🧠 Có lẽ bạn chưa từng biết, hoặc đã quên: @SuiNetwork từng bị FUD 💥 vì tokenomics mờ ám, team bán lén token 🕵️♂️, không airdrop cho cộng đồng 🙅♂️…
….và sau đấy là lịch sử!
🤫 next? @ikadotxyz sẽ trả lời 🦑 Không hôm nay… nhưng rồi sẽ đến lúc!
the Frontier Hackathon is done.
96 teams. one mission: native cross-chain capital markets with zero bridges.
built on @ikadotxyz dWallets + @encrypt_xyz.
ika holds. encrypt hides. solana settles.
your winners 🧵🦑
i've met quite a few people in miami (and here online) that asked me "what's the plan for ika", and although we have said all of this many times on many platforms, let me clear it up here in the most direct way possible:
1. ika is dev infra. it's one of the most powerful pieces of dev infra to ever exist in crypto, but for that potential to be realized we need devs and usage for ika's infra, and that has been a big gap that we're working to close in 2 meaningful ways - solana and encrypt.
2. solana is the number 1 dev platform in crypto, which is why ika is coming to solana. ika will still be available on sui, but our focus is solana because that's where all the developers are - since we announced it 6 weeks ago, we've had more developers interested in, exploring and building with ika than we've had in the past 4 years!! there's nothing that's even close to solana when it comes to developer velocity. absolutely nothing.
3. we're also launching an ika product ourselves on solana, which is itself another super powerful piece of developer infrastructure - @encrypt_xyz. privacy is going to have a huge role in crypto in the next few years, and encrypt's FHE tech is the best in the world. there are many developers building with encrypt, and every encrypt tx will also be an ika tx, which means every encrypt builder is also indirectly an ika builder. encrypt is a HUGE WIN for ika.
4. both ika and encrypt are live on solana devnet, and their launch timeline for mainnet will be announced soon. the next season of tasks for ika will be on solana after we go live on mainnet there, which will conclude season 1.
5. i've said it many times before, we are here to make cryptography infra that solves the hardest problems in crypto - custody, interoperability and privacy - and help crypto get mass adoption so it can change the world. over the past 4 years we did the impossible and solved some of the hardest cryptography research problems that many teams before us have tried to solve and failed. in the next few years we're going to do the impossible again with developer adoption. i know that crypto people have ptsd from unserious teams abandoning projects left and right, but this has always been a life-changing mission for us. we don't care about cycles or trends or what vcs think or what people say on twitter. we've been working on this mission day and night for 4 years, and the work is far from done. we will not stop or slow down until 90% of crypto txs are signed with ika.
@solana is a game changer for @ikadotxyz, and @encrypt_xyz is a big part of that
get ready for the next chapter anon, it's going to be fucking amazing
Qué pasa, Cholos!
Happy Cinco de Mayo y pasarla bien El Día de la Batalla de Puebla &
If you made it this far drop your sui addy and guess any number between 1-1000.
Buena suerte!
Also S/O @PrimosNFT 🤌🏽🤌🏽
🧠 Có lẽ bạn chưa từng biết, hoặc đã quên: @SuiNetwork từng bị FUD 💥 vì tokenomics mờ ám, team bán lén token 🕵️♂️, không airdrop cho cộng đồng 🙅♂️…
….và sau đấy là lịch sử!
🤫 next? @ikadotxyz sẽ trả lời 🦑 Không hôm nay… nhưng rồi sẽ đến lúc!
today we announced @ikadotxyz will be available for @solana builders, and that we are also going to launch @encrypt_xyz on solana
bridgeless capital markets
encrypted capital markets
here are 10 examples to illustrate the practical meaning for builders and the types of businesses they’ll be able to build on solana in 2026. this list of examples will probably take at least 2-3 years until it fully materializes, and it’s by no means an exhaustive list, but it can give you an idea of the level of enablement this infra will create for solana builders
1. decentralized @FireblocksHQ - institutional grade custody for any asset on any chain enforced by solana instead of a centralized, single point of failure, black box
2. faster, cheaper and more secure @chainlink - using FHE-TLS to get price feeds and other APIs directly into a solana program without relying on an oracle
3. faster and more decentralized @near_intents - bring a CEX-level experience to trading any native asset from any chain, right on solana. another version of this for an even smoother CEX-like UX is creating a zero-trust @binance on solana, where all user assets are held centrally but solana enforces the policy only allowing approved actions to be executed
4. multichain agentic wallets - scalable decentralized guardrails for the agentic economy, enforced by a policy on solana, so agents don’t have full unchecked authority over private keys
5. multi-chain lending - use bitcoin, RWAs, or any other asset on any chain as collateral, and borrow any asset on any chain against it - with a solana lending protocol enforcing the loan terms
6. fully confidential defi - private trading and lending at scale that can only be unlocked by the first fast, decentralized and composable privacy infrastructure to ever exist
7. onchain @privy_io - self-custody embedded wallet infrastructure that doesn’t sell out users to stripe but still has amazing user experience - all managed and enforced on solana
8. full financial management apps for businesses and individuals - using FHE-TLS to store users’ encrypted credentials onchain, and enable seamless embedding of defi, tradfi, banking etc. - so all financial actions, in crypto or using web2 APIs, are all managed atomically and executed autonomously with policies enforced by solana.
9. reimagined multisig and wallet products - use solana as a control layer for users to hold any asset on any chain with web2 UX and features like recovery, passkeys, spending limits, access sharing, whitelisting, delayed execution etc. - all without centralized trusted intermediaries and without expanding the attack surface on the user device
10. under collateralized business loans in developing countries - using streamed loans with clear benchmarks and approved plans, and FHE-TLS continuously feeding real time data confidentially, allowing the solana policy to verify that loan usage is according to the commitment, and automatically cut the loan if it isn’t.
as i said these are just 10 examples, each one of them a massive opportunity, and i fully expect some of the most successful businesses to use ika and encrypt will be things we didn’t even think of
an entirely new design space just opened up on solana, with huge potential for hungry builders who want to be early and build something big
bridgeless capital markets
encrypted capital markets
the work doesn’t end until the best version of every possible business in crypto is built on solana
Encrypt is coming to Solana.
Fully homomorphic encryption for the Solana Virtual Machine. Applications that compute on encrypted data without ever decrypting it.
Encrypted Capital Markets.
Ika is coming to Solana.
Your Solana program can sign transactions on Bitcoin, Ethereum, and every other chain. Not through a bridge. Not through a relayer. Through cryptography.
Bridgeless Capital Markets.
One hundred rings for the L1's under the sky, five hundred for the altcoins in their halls of stone, ten thousand for meme coins doomed to die, one for the ZUD Lord on his dark throne in the land of IKA where the squid lie.
One Ring to rule them all, One Ring to find them, One Ring to bring them all and in the trustless realm, bind them in the land of IKA where the squid lie 🦑
@ikadotxyz
happy to announce @umiapp_ has officially completed its audit.
huge thank you to @ikadotxyz, @SuiNetwork, @MoveBit_ and everyone who’s supported us along the way.
security first. excited to finally start shipping. 🫡
there are mass graves across crypto
not people. NFTs.
millions of them. stuck on chains nobody uses anymore. in collections where the devs vanished overnight. the floor hit zero but the art is still pinned somewhere. the community still lurks in dead discords.
nobody built a way to bring them back. so we did.
@iamknownasfesal and I called it ika イカ because ika means squid in japanese and @ikadotxyz (IKA Network) is the cryptographic backbone that makes all of this possible
Tensei 転生 because these NFTs literally die on one chain and are reborn on another carrying their full identity
open source. go look at it.
https://t.co/sCbTNM7Sug
https://t.co/Wump7WBY51
🦑
intern used @ikadotxyz to build a project for the @solana graveyard hackathon, where any dead nft project on any chain can be CTOd back to life on solana and it’s actually pretty cool
honestly the bar is constantly raised by the illustrious @illuminfti