petals for kite

likes to predict @meleemarkets | sheeshable with petalsforkite

[petals for kite @petalsforkite]

I am in Wave 1 of Melee Alpha!

Check @meleemarkets to see if you made the cut

[Melee @meleemarkets]

Welcome to the Melee.

Melee Alpha is now live!

Follow the link below to see if you made it into Wave 1.

[petals for kite @petalsforkite]

@MintedNFTs yooo, my weekend so hellish please make it fun

[petals for kite @petalsforkite]

@0itsali0 on point @0itsali0

[Minted @MintedNFTs]

Last call 🐸

Winners of the Minted x Hollows WL giveaway drop TOMORROW.

Holders are already in. Everyone else — last chance to enter below ⬇️

[Minted @MintedNFTs]

Minted x Hollows 🐸

EVERY Minted member = Guaranteed Whitelist for ALL upcoming @hollows_nft phases! ✅

2x Hollows Whitelist Giveaway 🎉

• Follow @MintedNFTs & @hollows_nft
• Reply with your ETH Address
• Like & Retweet

⏰ Ends Monday

Not a member yet? 👇

[petals for kite @petalsforkite]

@MintedNFTs @hollows_nft 0xa70F7e6c78bf83B014a8F581aD413b894eBDF755

[petals for kite @petalsforkite]

@MintedNFTs @0xSkyisthelimit in

[Nick Preszler @NickPreszler]

In the coming weeks we will reveal all, and prediction markets will never be the same.

To understand the PMM that will launch with Melee V1, you must first understand parimutuel markets, both the benefits and the drawbacks.

Bookmark/read this article to get up to speed.

The PMM is a new way of pricing events. PMMs will unlock permissionless market creation at scale for the first time. This is critical for the longevity of a prediction market platform. If its unprofitable to provide liquidity, liquidity will dry, and no volume will trade, no matter how good your distribution. The PMM allows this for permissionless markets. More to come soon.

[Bando @bandosei]

The Rise and Fall of NFTs:

> 2014
> concept of NFT is introduced
> first collection created
> named Quantum
> made by 2 friends
> to prove art can have digital ownership

> 2021
> after 7 years of experimenting
> the perfect environment is created
> lockdowns, everyone bored and online
> NFTs explode overnight
> kids print money from bedrooms
> $200 → $200,000 in weeks
> a jpeg sells for $69M
> nobody understands it
> everyone wants in
> discord becomes wall street
> your twitter feed = your income
> CryptoPunks become digital artifacts
> their floor prices go to $400k
> top grails sell for many millions
> Bored Ape Yacht Club isn't just art
> but access, status, community
> Facebook launches a metaverse
> people pay millions for digital land
> "people will live in the metaverse"
> celebrities pile in
> Justin Bieber, Steph Curry, Snoop Dogg
> not just buying but launching NFTs too
> top IG pages were launching NFTs
> even Lana Rhoades launched one
> everyone was launching collections
> people spent months grinding
> just to be eligible to mint NFTs
> mint days felt like war
> thousands fighting for supply
> bots everywhere, gas fees reach thousands
> people pay $300… $500… $1000
> just to click “mint”
> and it could fail, but the R/R was worth it
> missing a mint = missing life-changing money
> marketplaces printing billions in volume
> random projects doing millions overnight
> influencers shilling, timelines flooded
> TikTok full of “next 100x NFTs”
> everything goes up
> even bad art sells out
> even scams make money
> ETH was reaching ATHs
> NFT mcap goes from $30m to $8b
> peak euphoria

> 2022
> euphoria continues until April
> the market peaks at ~$40B
> generational wealth was built
> reality hits in May
> too many projects
> not enough buyers
> cash grabs everywhere
> then Luna and FTX collapse
> billions vanish, trust disappears
> liquidity gone overnight
> floors start nuking -50% → -80% → -95%
> group chats go quiet
> people stop flexing
> but there still is a lot of speculation
> few collections still bring good returns
> narrative shifts from flipping to building
> NFT mcap goes from $40B to $5B in June
> "just a small drawback" right?

> 2023
> wrong
> volume down 90%+
> nobody left to sell to... then a spark
> Bitcoin Ordinals: NFTs on Bitcoin
> new narrative but same behavior
> degens return, fees explode again
> btc flips eth in NFT volume
> but it doesn't last long
> regulators step in
> lawsuits begin
> nfts return to being a ghost town

> 2026
> after 3 years of unsuccessful stories
> the aftermath is brutal
> -95% from peak, users gone
> eth below $2,000
> nft mcap below $1.5B
> bags everywhere, exits nowhere
> blue chips struggling
> CryptoPunks fp under $30k
> Bored Apes aren't even worth $10k
> Meta closes their Metaverse
> $150b+ in losses and that's just one project
> the gold rush is over
> the noise is gone
> the idea remains
> the hope for a comeback is stronger than ever

And this represents just 0.1% of the history of NFTs. Writing this final segment I realize how easy we had it and how much fun we had during that bull run.

If you enjoyed this post and want to make my day, consider leaving a like.

And for similar content check my profile.

[Melee @meleemarkets]

average melee standup

> quant talking about math stuff
> devs talking about revolutionary pmm technology
> max asking who spent $200 on robux using the company card

intern:

[petals for kite @petalsforkite]

@meleemarkets manifesting everything with @meleemarkets 🙏🙏

[Melee @meleemarkets]

you guys have remembered to do your daily check ins... right?

scratcher 🤝 melee

[petals for kite @petalsforkite]

@meleemarkets Lets cook on v1 @slyyyzz @zerososhi @KoiiiSol

[Melee @meleemarkets]

today we start on the road to melee v1

throughout alpha, testers have been quietly hitting 20x, 76x, and 185x returns

but this was only a proof of concept, with the core vision validated things start to get really exciting 👇

https://t.co/flncekKyup

[Raiku 🐉 @raikucom]

Prediction markets belong on @solana

That's why @meleemarkets is bringing the best of crypto and prediction markets to the greatest blockchain in the world.

Want to learn more? Set your reminders to join us tomorrow!👇

[petals for kite @petalsforkite]

@0xEntheox @meleemarkets just like you @0xEntheox

[Melee @meleemarkets]

did you turn your notis on?

i heard its going to be a big week

[Melee @meleemarkets]

i am at peace

(thinking about melee v1)

[petals for kite @petalsforkite]

@0itsali0 @rewritehistory0 🧎‍➡️🤲