The recipe’s been perfected.
After months of building testnet-3 is officially live.
Every click, every swap, every trade brings us one step closer to mainnet launch.
Join us and help shape the future of the DeFi superapp.
Experience it here: https://t.co/1IxQqXpqQM
The difference now is that serious projects are building real utility, IP, and ecosystems — something memes can’t sustain. The next cycle won’t be about hype, but about execution and value.
Agreed. The NFT wave of 21/22 feels like memes now — why would retail buy an NFT when they can just buy a meme? It’s easier. But the sector has matured and strengthened. Weak hands have moved on to memes, while NFTs have become a long-term game for those with strong conviction.
NFTs won’t come back like 21/22.
The best NFTs, however, will vastly outperform 21/22 as they evolve into mature companies with industry-disrupting business models, backed by diehard communities that no amount of web2 money could ever replicate.
Raise your targets.
Slowly but surely, everything’s falling into place.
Testnet-2 is live, and with it comes our most anticipated release yet — a fully onchain, first-of-its-kind Central Limit Order Book (CLOB) 🧵
Gm @Alucard_eth care to tell the eKOLs why a wallet with 5 transactions got 150k $ES worth $55,000 RN.
No wallet could have organically achieved that from tapping without passive grass and that will have involved interacting with at least 20 apps during turbo tap which should show they are power user on chain, with 5 txns it’s mathematically/logically impossible to achieve that amount.
https://t.co/7bAAaq8Mko
The wallet have also claimed that Airdrop as well but yet to sell meaning it’s very much internal.
https://t.co/YaK0SihXMH
Are the believers ghost on X since you guys claimed to nail the distribution?
The owner of this account is @Jinxed737783 who have less than 5 tweets on X and less than 5 txn on chain.
If you’re holding $ES , just know there are many new wallets just like this one holding waiting to clip probably after they pump it to Valhalla.
If you’re in top 1000 and got flagged, your allocation was stolen and given to themselves.
No airdrop for main team wallet ❌
Airdrop for for new team unrecognized wallet ✅.
I’m asking again what metric was used to distribute to this wallet?
gSVM to those who are in this circus, you might win but you won’t deny some many shady stuff is going into a team who holds the holy grail for transparency.
All the best in 2.0, I’ll be there to explore opportunities but I’m not trusting anyone from the team again.
If you can't persuade — you don't belong in this game...
Crypto isn't about money anymore. It's about power. And power isn't control over a smart contract - it's control over attention. Those who know how to persuade are the ones who profit. That’s the new model: Persuasion Markets.
It used to be simple: you invest money and wait. Protocols competed for liquidity. Projects promised APYs, farming, growth. Everything revolved around capital. But today, the most valuable resource isn't money. It's the ability to convince others that something is worth more than it actually is. Or that it's worth anything at all.
Here's how it works: it doesn't matter how useful your product is. What matters is how convincingly you can sell the idea of its usefulness. Not in the marketing sense - in the perception-shaping sense. If you can make people believe a token with 500 holders is an early gem instead of a dead zone, you win. Not because the token pumps. But because people buy into your narrative.
That's why systems like "vote and earn," the "points meta," or "community-owned narratives" are everywhere now. People don't engage to use something - they engage to influence. Because influence now translates directly into capital. Protocols don't reward behavior -- they reward your ability to convince others that the behavior matters. This isn't behavioral economics anymore. It's persuasion economics.
You're not using an app. You're playing a simulation of conviction. You like, vote, meme, push ideas - and all of it adds to your potential allocation, or your weight in the system. It's no longer a social network - it's a tool for locking in social capital.
Value capture itself has changed. It used to be about creating value with a product. Now it's about creating value through a narrative. The higher the abstraction, the better. The less concrete, the more "potential." Specifics limit you. Potential sells dreams. A not-yet-launched state layer is valued more than a working rollup - because the former is a canvas for fantasy, and the latter is reality. And reality is boring.
That's why the loudest voices win - not the smartest, not the most useful. Just the loudest. Those who create conviction, not product. That's also why platforms like @farcaster_xyz or @zora evolve not as tools, but as narrative arenas. It doesn't matter how functional they are - what matters is how convincingly they sell the idea of participation. Farcaster sells "the new social layer," Zora pitched "ownership for all." But once Zora launched its token, it instantly became irrelevant. The token failed to meet crowd expectations, and the magic of anticipation evaporated. People no longer felt rewarded for participating. Not because the product got worse - but because the narrative ran out. And that's the perfect example of how, in Persuasion Markets, value doesn't live in utility. It lives in potential. If you still think crypto is "about economics," you've missed where it's headed. It's not about who builds best - it's about who convinces first, who sounds most decentralized, who aligns best with the ideal.
Persuasion Markets aren't a distortion - they're an evolution. It's what happens when money turns into memes. When value is no longer intrinsic, but collective. The more people believe that $TOKEN will 10x, the more likely it becomes - because no one is investing in the token. They're investing in the belief that everyone else is.
And here's the irony: most of the people complaining about this are doing it too. You hate the shills, but retweet every winning trade. You mock influencers, but follow them because they move the market. You ask for "real value," then dump the project right after the airdrop, even if it's actually useful. Because the real game isn’t building - it's being right before everyone else.
That's why memecoins last longer than DeFi protocols. Memes are pure persuasion. There's nothing but belief - and that's the point. No one demands utility from a memecoin. But from a DeFi protocol? The bar is higher. And as soon as it doesn't deliver in the form of price growth, it's discarded. Because in this game, it's not about the product - it's about the feeling of being on the winning side.
In Persuasion Markets, you're either writing the story or buying into someone else's. You either construct the narrative - or you become part of it. The sooner you accept that, the less angry you'll be when the market "acts irrationally." It's not irrational. It just runs on a different logic. Where value is consensus. Where product is narrative. Where winning means belief, not usage.
In that sense, crypto is becoming closer to politics than finance. The winner isn't the one who's right. It's the one who's convincing. Welcome to the game.
@Alucard_eth is already tasting it… 😋
Hopefully we’ll get a bite soon too. Any hints on when the treat is coming? 🍕💊
If I had to bet — snapshot on June 16, TGE on the 20th. 🧠📅
Drop us some alpha, Alucard… or at least a sign? 👀🫠