RWAs everywhere, all at once.
"I'd love to see all global assets available to anyone with an internet connection"
@ecdsafu and @0xtna explain why support for real world assets is growing at Squid:
Many people have asked how the $26.7m committed is made up. Was it just a few big whales?
We had 20 commitments from $50-$100k, one whale commit $150k
The rest was thousands of smaller checks from the community. The power of the internet 👥👥👥👥👥
@0xTheGrey@squidrouter Hey! https://t.co/eG3Lo3Ibv6
Not sure if you saw this previous post but Squid breaks down how the allocation process for the sale worked. Squid users were able to submit a priority allocation form to try to get an increased allocation.
Thank you everyone for your support. In the depths of a bear market, in the middle of summer, putting your money behind Squid. $26.7m in commitments is incredible 💜
We are trying to do things as right as we can in this industry and market. It’s scary and sometimes feels foolish to try to be good in a bad world, but this is a sign it’s paying off
Are tokens inherently bad, are they all doomed? We don’t think so, we are trying to do them better, like we’ve done better on hundreds of DeFi protocol mechanics and user journeys
We have been building things that are useful and helping users inside crypto for years. We’ve collaborated with thousands of businesses to help their users too. The main problem in the early days was that crypto itself was not useful. That is changing as we speak. Crypto is becoming useful
The market is expanding beyond scams, gambling and extraction. Traditional finance and payments are coming onchain right now, and a 15 person cracked team in crypto can build a product that is 10x better than a service from a multi-thousand person behemoth. That’s what we’re going to do, over and over
Excited to share what is next! Lfg
The token game is changing
DeFi as we know it, and altcoins as we know them are over
A new era of tokens and products is coming, based on revenue, adoption and real use cases. Bringing global finance to a global audience
Squid has always embodied this. It's our time. lfg
Many are leaving crypto: we’re doubling down
The next chapter of Squid is built on the thesis that we started with: even as fragmentation grows exponentially, we are better together
Uniting the world onchain is why we exist, and we’ve proved we have the credentials and the pedigree to do it better than anyone
Have you heard about Squid Intents?
It is our intent-based settlement protocol for moving assets between ecosystems 💫
Built to scale across any chain and any token, including non-EVM chains such as Bitcoin, XRPL, and Solana.
Catch a refresher in 🧵
If you believe in crypto, then you believe in Squid.
If you made it through the most recent bear market, then you believe in Squid.
If your patience has been tested by broken bridges, then you believe in Squid.
If your eyes have nearly bled due to horrendous UX, then you believe in Squid.
If your pockets have been emptied by gas fees, then you believe in Squid.
If you still think about the NFT that got away, then you believe in Squid.
If you believed it was so over the night before we were so back, then you believe in Squid.
If you believe in global markets and 24/7 accessibility, then you believe in Squid.
If you believe in financial freedom and opportunities, then you believe in Squid.
Your belief in crypto is not separate from Squid. It is the same.
Because Squid makes crypto work.
Share your belief, get 100 USDC? Yes pls.
We're sharing 1500 USDC with 15 people who share their custom belief on X.
Because what's more fun than belief? Getting USDC 😝
Entering is easy peasy, just follow the steps below 🫧
Real World Assets, open to ✨everyone✨
We worked with @minipay and @Celo to unlock Digital Gold for millions of users, all over the world.
In our first Squid Story, here's how 👇