atareh
@atareh
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i write @ thursday spaces @ 5:30 pm et
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Joined April 2017
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most things, on a long enough time frame, are a ponzi
Something i'm seeing a lot more of on eth nfts vs. ordinals:
"it's the same narrative, but on BTC - and we know how that ends - so what's the point"
all of that is likely true, but the last part - "so what's the point" -…
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Opensea announced something MAJOR today - they created a protocol for NFT marketplaces called Seaport
Here's what it means, why it's big for decentralization and how this radically changes how we buy/sell/trade NFTs
🧵👇
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10 interesting things I learned about how Yuga operates from their deck
👇 🧵
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How
@yugalabs
is using storytelling (borrowed from
@10ktfshop
playbook) to keep Otherdeeds holders engaged and excited about the Otherside, all while the game is being developed
🧵👇
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Spicy new discord scam alert 🚨⚠️
They we're after my mutant and (almost) got me
It's a new social engineering scam to get you off guard to drain your valuable NFTs
Here's what it is + how you can protect yourself
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Quick post-mortem on how $500K+ worth of NFTs (1 BAYC, 2 MAYC and 1 Doodles) were stolen from
@SethGreen
wallet
🧵
Well frens it happened to me. Got phished and had 4NFT stolen.
@BoredApeYC
@opensea
@doodles
@yugalabs
please don’t buy or trade these while I work to resolve:
@DarkWing84
looks like you bought my stolen ape- hit me up so we can fix it
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The
@MutantHounds
is using a "burn-to-reveal" mechanism, which is increasingly becoming the best practice for pfp projects.
Here's what burn-to-reveal is and why it's better for holders and the project overall compared to a "traditional" reveal
🧵 👇
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Tonight,
@10ktfshop
announced they are partnered with and powered by
@apecoin
, among other things.
So here's the complete
@10ktfshop
level 2 breakdown
🧵 👇
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🧡 it or hate it,
@supremenewyork
is cool
It's worth $2 billion, celebrities like Kanye wear it, their drops have long line ups, and the resale value is 5-10x
So, how did they get here? and is
@BoredApeYC
really a "decentralized competitor"? (cc
@punk6529
)
Let's find out 🧵
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Yuga Labs just revealed the mechs art for the HV-MTL collection
One thing is clear: Freezing metadata is ancient and Dynamic NFTs are the future
👇 🧵
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Gucci just announced a partnership with
@yugalabs
, which means they'll play a role in
@OthersideMeta
But this isn't
@gucci
's first foray into web3
Here's what they've done so far and what to expect going forward
👇🧵
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People don't fully appreciate how genius
@10KTFshop
G-tags are -
@mfigge
said they have the best tokenomics thinkers on the team; he wasn't kidding
Here's why G-tags are a brilliant tokenomics solution to a difficult problem: rewarding OG holders while welcoming newcomers
🧵👇
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Prediction:
@Coinbase_NFT
launches with Yuga Labs land sale
Easy way to onboard ~100K people on-boarded onto coinbase NFT
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Another day, another phishing scam.
This time 29
@moonbirds
were stolen, worth close to 1.4 million.
Here's a breakdown of what we know so far + a discussion about how hardware wallets *do* and *don't* protect you from these kinds of scams
Let's dig in 🧵
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BREAKING:
@mfigge
just announced at
@ChristiesInc
that
@gucci
cloth will be redeemed for co-branded
@10KTFshop
x Gucci wallet or duffel bag
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10/ and second, we should demand better design from our software wallets.
My proposition is to create a front-end NFT locking mechanism, which would have prevented an attack like this
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Is
@10ktfshop
getting PFPs?
Here's everything you need to know about G Tags, PFPs and what the hell "Burn 👑 4 PFP" means
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3) Buy or trade: Right now, you can only buy or sell NFTs for ETH or fungible tokens (APE, USDC, DAI).
On the Seaport protocol, you’ll be able to trade NFTs, or sell for ETH or erc-20 token.
So list your MAYC for 25ETH, or 5 ETH + 1 Azuki, or just 2 Azuki's - flexibility
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1. Opensource code: With Seaport, anyone can build an NFT marketplace using the protocol because it's decentralized and Open source
In the coming years, we should expect to see way more marketplaces being built
More competition = better + faster innovation
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Every great story follows a similar structure - called the hero's journey.
Once you recognize it, you’ll see it everywhere, including the
@10ktfshop
project.
Let's break down the hero's journey and who the hero actually is in the story of New Tokyo.
👇 🧵
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I hope you've found this thread helpful.
Follow me
@atareh
for more.
Like/Retweet the first tweet below if you can:
Opensea announced something MAJOR today - they created a protocol for NFT marketplaces called Seaport
Here's what it means, why it's big for decentralization and how this radically changes how we buy/sell/trade NFTs
🧵👇
270
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5K
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4) Trade for specific NFTs: When trading NFTs, you can also set specific “criteria” that the NFT must have.
So, want to trade your rank 2 Azuki only for a gold BAYC? you can specify that
Only wallets with a gold ape can trade for your NFT
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Turned 31 today and I gotta say, really enjoying the new decade.
I'm young and still have as much energy as I did in my early twenties but now,
Instead of self-sabotage, bad stories, and past traumas plaguing me (I've done/doing the work) - I feel free and unburdened to create…
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Apefest performances were cool and all, but I find myself thinking: that was just a week long music festival.
I’d love a space where you can get to know other apes and the founders better, get some yuga labs updates, etc.
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Insider trading is a problem in NFTs - who is profiting it?
Take a look at the moonbirds chart below - it's the days leading up to the just announced acquisition by Yuga Labs. From no volume and a 1 ETH floor, to hundreds of sales pushing the floor well past 2 ETH.
But this…
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With 4.1 million APE in favour,
@THEDAMSHOW_
has a budget for the first time thanks to
@apecoin
and all of you🥲🧡😤
Thank you to everyone for the support, please tune in tomorrow at 5pm for a short but spirited celebration 🥳🥳🥳
LFG!
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6) Find bugs & earn $$: Opensea is conducting a two-week audit contest with a total $1 million prize pool.
Any developer can audit the code and submit reviews and errors they find, and be rewarded for their work.
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I think this is the NFTs "Uniswap moment"
What happened after Uniswap? DeFi Summer.
Perhaps there's another NFT summer on the horizon soon enough...
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Using the new poster from
@OthersideMeta
, we can start to decipher some of the letters in the scriptures.
I made a map of the known letters so far
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6/ Look at what transaction you're actually about to submit.
At the top, we see that this is for a "set approval for all" for contract 0x32e...06C4 (the WoW-G contract address).
If you're on a scam site that promises you're minting NFTs and it doesn't say "Mint" - RUN
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HEY APES,
@10KTFshop
APELIST FOR CRATES IS LIVE
COME LEARN ABOUT WHY WE NEED YOU TO HELP DEFEAT THE KAIJU (WITH
@Wisdom61877318
+
@Cryptilt
)
GIVING AWAY A 10KTF GENESIS TOO
👇🏽👇🏽👇🏽
RT THIS TWEET, FOLLOW
@10KTFshop
AND ATTEND SPACE TO WIN
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in the history of
@apecoin
, only two projects have received airdrops
1.
@BoredApeYC
2.
@10KTFshop
Do with that it what you will
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Team Captain atareh, reporting for duty.
Love going to battle for this community, alongside my co-hosts and now my co-captains
@DiamondhandzGMI
and
@mebynetta
This is an incredible gesture by the
@10KTFshop
team - love you all.
Let's kill this fucking Kaiju, over and out
🫡
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One year ago,
@beeple
said "Wagmi-san must give you a gentle kiss on your forehead before u are allowed to enter 😘"
Here's
@GordonGoner
from today's
@fvckingmeta
(almost) confirming it 👀
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Yesterday,
@yugalabs
acquired
@roarstudioscom
They're a small metaverse startup founded in 2021 that raised $7M to create a "music metaverse for collaboration and performance"
So what's that got to do with Yuga Labs and
@OthersideMeta
?
Here's what I think
🧵👇
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BEHIND THE SCENES:
@THEDAMSHOW_
APEFEST LIVESTREAM
First day home and i'm finally getting a chance to write this - this is long overdue.
I'm not sure exactly where to start, so let's start with the thank you's
------
A big thank you to the whole
@yugalabs
team for allowing us…
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After NFT NYC 2022, I sent
@mebynetta
and
@DiamondhandzGMI
a DM about starting a show...
The goal was to grow the show, get sponsored by
@10KTFshop
, and host an IRL event
8 months later, we did all of it (+ a
@beeple
interview)
Here's to the next 8 months. Thank you everyone🧡
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To finish off the political theme, my full statement.
Congrats to
@DiamondhandzGMI
and
@mebynetta
and
@TheDAMshow_
🧵👇
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ledger needs to stop trying to be a fashion brand
apart from the obvious “don’t put your ledger in your hat”, it also creates a security risk
walking around in public with a billboard that says: “hey I am into crypto and have a hardware wallet”
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The marketplace landscape is set to look very different in the coming months and years. You can bet that many will choose to build on Seaport protocol, and will increasingly become the standard for NFTs
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So Opensea is helping decentralize the buying/selling/trading of NFTs by launching the Seaport protocol
Here are the 6 biggest takeaways from reading the Seaport and what it means for the NFT space
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5) Dutch Auction listings: Not sure what the market values your NFT at?
Create a dutch auction!
With seaport, you can set a start and end price, say how long you want the auction to run.
The listing will decrease (or increase) the price until a buyer is found (or expires).
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10KTF just launched Bounties, which gives you "Popcorn" - en-route to a PFP
More popcorn = rarer PFP
Here's everything we know so far on how to optimize your Bounties so you can get the best PFP
🧵👇🏼
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Before I begin, think about Seaport the same way you think about Uniswap.
Uniswap changed the game with their open-sourced decentralized exchange - part of the avalanche that we now know as DeFi Summer in 2020
This move by Opensea might have the same potential because...
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Story2️⃣: GameStop 3 year anniversary (also gets tokenized in $GME)
3 years ago yesterday, January 28 2021, was when the people fought against the hedge funds and (almost) won - until they changed the rules by removing the buy button (another reason why we need crypto).
Hard to…
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2-1) Decentralized: Opensea says that there is no contract owner to this protocol, and anyone can update or fork the code
To understand what this could mean for the future of NFT marketplaces, think about the ERC-721 token standard.
Everyone launched their NFTs with it, until..
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A big problem I see for PFP projects:
Only the “OGs” and “diehards” know the history and culture of the project.
And they know it because… they were there - they lived it. That’s why you care so much about your PFP.
What about the people that weren’t? How do you get people…
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10KTF's PFPs are almost here
the only thing left to do before the reveal is picking your class
here's how it all works 👇🧵
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Uniswap is an open-source platform, and multiple copycats across different chains arose (sushiswap, pancakeswap). This led to massive growth and innovation in DEXs and DeFi in general
This move from Opensea signals to the competition: bring it on, let the best marketplace win
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What I'm excited about most is the innovation this opens up. Because the code is open-sourced, all marketplaces will be competing for users.
Who will create the next killer feature that attracts users? How quickly will the competition catch up or out-innovate?
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Last night,
@10KTFshop
recycling for G tags rugged 3 hours early, a call back to the second mint that also ended 3 hours earlier than expected.
Genesis will never yield G tags again, and the supply is set to 14,932.
Next stop: 10KTF PFPs
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Ok, so wtf is a protocol?
Right now, Opensea is a marketplace platform (like Facebook). The platform offers the service of letting you buy and sell NFTs.
Opensea (the company) controls the platform 100% - so any changes to the code (such as accepting $APE) are centralized
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The latest
@10KTFshop
battle town missions require you to own different pfps, so many are sharing or trade pfps temporarily
Here's how you can use share NFTs without transferring it (and risking theft) with
👇🧵
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2-2) People got fed up with high gas fees, so Azuki found contract optimizations, to save users $ on gas
While there are some limitations, lots of projects now choose to use it when they can
This wouldn't happen if a centralized organization controlled the ERC-721 standard
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Thoughts on
@10KTFshop
G tags, dynamic NFTs, and why I think there’s another burn🔥 👑 coming:
10KTF announced that we’re going to be “rearing” g tags, meaning “raise” them like you would a baby by playing
One problem: G tags are erc-1155 nfts
Why is…
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In less than a year, lots of people have made life-changing money with NFTs - especially
@boredapeyc
But why is it called "life-changing money?" What changes? (besides more 💸💸 in the bank)
According to psychologists, quite a lot.
🧵👇
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10) Yuga is now 46 employees strong.
They come from companies like: Google, Oculus, Facebook, Twitter, Apple, Microsoft, Nike, and Amex
We're in good hands
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The 10K PFP meta is dead.
@outlawsdotwtf
was the "next big thing" according to Twitter, but it's floor is less than half it's mint price days later
Here's what's happening and where I think we're going
A short 🧵
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Puma just announced
@10KTFshop
's 2.0 in their latest comic where Super Puma meets with Wagmi-San after an invitation...
The 10KTF story has connections with
@OthersideMeta
,
@gucci
, and
@PUMA
so far
Season 2 is going to be CRAZY
Full comic below 👇
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Ethereum's Shanghai update, or "a bunch of staked ETH is going to get unlocked" is scheduled for tomorrow (April 12).
The question on everyone's mind is:
"is this bullish or bearish for ETH? What about NFTs?"
Let's explore both cases
🧵 👇
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4) Any character can play in their metaverse
To allow for any NFT or character to enter their game, Yuga is building Software Development Kits (SDKs) that allows anyone to create their own from an existing NFT collection or brand new collection
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We first saw them in January on
@10KTFshop
's timeline, but the 893 Genesis collection of Kagami's are finally here.
There's still some questions on what exactly they are - here's what I think
🧵👇
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3) Yuga wants to create *the* metaverse, not a siloed metaverse
this is:
- Decentralized
- Interoperable
- Ownership
- Any NFT/character can play (more on this below)
- Money is real
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In contract, protocols are like "standards"
The one we're all familiar with is Email, which uses SMTP, or Simple Mail Transfer Protocol.
It's the standard protocol for sending emails across the Internet - every email client from Google to Yahoo uses it
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Old cut vs new cut, before and after Punks acquisition
Whoever leaked had the old version 👀
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The big thing that protocols let you do is "transfer" your account - or interoperability
If you don't like using Yahoo because you think their layout is ugly and you're getting too much spam, you can always port it to Gmail and use their client instead
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say what u will, but 10KTF really fucked around and got put on a Gucci bag
100x more than what most projects have done
absolute GOAT business development right here
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The Merge: how it will impact ethereum inflation, gas fees, and energy
🧵 👇
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Yuga could be the next big tech company that defines a decade.
They're doing everything right while sticking to the decentralized web3 ethos.
Any NFT project can drop an ERC-20 coin, very few have done it right.
Yuga might be the first with ApeCoin
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"it's only by contrast do we know black is black, and white is white" -- Alan Watts
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Yesterday, I said goodbye to this crazy grin mfer
I minted this mutant almost 2 years ago right around the time I went full time into web3 and have been thankful to meet so many people and experience many moments of fun and joy
While I started out thinking that this mutant…
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SUPER excited to not only attend the
@cryptopunksnfts
event at
@beeple
studios, but also bring it to you at home
Watch our live coverage on
@THEDAMSHOW_
YouTube this Saturday!
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and check out my substack for more deep dives
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Dookey Dash is DONE.
Let's take a look at the final Powershart stats
First up: Daily ApeCoin spent👇
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While the
@goblintown
floor has come back down to earth and is below 1 eth, let's look closer at the royalties.
With a creator fee of 7.5% and 49,000 ETH in total volume,
@truth
has made 3675 ETH in just royalties
or $4.777M with a free mint, meme culture, and speculation
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🧐
@10ktfshop
Speculation: amongst all the pictures being taken by the paparazzi for BOSS_APE's arrival, there was a secret wallet snapshot taken too.
For what? Possibly mech materials and tools 👀
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