Backseats

@backseats

333 Following

16733 Followers

Backseats pfp

Who’s building Venmo/cash app but uses usdc?

10 replies

0 recast

22 reactions

Backseats pfp

THE CHONKS MARKETPLACE IS OPEN We're excited to launch the most secure way to trade Chonks and collect Traits! Existing marketplaces didn't support our needs so we built our own. chonks.xyz/market Full details: https://medium.com/@chonks/introducing-the-chonks-marketplace-bd83e261f302 Now to build something for Farcaster-native for Chonks

2 replies

0 recast

8 reactions

Backseats pfp

0 reply

4 recasts

22 reactions

Backseats pfp

Solana is one of crypto’s many local maxima

0 reply

0 recast

10 reactions

Backseats pfp

.@marka and I will be on Think Tank tonight with @lukeweaver.eth in the Mathcastles Discord at 10p est (a little under 5h from now) We’ll be talking about Chonks, the contracts, and showing off our new marketplace! Stop by the Mathcastles discord and we’ll see you soo

1 reply

4 recasts

16 reactions

Backseats pfp

Every crypto cycle proves the validity of one or more new use cases (DeFi, NFTs, Farcaster, memecoins) by absolutely beating it to death, hooking a handful people who commit to studying and applying them, and then build real things with them

1 reply

0 recast

10 reactions

Backseats pfp

I’m playing with the UX of the Chonks marketplace to make it feel incredibly fast and hide some of the clunkier parts of crypto UX to go along with @base’s fast block time. Liking where this is headed

4 replies

0 recast

11 reactions

Backseats pfp

I’m so back (on farcaster)

4 replies

0 recast

26 reactions

Backseats pfp

1 reply

1 recast

10 reactions

Backseats pfp

Does Warplet paymaster?

1 reply

0 recast

7 reactions

Backseats pfp

Did watching a cast go away

1 reply

0 recast

5 reactions

Backseats pfp

What happens when Musk sells you a humanoid robot for your home or brain computer interface and you say something about him he doesn’t like on his social media platform?

6 replies

0 recast

10 reactions

Backseats pfp

Everybody’s building/rebuilding basically the same indexers

1 reply

0 recast

12 reactions

Backseats pfp

Trying to figure out what I should do with ContractReader Any ideas?

2 replies

7 recasts

64 reactions

Backseats pfp

Took a break from twitter this weekend and it’s so clear how unhealthy of a network it is. Beyond its own social scalability.

5 replies

3 recasts

59 reactions

Backseats pfp

A few more features of the Chonks Marketplace: - Bidding requires you bid 5% over the previous bid to avoid minuscule outbids - There’s a 50 block cooldown on the Chonk each time a Trait leaves its Backpack, to avoid you buying a Chonk with fewer traits than you think - Getting outbid auto-refunds you and if that transaction fails for some reason, you can always withdraw from the contract Big thanks to @nix for the feedback here.

3 replies

2 recasts

15 reactions

Backseats pfp

On the Chonks marketplace you won’t *ever* have to: - refresh the metadata to see the latest Traits on the Chonk or in their backpack - worry about the seller front running your Chonk buy by moving all the Traits to a different Chonk right beforehand

1 reply

1 recast

15 reactions

Backseats pfp

We’ll write a full post on this when we release it but the reason the marketplace has taken so long and why we can’t use something off the shelf like existing white label marketplaces is because we have to account for the security and behavior around trading an asset that owns other assets as well as the underlying asset itself. For example, what should happen to listed Traits owned by a Chonk when the Chonk gets listed too? How can you collect more Traits for your Chonk while the Chonk is listed for sale? What role do transfers have in relation to listings when one asset owns another?

2 replies

0 recast

7 reactions

Backseats pfp

Happy to announce that the Chonks marketplace is code complete and has been sent off for audits. Hope to have it live next week! Thank you all for your patience while we got this right.

2 replies

1 recast

19 reactions

Backseats pfp

Remixed art by @jack, idea by @sassal.eth, rider: @marka

1 reply

1 recast

15 reactions