of AI on free speech
🙊 Increasing government control over digital speech
🥸 How misinformation and disinformation are shaping our society
Tune in to hear about the parallels between historical moments of technological change and today's digital challenges, and why timeless principles of free speech remain more relevant than ever 👇
The Problem of Misinformation
We sat down with leading free speech & individual rights advocate NicoPerrino, currently serving at the Foundation for Individual Rights & Expression (TheFIREorg) -- topics include:
🤳 The role of social media
🤫 The dangers of having a "Ministry of Truth"
🤖 The future implications of AI on free speech
🙊 Increasing government control over digital speech
🥸 How misinformation and disinformation are shaping our society
Tune in to hear about the parallels between historical moments of technological change and today's digital challenges, and why timeless principles of free speech remain more relevant than ever 👇
2 months ago
I was there to collect my Lada.
The media had questions and I was happy to answer them.
The media had questions and I was happy to answer them.
2 months ago
The Meta doesn't lie. We are the biggest media project in the solana network.
YOU JEETS JUST DON'T SEEM TO SEE IT. #solanaconfusion #FeykNooz
YOU JEETS JUST DON'T SEEM TO SEE IT. #solanaconfusion #FeykNooz
2 months ago
(E)
Introducing the BullVerse Loyalty Program 🏆
Our Loyalty Program is designed to reward users for their commitment and engagement with our platform. The program will gradually roll out with badges and additional benefits. A task management widget is available to help you track your progress and see how close you are to unlocking your next rewards.
Here’s how it works👇
👉 Each level in the loyalty program unlocks new perks and exclusive features. As users advance through the levels, they gain access to more rewards.
👉 Our program uses a points-based system to calculate your rewards and bonuses. The more points you accumulate, the higher your level and the better the rewards.
👉 We encourage users to upgrade their levels by completing tasks and earning points. Moving up the levels provides more benefits, enhancing their experience.
—————
🎁 Perks and Rewards: Level upgrades gives you access to exclusive benefits such as automatic withdrawals, special bonuses and reserved-features.
🎁 You will start receiving rewards to your wallet as soon as you complete Level 3. Users who complete Level 3 will also unlock the ability to process automatic withdrawals.
‼️ Important: Any attempt to manipulate or trick the system will result in an immediate downgrade or disqualification from the loyalty program.
🙏 The widget has been made live, and those who started using it helped us discover a few issues that have since been addressed.
We encourage everyone (community members & team members) to upgrade their levels as soon as possible.
The only way to reach a new level is by completing the assigned tasks.
What's next ?
Stay tuned for our next announcement regarding giveaways launching very soon on BullVerse, our next big step to bring engagement, revenue and users to the platform !
Our Loyalty Program is designed to reward users for their commitment and engagement with our platform. The program will gradually roll out with badges and additional benefits. A task management widget is available to help you track your progress and see how close you are to unlocking your next rewards.
Here’s how it works👇
👉 Each level in the loyalty program unlocks new perks and exclusive features. As users advance through the levels, they gain access to more rewards.
👉 Our program uses a points-based system to calculate your rewards and bonuses. The more points you accumulate, the higher your level and the better the rewards.
👉 We encourage users to upgrade their levels by completing tasks and earning points. Moving up the levels provides more benefits, enhancing their experience.
—————
🎁 Perks and Rewards: Level upgrades gives you access to exclusive benefits such as automatic withdrawals, special bonuses and reserved-features.
🎁 You will start receiving rewards to your wallet as soon as you complete Level 3. Users who complete Level 3 will also unlock the ability to process automatic withdrawals.
‼️ Important: Any attempt to manipulate or trick the system will result in an immediate downgrade or disqualification from the loyalty program.
🙏 The widget has been made live, and those who started using it helped us discover a few issues that have since been addressed.
We encourage everyone (community members & team members) to upgrade their levels as soon as possible.
The only way to reach a new level is by completing the assigned tasks.
What's next ?
Stay tuned for our next announcement regarding giveaways launching very soon on BullVerse, our next big step to bring engagement, revenue and users to the platform !
2 months ago
At Solana Breakpoint 2024, Charles d’Haussy, CEO of the dYdX Foundation, discussed the protocols’s upcoming enhancements and muse on Solana’s growth.
While dYdX, one of the crypto industry’s oldest decentralized perpetual exchanges, runs its own sovereign appchain, the platform recently integrated Solana-based assets into its platform.
The move brought greater exposure to a wealth of Solana ecosystem tokens, allowing dYdX traders to express their opinion on assets like $SOL , $JUP , and $WIF .
Drawing on his rich experience in the industry, d’Haussy made fascinating remarks about Solana culture.
Solana Builder Energy
When dYdX governance moved to include more Solana-based assets via a Raydium integration in June, d’Haussy and the dYdX were hesitant to approach the Solana community.
“When we started to reach out to the Solana ecosystem, I was kind of cautious and trying to be gentle, not knowing exactly how we would be welcome for conversations about possible integration”
From an outside perspective, blockchain tribalism formed a perceived barrier to entry. Chain maximalism is a serious obstacle within the industry, which is further exacerbated by obstinate and outspoken communities on social media.
Fortunately, away from the noise and distractions of social media, the teams actually building these ecosystems are eager to collaborate and push the collectively push the industry forward. d’Haussy remarked that the Solana Foundation was welcoming and receptive to working alongside teams from alternative ecosystems in the pursuit of progress.
“We were really warmly welcomed. I think the Solana ecosystem has showed us, you want to connect to the Solana ecosystem and bring more mindshare to the Solana ecosystem via your own chain? How can we help you?… The Solana Foundation has been extremely welcoming, connecting us to plenty of people. And the builders were also very welcoming.”
“Sometimes Twitter makes you think that this is all tribes and they look at each other from afar. But the reality is the real builders and the people which are in the industry long enough and for the long term, they are very friendly and they want to grow the cake for everyone.”
Additionally, d’Haussy asserted that “Solana is like Ethereum five years ago”, highlighting the energy and hunger shown by developers building innovative products. The CEO drew comparisons between the atmosphere of week’s earlier Token 2049 conference and Solana Breakpoint.
“We are just out of three days of Token 2049, which is much more salesy and marketing and towards trading activities, which is really the audience of DYDX. So, that was perfect, we had a blast over there. Suddenly, you wake up the next morning and you're going to Solana Breakpoint.”
“It's a bit of a shock for me because suddenly we are surrounded by devs. So, there is this kind of change of seasons overnight between the projects and the business development atmosphere of Token 2049 and here the business, the atmosphere of building here at Solana.”
Blockchain tribalism is a regrettable obstacle, but easily overcome. As evidenced by dYdX and the Solana, teams from different chains can always find ways to work together in a way that benefits both parties and further advances the space.
While dYdX, one of the crypto industry’s oldest decentralized perpetual exchanges, runs its own sovereign appchain, the platform recently integrated Solana-based assets into its platform.
The move brought greater exposure to a wealth of Solana ecosystem tokens, allowing dYdX traders to express their opinion on assets like $SOL , $JUP , and $WIF .
Drawing on his rich experience in the industry, d’Haussy made fascinating remarks about Solana culture.
Solana Builder Energy
When dYdX governance moved to include more Solana-based assets via a Raydium integration in June, d’Haussy and the dYdX were hesitant to approach the Solana community.
“When we started to reach out to the Solana ecosystem, I was kind of cautious and trying to be gentle, not knowing exactly how we would be welcome for conversations about possible integration”
From an outside perspective, blockchain tribalism formed a perceived barrier to entry. Chain maximalism is a serious obstacle within the industry, which is further exacerbated by obstinate and outspoken communities on social media.
Fortunately, away from the noise and distractions of social media, the teams actually building these ecosystems are eager to collaborate and push the collectively push the industry forward. d’Haussy remarked that the Solana Foundation was welcoming and receptive to working alongside teams from alternative ecosystems in the pursuit of progress.
“We were really warmly welcomed. I think the Solana ecosystem has showed us, you want to connect to the Solana ecosystem and bring more mindshare to the Solana ecosystem via your own chain? How can we help you?… The Solana Foundation has been extremely welcoming, connecting us to plenty of people. And the builders were also very welcoming.”
“Sometimes Twitter makes you think that this is all tribes and they look at each other from afar. But the reality is the real builders and the people which are in the industry long enough and for the long term, they are very friendly and they want to grow the cake for everyone.”
Additionally, d’Haussy asserted that “Solana is like Ethereum five years ago”, highlighting the energy and hunger shown by developers building innovative products. The CEO drew comparisons between the atmosphere of week’s earlier Token 2049 conference and Solana Breakpoint.
“We are just out of three days of Token 2049, which is much more salesy and marketing and towards trading activities, which is really the audience of DYDX. So, that was perfect, we had a blast over there. Suddenly, you wake up the next morning and you're going to Solana Breakpoint.”
“It's a bit of a shock for me because suddenly we are surrounded by devs. So, there is this kind of change of seasons overnight between the projects and the business development atmosphere of Token 2049 and here the business, the atmosphere of building here at Solana.”
Blockchain tribalism is a regrettable obstacle, but easily overcome. As evidenced by dYdX and the Solana, teams from different chains can always find ways to work together in a way that benefits both parties and further advances the space.
2 months ago
Solana’s iconic memecoin scene is restructuring. Frustrated by the rampant oversaturation of token launches and a litany of extractive practices, memecoin traders are reevaluating their approach..
Liquidity has evaporated from the memecoin economy, causing dramatic price fluctuations across the board. Abandoning smaller caps, the remaining traders have solidified positions in established coins.
The collapse of smaller memecoins has led market participants to explore alternative trading strategies and take advantage of emerging DeFi applications.
Memecoin Leverage Trading Apps Gain Popularity
Losing patience with the frequent scams, rugpulls, and pump-and-dumps popular on platform’s like pump.fun, Solana meme coin traders are eager for a new meta. The oversaturation of new launches has worn the patience of even the most committed degens, drawing attention back to established memecoins.
Despite their relatively short lifespan, Solana’s veteran memecoins have birthed devout and resilient communities. While these established memecoins remain volatile, their relative stability compared to new launches has seen coins like $POPCAT , $GIGA , and $MUMU enjoy renewed interest and capital rotates away from new launches.
However, these popular coins have arguably already completed the bulk of their run. To maximize potential profits through these coins, traders are turning to applications like Lavarage to add additional weight to their positions.
Adding a layer of dynamism to the memecoin economy, Lavarage supports margin trading positions on over 400 Solana memecoins.
With Lavarage, traders can increase the size of their positions, amplifying their profit and loss. This approach breathes new life into established memecoins and gives traders a new tool in this compelling market.
Ironically, implementing leverage trading into memecion markets might actually make them safer. Traders could be compelled to speculate on established coins, rather than gamble on new pump.fun launches and hope that the coin they’ve chosen is one of the 1.38% that graduate to Raydium.
Lavarage Partners with Backpack - Boosting Rewards
After launching in mid-August, Lavarage’s Tephra Rewards campaign has kicked into gear following its collaboration with Backpack wallet.
Lavarage users who access the application and execute trades via the Backpack will benefit from a 10% points boost. Tephra points are expected to play a key role in determining airdrop allocations ahead of Lavarage’s anticipated TGE (Token Generation Event).
An Unexpected Airdrop?
In a bid to further reward users, Lavarage has partnered with the $NAMI memecoin to distribute $1 ,500 of $NAMI to traders. Over the course of the campaign, 5,325,000 $NAMI will be proportionally airdropped to users as follows:
$1000 worth of $NAMI to users who trade $NAMI with leverage
$500 worth of $NAMI to users who trade any other token with leverage
Currently, Leverage only allows traders to open long positions on its extensive list of tradable assets.
However, moderators in the Lavarage Discord server have indicated that “we have a good idea of how shorting can be implemented”, before conceding that the team “do not have any immediate plan to roll that out
Liquidity has evaporated from the memecoin economy, causing dramatic price fluctuations across the board. Abandoning smaller caps, the remaining traders have solidified positions in established coins.
The collapse of smaller memecoins has led market participants to explore alternative trading strategies and take advantage of emerging DeFi applications.
Memecoin Leverage Trading Apps Gain Popularity
Losing patience with the frequent scams, rugpulls, and pump-and-dumps popular on platform’s like pump.fun, Solana meme coin traders are eager for a new meta. The oversaturation of new launches has worn the patience of even the most committed degens, drawing attention back to established memecoins.
Despite their relatively short lifespan, Solana’s veteran memecoins have birthed devout and resilient communities. While these established memecoins remain volatile, their relative stability compared to new launches has seen coins like $POPCAT , $GIGA , and $MUMU enjoy renewed interest and capital rotates away from new launches.
However, these popular coins have arguably already completed the bulk of their run. To maximize potential profits through these coins, traders are turning to applications like Lavarage to add additional weight to their positions.
Adding a layer of dynamism to the memecoin economy, Lavarage supports margin trading positions on over 400 Solana memecoins.
With Lavarage, traders can increase the size of their positions, amplifying their profit and loss. This approach breathes new life into established memecoins and gives traders a new tool in this compelling market.
Ironically, implementing leverage trading into memecion markets might actually make them safer. Traders could be compelled to speculate on established coins, rather than gamble on new pump.fun launches and hope that the coin they’ve chosen is one of the 1.38% that graduate to Raydium.
Lavarage Partners with Backpack - Boosting Rewards
After launching in mid-August, Lavarage’s Tephra Rewards campaign has kicked into gear following its collaboration with Backpack wallet.
Lavarage users who access the application and execute trades via the Backpack will benefit from a 10% points boost. Tephra points are expected to play a key role in determining airdrop allocations ahead of Lavarage’s anticipated TGE (Token Generation Event).
An Unexpected Airdrop?
In a bid to further reward users, Lavarage has partnered with the $NAMI memecoin to distribute $1 ,500 of $NAMI to traders. Over the course of the campaign, 5,325,000 $NAMI will be proportionally airdropped to users as follows:
$1000 worth of $NAMI to users who trade $NAMI with leverage
$500 worth of $NAMI to users who trade any other token with leverage
Currently, Leverage only allows traders to open long positions on its extensive list of tradable assets.
However, moderators in the Lavarage Discord server have indicated that “we have a good idea of how shorting can be implemented”, before conceding that the team “do not have any immediate plan to roll that out
2 months ago
Presenting at Breakpoint 2024, FluxBeam and RugCheck founder Scott Hague unveiled a litany of new product updates to the comprehensive DeFi platform.
Hague shed more light on some new features and promising developments in scam prevention and interception on the Solana network.
DIVING DEEPER INTO FLUXBEAM INFINITY
FluxBeam Infinity introduces a multitude of competitive new features to the decentralized exchange platform. Taking the stage at Breakpoint 2024, Hague highlighted the key tools that promise to improve the terminal’s user experience, including improved speed, unified data aggregation, and advanced limit orders.
In addition to these features, FluxBeam Infinity will also implement complex automated trading tools. Users will be able to design customizable trading algorithms, drawing from both onchain and offchain events.
“Obviously, the automation is our big key thing this year, whereby we really want to allow users to come in and trade on any news, whether that's on-chain, off-chain, even the weather if you want to, but be able to take that data, make actionable insight from it and then trade automatically on-chain. Similar to algo trading in TradFi.”
As part of the new data aggregation, Fluxbeam is also implementing sentiment analysis. This essential tool helps traders accurately gauge market sentiment surrounding certain assets by tracking discussion through various forms of media.
With over a decade of experience in AI, Hague is well-equipped to ensure that Fluxbeam’s sentiment analysis won’t fall victim to artificial commentary. When asked what countermeasures Fluxbeam’s sentiment has taken to combat false commentary, Hague asserted:
“We run essentially a scoring system similar to RugCheck on every single account and say, okay, well, this is a high likelihood of being a bot or this is a high likelihood of being an influencer. Influencers obviously can't, they can to an extent fake their following base, but they can't really fake their engagement over a long period of time.”
While suggesting that analyzing social media commentary is a relatively simple affair, Hague concedes that tracking sentiment from news sites is more nuanced. Fluxbeam combats this by only pulling sentiment data from reputable sources, a strategy Hague admits “comes with its own bias”.
NEW $FLUXB DEFLATIONARY MECHANICS
The rollout of Fluxbeam Infinity is expected to coincide with new token mechanics that aim to provide value to $FLUXB , the platform’s native asset.
Fluxbeam Infinity will implement a new buyback-and-burn algorithm. The mechanism introduces a fee split to Fluxbeam Infinity’s powerful new features, with 50% of accrued platform fees being used to buy $FLUXB off the market and permanently remove tokens from circulation.
“With our new products of both the advanced limit orders and automation, all of that is actually going to have a fee split on it where we start to burn down $FLUXB . Every time there's a trade or something like that, we take a small fee, split 50-50, and then that $FLUXB will slowly start to burn down just so we can get the supply down and really start to reward our long-term holders.”
In addition to the new burn feature, Hague confirmed that Fluxbeam intends to launch a Season 2 incentives program to reward platform users.
RUGCHECK ENGAGES EXCHANGES TO INTERCEPT ONCHAIN SCAMMERS
Alongside FluxBeam, Hague has also spearheaded the development and growth of RugCheck, one of Solana’s most popular security tools. Over the past year, Solana traders have generated over 100M token reports via RugCheck, trusting the protocol’s analysis to gauge the safety of onchain assets.
Over the course of the last year, RugCheck has built up a significant database of scammer wallets and their associated CEX accounts and off-ramping pathways. Scammers often use CEX accounts to launder and obfuscate funds.
Hague shed more light on some new features and promising developments in scam prevention and interception on the Solana network.
DIVING DEEPER INTO FLUXBEAM INFINITY
FluxBeam Infinity introduces a multitude of competitive new features to the decentralized exchange platform. Taking the stage at Breakpoint 2024, Hague highlighted the key tools that promise to improve the terminal’s user experience, including improved speed, unified data aggregation, and advanced limit orders.
In addition to these features, FluxBeam Infinity will also implement complex automated trading tools. Users will be able to design customizable trading algorithms, drawing from both onchain and offchain events.
“Obviously, the automation is our big key thing this year, whereby we really want to allow users to come in and trade on any news, whether that's on-chain, off-chain, even the weather if you want to, but be able to take that data, make actionable insight from it and then trade automatically on-chain. Similar to algo trading in TradFi.”
As part of the new data aggregation, Fluxbeam is also implementing sentiment analysis. This essential tool helps traders accurately gauge market sentiment surrounding certain assets by tracking discussion through various forms of media.
With over a decade of experience in AI, Hague is well-equipped to ensure that Fluxbeam’s sentiment analysis won’t fall victim to artificial commentary. When asked what countermeasures Fluxbeam’s sentiment has taken to combat false commentary, Hague asserted:
“We run essentially a scoring system similar to RugCheck on every single account and say, okay, well, this is a high likelihood of being a bot or this is a high likelihood of being an influencer. Influencers obviously can't, they can to an extent fake their following base, but they can't really fake their engagement over a long period of time.”
While suggesting that analyzing social media commentary is a relatively simple affair, Hague concedes that tracking sentiment from news sites is more nuanced. Fluxbeam combats this by only pulling sentiment data from reputable sources, a strategy Hague admits “comes with its own bias”.
NEW $FLUXB DEFLATIONARY MECHANICS
The rollout of Fluxbeam Infinity is expected to coincide with new token mechanics that aim to provide value to $FLUXB , the platform’s native asset.
Fluxbeam Infinity will implement a new buyback-and-burn algorithm. The mechanism introduces a fee split to Fluxbeam Infinity’s powerful new features, with 50% of accrued platform fees being used to buy $FLUXB off the market and permanently remove tokens from circulation.
“With our new products of both the advanced limit orders and automation, all of that is actually going to have a fee split on it where we start to burn down $FLUXB . Every time there's a trade or something like that, we take a small fee, split 50-50, and then that $FLUXB will slowly start to burn down just so we can get the supply down and really start to reward our long-term holders.”
In addition to the new burn feature, Hague confirmed that Fluxbeam intends to launch a Season 2 incentives program to reward platform users.
RUGCHECK ENGAGES EXCHANGES TO INTERCEPT ONCHAIN SCAMMERS
Alongside FluxBeam, Hague has also spearheaded the development and growth of RugCheck, one of Solana’s most popular security tools. Over the past year, Solana traders have generated over 100M token reports via RugCheck, trusting the protocol’s analysis to gauge the safety of onchain assets.
Over the course of the last year, RugCheck has built up a significant database of scammer wallets and their associated CEX accounts and off-ramping pathways. Scammers often use CEX accounts to launder and obfuscate funds.
3 months ago
⚖️ SEC Sues 3 Individuals and 5 Companies for Pig Butchering Scam
These are the SEC's first steps toward this type of crypto scam.
Pig butchering is a type of trust-based investment scam in which fraudsters befriend victims on social media or dating apps, gain their trust, and convince them to invest large amounts of money in fictitious crypto platforms before stealing their funds and disappearing.
https://www.coindesk.com/p.../
These are the SEC's first steps toward this type of crypto scam.
Pig butchering is a type of trust-based investment scam in which fraudsters befriend victims on social media or dating apps, gain their trust, and convince them to invest large amounts of money in fictitious crypto platforms before stealing their funds and disappearing.
https://www.coindesk.com/p.../
SEC Charges 3 Individuals, 5 Companies With Operating Pig Butchering Scams
The enforcement actions are the first from the SEC alleging this type of crypto scam.
https://www.coindesk.com/policy/2024/09/17/sec-charges-3-individuals-5-companies-with-operating-pig-butchering-scams/
3 months ago
Daily Memecoin Recap - September 17
Moo Deng is proof that sometimes all you need is a little bit of conviction
Neiro Pushes Over $350m !
$neiro -> $142m to $377m (2.65x)
- CTO version that was listed on binance
- The volume this has been getting since being listed is insane
- From $15m to $377m in 2 days (25x)
Moo Deng Is King
$moodeng -> $5 .5m to $22 .35m (4x)
$mood -> hit $369k
- Super viral cute baby hippo
- This guy is literally everywhere, all over social media
-
X posted a meme about Moo Deng
Phantom's New Mascot
$ghosti -> hit $526k , not actually launched by phantom
Neiro Related Coins
$neiro -> $7 .4m to $17 .15m (2.31x), $sol version
$rintaro -> $400k to $3m (7.5x), $neiro 's twin brother
$mugi -> hit $256k , $doge 's brother, CTO
More Cooks
$ball -> $907k to $2 .57m (2.83x), "Ball Up Top", viral meme, great price action
$pe -> $223k to $1 .01m (4.5x), " Half of $pepe "
$nft -> hit $684k , "Non Fungible Trump"
$ato -> hit $350k , "Avocato", decent art
$chimpy -> hit $294k , pushed by KOLs, good art
$sachi -> hit $271k , moonshotdotcc launch
$ick -> hit $205k , gen z meme
$blindsight -> hit $188k , CTO
$kek -> hit $140k , CTO
$toby -> hit $125k , frog meme, CTO
The S&P hit a new all-time-high today
Keep an eye on FOMC tomorrow for the interest rate decision 👀
Moo Deng is proof that sometimes all you need is a little bit of conviction
Neiro Pushes Over $350m !
$neiro -> $142m to $377m (2.65x)
- CTO version that was listed on binance
- The volume this has been getting since being listed is insane
- From $15m to $377m in 2 days (25x)
Moo Deng Is King
$moodeng -> $5 .5m to $22 .35m (4x)
$mood -> hit $369k
- Super viral cute baby hippo
- This guy is literally everywhere, all over social media
-
X posted a meme about Moo Deng
Phantom's New Mascot
$ghosti -> hit $526k , not actually launched by phantom
Neiro Related Coins
$neiro -> $7 .4m to $17 .15m (2.31x), $sol version
$rintaro -> $400k to $3m (7.5x), $neiro 's twin brother
$mugi -> hit $256k , $doge 's brother, CTO
More Cooks
$ball -> $907k to $2 .57m (2.83x), "Ball Up Top", viral meme, great price action
$pe -> $223k to $1 .01m (4.5x), " Half of $pepe "
$nft -> hit $684k , "Non Fungible Trump"
$ato -> hit $350k , "Avocato", decent art
$chimpy -> hit $294k , pushed by KOLs, good art
$sachi -> hit $271k , moonshotdotcc launch
$ick -> hit $205k , gen z meme
$blindsight -> hit $188k , CTO
$kek -> hit $140k , CTO
$toby -> hit $125k , frog meme, CTO
The S&P hit a new all-time-high today
Keep an eye on FOMC tomorrow for the interest rate decision 👀
3 months ago
🏆❌ The winner of the "Best Content Creator" award at Token2049 in Singapore has deleted his X account after being accused of using bots to manipulate his stats.
Professor Crypto was honored with the Key Opinion Leader (KOL) award last night at a side event at Token2049.
He then shared this success on X.
ZachXBT looked into the influencer's stats and according to investigator Onchain, he used thousands of bots.
“It might be a good idea to fire the thousands of bots you use on all social media platforms to fool people into thinking you have influence.”
says ZachXBT.
He then cited CFTC law that states that "no person shall sell or purchase false indicators of influence on social media, such as followers or views generated by a bot or hijacked account."
The effect is clear and sounds like a confession for Professor Crypto who deleted his X account shortly afterwards.
Professor Crypto was honored with the Key Opinion Leader (KOL) award last night at a side event at Token2049.
He then shared this success on X.
ZachXBT looked into the influencer's stats and according to investigator Onchain, he used thousands of bots.
“It might be a good idea to fire the thousands of bots you use on all social media platforms to fool people into thinking you have influence.”
says ZachXBT.
He then cited CFTC law that states that "no person shall sell or purchase false indicators of influence on social media, such as followers or views generated by a bot or hijacked account."
The effect is clear and sounds like a confession for Professor Crypto who deleted his X account shortly afterwards.
3 months ago
🚨 Sui Network to integrate native USDC to boost liquidity and attract more users to its network.
The effect is immediate on the $SUI which increases by +8% following the announcement.
The effect is immediate on the $SUI which increases by +8% following the announcement.
3 months ago
Meta Will Use Public Data From Adults In The Uk For Artificial Intelligence Training
Meta will start using publicly shared content from adult users in the UK on Facebook and Instagram to train its artificial intelligence models. The company will assess publicly available information, such as posts, comments, photos, and descriptions, from users on both platforms.
Meta emphasized that its AI is designed to reflect diverse global communities and plans to expand its AI initiatives to more countries and languages later this year. The company clarified that it does not use data from accounts of individuals under 18 in the UK.
In July, Meta halted AI assistant deployments in the EU following an order from the Irish Data Protection Commission (DPC) due to data privacy concerns. Meta claims it uses Facebook and Instagram user data with their consent and offers an option to opt out.
UK-based adults on Facebook and Instagram will receive in-app notifications detailing Meta's data usage practices and offering an option to object to the use of their data for AI training. Meta stated that it will accept all existing and new objection forms.
The DPC, responsible for enforcing the General Data Protection Regulation (GDPR), is intensifying its oversight. On September 12, it launched a cross-border investigation into Google Ireland Limited to determine if it complies with EU data protection laws in developing its AI models.
The investigation will focus on the use of EU citizens' personal data in training Google’s advanced language model, Pathways Language Model 2 (PaLM2), introduced on May 10, 2023.
The DPC also investigated the social media platform X and concluded the investigation after X agreed to meet the necessary compliance standards. On September 4, X agreed to stop using personal data of EU and European Economic Area (EEA) users to train its AI chatbot, Grok.
Meta will start using publicly shared content from adult users in the UK on Facebook and Instagram to train its artificial intelligence models. The company will assess publicly available information, such as posts, comments, photos, and descriptions, from users on both platforms.
Meta emphasized that its AI is designed to reflect diverse global communities and plans to expand its AI initiatives to more countries and languages later this year. The company clarified that it does not use data from accounts of individuals under 18 in the UK.
In July, Meta halted AI assistant deployments in the EU following an order from the Irish Data Protection Commission (DPC) due to data privacy concerns. Meta claims it uses Facebook and Instagram user data with their consent and offers an option to opt out.
UK-based adults on Facebook and Instagram will receive in-app notifications detailing Meta's data usage practices and offering an option to object to the use of their data for AI training. Meta stated that it will accept all existing and new objection forms.
The DPC, responsible for enforcing the General Data Protection Regulation (GDPR), is intensifying its oversight. On September 12, it launched a cross-border investigation into Google Ireland Limited to determine if it complies with EU data protection laws in developing its AI models.
The investigation will focus on the use of EU citizens' personal data in training Google’s advanced language model, Pathways Language Model 2 (PaLM2), introduced on May 10, 2023.
The DPC also investigated the social media platform X and concluded the investigation after X agreed to meet the necessary compliance standards. On September 4, X agreed to stop using personal data of EU and European Economic Area (EEA) users to train its AI chatbot, Grok.
3 months ago
Phantom, Solana’s most widely used wallet provider, has drawn criticism from some users for charging fees on in-app token swaps.
While some disgruntled community members attacked Phantom, voices across the Solana ecosystem came to the wallet’s defence. Reigniting debate around business models in the Web3 world, Phantom’s supporters argue that the platform has a right to generate revenue.
In an industry where meme coin presales can raise over $40M , is it fair to attack businesses providing essential services for charging easily avoidable fees?
SOLANA COMMUNITY MEMBERS COMPLAIN ABOUT 0.85% SWAP FEE
Frustrated Solana users have taken to 𝕏 to air their grievances about Phantom’s in-app swap fees. The public outrage came following circulation of data suggesting that the wallet provider generated over $30M in revenue through token swaps.
Comparisons between quotes between wallets and DEX aggregator Jupiter only added further fuel to the fire. Perhaps spurred on by stagnant market conditions, commentators on social media remarked that discrepancies between swaps provided by Phantom and Jupiter were “actually ridiculous.”
Eagle-eyed users remarked that the data wasn’t wholly accurate. Galactic Geckos founder Genuine Articles highlighted that the $30M figure was lower than expected, before Fabiano.sol, the influencer who originally shared the data, acknowledged that Phantom would’ve generated over $10M through in-app token swaps in 2021 alone.
While it’s obvious that traders can access better rates by using platforms like Jupiter directly, can Wallet providers be blamed for charging fees on value-added services?
Is the Slander Against Phantom Justified?
Content creator and former Phantom team member Seb Montgomery countered the attacks levied against Phantom. Arguing that every business has operational costs that need paid, Montgomery asserted that “Dapps, apps, wallets, etc. need revenue or they close up shop, and head home.”
Hammering his points home, Montgomery reminded Solana users of their double standards. The content creator highlighted how network participants were willing to provide over $40M to the $WATER memecoin presale, but criticized an 0.8% fee on services offered by one of Solana’s longest-standing products.
“You have probably lost $1000s on the pure rubbish. So don't be a clown and not support the wallets that make it all possible.” - Seb Montgomery
Montgomery also acknowledged that Solana owes much of its success to Phantom. Paying homage to Phantom’s position as Solana’s most widely used wallet, Montgomery asserted “Without Phantom, Solana's success would not have been anywhere near where it got to.”
WHICH WALLET GIVES THE BEST VALUE ON SWAPS?
While traders and users looking for the best rates should always go directly to decentralized exchanges or aggregators, it’s also worth knowing the various in-app swap rates of different wallets.
Fuse Wallet - 0%
Solflare - 0.8%
Phantom - 0.85%
Backpack - 0.85%
It should also be noted that all Solana wallets route their trades through Jupiter. Solana’s leading DEX aggregator typically offers the best rates on trades and allows third-party apps to add fees onto swaps.
Despite some traders expressing frustration, Phantom and other wallet providers have always been transparent and forthcoming about in-app swap fees. Using wallet-based swaps is completely optional and easily bypassed. Trader’s complaints are hardly unresolved.
While some disgruntled community members attacked Phantom, voices across the Solana ecosystem came to the wallet’s defence. Reigniting debate around business models in the Web3 world, Phantom’s supporters argue that the platform has a right to generate revenue.
In an industry where meme coin presales can raise over $40M , is it fair to attack businesses providing essential services for charging easily avoidable fees?
SOLANA COMMUNITY MEMBERS COMPLAIN ABOUT 0.85% SWAP FEE
Frustrated Solana users have taken to 𝕏 to air their grievances about Phantom’s in-app swap fees. The public outrage came following circulation of data suggesting that the wallet provider generated over $30M in revenue through token swaps.
Comparisons between quotes between wallets and DEX aggregator Jupiter only added further fuel to the fire. Perhaps spurred on by stagnant market conditions, commentators on social media remarked that discrepancies between swaps provided by Phantom and Jupiter were “actually ridiculous.”
Eagle-eyed users remarked that the data wasn’t wholly accurate. Galactic Geckos founder Genuine Articles highlighted that the $30M figure was lower than expected, before Fabiano.sol, the influencer who originally shared the data, acknowledged that Phantom would’ve generated over $10M through in-app token swaps in 2021 alone.
While it’s obvious that traders can access better rates by using platforms like Jupiter directly, can Wallet providers be blamed for charging fees on value-added services?
Is the Slander Against Phantom Justified?
Content creator and former Phantom team member Seb Montgomery countered the attacks levied against Phantom. Arguing that every business has operational costs that need paid, Montgomery asserted that “Dapps, apps, wallets, etc. need revenue or they close up shop, and head home.”
Hammering his points home, Montgomery reminded Solana users of their double standards. The content creator highlighted how network participants were willing to provide over $40M to the $WATER memecoin presale, but criticized an 0.8% fee on services offered by one of Solana’s longest-standing products.
“You have probably lost $1000s on the pure rubbish. So don't be a clown and not support the wallets that make it all possible.” - Seb Montgomery
Montgomery also acknowledged that Solana owes much of its success to Phantom. Paying homage to Phantom’s position as Solana’s most widely used wallet, Montgomery asserted “Without Phantom, Solana's success would not have been anywhere near where it got to.”
WHICH WALLET GIVES THE BEST VALUE ON SWAPS?
While traders and users looking for the best rates should always go directly to decentralized exchanges or aggregators, it’s also worth knowing the various in-app swap rates of different wallets.
Fuse Wallet - 0%
Solflare - 0.8%
Phantom - 0.85%
Backpack - 0.85%
It should also be noted that all Solana wallets route their trades through Jupiter. Solana’s leading DEX aggregator typically offers the best rates on trades and allows third-party apps to add fees onto swaps.
Despite some traders expressing frustration, Phantom and other wallet providers have always been transparent and forthcoming about in-app swap fees. Using wallet-based swaps is completely optional and easily bypassed. Trader’s complaints are hardly unresolved.
3 months ago
Prices may be down, but Grayscale's making bull market bets if you know where to look.
These are the assets that have caught the attention of Crypto's Wall Street whisperer 👇
========================================
When Grayscale announces a new Trust for a particular asset, the market often reacts with a mix of excitement and skepticism.
It's a bit like a double-edged sword: a signal of saturation for some and a beacon of hope for others.
Some might interpret the launch as a sign that the market for that asset is reaching saturation or at least limited upside potential in crypto terms.
On the one hand, it’s a stamp of approval from a major player in the crypto space. It can lend legitimacy to the asset, potentially attracting institutional investors, and, at the very least, boost media coverage.
Grayscale has been adding new investment products at a faster clip, showcasing their conviction that we’re in the middle innings of a crypto bull market fueled by a grand slam of bullish signals: #Bitcoin ETF inflows, the long-awaited $ETH ETF launch, increasing stablecoin adoption, and steady growth in TVL across DeFi.
As a quiet giant in the industry, investors continue to watch what Grayscale is backing and what that says about their impressions of which direction the industry is headed. What assets have caught their attention lately? Let's find out. 👇
----------------------------------------------------------
Grayscale Decentralized AI Fund (FIL, NEAR, RNDR, LPT, TAO)
Grayscale Bittensor Trust (TAO)
Bittensor envisions a world where AI isn't a tool in the hands of a few corporations but a resource democratized for all. It aims to create an "Internet of AI" where everyone can contribute and benefit from AI models. $TAO incentivizes participants to contribute to the network by providing rewards for tasks like validating models and running AI computations.
As the AI race among big tech companies heats up, Grayscale believes that Bittensor offers a compelling alternative approach towards AI development, one that encourages a wider range of participants and ideas.
Grayscale SUI Trust (SUI)
$Sui boasts a novel blockchain design that prioritizes scalability and user experience. It allows for parallel processing, tackling multiple transactions simultaneously.
SuiNetwork
's competitive edge comes down to its custom-built programming language, Sui Move, which streamlines smart contract development and execution.
As the need for blockspace and faster execution in crypto increases, Grayscale believes that Sui opens the door to a new wave of decentralized applications that were previously limited by existing blockchain infrastructure.
The Grayscale Effect
Overall, the impact of a Grayscale Trust launch is highly subjective to the specific asset. By no means does it signify that the asset is destined for greatness. Take the Grayscale Decentraland Trust (MANA), for instance.
The key takeaway is that Grayscale's bullish outlook on crypto is evident in its recent product launches. They believe we're currently in a bull market and are positioning themselves accordingly.
Analysis by arjunnchand
These are the assets that have caught the attention of Crypto's Wall Street whisperer 👇
========================================
When Grayscale announces a new Trust for a particular asset, the market often reacts with a mix of excitement and skepticism.
It's a bit like a double-edged sword: a signal of saturation for some and a beacon of hope for others.
Some might interpret the launch as a sign that the market for that asset is reaching saturation or at least limited upside potential in crypto terms.
On the one hand, it’s a stamp of approval from a major player in the crypto space. It can lend legitimacy to the asset, potentially attracting institutional investors, and, at the very least, boost media coverage.
Grayscale has been adding new investment products at a faster clip, showcasing their conviction that we’re in the middle innings of a crypto bull market fueled by a grand slam of bullish signals: #Bitcoin ETF inflows, the long-awaited $ETH ETF launch, increasing stablecoin adoption, and steady growth in TVL across DeFi.
As a quiet giant in the industry, investors continue to watch what Grayscale is backing and what that says about their impressions of which direction the industry is headed. What assets have caught their attention lately? Let's find out. 👇
----------------------------------------------------------
Grayscale Decentralized AI Fund (FIL, NEAR, RNDR, LPT, TAO)
Grayscale Bittensor Trust (TAO)
Bittensor envisions a world where AI isn't a tool in the hands of a few corporations but a resource democratized for all. It aims to create an "Internet of AI" where everyone can contribute and benefit from AI models. $TAO incentivizes participants to contribute to the network by providing rewards for tasks like validating models and running AI computations.
As the AI race among big tech companies heats up, Grayscale believes that Bittensor offers a compelling alternative approach towards AI development, one that encourages a wider range of participants and ideas.
Grayscale SUI Trust (SUI)
$Sui boasts a novel blockchain design that prioritizes scalability and user experience. It allows for parallel processing, tackling multiple transactions simultaneously.
SuiNetwork
's competitive edge comes down to its custom-built programming language, Sui Move, which streamlines smart contract development and execution.
As the need for blockspace and faster execution in crypto increases, Grayscale believes that Sui opens the door to a new wave of decentralized applications that were previously limited by existing blockchain infrastructure.
The Grayscale Effect
Overall, the impact of a Grayscale Trust launch is highly subjective to the specific asset. By no means does it signify that the asset is destined for greatness. Take the Grayscale Decentraland Trust (MANA), for instance.
The key takeaway is that Grayscale's bullish outlook on crypto is evident in its recent product launches. They believe we're currently in a bull market and are positioning themselves accordingly.
Analysis by arjunnchand
3 months ago
$POPDOG is rolling up in style to MediaGiraffes (https://x.com/MediaGiraffe...)
space who is part HelloMoon_io (https://x.com/HelloMoon_io) one of our favorite partners! 🐶🌕
$POPDOG is speaker! Come hang out and support! 🐶🎤
https://x.com/MediaGiraffe...
space who is part HelloMoon_io (https://x.com/HelloMoon_io) one of our favorite partners! 🐶🌕
$POPDOG is speaker! Come hang out and support! 🐶🎤
https://x.com/MediaGiraffe...
3 months ago
Mercuryo, a Web3 payments provider, has announced the rollout of Spend, a virtual debit card promising to streamline crypto payments.
Complete with Apple Pay and Google Pay compatibility, Spend facilitates payments directly from Solana wallets to over 90M Mastercard merchants across the globe.
WHAT IS SPEND??
Mercuryo’s Spend allows wallet apps to integrate virtual Mastercard debit cards directly into their applications. Through the Spend Card, Mercury promises to enable the crypto community to use their crypto assets to “spend on anything. Anytime. Anywhere.”
Spend aims to provide a fast and cost-effective method for crypto users to convert and spend their digital assets from their wallets. Beyond the simplicity of Mastercard, Apple Pay, and Google Pay integration, Spend also offers card customization, meaning wallet providers can incorporate their logos into virtual cards.
Spend is fully self-custodial, meaning users have full control over any assets deposited into the card account. Additionally, the platform offers multi-chain support, including Solana, Ethereum, and PolkaDot.
As part of the announcement, Mercuryo teased that several leading Web3 wallets will be adding Spend in the near future. SolanaFloor engaged Mercuryo for comment on the matter but is yet to receive a response.
Why Web3 Needs Better Off-Ramps
Since the birth of the industry, crypto companies have focused tirelessly on streamlining the flow of funds into decentralized economies. According to Mercuryo, “on-ramping is now a user-friendly process, and users can purchase crypto with ease.”
While onboarding has become easier with exchanges and third-party apps readily available, bringing funds back into the real world still poses significant barriers. Mercuryo argues that the biggest struggles facing crypto off-ramping are:
1. Poor UX of existing solutions - Users need to jump through a variety of hoops to withdraw funds. Many platforms are only available in certain regions and popular offboarding platforms offer limited support outside of mainstream cryptos.
2. Bank restrictions - Traditional banks often block payments from crypto-related companies and freeze accounts suspected of interacting with cryptocurrency.
3. Extortionate fees - Third-party apps and intermediaries can charge high fees on crypto-to-fiat withdrawals, discouraging users from transferring funds.
Slow processing times - After becoming accustomed to rapid, permissionless transfers onchain, crypto-to-fiat withdrawals can feel slow and cumbersome.
While the industry loves to discuss and promote progress and efforts toward crypto onboarding, finding seamless methods of getting funds off-chain is equally important.
Mercuryo’s commitment to simplified crypto off-ramps helps to legitimize digital currencies as meaningful financial tools. Through the Spend card, millions of crypto users may be able to enjoy improved access to their funds in real-world contexts, solidifying the role of cryptocurrency in the Web2 world
Complete with Apple Pay and Google Pay compatibility, Spend facilitates payments directly from Solana wallets to over 90M Mastercard merchants across the globe.
WHAT IS SPEND??
Mercuryo’s Spend allows wallet apps to integrate virtual Mastercard debit cards directly into their applications. Through the Spend Card, Mercury promises to enable the crypto community to use their crypto assets to “spend on anything. Anytime. Anywhere.”
Spend aims to provide a fast and cost-effective method for crypto users to convert and spend their digital assets from their wallets. Beyond the simplicity of Mastercard, Apple Pay, and Google Pay integration, Spend also offers card customization, meaning wallet providers can incorporate their logos into virtual cards.
Spend is fully self-custodial, meaning users have full control over any assets deposited into the card account. Additionally, the platform offers multi-chain support, including Solana, Ethereum, and PolkaDot.
As part of the announcement, Mercuryo teased that several leading Web3 wallets will be adding Spend in the near future. SolanaFloor engaged Mercuryo for comment on the matter but is yet to receive a response.
Why Web3 Needs Better Off-Ramps
Since the birth of the industry, crypto companies have focused tirelessly on streamlining the flow of funds into decentralized economies. According to Mercuryo, “on-ramping is now a user-friendly process, and users can purchase crypto with ease.”
While onboarding has become easier with exchanges and third-party apps readily available, bringing funds back into the real world still poses significant barriers. Mercuryo argues that the biggest struggles facing crypto off-ramping are:
1. Poor UX of existing solutions - Users need to jump through a variety of hoops to withdraw funds. Many platforms are only available in certain regions and popular offboarding platforms offer limited support outside of mainstream cryptos.
2. Bank restrictions - Traditional banks often block payments from crypto-related companies and freeze accounts suspected of interacting with cryptocurrency.
3. Extortionate fees - Third-party apps and intermediaries can charge high fees on crypto-to-fiat withdrawals, discouraging users from transferring funds.
Slow processing times - After becoming accustomed to rapid, permissionless transfers onchain, crypto-to-fiat withdrawals can feel slow and cumbersome.
While the industry loves to discuss and promote progress and efforts toward crypto onboarding, finding seamless methods of getting funds off-chain is equally important.
Mercuryo’s commitment to simplified crypto off-ramps helps to legitimize digital currencies as meaningful financial tools. Through the Spend card, millions of crypto users may be able to enjoy improved access to their funds in real-world contexts, solidifying the role of cryptocurrency in the Web2 world
3 months ago
$POPDOG is Everywhere and Growing! 🐶👀
The Purple Dog can be found on many social media platforms all in one place conveniently inside our Linktree Page!
https://linktr.ee/popdogso...
Please join, follow, comment and support our #Telegram , #INSTAGRAM , #TIKTOK , #YOUTUBE and all of our other platforms! Thank you 🐶🙏
The Purple Dog can be found on many social media platforms all in one place conveniently inside our Linktree Page!
https://linktr.ee/popdogso...
Please join, follow, comment and support our #Telegram , #INSTAGRAM , #TIKTOK , #YOUTUBE and all of our other platforms! Thank you 🐶🙏
3 months ago
🇺🇸 Donald Trump was "orange plundered" by 3 friends from Puerto Rico.
Amanda Fabiano, Bitcoin miner, Tracy Hoyos-López, former California prosecutor, and David Bailey, CEO of BTC Inc. media group and organizer of the conference in Nashville, spent months secretly teaching Bitcoin to Donald Trump.
In the bitcoin language, Trump was "orange-pilled" at that time.
An expression that dates back to 1999 in the film Matrix, where Neo must choose between the red pill, which gives access to the disturbing truth about the world, or the blue pill, which will leave him in his ignorance.
The orange pill therefore refers to the official color of bitcoin.
https://www.cnbc.com/2024/...
Amanda Fabiano, Bitcoin miner, Tracy Hoyos-López, former California prosecutor, and David Bailey, CEO of BTC Inc. media group and organizer of the conference in Nashville, spent months secretly teaching Bitcoin to Donald Trump.
In the bitcoin language, Trump was "orange-pilled" at that time.
An expression that dates back to 1999 in the film Matrix, where Neo must choose between the red pill, which gives access to the disturbing truth about the world, or the blue pill, which will leave him in his ignorance.
The orange pill therefore refers to the official color of bitcoin.
https://www.cnbc.com/2024/...
3 months ago
BIG SUPPLY, BIG PROBLEMS AS SOLANA’S NFT MARKET REJECTS LARGE COLLECTIONS
Fresh minting mechanics are bringing greater security to Solana NFTs, but new mints and large collections struggle to garner attention and are trading below mint price.
New NFT collections have learned a painful lesson this week. If it wasn’t obvious due to stagnant floor prices and diminishing trade volume, launching a fresh collection in these conditions is a difficult task.
Despite commentators claiming these hyped collections will usher in a “new era” and whitelist spots selling at over $50 apiece on open markets, launches from Pathfinders and Hermans have failed to meet expectations.
Will Solana’s NFT market ever witness another successful 10,000 NFT collection? Or are small supplies the only way of conserving value?
ONLY 21% OF PATHFINDER'S RISK-FREE NFTs MINTED
Despite proposing a new, risk-free method of launching Solana NFTs, the Pathfinders collection faces difficulty minting out. At press time, only 2,125/10,000 NFTs have been minted, falling well short of expectations.
Pathfinder’s novel LST-backed NFT collection launched with noble intentions. Providing an alternative mechanic that aims to protect minters, the collection has launched Solana’s first un-ruggable NFTs.
Unlike standard NFT mints, Pathfinders NFTs are minted using pathSOL, the project’s native liquid staking token. Holders reserve the right to redeem their NFT for the underlying pathSOL used to mint the asset, essentially securing the NFT’s value at a minimum of 2pathSOL.
Regardless, Solana’s NFT community has largely ignored the project’s novel approach to minting. Supporters of the new mechanic took to social media to express their disappointment with the NFT community’s apparent apathy.
Commentators noted that network participants have collectively poured thousands of SOL into extractive and malicious actors, but are unwilling to support builders providing meaningful alternatives.
‘Hyped’ New Mint Immediately Under Floor - Are Presales to Blame?
Boasting a sold-out presale that constituted 55% of the total supply, the Hermans NFT collection suffered a similar fate. Priced at 1.5 SOL per NFT, Hermans struggled to attract interest during the public mint, forcing the team to take drastic action.
Hermans trading on secondary marketplaces like Tensor and Magic Eden was locked until the mint was complete, meaning holders were unable to list their assets. The team took it upon themselves to buy all unminted assets. The Hermans’ treasury now holds over 1,600 NFTs, roughly 33% of the supply.
Almost immediately, the collection began trading beneath mint price as presales and regretful minters clamored to liquidate their holdings for SOL. Hermans currently exchange hands at 0.84 SOL, down 44% from the original mint price.
While poor NFT market conditions are a significant contributor to the recent slew of disappointing NFT launches, social media commentators have argued that NFT presales are also to blame.
Low Supply NFT Collections Retain Value
In recent years, NFT markets have witnessed countless large supply collections suffer devastating downtrends.
Top Solana collections like Mad Lads, Tensorians (pictured), and Claynosaurs have all endured significant drawdowns, while dozens of less-resilient projects have effectively plummeted to zero.
Comparatively, low supply and 1/1 NFT collections have retained their value remarkably well. Limited supply art collections like Boogles, Dead King Society, and The SixNine are typically only available through OTC deals and have maintained comparatively stable floors, regardless of SOL price fluctuations.
Arguably, this suggests that the most valuable utility NFTs offer is access to exclusive communities. Alternatively, it could also indicate that low-supply collections with low market liquidity create an elite sense of perceived value, which has supported the valuations of these co
Fresh minting mechanics are bringing greater security to Solana NFTs, but new mints and large collections struggle to garner attention and are trading below mint price.
New NFT collections have learned a painful lesson this week. If it wasn’t obvious due to stagnant floor prices and diminishing trade volume, launching a fresh collection in these conditions is a difficult task.
Despite commentators claiming these hyped collections will usher in a “new era” and whitelist spots selling at over $50 apiece on open markets, launches from Pathfinders and Hermans have failed to meet expectations.
Will Solana’s NFT market ever witness another successful 10,000 NFT collection? Or are small supplies the only way of conserving value?
ONLY 21% OF PATHFINDER'S RISK-FREE NFTs MINTED
Despite proposing a new, risk-free method of launching Solana NFTs, the Pathfinders collection faces difficulty minting out. At press time, only 2,125/10,000 NFTs have been minted, falling well short of expectations.
Pathfinder’s novel LST-backed NFT collection launched with noble intentions. Providing an alternative mechanic that aims to protect minters, the collection has launched Solana’s first un-ruggable NFTs.
Unlike standard NFT mints, Pathfinders NFTs are minted using pathSOL, the project’s native liquid staking token. Holders reserve the right to redeem their NFT for the underlying pathSOL used to mint the asset, essentially securing the NFT’s value at a minimum of 2pathSOL.
Regardless, Solana’s NFT community has largely ignored the project’s novel approach to minting. Supporters of the new mechanic took to social media to express their disappointment with the NFT community’s apparent apathy.
Commentators noted that network participants have collectively poured thousands of SOL into extractive and malicious actors, but are unwilling to support builders providing meaningful alternatives.
‘Hyped’ New Mint Immediately Under Floor - Are Presales to Blame?
Boasting a sold-out presale that constituted 55% of the total supply, the Hermans NFT collection suffered a similar fate. Priced at 1.5 SOL per NFT, Hermans struggled to attract interest during the public mint, forcing the team to take drastic action.
Hermans trading on secondary marketplaces like Tensor and Magic Eden was locked until the mint was complete, meaning holders were unable to list their assets. The team took it upon themselves to buy all unminted assets. The Hermans’ treasury now holds over 1,600 NFTs, roughly 33% of the supply.
Almost immediately, the collection began trading beneath mint price as presales and regretful minters clamored to liquidate their holdings for SOL. Hermans currently exchange hands at 0.84 SOL, down 44% from the original mint price.
While poor NFT market conditions are a significant contributor to the recent slew of disappointing NFT launches, social media commentators have argued that NFT presales are also to blame.
Low Supply NFT Collections Retain Value
In recent years, NFT markets have witnessed countless large supply collections suffer devastating downtrends.
Top Solana collections like Mad Lads, Tensorians (pictured), and Claynosaurs have all endured significant drawdowns, while dozens of less-resilient projects have effectively plummeted to zero.
Comparatively, low supply and 1/1 NFT collections have retained their value remarkably well. Limited supply art collections like Boogles, Dead King Society, and The SixNine are typically only available through OTC deals and have maintained comparatively stable floors, regardless of SOL price fluctuations.
Arguably, this suggests that the most valuable utility NFTs offer is access to exclusive communities. Alternatively, it could also indicate that low-supply collections with low market liquidity create an elite sense of perceived value, which has supported the valuations of these co
3 months ago
Tokenized US Treasury Bonds Surpass $2 Billion!
Does this sentence (and its implications) seem incomprehensible to you?
Let's break it down together
1. US Treasury bonds
These are securities issued by the American government, purchasable by anyone on traditional financial markets.
You are literally lending money to the US government and in return for this nice gesture, you are promised a return (currently 3.8 %)
Treasury bills are simply acknowledgements of debt.
The US government is indebted to you (congratulations, you have a superpower in your pocket!)
2. “tokenized”
Literally: injected into a blockchain
Treasury bonds are transformed from a "virtual electronic" state (information on the hard drive of the Fed or a central bank) to a "cryptographic" state by being transposed in the form of digital assets (i.e. tokens) on a blockchain network.
We are talking about "tokenization of financial assets"
3. What for?
Let's simplify:
- Cheaper, lower costs for the issuer (government) and the holder
- Fewer intermediaries (savings on this side too)
- Excellent liquidity
- Unlimited fragmentation potential (a treasury bond is sold at least in tranches of $100 , with tokenization it is possible to divide this threshold by 10, 100, 10,000 to make the asset accessible to a wider audience)
- Transparent
- Ultra secure
- Auditable
- ...
To put it simply, there is SO much upside to using blockchain for financial assets that there is NO scenario where this technological approach will not prevail in the coming decade.
These 2 billion are therefore a very timid incursion into a market of 27,000 billion dollars just for US Treasury Bonds (and this without even counting other asset categories, such as indexes, shares, financial real estate, etc.)
In short and in conclusion, the tokenization of global financial assets and "The (real) next big thing" for blockchain and crypto
Does this sentence (and its implications) seem incomprehensible to you?
Let's break it down together
1. US Treasury bonds
These are securities issued by the American government, purchasable by anyone on traditional financial markets.
You are literally lending money to the US government and in return for this nice gesture, you are promised a return (currently 3.8 %)
Treasury bills are simply acknowledgements of debt.
The US government is indebted to you (congratulations, you have a superpower in your pocket!)
2. “tokenized”
Literally: injected into a blockchain
Treasury bonds are transformed from a "virtual electronic" state (information on the hard drive of the Fed or a central bank) to a "cryptographic" state by being transposed in the form of digital assets (i.e. tokens) on a blockchain network.
We are talking about "tokenization of financial assets"
3. What for?
Let's simplify:
- Cheaper, lower costs for the issuer (government) and the holder
- Fewer intermediaries (savings on this side too)
- Excellent liquidity
- Unlimited fragmentation potential (a treasury bond is sold at least in tranches of $100 , with tokenization it is possible to divide this threshold by 10, 100, 10,000 to make the asset accessible to a wider audience)
- Transparent
- Ultra secure
- Auditable
- ...
To put it simply, there is SO much upside to using blockchain for financial assets that there is NO scenario where this technological approach will not prevail in the coming decade.
These 2 billion are therefore a very timid incursion into a market of 27,000 billion dollars just for US Treasury Bonds (and this without even counting other asset categories, such as indexes, shares, financial real estate, etc.)
In short and in conclusion, the tokenization of global financial assets and "The (real) next big thing" for blockchain and crypto
3 months ago
platform for all types of betting, read the integration and usage guide for your project token, even if it is a new project released on Sol. Integrate tokens, create immediate use value, UPDOG was dead, but they were revived by integrating gambling technology, so they increased in price
Sponsored by
Kitten Haimer
16 days ago