Yesterday, I felt sorry for having my previous account gone for good

Today, I feel motivated to build the new one from scratch and produce better content

I'd appreciate if you give me a follow on the new account. I'll follow back https://x.com/petar_xyz

brypto

$1.36b liquidated in 24h. biggest cascade since november

usually when everyone's focused on price, the real story is in the liquidation data

Farcaster

How crypto companies go bankrupt:

Yesterday, I learned that Phaver social media app had closed operations with all socials gone.

Token down 99% since TGE in September.

I had high hopes for Phaver merging Lens and Farcaster ecosystems, with 35K DAU and 800k downloads. 

At peak, they had 50% of Lens traffic and 20% of Farcaster's.

I asked their team member on what happened and three things stand out:

1. They messed up TGE & airdrop. It led to hours of portal failures, causing FUD as people couldn't claim immediately.

2. They overpaid for CEX listings: Paid more than $1m USD for 5 CEX listings. $SOCIAL still trading on Bybit, KuCoin, Gate etc.

3. Ex-employee said the team decided not to sell any tokens at TGE as FUD was already too high. This was a mistake as they were short on cash for operations.

TL;DR – Phaver ran out of funds. As a Finnish company, it also had to pay employees during the 1–2 month notice period.

All this despite raising $8m at $80M valuation from Polygon Ventures, Nomad Capital

I just donated to help earthquake victims in Myanmar

Join me to support urgent relief efforts

Recaster

Could we have better push notifications for these type of casts?

Instead of ‘Cast with embedded content’, to have ‘Shared an image’?

Context is king 🙂

Cast a picture of yourself (cheating only)

Just tipped my favorite Farcasters 🫶🏼

thank you @haole @serjkorj @martin @carlos for being awesome!

Democratizing access to subscriptions via subdoor.xyz and deplan.xyz | Past → bento.me/serjkorj

Building /recaster and other farcaster tools

just tipped my favorite farcasters!

thank you @petar @pelasti @woj.eth @v @aghahowa.eth @peth @csmit @dwr.eth @especulacion @doggfather @moo @philipliao.eth @fantomas7x @osazzzz @chainyoda @ted for being here :)

Bitcoin

every flash is a Bitcoin transaction. 

maybe should build a bunch to show what this would look like for different chains.

DeFi

gearbox protocol tvl up 40% in a week as institutions flock to leveraged yield. risk-adjusted returns are the new black in defi

Founders

Bitcoin didn’t really become money yet. We’re still in the process of reinventing money. Maybe it’s time to go back to the roots and start from scratch.

Bitcoin needs to be unit of account to become money. So far, it’s somewhat proved itself to be store of value and medium of exchange

I like my Studio Ghibli version of myself ngl

coco🔮 壳壳

Go tell her 😉 https://x.com/0xcoconutt/status/1904424306400170355

Meet the Right People on Farcaster | Answer questions. Unlock insights. Give gifts. Make connections /intori

I joined Farcaster on 23rd March 2023, which was 2 years, 0 month, 2 days ago 🥳

When did you join?

Frame by @cashlessman.eth

dev. 
all my frames: @infobot, working on @degensub,
open for opportunities

Warpcast

Seeing new types of notifications recently 👀

fc-updates

Bracky is doing an airdrop today to 2,000 Farcasters!

$bracky tokens can be claimed and used in the March Madness brackets in the bracky frame. The claim process will help you set up the frame and get started. 

You should get a push notification if you're eligible for the airdrop.

Made in /bulgaria ⟠ Crypto Class 2017 ⟠ Web3 Explorer ⟠ Team @ambirewallet @adex-network ⟠ Opinions are my own