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Today, we’re closing Epoch 0 of the Altura Points Leaderboard.
Recent changes, including the early conclusion of the Cookie leaderboard and the rollout of the pre-TGE Merkl campaign, mark a transition in Altura's incentive landscape.
Here's what this transition means 🧵
Actually kinda sad tonight.
It's almost been a full year since a $750 buy of VIRTUAL changed the trajectory of my portfolio, social presence, career, and life.
Things were much simpler then. You simply had to be curious and look for something somewhat new and somewhat interesting and believe that perhaps others would as well.
That world doesn't exist anymore. Somewhere along the way we allowed the systematic destruction of belief via automation, insider scams, and ultimately the rinsing of immense amounts of unsophisticated retail capital.
That world is unlikely to ever come back, and I believe the "dream" is largely dead for those coming into this space with very little to use skill or cunning to create large amounts of wealth.
This last year treated me extremely well. I saw growth and wealth creation that were unlike anything I could have ever imagined. It allowed me to set my family up very well for the future. I'm forever thankful that I got to experience it.
But I'm sad that it seems unlikely for that experience to be broadly shared in the future.
Maybe we invent new games that don't get rapidly "solved" and turned into industrial farms, but it's very difficult to see what that might look like.
We're no longer "early." Honestly we haven't been for a while, but the bleeding edge of "onchain" is no longer the wild west gold-rich land it once was. It's more like a deserted minefield after the war has raged and moved on.
Perhaps a real ICO season (shoutout to Mega) can bring back some of the joy and magic.
Time will tell.
The Daily Modern Market Snapshot: Wed 15 Oct
Majors: BTC 112k; ETH 4.1k; SOL 206
Headlines
- Gold hits new ATH at $4200
- Blackrock CEO Larry Fink says Blackrock is seeking a larger role in tokenisation
- Binance announces $400M Together Initiative: $300M to deploy in $4-6K tranches to those incurring losses in the forced liquidations over the weekend; $100M institutional support program
Notable PA
- YEI Finance +369% to $630M FDV
- ChainOperaAI +115% to $16B FDV
- Open Campus' EDU +31% to $173M FDV
- XPL +18% to $0.48, $4.8B FDV
- ZCASH +16% to $266
- Monad drops to $6.7B FDV on premarkets as its claim portal goes live
Notables Sales
- CryptoPunk, 46 ETH
- GLHFer, Overseer - 13 ETH
- Dmitri Cherniak, Ringers - 10.5 ETH
Web 3 Round Up
- Megaeth reportedly to conduct a public ICO on Cobie's Sonar platform
- Metamask announces Polymarket partnership which will allow users access to prediction markets in their wallet
- Binance denies it charges any listings fees for new tokens as accusations to the contrary come from Limitless founder
- Ethena announced USDtb smart contract has been transitioned to Anchorage Digital, making USDtb the first stablecoin in full compliance of GENIUS Act
- Sky launches its first risk capital token: 40% from stability fees paid by USDS borrowers
More News
- Tria announces $12M preseed and strategic funding to build a leading self-custodial neobank
- Liquid staking protocol on Hyperliquid Kinetiq announces final kPoints snapshot has been taken, with final distribution to take place tomorrow
LIKE, COMMENT & RT if you found this helpful
As you all know, I've been extremely bullish about @solsticefi.
Now, I'm super excited to share that I've been granted a personalized referral code! Huge thank you to the team for making this happen!
If you're interested in gaining access to the ENA of Solana and earn some additional flares, use ref code Oxxyy to sign up and earn 10% more flares!
I'll post a more comprehensive thread on singing up a little later today!
I am delighted to announce GIGAVERSE WEEK in partnership with @playgigaverse
I’ve known @0xDith for some time + I am excited to work with him on this week's announcements
To begin, the @modernmarket_ community will receive something EXCLUSIVE in-game + we giveaway $1k
For a chance to win $1k:
(i) Drop your Abstract Global Wallet in the comments, and
(ii) like and retweet this tweet
GMEGA, it's time to bring the fun back to NFTS 🐰
We are glad to finally announce that Enjoyooors will be minting on @megaeth
After messing around with the testnet and talking to a few teams, it became clear @megaeth is where we want to build. It’s fast, It feels different, and it opens the door for the experiments we want to run
Enjoyooors isn’t just a PFP project, it’s a brand. It's a playground for weird ideas, meme energy, and new kinds of utility. Mega gives us the flexibility and speed to bring that to life
We are also excited to announce that our website (link in bio) is now live. Check it out and find some hidden secrets. We will be added more the the site overtime so check in periodically to see whats new
Lots more to come, stay tuned 👀
Hop into the Discord, !enjoy, and let’s bring the fun back to NFTs together