Nayiem

Some bridges are meant to be burned.

[Nayiem @WillemsTRA]

This document covers events and communications up to mid-2023.

Later developments are excluded. I was presented with proposed agreements after that point which I did not sign, because they would have required personal liability, restricted independent technical development, and placed unilateral control and asymmetric risk on one side without corresponding guarantees.

Publishing those materials would create disproportionate legal risk for me without adding clarity. They are preserved separately.

Public record:
https://t.co/XbP9AEm4je

@cz_binance @binance #SXP @SolarNetwork

[Nayiem @WillemsTRA]

We're looking for node operators to join our Sprintnet devnet.

Sprintnet is our early development network — it's not the public testnet (that's coming). But if you want to get familiar with running a Cosmos SDK + EVM node before testnet launches, this is a good place to start.

DM me if you're interested.

#LYTH #Monolythium

[Nayiem @WillemsTRA]

@heyibinance lol

[Monolythium @monolythium]

The first public #Monolythium announcement is live.

- Whitepaper released.
- Ecosystem running on testnet.

This isn’t a hype cycle. It’s a build cycle.

Read more:
https://t.co/tMARzR6k5l

#LYTH

[Nayiem @WillemsTRA]

#Monolythium whitepaper coming in the next 24 hours.

We’ll also introduce the genesis preparation program for the upcoming public testnet.

#LYTH @monolythium

[Nayiem @WillemsTRA]

@CointelegraphIN @Crypto_Jargon @grok Then check the tweets on my profile. Enough clear evidence?

[Nayiem @WillemsTRA]

@RoundtableSpace A must have.

[Nayiem @WillemsTRA]

Occasional private OTC trades of existing Qredit (XQR).

DM on Telegram if interested.
https://t.co/Kookargtpr

[Lukas (miya) @MiyaHedge]

Crypto as we know it is over.

It's time to look at the abyss and stop acting like this industry will in any way recover if the leaders continue to act like everything is fine and the 50th perps DEX will solve this.

The Death of the Crypto VC sector is slowly unfolding during the past few months. LP commitments have been on a low and didn't even remotely recover during a generational $16k -> $120k bull market. VCs like Mechanism/Tangent literally pivoted away from crypto. Half of the Paradigm team ragequit in the last 2 months, entire firms silently exited everything. Barely any crypto VC has been able to raise for another fund and the venture appetite is close to zero.

Please for the love of god look at the data & stop coping that this in any way is normal or will recover for a sector claiming to be on the frontier of technology. The risk appetite inside venture has been off the charts in the last 3 years, blockchain received only outflows. I spoke to so many VCs (both tradfi and crypto) in the past month, and close to nobody was optimistic about them being able to raise for another crypto-fund.

We are at the tail end of blockchain innovation.

"Oh ownership coins fix this" No they don't. Sorry to burst your bubble, but as the founder of a company doing "ownership" structures, this fixes exactly nothing. It's a band-aid of complacency. I'd argue it actually makes it worse, because no talented young founder will chose to give anonymous tokenholders full control of their business, it just turns crypto even more into this autistic cypherpunk delusion.

Blockchain & especially alt coins has moved from the frontier of technology to an un-investable asset class who's building products who nobody needs. And the VCs who are left are trying their best to unauthentically manufacture narratives, fund the current hot thing (just to be left at 0 after the 3y vesting starts, and the current hot thing turned out to be not so societally important as the fast moving crypto sector thought it would be).

The frontier of technology has moved away from blockchain and sits at AI & Robotics right now and blockchain right now is seen as the weird industry you enter to build something meaningless for exit liquidity.

If we want this industry to bloom again, we need to work to get rid of the 3 in web3 and come back to reality.

We need to go towards the epicenter of the current innovation and not try to artificially replicate it inside crypto.

It's either valuable tokens for web2 startups or this sector & especially the venture market goes to 0.

@StreetFDN

[Nayiem @WillemsTRA]

Work in progress 🚀

Core systems coming together.

https://t.co/Eag2rBl1Bk

@Monolythium #LYTH

[Nayiem @WillemsTRA]

Update: #SourceSwitch is live on the Chrome Web Store.

It helps reduce “accidental” reliance on certain parts of the web — and gently points you elsewhere when there’s a choice.

Once you notice how often this happens, it’s hard to unsee.

https://t.co/WG0JPnopQz

[Nayiem @WillemsTRA]

Received and logged.

[Nayiem @WillemsTRA]

I would like to clarify a few factual points.

First, I was not terminated or removed from my role. I resigned voluntarily, and that decision has been publicly documented.

Second, I am not accusing the counterparty of fraud or wrongdoing. The materials I have shared are intended solely to provide context, clarity, and transparency regarding the circumstances and decisions involved.

The documents do not assert legal claims or allege misconduct, and any interpretation or outcome is left to the reader. My objective has been to document history, not to escalate or provoke dispute.

[Nayiem @WillemsTRA]

Hi all,

I’ve shared what I can publicly regarding past events to provide transparency and context.
That record is now complete from my side.

Some matters are preserved privately due to legal and confidentiality constraints and will only be addressed through appropriate formal channels if ever required.

Going forward, I’m focusing my efforts on @Monolythium, an independent project I’m building outside of #Solar.

There are no airdrops or swaps planned for Solar, and Monolythium is not a successor to Solar. It is a separate project, informed by earlier work (including Qredit), but built fresh and independently.

I’m looking forward to building again with clarity, focus, and fewer assumptions.

Onward.

#LYTH

[Nayiem @WillemsTRA]

@KingCryptoner First things first ✌️

[Nayiem @WillemsTRA]

@Jacextudzinski That's correct. Any project that were previously running under the Solar Enterprises umbrella are being migrated/rebranded to Monolythium. Including the card program. Services with Vault will be reinitiated on the new project.

[Nayiem @WillemsTRA]

I’ve stepped down from Solar.

When the structure stops supporting innovation, it’s time to walk away.

Full statement: https://t.co/ikEtG8zkhT

On to the next chapter.

[Nayiem @WillemsTRA]

@mtaylanDelegate @Jacextudzinski Yes, front camera. My hands were still shaking from the snowmobile ride 😛