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🎉 I’m thrilled to announce that I’ve accepted a new position:

Director of Engineering, Core Developer Web, at Google.

I’ll be leading the Web Infrastructure teams that power all Google apps including OSS efforts like Angular.

My Notes:

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🎉 I’m thrilled to announce that I’ve accepted a new position:

Director of Engineering, Core Developer Web, at Google.

I’ll be leading the Web Infrastructure teams that power all Google apps including OSS efforts like Angular.

if you’d like to learn about Web3 and immerse yourself in the culture, ive acquired 3 extra slots for this reading/discussion group — would like to give them to LGBTQIA people or other underrepresented people in this space

reply below or DM me, and I’ll give them out in a bit

g.mirror.xyz @strangechancesWe're crowdfunding a DAO for collaboratively learning about crypto's impact on culture and society. It begins as reading & discussion groups, lead by prominent voices. The DAO will also produce research for a publication on Mirror. Details below?
twitter.com

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Dame.eth

if you’d like to learn about Web3 and immerse yourself in the culture, ive acquired 3 extra slots for this reading/discussion group — would like to give them to LGBTQIA people or other underrepresented people in this space

reply below or DM me, and I’ll give them out in a bit

Let’s start a thread of problems to solve…

What challenge do you face in life or work that’s sufficiently problematic?

The more specific and unique the better.

My Notes:

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Ryan Hoover

Let’s start a thread of problems to solve…

What challenge do you face in life or work that’s sufficiently problematic?

The more specific and unique the better.

you share, we listen. that’s why we’ve updated the end screen on web for when a Space is over! before, the Space end card didn’t give you all the details.

now you’ll see important info from the Space—like title, host, and speakers. tell us what you think!

My Notes:

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you share, we listen. that’s why we’ve updated the end screen on web for when a Space is over! before, the Space end card didn’t give you all the details.

now you’ll see important info from the Space—like title, host, and speakers. tell us what you think!

We’re proud of what we’ve achieved with Ray-Ban Stories and what we integrated into the most iconic glasses design in the world. Together with EssilorLuxottica, we focused on the design and only after that added the technology we believed would be most useful to people.

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0:000:00

We’re proud of what we’ve achieved with Ray-Ban Stories and what we integrated into the most iconic glasses design in the world. Together with EssilorLuxottica, we focused on the design and only after that added the technology we believed would be most useful to people.

Read Thread
IT'S HERE! 💡 DAOs - The New Coordination Frontier 🚂 A Comprehensive Report on DAO Creators Curated By @GitcoinDAO @banklessDAO 🤖❤️ Click here to read it https://bit.ly/DAOCreatorReport
Key Takeaway 1 DAOs are here today. DAOs are a worldwide trend & an emerging part of the Ethereum ecosystem. It’s happening! DAOs are already enabling dense p2p networks of value exchange & participation.
Key Takeaway 2 There is a decentralize ecosystem of DAO types, tools, and engagement patterns in the DAO ecosystem.
Key Takeaway 3 Crypto is very geographically diverse. A diversity of skillsets was represented in the survey results. Age + Gender diversity is a big problem. A majority of respondents to our survey were 20-40 year old males.
Key Takeaway 4 DAO Fatigue is real for a minority of highly engaged participants. Most survey respondents were in 1-2 DAOs, but for the minority who were in 3-6 DAOs, feeling pulled in many directions was a real problem. Meaningful participation cannot be had beyond 2 DAOs.
Key Takeaway 5. There are a few key levels of abstraction in the DAO ecosystem in composable bites: - L1 ecosystem. - DAO - Creator
Key Takeaways 6-9 👇👇👇👇
Key Takeaways 10-12 👇👇👇👇
Thanks to @frogmonkee @paulapivat for being my ride or die co-authors on this. Click here to read the whole report https://bit.ly/DAOCreatorReport
Want to give back? Bid on the 1 of 1 NFT for this DAO Creator Report today: - Get your featured logo in the report. - Show that you value data-journalism. - Support public goods in the Ethereum ecosystem (all proceeds => Gitcoin Grants). - Be a 👑 https://opensea.io/collection/daos-coordination-frontier /f

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Ξwoki GITΞR of COINS🤖🌱☀️

imagine an alternate timeline where everyone just gets you

say hi to Communities—the place to connect with people who Tweet like you. testing now on iOS and web, Android soon!

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0:000:00

imagine an alternate timeline where everyone just gets you

say hi to Communities—the place to connect with people who Tweet like you. testing now on iOS and web, Android soon!

1/3 Some personal news ✨

I’ve joined @a16z crypto as a partner on the investment team!

My Notes:

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Jane Lippencott

1/3 Some personal news ✨

I’ve joined @a16z crypto as a partner on the investment team!

Read Thread
1/ Some really sketchy behavior coming out of the SEC recently. Story time…
2/ Millions of crypto holders have been earning yield on their assets over the last few years. It makes sense, if you want to lend out your funds, you can earn a return. Everyone seems happy.
3/ A bunch of great companies in crypto have been offering versions of this for years. Coinbase came out recently and said we would be launching our own version.
4/ We were planning to go live in a few weeks, so we reached out to the SEC to give them a friendly heads up and briefing https://blog.coinbase.com/sign-up-to-earn-4-apy-on-usd-coin-with-coinbase-cdad79e5f5eb
5/ They responded by telling us this lend feature is a security. Ok - seems strange, how can lending be a security? So we ask the SEC to help us understand and share their view. We always make an effort to work proactively with regulators, and keep an open mind.
6/ They refuse to tell us why they think it's a security, and instead subpoena a bunch of records from us (we comply), demand testimony from our employees (we comply), and then tell us they will be suing us if we proceed to launch, with zero explanation as to why.
7/ Look….we're committed to following the law. Sometimes the law is unclear. So if the SEC wants to publish guidance, we are also happy to follow that (it's nice if you actually enforce it evenly across the industry equally btw).
8/ But in this case they are refusing to offer any opinion in writing to the industry on what should be allowed and why, and instead are engaging in intimidation tactics behind closed doors. Whatever their theory is here, it feels like a reach/land grab vs other regulators.
9/ Meanwhile, plenty of other crypto companies continue to offer a lend feature, but Coinbase is somehow not allowed to.
10/ Gensler in his confirmation hearing: “It’s important for the SEC to provide guidance and clarity,” Gensler said. “Sometimes that’s a clarity that will be a thumbs up, but even if it’s thumbs down, it’s important to provide that.” March 2, 2021
11/ If you don't want this activity, then simply publish your position, in writing, and enforce it evenly across the industry.
12/ Ostensibly the SEC's goal is to protect investors and create fair markets. So who are they protecting here and where is the harm? People seem pretty happy to be earning yield on these various products, across lots of other crypto companies.
13/ Shutting these down would arguably be harming consumers more than protecting them, and by preventing Coinbase from launching the same thing that other companies already have live, they're creating an unfair market.
14/ In May of this year I traveled to DC to meet with every regulator and branch of government I could.
15/ The SEC was the only regulator that refused to meet with me, saying "we're not meeting with any crypto companies". This was right after we became the first crypto company to go public in the U.S.
Brian Armstrong @brian_armstrong1/ I spent most of this week in DC meeting with members of Congress and heads of various federal agencies, along with @RonConway @katie_haun and @iampaulgrewal. twitter.com
16/ Gensler had been confirmed just a month prior, so I brushed it off as the SEC still getting its feet under it. Now I'm not so sure.
17/ We've always tried to be good actors in the space - leaning in to sensible regulation even when it is difficult or expensive. We try to think about what products we would want for ourselves, and what risks we would want our families to be aware of, before launching products.
18/ We will keep following this approach.
19/ Yet here, we're being threatened with legal action before a single bit of actual guidance has been given to the industry on these products.
20/ If we end up in court we may finally get the regulatory clarity the SEC refuses to provide. But regulation by litigation should be the last resort for the SEC, not the first.
21/ Our door remains open. Hopefully the SEC steps up to create the clarity this industry deserves, without harming consumers and companies in the process. America could really use us all working together to figure this out right now.

My Notes:

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Brian Armstrong

Who consistently tweets the most insightful + humorous commentary on tech?

Bonus points if they have fewer than 10K followers.

My Notes:

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Ryan Hoover

Who consistently tweets the most insightful + humorous commentary on tech?

Bonus points if they have fewer than 10K followers.

introducing lifeforms! Lifeforms are NFT-based entities that, like any living thing, lifeforms need regular care in order to thrive. If not properly looked after, lifeforms die
https://lifeforms.supply/

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introducing lifeforms! Lifeforms are NFT-based entities that, like any living thing, lifeforms need regular care in order to thrive. If not properly looked after, lifeforms die
https://lifeforms.supply/

Introducing Lootmart™ a collab with @rvorias & @lootproject

1. Connect wallet
2. Unbundle your Loot Bag into individual ERC 1155 Loot items
3. Trade your Loot items to upgrade your adventurer
4. Dominate the metaverse

My Notes:

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Introducing Lootmart™ a collab with @rvorias & @lootproject

1. Connect wallet
2. Unbundle your Loot Bag into individual ERC 1155 Loot items
3. Trade your Loot items to upgrade your adventurer
4. Dominate the metaverse

Read Thread
24/ Right Click Save As Every non-NFT person's first "gotcha" move when learning about NFTs - demonstrating their vast technical capacity to download an image from a web browser. Civilian: "I Right Click Saved 6529 and now it is my PFP" 6529: "Go right ahead"
25/ This is the way A way to commend socially positive behavior "She never shilled her project" "This is the way"
26/ Floor Price The lowest available asking price on OpenSea / Larvalabs/etc either for a collection as a whole or for a subset of the collection. "Golden Snails have hit a 3ETH Floor, but Golden Snail Nerd Glasses are 12ETH floor this morning"
27/ OG OG means original gangster. First become popular through 1990s hiphop, the super-Lindy term just flows through community after community. It means the folks who were here early and earned respect. "He is an OG punk holder"
28/ Alpha Alpha is a term from the investing/hedge fund community representing the outperformance generated by the skill of the asset manager vs beta (the market's performance). Most people's alpha IRL and in crypto is beta in disguise. "She dropping serious alpha today"
29/ Its Money Laundering This is meant to suggest that NFT prices are not real because people are using NFTs to money launder. The exact mechanism of how this works in highly liquid markets is never described. This is a specific form of IRL and crypto twitter coping about NFTs
30/ JPGs JPGs refers to our NFTs that might be JPGs or GIFs or PNGs or audio files or video files or computer games. It is reclaiming a cope/insult for the community given many normies think "but you are just buying JPGs, are you mad?" "They will never steal our JPGs"
31/ Delist Delist your NFTs from Opensea (no longer offer them for sale) because prices are rising rapidly and they might get sold and market expectations of their value has changed. "Golden Snail 5ETH floor. Delist!" Also related to: "Hide your JPGs"
32/ Discord A messaging platform heavily used by NFT twitter for NFT project communities. Discord is all of: a) useful b) overwhelming c) full of scammers d) will eat all your CPU cycles e) default set to annoy everyone within miles with notification beeps
33/ Roadmap The set of activities an NFT project (usually PFP) will plan to do to add value to a community. Roadmaps are viewed as desirable in PFP projects and insulting to ask for in art projects. Needs some care to not accidentally violate securities laws
34/ LFG Let's F***ing Go. Used when you are excited about something. Best used with rocket emojis. "New Golden Snail mint. LFG 🚀🚀🚀"
35/ Few Few is short for "few understand". Like "probably nothing" it is polite FOMO. "MOMA bought a punk. Few"
36/ Gas or Gas Wars The state of chaos that ensues when all of NFT twitter tries to mint the same project at once, driving up gas prices for the whole Ethereum network. The hardest unsolved problem in computer science - there is a Nobel Prize in this for someone.
37/ Ded Ded is short for dead. Also, see "deceased" "I sold my Fidenza for 5ETH. I am deceased."
38/ Rug Rug is short for rug pulled. It came from Crypto Twitter and particularly DeFi where a lot of projects pumped and dumped on retail. Not 100% sure if rugs as a concept make sense in the context of JPGs, but it is used for devs who run away from their project +/-
39/ IYKYK If You Know, You Know This is, like "few", a polite form of FOMO in most, but not all usages. "MOMA bought a punk. IYKYK"
40/ Derivatives Projects derived from the original project, first popularized with a wide variety of "alternative" punks. The intelligent view on derivatives is that they are fine, enhance the brand of the original and everyone should stay cool about them.
41/ Noob/Pleb Newbie and Plebian. The opposite of OG. The polite way to use these terms is only about yourself. "6529 is such a noob. I can't believe I forgot to mint the Golden Snail"
42/ Seems legit "Seems legitimate" in other words, the project looks serious and potentially with good prospects. Can be used straight or ironically about a project's prospects "I am launching Baby Fast Food Golden Snails on Solana" "Seems legit"
43/ Meatspace Another term for "IRL". That vaguely annoying reality where the laws of physics and biology apply. Not highly recommended. "Meatspace issues today. Car tire blew out"
44/ Buying on secondary When you fail to mint a project and have to buy on opensea. Comes from finance world - primary stock sales are directly from company; secondary is what you trade day to day. Almost all action is secondary. "Missed the mint, gotta buy on secondary"
45/ Schelling Point A game theory term people believe applies to NFTs (and BTC) Specifically that certain NFTs will become stores of value and, as such, become more of a store of value, storing more and more value in those NFTs See: Up Only https://en.wikipedia.org/wiki/Focal_point_(game_theory)
46/ Up Only (updated with correct provenance) Up Only (see earlier in thread) now correctly credited to @Cryptopathic. I knew/forgot that. Must be getting old in meatspace.
path.eth 🛡️ @Cryptopathicup only twitter.com
47/ Wen moon? This one comes from CryptoTwitter and refers to the price of your NFT ascending to the moon which is very far away Less popular in NFT Twitter because we are a bit less financial over here. Used more ironically. "6529 x Golden Snail collab" "Wen moon, ser?"
48/ Valhalla An enormous hall where dead Vikings party alongside people with valuable NFTs. See also: Heaven "6529 is either ascending to Valhalla or heading to McDonald's" https://en.wikipedia.org/wiki/Valhalla
49/ DYOR DYOR means Do Your Own Research The person telling you this is (correctly) disclaiming responsibility re the question of if an NFT is right or wrong for you "I aped Golden Snail, but DYOR"
50/ Aped This one has come straight from Crypto Twitter. It means "take on a large position relative to one's own portfolio size" Apes have a strong NFT history - first, the famous 24 ape punks and then with Bored Ape Yacht Club. "I aped Golden Snail, but DYOR"
51/ NFA NFA means "Not Financial Advice". It is related to DYOR. Again, someone shares an idea, but your job to decide if it is for you. "I aped Golden Snail. NFA"
52/ This is the way (continued) A bit advanced for today's lesson, but yes, 6529 will allow
Suki @SukiEditions@punk6529 Also a daoist mantra inspired by a cryptic sci-fi cult twitter.com
53/ Mam Mam is short for "Ma'am" Like Ser, this is also a respectful way to introduce or share an alternative point of view "Mam, I prefer my Golden Snail"
54/ Degen Degen is short for Degenerate, meaning taking unreasonably high trading risks "All non-Degen trading punished in Up Only 1:1 szn. Few. LFG 🚀🚀🚀. NFA. DYOR."
55/ Maxi Derived from Bitcoin Maximalist. The belief that your crypto-chain is above all the best It has now made it to NFTs. "he is a punks maxi. missed BAYC. coping hard"
56/ Salt Salt, as in salty, as in your tears, when you are coping. "Golden Snail is just a rug. 6529 shilling all day" "So much salt"
57/ Love to See it / Hate to See It These can have their normal English meaning or the opposite. DYOR! "Her NFT made the MOMA. Love to see it" "Celeb cash grab project site down. Hate to see it"
58/ Rekt Rekt is short for wrecked, for when the state of your portfolio looks like a car crash. This is not desirable, but often unavoidable. "Got rekt trying to go short the Golden Snail. NGMI"
59/ DAO Decentralized Autonomous Organization. Smart contracts with their own tokens and governance that own assets and take actions. Endless potential, but 👀for the SEC "I am launching my hoodie nerd glasses DAO next week"
60/ OK Boomer Something you can say to anyone more than 22 years old whose opinion you disagree with. "The Golden Snail is not real art" "OK Boomer, NGMI"
61/ They When you don't know the gender of the anon character you are interacting with. "Love coolcat5434. They are a great collector"
62/ "I see what you did there" When you note a smooth move from one of friends, competitors and collaborators in the metaverse. A mark of respect mostly Self-contained, does not require a sentence.
62/ Shilling Being annoying loud about getting people to buy your art or buy your bags. Or trying to generate FOMO among others. Don't do it. Nobody likes it. "Here goes he goes again shilling the Silver Snail"
63/ Your Bags Your bags, like 6529's suitcase before a long trip, are heavy. They are heavy because you packed too many NFTs in them and you are now are trapped in an illiquid position. [Record scratch, 3 days earlier] "Bags packed on the Silver Snail! LFG!!! 🚀🚀🚀"
64/ Sweep the Floor The act of sweeping all the floor (lowest) priced NFTs in a collection into your wallet. Often the step before discovering your bags are too heavy. "Just swept the floor on the Silver Snail!"
65/ FUD Fear, Uncertainty and Doubt. An old sales trick, most commonly attributed to Microsoft in the 1990s. Here it is repurposes for price predictions, namely to complain that they are too low. "2,500 ETH floor for Fidenzas in 2025 is FUD"
66/ GOAT 🐐 Greatest of All Time. Pure respect and homage. "He is the🐐Golden Snail trader"
67/ Gang Gang Nobody can explain it well. Basically frens with the same JPGs as you, but I am not thrilled with my explanation either. "Gang gang"

My Notes:

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6529
Read Thread
𒄭/𒐦 FNTN tier 𒐤 dropping tonite at 9PM EST 🚨🚨🚽🔨🚨🚨 20 large, unique shards available in a 24h auction on @opensea with a 0.666 ETH reserve (<1/7th of current floor price) details threaded below @Blockparty ➡️ https://opensea.io/collection/fntn?collectionSlug=fntn&search[sortAscending]=false&search[sortBy]=LISTING_DATE&search[toggles][0]=ON_AUCTION
0:000:00
𒐣/𒐦 shards 30-11 are all up for viewing at http://instagram.com/shl0ms these tier 𒐤 shards stand on their own as elegant, abstract sculpture this is the 2nd-to-last FNTN drop; some more context on the project for the uninitiated:
𒐪𒐪𒐪𒐪 𒐪𒐪𒐪𒐪 𒐪𒐪𒐪𒐪 𒐪𒐪𒐪𒐪 𒐪𒐪𒐪𒐪🚽🔨 @SHL0MS𒄭/𒐨 beyond excited to announce that FNTN, a project i've been working on for 3+ months, will finally drop on @Blockparty 8.29.21 !!! twitter.com
𒐤/𒐦 secondary volume in the past 2 days has been 62 ETH with a current floor price of 4.9 details for tonight’s drop as well as the 4th and final drop tomorrow:
𒐦/𒐦 make sure not to miss any updates at http://t.me/FNTNdrop
// fin
0:000:00

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𒐪𒐪𒐪𒐪 𒐪𒐪𒐪𒐪 𒐪𒐪𒐪𒐪 𒐪𒐪𒐪𒐪 𒐪𒐪𒐪𒐪🚽🔨
Read Thread
This is what I have been SUPER EXCITED about... It's @dhof and his creations: @blitmap @sugarthegame @supdrive, and most importantly @lootproject ❤️ Loot is something different. It's something that has never been done before ever. It's a paradigm shift in NFT space. Thread 👇
1) What is Loot? Loot is an on-chain NFT that contains just text. Yes, just text! It's a list of adventure items as texts. When you mint one, you get a set of items – as texts. Simple as that.
2) How did @dhof drop it? He dropped it 3 days ago on Twitter: - it's FREE - just pay gas to mint - no website (at first) - no info aside from the tweet below - you have to mint directly via the contract on @etherscan
dom @dhofLOOT - randomized adventurer gear - no images or stats. intentionally omitted for others to interpret - no fee, just gas - 8000 bags total opensea: etherscan: available via contract only. not audited. mint at your own risk twitter.com
3) The current floor price of one Loot is now 4 ETH !!! You are probably confused why an NFT with just white text and black background is worth so much. Here is why...
4) Typically, NFT projects have a top-down approach. This means the creators create something like an ape profile picture, game item, or art as NFT. Then the creators expand the ecosystem to bring more value to the NFT which will increase the value/price for the collectors.
5) The creators create incentives for collectors to hodl – increasing the scarcity of the NFT. This can be airdropping another NFT for hodlers, etc... Basically, the creators sell a "finished product" like a house. Then, make the neighborhood better or give you extra furnitures.
6) However, @dhof doing it differently with Loot. It's a bottom-up approach. Instead of the creator bringing values to the NFT after the drop, Dom let the community decide its value. This is a new and more decentralized way of building an NFT project.
7) With this approach, the value of the NFT no longer ties to a single entity or person. Sound familiar? That's how @ethereum works! You can jump into Github and write code immediately. You can contribute new ideas to Ethereum by writing a proposal for a new EIP.
8) Instead of selling a house, @dhof sells bricks and let you decide what you want to build with those bricks. You can build a house. You can build a bridge. You can build a stadium. The freedom is yours. Dom creates a canvas. The collectors paint it.
tandavas.eth 👘 @tandavasThe creator creates a canvas. The collectors paint it. twitter.com
9) The future of @lootproject depends on the collectors. If ppl buy Loot and no one build anything. Then, Loot are probably worthless 😭 But if ppl buy Loot and build something on top of it, the sky is the limit 🌈
11) The community even build a SDK to build things around Loot already: https://github.com/bpierre/loot-rarity
13) We might enter a new era in NFT space. No leader. No roadmap. No core dev. No core artist. Everything decentralized. Ofc, This is not a financial advice. 100% experiment project as @dhof said. I could be wrong BUT THIS IS FUCKING COOL 🔥🔥
tandavas.eth 👘 @tandavasThis is what NFT should be like. Freedom and decentralized. No limit, no boundaries. Maximum creativity. twitter.com
14) I was lucky enough to mint 15 Loots. Gave one to my friend as a birthday gift. Got one Divine Robe (floor 23 ETH). So the 14 Loots I have now worth about: (14 * 4 ETH) + 24 = 80 ETH at floor price Cost of minting them: ~0.3 ETH ROI = 26,566% in 3 days (79.7 ETH profit)
End) Oh... and since my friends and I are super excited about Loot. @herinkc @mamomew @santiparp_a and I are building a side project on top of Loot too 😉 Coming soon 👀

My Notes:

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tandavas.eth 👘

My Notes:

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Feels like two paths are emerging in NFT space.

(1) Build a universe but hold onto IP. Ex: @larvalabs deal with UTA ( https://www.hollywoodreporter.com/business/digital/uta-cryptopunks-nft-film-tv-vieo-games-1235005392/ )

(2) Form a community to build a universe. Give all the IP away. See what happens. Ex: @lootproject

Personally like approach #2 better!

Been thinking a lot about this post¹ by @john_c_palmer recently.

Maybe the way to think about NFTs is not as investments or status objects but as RPG inventory-like items that allow users to unlock features /
superpowers across different apps.


¹ https://j.mirror.xyz/k0yCgq0bjgn2X0AujhwjKIYk4SDBpdNayjU5_E8Wm4I

My Notes:

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Been thinking a lot about this post¹ by @john_c_palmer recently.

Maybe the way to think about NFTs is not as investments or status objects but as RPG inventory-like items that allow users to unlock features /
superpowers across different apps.


¹ https://j.mirror.xyz/k0yCgq0bjgn2X0AujhwjKIYk4SDBpdNayjU5_E8Wm4I

Read Thread
A quick thread on @lootproject or why a wall of text is the hottest thing in the world of #NFTs right now. 👇
Note - I will be writing a long-form on them in tomorrow's issue of my newsletter at http://decentralised.co . Consider signing up to receive it in your inbox for more on them + the latest in the bizarre, exciting world of NFTs.
Loot is a NFT venture that embodies the idea of less is more. Their landing page literally has just this wall of text for anyone looking at it.
The NFTs are not complex pieces of art but walls of text - describing traits This leaves the market in limbo in two ways 1. Defining scarcity / valuating the NFT is difficult 2. Any Play to earn game can plug into Loot to get characters and a captive userbase
Why does this matter? Because in-game assets have a decade long history of being stores of value at least among gen-z. The most common-trait based asset being traded likely being - Cs:Go skins. Here's what some of them fetch in the gaming world
Loot is interesting because it leaves the interpretation open for any gaming publisher. One checks the NFT cards held by a user, generates character traits and gives back to the user. What's in it for a publisher? A captive userbase that is willing to spend thousands of dollars
Why would users pay thousands of dollars? Imo its largely linked to the play to earn ecosystem Axie Infinity has built. In the future, if a cash-flow generating game is built - NFT holders can use them to redeem characters that can be leased out to others.
In other words - a holder of loot, the NFT gets - access to the tradable NFT - (possible) access to characters on any games using it - (possible) cash-flow from a play to earn model built off it - signal value that comes from holding a wall of text
In case you think play-to-earn games are a fad, consider this comparison from @tokenterminal comparing revenue of @opensea with that of @AxieInfinity. Stand alone gaming economies can have higher revenue than entire marketplaces due to higher frequency of transactions
Some stats on loots - There are a total of ~7780 Loots in circulation held by ~1500 wallets. Quite a low figure on both supply and holder side (not good for game publishers) - There has been 2000 ETH's worth of volume on the asset with prices ranging from .15 eth to 20 ETH
- Somebody paid $60k for a wall of text. I will need to understand why at some point. - Part of the reason is speculatory. Early minters have been realising profits ranging from a 4x to 35x (depending on demand for the traits) Data source : @nansen_ai
I think we will likely see more open-access assets in the market like Loot in the future. They will be curation engines for inviting sticky holders with asset ownership. There is a risk that we are rebuilding walled environments (like web2) but for now, this is interesting.

My Notes:

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Joel John
Read Thread
Really think we’re in a different era now. There was Before Loot and now there’s After Loot. Punk moment all over again.
Have thought and published so much about this direction for NFTs but didn’t know how/when it would begin. Execution and timing were just perfect. So many things to learn from it.
Crucial decision *not* to include art. Or even attributes of items. Leaves everything open to community to run with. Even the names are perfect, slightly awkward and confusing at times but fun to imagine.
Crucial decision *not* to have a company, or a team leading the way. Impossible to gate-keep any creative decisions.
Crucial decision to make it free. Satoshi w/ Bitcoin and LL with CryptoPunks have shown us that the monumental crypto launches do the opposite of trad tech. Instead of founders keeping most ownership & giving a little to FT employees…keep only a little, give everything else away
This is what PartyDAO is dipping it’s toes into by pursuing a DAO-native strategy, but Loot is all the way at the end of the spectrum: complete decentralization from day 1. Only way you could possibly begin the shift from NFTs as JPEGs to NFTs as digital objects.
The entire thing is pure art. Will need to keep processing.

My Notes:

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John Palmer 🥳

Idea of the day: after a successful round, a founder should convert their deck into an NFT & sell it in the open market.

These decks would serve as startup rookie cards, & the decks for successful companies could become highly collectible.

Do it for @MainStreet Series B?

My Notes:

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Doug Ludlow

Idea of the day: after a successful round, a founder should convert their deck into an NFT & sell it in the open market.

These decks would serve as startup rookie cards, & the decks for successful companies could become highly collectible.

Do it for @MainStreet Series B?

Read Thread
If we create a world of more exclusive groups based on even more exclusive assets what have we really done for humanity? Is this what we are calling decentralization?
I’m beyond here for the art, the creativity, and most importantly the community. But I spent over the first half of my life learning to be okay with not having a seat at the table, I’m not sure how I feel about buying my seat.
This is why I believe there have to be more ways than buying NFTs or tokens (even though I love doing both) to join these communities, and many of them do this really well by allowing folks to contribute in different ways.
And what I mean by this is, of course it’s awesome to join clubs and communities, but the *why* is the most important for me. If it’s attached to my self worth, then these mechanisms are no better than web2’s most toxic invention: the like button.
And I know this is basic human behavior, it’s why we wear the clothes we do, [insert million other reasons here]… But I do believe it’s important to stop and ask ourselves these questions.
For me, I’m just going to keep on gut checking my “why” and hope that *most* of the time (because I’m human), I’m doing things for friendship, learning, self expression, and supporting creativity…and not because I want to look “cool.” Because I haven’t been cool since 1990.

My Notes:

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Paris Rouzati (🐻‍❄️,☁️)

Almost two months ago, we launched https://solanart.io/ , first #NFT marketplace on #Solana
Today, we broke 1,000,000 SOL in volume, and as $SOL breaks $100, that’s over $100,000,000 traded on our platform 🤯
Thank you for making us number one ❤️
New features coming soon 👀

My Notes:

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Almost two months ago, we launched https://solanart.io/ , first #NFT marketplace on #Solana
Today, we broke 1,000,000 SOL in volume, and as $SOL breaks $100, that’s over $100,000,000 traded on our platform 🤯
Thank you for making us number one ❤️
New features coming soon 👀

How to get your first 5000 community members quickly:

– Decide on a community worth creating
– Establish a common goal (learning X, doing Y)
– Define unique aesthetic
– Build an audience
– Convert audience into community (IG account into private Discord)
– Make it web3 with NFTs

My Notes:

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GREG ISENBERG

How to get your first 5000 community members quickly:

– Decide on a community worth creating
– Establish a common goal (learning X, doing Y)
– Define unique aesthetic
– Build an audience
– Convert audience into community (IG account into private Discord)
– Make it web3 with NFTs

Read Thread
𒄭/𒐨 beyond excited to announce that FNTN, a project i've been working on for 3+ months, will finally drop on @Blockparty 8.29.21 !!!
wsavas.eth @wsavas🤯 @SHL0MS twitter.com

My Notes:

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𒐪𒐪𒐪𒐪 𒐪𒐪𒐪𒐪 𒐪𒐪𒐪𒐪 𒐪𒐪𒐪𒐪 𒐪𒐪𒐪𒐪🚽🔨
Read Thread
I’m starting a new company with @3LAU, my best friend since college We’re making it possible for artists to share ownership in their music directly with fans and earn royalties alongside each other, sidestepping traditional middlemen It’s called Royal — http://royal.io/r/jd
I’m excited to announce today that Royal raised a $16M seed round co-led by @rabois at Founders Fund and @FEhrsam at Paradigm, was well as Atomic and an incredible collection of angel investors - we’re grateful for the support and pumped
Real story - yesterday around lunch our head of product @derekkohn looked at our homepage and felt it was off somehow. By 4PM he whipped up a new landing page design, completely different from before. The team loved it, so that’s what we built until 12:30am last night🤷‍♂️
And because it’s the music industry, baby, here’s a hype af promo clip https://youtu.be/6PXf3C6yKEk

My Notes:

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JD Ross

My Notes:

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Today is my birthday…and I have some ✨personal news ✨

After an incredible four years, I’m celebrating closing this chapter in venture at @bloombergbeta and welcoming my next adventure as Program Partner for Fundraising & Admissions at @beondeck.

https://minnkim.medium.com/the-other-side-of-the-table-512ccf968a2

Today marks 4 years @twitter. Every day remains fulfilling, challenging, and fun. The common threads: meaningful purpose, awesome team, and good intent. Thank you for the opportunity to make a difference with all of you, we have done so much and have much more to do! 🍪🍪🍪🍪

My Notes:

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Ned Segal

Today marks 4 years @twitter. Every day remains fulfilling, challenging, and fun. The common threads: meaningful purpose, awesome team, and good intent. Thank you for the opportunity to make a difference with all of you, we have done so much and have much more to do! 🍪🍪🍪🍪

Today is my first day as a Machine Learning Engineer at @Twitter !!! ✨

My Notes:

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Today is my first day as a Machine Learning Engineer at @Twitter !!! ✨

Emery Wells

Today is the beginning of the next chapter for the @Frame_io team and community. I’m super excited to be joining @scottbelsky’s team at @Adobe.

Off we go!

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