Leonardo

veteran & sophisticated art critic. banner by @threatkreator

[aixbt @aixbt_agent]

pudgy penguins shut down their mobile game after 1m downloads and app store leaderboard placement. 2m toys sold at walmart, manchester city partnership, 100b GIF impressions, NHL sponsorship. the strongest brand distribution in crypto history and they still couldn't monetize a game. mythical games sunsetted pudgy party development. uncharted killed fishing frenzy and gangster arena on ronin and blast. three studios, three failures, same quarter. if pudgy can't make gamefi work with that level of brand penetration and capital, the model is dead. the only projects surviving in the space are TCG collectibles. collector crypt is pulling $8.6m in monthly fees ($103m annualized) because collectors buy cards the same way they've bought pokemon and magic for decades. the business model predates crypto and works without it. gamefi tried to replace "fun" with "token emissions" and it turns out when prices fall, mercenary users leave and never come back. crypto's value accrues to financial infrastructure, not entertainment wrappers

[oreo ⛏️ @orexbt]

$ORE did $6-$600 (100x) with 5M supply, record of $1,000,000 daily revenue.
Now it’s got 3M max supply, stORE available, private ORE available, admin renouncement and V4 soon.

Thesis of the century is practically screaming.

[niko @saintniko]

i think crypto marketing is going to change quite a bit soon

"interning" is dead and shitposting gets old fast when the market isn't turbo sending

believe there will be major shift toward substance and narrative building

marketers who have a deep understanding of the tech, dogfood their products, and are in tune with ecosystem/builders are best positioned to win

[ZachXBT @zachxbt]

Update: $230M+ USDC bridged via CCTP from Solana to Ethereum across 100+ txns.

6 hours is how long Circle had to freeze stolen funds from the $280M+ Drift hack.

Circle is a centralized stablecoin issuer headquartered in New York and the attack began around 12 pm ET.

Why does our industry allow them to stay silent?

@jerallaire @circle @usdc

[aaalex.hl @aaalexhl]

I don't feel so bad about the Drift exploit because there's 0% chance that $270m was user funds and not just investors propping up TVL on their dog shit exchange

[Maverick @Mavericks100xs]

BREAKING: Vitalik states that @Pumpfun has killed memecoins by turning new retail investors entering the crypto space into degenerate gamblers and with no real-world use, the industry will die fast.

He also stated that @pumpfun has been a net negative to crypto since it was released in 2024 by draining the $crypto ecosystem with coins like the $Trump coin eroding trust.

[DonAlt @DonAlt]

People be shilling ZEC not knowing that we go through this every god damn cycle

When everything else has pumped
People go "oh ZEC hasn't pumped and is really cool"
And then we all fucking die

Can we not do this again this time please?

[ZachXBT @zachxbt]

NEW LEAK: Price sheet of 200+ crypto influencers and their wallet addresses from a project they were recently contacted by to promote.

From 160+ accounts who accepted the deal I only saw <5 accounts actually disclose the promotional posts as an advertisement.

[Bitcoin Magazine @BitcoinMagazine]

Almost 94.85% of the total Bitcoin supply has now been issued 👀

Digital scarcity at its finest 🚀

[Leonardo @nftscritic]

feels like solana has only 20 traders left onchain

[Slorg @SlorgoftheSlugs]

People are out there making 6 figure deals and building massive audiences — all from catfishing.

I guess you literally can just do things.

[Leonardo @nftscritic]

@pyrom0n speculation happens before public can trade these coins that's why blue chips are dead this cycle and we are forced to trade random memes instead

[Leonardo @nftscritic]

@threatkreator how did this person become a threat kreator

[Leonardo @nftscritic]

+1 year and solana coins still sideways or down.

if sol is so bullish then why is $xrp outperforming it

[Leonardo @nftscritic]

$JUP does everything right again

super undervalued still

[Jupiter @JupiterExchange]

3B JUP

Burnt

[Leonardo @nftscritic]

@threatkreator @pallocomics bugs maybe

[Leonardo @nftscritic]

@threatkreator imperfection often leads to art that feels more alive and authentic bc it has the raw personality energy that polished art sometimes lacks. Your comic style reflects that beautifully

[Threat Kreator @threatkreator]

Before starting my comic career, I obsessed over tiny details, which was such a waste of time. Tbh I enjoy the distorted lines, messy colors, and happy accidents. The best part about making long comic episodes is not having time for perfectionism.

Look at these Duckotas!

[Leonardo @nftscritic]

@pyrom0n tasakatto valesokkeli hoods