Token2049 Recap 🧭✨
At #Token2049, we had the chance to meet foundations, private investors, and tech partners we’ve been talking with for weeks.
The feedback? 🔥
- Strong interest in our Web2.5 vision
- Perfect timing as Web3 UX evolves
- Recognition of our utility + gamification + community model
The $HUNT is on and the map is getting clearer. 🗺️
#TreasureHunters #TokenHunters #PlayToEarn #GameFi #Web3Gaming #Web3Games
The 2nd edition of our Treasure Hunters Newsletter is out! 🧭✨
This one dives into:
🔹 Token20249
🔹 Grants & Funding
🔹 Marketing updates
🔹 Community growth
You can now subscribe directly on our website to never miss an update.
The $HUNT continues. 🗝️
#TreasureHunters #TokenHunters #PlayToEarn #GameFi #Web3Gaming #Web3Games
Hunters… it’s almost AMA time. 🧭🔥
We’ve got tons to share, gameplay, $HUNT utilities, future drops, and more. 💰⚡
But we also want to hear from YOU. 👀
What do you want us to cover first during the AMA ?
Drop your questions below ⤵️
#TreasureHunters#TokenHunters #PlayToEarn #GameFi #Web3Gaming #Web3Games
Big news, Hunters ! 🧭🔥
We’re launching AMA sessions on Twitter,
your chance to ask anything about Treasure Hunters, $HUNT, gameplay, rewards, and what’s next. 💰⚡
Bring your questions, your curiosity, and your degen energy. 🫡
The $HUNT starts soon. 👀
#TreasureHunters #TokenHunters #PlayToEarn #GameFi #Web3Gaming #Web3Games
"From Cultivated Lands to Decentralized Internet: Understanding the Common Thread between Land Ownership and Web3."
A MultiversX Apology
@PulsarTransfer send 100000 MEX to 100 retweets
The law on private land ownership in the United States played a crucial role in the unprecedented economic development of the country. By granting individuals and businesses the exclusive right to own, use, and sell real estate, it stimulated investment, fostered stability, and encouraged innovation.
Def:
The Homestead Act, enacted during the Civil War in 1862, provided that any adult citizen, or intended citizen, who had never borne arms against the U.S. government could claim 160 acres of surveyed government land.
https://t.co/wttZF5bp6s.
Private property created a strong incentive for the development and improvement of land, as owners were motivated to invest in their properties to maximize their value. This dynamic led to the flourishing of agriculture, industry, and the real estate sector, contributing to economic growth.
Comparatively, in countries where private land ownership is limited or absent, economic stagnation is often observed. The lack of clear property rights can discourage investment and result in inefficient use of resources.
Now, looking to the future, the emergence of Web3 represents a major evolution. By transposing the concept of private property to the scale of the web, Web3 offers the possibility of extending these economic benefits exponentially. Tokenization of assets, decentralization of platforms, and securing digital property rights can create an ecosystem where economic prosperity can spread more globally.
The digital equivalent of private property in Web3 provides individuals and businesses with the confidence needed to invest, innovate, and actively participate in the digital economy. By integrating this approach of private property on the web scale, economic development can be catalyzed even more significantly, propelling prosperity into the digital era.
The economic revolution induced by private land ownership in the United States paved the way for unprecedented prosperity. The incentive to invest, innovate, and develop property was a crucial driver of growth. Countries without adequate protection of private land ownership have often suffered from economic stagnation, emphasizing the importance of this concept.
Today, the transition to Web3 represents a new frontier, expanding the concept of private property into the digital realm. This offers extraordinary opportunities to catalyze economic development exponentially. Asset tokenization, decentralization, and the securing of digital rights create a striking parallel with the law on land ownership.
However, we are still in the early stages of this revolution. As Web3 emerges, its full potential remains to be explored. Historical patterns of prosperity related to private land ownership can guide our understanding of the potential benefits of Web3. By integrating these principles into the digital world, we may witness even deeper and more extensive economic development.
In summary, the parallel between the law on land ownership and the potential of Web3 underscores that extending the concept of private property into the digital realm could be the key to sustainable economic prosperity. As we venture into this new era, we are called to explore the opportunities offered by this nascent digital revolution.
With the context and overarching themes now established, I find myself compelled to delve deeper into contemplation. While this parallel is undeniably intriguing, it leaves me with a sense of incompleteness, a certain frustration. Indeed, I cannot help but conclude that in the current state of affairs, it remains a utopian vision, unless...
An Unfulfilled Promise:
While Web3 holds the promise of a revolutionary era in digital ownership and decentralization, it's crucial to acknowledge current challenges that impede the full realization of this vision. Flaws in the Web3 infrastructure, such as hacks and vulnerabilities in Ethereum Virtual Machine (EVM) environments, raise concerns about security and the actual preservation of property rights. Hacking incidents and exploits on smart contracts have highlighted the system's fragility, casting doubt on Web3's ability to ensure genuine decentralization and protect digital property rights. Overcoming these challenges, Web3 could fully unlock its potential and fulfill the promise of a truly decentralized and secure digital economy.
At least... this holds true only if certain protocols are intentionally omitted because solutions exist, notably one:
"Where Utopia Materializes – MultiversX, The blockchain where ownership truly means owning your digital assets."
In this context, let's explore how MultiversX addresses and overcomes these inherent challenges with its innovative infrastructure, highlighting notably the ESDT (Elrond Standard Token) standard.
Unlike the shortcomings observed in some Web3 structures, MultiversX strives to create a secure and robust platform. The ESDT standard, meticulously designed, plays a central role in this initiative. It offers a high-quality standard for digital tokens, ensuring transaction security and effective preservation of property rights.
Credit : @DBCrypt0
Where others may suffer from vulnerabilities, MultiversX builds security ramparts through a resilient infrastructure. The features of the ESDT standard guarantee transparent and reliable management of digital assets, addressing concerns related to hacks and weaknesses in the EVM notably.
By integrating the ESDT standard, MultiversX goes beyond mere promises and demonstrates a concrete commitment to creating a digital ecosystem where property is genuinely respected. This innovative approach lights the way to a safer and more reliable Web3, overcoming perceived challenges and bringing to life the vision of a truly decentralized digital economy.
I let the man itself and his today tweet explain the advantages of the ESDT standard if you werent yet "aware".
Right on time ty @SasuRobert
Credit : https://t.co/lmeHuleABo
(I think I also have to thank @solana to create such debate with their new token extension!)
Looks like a dream right? To good to be true as we say… As we are already in the realm of dreaming, allow me to extend this one a bit longer. Close your eyes take a deep breath and imagine...
...imagine also if we had the possibility of having, in addition to that, invisible guardians or on-chain2FA directly in one super smooth app supporting other chains, a whole hub into it adding an other layer of security as you do not have to connect to Dapps outside. Imagine if we had inscriptions, infinite scalability, 0 down-time, Nickname to remplace those long addresses… IKYK
And of course, not forgetting that MultiversX is about to implement features like:
- faster finality (up to 92%)
- 6s to 1s blocktime
- shards capable of 30k tps each
- sovereign shards
- xPortal IBANs & p2p payments
- DEX v3
- pay gas in ANY token
- Much more : https://t.co/iOayuOCzRe
Credit : @costipirvuu
The path chosen by MultiversX has clearly not been the most popular, and I'm not telling you anything new here... Detractors will take pleasure in explaining why the project is not viable.
However, many elements demonstrate resilience and a vision far beyond some other blockchains. I could delve more 'philosophically' and integrate concepts of vision and delayed gratification, which would also illustrate why MultiversX will have a significant role to play in the future of blockchain technology and its adoption. I'll keep that for later!
However, because MultiversX enables true ownership, I believe it will serve as a catalyst for progress and adoption. This approach not only fosters innovation and investment but also creates an ecosystem where trust and collaboration thrive, shaping a resilient economic future.
Significant work and effort have been invested since the launch of Elrond, and even more so with the improvements introduced since the inception of MultiversX. However, this journey does not come to a halt, and the upcoming updates will only enhance confidence and performance further.
Now, you know the story... where ownership is truly allowed and respected, the invisible hand of the market will work its magic.
In fact, we already see these manifestations taking shape and is likely one of the reasons we see projects such as @Globees_Project , @QoWattEcosystem , @TheDinoVox , @itheum (projects with real-world applications and a depth of vision) but this is also the case for all pioneers creating projects, whether big or small... and even institutions like @googlecloud , @awscloud , @mms_Blockchain , @tencentcloud positioning themselves, building, or establishing partnerships with MultiversX, in my opinion.
We are currently witnessing the beginnings and will soon witness the exodus from the traditional world (Web2) to Web3. Simply because Web3 now benefits all actors, even if not everyone is aware of it yet or is willing to accept it.
Let's talk economy:
In a free-market economy, when the creation of a product benefits various stakeholders at different levels of society, whether they are public, private, or governmental, it establishes a powerful dynamic that makes it challenging, if not impossible, to halt, ban, or ignore the product. Several factors contribute to this resilience.
Firstly, the interconnection of economic interests weaves a complex web where each actor is motivated to support the product. When a product generates profits for private enterprises, creates jobs, and contributes to tax revenues, it becomes an economic engine that is hard to overlook.
Moreover, in a free-market economy, competition among actors encourages innovation. If a product effectively meets the society's needs, competing companies are motivated to create alternatives or enhance their own offerings. This fosters a dynamic environment where optimal solutions are sought, creating a natural resistance against stopping a beneficial product.
The level of social adoption also plays a crucial role. When a product becomes widely accepted and integrated into daily life, its withdrawal can lead to significant disruptions. Consumers, having incorporated this product into their habits, may actively resist attempts to banish it.
And here again is one of the major points on which the ecosystem must improve.
Lastly, political influence and relationships between different economic entities reinforce the sustainability of a product. If multiple actors, including governmental entities, benefit from the success of a product, it becomes politically delicate to attempt its elimination. Bureaucratic processes, economic considerations, and intertwined political interests contribute to increased resistance against any attempt to cease a product beneficial in various aspects.
Here too, the lack of legislation or at least its lack of clarity remains a clear obstacle to adoption.
In summary, in a free-market economy, the success of a product benefiting diverse stakeholders creates a complex interdependence and an innovation dynamic that makes stopping, banning, or ignoring it extremely challenging. The combination of economic interests, competition, social adoption, and political influence forges resilience that promotes the persistence and prosperity of these products.
That's it! Now, let's take a leap in time (a small one, as it's coming soon in my opinion) and see how blockchain, and particularly MultiversX, integrates into these concepts.
The integration of MultiversX perfectly embodies the dynamic described above. As an innovative blockchain, MultiversX offers a myriad of services such as asset tokenization, payment solutions, insurance offerings, and even the implementation of "truth machines." This functional diversity creates a complex interconnection of interests at various levels of society.
Private enterprises find in MultiversX a conducive platform for innovation and the development of new products and services. The potential economic benefits, including job creation and revenue generation, enhance their motivation to build and thrive on this blockchain.
-> Here comes all the underlying features! And imagine how scalable it is about to be with the Sovereign Shards.
On the user side, the adoption of MultiversX can become a daily habit. From financial services to decentralized applications, MultiversX can integrate into various aspects of consumers' lives. Once users have incorporated these services into their routine, any effort to stop or ignore MultiversX may encounter significant resistance.
-> This is where the desire for the best UI/UX and gamification comes in.
On the political front, the success of MultiversX can also generate government interests. Potential tax revenues, technological innovations, and the creation of a flourishing digital economy are factors that make it challenging for government entities not to support a platform like MultiversX.
-> This is where the constant discussions with politicians really come into their own. @ICIBucharest is a perfect example.
Ultimately, MultiversX's integration into this complex economic dynamic underscores its ability to become a catalyst for progress and adoption.
Is this a cascade stemming simply from its feature on true ownership? It would surely be reductionist to attribute the entire ecosystem to this single property, but I believe that in the future, it will be one of the important parameter that will enable traditional actors to have confidence in transitioning and adopting Web3.
This is especially true as they will have access to all the other features as well as all the other products of the MultiversX ecosystem and its "competitors."
It was supposed to be just a short tweet, and I ended up letting myself go and turning it into a thesis!
Thus was born my entry for the #MultiversXthesischallenge.
I hope you enjoy it; if so, I would be grateful if you could share and like it!
#MultiversX #EGLD @MultiversX
I was walking through @xDay2023 & came face to face with a reporter. He asked me if I'd like to give him my thoughts on the conference!
Discover our talks about some of the networking capabilities of @MultiversX .
@pulsarmoney send 0.25 EGLD to 99 retweets
#HypergrowthX#xDay
Today, an #hypergrowthX thread!
Gonna try to showcase my vision and point on how #Web3Gaming and #MultiversX could benefits from each others and why @MultiversX is the chain to choose to build the future of gaming.
Il est temps de passer au 2ème projet que je trouve actuellement sous-évalué : @Elrond_Mafia !
Vous l’avez sûrement déjà remarqué mais ce projet me hype beaucoup et je vais donc essayer de faire un apperçu global des raisons qui me font penser qu’il est sous-évalué actuellement!
1/ X Day Paris was electrifying.
It was fresh, and memorable.
The emotion, the people, the progress.
So, now -- what is #MultiversX ?
And why is it -- perhaps -- remarkable, as an evolution to @ElrondNetwork ?
A thread. On blockchain, Web3, the Metaverse 🧵