AdaArt

Sharing the Cardano NFT projects I am personally invested or interested in

[AdaArt @adaart_]

@Porterhous90889 @ABC hate filled comment

[vitalik.eth @VitalikButerin]

Against choosing your political allegiances based on who is "pro-crypto"

https://t.co/rEbRjZYtFB

[AdaArt @adaart_]

@skedro @IOHK_Charles Actually he did lol

[Shield @BradfordShield]

This is the second memecoin craze that I’ve witnessed on Cardano. After both winning and subsequently losing a lot of ada last round, this time I’m firmly sitting on the sidelines. Sorry that this is a bit of a rant, but I do want to share my thoughts and experiences here.

I cannot in good conscience promote any memecoins so please don’t shill them to me / propose partnerships. it’s a nonstarter.

If you’re going to participate in memecoins, I’d just advise caution and discipline, they are insanely risky imho, and should be treated as such. A big part of the game for a lot of these is getting in early as possible, shilling them, and then dumping them post-launch on everyone else…it’s basically a game of chicken / a test of how greedy people can be.

Of course a very small percentage may actually build something of value, establish strong communities, push boundaries and may well succeed, but at the end of the day just remember that almost 100% of the value is speculative.

People like trading memecoins precisely because of their high volume and extreme volatility.

In the past, I’ve personally experienced extreme stress and poor sleep from having too big of a position on memecoins, and i’ve seen it affect a lot of people negatively as well. While a few lucky people have made incredible fortunes on memecoins, many others have also lost and there is a social cost here that cannot be ignored.

Just be careful, people. if you’re going to play the game, if you have any meaningful quantity of capital at risk:

A) never risk more than you can afford to lose

B) it would probably be wise to implement some sort of risk management solution e.g. - @DexHunterIO stop losses probably can help though i imagine slippage could be pretty nasty in a memecoin drawdown and a lot of cascading stop losses trigger…DCA in/out, etc,. again, I’m not a trader so not the best person to give exact recommendations.

As I said earlier, I am not a trader - I am a long term investor. no doubt there’s money to me made on memecoins, just make sure you’re responsible and know that when you make money it’s at someone else’s expense, assuming a closed loop.

The memecoin craze feels pretty reminiscent to some of the recent community hopping we’ve seen in nfts … first we had an nft collection X craze, now it’s a NFT collection Y craze, with many of the same insiders shilling and extracting value from others.

When will people learn? Probably never, but just want to share my personal experience to try to help people navigate the space safely. It is not for the faint of heart.

I can’t deny that memecoins can be a great onboarding tool for crypto / learning to use the tools of the Cardano ecosystem like @DexHunterIO and @levvyfinance, it just pains me to see our community members being taken advantage of / farmed and being dumped on by influencers who likely will simply move on to the next hyped thing when they’re done here.

Tread carefully.

Shield

[Charles Hoskinson @IOHK_Charles]

I can't help but watch with glee all the concerns floating around about Cardano's blocks being too full. I recall the ghostchain narrative for years, the no use and utility. Suddenly we are too busy?

In reality, Cardano is designed to operate at these loads and there is a huge design space to optimize the network and DApps for more scale both in the short term and long term: https://t.co/F25qTwfMrd

We are winning and did it without VCs, the crypto media, or influencers. Just good old fashion community growth and engagement, just like Bitcoin did.

[Mat again @matboksarc]

I repeat

[The Ape Society @the_ape_society]

Time for a new beginning.

A renewed focus for $SOC.

[Mat again @matboksarc]

1/9
Today I wanted to share part of @levvyfinance 's projected economic impacts on the ecosystem and part of its ideation process.

🧵

[Congo @congoonchain]

With @levvyfinance we took over the NFT lending market on Cardano almost immediately with almost 1.5 mill in volume.

For our next move, we plan to turn even more heads and really rock the boat.

Prepare to change the way you view an NFT company.

Happy Summer🏝️

[Charles Hoskinson @IOHK_Charles]

Today my Grandfather died. He's was 93 and my last remaining grandparent. We are quite fortunate that he did a biographical interview back in 2015: https://t.co/jLHvVsBwv7.

He was part of the generation that built America, never complained, and was tough as nails. After serving in the Marine Corps in the Korean War, he entered the cable industry and worked his way up the food chain. He went from a lineman to a researcher and helped write the patent for the Cable TV Box to eventually an executive.

If you have grandparents left, make sure to take a moment and call them. Life gets in the way of spending time with people with limited time. When I started in Crypto, all four of my grandparents were alive and well and now they are gone. It happens fast.

[Space Ape Club | The Ada Squad @SpaceApeClub]

Look who has arrived @SpaceApeClub 🚀

For details or questions visit: https://t.co/YkZiKR0LcG

👀There is also an Ape Giveaway:

🦧Follow @SpaceApeClub
🦧🔄 & ❤️
🦧Tag Friends

#SACT #OrdinalsNFT #NFTs

[Shield @BradfordShield]

[1/11]

It's about time I put together a 🧵on @the_ape_society's $SOCIETY token, so here you go!
👇

[Congo @congoonchain]

If you are staked to The Plunge by @the_ape_society , please make sure you move to the new pool asap.

The old pool is retired.

https://t.co/rSrWyGlwqO

[Suitman (Tariff Terminator) @suitman]

Jim Cramer calling Cardano “car-danzo”

[Charles Hoskinson @IOHK_Charles]

With respect to Binance, I'm reading through the SEC complaint. It's over 130 pages, but seems like the next in a series of steps to implement chokepoint 2.0 in the United States. The end goal is a agenda based CBDC partnered with a handful of massive banks and end-to-end control over every aspect of your financial life.

A regulatory event is where you have a debate about compliance with a law or guidance. This event seems to be a polticial philosophical disagreement with the very existence of cryptocurrencies and what they represent. An unelected group of people have decided that concepts like self-sovereign identity, owning your wallet, and the freedom to control your economic agency should be removed from the masses and given to the "enlightened" few.

Honestly, what is happening isn't anything new. It's always the same fight between freedom and authoritarianism just with different players, technology, and words. It does seem like this event is a perfect opportunity for the entire industry to set aside it's fragmented nature and unite for a common sense set of rules and guidelines that can prevent the United States from slipping into a distopia that would make 1984 look like a vacation.

I'll have more to say later, but will close with we are going to be fine. Everything's alright and the future is bright for the industry.

[Bark @barkmeta]

🟧🟧/🟧🟧/2023

All interactions with this Tweet will be considered for WL

[The Ape Society @the_ape_society]

🐦 COTAS UPDATE!🐦

You are now able to connect your Twitter account to your COTAS passports!

This will allow us to implement exciting features in future landmarks, as well as deepen the social element of all passports.

⏰ For the next three days (until the end of this epoch) changing your passport will cost 0 SOCIETY when you add a Twitter profile.

✅ Connecting your account is entirely optional! We only read your username to verify if the account is yours & we do not request any unnecessary permissions from it.

To get connected, head to the Citizens website here 👇
https://t.co/aEiIZtIZ63

[Congo @congoonchain]

Next @the_ape_society Cardano landmark within two weeks and 10 million $society just burnt?

Big, if true🏝️

https://t.co/rBHYchqkEl

[Congo @congoonchain]

I hope everyone’s ready, @the_ape_society is coming out rapid fire with the hire of the year, @TheAvatarNick and a stacked team.

Cardano NFT bull run incoming?

[The Ape Society @the_ape_society]

The Amphitheatre district is... 🥁

District number 27, Whooss!

#TASAmphitheatre #SOCIETYSUMMER