A few thoughts on the dYdX news.
dYdX proved you could run a serious exchange fully on-chain, and that moved the whole space forward. But the reality is that they have been struggling for a while, navigating the rise of a new generation of perps competitors (Hyperliquid, Lighter), a general decline/consolidation in defi, and the emergence of web 2.5 threats (Kalshi, Meta soon?). We’ve been navigating a lot of similar pressures. So going after RWAs with a partner that owns distribution like Robinhood is a sane bet to turn things around, and I hope it pays off.
Regarding the effect on ATOM, there’s not much here. dYdX Chain was always sovereign. It used the Cosmos stack, but its fees, security, and value accrual don’t move the needle for ATOM. The ATOM community didn’t pay for dYdX to migrate to Cosmos in the first place. So this move doesn't hurt it. The message for our team is clear though and aligned with what we’re already doing: Double down on ATOM and the Hub ecosystem. Ultimately, that’s why we acquired the team behind Mintscan. We wanted to bring their infrastructure expertise to the Hub, so we could start doing more for ATOM while continuing to chase new institutional markets for the Cosmos stack.
For the Cosmos stack itself, this is more evidence for our thesis that owning the platform is a move that makes for teams that own distribution and have a market-leading product (like Robinhood). Figure, Ondo, Injective, global banks like Wells, central banks, and banking consortiums. We’re laser-focused on building new solutions for issuing and using tokenized deposits for banks, based on what we’re learning from banks building on Cosmos and with other stacks today. This is what we’re going after and dYdX’s announcement changes nothing for us there.
@AntonioMJuliano@arcus_xyz@RobinhoodCrypto@pp_trading@epic_edge_ Which mean left behind as the new project is your team focus now.
Well it's such a shame leaving $DYDX, one of the most historical project in 2021.
I will take note entire team members name to let anyone avoid working with.
@AntonioMJuliano@arcus_xyz@RobinhoodCrypto@pp_trading@epic_edge_ Imagine your team USE DYDX ACCOUNT for something has ZERO CORRELATION to $DYDX
Is this ethically ethics? You should remember Robinhood $HOOD is public company. All eyes on your teams. SEC is very strict
The first 3D character just came out of Momo's own generation pipeline. From a single image, generated in 4 seconds, self-hosted.
This is the asset layer for the game builder. Every character, prop and world piece, made on demand.
Next up: image generation, and auto-rigging, so they move.
The Roblox of crypto is being built, in the open. It ain't much, but it's a start.
$MOMO is the latest gem that I added to my low cap utility port
Roblox does $3.5 billion a year btw
The entire model is user-generated games.
What if instead of learning roblox studio, you just describe what you want and AI builds it. and instead of roblox owning your items, you do.
9JbxQSKNukRA7cPZxCfhSNEcAP9iKRo3PSyYNbW4pump
The MOMO launchpad is live.
MOMO is an AI builder for Solana-native apps. You describe what you want and it builds a full app for you, frontend and backend, then deploys it to a real live URL.
Now you can go one step further. Once your app is deployed, you can launch a token for it on https://t.co/WeG4EySrQu without leaving the dashboard. Connect your Solana wallet, review the details, and sign the transaction yourself. Nothing is custodial, your wallet and your keys stay in your control the entire time. Seconds later the token is live and tied directly to your app.
That means the whole journey lives in one place: idea, app, deploy, token.
This is still in public testing, so you will hit rough edges. Tell us what breaks and we will fix it fast.
Try it at https://t.co/A7w9cg6ihu
i'm seeing a lot of discussions around on-chain Replit or best beta to $Either,
I don't think anything comes even close to $MOMO @Momo_Agent_ and what they've built in the past 3 months, Live On-Chain.
Someone who didn't leave the space during all the worst months should be the winner, i also see some good wallets in so yea, GG.
As always i don't become the sheep and follow the KOLfags i create my own line, i win or i win, cuz with such a good ass product thats live, its just matter of time, not matter of how.
Here's someone building a tinder with few chat prompts.
CA- 9JbxQSKNukRA7cPZxCfhSNEcAP9iKRo3PSyYNbW4pump
Thanks.
This week we're pushing a batch of updates that have been cooking on our dev build.
What's landing:
Token launches. Build a Solana app, then launch a token for it on @Pumpfun in the same flow, signed with your own wallet. Non-custodial, you stay the on-chain creator.
Design cloning. Point MOMO at any site and your app inherits its look: palette, fonts, theme.
Output that doesn't look AI-made. Anti-generic design baked into every build.
Project memory. Every app remembers its own structure and design, so edits stay consistent.
Rolling out this week. Public testing at https://t.co/A7w9cg6ihu
Built a full website in under 5 minutes using MOMO.
Insane.
One prompt: “Create a website for my whale watching tours business in Hermanus… generate images…”
https://t.co/XQyXeY6tfS