That is a Wrap! for @ovlelab Bootcamp 1.0
"Journey into Web 3"
๐ 15 unique active individuals were enlightened
Make sure to follow and turn on notification ๐!
Discord: https://t.co/W9YYgBkvzq
Validators and Node Bootcamp coming next!
What a shiny POAP !
Laszlo Hanyecz famously spent 10,000 BTC - now worth billions - on 2 pizzas, highlighted BTC's first step into everyday commerce.
Join us at #GlobalPizzaParty by @Pizza_DAO in partnership with @base
With @Greenpill9ja at
๐ ZARA STORES AWKA
๐ 22 May 2025
โฐ 2-6pm WAT
YOU ASKED FOR IT
HERE IS IT!
Set Up your @t3rn_io V2 Node.
STEP BY STEP GUIDE TO RUN T3RN IS ๐
https://t.co/6uBHbJQlBQ
Don't forget to join OvleLab Discord. Ask questions when you need answers and connect with like minds!
https://t.co/sukosqz0n8
NODE GUIDE ALERT!
Layeredge CLI Light Node is here !
@layeredge Light Node is a lightweight and efficient client that enables users to interact with the Layer Edge network without running a full node.
STEP BY STEP GUIDE in OVLELAB GITHUB ๐
https://t.co/nW6DBBvm71
ERC-4337 wallets exploded with 2M+ gasless ops in 30 days, but the majority of transactions were driven by bots and one-time mints.
Can blockchain sustain real engagement?
A great read from @stacy_muur
https://t.co/KPiMimKCJJ
Gm Degens
Safety is the extra layer for a thicker skin in the game
Some safety tips to avoid being rugged shared by @cyrilXBT ๐
https://t.co/5VDV6upgF7
Crypto is full of scams. Hereโs how to spot them before you get rugged:
1๏ธโฃ Anonymous Team? Proceed with caution.
Some anon teams are legit (e.g., Bitcoinโs Satoshi), but most arenโt.
If a project raises millions but refuses to reveal whoโs behind it, ask yourself: Why?
Check LinkedIn, past work history, and if theyโve been involved in rug pulls before.
2๏ธโฃ No product, only hype? Run.
If their main marketing strategy is โweโre gonna revolutionize Xโ but they have no MVP (minimum viable product), itโs probably vaporware.
Real projects have working products or at least an open-source repo showing progress.
3๏ธโฃ 80% insider-owned supply? Youโre exit liquidity.
If the team, advisors, and VCs control most of the tokens, they will dump on retail.
Check token distribution:
If >50% is unlocked and owned by insiders = ๐จ
If liquidity is mostly in the teamโs control = ๐จ
If thereโs no vesting schedule = ๐จ
4๏ธโฃ Inflated social proof? Itโs all bots.
Discord/TG with thousands of members but nobody talking? Itโs a bot farm.
Do a simple engagement check:
Real projects have active, intelligent discussions, not just โwen moon?โ spam.
5๏ธโฃ Ponzi tokenomics? The math never works.
If a project promises insane APY (like 1000%+), itโs either a Ponzi or unsustainable.
Ask: Where does the yield come from?
If new investors are paying old investors = Ponzi.
If rewards come from inflation = it will dump hard.
6๏ธโฃ No smart contract audit? Donโt touch it.
Rug pulls happen because of backdoors in the code.
If thereโs no audit, devs can:
- Mint unlimited tokens.
- Drain liquidity pools.
- Freeze your funds.
Check for reputable audits (Certik, Hacken, Slowmist, etc.). If they donโt have one, itโs high risk.
Final Rule: If it looks too good to be true, itโs a scam.
1000x gains overnight? Probably fake.
โGuaranteedโ profits? Theyโre lying.
Stay sharp. Protect your bag.
Tag a friend so they donโt get rugged. ๐จ๐
GM, a great day!
Let's explore some of the researches by @galaxyhq
Big companies building on Ethereum ๐
https://t.co/cBtRKtOKip
A Brief Roadmap to Achieving Greater Adoption ๐
https://t.co/qsVxlE6ZiM
What do you think after the exploration?
Big shout out to @Ovlelab for accomplishing this. More greese to our elbow!
Well executed 2 weeks of journeing into Web 3
One step at a time
Follow @Ovlelab turn on notifications!
Validator and Node running Bootcamp next!
Minted my POAP too!
#Web3Education