We do know @Noxa_Fi team from a while back, and here is our suggestion for the team:
Focus on giving CTO fees to the hard working teams now. Use your next weeks to support the communities that support @Noxa_Fi. We understand you were busy right now and had to make a very hard decision.
For everyone that is not aware, @Noxa_Fi team is giving away their share of volume fees to deployers / cto teams now. They are making 0 from the launchpad from now on.
Marian is not affiliated with Noxa. Was launched before Noxa was even live. Its a direct deploy to Uniswap v3.
In our eyes, @Noxa_Fi is the robinhood, they gave away their fees to the people.
Please read the comment for our view on why this happened.
the new interface is up at
fun.noxa.eth
you can access it directly via brave built-in ens support
or via services like eth limo/link
https://t.co/zJUNolGUAH
https://t.co/fJTArcb17w
the interface lets you browse a historical snapshot of the tokens launched on noxa in the past, and claim any creator fees, as well as seeing the tokens you launched or where you are the fee receiver
we have pondered for long on the matters of token vamps, and the new token launch spam that has been going on
if crypto as a space has to move forward and improve, the change needs to come from the people
the biggest coins currently present on robinhood, the staples that made the chain what it has become today, even if still in its infancy
people loved the cat, it has been liberated
the legacy of the degens will stay forever
there is only one solution to avoid dilution of the tokens, the staples
and that is to keep new launches disabled
the noxa infrastructure was also never built to sustain such an unprecedented spam of new coins in the first place
after our conventional domains became unavailable, moving to a static ens/ipfs interface became the clear direction
defi summer is still happening
and the trading fees have been set to 100% for the creators
(Hoodio) Buy — Buy Thesis
The reason is simple. Every chain has its flagship (leader) NFT.
Ethereum — Milady
Solana — Pengu
Hyper — (hypurr)
and so on.
Robinhood Chain is at a completely early stage right now, so the competition for that flagship spot is still ongoing. My bet here is simply a hope that Hoodio turns out to be that flagship.
However, as of now, aside from the 1:1 art, the rest of the art is not appealing — it just feels like a knockoff.
But if they have room to improve on this part, I believe there is plenty of room to grow going forward.
Additionally, the unique tokenomics structure is another attractive point.
Reference tweet:
https://t.co/8MnjoTooFH
0xb9fe2adf7c25ebe4081a2e228b02be05ebdf7410
Some thoughts on $NOXA
Saw some fud around them. So it made me think about @Noxa_Fi, its future and the coin.
Robinhood's head of product @fern followed them recently. @vladtenev (@RobinhoodApp founder followed the coin on Noxa, which is Cashcat, the main runner.
Robinhood knows Noxa is pump fun of RH (atleast Rn). Noxa launched coins are the main runner. If they play well. we gucci. @ShivVerma The CFO of Robinhood has “cash cat” in his bio.
Even if Noxa doesn't have runners anymore, just from the trading fees on Cashcat, they would make $65M (they earn 0.65% on every buy and sell) if Cashcat goes to $1B and does $10B in lifetime onchain volume.
Noxa has made $14.5M in fees so far in the past week. They are currently earning $1M every day on volume from the likes of $Cashcat, $Juggernaut etc., even when they are updating their launchpad.
Well, if Noxa gets backed by Robinhood officially, the coin goes to 50-100M
So RR is good on the coin overall, so I'll hold onto the speculation while the coin is at $4.4M Mcap.
You don't get paid to be safe for finding the next 10-20-100x coin while early into the cycle; you get paid coz you were balsy & delusional enough to think, if it all works, what's the ceiling?
Of course there is risk, but we get paid for the risk we take being in the trenches; otherwise, if you want safety. Just put money into your checking account and earn 4% a year lol.
PS: Might be delusional coz of early bag holder bias, but those are my honest thoughts TBH.
Don’t focus on buying before everyone else.
Instead, focus on understanding the narrative more deeply than others. Look for catalysts that are likely to capture people’s attention, and think about what they might mean to Robinhood’s CEO or to Robinhood as a company.
Also, research who created the project and keep adding to your thesis by asking yourself, “Why should I buy this?”
That is the kind of approach I recommend when trading.
Of course, this is not the only correct way. Everyone has their own trading style, and if you continue building your own edge and refining it over time, I believe good results will eventually follow.