Let's welcome the AVAX, SOL and MPL communities to @Algorand! 🥳
Congrats to @FolksFinance for bringing wAVAX, wSOL and wMPL to Algorand.
These bridged assets are being transferred to Algorand through @wormholecrypto technology.
@recyou1 I fully agree however I believe it’s not just ego but potentially that likes have become almost like a currency and some are in essence blacklisted by the community
All good things take time. And soon we be ready to reveal what we’ve been working on. The team are super hyped and proud of what we’ve got cooking and we hope you will be too. $copium
#copiumDAO#AlgorandNFTs
All good things take time. And soon we be ready to reveal what we’ve been working on. The team are super hyped and proud of what we’ve got cooking and we hope you will be too. $copium
#copiumDAO#AlgorandNFTs
Raffles are now live. Special thanks to the team @ShittyKitties_ for helping us and accepting us onto their platform.
First is a sigh land item. A piece from our upcoming drop. 2 full sets will be up for raffles that’s 10 land items up for grabs. Link: https://t.co/kDNTgisKl6
Bringing hopium during the copium.
Our goal is to create an NFT DAO that voted upon the acquisition of valuable NFTs for giveaways or holding long term.
Like and retweet for a WL spot for out upcoming NFT project. Coming thoon.
Whitepaper etc thooner
Thoughts on recent FUD surrounding Algorand:
The unfortunate truth is that most of the #algofam are a bunch of whiny babies that joined crypto in late 2021 and have little context for how a business, and specifically software, actually work.
Fortunately, I do.
I've helped lead software organizations for the past decade, having participated in 3 successful exits, most recently a multi-billion exit to a fortune 200 company.
Most of the FUD revolves around the partnership with DWF, the subsequent response from the foundation, and the general downward price action of the Algo token.
Oh yeah, and a large contingent of Algo holders who despise foundation CEO, Staci Warden.
Let's break each down:
DWF Partnership:
The goal in the bear market is survival, period. That goes for you & me, and any project that wants to participate in the growing adoption of blockchain technology in the future. While we don't know the exact runway the foundation had remaining prior to partnership, we can certainly assume it was extended. But do you really think Staci & team looked at the market & their operation and said "hey, let's sell a boatload of Algo & just accept that they sell it for a 10% gain on each traunch while providing no real value to the Algorand ecosystem? I find that incredibly hard to believe, almost impossible.
Partnership response:
Less than ideal. I voiced my concern with this on Twitter and was met with a response that was immature at best, but that's ok, no hard feelings. Contrary to popular belief, the Foundation actually owes nothing in terms of a response to the community... The fact that the time was taken to gather questions and answer them (albeit in a terrible way - email), shows a level of commitment from the foundation that should be acknowledged. Overall the general approach to communications and community engagement could use some serious focus, this is an area for improvement for sure, but nothing to wave the white flag over.
Algo Token Price:
A story as old as time... an incredible business/technology opportunity realizes a radical downturn that is largely outside of their control. That part is truly irrelevant... the response is what should actually be analyzed.
The response:
Constantly improving tech stack / developer tools
Increasing decentralization
Community engagement on hard topics
Consistent flow of new projects / real world use cases
Down markets don't last forever, the mission for the Foundation is "empowering a dynamic, inclusive, and borderless global economy - at scale - based on the Algorand blockchain technology."
I'm not sure how you look at their actions recently and deem that they aren't fulfilling that mission. Put your emotions aside about a token price. 2 years from now DWF partnership and $0.12 Algo will be a distant memory.
Staci FUD:
The #algofam loves one thing above all else... Hating on Staci Warden, CEO of the Algorand Foundation. Staci has an incredibly difficult job, under incredibly difficult circumstances.
What do you want a CEO to do? Let me tell you...
You want a CEO to help shape a vivid vision of how a group of individuals can go make an impact on the world, and then you want that CEO to work tirelessly to put the right people in place to achieve the mission.
She is doing that.
Everyone loves CTO John Alan Woods (as they should), guess who hired him? That's right, your arch nemesis Staci!
Who got the former Nike & Whatsapp Marketing exec to join Algorand? You guessed it - you're good friend Staci.
Teams need time to gel, building a new team during a market downturn like this is difficult beyond measure.
Am I saying Staci is perfect? absolutely not, no CEO is. But clearly she is someone who is passionate about the possibilities of blockchain technology, Algorand, and has deep and meaningful connections in the world of traditional finance, a market that Algorand is poised to seriously disrupt over the next 5-10 years.
Final Thoughts:
My hope for you if you've read this far is that you can take a step back and look at the bigger perspective of where the world is likely going over the next 5 years... that's on-chain. I hope you realize that Algorand is building a solution that is delivering, and will continue to deliver real-world value for a variety of use cases to enable a borderless economy.
I'll be here when the market turns up and everyone is singing the praises of the team and technology stack Algorand has built - I hope you will as well.
@StaciW_DC@JohnAlanWoods @JessatAlgorand