now that the buzz is about building more consumer apps instead of infra, thought of revisiting this piece regarding the app -> infra cycle
worth a read (or reread)
https://news.1rj.ru/str/cryptomumbles/3510
worth a read (or reread)
https://news.1rj.ru/str/cryptomumbles/3510
Telegram
Crypto Mumbles
breakout apps lead to infra
the cycle goes as follows:
app->infra->app->infra->app (and so on)
the fat protocol, thin app thesis of crypto has led to many developers racing to build the next infra
but instead apps should be focused on first as they inspire…
the cycle goes as follows:
app->infra->app->infra->app (and so on)
the fat protocol, thin app thesis of crypto has led to many developers racing to build the next infra
but instead apps should be focused on first as they inspire…
Crypto Mumbles
now that the buzz is about building more consumer apps instead of infra, thought of revisiting this piece regarding the app -> infra cycle worth a read (or reread) https://news.1rj.ru/str/cryptomumbles/3510
a short piece on apps vs. infrastructure
#reads
https://medium.com/@dpycm/apps-v-infrastructure-19f4a4e80ee3
https://x.com/dpycm/status/1705244090928111837?s=20
#reads
https://medium.com/@dpycm/apps-v-infrastructure-19f4a4e80ee3
https://x.com/dpycm/status/1705244090928111837?s=20
Medium
Apps vs. Infrastructure
The never-ending cycle of innovation
MMs v tokenholders
https://twitter.com/DumpWatcher/status/1705074998262784479?t=d_aia_SEwU5cS0V6UjaL9Q&s=19
https://twitter.com/DumpWatcher/status/1705074998262784479?t=d_aia_SEwU5cS0V6UjaL9Q&s=19
X (formerly Twitter)
Dump Watcher on X
Why do most altcoins trend to zero?
Because the deal between MM and project teams works against tokenholders
A thread on how MM dump on you
Please like & follow for more 🧵 content by @DumpWatcher
👇🏼
Because the deal between MM and project teams works against tokenholders
A thread on how MM dump on you
Please like & follow for more 🧵 content by @DumpWatcher
👇🏼
base (hypothetical) airdrop dashboard
https://twitter.com/0xnouveau/status/1705301461998108766
dashboard:
https://dune.com/0xnouveau/base-airdrop-rankings-arbitrum-style
#resource
https://twitter.com/0xnouveau/status/1705301461998108766
dashboard:
https://dune.com/0xnouveau/base-airdrop-rankings-arbitrum-style
#resource
X (formerly Twitter)
Nouveau on X
https://t.co/3B2CQt2N2m
just spun up my first ever @DuneAnalytics dashboard for a @BuildOnBase airdrop simulation, dedicating it to @defi_mochi for getting me into the Dune/onchain data game a month or so ago
adding my thoughts on the probability of $BASE…
just spun up my first ever @DuneAnalytics dashboard for a @BuildOnBase airdrop simulation, dedicating it to @defi_mochi for getting me into the Dune/onchain data game a month or so ago
adding my thoughts on the probability of $BASE…
some ft codes for those not in yet:
ft-8f5wbr31
ft-7jm8jnvg
ft-475vzu8o
ft-m69uy8t2
ft-fdj7e41q
ft-dmvsi0nj
ft-8f5wbr31
ft-7jm8jnvg
ft-475vzu8o
ft-m69uy8t2
ft-fdj7e41q
ft-dmvsi0nj
Crypto Mumbles
https://twitter.com/0xMantle/status/1696519276172292259?s=20
just claimed my whitelist spot for the Citizens of Mantle NFT mint
if you've applied previously when I sent the Mantle Journey event,
check your email or here:
https://journey.mantle.xyz/en/whitelist
edit: claiming your whitelist spot is time sensitive**
if you've applied previously when I sent the Mantle Journey event,
check your email or here:
https://journey.mantle.xyz/en/whitelist
edit: claiming your whitelist spot is time sensitive**
some sunday thoughts:
now that Base has taken a step back from denying a token
imo this strengthens the thesis for FT and BasedMarkets aka greater asymmetric risk
(my post on basedmarkets here)
interacting w either projects count as interactions w Base chain and imo if Base really were to launch a token, i expect Q4 '24 earliest
FT:
over the past week I saw some 3,3s crumbling, with people starting to take profits in bid to front run the 3,3 collapse. this was especially so after the points dilution, making some users decide that it wasn't worth it anymore. some big account keys dipped heavily, but are slowly recovering from the sell-off.
after the most recent point distribution on friday, we see that self-buys got nerfed and users are happy again. this rekindled the 3,3 meta as the optimal way to earn points now would be to buy and hold others instead of buying yourself. some small accounts that I bought have started 3,3-ing more aggressively by selling off self-buys and buying others more.
TVL has also started recovering from the slight dip which seemed much more drastic on the app and sentiments. it also proved to me the stickiness of TVL here which could be attributed to multiple factors: airdrop points, buy/sell tax, genuine enjoyment of chatrooms, and more.
on my CT it seems that the FT conviction is still continuing to grow with KOLs pushing the narrative (echo chamber on my side?)
example 1
example 2
we've seen how 3,3s can crumble in past examples like ohm and we've caught a small snippet of it in the recent FT sell-off.
my belief is that 3,3s will always crumble in time because I'm long the thesis that human greed > greater good (sad take on mankind i know). however, i don't think FT's 3,3 will collapse that soon given recent unfolding of events.
wen collapse? i don't have an answer for that, but current guesses would lie closer to the end of the 6 months points farming.
it is important to note that when the collapse happens, the window to exit is VERY small. the unwinding will be extremely quick as people head for the front door, starting from their most expensive keys first. good on influencers tho, since they'll be reaping all the trading fees.
small degen play that i'm in right now:
if FT continues being the star of the space rn, the next spike in FT TVL won't trigger a socialfi narrative, but a FT narrative. wdym?
FT narrative would be projects built on FT pumping, especially those with a working product and a good team.
$FGATE is my small side bet if that happens. been following the project for awhile and the devs keep delivering. partnerships to onboard big ft accounts incoming with more product features like portfolio manager as well. it is not a competitor like friendbook was, but a complement to the features of FT. seems reasonable for FT to embrace it.
(prev post on $FGATE here)
posted about this yesterday -
https://x.com/dpycm/status/1705285187645722842?s=20
happy sunday all 🤝
now that Base has taken a step back from denying a token
imo this strengthens the thesis for FT and BasedMarkets aka greater asymmetric risk
(my post on basedmarkets here)
interacting w either projects count as interactions w Base chain and imo if Base really were to launch a token, i expect Q4 '24 earliest
FT:
over the past week I saw some 3,3s crumbling, with people starting to take profits in bid to front run the 3,3 collapse. this was especially so after the points dilution, making some users decide that it wasn't worth it anymore. some big account keys dipped heavily, but are slowly recovering from the sell-off.
after the most recent point distribution on friday, we see that self-buys got nerfed and users are happy again. this rekindled the 3,3 meta as the optimal way to earn points now would be to buy and hold others instead of buying yourself. some small accounts that I bought have started 3,3-ing more aggressively by selling off self-buys and buying others more.
TVL has also started recovering from the slight dip which seemed much more drastic on the app and sentiments. it also proved to me the stickiness of TVL here which could be attributed to multiple factors: airdrop points, buy/sell tax, genuine enjoyment of chatrooms, and more.
on my CT it seems that the FT conviction is still continuing to grow with KOLs pushing the narrative (echo chamber on my side?)
example 1
example 2
we've seen how 3,3s can crumble in past examples like ohm and we've caught a small snippet of it in the recent FT sell-off.
my belief is that 3,3s will always crumble in time because I'm long the thesis that human greed > greater good (sad take on mankind i know). however, i don't think FT's 3,3 will collapse that soon given recent unfolding of events.
wen collapse? i don't have an answer for that, but current guesses would lie closer to the end of the 6 months points farming.
it is important to note that when the collapse happens, the window to exit is VERY small. the unwinding will be extremely quick as people head for the front door, starting from their most expensive keys first. good on influencers tho, since they'll be reaping all the trading fees.
small degen play that i'm in right now:
if FT continues being the star of the space rn, the next spike in FT TVL won't trigger a socialfi narrative, but a FT narrative. wdym?
FT narrative would be projects built on FT pumping, especially those with a working product and a good team.
$FGATE is my small side bet if that happens. been following the project for awhile and the devs keep delivering. partnerships to onboard big ft accounts incoming with more product features like portfolio manager as well. it is not a competitor like friendbook was, but a complement to the features of FT. seems reasonable for FT to embrace it.
(prev post on $FGATE here)
posted about this yesterday -
https://x.com/dpycm/status/1705285187645722842?s=20
happy sunday all 🤝
The Next Frontier of Blockchain Performance: Beyond Ethereum and Bitcoin
https://www.frictionless.fund/the-next-frontier-of-blockchain-performance/
https://www.frictionless.fund/the-next-frontier-of-blockchain-performance/
just joined https://app.fan.tech , an FT clone on Mantle chain
first look, clean and smooth ui, better than the current states of FT and PT
first 10 shares are sold in an auction format, so sniping will not be possible on fan tech
algo is more forgiving for smaller accounts, giving them visibility on explore pages
search functions work better than FT/PT as well
joined to gain some exposure, possible mantle journey and $FAN airdrop farming while being on this app
if you’d like to join me:
fan-turn-frozen-episode
fan-other-marble-woman
fan-child-vanish-twelve
fan-goose-tunnel-neglect
fan-toy-idea-keep
fan-across-stage-upgrade
fan-profit-champion-change
fan-fan-market-add
fan-chat-much-mutual
fan-fork-capital-public
seeya there if you’re on it 🤝🏼
first look, clean and smooth ui, better than the current states of FT and PT
first 10 shares are sold in an auction format, so sniping will not be possible on fan tech
algo is more forgiving for smaller accounts, giving them visibility on explore pages
search functions work better than FT/PT as well
joined to gain some exposure, possible mantle journey and $FAN airdrop farming while being on this app
if you’d like to join me:
fan-turn-frozen-episode
fan-other-marble-woman
fan-child-vanish-twelve
fan-goose-tunnel-neglect
fan-toy-idea-keep
fan-across-stage-upgrade
fan-profit-champion-change
fan-fan-market-add
fan-chat-much-mutual
fan-fork-capital-public
seeya there if you’re on it 🤝🏼