Folks in $Dream may want to perform a rugcheck - https://t.co/OBED4d1Iq2 - no need to click on the link, just type in the address into your own browser.
Paste in the CA of $dream. Then take a look at the CA of $dreams and the choice will be clear. @truth_terminal has spoken.
FARM ALERT: $DREAM The correct ticker is $DREAMS “$dreams: A cryptocurrency that rewards users for dreaming and sharing their dreams with the community.” A lot of suspicious buys & sells on $dream BEWARE.
FARM ALERT: $DREAM
The correct ticker is $DREAMS
“$dreams: A cryptocurrency that rewards users for dreaming and sharing their dreams with the community.”
A lot of suspicious buys & sells on $dream BEWARE.
5uSx4M8MJJ4Rsh6jPu93Tx9eyUArVi6p8fFSY3uspump
Altcoinist #ALPHA Review: $EPOCH
- The Onchain Silicon Valley
🗿@EpochIsland
🗿Narrative: #RWA / #NetworkState
🗿Market Cap: $1.7M
🗿Fair Launch
“A network state is a highly aligned online community with a capacity for collective action that crowdfunds territory around the world and eventually gains diplomatic recognition from pre-existing states.”
– @balajis
Understanding Epoch Island
$EPOCH is on a mission to build Epoch Island, aiming to establish it as a Network State by 2030. They want to create a community-owned economy, AKA a decentralized Silicon Valley, primarily for fellow individuals in crypto.
The plan includes deploying its native currency, $EPOCH, setting up governance structures, and eventually acquiring physical land to transition from a digital concept to a real-world community. The ultimate goal is for Epoch Island to gain diplomatic recognition, positioning it as a beacon for the crypto world.
What is a Network State?
Technology has enabled us to start new companies, new communities, and new currencies. But can we use it to start new cities or even new countries?
To create a Network State, you need the following👇
🔲A Highly Aligned Online Community
🔲Capacity for Collective Action
🔲They crowdfund Territory Around the World
Creating a network state parallels the journey of growing a startup into a publicly traded company, marked by distinct milestones.
Initially, you form a startup society to evolve into a network state recognized by existing governments, akin to a startup aiming for public listing on exchanges like NASDAQ.
This path includes developing into a network union, a digital community poised for collective action, and further into a network archipelago, uniting physical locations through the internet.
Achieving enough prominence and scale can lead to diplomatic recognition, officially becoming a network state.
Attaching a part of the book called "The Network State" Written by @balajis
"A network state is a social network with a moral innovation, a sense of national consciousness, a recognized founder, a capacity for collective action, an in-person level of civility, an integrated cryptocurrency, a consensual government limited by a social smart contract, an archipelago of crowdfunded physical territories, a virtual capital, and an on-chain census that proves a large enough population, income, and real estate footprint to attain a measure of diplomatic recognition."
The Opportunity
$14 trillion...
That's the combined value of Silicon Valley's public companies (2022). Despite its historic economic growth, the Silicon Valley approach isn't suited for the crypto world.
▫️Instead of CEOs, crypto is managed by code.
▫️Instead of IPOs, crypto is incentivized by tokens.
▫️Instead of VCs, crypto is owned by communities.
$EPOCH aims to become a global hub for crypto innovation by 2030. Epoch Island could emerge as the most significant on-chain economy ever established.
The Island Has 7 Core Philosophies...
When joining Epoch Island, these are the 7 fundamental liberties and initiatives that you are supporting
🏝️Self-Sovereign Societies
🏝️Permissionless Innovation
🏝️Backing of Builders
🏝️Decentralized Governance
(Pairing $EPOCH with ETH to attain voting rights and manage the Epoch Island Treasury.)
🏝️Collective Ownership
- 100% Tokens in circulating supply
- Fair Launch, No VC's, Angel investors
- No Team Allocation
🏝️Economic Alignment
🏝️Risk-Mitigated Capital:
( $EPOCH is hosting the first ever ITO, aka "Initial Time Offering")
Tokenomics
Market Cap: $1.7M
Circulating Supply: 75,9M $EPOCH
Total Supply: 76,8M $EPOCH
◻️vEPOCH:
👉 vEPOCH holders can vote on decisions related to governance and the management of the treasury.
👉 vEPOCH holders receive EPOCH tokens whenever profits from the island are shared.
👉 Holding vEPOCH also entitles holders to a portion of the trading fees, currently set at 2.5% for each transaction.
➡️ Fair Launch
➡️ No VCs or Angel Investors
➡️ Nearly 100% of the tokens are in circulation
➡️ $EPOCH drives the island's economic growth.
➡️ Profits are reinvested into purchasing and supporting the value of $EPOCH.
➡️vEPOCH holders are rewarded with $EPOCH tokens
The Governance
It's a Two Division System. Epoch Island has Elders & Islanders.
The Elders: They are the guardians and governors of Epoch Island. Being a Governor comes with responsibilities, such as making proposals that increase the island's GDP. When an Elder's proposal gets passed, they qualify to receive a share of any newly minted $EPOCH.
...and many more Elders.
/ALPHA: VELODROME: $TAO is part of the @VelodromeFi original core team and assisted Epoch Island on many of the early conversations around veTokenomics./
The Islanders:
Residents of Epoch Island, known as Epoch Islanders, form the island's core community. Their key roles are👇
Voting: Epoch Islanders take part in voting on proposals made by the Elders to boost the island's GDP.
Earn: Islanders can mix their EPOCH with ETH to create vEPOCH. Those who have vEPOCH are rewarded with EPOCH tokens.
Share of the Treasury (To be decided:) Islanders can exchange their EPOCH for a fair share of Treasury assets, such as ETH or USDC.
The Phases
Seven Steps to Diplomacy
"Epoch Island is not a Network State, yet. It will take a united and iterative process to get there."
These are 7 and from a "quirk take Epoch Islay collection of internet friends to a fully recognized Nation-State."
1⃣ Established Governance (Completed)
Before anyone joins Epoch Island, they must understand the community's rules and governance structure.
Epoch Island will establish a treasury and governance system in this crucial stage, led by the two main groups.
Epoch Elders: They act as the stewards and decision-makers of Epoch Island, with their primary task being to draft proposals aimed at growing the island's GDP and enhancing its economic health.
---
Epoch Islanders: As the community members of Epoch Island, their essential duty is to vote on the proposals set forth by the Elders to bolster the island's economy.
2⃣ Deploy The Currency (In Motion)
👉 $EPOCH tokens are utilized to support the growth and development of the island's economy.
👉 The income from developmental activities is reinvested into purchasing or supporting the value of $EPOCH.
👉 Epoch Islanders are rewarded with $EPOCH tokens for their contributions towards boosting the island's economic activities.
3⃣ Nominate The Elders
In this stage, Islanders / the community of Epoch Island will select a group of Elders through nominations, establishing a solid governance structure to steer future development.
The Elders of Epoch Island serve as its protectors and administrators. They are tasked with drafting proposals to enhance the island's economic health.
For every successful proposal they contribute to, these Elders may receive $EPOCH tokens as a reward.
4⃣ Establish Funding
Epoch Island is launching the "Initial Time Offering" to acquire assets ( $ETH ) for economic expansion...
In contrast to an ICO, participants in an Initial Time Offering (ITO) maintain control over their invested funds and have the freedom to withdraw at any moment.
Participants have the option to exchange their $EPOCH for their initial investment. We'll discuss what an ITO is later.
5⃣ Generate Revenue
$EPOCH has the means to grow or sustain itself over time if they are generating revenue
Once it secures the necessary resources, Epoch Island plans to launch and expand revenue-producing ventures and projects to support the island's growth.
6⃣ Acquire Land
Once Epoch Island can support itself, it will start to make offers to acquire physical territories around the world
7⃣ Diplomacy
The ultimate goal here is to get at least one recognized government to see Epoch Island as a real and valid community. If they succeed, Epoch Island will be acknowledged internationally, opening doors for it to take part in global conversations, engage with other countries, and even shape policies around cryptocurrency and digital issues.
Initial Time Offering (ITO)
An Initial Time Offering (ITO) is a new way to fund projects, making it safer for people to support new ideas. It's different from older funding methods because it allows supporters to change their minds and get their original money back if they decide to. Here’s a simple breakdown:
▫️Lock: You can lock up some of your digital money, like Ethereum tokens, as support.
▫️Receive: Right after you lock your tokens, you get EPOCH tokens from Epoch Island in return.
▫️Decision Time: Before the ITO period ends, you can keep or return your EPOCH tokens. If you return them, you get your original tokens back. It's designed to ensure that the people who create projects and those who support them have the same long-term goals.
Help new projects grow without worrying about losing your investment right away.
Conclusion
As crazy as it sounds $EPOCH is working toward becoming a globally recognized State. They aim to achieve this by 2030. That year is a significant one if you have been following up with the plans of the world's REAL leaders. The world is going through an important shift. Clearly, an Agenda is playing out. For us crypto bros sovereignty and freedom are a top priority. CBDCs and Social Credit Systems are the exact opposites of what we stand for. Bitcoin, Kaspa, blockchain, and blockdag are an escape from a world of tyranny.
Although, even if we have control over our money in the future, we are still dependent on governments, and countries we live in. Multiple passports have been the best bet so far IMO. Imagine a COUNTRY that adopts the fundamental values of crypto and blockchain and serves as a getaway from the "Matrix."
That is what $EPOCH is aiming to become.
Yes... for now, it's all just plans, but initially, Bitcoin was very similar, a code released by some random dude named Satoshi on the internet. Most would have never believed it would become what it is today. For many of us, it's our last chance to freedom in a world of pre-programmed slavery. I see $EPOCH as something very early but totally realistic if enough of us pool knowledge, skills, and money together and create our own society.
----------------------------------
And here are some more Altcoinist #ALPHA for you.
@EpochIsland is followed by:
@jessepollak Creator of the Base network
( = $EPOCH to @base soon?... )
@reserveprotocol and @nnevvinn
( you can use an #Rtoken for ITO...)
and many more industry giga brains...
----------------------------------
Altcoinist Book Recommendation:
The Network State:
How To Start a New Country - @balajis
“Balaji has the highest rate of output per minute of good new ideas of anybody I’ve ever met, and The Network State may be his best.” — @pmarca Marc Andreessen, co-founder of Andreessen Horowitz
"We've started new currencies. Now The Network State shows us how to start new cities and new countries."
— @VitalikButerin , co-founder of Ethereum
"Balaji is a visionary, and one of the most original thinkers of our time. Many have had the experience of hearing him say something, thinking it was crazy, and then a year or two later realizing 'Balaji was right.' I think Balaji will be right about The Network State."
— @brian_armstrong , co-founder and CEO of Coinbase
"The future convergence of networks and governments, from one of the most brilliant thinkers alive."
— @naval Ravikant, cofounder of AngelList
For this one, REALLY do your own research and go down the rabbit hole with us.... 👽
🐔@BASE Memecoin Presale Starts Now🐔
Send ETH to:
0x5D639027789BD9D53c1a32dc1Cb18E6f1A16234c
- Minimum 0.05 ETH
- 50% Presale
- 50% LP
ETH on BASE is preferred but we will accept main-net as well
DO NOT SEND FROM AN EXCHANGE
RT + drop your wallet for mystery 🥚 chance
The countdown for the SocialGrow token launch has begun ⏱
If you’re reading this you’re early!🔥
Continue below to see how you can capitalize on this!👇
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