5 days ago
🎲 Poker Tournament Alert! 🎲
🔥 Registration is now OPEN for our free-entry tournament! Don’t miss your chance to join the most degen poker game on Solana! 🚀
📍 How to register:
1️⃣ Join our Telegram https://t.me/MummatSolana.
2️⃣ Share the following details in the Telegram chat:
-Your Twitter.
-Your Telegram.
-The username you registered with in the poker room.
🃏 Poker Room Link: https://pokernow.club/mtt/...
Let’s play! 💰💎
$Mummat #Solana #PokerTournament #CryptoCommunity
🔥 Registration is now OPEN for our free-entry tournament! Don’t miss your chance to join the most degen poker game on Solana! 🚀
📍 How to register:
1️⃣ Join our Telegram https://t.me/MummatSolana.
2️⃣ Share the following details in the Telegram chat:
-Your Twitter.
-Your Telegram.
-The username you registered with in the poker room.
🃏 Poker Room Link: https://pokernow.club/mtt/...
Let’s play! 💰💎
$Mummat #Solana #PokerTournament #CryptoCommunity
12 days ago
🚨 The $MUMMAT billboard in Mexico is now LIVE! 🚨
Our mummy is making moves worldwide 🌍
This is just the beginning, fam, buckle up for what’s next! 🔥
#Solana #SolanaMemecoin
Our mummy is making moves worldwide 🌍
This is just the beginning, fam, buckle up for what’s next! 🔥
#Solana #SolanaMemecoin
13 days ago
🚨 The $MUMMAT billboard in Mexico is now LIVE! 🚨
Our mummy is making moves worldwide 🌍
This is just the beginning, fam, buckle up for what’s next! 🔥
#Solana #SolanaMemecoin
Our mummy is making moves worldwide 🌍
This is just the beginning, fam, buckle up for what’s next! 🔥
#Solana #SolanaMemecoin
1 month ago
Daily Memecoin Recap - October 31
Million dollar runners is the norm at this point 🤫
TheCat Burns Bundled Supply
$thecat -> $7 .25m to $13 .2m (1.8x)
- 21% of supply has been burned
- Roughly $2 ,000,000 worth
Solana Foundation Cat
$hima -> hit $22m
$hima -> hit $835k , solana official mascot cat
- 50% of supply sent to the solana foundation
RIP ETH
$ripeth -> hit $16m
$eth -> hit $360k , #retardio + $eth
- Literally rip $ETH
Bome Dev Rumour
$㊙️ -> hit $2 .2m
- Launched with $bome like art
- People speculated that it was somehow connected to the $bome deployer wallet
- Currently sitting at $44k
OpenAI Mascot
$sky -> hit $5 .1m
- kevinweil confirmed its name on reddit
Election Soon
$47 -> $1m to $14m (14x), devs clipped, now slowly climbing up again
$deep -> hit $1 .9m, the deep state
$honor -> hit $1 .7m
#freedom -> hit $315k
Artificial Intelligence
#project89 -> $6 .3m to $26 .2 (4.2x)
#zerebro -> $4 .2m to $15 .7m (3.7x)
$ib -> $530k to $11 .6m (21.9x)
$matrix -> hit $3m , Roko's Matrix
#logos89 -> hit $1 .8m
$moksha -> hit $1 .6m
$pp -> hit $995k , PumpPad AI
Retardio
#retardio -> $115m to $185m (1.6x)
$rzack -> hit $2 .7m, #retardio + $zack , MrZackMorris
Sigma Goes For ATH
$sigma -> $51m to $94m (1.8x)
More Cooks
$rzlr -> $3m to $14 .7m (4.9x), the rizzler
$earl -> $1 .7m to $9 .1m (5.3x)
$fridge -> $1 .5m to $5m (3.3x)
$snoo -> hit $9m , Reddit Mascot
$hat -> hit $6 .1m, first no-code AI agent launchpad on solana
#pumpcat -> hit $2 .4m
$pnut -> hit $2 .1m, pet squirrel
$cape -> hit $1 .1m, crazy ape
$copium -> hit $930k
$luchi -> hit $845k , $LUCE + $MICHI
$ks -> hit $840k , kittyspin
$aqutan -> hit $820k
$cone -> hit $770k , cone cat
$derg -> hit $760k , dog meme
$gamma -> hit $730k , $giga beta
$bangy -> hit $720k , cat meme
What are you bidding?
Million dollar runners is the norm at this point 🤫
TheCat Burns Bundled Supply
$thecat -> $7 .25m to $13 .2m (1.8x)
- 21% of supply has been burned
- Roughly $2 ,000,000 worth
Solana Foundation Cat
$hima -> hit $22m
$hima -> hit $835k , solana official mascot cat
- 50% of supply sent to the solana foundation
RIP ETH
$ripeth -> hit $16m
$eth -> hit $360k , #retardio + $eth
- Literally rip $ETH
Bome Dev Rumour
$㊙️ -> hit $2 .2m
- Launched with $bome like art
- People speculated that it was somehow connected to the $bome deployer wallet
- Currently sitting at $44k
OpenAI Mascot
$sky -> hit $5 .1m
- kevinweil confirmed its name on reddit
Election Soon
$47 -> $1m to $14m (14x), devs clipped, now slowly climbing up again
$deep -> hit $1 .9m, the deep state
$honor -> hit $1 .7m
#freedom -> hit $315k
Artificial Intelligence
#project89 -> $6 .3m to $26 .2 (4.2x)
#zerebro -> $4 .2m to $15 .7m (3.7x)
$ib -> $530k to $11 .6m (21.9x)
$matrix -> hit $3m , Roko's Matrix
#logos89 -> hit $1 .8m
$moksha -> hit $1 .6m
$pp -> hit $995k , PumpPad AI
Retardio
#retardio -> $115m to $185m (1.6x)
$rzack -> hit $2 .7m, #retardio + $zack , MrZackMorris
Sigma Goes For ATH
$sigma -> $51m to $94m (1.8x)
More Cooks
$rzlr -> $3m to $14 .7m (4.9x), the rizzler
$earl -> $1 .7m to $9 .1m (5.3x)
$fridge -> $1 .5m to $5m (3.3x)
$snoo -> hit $9m , Reddit Mascot
$hat -> hit $6 .1m, first no-code AI agent launchpad on solana
#pumpcat -> hit $2 .4m
$pnut -> hit $2 .1m, pet squirrel
$cape -> hit $1 .1m, crazy ape
$copium -> hit $930k
$luchi -> hit $845k , $LUCE + $MICHI
$ks -> hit $840k , kittyspin
$aqutan -> hit $820k
$cone -> hit $770k , cone cat
$derg -> hit $760k , dog meme
$gamma -> hit $730k , $giga beta
$bangy -> hit $720k , cat meme
What are you bidding?
1 month ago
2 months ago
Will Ethereum remain institutions' top choice?
jonahrobrts breaks down the blockchain competition for TradFi's attention 🤼♂️
========================================
Disruption. Digitization. Financial inclusion. Future-proofing.
What do all of these oft-repeated buzzwords have in common? They’ve all been used by crypto-pilled associates at TradFi firms to pitch their bosses on the exciting upside of blockchain tech. This year, it seems, the executives are listening.
Institutions jumped into crypto more headlong than ever in 2024. Their moves are starting to bridge the gap between TradFi and DeFi. However, this article isn’t focused on why firms are building onchain. Instead, we are focusing on where these funds are choosing to build.
----------------------------
What’s Happening on Ethereum?
Ethereum is the world’s largest smart-contract blockchain network. It has secured over $90 billion in RWAs, including stablecoins. 2024 has been a big year for the adoption of non-stablecoin RWAs on Ethereum as well, with the network growing its onchain U.S. treasuries, bonds, and cash equivalents from $800 million to over $1 .5 billion and overall non-stablecoin RWA value to $2 .9 billion.
Some of the major players building on Ethereum this year include
Visa, BlackRock and FTI_US
Earlier this month, Visa announced that they are building the Visa Tokenized Asset Platform (VTAP) on Ethereum. This is the company’s biggest step toward crypto adoption thus far. VTAP enables Visa to issue and manage fiat-backed tokens on Ethereum. It is intended to be a sandbox for participating financial institutional partners to create and experiment with fiat-backed tokens. They expect to begin piloting the platform with Spanish multinational bank BBVA in 2025. While the VTAP program is certainly an experiment, it gives credit to the thesis that TradFi will migrate its operations onto Ethereum over the coming decades.
----------------------------
Yet, the success of Ethereum’s competitors highlights a critical point: institutions are no longer bound to a single network. While Ethereum is foundational, blockchains like Solana and Stellar provide alternatives that are increasingly hard to ignore. However, they also present novel interoperability concerns.
Interoperability is central to the future of institutional blockchain adoption. As Visa states in their VTAP press release announcement, the largest benefits of building onchain include easy integration, programmability, and interoperability. Institutions that venture onto non-EVM chains like Solana or Stellar may face challenges in asset liquidity and protocol compatibility. This can lead to reliance on third-party services to bridge assets between chains, which introduces complexity and security risks. Ethereum’s widespread use means that staying within the EVM ecosystem—whether through Ethereum or Layer 2 solutions—remains the simplest and most secure option for institutions.
----------------------------
However, for Ethereum to maintain its lead in the race toward institutional adoption, it must continue to balance world-class security and stability with the performance and scalability that competing chains continue to push. The race to capture the attention of institutional finance will be won by the network that can not only meet today’s demands but also anticipate the needs of tomorrow. Ethereum is well-positioned for now, but staying on top will require constant evolution.
jonahrobrts breaks down the blockchain competition for TradFi's attention 🤼♂️
========================================
Disruption. Digitization. Financial inclusion. Future-proofing.
What do all of these oft-repeated buzzwords have in common? They’ve all been used by crypto-pilled associates at TradFi firms to pitch their bosses on the exciting upside of blockchain tech. This year, it seems, the executives are listening.
Institutions jumped into crypto more headlong than ever in 2024. Their moves are starting to bridge the gap between TradFi and DeFi. However, this article isn’t focused on why firms are building onchain. Instead, we are focusing on where these funds are choosing to build.
----------------------------
What’s Happening on Ethereum?
Ethereum is the world’s largest smart-contract blockchain network. It has secured over $90 billion in RWAs, including stablecoins. 2024 has been a big year for the adoption of non-stablecoin RWAs on Ethereum as well, with the network growing its onchain U.S. treasuries, bonds, and cash equivalents from $800 million to over $1 .5 billion and overall non-stablecoin RWA value to $2 .9 billion.
Some of the major players building on Ethereum this year include
Visa, BlackRock and FTI_US
Earlier this month, Visa announced that they are building the Visa Tokenized Asset Platform (VTAP) on Ethereum. This is the company’s biggest step toward crypto adoption thus far. VTAP enables Visa to issue and manage fiat-backed tokens on Ethereum. It is intended to be a sandbox for participating financial institutional partners to create and experiment with fiat-backed tokens. They expect to begin piloting the platform with Spanish multinational bank BBVA in 2025. While the VTAP program is certainly an experiment, it gives credit to the thesis that TradFi will migrate its operations onto Ethereum over the coming decades.
----------------------------
Yet, the success of Ethereum’s competitors highlights a critical point: institutions are no longer bound to a single network. While Ethereum is foundational, blockchains like Solana and Stellar provide alternatives that are increasingly hard to ignore. However, they also present novel interoperability concerns.
Interoperability is central to the future of institutional blockchain adoption. As Visa states in their VTAP press release announcement, the largest benefits of building onchain include easy integration, programmability, and interoperability. Institutions that venture onto non-EVM chains like Solana or Stellar may face challenges in asset liquidity and protocol compatibility. This can lead to reliance on third-party services to bridge assets between chains, which introduces complexity and security risks. Ethereum’s widespread use means that staying within the EVM ecosystem—whether through Ethereum or Layer 2 solutions—remains the simplest and most secure option for institutions.
----------------------------
However, for Ethereum to maintain its lead in the race toward institutional adoption, it must continue to balance world-class security and stability with the performance and scalability that competing chains continue to push. The race to capture the attention of institutional finance will be won by the network that can not only meet today’s demands but also anticipate the needs of tomorrow. Ethereum is well-positioned for now, but staying on top will require constant evolution.
2 months ago
Daily Memecoin Recap - October 13
Easy mode is finally here
AI Takes Over
$goat -> $6m to $95m (15.8x), truth_terminal
$opus -> hit $2 .66m, Claude Opus AI
#memesAI -> hit $2 .3m, another AI agent like $goat , AIHegemonyMemes
#a69z -> hit $779k , based on a16z
$dog -> hit $635k , dog version of $goat , Dogteus Maximus
- Founder of A16z pmarca funded an AI agent. The AI then created its own coin and started shitposting truth_terminal ( $goat )
- It tweets around 10 times/hour, constantly bullposting the coin without end
- Proof that narrative is king
Truth Terminal Tweets
$tree -> hit $1 .78m
$wen -> hit $540k
- These are based on tweets by truth_terminal ( $goat )
SPX Wants $1B
$spx -> hit $925m
$marie -> hit $7 .6m, Marie Rose, girl in one of the main $spx memes
$marie -> hit $4 .12m, on $eth
Great Volume
#conviction -> $228k to $2m (8.77x), Buy + Hodl + Believe
$swarm -> hit $4 .93m
$pve -> hit $3 .26m, player vs environment trading instead of player vs player
$main -> hit $1 .12m, main character, gen z meme
$peek -> hit $903k
$fumble -> hit $400k , shoulda woulda coulda
Retardio Meta
#retardio -> hit $197m , new ATH, deranged communities stay winning
$rsi -> hit $3 .6m, Retardio Solami Index
#ethtardio -> hit $3 .73m, on $eth
Dead Or Alive Meta
$alpha -> hit $7m , boss from the game series "dead or alive"
$tina -> hit $1 .52m
$kasumi -> hit $303k
Hyped Launch
$genz -> hit $929k , good art
Speed Coming Back To Life
$speed -> $750k to $5 .88m (7.84x)
- ATH of $25m
- Was one of the highest market cap degen memes in May
More Cooks
$dolan -> $7 .6m to $26m (3.42x), Dolan Duck
$morud -> $2 .3m to $8 .3m (3.6x), redacted Murad
$aped -> $333k to $1 .53m (4.6x), "I aped"
$lockin -> hit $94m , the cult continues to grow
$rich -> hit $9 .93m, good meme
$us -> hit $1 .82m, America's flag
$cult -> hit $1 .77m
$piu -> hit $983k
#gt3rs -> hit $730k , Porsche
$bite -> hit $530k , bitecoin, $btc meme
$retire -> hit $517k , "the last play so I can retire"
$dorime -> hit $473k , viral rat meme
$xtacy -> hit $283k
$bwob -> hit $267k , $fwog beta
$ddog -> hit $235k , data dog, programmable and immutable dog on $sol
What if this AI meta never ends and we just start trading memes that different agents create all day
Easy mode is finally here
AI Takes Over
$goat -> $6m to $95m (15.8x), truth_terminal
$opus -> hit $2 .66m, Claude Opus AI
#memesAI -> hit $2 .3m, another AI agent like $goat , AIHegemonyMemes
#a69z -> hit $779k , based on a16z
$dog -> hit $635k , dog version of $goat , Dogteus Maximus
- Founder of A16z pmarca funded an AI agent. The AI then created its own coin and started shitposting truth_terminal ( $goat )
- It tweets around 10 times/hour, constantly bullposting the coin without end
- Proof that narrative is king
Truth Terminal Tweets
$tree -> hit $1 .78m
$wen -> hit $540k
- These are based on tweets by truth_terminal ( $goat )
SPX Wants $1B
$spx -> hit $925m
$marie -> hit $7 .6m, Marie Rose, girl in one of the main $spx memes
$marie -> hit $4 .12m, on $eth
Great Volume
#conviction -> $228k to $2m (8.77x), Buy + Hodl + Believe
$swarm -> hit $4 .93m
$pve -> hit $3 .26m, player vs environment trading instead of player vs player
$main -> hit $1 .12m, main character, gen z meme
$peek -> hit $903k
$fumble -> hit $400k , shoulda woulda coulda
Retardio Meta
#retardio -> hit $197m , new ATH, deranged communities stay winning
$rsi -> hit $3 .6m, Retardio Solami Index
#ethtardio -> hit $3 .73m, on $eth
Dead Or Alive Meta
$alpha -> hit $7m , boss from the game series "dead or alive"
$tina -> hit $1 .52m
$kasumi -> hit $303k
Hyped Launch
$genz -> hit $929k , good art
Speed Coming Back To Life
$speed -> $750k to $5 .88m (7.84x)
- ATH of $25m
- Was one of the highest market cap degen memes in May
More Cooks
$dolan -> $7 .6m to $26m (3.42x), Dolan Duck
$morud -> $2 .3m to $8 .3m (3.6x), redacted Murad
$aped -> $333k to $1 .53m (4.6x), "I aped"
$lockin -> hit $94m , the cult continues to grow
$rich -> hit $9 .93m, good meme
$us -> hit $1 .82m, America's flag
$cult -> hit $1 .77m
$piu -> hit $983k
#gt3rs -> hit $730k , Porsche
$bite -> hit $530k , bitecoin, $btc meme
$retire -> hit $517k , "the last play so I can retire"
$dorime -> hit $473k , viral rat meme
$xtacy -> hit $283k
$bwob -> hit $267k , $fwog beta
$ddog -> hit $235k , data dog, programmable and immutable dog on $sol
What if this AI meta never ends and we just start trading memes that different agents create all day
2 months ago
Daily Memecoin Recap - October 9
Dolphins + FBI + ZachXBT sums up today
Dolphin Dilemma
$hanbao -> hit $11 .7m, Hanbao the finless porpoise, viral dolphin meme
$miharu -> hit $9 .36m, smiling dolphin
$miharu -> hit $1 .39m
$taotao -> hit $615k , first finless porpoise born in captivity
- Dolphin picture has been going viral and being used as a meme
- People were quick to find its name, but there was many debates on whether Miharu or HanBao was the correct one
FBI Launched A Coin
$nexf -> hit $670k , Nex Fund AI
$nfa -6900 -> hit $366k , NexFunDai-6900, $spx + NexFundAI
- The FBI created their own coin called NexFundAI and hired some firms so that they can catch them doing fraudulent activities
- NexFundAI was a coin created at the direction of law enforcement on $eth
Major Volume
$skbdi -> $2 .78m to $49 .1m (17.6x from the low), skibidi toilet
$cb -> $9 .4m to $22 .5m (2.39x), cheeseball, wizard cat, fire content
$alpha -> $2 .45m to $8m (3.26x), reject modernity
$1 % -> hit $1 .71m, "The One Percent", the 1% club, pushed by MarcellxMarcell
$casino -> hit $308k , crypto is the world's greatest casino, same dev as #supercycle
ZachXBT Exposes Murad's Wallets
$spx -> Initially dumped from $650m to $395m (-40%) on the news. Currently climbing back up, sitting at $576m .
#mpx6900 -> hit $2 .58m, memecoin index, $spx beta
Sigma Heads For $100m
$sigma -> $25 .6m to $83 .1m (3.24x from the low), pushed by idrawline
$ligma -> hit $483k , ligma males, beta to $sigma
Mini Breaks $50m
$mini -> $24m to $59 .85m (2.49x
Lieutenant Dan
$dan -> $49k to $1 .37m (27.96x)
- Viral Floridian who refuses to leave his boat in Florida despite Hurricane Milton
More Cooks
$r /snoofi -> $5 .5m to $13 .3m (2.4x from the low), reddit dog makes a higher high
$labubu -> $1 .35m to $10 .75m (7.96x from the low), #1 toy in Asia
$diddy -> $488k to $2 .56m (5.25x)
$arc -> $182k to $866k (4.75x), villain arc
$todd -> hit $2 .32m
#hawktoshi -> hit $1 .2m, Hawktoshi Tuahmoto, Satoshi + Hawk Tuah
$risk -> hit $1m
$penis -> hit $870k , dinosaur + penis
$boys -> hit $729k , moonshot launch
$rosa -> hit $658k , viral otter
$wif -> hit $544k , "Your second chance at wif", launched in June
$alpha -> hit $448k
$scream -> hit $364k
$sato -> hit $354k
pumpdotfun save the trenches pls
Dolphins + FBI + ZachXBT sums up today
Dolphin Dilemma
$hanbao -> hit $11 .7m, Hanbao the finless porpoise, viral dolphin meme
$miharu -> hit $9 .36m, smiling dolphin
$miharu -> hit $1 .39m
$taotao -> hit $615k , first finless porpoise born in captivity
- Dolphin picture has been going viral and being used as a meme
- People were quick to find its name, but there was many debates on whether Miharu or HanBao was the correct one
FBI Launched A Coin
$nexf -> hit $670k , Nex Fund AI
$nfa -6900 -> hit $366k , NexFunDai-6900, $spx + NexFundAI
- The FBI created their own coin called NexFundAI and hired some firms so that they can catch them doing fraudulent activities
- NexFundAI was a coin created at the direction of law enforcement on $eth
Major Volume
$skbdi -> $2 .78m to $49 .1m (17.6x from the low), skibidi toilet
$cb -> $9 .4m to $22 .5m (2.39x), cheeseball, wizard cat, fire content
$alpha -> $2 .45m to $8m (3.26x), reject modernity
$1 % -> hit $1 .71m, "The One Percent", the 1% club, pushed by MarcellxMarcell
$casino -> hit $308k , crypto is the world's greatest casino, same dev as #supercycle
ZachXBT Exposes Murad's Wallets
$spx -> Initially dumped from $650m to $395m (-40%) on the news. Currently climbing back up, sitting at $576m .
#mpx6900 -> hit $2 .58m, memecoin index, $spx beta
Sigma Heads For $100m
$sigma -> $25 .6m to $83 .1m (3.24x from the low), pushed by idrawline
$ligma -> hit $483k , ligma males, beta to $sigma
Mini Breaks $50m
$mini -> $24m to $59 .85m (2.49x
Lieutenant Dan
$dan -> $49k to $1 .37m (27.96x)
- Viral Floridian who refuses to leave his boat in Florida despite Hurricane Milton
More Cooks
$r /snoofi -> $5 .5m to $13 .3m (2.4x from the low), reddit dog makes a higher high
$labubu -> $1 .35m to $10 .75m (7.96x from the low), #1 toy in Asia
$diddy -> $488k to $2 .56m (5.25x)
$arc -> $182k to $866k (4.75x), villain arc
$todd -> hit $2 .32m
#hawktoshi -> hit $1 .2m, Hawktoshi Tuahmoto, Satoshi + Hawk Tuah
$risk -> hit $1m
$penis -> hit $870k , dinosaur + penis
$boys -> hit $729k , moonshot launch
$rosa -> hit $658k , viral otter
$wif -> hit $544k , "Your second chance at wif", launched in June
$alpha -> hit $448k
$scream -> hit $364k
$sato -> hit $354k
pumpdotfun save the trenches pls
2 months ago
3 months ago
SOLANA BREAKPOINT: The Biggest Announcements From Day One
Hopes were high for some big announcements, but even the most devout Solana maxi wasn’t ready for this.
Over 5,700 Solana fans, users, and bulls descended on day one of Singapore Breakpoint. The biggest conference event in Solana history, Breakpoint delivered a wrath of key updates, with crucial developments announced from both native teams and institutional players.
If you weren’t at Breakpoint, here’s what you need to know:
FIREDANCER LIVE ON TESTNET
Solana users and investors alike were delighted to see Kevin Bowers, Jump Crypto’s Chief Science Officer take the stage to deliver one of the network’s most eagerly awaited updates.
Firedancer, the novel validator client promising to bring unparalleled levels of scalability, decentralization, and security to Solana, is now live on testnet.
But that’s just the tip of the iceberg. Bowers also took the opportunity to outline the development history of the client and its evolution from Frankendancer, an experimental synergy of existing software with Jump’s new codebase, to the optimized final Firedancer product.
To rounds of raucous applause from the Solana faithful, Bowers announced that the existing Frankendancer client is now live on the Solana mainnet.
FRANKLIN TEMPLETON BUILDING ON SOLANA
While existing SOL ETF applications find themselves unlikely to be approved in the short term, that doesn’t mean that TradFi giants aren’t eager to launch Solana-based products to their institutional clients.
Franklin Templeton, one of the world’s largest financial players boasting over $1 .3T in AUM (Assets Under Management) announced its intention to launch a mutual fund on the Solana blockchain.
CITIBANK EXPLORING SOLANA
Franklin Templeton, 21Shares, and VanEck aren’t the only Wall Street players with an eye on crypto’s most performant Layer-1.
Citibank, the fourth largest bank in the United States, shared that it was exploring Solana’s potential, suggesting that seamless money transfers and advanced smart contract composability present unique opportunities in the future.
JUPITER MAKES BIG MOVES
Traditional Finance may have dominated the headlines, but Solana-native DeFi teams also commanded their fair share of the spotlight.
Jupiter co-founder Siong presented an immense range of updates coming to Jupiter’s expansive ecosystem. Crucial announcements included a refreshed v2 perps platform, the reveal of the Ape Pro memecoin trading platform, further details surrounding the Jupiter mobile wallet, and Jupiter’s acquisition of the SolanaFM explorer.
SKY, FORMERLY MakerDAO, DEPLOYS ON SOLANA
MakerDAO, one of the crypto industry’s longest standing DeFi protocols, recently rebranded to SKY, migrating its iconic decentralized stablecoin from $DAI to $USDS . Building on top of the momentum achieved with the rebrand, SKY announced a proposal to leverage Wormhole’s cross-chain infrastructure to bridge $USDS to Solana.
Reinforcing SKY’s desire to be present on the Solana network, the protocol announced an rewards campaign to incentivise deeper liquidity on the network. According to SKY governance, the maximum distribution of weekly rewards is capped at 2M $SKY .
The move helps to bring greater stability to Solana DeFi by providing a more diversified range of stablecoin assets onchain.
Continuing the trend of Solana migration, the Huma Finance PayFi network also announced its intention to launch on the network.
Hopes were high for some big announcements, but even the most devout Solana maxi wasn’t ready for this.
Over 5,700 Solana fans, users, and bulls descended on day one of Singapore Breakpoint. The biggest conference event in Solana history, Breakpoint delivered a wrath of key updates, with crucial developments announced from both native teams and institutional players.
If you weren’t at Breakpoint, here’s what you need to know:
FIREDANCER LIVE ON TESTNET
Solana users and investors alike were delighted to see Kevin Bowers, Jump Crypto’s Chief Science Officer take the stage to deliver one of the network’s most eagerly awaited updates.
Firedancer, the novel validator client promising to bring unparalleled levels of scalability, decentralization, and security to Solana, is now live on testnet.
But that’s just the tip of the iceberg. Bowers also took the opportunity to outline the development history of the client and its evolution from Frankendancer, an experimental synergy of existing software with Jump’s new codebase, to the optimized final Firedancer product.
To rounds of raucous applause from the Solana faithful, Bowers announced that the existing Frankendancer client is now live on the Solana mainnet.
FRANKLIN TEMPLETON BUILDING ON SOLANA
While existing SOL ETF applications find themselves unlikely to be approved in the short term, that doesn’t mean that TradFi giants aren’t eager to launch Solana-based products to their institutional clients.
Franklin Templeton, one of the world’s largest financial players boasting over $1 .3T in AUM (Assets Under Management) announced its intention to launch a mutual fund on the Solana blockchain.
CITIBANK EXPLORING SOLANA
Franklin Templeton, 21Shares, and VanEck aren’t the only Wall Street players with an eye on crypto’s most performant Layer-1.
Citibank, the fourth largest bank in the United States, shared that it was exploring Solana’s potential, suggesting that seamless money transfers and advanced smart contract composability present unique opportunities in the future.
JUPITER MAKES BIG MOVES
Traditional Finance may have dominated the headlines, but Solana-native DeFi teams also commanded their fair share of the spotlight.
Jupiter co-founder Siong presented an immense range of updates coming to Jupiter’s expansive ecosystem. Crucial announcements included a refreshed v2 perps platform, the reveal of the Ape Pro memecoin trading platform, further details surrounding the Jupiter mobile wallet, and Jupiter’s acquisition of the SolanaFM explorer.
SKY, FORMERLY MakerDAO, DEPLOYS ON SOLANA
MakerDAO, one of the crypto industry’s longest standing DeFi protocols, recently rebranded to SKY, migrating its iconic decentralized stablecoin from $DAI to $USDS . Building on top of the momentum achieved with the rebrand, SKY announced a proposal to leverage Wormhole’s cross-chain infrastructure to bridge $USDS to Solana.
Reinforcing SKY’s desire to be present on the Solana network, the protocol announced an rewards campaign to incentivise deeper liquidity on the network. According to SKY governance, the maximum distribution of weekly rewards is capped at 2M $SKY .
The move helps to bring greater stability to Solana DeFi by providing a more diversified range of stablecoin assets onchain.
Continuing the trend of Solana migration, the Huma Finance PayFi network also announced its intention to launch on the network.
3 months ago
💸FREE MUMMAT💸
https://x.com/mummatfree
We are deeply unhappy with X for the unfair suspension of our official account. Dear community, we ask you to follow us on our new account to fight for MUMMAT’s freedom and keep spreading degeneration across the world!
https://x.com/mummatfree
We are deeply unhappy with X for the unfair suspension of our official account. Dear community, we ask you to follow us on our new account to fight for MUMMAT’s freedom and keep spreading degeneration across the world!
3 months ago
♦️MUMMAT POKER TOURNAMENT♥️
🗓️Day: September 13th.
⏰Time: 22:00 (UTC+2).
✅ Place: https://t.me/MummatSolana
New poker tournament for our community! It’s time to face off, see who’s the best, and build some real brotherhood.
300k $MUMMAT for the WINNERS 🏆 Don’t miss out!
#MUMMAT
🗓️Day: September 13th.
⏰Time: 22:00 (UTC+2).
✅ Place: https://t.me/MummatSolana
New poker tournament for our community! It’s time to face off, see who’s the best, and build some real brotherhood.
300k $MUMMAT for the WINNERS 🏆 Don’t miss out!
#MUMMAT
3 months ago
🚨 #BullPay New Listing Alert! 📈
$MUMMAT is now listed as a payment method on BullPay.
Inspired by the legendary Matt Furie..
You can now use MUMMAT to pay for services, exclusive content, and digital products through BullPay.
Congratulations to the team and community over at
@mummatsolana !
$MUMMAT is now listed as a payment method on BullPay.
Inspired by the legendary Matt Furie..
You can now use MUMMAT to pay for services, exclusive content, and digital products through BullPay.
Congratulations to the team and community over at
@mummatsolana !
3 months ago
The debate between Donald Trump and Kamala Harris was heated to say the least...
The summary 👇
What initially got the most attention was that Kamala Harris appeared to have worn "earpiece" earrings so that people could whisper "punchlines" to her.
Tensions over Ukraine:
Harris accuses Trump of literally wanting to abandon Ukraine, acknowledges that Russia has not threatened to use nuclear weapons but advocates a rapid end to the conflict.
Disagreements over foreign policy:
Trump fears global escalation, Harris defends international engagement
Lively exchanges on the economy:
Harris criticizes the tariffs that Trump wants to impose (especially on Chinese products), calling them a "sales tax" on the middle class, and blames it for current inflation.
Heated debate on immigration:
Trump alarmist accuses Biden-Harris administration of letting in "dangerous" immigrants while Kamala Harris accuses him of dividing the nation.
Abortion Clash:
Harris defends abortion rights, Trump calls for return of decision to states.
Post debate:
Taylor Swift, "America's Sweetheart," has announced her support for Kamala Harris. The potential impact on "young people" is massive
The summary 👇
What initially got the most attention was that Kamala Harris appeared to have worn "earpiece" earrings so that people could whisper "punchlines" to her.
Tensions over Ukraine:
Harris accuses Trump of literally wanting to abandon Ukraine, acknowledges that Russia has not threatened to use nuclear weapons but advocates a rapid end to the conflict.
Disagreements over foreign policy:
Trump fears global escalation, Harris defends international engagement
Lively exchanges on the economy:
Harris criticizes the tariffs that Trump wants to impose (especially on Chinese products), calling them a "sales tax" on the middle class, and blames it for current inflation.
Heated debate on immigration:
Trump alarmist accuses Biden-Harris administration of letting in "dangerous" immigrants while Kamala Harris accuses him of dividing the nation.
Abortion Clash:
Harris defends abortion rights, Trump calls for return of decision to states.
Post debate:
Taylor Swift, "America's Sweetheart," has announced her support for Kamala Harris. The potential impact on "young people" is massive
3 months ago
(E)
Mummat official links:
• Website: https://mummat.org/
• TG: https://t.me/MummatSolana
•Twitter: https://x.com/mummatfree
• Dexscreener: https://dexscreener.com/so...
• Instagram: https://www.instagram.com/...
• TikTok: https://www.tiktok.com/@mu...
• Website: https://mummat.org/
• TG: https://t.me/MummatSolana
•Twitter: https://x.com/mummatfree
• Dexscreener: https://dexscreener.com/so...
• Instagram: https://www.instagram.com/...
• TikTok: https://www.tiktok.com/@mu...
3 months ago
(E)
Partnership Announcement🤝
There is a new sheriff in town👀
We’re thrilled to announce a partnership with Mummat! Their account proudly wears the gold checkmark on BullVerse reserved for our partners.
$MUMMAT x $BULL
Follow Mummat on BullVerse: @mummatsolana
There is a new sheriff in town👀
We’re thrilled to announce a partnership with Mummat! Their account proudly wears the gold checkmark on BullVerse reserved for our partners.
$MUMMAT x $BULL
Follow Mummat on BullVerse: @mummatsolana
3 months ago
🇫🇷 Emmanuel Macron reacts to the arrest of Telegram CEO Pavel Durov.
He rejects any political motivation.
"I saw false information about France after the arrest of Pavel Durov."
"France is deeply attached to freedom of expression and communication, to innovation and to the spirit of enterprise. It will remain so."
"It is up to the judiciary, in complete independence, to enforce the law."
"The arrest of the Telegram president on French soil took place as part of an ongoing judicial investigation. This is in no way a political decision."
He rejects any political motivation.
"I saw false information about France after the arrest of Pavel Durov."
"France is deeply attached to freedom of expression and communication, to innovation and to the spirit of enterprise. It will remain so."
"It is up to the judiciary, in complete independence, to enforce the law."
"The arrest of the Telegram president on French soil took place as part of an ongoing judicial investigation. This is in no way a political decision."
3 months ago
TON network experienced a heavy load on the back of DOGS listing
TON developers reported a significant load on the blockchain amid the listing of the DOGS token on CEX. The number of requests reached 150,000 per minute.
In addition, some functions in Telegram Wallet are not working. Also due to excessive user activity, crypto exchanges Bybit, Binance and OKX are experiencing problems.
Meanwhile, French President Emmanuel Macron said that Pavel Durov was detained as part of a judicial investigation and the arrest has no political motives.
How many dollars on DOGS did you get?🐶
TON developers reported a significant load on the blockchain amid the listing of the DOGS token on CEX. The number of requests reached 150,000 per minute.
In addition, some functions in Telegram Wallet are not working. Also due to excessive user activity, crypto exchanges Bybit, Binance and OKX are experiencing problems.
Meanwhile, French President Emmanuel Macron said that Pavel Durov was detained as part of a judicial investigation and the arrest has no political motives.
How many dollars on DOGS did you get?🐶
3 months ago
Gearing up for BSC Season?
Good thing Maestro has got you covered. Snipe, trade, and copytrade THE FASTEST on BSC. Maestro is your #1 multi-chain TG bot.
Need to move some funds? Use Maestro’s /bridge command to bridge directly in the bot with HoudiniSwap.
What will those next few candles look like?
#BSC #BNB
Good thing Maestro has got you covered. Snipe, trade, and copytrade THE FASTEST on BSC. Maestro is your #1 multi-chain TG bot.
Need to move some funds? Use Maestro’s /bridge command to bridge directly in the bot with HoudiniSwap.
What will those next few candles look like?
#BSC #BNB
4 months ago
To summarize the situation very briefly.
The company jumptrading has significant positions with leverage in the Japanese market.
The collapse of the Nikkei (second biggest dump in its history) triggered massive margin calls.
In disaster, its subsidiary Jump Crypto liquidated $500M of ETH in order to consolidate its stock market positions.
As the crypto market cannot absorb so many sales, it loses 15% in a few hours.
Note that Jump Trading is known for helping Terraform Labs manipulate the price of UST. In the process, they pocketed more than a billion dollars
The company jumptrading has significant positions with leverage in the Japanese market.
The collapse of the Nikkei (second biggest dump in its history) triggered massive margin calls.
In disaster, its subsidiary Jump Crypto liquidated $500M of ETH in order to consolidate its stock market positions.
As the crypto market cannot absorb so many sales, it loses 15% in a few hours.
Note that Jump Trading is known for helping Terraform Labs manipulate the price of UST. In the process, they pocketed more than a billion dollars
4 months ago
The summary of the news #crypto and markets
1) Powell (FED) leaves rates unchanged, no pivot decided, possible in September but reserves the possibility of acting until early 2025 if necessary
2) Senator Cynthia Lummis submitted her bill to make #Bitcoin a store of value alongside gold
3) Gold hits a new ATH close to $2 ,500 per ounce
4) According to several technical analysts $BTC is still in downtrend (lower high point and lower low point) which could lead it to a new low point in August around $48 -50k if the current supports do not hold
5) The results of META and Schneider Electric are good
6) MtGox BTC continues to be distributed while whales accumulate 600,000 BTC changed hands between $66k and $67k
7) GrayScale continue to sell their ETHE at a very sustained pace
8) Yesterday the inflows-outflows were just in balance for BTC and net negative again for ETH
9) The Hashrate of #Bitcoin at 2% of its ATH has recovered almost the entire period of capitulation of miners
10) Tether published their results, they generated 5.2 billion profits in the last quarter
11) Nancy Pelosi bought thousands more Nvidia shares
12) General activity (on and off chain metrics) around DeFi has increased sharply in recent weeks
13) UAE residents now have the ability to trade crypto directly from their bank account
14) Inflation rose by 0.1% in the Euro zone from 2.5 to 2.6%
1) Powell (FED) leaves rates unchanged, no pivot decided, possible in September but reserves the possibility of acting until early 2025 if necessary
2) Senator Cynthia Lummis submitted her bill to make #Bitcoin a store of value alongside gold
3) Gold hits a new ATH close to $2 ,500 per ounce
4) According to several technical analysts $BTC is still in downtrend (lower high point and lower low point) which could lead it to a new low point in August around $48 -50k if the current supports do not hold
5) The results of META and Schneider Electric are good
6) MtGox BTC continues to be distributed while whales accumulate 600,000 BTC changed hands between $66k and $67k
7) GrayScale continue to sell their ETHE at a very sustained pace
8) Yesterday the inflows-outflows were just in balance for BTC and net negative again for ETH
9) The Hashrate of #Bitcoin at 2% of its ATH has recovered almost the entire period of capitulation of miners
10) Tether published their results, they generated 5.2 billion profits in the last quarter
11) Nancy Pelosi bought thousands more Nvidia shares
12) General activity (on and off chain metrics) around DeFi has increased sharply in recent weeks
13) UAE residents now have the ability to trade crypto directly from their bank account
14) Inflation rose by 0.1% in the Euro zone from 2.5 to 2.6%
4 months ago
Is forgiveness really a strength, or does it show incapability of commanding retribution?
4 months ago
The summary of the news #crypto and US market
1) The United States debt has just crossed $35 ,000 billion (+280 billion per month since 2020)
2) Grayscale sold yesterday 210 million $ETHE , BlackRock bought +60 million, total net flow -98 million
3) Side #Bitcoin it is +200 million at BR for a net inflow of +124 million in total
4) The $BTC of the US government seized during the SilkRoad affair moved wallet yesterday (2 billion in value)
5) The Ta-Da application is available on iOS and Android
6) Aave offers a Lido stETH wstETH pool on its v3
7) Finary opens the possibility via its app to invest in #crypto for companies via their holding company
8) Coinbase's quarterly results will be revealed this Thursday (big week of results for some of the super 7s as well)
9) Tomorrow, Wednesday, the FOMC should set the tone regarding the rate cut by the FED expected by the market around mid-September 2024, some analysts are hoping for a first hammer cut of -0.5 while the base is expected to be - 0.25 points
10) Samara Cohen of BlackRock confirms that she has no immediate plans to launch an ETF $SOL
11) 21Shares have integrated Chainlink Proof of Reserved into their ETF for more transparency
12) The Cybertruck is the best-selling electric truck in the United States in Q2 2024, the stock $TSLA climbs back into the top 10 of the largest US caps
13) Pumpdotfun exceeded Ethereum’s 24-hour revenue yesterday
14) Qatar reconsiders its position on cryptos, in order to lift the ban and define a framework
15) The balance of ETF's spots on #Bitcoin now exceeds 50 billion
16) The halving $BTC took place 100 days ago
1) The United States debt has just crossed $35 ,000 billion (+280 billion per month since 2020)
2) Grayscale sold yesterday 210 million $ETHE , BlackRock bought +60 million, total net flow -98 million
3) Side #Bitcoin it is +200 million at BR for a net inflow of +124 million in total
4) The $BTC of the US government seized during the SilkRoad affair moved wallet yesterday (2 billion in value)
5) The Ta-Da application is available on iOS and Android
6) Aave offers a Lido stETH wstETH pool on its v3
7) Finary opens the possibility via its app to invest in #crypto for companies via their holding company
8) Coinbase's quarterly results will be revealed this Thursday (big week of results for some of the super 7s as well)
9) Tomorrow, Wednesday, the FOMC should set the tone regarding the rate cut by the FED expected by the market around mid-September 2024, some analysts are hoping for a first hammer cut of -0.5 while the base is expected to be - 0.25 points
10) Samara Cohen of BlackRock confirms that she has no immediate plans to launch an ETF $SOL
11) 21Shares have integrated Chainlink Proof of Reserved into their ETF for more transparency
12) The Cybertruck is the best-selling electric truck in the United States in Q2 2024, the stock $TSLA climbs back into the top 10 of the largest US caps
13) Pumpdotfun exceeded Ethereum’s 24-hour revenue yesterday
14) Qatar reconsiders its position on cryptos, in order to lift the ban and define a framework
15) The balance of ETF's spots on #Bitcoin now exceeds 50 billion
16) The halving $BTC took place 100 days ago
5 months ago
AN IN-DEPTH REPORT ON THE STATE OF SOLANA.
The Q2 TLDR? Builders kept building. Here’s some highlights you won’t want to miss:
1. The institutions are coming
Stripe demoed their upcoming payments solution on Solana using Phantom, and PayPal issued their PYUSD stablecoin on Solana. PayPal cited token extensions as a key reason for expanding to Solana — one extension, transfer hooks, enables developers to add custom programmable logic to each transfer.
2. PayFi has arrived
Helio's Solana Pay Plugin on Shopify saved Solana Labs over $1 million in fees for Chapter2 sales compared to traditional payment methods. Now, it's even more versatile: Users can pay in their preferred token, near-instantly swapping to the merchant's preferred currency via Jupiter.
3. Solana is coming to you (not the other way around)
Have a Google account? Congrats, you now have a Solana wallet thanks to TipLink’s Wallet Adapter. No downloads, no seed phrases, no fuss.
And if that wasn’t enough, blinks connected Solana to the entire internet, bringing Solana to millions of active X users. Now, you can vote, mint, swap, and donate directly from your feed. Growth is accelerating: Messari reported blinks for over 20 dApps like Helium, Sphere, and Tensor at publication, while Dialect’s registry shows nearly 100 blinks today.
If you’re looking to build with blinks, Solana Foundation is offering $400k in grants, while Dialect and Superteam have $1k microgrants available.
4. The ecosystem is working hard on scaling solutions
ZK compression, pioneered by Light Protocol and Helius Labs, went live on testnet and drops the state cost for 1M addresses by ~99.9% by storing data via the ledger.
MagicBlock unveiled MagicBlock Engine, which enhances SVM customizability and performance without sacrificing composability. It implements ephemeral rollups: temporary runtimes that mirror programs and accounts from mainnet to improve efficiency before settling state back on Solana. The best part? It's all abstracted away from the user.
5. Solana DeFi is happening, led by LST growth
Liquid staking rate jumped from 5.2% to 6.4%, with Sanctum's LST market share exploding 3,700% QoQ.
The Q2 TLDR? Builders kept building. Here’s some highlights you won’t want to miss:
1. The institutions are coming
Stripe demoed their upcoming payments solution on Solana using Phantom, and PayPal issued their PYUSD stablecoin on Solana. PayPal cited token extensions as a key reason for expanding to Solana — one extension, transfer hooks, enables developers to add custom programmable logic to each transfer.
2. PayFi has arrived
Helio's Solana Pay Plugin on Shopify saved Solana Labs over $1 million in fees for Chapter2 sales compared to traditional payment methods. Now, it's even more versatile: Users can pay in their preferred token, near-instantly swapping to the merchant's preferred currency via Jupiter.
3. Solana is coming to you (not the other way around)
Have a Google account? Congrats, you now have a Solana wallet thanks to TipLink’s Wallet Adapter. No downloads, no seed phrases, no fuss.
And if that wasn’t enough, blinks connected Solana to the entire internet, bringing Solana to millions of active X users. Now, you can vote, mint, swap, and donate directly from your feed. Growth is accelerating: Messari reported blinks for over 20 dApps like Helium, Sphere, and Tensor at publication, while Dialect’s registry shows nearly 100 blinks today.
If you’re looking to build with blinks, Solana Foundation is offering $400k in grants, while Dialect and Superteam have $1k microgrants available.
4. The ecosystem is working hard on scaling solutions
ZK compression, pioneered by Light Protocol and Helius Labs, went live on testnet and drops the state cost for 1M addresses by ~99.9% by storing data via the ledger.
MagicBlock unveiled MagicBlock Engine, which enhances SVM customizability and performance without sacrificing composability. It implements ephemeral rollups: temporary runtimes that mirror programs and accounts from mainnet to improve efficiency before settling state back on Solana. The best part? It's all abstracted away from the user.
5. Solana DeFi is happening, led by LST growth
Liquid staking rate jumped from 5.2% to 6.4%, with Sanctum's LST market share exploding 3,700% QoQ.
5 months ago
The summary of the news #crypto
1) The German government has confirmed that it has sold all of its bitcoin accumulated during various seizures, for reasons of a legal deadline
2) Discussions are open to reinstate staking in certain ETF's spot ETH (the big launch is still planned for next Tuesday)
3) State Street, 4th US manager with 4,000 billion under management, explores the possibility of creating its own stablecoin
4) According to Ki Young Ju, the OTC market now largely predominates on the spot, which itself is at a historic low point of 3 years in terms of transactions carried out by individuals
5) Ethereum is still well ahead in terms of revenue generated in 2024 with 1.42 billion. Solana for example is 4th with 135 million
6) Donald Trump considers Jamie Dimon, CEO of JP Morgan, as treasury secretary in the event of election, the latter in turn miraculously changing his mind on #crypto
7) In terms of cycle, the #Bitcoin halving Progress is now at 6%
8) The current technical zone on $BTC is around $65k and it should be complex to cross
9) Mt Gox has already transferred around 40% of the Bitcoin which has been returned to customers (notably through Kraken)
10) Leading exchange in India Wazirix was exploited for a total of $235 million, North Korean hackers from the Lazarus Group could be behind it
11) The SP500 & Nasdaq correct on the US market
12) A documentary series “What the Punk” is available on Arte
13) The fees of the different ETF's spot on $ETH should be around 0.20 to 0.25%
1) The German government has confirmed that it has sold all of its bitcoin accumulated during various seizures, for reasons of a legal deadline
2) Discussions are open to reinstate staking in certain ETF's spot ETH (the big launch is still planned for next Tuesday)
3) State Street, 4th US manager with 4,000 billion under management, explores the possibility of creating its own stablecoin
4) According to Ki Young Ju, the OTC market now largely predominates on the spot, which itself is at a historic low point of 3 years in terms of transactions carried out by individuals
5) Ethereum is still well ahead in terms of revenue generated in 2024 with 1.42 billion. Solana for example is 4th with 135 million
6) Donald Trump considers Jamie Dimon, CEO of JP Morgan, as treasury secretary in the event of election, the latter in turn miraculously changing his mind on #crypto
7) In terms of cycle, the #Bitcoin halving Progress is now at 6%
8) The current technical zone on $BTC is around $65k and it should be complex to cross
9) Mt Gox has already transferred around 40% of the Bitcoin which has been returned to customers (notably through Kraken)
10) Leading exchange in India Wazirix was exploited for a total of $235 million, North Korean hackers from the Lazarus Group could be behind it
11) The SP500 & Nasdaq correct on the US market
12) A documentary series “What the Punk” is available on Arte
13) The fees of the different ETF's spot on $ETH should be around 0.20 to 0.25%
5 months ago
IP remains stuck in an outdated legal system that makes it difficult to license, monetize, & trade effectively
That's where StoryProtocol comes in -- a new blockchain that aims to transform IP into liquid, programmable, & ownable digital assets
A 101 Explainer👇
What is Story Network?
Story Network was created specifically for bringing IP onchain, making it easier to manage and monetize.
On Story Network, IP is represented as onchain assets called IP Assets, which are NFTs. These NFTs carry detailed metadata about the underlying IP and serve as its digital representations. They can be linked to existing NFTs, e.g. a CryptoPunk, or be issued to represent offchain items.
Each IP Asset is linked to an IP Account, a specialized smart contract that manages interactions and data related to the IP.
Also at the heart of Story Network is its Proof-of-Creativity (PoC) Protocol, which facilitates the creation and management of IP Assets, enabling use cases like permissionless licensing and automated royalty payments.
Another key pillar here is the Programmable IP License (PIL), a legal framework that bridges the onchain world with traditional legal systems, ensuring that the digital representation of IP on Story Network is enforceable in the real world.
How is Story Network designed?
Story Network is a Layer 1 (L1) blockchain optimized for handling complex IP data structures efficiently that leans on elements from both the ethereum Virtual Machine (EVM) and the cosmos
SDK.
Notably, Story Network is EVM-equivalent, meaning it supports the same code execution environment as Ethereum. This compatibility allows developers to port existing applications and smart contracts written in Ethereum's popular Solidity programming language to Story Network with minimal or no changes.
Why tokenize IP on Story Network?
Tokenizing IP on Story Network offers several notable benefits:
🌊 Liquidity — IP can be traded or used as collateral, creating new financial opportunities.
🧱 Programmability — Automated actions like royalty payments can be embedded within IP NFTs, simplifying management.
🔍 Transparency — The underlying blockchain provides a clear and immutable record of IP ownership and transactions.
These are compelling pillars for content creators, but what will the actual use cases look like?
For instance, artists, musicians, writers, and beyond can register their IP as NFTs on Story Network, set licensing terms, and automate royalty payments. This makes it easier to control and monetize their work.
For developers, they can build applications that leverage tokenized IP. Think things like AI model marketplaces, content remixing platforms, and DeFi apps that use IP NFTs as collateral.
Two of the earliest app examples in the Story ecosystem are Magma and Mahojin. The former is a collaborative design tool that uses Story Network to manage and monetize creative works via NFTs, while the latter is a platform for AI training data and models.
Zooming out
How might making IP programmable and liquid influence the interaction between creators and consumers? Will tokenizing and trading IP democratize access to creative works? And how effectively can the PIL system adapt to diverse global legal landscapes, especially as AI-generated content becomes more prevalent?
The answers to these questions remain to be seen, but Story Network is diving in here in unprecedented fashion and looking to revolutionize the future of digital IP through the cryptoeconomy. As the chain evolves and gains traction, its bull case is its potential to redefine IP management to be better in line with the content challenges of the 21st century.
Can Story win out, then? We'll see, but this innovative reach into a new terrain is exciting nonetheless!
By WPeaster
That's where StoryProtocol comes in -- a new blockchain that aims to transform IP into liquid, programmable, & ownable digital assets
A 101 Explainer👇
What is Story Network?
Story Network was created specifically for bringing IP onchain, making it easier to manage and monetize.
On Story Network, IP is represented as onchain assets called IP Assets, which are NFTs. These NFTs carry detailed metadata about the underlying IP and serve as its digital representations. They can be linked to existing NFTs, e.g. a CryptoPunk, or be issued to represent offchain items.
Each IP Asset is linked to an IP Account, a specialized smart contract that manages interactions and data related to the IP.
Also at the heart of Story Network is its Proof-of-Creativity (PoC) Protocol, which facilitates the creation and management of IP Assets, enabling use cases like permissionless licensing and automated royalty payments.
Another key pillar here is the Programmable IP License (PIL), a legal framework that bridges the onchain world with traditional legal systems, ensuring that the digital representation of IP on Story Network is enforceable in the real world.
How is Story Network designed?
Story Network is a Layer 1 (L1) blockchain optimized for handling complex IP data structures efficiently that leans on elements from both the ethereum Virtual Machine (EVM) and the cosmos
SDK.
Notably, Story Network is EVM-equivalent, meaning it supports the same code execution environment as Ethereum. This compatibility allows developers to port existing applications and smart contracts written in Ethereum's popular Solidity programming language to Story Network with minimal or no changes.
Why tokenize IP on Story Network?
Tokenizing IP on Story Network offers several notable benefits:
🌊 Liquidity — IP can be traded or used as collateral, creating new financial opportunities.
🧱 Programmability — Automated actions like royalty payments can be embedded within IP NFTs, simplifying management.
🔍 Transparency — The underlying blockchain provides a clear and immutable record of IP ownership and transactions.
These are compelling pillars for content creators, but what will the actual use cases look like?
For instance, artists, musicians, writers, and beyond can register their IP as NFTs on Story Network, set licensing terms, and automate royalty payments. This makes it easier to control and monetize their work.
For developers, they can build applications that leverage tokenized IP. Think things like AI model marketplaces, content remixing platforms, and DeFi apps that use IP NFTs as collateral.
Two of the earliest app examples in the Story ecosystem are Magma and Mahojin. The former is a collaborative design tool that uses Story Network to manage and monetize creative works via NFTs, while the latter is a platform for AI training data and models.
Zooming out
How might making IP programmable and liquid influence the interaction between creators and consumers? Will tokenizing and trading IP democratize access to creative works? And how effectively can the PIL system adapt to diverse global legal landscapes, especially as AI-generated content becomes more prevalent?
The answers to these questions remain to be seen, but Story Network is diving in here in unprecedented fashion and looking to revolutionize the future of digital IP through the cryptoeconomy. As the chain evolves and gains traction, its bull case is its potential to redefine IP management to be better in line with the content challenges of the 21st century.
Can Story win out, then? We'll see, but this innovative reach into a new terrain is exciting nonetheless!
By WPeaster
5 months ago
gm 🦊,
After listening to feedback, all raids set with the Kitsune Raid Bot will leave the chat unlocked by default when a raid is active.
The animation will remain the same, and you will still be able to /lock the chat using the bot until we integrate a toggle lock command.
After listening to feedback, all raids set with the Kitsune Raid Bot will leave the chat unlocked by default when a raid is active.
The animation will remain the same, and you will still be able to /lock the chat using the bot until we integrate a toggle lock command.
5 months ago
gm 🦊 přátelé,
A few minor updates to commands on the Raid and Raid Admin Bots highlighted in the table below, including an embedded link to a Raid Suite setup guide.
A few minor updates to commands on the Raid and Raid Admin Bots highlighted in the table below, including an embedded link to a Raid Suite setup guide.
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Kitten Haimer
16 days ago