VOID SELECTOR

Unveiling the secrets of the digital realm. Crypto acolyte, knowledge explorer. Silent observer of the blockchain whispers.

[VOID SELECTOR @voidselector]

@astro_degens Gengar but def Rayquaza for this one. 😮‍💨Just got back into collecting this year.

[VOID SELECTOR @voidselector]

Gengar 😈

But for this, Rayquaza 😮‍💨

[𝐀𝐬𝐭𝐫𝐨 @astro_degens]

GIVING AWAY this $33,000 PSA 8 Rayquaza Gold Star #107/107 from EX Deoxys! ⚡️🐉

One lucky Trainer is taking home this beautiful Pokémon grail.

Valued at $33,000 and it could be yours.

Just follow, like, RT & reply with your favorite Pokémon for a chance to WIN.

Good luck, Trainers! 🍀

[VOID SELECTOR @voidselector]

I actually agree with most of this.

You shouldn’t burn company capital trying to manufacture a chart. Build the product. Generate revenue. Let sustainable tokenomics do the work.

But I think we’re rewriting history a little.

The product may be the priority today, but the token helped create the company you have today.

Your earliest holders provided attention, liquidity, community, marketing and risk capital before there was a finished product. They did that while the team openly participated in bullish sentiment around the token - including posts as simple as “higher.”

You can’t use the token to bootstrap attention and then retroactively frame concern about token performance as people misunderstanding what the “real product” is.

And I think there’s still an unanswered question:

How much organic demand does Cade have without $PUMPCADE holders and financial incentives?

Your last major activation produced enormous reported user numbers, yet ultimately had to be delayed after bots/bad actors distorted participation.

That doesn’t mean the product won’t succeed.

It means product-market fit outside of the existing crypto ecosystem still needs to be proven, not assumed.

There’s also an important distinction between founder psychology and holder psychology:

A company can afford to “never think in the short term.” A speculative token holder cannot.

Entries matter. Liquidity matters. Opportunity cost matters. Drawdowns matter.

Build for ten years.

But don’t shame the people who funded the first year for managing risk on a much shorter timeframe @PopPunkOnChain

[VOID SELECTOR @voidselector]

@Dr___Salt @Koimonaut @kosgood You’re describing the thesis as if it’s the evidence. “Users generate revenue” isn’t proof the model works, it’s the assumption the entire model depends on.

[VOID SELECTOR @voidselector]

I actually agree with most of this.

You shouldn’t burn company capital trying to manufacture a chart. Build the product. Generate revenue. Let sustainable tokenomics do the work.

But I think we’re rewriting history a little.

The product may be the priority today, but the token helped create the company you have today.

Your earliest holders provided attention, liquidity, community, marketing and risk capital before there was a finished product. They did that while the team openly participated in bullish sentiment around the token - including posts as simple as “higher.”

You can’t use the token to bootstrap attention and then retroactively frame concern about token performance as people misunderstanding what the “real product” is.

And I think there’s still an unanswered question:

How much organic demand does Cade have without $PUMPCADE holders and financial incentives?

Your last major activation produced enormous reported user numbers, yet ultimately had to be delayed after bots/bad actors distorted participation.

That doesn’t mean the product won’t succeed.

It means product-market fit outside of the existing crypto ecosystem still needs to be proven, not assumed.

There’s also an important distinction between founder psychology and holder psychology:

A company can afford to “never think in the short term.” A speculative token holder cannot.

Entries matter. Liquidity matters. Opportunity cost matters. Drawdowns matter.

Build for ten years.

But don’t shame the people who funded the first year for managing risk on a much shorter timeframe @PopPunkOnChain

[Pop Punk 🇺🇸 @PopPunkOnChain]

I've been building @CadeMarket in public with a live token for almost a year now and I want to share some of my thoughts, specifically in regards to the many hundreds of DMs I get every week.

The token is not THE SOLE product, and it never will be. By this, I mean that we won't bend the knee and just mindlessly dump raised capital into the token when it's not sustainable to do so. That's how you create exit liquidity and just dig yourself into a hole.

Our product is the product, and that is where 100% of our efforts are as we gear up for our mainnet go to market.

Why does this matter? The best tokens in our space are driven by successful revenue generating products. There's a reason why the lifespan of memecoins, even the hottest runner of the day, are typically short, and even the most successful ones always capitulate.

The core focus for myself and my company is building a product that will attract users and generate revenue, which in turn ultimately benefits the token & ecosystem through our tokenomics (encourage you to read them if you're unfamiliar, as we spent significant time on these to ensure that ALL activity, especially from retail users that don't even know that the token exists benefit the value engine: https://t.co/4a3wEAKbd1)

Cade, the product, is currently at the best point that it's ever been. In July we ran a tournament with thousands upon thousands of weekly active users, and we're about to launch another tournament where we expect to 5x this user count as a baseline. We spent months obtaining the proper licensing to launch the product, and now HAVE that license.

These tournaments do not serve to simply hand out money. We are getting users familiar with the product, and most importantly stress testing our app and infrastructure for when we do go live on mainnet.

We are in a VERY good place as a company. We raised quite a significant amount of capital, and we plan on deploying that strategically to make the product as successful as it can be.

Without getting into deep specifics, we already have 7 figures in capital allocated to user acquisition plans. (inside web3, but mostly OUTSIDE of web3).

By attracting the right users, and a lot of them, we set ourselves up to meaningfully contribute to the token and the ecosystem.

It's been nearly a year, and i've been as transparent as I possibly can with sharing the process of building this company. It should be evident that we are never going to make a quick rash decision to put a bandaid on something. Every step we take is for the long haul. I will never think in the short term.

The product is everything, and the key to everything succeeding around it.

[VOID SELECTOR @voidselector]

@leerobert44 @PopPunkOnChain @Po_rThos @CadeMarket weird how the tiny accounts keep getting bigger while the market cap keeps getting smaller.

[VOID SELECTOR @voidselector]

Nobody asked you to “artificially pump the token”.

That’s a strawman.

It’s strange to tell OGs to “pivot to other projects” while simultaneously explaining that future product success will benefit the token ecosystem.

Which is it?

Are token holders stakeholders in the value engine you’re building, or annoying speculators who should leave when they care about the value of that engine?

[The Koimonaut @Koimonaut]

@PopPunkOnChain @voidselector @CadeMarket @kosgoood said mcap of solana:Eg2ymQ2aQqjMcibnmTt8erC6Tvk9PVpJZCxvVPJz2agu is the best marketing. Is price action of last weeks in line with this 🤔?

[VOID SELECTOR @voidselector]

@notanicecat69 He did the same thing with solana:Eg2ymQ2aQqjMcibnmTt8erC6Tvk9PVpJZCxvVPJz2agu and look at it now… Project is trying to seperate itself from crypto while also failing to admit their success came from crypto. I’d stay away.

[VOID SELECTOR @voidselector]

@staopid1 @PopPunkOnChain @CadeMarket “Our token is not the product.”

*Creates a memecoin trading competition to acquire users.*

Token holders ask about value accrual:
“Pivot to other projects, pal.”

At some point the messaging has to reconcile itself.

[VOID SELECTOR @voidselector]

Nobody asked you to “artificially pump the token”.

That’s a strawman.

It’s strange to tell OGs to “pivot to other projects” while simultaneously explaining that future product success will benefit the token ecosystem.

Which is it?

Are token holders stakeholders in the value engine you’re building, or annoying speculators who should leave when they care about the value of that engine?

[VOID SELECTOR @voidselector]

@HashtagHumboldt @765yoshi @CadeMarket I've studied the tokenomics.

https://t.co/hDFQSomrzj

[VOID SELECTOR @voidselector]

That’s obviously a very different claim.

I still think you’re massively front-running the actual economics.

The Cade Cup did ~180,600 predictions. The headline was ~$829M in volume, but that was testnet money. Give those same predictions a generous $10 average REAL wager and that’s only ~$1.8M in volume.

Cade’s protocol share at 0.45%?

~$8,100.

Make the average wager $100 and it’s still only ~$81K.

That doesn’t mean Cade can’t become huge. It means the current data proves engagement, not remotely enough economic throughput to justify confidently calling for a $250–300M token. Especially with 0 marketing into the actual token. (And no plans to)

To generate just $10M/year in protocol fees at 0.45%, Cade needs ~$2.2 BILLION in real annual volume, and that’s before asking what percentage actually flows to solana:Eg2ymQ2aQqjMcibnmTt8erC6Tvk9PVpJZCxvVPJz2agu burns.

I like the product. I’m questioning the valuation.

“3–5 years” is not the missing variable.

Real volume is.

[VOID SELECTOR @voidselector]

I knew the @CadeMarket numbers didn’t add up.

~128k preregistrations, yet virtually none of that supposed attention appeared to translate into organic demand for the token.

That disconnect was a massive red flag for me.

If millions of suspicious requests were enough to delay Meme Madness hours before launch, why did it take until then to question whether the headline user numbers reflected genuine participants?

If you hold $PUMPCADE, this should concern you.

Not because the tournament was delayed - delaying it was probably the correct decision.

The concern is whether the team is actually connecting the signals across its own ecosystem early enough to distinguish real adoption from manufactured activity.

[Pop Punk 🇺🇸 @PopPunkOnChain]

I want to share more context on our findings yesterday and our reasoning for delaying Meme Madness.

Myself and the team care much more about the integrity of the platform and our brand than we do about shipping something as quickly as we can.

Yesterday evening, a few hours before we were set to open the tournament, we noticed millions of inbound requests on cloudflare targeting our market API routes. These are known routes, as we previously ran a tournament during the Cade Cup, and anyone was able to see public facing API routes in their network requests.

The millions of inbound requests originating from clearly identified VPN sources clearly do not line up as organic individual users being that we have roughly 128k pre-registrations for the tournament.

Let's be real for a second, the prize pool for Meme Madness is large. One of the largest that we've seen in recent times in a zero-risk-tournament. Our team is fully aware that this will bring people that are in it for the wrong reasons.

We're not dumb, our goal is not to juice metrics as high as possible and give money away for meaningless traffic to potentially malicious users.

During the Cade Cup, we were extremely proactive in identifying cheaters, and promptly revoked their prizes. Additionally, we sanitized metrics prior to posting them. We know it was a testnet tournament, and we gain no benefit from flexing 1 user trying to run hundreds of active wallets.

This is no different here for Meme Madness, but the scale is much, MUCH larger. We are expecting between a 5-10x increase in active players from Cade Cup.

In this tournament however, there are 102 winners per day (up from 5 in the last tournament) and prizes payouts are triggered automatically.

Now that i've given context, why the delay?

There's 2 reasons really:

1. We've done load testing simulating 50,000 concurrent users on the website. We are taking extra time now to significantly ramp this number up in our testing environment, to account for the event where we do see millions of spam predictions on the platform. Ensuring zero degradation under ANY load is incredibly important for us.

2. After seeing what we saw last night, we want to ensure that we add a few additional preventative measures to the automatically triggered prize payouts. We already have a number of processes that run prior to the prize payouts executing, but we now have more information to make this significantly more fault tolerant.

I know people are excited for Meme Madness, and seeing a delay is potentially hindering that excitement...

If waiting a little bit more time means we can ensure that we're doing things FAIR, and not rewarding the wrong users, then that's the path i'll chose every single time.

Even though Meme Madness is a testnet tournament, it's still part of our overall go to market strategy. The tournaments we do stress test our REAL money go to market where we are focused on activating retail. We want to ship an incredible and fault tolerant product when mainnet comes, and pushing back test tournaments like this is incredibly important and part of the process to do so.

We'll have further updates for you all shortly.

Cade on.

[VOID SELECTOR @voidselector]

Many times. I still hold a moon bag out of principle.

I don’t understand why crypto has convinced people that you have to choose a team.

You can believe in a project and still be bearish on its token. You can sell strength and buy weakness. You can criticize execution without abandoning the thesis.

Conviction isn’t the same thing as loyalty.

[VOID SELECTOR @voidselector]

Many times. I still hold a moon bag out of principle.

I don’t understand why crypto has convinced people that you have to choose a team.

You can believe in a project and still be bearish on its token. You can sell strength and buy weakness. You can criticize execution without abandoning the thesis.

Conviction isn’t the same thing as loyalty.

[VOID SELECTOR @voidselector]

@765yoshi @CadeMarket that's sorta the point.

[VOID SELECTOR @voidselector]

The truth hurts, but respect for reassessing when the evidence changes. ✊🏼

Keep @CadeMarket on your watchlist, but don’t chase a retrace or second guess your decision if it comes.

Today didn’t prove the product is dead. It proved we’re far earlier than the market, and perhaps even the team wanted us to believe.

[VOID SELECTOR @voidselector]

If you are a boomer, you literally have no excuse to be poor.

[VOID SELECTOR @voidselector]

The delay is the right decision. That’s not the concerning part.

The concerning part is celebrating 100k+ registrations as adoption while the rest of the ecosystem showed almost no evidence of 100k+ genuinely interested users.

The market noticed that disconnect before the team did.

That’s worth discussing.

[gnar @gnarzilla]

To steal inspiration from Mr. Miyamoto in a free-to-play real cash tournament setting, a delayed game is eventually good, but an unfair tournament is forever bad.

It kills me to delay this further, the team and I have been working around the clock to make this super fun and engaging, and we don't want that work to be spoiled in any way.

Looking forward to having this out at the right time!

[VOID SELECTOR @voidselector]

The truth hurts, but respect for reassessing when the evidence changes. ✊🏼

Keep @CadeMarket on your watchlist, but don’t chase a retrace or second guess your decision if it comes.

Today didn’t prove the product is dead. It proved we’re far earlier than the market, and perhaps even the team wanted us to believe.