Are $SOL #NFT projects that launched a successful web3 business with mint funds, legally obligated to uphold any advertised rewards structures if holders disagree? @MoonPayCommerce and @moonpay don't seem to think so....would love your take @CoinDesk@Cointelegraph@DegenerateNews@solana@toly Personally smells like fraud to me #heliorug
Wow, @MoonPayCommerce and parent company @moonpay just announced their intent to soft rug all their $SOL #NFT holders. Didn't care about the law when they needed startup capital....nor when they signed a buyout deal...but now they do and they think they can get away with it.
Helio has surpassed 2 MILLION users! 💥
That's over 2 million users buying with a Helio checkout!
Shout out to the 6,000 merchants powering their sales with us 🤝🏻
Thank you for building with Helio. We're just getting started!
HUGE NEWS!
Helio is joining forces with @moonpay 🟠🟣
In just 3 years, we’ve built a lot, powered $1.5B+ in transactions and became Solana’s go-to payment processor.
MoonPay’s unmatched position as a bridge between traditional finance and DeFi, combined with their strong brand, global reach, and regulatory strength, creates an incredible opportunity to accelerate Helio's growth and redefine payments together.
This is just the beginning of an exciting new chapter! 🚀
Giveaway Day 5 🎁
Stay cozy in style with @BadEnvClub 🖤
Win the bestselling Hollow's 'Hazmat' Demon Hoodie!
To enter:
1⃣ Follow Helio & @BadEnvClub
2⃣ Like & RT
3⃣ Comment BAD* ENVIRONMENT
Entries close in 24 hours! 🎅🎉
Shipping limited to the USA
Giveaway Day 4 🎁
Start 2025 as your best self with @PulseNoLimits! 🏃✨
Win a Pulse One Founder Edition for the ultimate blend of style and performance.
1⃣ Follow Helio & @PulseNoLimits
2⃣ Like & RT
3⃣ Comment "Pulse Mode 🔋"
Hurry! Entries close in 24 hours! 🎅🎉
Shipping is available to Europe, the USA, Canada, India, Hong Kong, Singapore, Thailand, Korea, the Philippines, and Vietnam. Shipping costs and taxes apply separately.
Giveaway Day 3 🎁
Win a Variety 6-Pack & Kups NFT to fuel your holidays with @RaposaCoffeeCo! ☕✨
To enter:
1⃣ Follow Helio & @RaposaCoffeeCo
2⃣ Like & RT
3⃣ Comment Raposa
Entries close in 24 hours! 🎅🎉
Shipping limited to the USA, Canada & Europe
Giveaway Day 2 🎁
Win a @claynosaurz NFT, exclusively for the HelioX Pass community!
Enter here:
🔗 https://t.co/Jv0rJ4eOfg
To be eligible to win:
1⃣ Follow Helio
2⃣ Like & RT
3⃣ Comment Helio
Entries close Dec 24 at 6pm EST! 🎅🎉
Giveaway Day 1 🎁
We're kicking off the holidays by giving away a @solanamobile Seeker 📱✨
Here’s how to enter:
1⃣ Follow Helio & @solanamobile
2⃣ Like & RT
3⃣ Comment Seeker
Hurry! Entries close in 24 hours! 🎅🎉
Launch and trade NFTs instantly.
Today we are announcing our partnership with @TensorFdn.
With the integration of TensorSwap, jpegs will flow free, unleashing a new era bonded by curves and secured by AMMs.
1/2
1/ I sat down to read the @a16zcrypto State of Crypto report this weekend. I learned a lot! I’m mostly focused outside of the EVM world, so I always appreciate opportunities to learn about innovation happening elsewhere in the world of self custody.
That said: I noticed quite some implicit EVM bias throughout the report. A few observations:
Experimenting w CAT Launch Mechanisms
Happy to share that Jupiter will be collaborating with @Irenezhao_ to launch @iloveasianmom, experiment with new launch mechanisms to improve the memecoin meta, and hopefully give degens an on-chain mom to care for them when they are sad.🤱🏻
* now: sad degen 😢
Major Problems Today
There are some major PvP problems with the current launch meta for memecoins - including fake wide distribution, sniping, opaque dev allocations, ability to instadump, lying "influencers", massive presales with dev dumps, etc, etc, etc, etc, etc, etc, etc.
CAT: Certainty, Alignment, Transparency
Ideally, launch mechanisms for memecoins should build certainty, alignment, and transparency for the community, while giving the project lots of room to explore, grow and reward participants.
As such, we will be working with @iloveasianmom to help them achieve the following for their launch:
1. Wide initial distribution: To prevent any single point of control of initial supply, there will be an airdrop based on the tweet I did (twitter data is hard. currently working hard on an inclusive yet accurate filter, will update soon)
2. Known dev wallets: With clearly marked on-chain cliffs and vesting so instadumping is impossible
4. Long term aligned liquidity: Where the initial liquidity providers who get in cheaper and the team are fully aligned in the long term, while having the potential to use fees to help fund immediate development
4. Multi round distribution: To reward proactive community members and align w other communities
5. Cross community collaboration: Marketing is crucial to projects, but we believe this is best achieved w broad public collabs and not under table deals
If these works, ideally it can serve as a model for other memecoins in contrast to the sniping, opaque control, instadumping prone, paranoid launch meta we see today.
Jupiter and JUP DAO
For strong alignment with the Jupiter community, the Jupiter DAO will receive 5% of the ASIANMOM tokens. The Jupiter DAO is the best DAO in the universe so I am sure we will be helpful 😇🤣🤪
To keep things very clean (cats like things clean), neither me nor the Jupiter team will be receiving any allocation. Instead, we will looking to formalize/productize some of these key CAT mechanisms into a permissionless system that any projects can use to launch their token.
Timings
It is up to the @iloveasianmom team to decide on when they want to deliver. On our end, we will be building up the needed mechanisms and initial airdrop list.
PPP
Alright, lets get to feeding some degen babies and see if we can learn something in the meantime. With some luck and over many such experiments, we might even be able to get some ideas on how to move the PPP idea forward.
Peace,
🐱
* soon: happy degen 🤱🏻