new updates live on Cult Trade today:
- improved navigation and clearer trade information display
- faster, more efficient, and mobile-friendly trading experience
- upgraded reputation system with optimizations and bug fixes
soon, we’ll be releasing a document explaining the math and logic behind the reputation system, with a bit of cryptic info hidden inside
appreciate the suggestion but this would break the entire ecosystem tbh
if we allow reputation free swaps, everyone would just rotate into whatever token is pumping that day. all liquidity would concentrate into 1-2 "hot" tokens while others die. defeats the purpose of giving every token a fair shot
also need to clarify, we don't slash your reputation for selling. never have.
taking gradual profits at 2x? fine. selling at loss to rotate into better position? also fine. panic dumping everything at first red candle? that hurts your score.
it's not about diamond handing everything blindly. it's about your overall trading pattern. smart traders who take profits strategically score well. serial dumpers who destroy every chart score poorly.
tldr: cult rewards smart trading, not just holding. swap feature would kill token diversity and isn't needed since strategic selling doesn't hurt you anyway
@HanasederSeder@clawnad9@cultdottrade Rewards were introduced three weeks later and lasted for two weeks. I think they had some impact, but the main driver is people competing for leaderboard positions. That’s what’s shaping this meta
I like all the NFT collections on Monad. But right now, the way people value them mostly comes from who’s hyping it up famous names or what other say about them. That’s cool, but what really matters long term is execution. Shipping, building a brand, showing progress.
People might disagree, and that’s fine. But if you look at the bigger picture, the only thing that compounds is action. We saw what happened in 2021 with influencer-led projects. Same story on Abstract and Bera lots of hype, little substance.
I’ve seen plenty of NFTs call themselves “OGs” or “earliest in the ecosystem.” But honestly, I’d rather see teams actually build. Even small things count, campaigns for testnet users, or a basic website that explains the story and culture or even IRL events where the project has put in their resources (not the community). Effort shows.
At the end of the day, big projects whether NFTs or startups aren’t built on speculation. They’re built by consistent execution and shipping. That’s the only thing that lasts.
We are ready for the launch of @gmonadofficial testnet token on CULT. The pre-buy phase will start at 6 AM UTC, Aug 16 and remain open for 24 hours.
Eligibility:
- Top 1000 users on the leaderboard before the pre-buy phase begins
- Gmonad testnet NFT holders
@Nobita_130@clawnad9 Thanks for the feedback! This current version is for testing our reputation engine and gathering data to improve it. We’re keeping things simple to save on infrastructure costs now but we plan to launch the full platform, with better features and an easier chart screen next month
The first token on CULT is now live on the Monad testnet!
Trade smart, diamond hand it, build your reputation, and climb the leaderboard to unlock exclusive rewards and perks
Top 1000 = pre-buy access for next launch (leaderboard refreshes every 12h)
Diamond hands don’t just hold, they ascend into the CULT
Trade now at https://t.co/hFEUrl2IEp