Global Boost Rollout Update
On January 20 at 20:00 UTC, we will initiate the cutover from legacy boosts to global boosts. This will trigger a number of upgrades to happen simultaneously. Let's dive in to what's happening.
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Global Boosts
Today we're excited to announce the next generation of ORE boosts. Strap in to learn why boosts are changing and what it means for you.
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$ORE prioritizes:
🔹 Self-custody
🔹 Decentralization
🔹 Passive yield
🔹 Ecosystem growth
🔹 Community building
🔹 Long-term vision
🔹 Sustainable tokenomics
🔹 RWA integration
🔹 DEX liquidity
These priorities collectively pave the way for a prosperous and inclusive future.
Earlier this month, we launched the Radiants ORE Program (RORE) — and the results have been nothing short of amazing!
So far, Radiants has distributed over 57 $ORE to contributors in our exclusive mining pool for holders & contributors, totaling to around $4,000 in just a few short weeks.
2025 — RORE — See you then ☀️
Mission coins will beat everything because they trigger emotional resonance in people *on top* of financial self-interest.
Find Memecoins most similar to BTC.
BTC Walked so that ORE can Run
I love Bitcoin. I was introduced to crypto through Bitcoin in 2012 and it’s changed the trajectory of my life in several ways.
However, Bitcoin’s development has been stagnant for years. Besides price, almost every other KPI has been in decline over the past 7 years. And I haven’t seen any evidence that the current spectrum of technologies (from lightning to L2s) will scale the network meaningfully.
So why has BTC’s price continued to increase?
1. Bitcoin’s fair launch origin story, liquidity network effect from time in market, institutional ownership, global community, and strong censorship resistance guarantees are all key factors.
2. Bitcoin’s paradigm-shifting North Star. The market for a verifiably scarce, robust, and non-sovereign SoV asset is becoming the world’s most important market, and this narrative has resonated incredibly.
3. Lack of viable alternative assets to compete with Bitcoin. The only 2 contenders within crypto, ETH and SOL, have structural deficiencies when it comes to becoming SoV assets in their own right (although this doesn’t mean they won’t perform well as they garner more economic activity).
Due to those reasons and despite Bitcoin’s lack of technological progress, I didn’t believe it was possible for another asset to fill the role of “digital gold.”
This was until I learned about @OREsupply.
Ore is the next digital gold.
Ore is still in its infancy and there are many risk vectors to address. And I believe Bitcoin's price will continue to climb on it's current adoption path. But, Ore has unique structural advantages that open a different, faster adoption path.
1. A vast majority of people who own Bitcoin will hold BTC on a centralized exchange or through an ETF (also centralized custody). I think this somewhat undermines one of the core values of Bitcoin and is a result of not needing self-custodied Bitcoin to interact with native smart contracts or DeFi.
Ore, on the other hand, is natively issued on Solana where you need to self-custody in order to use it within the growing DeFi ecosystem. I think this is very important for the long-term defense against government interference.
There are multiple efforts to bring BTC back onchain to use in DeFi, but the problem is similar to what happened with Ethereum and its L2s, where there is growing liquidity fragmentation between cbBTC, wBTC, sBTC, etc.
2. Again since Ore is natively built on Solana, it inherits excellent non-custodial wallets like @Phantom and a very scalable underlying payment/exchange network that is getting faster and more robust each day.
Also, unlike Bitcoin, Ore's developer community does not have the overhead of dealing with the complexities of other layers of the stack (consensus, networking, etc).
3. While Bitcoin launched fairly and Satoshi's stockpile of BTC is probably lost forever, the original distribution was too skewed to early miners/adopters. By just the fact of not being first, Ore has learned from Bitcoin’s 15 year history. This has allowed the core team to smooth out the issuance curve, upgrade the algorithm to be more ASIC resistant, and expand the time horizon to participate in fair launch mining (even from your phone soon).
4. There is an argument to be made that Ore could become "harder" than Bitcoin. This is due to the fact that Ore is a program/contract on Solana, which means that contract could be frozen forever, which the core team has indicated.
I know it would be very difficult to change Bitcoin's core properties (21 million coins, etc.), but the growing BTC on centralized services, centralization of mining, lack of transactions fees, etc. does potentially pose that risk long-term.
5. Ore's final structural advantage will be controversial (even more controversial that this post has been already). In addition to a cult-like grassroots community, Ore has a dedicated core team (@hardhatchad, @bigtimetapin, @neil_shahani) sprinting on development and building products to boost adoption. This is very different than the more "decentralized" approach by Bitcoin after Satoshi left the project.
But, having a front row seat to what has happened between Ethereum vs Solana, I believe having a strong, product-focused organization pushing the ecosystem forward is critical in the early years of the project.
Concluding thoughts for now.
There is much more to say regarding Ore's strategic use of its Boost mechanism to increase liquidity on key trading pairs, amongst other advantages. But this post is already too long. So in summary, BTC will continue to march upwards as TradFi and nation states integrate it further into the centralized financial system and global capital markets.
However, while Bitcoin is the first non-sovereign, store-of-value asset to reach escape velocity, it will not be the last. Despite being valued at around a $10 million market cap today, we at @Colosseum believe $Ore will be the next digital gold to reach escape velocity over the coming decade by carrying forward the original principles of p2p/self-custody and growing in lockstep with the onchain decentralized financial system.
See you in the mines.
Been in heavy accumulation mode of $ORE (@OREsupply ) lately.
I had previously been quite bearish on it, primarily due to the FDV. When I tweeted previously it was around $480 and total supply was 21M which had it around ~$10B FDV. That was crazy and was not interested at all at those levels. A LOT has changed since then.
- Total supply changed. From 21M to 5M.
- Emissions rate changed to 10% reduction per year
- Price has come down to reasonable levels
At it sits right now around ~$50. Supply is ~185,855. So Circulating market cap of ~$9M and FDV around $250M. Seems like a good entry here to me for the potential upside.
Few more notes.
- I bet on leaders and @HardhatChad is one of a kind.
- He raised $3M for Regolith Labs earlier this year to push $ORE forward. Importantly on this raise "There were no ORE tokens sold as part of this fundraising agreement. ORE was conceived of and shall remain a fair-launch token with no pre-mine or insider allocation."
https://t.co/ZsVZPxCoD9
- Completely fair launch token
- ORE mission is to reimagine proof-of-work mining
- Pushing the Digital Gold of Solana narrative
This will be a long road to adoption but I am down to ride with Chad and his crew.
See ya in the mines.