Wensday Giveaway 🐱
We’re giving away $100 worth of $WEN to 3 people. 24hrs.
Just be following Wen and repost this.
As we get ready for the bull, we want to give back more. Have fun and best of luck!
This collection raised an equivalent amount from mint as Mad Lads.
Yet they sit under mint price and on a 8k SOL market cap, while Mad Lads sit at a 650k SOL market cap.
Unconditional Lover walked away with 9999 SOL from this mint - oh yeah, I forgot he made a Solana validator with money from your pocket. So he still hasn’t technically walked away with the funds.
“vInCeNt wE gEt rEkT eVeRy dAy oN mEmE cOiNs tHiS mInT iS nOtHiNG”
This operation was very carefully planed and executed very well. I bow to Sensei for this.
In a PVP environment, not everyone can walk away as a winner.
Study Grift Mentality, study accounts that are here for only one reason - to use us as their way out.
Until next time 🫡
I fully support frank in his recent decisions (with small exceptions). Been thinking about the diff strategies of diff projects. I have the upmost respect for Z , Luca, zkshark and others. Everyone is trying to figure it out. I'm just an observer but I believe what frank is doing is very thoughtful and aligned with his strengths.
I have disagreed with Frank in the past but I would say 4/5 times he ended up being right--i would come around to understand his perspective and support it. Or I would say "Let' Frank be Frank" he keeps trying, sometimes in the face of adversity.
The fact is Frank is smarter than 99% of the people in this space when it comes to nfts. Yes everyone makes mistakes but Frank is constantly learning and evolving.
This recent art rollout was done well IMO. No expectations, no hype. Game theory wise, he can't lose. What's the worst possible outcome? The community loves it and wants it onchain? easy. I do pause for a moment for those that feel that no s2 art should have been changed--there is validity there. And some of the language has been a bit aggressive. But continuing to risk disrupting the absolutely beautiful balance of the season 2 art for the sake of generating value is too risky. Let the community create future versions.
Zooming out. Where do we go from here? Do we follow projects that are trying to go mainstream? Do we try to generate revenue that can be redistributed to holders? Create utility? I believe frank would say no.
Instead he is looking at miladies, OMB and crypto punks as an example: communities with strong culture and reputations that engender the respect of web3 OGs.
On this path, Frank's focus is on setting a strong culture, shaping the conversation, building relationships in the ecosystem, and empowering the community to build in a decentralized fashion. The goal is to make DeGods perceived as cool without trying to be cool.
To be specific: Frank and team's recent trip to visit Trump and what unfolded has done more for DeGods than any "utility" a project could dream of.
For sure, success here can still be quantified by floor price and the desire for other projects to partner with DeGods (airdrops, collabs, sponsorships, etc).
But the qualitative assessment matters more: Ask yourself: Are DeGods more relevant and respected now vs 6 months ago? I would say yes. So, thank you frank.
This was before many people's time, but I used to have this Azuki. The floor at the time was 10 ETH, and besides that PFP, I probably had 0.5 ETH in liquidity.
Not much for many plays, and whitelists were hard to come by.
Feeling overleveraged, I talked to a few good friends, all of whom were good traders and mega whales, and they all recommended me to sell that "big" piece and increase my pot.
That night, I sold it for 10 ETH, and proceeded to flip that to 50 ETH in 3 months, where I then bought my current PFP.
There are too many opportunities in this market to put all your liquidity into one asset (if you do not have other ways to increase your crypto holdings).
Make your bag, and rebuy the assets you want when you can afford to.
Liquidity is king. Hold onto what you can afford to hold.
I feel like 2 years ago I completely agreed, and my high-level argument was something like "infrastructure is public goods, the incentive to fund public goods is N times smaller than optimal (that's basic econ 101), so it's practically impossible for there to be too much infrastructure".
The problem though is that "infrastructure" is a diverse category, and some infrastructure is public goods while other infrastructure is realistically a zero-sum network effect grabbing game. Today, it feels like some categories of infrastructure are way over-invested, and others are still very under-loved.
Examples of under-loved infra:
* ENS names on L2 with decentralized verification (ie. merkle proofs into state) via CCIP
* Proof-of-personhood and proof of community membership (gitcoin passport is good, but with more effort we can greatly improve the UX of this category)
* More secure software supply chains for dapps
* A fully decentralized (and no "governance token") instant cross-L2 token transfer protocol
* Institutional guardians for social recovery and multisig wallets
* Association set providers for privacy pools
* ZK voting including the collusion resistant variety (MACI is good, but with more effort we can greatly improve efficiency and cut operator and user costs in this category, and further improve trust properties)
* Standardized on-chain-readable decryption keys (for both EOAs and smart contract wallets) - ideally in a form which is backwards-compatible with people's existing PGP keys
@senseisol@JupiterExchange@weremeow@solana Do you think so? I think it will be a good AirDrop because it is a great project but it will have too much suply and may be a little late to the AirDrop seasson , lets see what happens
🚨Penguin Giveaway🚨
Happy V-Day ♥️🐧
I am Giving Away a Lil Pudgy valued at .6 ETH ($950+)
To Enter:
1️⃣Like❤️
2️⃣Retweet🔂
3️⃣Notifications On🔔(show proof)
4️⃣Follow @joeymoose & @pudgypenguins & @LilPudgys & @ChillinPod
5️⃣Tag 10 friends
Winner randomly selected in 1 week 🍀
Is floor price just a number? Being honest, 99% of NFT collections are the same.
You see this staking, marketplace, GA almost everywhere, but what's the difference? -How you sell your product and how others perceive your product.
That's when floor price enters the game.