The 2024 Energy Impact Report reveals solana's carbon footprint reduction by 69% since December 2023. The network achieves this via on-chain carbon credits, innovative biodiversity credits, and a MiCA-compliant real-time emissions dashboard.

🇺🇸 North Carolina passes anti-CBDC bill.

The North Carolina General Assembly passed a bill that prohibits state involvement in testing a CBDC

You panic and you will regret it, be careful my friend 🫱🏾‍🫲🏼

Daily Memecoin Recap - September 5

Memecoins on cardano has to be the biggest meme

Runners Of The Day
$dcc -> $240k to $1 .3m (5.4x), Drunk Chicken Centipede, check bullx/photon to see the right market cap
$dm -> hit $812k , Darcell Migel, original twitter followed by Cobratate & TateTheTalisman
$evil -> hit $458k , "Evil Kermit"
$main -> hit $332k , "Main Character"

Pump Fun-like Platform On Cardano -> snekdotfun
- So many coin-launchpads have been releasing
- Imo pumpdotfun will forever remain the king long-term

Old Coins Reviving
$rocky -> $2m to $5 .5m (2.75x), team started pushing again
$mbc -> $188k to $1m (5.3x), "Mutant Boys Club", launched in July

Animal Memes
$chi -> hit $283k , cat meditating
$sp500 -> hit $213k , Sonic Parrot 500
$selfmade -> hit $200k , dog meme, X community

More Cooks
$bud -> $722k to $2 .46m (3.4x)
$think -> $215k to $800k (3.7x), "Think About It...", X community
$pe -> hit $287k , Half of $pepe

Did you cook? 🍜

🛒 A CarrefourFrance accepts payments in #Bitcoin 🇪🇺

Although some still doubt the monetary status of $BTC , this initiative shows that its use as a means of payment is spreading, including in local shops 🚀

BullVerse Update

BullPad
There have been numerous inquiries regarding BullPad, and we would like to address them. After careful consideration, the team has decided that launching BullPad at this time would not be beneficial. The market sentiment remains highly bearish, trading volumes across financial markets are low, and overall uncertainty persists. Furthermore, Pump.fun’s volume has decreased by 95% from its all-time high. All signs indicate that this is not the ideal time to release a launchpad. However, we remain fully committed to launching it when market conditions are more favorable.

BullPay
BullPay is currently in beta (available at bullpay.fun). As well-needed solution in the space, it is connected to a lot of upcoming features inisde the platform. BullPay will serve not only as a marketplace but also as a crypto payment gateway, like Stripe or PayPal for crypto transactions. We developed an API kit allowing our partners to get paid from their website or mobile app.

Activity Rewards & User Experience
We are still working on developing a sustainable, more gamified and automated solution for activity rewards. Once this is finalized, we will announce it, and automated payouts will resume.

The BullVerse Ecosystem
It’s important to note that BullVerse is a long-term project. We are continually enhancing user, partner, and community engagement. As with any major project, development will unfold progressively rather than all at once.

Communication
The team is working tirelessly behind the scenes to improve the BullVerse ecosystem daily. Many individuals are involved, and significant resources have been invested in this project. Our commitment is unwavering, and we continue to expand our network by forming strategic partnerships, which are crucial for long-term growth. The vision is clear and we are enjoying the journey.

Teasers
Our primary focus has been on laying a strong foundation by creating a stable platform that incorporates both incentives and crypto utilities. Our main goal is to deliver a clear and practical use case that attracts the visibility BullVerse deserves. As a utility project, we view this as a key driver of our success: BullVerse should not just be about content, but also a hub where crypto enthusiasts can speculate, win, lose, be rewarded, and find their community. Something exciting is coming very soon..

Bullish times are ahead,
The BullVerse Team

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

🚨💳 Mastercard launches a euro debit card allowing users to spend their cryptocurrencies directly from a non-custodial wallet at more than 100 million merchants

Daily Memecoin Recap - September 3

Opportunities are everywhere

Monkey Pox
$pox -> $20m to $71m (3.55x)
- Community & team are continuously grinding
- Steadily moving upwards since launch
- Nice concept & art

First Memecoin On Moonkebiz
$sick -> hit $6 .9m
- Launched on moonkebiz
- "First stake-to-meme protocol on Solana"

Hyped Launch
$korat -> hit $12m
- This launch has been in the works for a couple weeks
- Huge pump on launch, then continuous dumps
- Went from $12m to $3k market cap within 2 hours

Crypto Twitter Memes
$ultra -> $112k to $1 .85m (16.5x), "UltramanGodzillaNebulaM78", viral meme on CT
$look -> $434k to $1 .44m (3.3x)
$sweg69 -> hit $511k , "milleniumsweghunter69", good website with a Yu-Gi-Oh card generator
$bagfag -> hit $359k , "Baguette smoking a Faguette"

Fwog Betas
$pogchi -> hit $384k , "Pepefwogmichi", $pepe + $michi + $fwog
$gowilla -> hit $222k , $fwog + gorilla

Utility
$sae -> hit $493k , "Shill and earn", shill tokens, share them on Twitter, earn 3% referral fees for each trade
$pumprep -> hit $207k , tracks the quality of token developers to help prevent rug-pulls

Other Cooks
$mpig -> $929k to $2 .6m (2.8x), launched on dexscreener's moonshot
$luv -> $30k to $291k (9.7x), cat meme
$jetski -> hit $1 .83m
$mope -> hit $1 .7m, dev rugged, current CTO
$johnny -> hit $340k , cute puppy meme

Focus on preserving capital in such market conditions

Ralala #BullVerse , and to say that bullverse is built during a complicated market, to explode upwards during the bull run with a utilitarian and complete product.

You do not realize the project that is being built. I just have to look at what works or the needs to get an idea:

✅ Pumpfun and sunpump

✅ Need a decentralized social network

✅ Payment in crypto

✅ Partner

✅ Easy-to-use interface

The only thing missing from this project is our support. The team shows us that they are building each project. That they care about their users.

We don't have much to do. Talk about the social network around you if you appreciate the experience (it also makes you money 👌🏾). Like coinmarketcap, a dexscreener rocket. Make posts on X if you feel like it.

You will never have food in your mouth if you wait for someone to cook for you 😉

Continue to sell and regret later

Central and Southern Asia Explore Sustainable Alternatives Following Bitcoin Mining Boom
Once a thriving hub for Bitcoin mining, Central and South Asia’s crypto community pivots to more sustainable networks.

While the Wed3 world focuses on international heavyweights like China and the United States, Central and South Asia (CSA) boasts a thriving and diverse crypto economy.

India and Pakistan enjoy some of the highest crypto adoption rates in the world, while cheap energy costs and regulatory clarity made Kazakhstan a Bitcoin mining hub in 2021.

As the crypto community seeks sustainable alternatives, Solana emerges as a prime candidate to support growing adoption in CSA nations.

Central Asia’s Bitcoin Mining Boom
Following the exodus of Bitcoin miners from China in 2021, Central Asian countries like Kazakhstan and Kyrgyzstan played host to huge amounts of crypto mining activity.

Abundant in natural resources, low energy costs, and crypto-friendly laws, the area quickly evolved into a thriving hub Bitcoin mining hub. Crypto mining operations paid as little as.03 per kWh for electricity in Kazakhstan, making it one of the world’s most cost-effective nations for Bitcoin farms.

This led to a surge in crypto adoption rates in Central Asia, with Kazakhstan becoming the world’s second-ranked Bitcoin mining nation in 2021. At its peak in October 2021, Kazakhstan accounted for 18% of the global Bitcoin hashrate. However, Central Asia’s mining utopia couldn’t last forever.

KAZAKHSTAN BITCOIN MINING INDUSTRY OVER TIME

The rising demand for energy put a significant strain on the Central Asian power grid, causing sporadic outages as aging Soviet-era infrastructure struggled to keep up. By May 2023, Kazakhstan’s contribution to the global hashrate had dropped to as low as 4%.

A wrath of regulations have since been implemented to curb crypto mining in Kazakhstan. New mining-specific tax rates have been introduced, and crypto miners in the nation are required by law to sell 75% of their revenue via centralized exchanges.

Meanwhile, neighboring countries like Kyrgyzstan and Uzbekistan are exploring more sustainable energy alternatives, including solar and hydroelectric farms.

IS SOLANA A CONVENIENT SOLUTION Solution?
Courtesy of its hybrid Proof-of-Stake/Proof-of-History consensus mechanism, Solana is one of the most environmentally friendly blockchains in the crypto industry. According to Solana Labs, one transaction requires less energy than a Google search. Additionally, Solana is carbon neutral, having implemented numerous carbon offsetting initiatives.

Marinade Finance, one of Solana’s original staking providers, has found itself in hot water with validator operators.

Validators argue that Marinade’s new Stake Auction Marketplace (SAM) harms the staking landscape, allowing malicious actors to thrive at the expense of honest validators.

Beyond losing stake in the network, chagrined validators suggest that, left unchecked, the SAM model is a threat to decentralization and Solana’s scalability moving forward.

Marinade has dismissed these accusations. Countering claims of apathetic negligence, Marinade argues those who criticize the new system do so out of spite.

Is this a case of willful blindness, or are validators looking for a scapegoat to blame for their own shortcomings?

WHY ARE VALIDATORS UPSET?
Once heralded as a powerful new model that would push staking APY to new heights, the SAM has drawn scorn and skepticism from certain validators. Marinade’s SAM enables validators to bid on network stake, with winners securing stake and passing on elevated rewards to delegators.

To win auctions, validators competitively bid on network stake. However, surging demand for stake has driven validators to bid at potentially unsustainable levels. In previous epochs, winning validators needed to yield over 10% APY to win auctions, a rate considered impossible to achieve through native staking alone.

This has led certain operators to speculate on how these validators can afford such high bids. Suggesting that such yield can only be achieved through malicious activities, like sandwich attacks, private mempools, and off-chain deals, some validators argue that Marinade is turning a blind eye to dishonest validators.

Distressed validators have created analytics dashboards to express their frustrations and support their claims. Hanabi’s ‘Marinade Stake Selling’ dashboard highlights that a number of validators flagged for malicious activity have won stake through the SAM.

Responding to accusations levied by third-party dashboard creators, Marinade CEO Michael Repetny argues “Hanabi lacks any methodology, they only copy labels from other Stakewiz dashboard to call it a day.”

Adding further context to the claims of disgruntled operators, Repetny affirms “Hanabi lost 1M SOL from Marinade so it’s understandable he fights the new system.”

Concerned validators have taken to Marinade’s Discord server to air their grievances. Operators have claimed that, through the SAM, over 2.7M SOL has been staked to questionable validators, including sybils and sandwiches. Disgruntled operators even suggested “Marinade wants you to have side deals, ethical or not.”

Additionally, validators have argued that if “most of the mSOL pool is delegated to unethical validators it’s a really bad look for the Solana ecosystem.”

In an exclusive statement with SolanaFloor, Max Kaplan, Head of Engineering at Edgevana, credits Marinade for trying something inventive that “had never been done before”.

However, Kaplan admits that Marinade “went full capitalist… basically, the highest bidder wins. Marinade doesn’t really care if a validator bids for stake and is just gonna lose money on that stake, that’s not their problem… They’re happy to take the money and give that to mSOL holders.”

Experts argue that in current conditions, staking yield over 10% simply isn’t sustainable. Kaplan contends “10% APY is higher than the native staking yield that is paid out on chain. The money has to come from somewhere.”

Without making any accusations, Kaplan theorizes that additional yield could potentially come from a validator’s own “marketing/growth budget” or other sources like “SWQoS / private mempool deals”.

Responding to any accusations, Repetny reinforces Marinade's stance that “SAM provides the best yield on the market for delegators. It is not an active policy maker or opinionated strategy to tweak the network.”

🇧🇷 Cardano founder Charles Hoskinson plans to build decentralized social network in Brazil following X ban.

"While Brazil has silenced our brothers and sisters on X, their work will remain and matter to all of us."

“I look forward to recruiting many Brazilians to help us build a decentralized social network.”

https://x.com/iohk_charles...

The $POPDOG Diamond Card 💎😱

When played correctly will make Paperhands beg for forgiveness 🙏😢

🔎 Bitcoin is 12% from its ATH but nobody cares about cryptos...

Bitcoin search interest (in blue) is at 19, compared to an average of 28 over the past 5 years 😬

Interest in "crypto" looks like a flat EEG 💀 

❌ Zero Hype so far

Kolo are bringing out a crypto linked Mastercard in September

Farm Kolo and get on the waiting list here

https://t.me/kolo?start=re...

🇦🇪 The United Arab Emirates is asking the French government to urgently provide Telegram CEO Pavel Durov with "all consular services".

Consular services are a series of services offered by diplomatic representations, intended to support and protect interests abroad.
This ranges from assistance in the event of detention, police custody or administrative detention, assistance in choosing a lawyer, provision of information on legal proceedings abroad, etc.

“Caring for citizens, preserving their interests and providing them with all necessary support are top priorities for the UAE.”

Durov, an entrepreneur of Russian origin, is an Emirati citizen

https://decrypt.co/246533/...

Russia plans to use national payment card system for Ruble-Crypto exchanges starting September 1

- Bloomberg

🇷🇺 Russia will use a national payment card system to exchange rubles for cryptocurrencies starting September 1, according to Bloomberg

Meme coins are like a casino where counting cards is allowed.

Hard to know how to count cards at first but once you figure it out...

While you don't believe that the bull will hit NFT, let's figure out when it will happen 🤔

It has already happened. Why don't you understand where the liquidity has stagnated in the market, and what trend will conquer the market next?

Where is the next rocket? New SocialFi, shields in another chain? Which one? NEAR? CARDANO? While you are looking for new gems, liquidity is quietly flowing into already familiar channels, and the NFT market has already given it a local zazu 👋

It's even funny that the projects that were raped by sybils during the retro fever, holders of cult NFTs on the air were given more awards than their "faithful" adherents. But does this mean that the NFT sector will explode on this bull? Yes and no.

Last season's NFT bull run had just a few vessels to accumulate liquidity in - the CryptoPunks and Bored Ape Yacht Club collections. Then demand cut off supply, leading to incredibly high price expectations and hopes, and liquidity leaked into other random ETH collections and other chains. Boom, the bubble burst, something that can never be repeated.

We now have many chains with NFTs, liquidity and attention are spread out, and there is no single major trend in a select few NFT collections. But NFTs are here to stay, and they continue to grow as a category. And locally, that will never stop.

#Bitcoin

Be careful with the big swing, I still haven't gotten into it! I'm waiting for the neckline breakout as expected

Looks good

While you don’t believe that the bull will be affected by NFTs, let’s figure out when this happens 🤔

Already happened. Why don’t you understand where liquidity has accumulated in the market, and what trend will conquer the market next?

Where's the next rocket? New SocialFi ? Which one? NEAR? CARDANO? While you are looking for new gems, liquidity imperceptibly flows into already familiar channels, and the NFT market has already given a promise locally 👋

It’s even funny that the projects that were raped by the sibils during the retro fever were given more awards to the holders of the cult NFTs on air than to their “faithful” adherents. But does this mean that the NFT sector will explode on this bull? Yes and no.

Last season's NFT bull cycle only had a few vessels to accumulate liquidity in - the CryptoPunks collections and the Bored Ape Yacht Club . Demand then cut off supply, leading to incredibly high price expectations and hopes, with liquidity leaking into other random collections on ETH and other chains. Boom, the bubble burst, it can never be repeated.

We currently have many NFT chains, liquidity and attention are spread out, and there is no single major trend across a select few NFT collections. But NFTs are here to stay and continue to grow as a category. And locally it will never stop.

🚨BREAKING: The #Solana Phantom wallet now allows its users to "top up" to buy crypto with Apple Pay, debit cards, credit cards and bank transfers!!️ 👀

LETS HYPE THIS UP AND GET MORE PROJECTS USING BULLVERSE!!!! cant wait for bullverse to do something better than X spaces lol!

SUPER EXCITED FOR OUR 4TH $NOOZ ROOM Chill & Shill... Spaces on X tomorrow!!

We've got some Huge $NOOZ for you guys on a new service that we've been working on for the last few weeks!! DON'T MISS THIS ONE!!

We have got 26 Amazing guest projects coming along to speak! Thursday 22/08/2024 10PM BST, 5PM EST!

kitsunetokensol

SharbiToken

HEEHEESolana

@POPDOGsolcoin

UToobCoin

trumpworldsol

BullVerse_

MemeFestWTF

MemeBattleFun

PocoYouflix

spredict_io

redthemals

jasonowings5

lowIQFrens

onichansol

UberJeetsCTO

StashhApp

SOLbirddog

MEMECON_ASIA

DogeToolsDC

SPACE_P3NGUIN

OscarDogOnSol

PikapepeCoin

DogeSolTakeover

Daily Memecoin Recap - August 20

All Eyes On Tron

Justin Sun - $trx 's Final Boss
$sundog -> hit $250m , rumours that it was launched by Justin Sun's team, a lot of big influencers got in on this early, launched their own tron trading bot "sunbot"
$wukong -> hit $32m ,
justinsuntron changes his pfp to wukong & tweets about it
$suncat -> hit $23 .5m
$sunwukong -> hit $13 .5m
$sunned -> hit $10m , organized push, "get sunned"
- justinsuntron has been bull posting Tron heavily
- People have been bridging over from sol recently to follow the hype
- justinsuntron launched sunpump, which is essentially pumpfun on the tron blockchain

More Tron Cooks
$fofar -> hit $43 .9m,
matt_furie inspired coin one of the leaders on Tron
$biao -> hit $6m , a popular Chinese meme, the same coin exists on $sol
$troge -> hit $5 .5m, tron $doge
$blake -> hit $4 .7m, cartoon character
$tbull -> hit $4 .6m, tron bull
- There has been many multi-million runners this past week
- Trading on Tron is refreshing and is a lot less pvp then sol at the moment

Some Sol Cooks
$coby -> $1 .7m to $5m (2.94x), dog meme
$glep -> hit $500k , cool art
$hff -> hit $325k , "Holy Frog Father"

Very low liquidity on solana today

The whole timeline is bridging over to Tron, it's a much more PvE environment

Everyone's wondering one thing: How long will the Tron craze last?

The hype on Tron is completely dependent on Justin Sun's next moves. Ultimately I do believe that liquidity will rotate back to $sol

Thoughts on Tron?

Former White House Secretary Anthony Scaramucci believes a $SOL ETF could be approved in Q1 2025 if Donald Trump wins the U.S. election.

Introducing Feyk $NOOZ new Mascot $oscar !

shoutout to
@POPDOGsolcoin
for being the coolest dog on Solana! maybe 1 day we can scare off the cats away together!

and
MariaAndersenM
thinks he's super cute too!

TeTheGamer
did you see the part where he took a dump on
mrpunkdoteth
sorry about oscar bro!

CA:BTqniocxqqxqdF2Kf9JVvQqF92qcUmTiJrZk5nWhpump

Livestream on Pumpfun: https://pump.fun/BTqniocxq...

TG: https://t.me/oscardogsol

X:
OscarDogOnSol

$POPDOG has listed on flooz_xyz (https://x.com/flooz_xyz) !

http://flooz.xyz/POPDOGsol...

In a few days FLOOZ’s long awaited wait will go live on SOLANA chain and you will be able to purchase POPDOG with Credit/ Debit card, APPLE and GOOGLE Pay! 💳🔴💵

A huge step in easily onboarding #POPDOG holders!🧍🧍🏿‍♂️🧍‍♀️

⚠️ ATTENTION: Cardano #ADA has just FALLEN BELOW the Top 10 cryptocurrencies by market capitalization after correcting 25% in the last month!!️ 👀