ENSWheel.eth

A flywheel protocol that continually accumulates ENS 10k Digits names and renews them. Autonomous. Unstoppable.

[ENSWheel.eth @enswheel]

Come join us: https://t.co/SYqvOhJ0Y4

10KWHL CA: 0xfa239C8DE19b3fa539277E1467328cfA8C1F5f4e

999WHL CA: 0xDb406dD85309CBc5eAdC541c39198CC12936d6Cb

[odie.eth @jaestips_eth]

Seems that ens is coming back....🚀

999 club has had 3 sales in a week. Floor is now standing at 2.22e - but that is with just 9 weeks of registration left.

Did you know that @enswheel has one for sale, with nearly 10 months of reg for 2.484e

Did you also know that this will NEVER go up in list price as long as its for sale on https://t.co/rvHmmzhTJA - just scroll down page to "Current Inventory".

Fancy a freebie without the worry as we reboot?

Then head over to them now, and snag that badboy!

#ens #999club #visionvibe

[ENSWheel.eth @enswheel]

👀

Available on enswheel!

[Vision.eth @ensvision]

@jaestips_eth @enswheel I think you will find it has over 14 months of registration, not 10!

[ENSWheel.eth @enswheel]

I sense a digit comeback.

[ENSWheel.eth @enswheel]

Digits comeback arc?

[ENS Sales Bot 🤖 @EnsSalesBot]

26 ENS swept for a total of 0.10 ETH(321.61 USD) on Opensea #ENS #Web3Names #EnsNames

https://t.co/VSyYv4U15N

Memecoin launchpad on Base → https://t.co/Xeiku01ZQU 🟦

[ENSWheel.eth @enswheel]

We are getting closer and closer to another 10k being bought by the treasury 👀

[Vision.eth @ensvision]

🏆 ens Holiday Awards

We could not wait for our launch 🚀 and wanted to reward the community and drive Vision up the chart by you renewing or registering individual .eth names using our link below.

Bulk renewal on app.ens is not supported in the calculation of awards, hence doing this individually.

👀 What ever we are awarded in December, all 100% will go to ONE person who uses our link.

🎖️Yes, ALL OF IT! 🍀

Currently, a potential top prize of $10 000 in $ens

Post your TX below to prove your entry. 1 year = 1 entry

Drive the Vision. Be the Vision.

https://t.co/BOOGgd4Efx

[ENSWheel.eth @enswheel]

ENSWheel is the future of ENS Digits.

I can imagine a world where 3 & 4 digits are out of reach for the common mortal and they buy ENSWheel tokens to get exposure to the most sought after digital asset in the world.

[ENSBroker (ethinker.eth) @broker_ens]

My take on ENS Domains as an investment.

It's about:

1. ROI
2. Fundamentals & risks
3. What to do

Let’s start 👇

---------------
ABOUT ME

Background: I know most of the OGs here, I've talked to many crypto and non-crypto companies, and many builders in this ecosystem, and I have 150+ sales as a broker.
---------------
ROI

Investing in ENS domains is like any other investment: it carries risks and potential returns.

But it's different in a few ways. It sits at the intersection of two industries (domains and web3), which have very different timeframes:

1. Domains: Traditional domainers know that selling a premium domain can take years.
2. Web3: Memecoins and KOLs warped expectations. Many people now expect 100% returns in a day.

Because of that mismatch, a lot of people don't understand why they aren't making big money quickly.

That's the problem: you should adjust your mindset and treat this as a long-term game.

---------------
FUNDAMENTALS & RISKS

Let's start with fundamentals:

Ethereum success
ENS is the main naming protocol for Ethereum. If you believe Ethereum will succeed, why would ENS domains fail? Major funds and institutions are backing Ethereum, are we really going to use hex addresses as the value layer of the internet? I don't think so.

Protocol strength
The protocol and integrations are strong; the product itself is solid.

Subnames
Subnames open many business models (fractionalization, subnames-as-shares, token-gating, growth strategies). Basenames is a strong example (1M revenue and people using subnames in social media and web3 apps).

Agents & identity
Decentralized agents and autonomous systems will need identities, and names will be essential.

But remember: The market can stay irrational longer than you can stay solvent.
---
Risks & Problems

Branding
ENS is multichain, but (a) many people don't know that, and (b) the brand is strongly associated with Ethereum (".eth").

Flex / sentiment
When sentiment on Ethereum is bearish, sentiment on ENS follows. ENS is effectively leveraged to ETH price; when ETH isn’t doing well, .eth isn’t a good flex.

Mainstream adoption
We talk about onboarding mainstream users, but first we need to onboard web3 users. Crypto people don’t yet understand why they should use ENS or what the value is.

DNS to ENS
ENS is a protocol, not merely .eth. It aims to be a naming system for the internet (web2 + web3). If companies start importing .com into ENS, what happens to .eth? (My take: if ENS succeeds, .eth will be the main TLD)

Squatters:
You're free to register brand names, absolutely, because it's a decentralized protocol. Also, I work with domainers who have companies/brands in their portfolios.
But keep in mind that brands aren't so interested in paying for their own names. Yeah, the take could be “but they will need ENS.” But remember what we said: they don't see the value yet, and the world works with trust signals (“if A does it, I'll do it; but if no one does it…”).
The problem is: what happens if we can’t onboard them because we ask for 100E for something they don't see the value in yet?
So if you have a brand domain, you have that risk (at least in the current situation): they still need to discover ENS, and they won’t do it by paying you 100E. Be reasonable, help them. Not for them if you don’t want to, but for your investment.
Also, DNS to ENS helps companies start using ENS with their own trademarked names easily.

So we need companies using ENS more than they need their own ENS, because it helps people understand ENS as the naming system of the internet (just imagine if X integrated ENS, cc @nikitabier)

---------------
WHAT TO DO

Product perception
Communicate clearly that ENS is

1. Multichain: make it appealing to Bitcoiners and Solana folks. ENS works for them too.
2. Identity solution: promote ENS as an identity solution. Your avatar, profile, reputation, who you are... and ENS is in that stack.

Business use cases
ENS enables businesses. But if your idea works without ENS, it may not need ENS.
Focus on ideas that are enabled or improved by subnames: a brand could give subnames to any user with specific benefits. Token-gated features work with the address, but ENS helps show that they're ‘loyal users of the brand’ (a growth and revenue strategy).

Integrations
ENS should be in onboarding flows for every web3 app (https://t.co/2afQiD55uT)

Open protocol mindset
Build. Drop the conflict with Labs, they're doing their job and Labs ≠ DAO. If you don’t like something, build an alternative or give constructive feedback.

---------------
FINAL TAKE

Probable omissions? Maybe, but those are the first points that came to mind.

Build, think long-term, and let's make @ensdomains the naming protocol for the internet.

MEGA 🫡

[ENSWheel.eth @enswheel]

@robertdavid010 @hooveyff I’m all ears. What are you proposing?

[ENSWheel.eth @enswheel]

@DrJoshOrbital @adam_fazai @ensvision @SnipeZoneTools @grailsmarket Give them time to fine tune and adapt.

[hoovey.eth | 2021.eth @hooveyff]

My personal favorite ENS that I own. Ive always hoped to one day use this as a mechanism for independent filmmakers to fundraise their movies.

What’s your favorite and why? Best comment gets 100,000 $10kwhl token

[ENSWheel.eth @enswheel]

@Wayne_Eth_Sol Hey you!

[ENSWheel.eth @enswheel]

Yes, follow us.. NOW!

[hoovey.eth | 2021.eth @hooveyff]

If you're into ENS and not following @enswheel you should be. Market is dark right now, but there is light just near the horizon.

[ENSWheel.eth @enswheel]

@adam_fazai Never been better

[ENSWheel.eth @enswheel]

ENSwheel has ~6.5e of buy pressure waiting on the sideline. Both tokens sitting at ~100k FDV.

There’s so much long term potential for holders.

[ENSWheel.eth @enswheel]

@adam_fazai They rarely di

[ENSWheel.eth @enswheel]

QT over. ENSWheel about spin so fast you’re going to get dizzy

[Watcher.Guru @WatcherGuru]

JUST IN: 🇺🇸 Federal Reserve officially ends quantitative tightening.

[ENSWheel.eth @enswheel]

We just sent @hooveyff an extra 300k tokens for this initiative.

[Clove.eth, 715.eth @ihave2iqs]

A decent first entry point IMO for those looking at @enswheel and @hooveyff is giving 100k tokens to buyers.

Strategy tokens are fascinating. My current weighting (STR only):

$PNKSTR: 50%
$10KWHL: 37.5%
$999WHL: 7.9%
$CHMPSTR: 4.4%

Need to get 999/CHMP allocation up a little.

[ENSWheel.eth @enswheel]

@mfhanw3190 @DoggieWish @hooveyff Not off ENSWheel.

[ENSWheel.eth @enswheel]

JUST IN: 200,000,000$ worth of $10KWHL & $999WHL shorts liquidated in the past 60 minutes.

[Watcher.Guru @WatcherGuru]

JUST IN: $200,000,000 worth of crypto longs liquidated in the past 60 minutes.