Scan any Thai QR and pay with SOL 🇹🇭
- P2P
- Permissionless
- No KYC
- No Account
Works with any QR, merchant or personal, and no need for permission (the way it should be)
Decided to join the Frontier Hackathon ~2 weeks ago, talked to the community, spotted a need, and got to work
I’ve been hacking and testing from the start and decided to have some fun yesterday..
So I hired a van and spent the day spending SOL all over Bangkok
This was a glimpse of the day 🎥
Waitlist open for early access:
MegaETH's decision to shut down their points program is actually pretty smart.
Points campaigns never attract the right users - they attract farmers: extract value, then leave the chain.
Real growth comes from redistributing value to those who create real value in the ecosystem.
Welcome to a maturing industry.
After reviewing the Terminal data, we’ve decided to conclude the season early, and sunset our Terminal program.
The points distribution for Week 3 has gone out as normal and a snapshot has been taken of all user activity up to this point, which will be used in our final calculations. This decision did not come easy, but we believe this is what’s best to support our ecosystem.
Next week, we'll run a supplemental points distribution to thank all users who have been exploring and experimenting with the different apps throughout the program.
Eligible Terminal participants will receive a share of the rewards pool in USDM, based on the points accumulated to date as well as activity that supported Mega.
Early next week, we'll open a place on Terminal for one week so you can designate a wallet address to receive your rewards.
Terminal’s main features will be merged with Rabbithole, transitioning everything into one unified chain experience.
Thank you to everyone who has supported us this far. We can’t wait to show you what we have in store.
A note from Shuyao on what’s next:
Tbh I think Terminal could’ve been a huge opportunity in Season 2 if Season 1 had delivered a strong airdrop
Megaeth decided to shut it down and focus on the ecosystem instead
The more time I spend around Megaeth the more bearish I become short term and bullish long term
The team keeps sacrificing short term potential to fully commit to their vision and that’s cool, but a lot of the results will take time to show up
$MEGA here might be like Solana at $10 we could go lower while the ecosystem keeps growing but long term I’m confident this is the next gen blockchain
decentralization is a bad sell
the reason is that it focuses on the absence of something rather than a concrete, perceptible difference gained from its addition
humans buy presence -> i.e the gain of time, money, access, identity, status, and joy
bitcoin does this well, and is arguably the only one to have done so
the decentralization isn't why you buy bitcoin, you buy it because of what it promises you
for some people, this is money free from the state; for others it's identity, for some insurance, for some status, and for most it's the appreciation of the asset and hence money
decentralization is necessary for the selling point to work, but it is not the end itself
so if you've made the choice to build on top of a decentralized platform, it is mostly useless to talk about it (except in so far as trying to avoid regulatory responsibility, which is fair), talk about why you are now different as a result
perhaps that's asset selection, perhaps that's access, perhaps it's efficiency or composability or speed or security, but without something tangible you won't be able to sell effectively
once you do this, you'll understand whether the thing you're building is useless or not
because if there's nothing gained from the decentralization vector except putting the word itself in your tweets to signal virtue, then you are building the wrong thing
Will say it again:
The conversation is no longer L1 vs L2.
It's whether the chain has products beyond tx fees or not. That's literally it.
That's it, because that's the only way you can capture enough revenue to justify the historical valuations.
You need INSANE scale for payments or constant blockspace contention to hit the numbers otherwise.
@kbulychev_ Crypto is returning to its original promises. When used wisely, its true value emerges.
International payments, financial access, freedom of use, and an alternative to traditional banking limitations.
consumer crypto finance is growing explosively,
powered by @raincards & similar companies
what lies ahead:
- strong companies will get even stronger
- upstarts will accelerate innovation & growth
- companies will need to fight harder to win customers
finance is personal.
- companies with authentic vibes & strong IP, able to connect well with consumers, will win.
finance is political.
- companies able to align with consumers' values will win.
(privacy, permissionless, self custodial products - valued by crypto natives)
finance is powerful.
- companies with superior features, brand & distribution will win.