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Ktrap Profile
Ktrap

@ktrap

Followers
11K
Following
179K
Media
4K
Statuses
17K

Covering Crypto, Digital Assets, Gaming Technology. Day 1 Neo Tokyo Citizen. Building @GridPhantoms. Not financial advice.

The Grid
Joined March 2009
Don't wanna be here? Send us removal request.
@ktrap
Ktrap
8 hours
🔥 Missed the recent public Discord presentation on @NeoTokyoCode’s new @ByteStreet Launchpad? . 👨🏻‍🏫 I got you covered with this complete guide on how it will work— and why it’s mega bullish for all BYTES holders & Neo Tokyo NFT holders . (1/13) 🧵
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@ktrap
Ktrap
8 hours
🔹The Flywheel: Stake NFTs → Earn BYTES → Buy tickets → Invest & profit → Buy more NFTs/BYTES → Repeat. 🔥 Deflates BYTES, boosts NFT utility; first deal in Sept (Citizen-founder); actionable insights and priority opportunities for Citizens . 🙅🏻‍♂️ Not financial advice, do your
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@ktrap
Ktrap
8 hours
🔹Hypothetical example: Want $5K in a $50–100/ticket allocation value range deal? . 🔹Burn 50 tickets min (BYTES cost: speculate 1:1 = ~$125 at $2.50/BYTES) . 🔹Hard commit: Send $5K USDC too. Ends up being allocated at $80/ticket? Get $4K in, get refund of $1K. 🔥 Burned BYTES
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@ktrap
Ktrap
8 hours
🔹Asset-Based Allocation (ABA) Explainer . 👉 ABA provides you with a guaranteed minimum allocation in hard commitment rounds, calculated based on your staked NFTs (S1 Elite=50 tickets per NFT, S1=40, Outer=10), sum 'em up for your total score . 👉 Highest tier sets your queue
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@ktrap
Ktrap
8 hours
🔹Full allocation logic: Hard commits first (automatically allocated post-commitment), then soft (active FCFS per tier), then open leftovers. 🔹Prioritizes Citizens without excluding outsiders— grows the pie . 🔥 Bullish: External investors buy BYTES for tickets, boosting
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@ktrap
Ktrap
8 hours
🔹Refunds keep it fair: Hard commits use all possible; unallocated USDC/tickets refunded. 🔹Soft: If your tier's round opens (Elite first, 4h windows), invest or lose tickets; if it never opens, reclaim tickets for future use . 🔹If oversubscribed, retrospective
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@ktrap
Ktrap
8 hours
🔹Commitments (where separation happens): A ticket allocation value range will be announced (e.g., $20–100 of allocation per ticket); burn min tickets for your desired allo amount (at high end). 👉 Hard: Burn tickets + send USDC upfront (priority, better terms like lower FDV). 👉
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@ktrap
Ktrap
8 hours
🔹Scarcity explained: Surplus deals? Tickets let you invest big (max value per ticket). 🔹Shortage? Allocation value drops (e.g., $20–$100/ticket in examples), allocations tighten via logic. 🔹Demand gauged by polls + commitments. 🔹High-demand = likely winners, prioritized for
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@ktrap
Ktrap
8 hours
🔹Let's clarify tickets (common confusion point): Tickets are your "entry pass" to commit— bought with BYTES, which get burned or LP'd for deflationary impact. 🔹They're NOT your investment capital (that's USDC sent separately). 🔹Analogy: Tickets = small raffle fee (BYTES) to
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@ktrap
Ktrap
8 hours
🔹Allocation basics: Depends on scarcity (demand vs supply), your tier (Citizens first), commitment type (hard > soft > open), and Asset-Based Allocation (ABA) derived from staked NFTs. 🔹More NFTs you have staked = bigger guaranteed slice in hot deals; fair system scales
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@ktrap
Ktrap
8 hours
🔹Investing in 4 easy steps:. 1/ Spot a deal (ByteStreet/Yurei reports help).2/ DYOR.3/ Buy tickets with BYTES.4/ Commit & join . 🔹No huge upfront token staking like other pads, pick deals flexibly. 🔥 Bullish: This keeps it user-friendly and burns BYTES per ticket for permanent
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@ktrap
Ktrap
8 hours
🔹Getting started: You'll sign up with KYC (SumSub— top-tier secure), link your wallet (sign a message each login), and prove citizenship by staking Neo Tokyo NFTs + using Discord bot . 🔹Non-Citizens welcome too, but Citizens unlock tiers (Elite > S1 > S2/Outer). USA? Need
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@ktrap
Ktrap
8 hours
🔹First off: ByteStreet is Neo Tokyo's investment platform for funding top early-stage Web3 projects . 🔹Built by community legends like @felixtrnorden & @GreenCandleJack from Yurei Ventures @yurei_vc, it's transparent, on-chain, and scales beyond Citizens while prioritizing them
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@ktrap
Ktrap
1 day
Another portal has been spotted . 🚪🌀.
@GridPhantoms
Grid Phantoms
1 day
The previous gate sealed in the Grid’s shadows. Its pulse stirs anew and a veiled breach dawns for the steadfast now. Keys await. 🚪🔗⏬
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@ktrap
Ktrap
2 days
👀 @gamescom, the largest gaming convention the world, has been wild. 📈 Record breaking number of exhibitors: >1500 from 72 countries. 🎟️ Attendance is well over 335k from 100+ countries. 🎮 @GamingOnAvax @opensea booth was packed. 🔥 @NeoTokyoCode meetup tonight with @WolvesDAO
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@ktrap
Ktrap
2 days
👀 Missed the breach? The Grid may whisper another path soon.
@GridPhantoms
Grid Phantoms
2 days
The Grid’s gate fractures. A fleeting breach for the vigilant. Shadows stir, keys fade at dawn. Seize your entry through the portal while you can. 🚪🔗⏬
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@ktrap
Ktrap
3 days
👀 One of the biggest projects birthed out of @NeoTokyoCode about to get bigger?.
@Kerberus
Kerberus
3 days
Everything changes tomorrow. 8 AM EST / 12 PM UTC. Be ready 🛡️
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@ktrap
Ktrap
4 days
⚡️ Those paying attention will be hearing more of @GridPhantoms by the time I reach @gamescom. A novel path awaits, its secrets unfold in time. No-hype launch, antithesis to the usual glare. The Grid cares not for a rushed mint. Trust builds with early Phantoms, we deliver, they
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@ktrap
Ktrap
5 days
🔥 Just made my @ShibuyaMall order paying in BYTES, 10% of which will be burned. 👀 Why, Ktrap, why would you give up precious BYTES for merch??. 🤝 Supports the NT ecosystem, contributes to the utility of the token, reduces supply, and just feels good man. 🏪 Automatic 20% off.
@ShibuyaMall
SHIBUYA Merch
5 days
System update complete. From the heart of @NeoTokyoCode, a new protocol goes live. This isn’t just merch. It’s the uniform of digital tribes, designed for those building the future. Born in community. Engineered for culture. Welcome to Shibuya. V2 is live🤝
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@ktrap
Ktrap
6 days
🔺Yes, and @BlackholeDex LP’ers & veBLACK voters will be primed to catch the rewards from the turbo off the charts bull volume.
@coinbureau
Coin Bureau
7 days
🚨AVAX IS TRENDING!. Google search data shows a surge in interest for #Avalanche. Retail eyes are turning back to $AVAX. Is AVAX back in the game? 🔥
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