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Peter Kim

@peter

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so the way I see it: the "trenches" are a game with real opportunities. Most “regular traders” will lose. Some will quit, some will get better, some will get so good that they make generational wealth from the trenches and retire. The solana trenches have done a good job of providing a "solution" to growing financial nihilism. I don't think see it as bad that most can't win. I don't see it as right or wrong, it just is. base is interesting because you see flashes of tradfi investing philosophies. Real projects, doxxed builders, more stable charts. The longer some of these base projects survive and thrive, it'll attract new participants (which is ultimately the real goal) in my eyes, why can't base do both? Build amazing trench conditions for pure speculators/traders, while continuing to foster an environment for long term builders. We saw some flashes of this last fall with base memes receiving parabolic moves ($SKI, $DOGINME) That's when the "base is for everyone" vision makes the most sense to me.
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@revealcam launch went relatively smooth still fixing up the experience, but there were some predictable issues as a result of going web first to cast as wide of a net as possible with @revealcam we wanted to test a few things: 1) create a curiosity gap to provide an additional motivator to buy a token (buy to reveal) rather than pure speculation 2) deflationary tokenomics (50% of trading fee used to burn supply) to have the initial benefit of ERC20 liquidity, but in a success state eventually imitate the feeling of an ERC721 (limited X super fans that can view the content) 3) enforce one token per creator at the platform to prevent liquidity fracture (new content updates your token rather than creating a new token) @ace and I will continue iterating and onboarding those interested in trying our attempt at a new medium. In the end it’s our mission to create a medium that’s interesting enough to attract the most talented creators to launch. please reach out if you’re interested!
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A mini app by peter.