Just unlocked my Gas ID via ETHGas 🪪
I'm a Divine Jack with 36.4813 ETH spent on gas since Beacon Chain - now fueling my climb to the Gasless Future and earned 4000 Beans already.
Reveal yours at https://t.co/rSdMCPEWZw
Privacy is the precondition for many of our freedoms. It’s the point at which government and corporate reach end and our individual freedoms and self-sovereignty begin. As our lives have moved online, privacy’s become a rare, vanishing commodity.
That’s why we founded Cypherpunk (@cypherpunktech) — a company dedicated to privacy and self-sovereignty. We will execute on our mission by accumulating, building, and supporting privacy-protecting assets and technologies at a time when the world needs them more than ever.
To that end, Cypherpunk — Ticker: $LPTX (today), $CYPH (tomorrow) — was launched with a $50 million+ investment from @winklevosscap to begin accumulating Zcash ($ZEC) at what we believe to be a significant discount to Zcash’s true long-term value. Cypherpunk currently holds 203,775 ZEC purchased at an average price of ~$245 per coin, representing ~1.25% of the current ZEC supply. We plan to continue accumulating ZEC rapidly so that Cypherpunk owns at least 5% of the total ZEC supply.
Since Zcash’s launch 9 years ago, we’ve observed its highly symbiotic relationship with bitcoin. Zcash is a fork of Bitcoin and shares identical tokenomics — both have a fixed total supply of 21 million coins. If bitcoin is digital gold, Zcash is encrypted bitcoin, or digital cash. One is your store of value, the other is how you privately move your value. We’ve been tracking this symbiosis for years and believe that now — as we enter the age of AI — is the right time to begin accumulating ZEC.
We feel strongly that Zcash could become a meaningful percentage of Bitcoin’s market capitalization — just on the merits of it being a privacy hedge or insurance policy to Bitcoin’s transparency alone. We believe bitcoin will continue to ascend to $1,000,000 per coin over the next 5-10 years. We also believe Zcash will appreciate significantly from here as well. These coins go hand in hand.
Over the next few weeks, we’ll continue to lay out our thesis. In the meantime, we’re excited to have you join us as we stack zats and invest in other technologies that promote privacy and self-sovereignty. Let us proceed together apace.
Onward.
I’m excited to announce that I have started Trends @trendsdotfun, a value-anchored social protocol that pushes the frontier of information finance. It’s also a bittersweet farewell moment: my full-time gig with @fslweb3 has come to an end, but I will continue to support the company as an advisor. I will have a separate post to reflect on this extremely meaningful journey.
Trends already has the early backing of an incredible group of founders and angels whose belief in the vision gives us both support and accountability:
@toly@calilyliu @ @SolanaFndn@weremeow & @sssionggg @ @JupiterExchange@Punk9277 @ @KaitoAI@PrimordialAA @ @LayerZero_Core@tn_pendle @ @pendle_fi@cindyleowtt & @davijlu @ @DriftProtocol
Alice & James Zhang @ @JamboTechnology@ZhuoxunYin & @bytheophana @ @MagicEden@tushar_jain @ @multicoin@Jerry10240 & @yawn_rong & @shitirastogi @ @fslweb3@zhusu@dapanji_eth @ @bonkfun@0xsudogm @ @dragonfly_xyz@MapleLeafCap @ @FoliusVentures
After several years pursuing broader consumer adoption in crypto, I’ve distilled three first-principle convictions:
1️⃣ Every true Web3 breakthrough happens where value can flow with radically less friction - think 2017 ICOs and 2020 DeFi Summer (and even 2023 Pumpfun). The next innovation leap, as a result, will also emerge with another 100× improvement in value-flow efficiency.
2️⃣ Tokens are information containers, and social media is already the busiest information market; if every post became a token, information flow and value flow could finally merge.
3️⃣On-chain issuance and value transfer costs will keep falling, so social is now perfectly positioned for that merger in point 2.
With these beliefs in mind, we started Trends. It begins as an on-chain curation layer for X (and soon for any open content such as TikTok) and will grow into a social protocol coordinated by internet capital. Each piece of content forms its own curve, volatility and spike; accounts that consistently create / surface high-consensus posts accumulate a reputation that can’t be faked.
AI is pushing the cost of content production toward zero. When views, likes and even entire posts can be botted for pennies, on-chain capital becomes the one scarce, transparent signal of real consensus. Trends provide a direct pipeline from belief to PnL. Wash-trading has its corresponding costs, and an open protocol gives everyone the same chance to participate.
That, to me, is what mass adoption looks like: your everyday actions carry on-chain financial weight. Imagine one like equals one dollar - each click automatically buys from the curve, and your automatic exit target can be preset. Opinion expressed, position taken, no extra steps.
We’re at the dawn of this new era.
Trends is defining a new asset class.
Forging new behaviors is never easy, but trend is good.