splits

splits

Financial infrastructure for onchain teams. https://splits.org/

abram pfp

we opened up public beta the other day (!!) so i recorded an end-to-end run through of the product, how it works, and how we use it. it's a purpose-built tool for onchain teams/projects to bank themselves on ethereum.

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One of the fun parts about working at @splits is I get to implement features that feel like magic 🪄 You can now send tokens on over 45 networks straight from your Teams wallet, autoswapping tokens along the way. I've been using it often to send myself ETH on L2s using the interest-earning USDC in my vault

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@sonyasupposedly

accountants love this one weird trick!

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Nanahh(14/100🎥) pfp

Nanahh(14/100🎥)

always wondered if splits was some type of big project or just a mechanism or system for other projects, as a college senior majoring in accounting, i can’t seem to understand the whole idea

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@sonyasupposedly

the Splits stack — business and finance tools that @w and @abram use to run the company https://splits.notion.site/Our-stack-27ff7c3c8eff80cf9bd6f9325c8de903

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@sonyasupposedly

capitalist idealism

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@sonyasupposedly

this post contains maybe my favorite line we've published ever? "The American dream without borders: equal opportunity on a global scale." banger @abram description of onchain finance (in particular Ethereum)

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@sonyasupposedly

continuing to send up a bat signal for onchain startups https://splits.org/blog/ideal-customer-profile/ @abram and @w on Splits' Ideal Customer Profile, and why figuring out your ICP is an important exercise

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@sonyasupposedly

People will always collaborate, manage collective resources, and divvy the fruits of their labor. People will always want their money to be safe and accessible. https://splits.org/blog/10-year-narratives/

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@sonyasupposedly

the Big Idea running through this piece, which @w and @abram have been discussing all year: "trustless" systems ironically make trust more valuable than ever. solid crypto infrastructure moves trust up the stack, from the smart contracts to the social contracts like @dish said: "we lock the LP positions to prevent rugs. Our contracts are verified and audits are open-sourced." this is a big part of Clanker's fundamental value prop to builders: business legos that Just Work™ and interoperate with the rest of the ecosystem ("You could do it independently, but we save a lot of time and energy leading up to launch and actually get you to the meat of what you want to build with these tokens.") once that groundwork is laid, the next level is relationships and community. Clanker has built an incredibly strong and distinct brand which has weathered multiple rollercoasters, and now @dish is figuring out how to extend and expand that brand with collaborators and partners

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@sonyasupposedly

Splits talked to @dish about running Clanker: becoming a startup founder almost by accident (!), earning an ecosystem, and the push and pull of trust in the noisy, boisterous crypto scene My favorite quote from Jack: "You can't say some things that you want to say, that your emotions want you to say. You have to turn the other cheek." That shows the emotional intelligence and inner stability you need to thrive in this crazy industry. Everyone is constantly yelling at you, but it's still necessary to listen — with empathy and patience https://splits.org/blog/trust-at-scale-clanker/

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@sonyasupposedly

send this one to your crypto-curious builder friends! @w on why business-first adoption makes more sense than consumer-driven "mass adoption" 👉 https://splits.org/blog/one-startup-at-a-time/ > What seemed impossible just two years ago — seamless onchain operations that don't sacrifice security or usability — is now table stakes. The early adopter tax has been paid by others. thanks @jihad for working on the earliest version of this post 💗

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@sonyasupposedly

"Give yourself permission to ship something you know isn't right." — @w Anything else is too slow! The polish comes later. Start with a functional prototype. It should be rough. It should be janky. Get that version in front of users fast. How we scope a quick 'n' dirty MVP at Splits: 1) List everything that might important or relevant to the project. 2) Okay, now what is the *absolute minimum* from this list that's necessary for a functional prototype? AFTER completing this "make it work" phase, you can start fixing the glaring flaws, fulfilling feature requests, and optimizing performance. https://splits.org/blog/make-it-work-make-it-right/

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@sonyasupposedly

if you run a business onchain, we wanna talk

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@sonyasupposedly

how @jake manages $QR, the project coin behind the onchain attention machine: https://splits.org/blog/qr-project-coin/ 💸 cashflow from the token versus the business — spoiler, almost all the business, but Jake ties both together 🏦 is it better to raise from 100,000 buyers versus one or two VCs? 🗣️ how to coordinate those 100,000 people without losing purpose, direction, or your mind?

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