WebOfTrust

@weboftrust

1708 Following

44449 Followers

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Credit where its due, excellent move from the team. After raising 40M, they are now returning 80% fund back to users. I didnt put any $$ for many reason but looking forward to see how this experiment plays out. https://x.com/pain/status/1887126657506656506

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In the middle of the panic, when almost 8-10B was liquidated, 180K worth nearly 40M was sent to PAIN meme token pre-sale. no roadmap and token distribution is yet to be announced, just a single twit and 40M were sent within 2 days. memecoing, good or bad, is debatable but I think this approach of token lauch is much more better than point farming, doing stupid quest for over a year, finally launch a token only to sit on 3-4th page of coingecko.

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That's why most will recommend storing a percentage of the folio in BTC. Since the inception of crypto, many projects have come and vanished, some even flipped it for a short period, but BTC continues to display evidence of a digital store of value.

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I believe insider trading happens in tradifi as well, but only in the crypto space do people seem to walk away scot-free, even when there is on-chain evidence of their wrongdoing. business as usual, which is why outsiders see this industry as a scam

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It looks like community-first airdrops and funding initiatives are making a comeback—and the momentum is exciting. First it was Hyperliquid, then Superseed and now AskVenice. They just aidropped 50% of supply to community. https://x.com/AskVenice/status/1883925154725552189

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Significant boost in activity here and the trending tab content is much more versatile.

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Hating EF and, to some level, Vitalik is so hot right now.

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Trump just made the future multi-chain. Liquidity and potential new users flowing in, they see a stable usable wallet, extremely cheap fee and thousands speculative asset to ape into. https://x.com/realDonaldTrump/status/1880446012168249386?t=qiVomeokPRpW7jPtdnmy1g&s=19

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$XRP is an exception, ever since it was incubated apparently.Everyone I know considers it, as a grift, against Ethos of Blockchain, with no actual adoption. But it seems everyone outside of the crypto space is bullish on XRP. Confusion of the highest odda

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Seed phrases continue to be the major blocker hindering wider adoption. They need to go.

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Unnecessary debate on Soneium blocking certain things on UI. I think it's a positive move, many more enterprises are likely to launch L2/L3 chain in the future, and most of them will exercise some degree of control over their chains. It's about striking a balance between maintaining their reputation, users/creators IP, sustaining market presence, and bridging the gap between Web2 and Web3. https://soneium.org/en/blog/soneium-mainnet-is-live

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one reason scams and insider deals keeps ongoing is that many people in this field have fish memories, and the lack of government regulation further exacerbates the issue.

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In the near future, transaction speed(Megaeth) won't be a chain selling point. Even now, very few care about science and logic. On top of that, we already are in a phase where app-specific chains are live( Superseed, CDP-focused,OP stack L2), Uniswap, and soon AAVE. It's all gonna come to attention span, those capturing it, will win.

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Market kinda accepted the winner of L2s while new L1 are competing against Ethereum/Solana, narrative from L2 to meme and cult coin euphoria to everything AI script. All within a year, this space moves at an insane speed and sentiment could change anytime. It's important to take a step back, reflect and focus on important stuff, health, friends and family. Happy new year to all of you.

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Now I understand why Farcade user MAU is so high, it's simple yet additive. Do you think it's possible to integrate FP to Farcade @surfcoderepeat

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Haven't spent much time focusing on this channel. Initially my goal was to share any technical or non technical article or documentation related to Ethereum and the broader ecosystem. In the coming year, i will focus on 1) learning and sharing knowledge 2) I am active as a delegate in three major L2s and have learned a lot, I will share my rational thoughts on this channel.

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@jacek did it with degen and now someone is doing it with Yapp. Reward engagement, simple as that. Even less active account are twitting now. Though, not sure if they can maintain the traction once the token is launched.

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Looking at wBTC delisting, in next quarter expect USDT to be delisted too. Not sure if it's good or bad but finally we will be able to end the Tether fud.

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There is nothing wrong in promoting your project, app or idea but forcing the user to download the app thus needing to import your existing seed phrase doesn't seem right.

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