It's incredibly frustrating to see the SEC issuing a Wells Notice so close to a change in administration.
The last two years have been a rollercoaster of emotions. From the first subpoena, through numerous legal calls, document gathering, and blockchain data analysis, to when we received the Wells Notice.
The web3 space leverages innovative technology to provide artists new platforms for sharing their work and building communities. CyberKongz began as a simple PFP project, expanded by an enthusiastic community drawn to the artworks I created.
I never imagined this journey would lead to dealing with a regulatory body like the SEC. It became evident through our interactions that their approach lacked genuine interest in truth or practicality. Their agenda seemed predetermined, with little room for deviation.
Instead of pursuing the numerous bad actors within this space, the SEC did target those attempting to build something of substance and value.
The SEC's war on crypto must end; it has significantly slowed down innovation. We will stand up for a future where creativity and technology can flourish, free from bureaucratic constraints, fostering an environment where innovation thrives.
We look to the new administration under Republican leadership to do a 180, to unwind the damage caused by the current administration and truly support the growth and potential of the crypto space.
#KongzTogetherStrong
How we created history and etched ⚡DECENTRALIZED:
Rune #2
First off, we put forward a considerable amount for the culture. For provenance. For the journey. Everything Prometheans represents.
No VCs. No exchange funds. No capital raised.
Executing this required precise strategic planning, innovative cost-effective blockchain positioning, and a significant premine for airdropping to existing inscription holders.
None of this could have been done without our incredible technology partners: @Ordinal_Miners, with the lead developers @MutableTrees & @chip__.
// Technical Breakdown //
1) We ensured robust readiness infrastructure-wise by setting up multiple Bitcoin nodes and Ordinal instances. This preparation was crucial for handling the demands of blockchain operations and transaction execution effectively.
2) Rune Specifications:
Ticker: ⚡DECENTRALIZED
Divisibility: This was set at 2 to allow the rune to be broken down into hundredths, enhancing utility for transactions.
Premine: The entire 21 billion units were premined. This was a strategic decision for Prometheans holders. More information to follow.
3) During this process we developed some unique approaches to providing as much flexibility as possible. It was key to have every sat working to pay fees for the etch, and not for pubkey/privkey overhead, so we could manage costs effectively while securing prompt confirmation.
4) The primary technique we developed, 'Replace by Refund', is different than the standard Replace by Fee (RBF). RBF is a technique to increase the fee for a transaction. In order to do this, either more inputs must be added to a transaction or the existing outputs must be reduced leaving more sats for fees. In the case of a Rune etch, this is difficult and adding inputs adds substantial overhead that increases the cost, especially in a high fee environment. Instead, we committed more funds from the beginning, with the option of reducing the refund, which results in a higher fee. You can see this play out in our mainnet testing for TxID: 344186a7552827268dc5a42728094caa4440da1c1c840e8f23bcfc767cea32e9.
5) Broadcasting the Taproot commit transaction early gave us a strategic advantage, allowing for the transaction to be prepared and executed ahead of potential competitors.
In summary, we used a unique Replace-by-Refund approach to be able to both adjust fees post-commitment and provide a backup opportunity in case of network congestion to ensure the transaction would not be delayed.
The commit transaction broadcast and later confirmed in Block 839,960. The reveal transactions with varying fees were crafted and pre-signed, ready to broadcast once 839,999 was mined.
We did all of this to secure provenance and etch a rune that symbolizes what it means to go on a decentralized journey.
More information very soon.
👑 Exciting Announcement! 👑
https://t.co/X1EbiKyFr7
Dwarfs, we're thrilled to launch our first major activity that allows YOU to earn on-chain points! This is your chance to get WL & OG for the upcoming #freemint.
�� Act now: Join us, earn points, and make your mark!
#Blast_L2 #EarnPoints #TreasureDwarfBattles
The NFT space is feeling electric isn’t it?
Well, we’re going to give it another big spark.
CryptoSlam will be launching our first ever NFT collection, and we have chosen @Solana to be its home.
As the source for truth in NFTs, our powerful data has been reported on by the World Economic Forum, Bloomberg, CNN, and financial institutions around the world.
Over the next few weeks CryptoSlam is set to ⚡️shock⚡️ this space with our latest blockchain data innovations.
Our NFT collection will allow access to a multi-chain preseason event, and next week we will begin announcing our exclusive preseason partner projects who will get first access to the collection.
Stay tuned for more announcements over the coming weeks with details about our NFT collection, along with a secret perk for NFT holders that our partners at @MagicEden teased in their announcement of their new (fantastic) multi-chain wallet.
For now, we're ready to build momentum, charge up that spark, and give this space a big jolt of lightning.
You can join our current Zealy quest to climb the leaderboard for a chance at another soon-to-be-announced perk at
https://t.co/LuPJAK4etf
⚡️⚡️⚡️
GM birbs!
We are giving away 100 freemints for upcoming Blastbirbs NFT collection.
Join quest on Blastscore to get WL spot and bXP rewards:
https://t.co/vrMSFVYlMZ
#Blast_l2#blast#freemint#NFT#giveaway
Money printing, Well3 NFT at #opBNB@BNBCHAIN
Free mint a Well3NFT to record your daily wellness activity by AI & blockchain
Mint here: https://t.co/j5V7kVsOCG
#Well3 $well @Yogapetz
LCTs: 17% ETH APR, #erc404 integration, stack >20x POINTS on BLAST. Seasoned team built a NEW DeFi primitive for NFTs, backed by DRAGONFLY-DELPHI-ANIMOCA
#metastreetASCEND
☄️𝗕𝗹𝗮𝘇𝗲𝗕𝗼𝘁 𝗟𝗙𝗚!
We're excited to announce the official launch of #BlazeBot!
Buy, sell, snipe - earn money! It's easy and simple to do it in #BlazeBot
https://t.co/o0ZVy4fBUW
Use BlazeBot, become early user and be pleasantly rewarded with future drops(info soon..)🤫
✔️DeFusion V2 Now Live: Create, Mint and Earn, Profit from Your Passion!
🗺️New Journey after 6 months' revamp
🧩A fresh visual& UI
🧩Branding new logo
🧩New Features
🕹️ https://t.co/1tCCnqhGcl
https://t.co/JeLfgzQb7p
To celebrate Blast's epic testnet launch, Blastronaut is kicking off a BIGBANG AIRDROP extravaganza!
🔑Exciting reveal: Key Contributor @blast_degen is generously dedicating 50% of his airdrop rewards from Blast to share the wealth with the Blastronaut community.
🙏🏻 A huge shoutout to Blast Degen for their stellar support!
Eager to snag your share of the airdrop frenzy? Dive into our Discord for the freshest updates. Pssst...👀 Get ready to LOL as the fun unfolds! 😂
🐸 And join the Blast Degen squad:
https://t.co/0DBHDeLLRw
BlastDomains x Blast Takeover Airdrop competition is live on @Galxe
https://t.co/lgobQDZ5Nn
Complete all the tasks and mint an exclusive "BlastDomains | Blast Takeover NFT" on Blast Testnet.
The wait is finally over.
@BlastDomains pre-registration event is live!
Visit https://t.co/atosrDBJVL to register your .blast domains today!
Pre-registration event will take place on Arbitrum Network.
Find out more information in the thread below 👇
@BlastDomains pre-registration event is just around the corner!
A quick thread 🧵 summarizing our latest event on @Blast_L2!
(Airdrops, domains, platform token, and more)👇
Started getting into @Blast_L2 ecosystem but lack of gas?
We got you comrade. MonoSwap's native faucet is now available at: https://t.co/AL8j0Lh783
By making our faucet public, the team committed to supporting users and developers across the ecosystem.