BP25 WARMUP QUEST IS LIVE!
Kick off the action with our first quest:
“Warmup Forecast: SOL Signal” 🔮
Make your prediction for SOL’s price on Day 1 of Breakpoint and climb the leaderboard.
Big brains earn big points.
Join us today: https://t.co/z35FnlXiHh
#Solana #Breakpoint2025 #BP25
Vroom vroom. Are you buckled up?!
The next phase of the Solflare Card rewards is here and it’s powered by you: our community.
And yes… the grand prize is a Porsche 911 GT3.
Let’s hit the gas. 🏎️↓
For decades, institutional finance operated behind closed doors. The new Corda protocol opens the vault, bringing real-world financial strategies directly onto @Solana. Our vision is an open financial system where everyone can build resilient, diversified portfolios, putting the tools once reserved for Wall Street into the hands of DeFi users. Be part of what comes next: https://t.co/M91ZYakSYN
Abu Dhabi, ENTROPY engulfs you!
Check out our collabs at Breakpoint 2025:
- Main sponsor of @SagaMobileDAO house
- Figurine & custom NFT from @spenders_club
- Closing party airdrop with @SolflareKingdom
Entropy Engulfs Every End
If you’re at @SolanaConf, here’s a story you’ll want to hear.
With 4M+ users, @solflare continues to set the bar for lightning-fast wallet experiences.
How? By using our new Solana Archive Infra. 🧵👇
@weremeow Almost all of the funds ZAO had were used in trying to fight that Kamino entity, ZAO lost its time and funds fighting it, which was mistake. First a lot of buybacks wered voted, which did not help, then we realized how serious it is and tried with providing lots of liquidity, then even creating new DYN pool but it was too late, the entity was controlling 95% of the SOL and most of the mockjup in circulation in that DLMM pool.
$btc $58k is the key line of defense for bears.
Expect a v shape recovery if we just melt through.
The BOJ gave in to the market earlier today, you can assume the burgers are probably pressuring them to stop their shit a couple months before the election.
There is no question that the low is in imo, the variable that remains is do we get a retest of the lows and a market cooldown after that, or do we just send it straight back.
The weekly candles are looking insanely bullish at these levels, we'll know more by the end of the week.
In any case I think you need some exposure here.
gl degens
SCALES could end up being a great example of the airdrop meta being far from dead.
When projects treat airdrops as engagement farming or growth tools, its bound to fail.
When you treat it as a genuine, sincere way to build a community and grow awareness, it might just be the best thing in the crypto, combining the best of socialism and capitalism.
Of course, it does not hurt that the founders of SCALES earned their stripes (and massive respect) in the heart of the Jupiter and zer0 communities ;)
Interesting lightbulb moment that I had a on a call w/ @SlorgoftheSlugs and @weremeow.
A rant:
Highly intelligent and talented founders often fail because they discount or fail to understand the value of true community. They meet with VC's, tokenomics advisors, professional "brand" studios, etc and get lost in the sauce of their own expertise — letting their egos and ability to raise capital from outside their communities hold more sway than the people who found passion within their project.
The value of the dollar raised from VCs is pennies on the dollar compared to the value of a dollar raised from those who you will co-create with.
The approach most take is a form of solemnity — similar to bullshit political and corpo double-speak. It lacks integrity/care: most don't forsake their self-image and ego in favor of personal and cultural growth.
The work requires you to be vulnerable and fallible.
The work requires you to be a student of people you may consider to have less expertise than you — because until you actually have spent multiple hours on voice calls with them, you can't actually know.
In retrospect, DeGods is an excellent example of this sort of Icarus arc. By Icarus I mean: they flew directly into the sun — checking all of the boxes of what "should" make something successful by prior "business" or "web2" standards. VC raises, high floor prices, strong community and culture, solid branding, etc.
As @frankdegods has said, to paraphrase with an analogy: In the sun, they lost track of the things that brought them there and the wax on their wings melted (albeit jpegs are also just down bad in general).
I think Frank understands this now, which to his credit, is only ever understood trying, succeeding, then failing, and gritting your teeth. Its a massive level up, but let it go lower.
As @armaniferrante said in his recent thread, "the weird thing about humans is that they are incredible inconsistency (bullshit) detectors."
Communities may not be able to articulate what upsets them, but they'll be upset if they smell bullshit (bullshit is most often is simply a lack of genuine care and passion for the work and the people it affects).
If there is a large amount of FUD on CT or within your social channels, it may not be technically accurate, but it often comes from an accurate place, at least for that person. Understanding where that comes from is the key skill that one needs to separate the signal from the noise.
Founders often grow massive chips on their shoulders because their measurement is KPIs and functionally useless Web2/old-world status indicators.
What is "full-time" in a industry where 10-16 hour days are fun and energizing?
How do you measure the efficacy of culture building with a KPI?
How do you communicate these things to those who sit in ivory towers, looking to throw money at the next old ideas (e.g. L2 scaling solutions)? How does this get communicated differently to community members?
I think raising money from VC's, more often than not, is bullshit in crypto. Shit metrics, shit KPIs, points farming, inflated user numbers, all to try and create a valuation in a nascent asset class with virtually no PMF beyond the casino and speculation.
This isn't the case for all projects, but, is exemplified by projects like @Starknet calling their users "beggars" after begging for a $7bn valuation from VCs.
Value here is almost entirely disconnected from real-world value, people think you need $5mm to retire, people lose a years salary without batting an eye, and yet, I've found what I believe to be the most fulfilling work that exists: I actually feel that I can effect worldly change, and make lovely art in the processs.
But, what is a founder to do? What is a community to do?
The allure of ego once you reach the sun-beaten ivory tower, as defined by recent history (Silicon Valley, tech startups, massive raises, financial success, social influence etc), crumples most. Most assume that Web3 is an iteration on the "tech industry" rather than something completely new.
It is completely new, and it happens to use technology: we must be a students. Knowledge of what came before is useful on technical level, it is utterly meaningless, and often counter-productive if employed when it comes to creating real culture.
Authenticity, self-knowledge, and knowing that you will never actually know more than the collective hive-mind that is your community is deeply important.
Not that communities should govern your protocol or product, but rather, that they'll smell if something is off and if you perpetuate it/allow your ego to supplant your curiosity, you will fail.
And failure is good, collect failure like worthless jpegs and put them in your humble "I'm learnnnnninggggggg" basket.