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BREAD | ∑:
Building: @megaeth_labs | Contributing: @modernmarket_
Like I said; too good.
18.7. klo 10.47
Alright, Luca too good at this stuff.
Worth noting though; not all are explicitly pushed/asked for by the pudgy team and some are willingly done by teams/projects because they have Pudgy exposure.
That's the power of the distribution machine the team has created.
By creating 100s of touch points across bigs, lils, PENGU, toys, a chain, etc, etc you create a wide net of people incentivized to participate and contribute.
Making all of those things valuable is not easy but they've pulled it off amazingly.
25,33K
BREAD | ∑: kirjasi uudelleen
As promised here’s my thesis on MegaETH and @badbunnz_ number 46.
Being the fastest L2 is more than just a flex. It enables a plethora of new products and features.
Whether that is on the perps side or completely new gambling primitives like @Euphoria_fi
The promise of speed has attracted a lot of brains and unlocked creative potential.
Now this is only one part of the equation.
The other one is the Mega team. I’ve met @0xBreadguy irl and he’s joining the Modern Market every other day.
This dude has not only become a good friend but is genuinely amongst the smartest people I know.
It excites me to see his intellectual capacity and passion flowing into mega.
The second part is the mega ethos. No VC games, but echo rounds and fluffles to cement a community centric focus
The team values community participation a lot. And I’m a firm believer that culture is being built top down.
Hyperliquid is a great example. The protocol does token buybacks with fees and protocols on top of hyperliquid like liquid launch have being following this example.
I hope to see the same on megaeth. A community first approach.
That brings me to the bad bunnz. The team understands this community centric approach and is building a fantastic network within this emerging ecosystem (without any paid KOL campaigns).
My bet is if they’re successful at that and if megaeth succeeds value could flow to the bunnz as the megalio mint already demonstrated (see hypios)
On top of that the collection is rather smol and fluffles can’t be traded.
Megaeth thesis delivered 🫡
22,18K
I think this is true, but I also want to keep myself in-check for when the pendulum swings back.
It's always growth+rev, but the meta slider is 99% to revenue right now.
16.7. klo 08.31
Think it's fairly obvious now that the market will prefer either max utility (rev. -> buyback/burn) or max no utility (meme).
Anything trying anything in between (mostly governance) will continue to drift towards zero.
ETH is the meme for institutional boomers, for now.
7,11K
As @hosseeb said in the recent 0xresearch pod:
"Eventually the kid grows up to be like dad."
Solana will reach the same slower-iteration state Ethereum is mocked for.
Only a matter of time (and is natural).
15.7. klo 21.43
people say @_ryanrconnor is too controversial publicly but they don't even see the things he DMs me in slack
7,43K
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