meeks

DeFi // Gaming

[meeks @meeksbyz]

@MedoCons @GTE_XYZ @megaeth @megamafia @enzo_gte @GTE_Intern Very cool!

[zoomer @zoomerfied]

[ ZOOMER ]

SEC ORDERED TO THROW OUT DEALER RULE THAT FORMED THE BASIS OF CONSENSYS LAWSUIT AND TARGETED DEFI EXCHANGES: FILING

[enzo @enzo_gte]

We rolled the supercycle.

Nation states are coming in and buying our bags.

The last great capital rotation before AGI.

Generational wealth is being made right now.

My advice?

Stay locked in.

[enzo @enzo_gte]

Dear Ethereum DeFi founders:

The Ethereum Foundation does not support your 'little DeFi protocols'.

They are more focused on their 5-year roadmaps, public good funding, and self-denial that Ethereum is dying.

Why would they spend their time helping out the protocols that brought the chain relevance in the first place?

This is the sad reality that plagues our ecosystem: if you are building a DeFi app, the high-priests will not 'bless' you.

Or else they never would have allowed DeFi to migrate to Solana this cycle.

However, MegaETH does believe in you and your DeFi protocols.

Just because the Ethereum Foundation doesn't believe in you, does not mean that Ethereum does not accept you.

We know you are here because you believe ETH is unstoppable, decentralized, money.

And we know that you are willing to dedicate your life to seeing the vision of decentralized finance come true.

Just because the Ethereum Foundation doesn't believe in you, does not mean that Ethereum does not accept you.

That exact reason is why MegaETH was created: Ethereum without constraints.

Use ETH freely as your currency in your application, share-state with other DeFi builders, and receive hands on support from the core-team and other DeFi builders.

If we Make Defi Great Again, we will Make Ethereum Great Again.

Do you think it's a coincidence it's called MEGA?

[meeks @meeksbyz]

@Mega_Ecosystem @biomesAW @CapLabs_ @Funes_World @GTE_XYZ @Hop_Network @megaeth Check out GTE's latest branding update here: https://t.co/SpvxhzZJbH

[meeks @meeksbyz]

@Mega_Ecosystem More to come soon...

[MegaETH Only | ∑: @Mega_Ecosystem]

GTE just released their brand kit and asset library.

What do you think about it?

[MegaETH Only | ∑: @Mega_Ecosystem]

MegaETH Ecosystem list as of 18/11:

In this update, 5 new projects are introduced, each marked with a star.

MegaMafia projects:

▪︎ Biomes (@biomesAW)
▪︎ Cap (@CapLabs_)
▪︎ Euphoria
▪︎ Funes World (@Funes_World)
▪︎ GTE (@GTE_XYZ)
▪︎ Hop Network (@Hop_Network)
▪︎ Lemonade (@lemonade_events)
▪︎ Noise (@noise_xyz)
▪︎ Pump Party (@pumpparty)
▪︎ ShowdownTCG (@Showdown_TCG)
▪︎ Teko Finance (@tekofinance)
▪︎ Valhalla (@valhallaperps)

Other projects:

▪︎ comLayer (@comlayerdapp) ⭐️
▪︎ Mekaeth (@mekaeth_xyz) ⭐️
▪︎ MegaBot (@Mega_BotETH)
▪︎ PredictFi (@PredictFi)
▪︎ Rainmaker (@RainMakr_xyz)
▪︎ Ren (@renprotocol) ⭐️
▪︎ StakeStone (@Stake_Stone) ⭐️
▪︎ Yield Dot Fun (@yielddotfun) ⭐️

[bread.mega @bread_]

Meet @enzo_gte.

Enzo is one of Mega Mafia, a hand-picked group of based founders tapped (and enabled) to build on MegaETH.

All we ask of these founders:
- be good people
- crush code

Reach out if you, too, want to build with abundance on Ethereum.

[meeks @meeksbyz]

@marcosabruna @enzo_gte Let's revisit where eth is at only 2 weeks later...

[meeks @meeksbyz]

@enzo_gte There is only one choice: Full Send

[enzo @enzo_gte]

many hyped EVM based projects coming next year.

only one will inherit all of eth’s liquidity.

do NOT midcurve this.

[enzo @enzo_gte]

Binance was launched in 2017.

GTE will launch in 2025.

Same president. Same game. Different exchange.

[Shuyao Kong @hotpot_dao]

https://t.co/eWm8mTvW0D (WCD)'s Motherboard stage will welcome

- @enzo_gte of @GTE_XYZ
- @shayonsengupta of @multicoin
- @yuan_han_li of @bcap
- @WaverlyMaven of @MetaWebVC

These folks came from operating and investing across different ecosystems ( ETH, SOL and NEAR)

bro bing bing cannot wait.

[Shuyao Kong @hotpot_dao]

The ticker is fucking eth

[enzo @enzo_gte]

is eth heading towards an iceberg (and can it be stopped?)

yesterday that was the topic of the panel that I was on.

the short answer is: yes, eth is headed towards an iceberg, and yes it can be stopped.

the reason why eth may die is very clear: more capital is leaving the l1 to other l1s than capital is returning from other l1s or being retained on l2s

by checking a top bridge’s stats, you can clearly see this.

and so the first fundamental question to stopping this death from happening is asking why it’s happening in the first place.

my belief is that a chain is only as good as the applications it enables.

for a long term eth was the only game in town, so it was able to form a network effect around the liquidity that it initially brought on.

it’s clear that right now it’s losing its network effect.

the reason why is because the applications on eth and its l2s are just objectively not as good as the applications on chains like solana.

it is literally this simple.

a chain’s main customer is the developer. the developer’s main customer is the user.

for a chain to attract developers, it must enable developers to do things that are uniquely possible on that chain.

solana was the first chain to meaningfully combine enough of a product differentiation + distribution to start to eat away at eth’s network effects.

existing l2s are worse than solana in every metric: liquidity, throughput, and latency.

so it’s losing developers, which means it’s losing useful apps that can retain capital, which leads to capital leaving the chain (and its rollups).

so if eth is facing this slow death, how does it fix it?

the answer is also quite simple: enable developers to build applications that are only possible on your ecosystem.

for eth to do this on the l1, it will be impossible. the chain is too decentralized, the foundation is too rich, and the competence of the ef is not in moving fast, but rather in politicking.

so it must happen on layers above the main chain: network extensions.

this solution the essence of what defines gte and mega.

gte is only possible on mega, and mega is only possible as a network extension of eth.

i quite literally believe that if gte does not work, then eth is actually going to zero (this is not hyperbole, you can watch the capital leaving the eco yourself).

but gte will work.

because what we’re building is the culmination of 5+ years of a commitment to the l2 roadmap and a deep desire to build a better product for you: the end user.

and when it works, you’re going to see the real meaning of what it means to have eth’s liquidity.

right now we’re in a race — can mega & gte come to market before more capital leaves the eth eco to alt l1s?

but don’t worry, this is a race we intend to win. after all, I’m quite literally named after the GOAT of racing.

anon, together, we will make ethereum great again.

[meeks @meeksbyz]

@Mega_Ecosystem @GTE_XYZ See for yourself here: https://t.co/SpvxhA0h1f

[bread.mega @bread_]

Too much text. Note enough pics.

"Be the change you want to see in the world" - Mahatma Grain-dhi

Here's a pic of @megaeth specialized node layout in simple terms and then where each lay in the hardware spectrum.

[heisenbruh / mega-burger Σ: @0xHeisenbruh]

can't wait to mega cook with @0xBreadguy

part of our early community, Bread has a unique voice that makes you believe in sth

i can guarantee that he will bring lots of passionate folks to @megaeth and rally the community through his storytelling and immaculate vibes

eager to meet him in person and so happy to welcome him to the team!