Exactly two years ago today, we shared the message in the image below with our Solana Telegram community while the FTX collapse unfolded..
Congratulations to the scrappy and dynamic teams, developers, and investors who stayed, pushed through adversity, and emerged stronger two years later.
And to everyone who’s joined the Solana ecosystem more recently, welcome.. our journey is just beginning and the best is yet to come🤝
The best way to onboard normies onto Web3 is to onboard them without them realising it.
Imagine playing WoW/CoD, and suddenly being told that your avatar, loot, in-game currency are all NFTs and tokens. And you can self-custody them if you wanted to.
1)🧵 The Royalties Paradox
The debate around royalties seems to be making headlines again. Royalties have always been a part NFT trading, allowing creators to earn additional revenue as NFTs are bought and sold the marketplaces. The higher the price, the larger the royalties.
Imagine your favourite online game where you actually own your character, weapons, armour, and loot; rather than being tied to your game account which could be disabled, banned, closed for any reason.
Welcome to Web3.
🧵A Simple Thought Experiment on Staking Yields
Imagine a system where if you put in $100 USD, in return you will get 100 $XYZ. Not only that, but if you then stake the $XYZ in the system, it will double within a week.
A lot of Web3 projects are just solutions for problems that don’t exist - unless your problem is having too much money.
We should be looking at Web2 problems and see if Web3 can fix them. This is how we advance mainstream adoption and improve our image to the normies.
Ponzis, pump and dumps, market manipulation, insider trading - what do these have in common?
They were also practices in the Web2/TradFi world, now made illegal via regulation. Why are we seeing this in Web3? Why haven’t we learned from the mistakes of Web2?
It's a big day #Solana fam!!!
$SHDW Drive v1.5 launches in a few hours to Mainnet! We're putting the finishing touches on. Huge improvements to speed, cost, and overall user experience!
@basismarkets Any licensing issues if you’re monetising data from CeX?
Also, is the data raw or do you do some cleaning (remove bad data spikes, etc). Cleaning data is hard and can be subjective at times so I can see the argument for both sides.