It was great to join the panel at @TechTO and reunite with some of the Founders from the Game-on program ran by @ckneumann in San Francisco: Nima Jalalvandi, Pascal Dessureault, Carly Steiman
I met many blockchain company founders keen to work with Spicenet, surprisingly more early stage founders in that room than at a lot of crypto events I’ve been to…
They’re not building for DeFi natives, they’re building for normies, passionately and deliberately.
I was able to share my insights from Game-on and SF with them and look forward to supporting them on the product side when they launch.
On-chain apps are coming!
“Crypto payments are ready for mass adoption”
Oh, really?
- User has 100 USDC on Arbitrum
- Wants to send $50 to a friend
- Friend sends a Solana address
- User’s wallet says “wrong network”
- Bridge from Arbitrum to Solana
- Bridge requires ETH on Arbitrum for gas
- User has no ETH
- Buys ETH, pays fees, bridges USDC
- Now has USDC on Solana
- Tries to send it, no SOL for gas
Leaves crypto forever.
Something we have been working on for a while, very grateful to work with @Peprika_Inferno and the rest of their incredible team. Great things are coming!
Feels like the market is quietly going "Ahhh maybe not all tokens are dead and useless"
Now is a good time to look at tokens that are down bad but have actual value accrual attached to a good product. It's been working for $REPPO btw👀
Very impressed so far by the team and tech @blocksight_ai. If you want to learn more about their intelligence model and how it can be used to protect, check out the Spicy Takes where their CTO came to discuss: https://t.co/hu2ESq54cD
Mainnet is coming with a new behavioral security layer. 🌶️️️️️️
We're integrating @blocksight_ai, a behavioral intelligence platform that runs a 5-model ensemble to profile every wallet that interacts with our escrow contracts, scoring behavior in real time and flagging suspicious activity before it ever touches our liquidity.
In addition to our two audits completed by @Hashlock_ and @PashovAuditGrp, the BlockSight integration ensures Spicenet's security is strong from day 1.
No shortcuts. Just ready.
@dara_venture Speaking of being authentic: this was the first X article I've read in a while that didn't seem completely AI generated. Pretty refreshing to read ngl
Now live: $REPPO
@reppo uses prediction markets to power AI data curation. Publishers submit data and domain experts stake $REPPO to assess quality within Datanets, programmable on-chain markets for any AI use case.
Start trading today → https://t.co/j4zAJoRPEE
Waiting for good market conditions signifies that you don't believe you have staying power beyond a brief window of hype.
@spicenet is launching Spice Flow soon, a product for on-chain retail, and it's sure as hell not because on-chain retail is hot right now, it's because we need to make it hot!
The amount of teams I've spoken to who are "holding off their announcements for better market conditions" the last 4-6 weeks is bonkers.
Its time to unleash the beast, trigger the FOMO, and give us something to get excited about. Those who do it quickly, will be rewarded the most, as well...funny how fast these dynamics shift.
Winter is over. 4 year cycle is cooked.
This cycle created a strange growing pain.
Institutions moved in but retail userbases didn't grow. And since the market is still so retail-driven on the price side, the result was a weak bull by previous standards followed by a confusing bear where everyone's asking: what's next?
The sentiment this has drifted toward is bleak. Blockchains weren't built for retail. They never will be. Move on.
But that's not what's actually happening. What's actually happening is what Geoffrey Moore calls "Crossing the Chasm." All the technology built onchain for retail users is at the inflection point where it either dies as a fun little experiment or becomes seriously adopted. There is no third option.
Yes, adoption is more visible on the institutional side right now. But what about all the game-changing retail-facing applications? Do they just die forever because "blockchain scary"? Because the UX was bad in 2022? Because some people got burned on leverage they didn't understand? I don't accept that.
With this sentiment looming, there's actually an enormous opportunity. Not to hype. Not to "ignite the trenches" by giving people new things to gamble on. That era is dead for now, but does that mean the all the tech should die with it?
The opportunity is to produce real, undeniable outcomes for real people. To bring genuinely useful applications to users who don't know or care what chain they're on. To make the infrastructure so invisible that the only thing left is the product.
That's what we're building at Spicenet. And we're making a deliberate stance: if there's any hope left of onchain retail successfully crossing the chasm, we intend to be the ones who make it happen.
Which, for what it's worth, aligns well with launching in a bear market. There's something clarifying about building when the noise dies down. No hype cycle to ride. No shortcuts.
We don't care what the market says this quarter. We're the makers of our own destiny.
The creator of the BOTTOM token on @risedotrich was able to buy 330k tokens at ~$2k when he launched the token
He then locked about 118k and borrowed $2k afterwards, used the money to buy additional 29k tokens (looped) and currently sitting at 241k liquid tokens
At a floor of $0.05, he can effectively borrow up to $12k against his 241k tokens. He doesn't need to dump on everyone and even if he decides to dump, at a current price of $0.11, the predefined risk for anyone who bought at that price leading to the dump is just 45%. Crazy
For the first time ever, you don't have to be an extractive a**hole as a creator. Just borrow. And if you decide to be, holders CAN'T lose everything like every other launchpad out there
RISE is here 💪