Proph3t
@metaproph3t
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Following
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co-founder @MetaDAOProject. hacker and aspiring cult leader
Joined July 2022
if you bought anything on this shopping list, you are now poor
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crypto is 1 person digging a hole, 10 people debating the best way to dig holes, and 100 people betting on how fast the digging will go.
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Tomorrow, most eyes in America will be on Polymarket, an app built on Solana. Pretty darn cool.
Tomorrow, most eyes in America will be on Polymarket, an app built on Ethereum. Pretty darn cool.
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I just really like Solana. the system design, the culture, the builders, everything.
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after thorchain and luna, can we please please please. never use endogenous tokens as collateral ever again. if your defi protocol depends on your native token having value, you are actively putting your users at risk.
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unpopular take?. tokenomics is more important than product. product is solvable, bad tokenomics will irreversibly destroy trust with users.
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none of these things are cults or movements, they are groups of people who are coordinating to dump on retail.
Top 7 Cults in Meme Crypto IMO. Giga.Mog.Ticker bitcoin.Spx6900.Retardio.Apu.Remilia.
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kinda crazy that none of the token2049 talks are uploaded yet while all of the breakpoint presentations were uploaded same-day. speed is in solana’s blood 🔥🔥🔥.
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METADAO: THE BULL CASE. 1: THE WORLD IS FULL OF POOR DECISION-MAKING . In 2011, the new CEO of JCPenney eliminated sales, coupons, and discounts in favor of “everyday low prices.” It turned out that customers valued the feeling of a good deal: JCPenney's revenue declined by
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actually, pump is one of crypto’s most cypherpunk projects:.- built by anons for anons.- onboarding more people on-chain than any other app.- popularized bonding curves, a 2017-era ethereum idea.- allows permissionless asset creation.
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.@VitalikButerin has written 3 blog posts about futarchy and Ethereum has 0 live futarchies. @aeyakovenko has written 0 blog posts about futarchy and Solana has 2 full futarchies and 7 organizations that partially integrate futarchy.
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what if we forked pump fun and gave all the revenue to the users?.
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🎭.
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might fuck around and develop a gambling addiction to understand the target user better.
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loving the replies to this.
Bro does not want to be doxxed AT ALL 😂😂. Mask + voice changer at breakpoint is nasty work 😂😂
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I wrote a guide for people learning about and considering contributing to @MetaDAOProject.
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every day I'm happy that I left Ethereum. there are a few Etherean cultural attributes that I wish Solana had, but it becomes clearer and clearer that Solana is on its ascendant arc while Ethereum is on its decline arc
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pump is net good for solana and if you don't think so it's probably because you have an idealized view of crypto users that doesn't correspond to reality. adapt or gtfo.
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crypto doomerism 🌧️.- memecoins are crypto’s only use-case.- narrative > reality.- once i make it, i’m out. crypto optimism ☀️.- DeFi will eat TradFi.- we can and shall re-engineer human coordination.- in it to play long-term games with long-term people. I pick ☀️.
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feels like DePIN is the only part of crypto that looks like an actual industry.
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mask stunt worked, already have gotten a decent amount of inbound. starting to learn that marketing = being different.
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ever since I’ve been in crypto there‘s been a cabal of people who contribute very little but speak at all the conferences. just realized that I didn’t see any of these ppl on the breakpoint schedule.
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Only blockchain narrative that matters:. Bitcoin invented it, Ethereum generalized it, and Solana scaled it.
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who’s ready to trade THE WORLD’S FIRST KPI-BASED DECISION MARKET???. coming today.
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if you've done literally nothing in crypto, you've done more for the space than most of the popular accounts on CT.
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gm
This week, @sanctumso will start rolling out governance with @metaproph3t and @metanallok from @MetaDAOProject. Governance, as of today, often falls short. It is either a rubber-stamp exercise to approve what the core team actually wants, or it devolves into pointless squabbling.
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if I could summarize what I've learned in the last 12 months at MetaDAO, it's:.- by far the biggest advantage of futarchy is solving the principal-agent problem. the other stuff rounds to 0:. - metric-based markets probably ngmi, not a 10x improvement. - "DAO-as-a-Service" to.
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is it imposter syndrome if you constantly feel like you’re not grinding hard enough, that you’re lazy?. anyone else have this? any known workarounds?.
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"team will have 0 tokens at TGE and will only earn tokens on Product Developments determined by Futarchic Governance". incredibly, unfathomably, extremely, and astonishingly based. futards - we must buy this token.
$FAF is coming soon. Read all about Product Driven Inflation, the Flash Vault, and Transparency in our token's One Pager. 📄. Keep an eye on the link below for future updates. 👀
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comment below if you’re futarchy-aligned 👇. futards follow futards.
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I used to be a technology brother, then I realized that institutions were 10x higher leverage. silicon valley is already really good at solving startup-sized problems. most human suffering today isn't caused by lack of technology, it's caused by misaligned institutions.
i'm not convinced that intelligence/capability is actually the bottleneck to solving the major problems facing humans. it's coordination.
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😭
Devs gathered in a hacker house are testing out a radical form of governance. Called "futarchy," it entrusts the market with total control. @realdannynelson reports from @mtndao on @MetaDAOProject's experiment in "futarchy.".
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on a call with a prospective builder for the launchpad and we just watched mtnCapital pass $2,000,000 😱
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coinfession: I hold 0 SOL. half ported at ~$25, built a model that calculated fair value at ~$140, exited at $185 a few months ago. I could miss out on huge gains this cycle, but this is OKAY. my skill is having high conviction when others don't, not knowing how crazy a banana.
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if you are high-agency engineer who's in crypto for the long-term, I want to talk to you. DM me for the opportunity to be at the forefront of a movement that will change the way our institutions are governed.
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a memecoin where you mine coins by tweeting about the memecoin.
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someone just told me that I would be 3x more effective at communicating MetaDAO if I were doxxed. thoughts?.
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offering a $10k bounty to anyone who can connect me with this person. the role:.- full-stack engineer / problem-solver.- work on the frontier of markets, DAOs, and decision-making.- in SF or willing to relocate.- $140,000 - $270,000 cash, 0.5% - 2% token upside.
have you ever wanted to replace your manager with an open and permissionless market?. we’re hiring.
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have you ever wanted to replace your manager with an open and permissionless market?. we’re hiring.
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I heard you guys like TPS, so I wrote a Solana token implementation that quadruples maximum throughput from 28.5k TPS to 115k TPS. short thread.
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if someone uses the term "web3," I tend to apply a 20% discount to the rest of what they've said.
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jfc, @OREsupply community goes hard. this was their discussion of @HardhatChad's futarchy monetary policy proposal
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Celestia is currently trading at a $19B FDV. how hard can it be to fork the codebase, recruit some good validators, and reach out to L2 BD teams?. or is TIA a currency now too?.
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the bull case for Solana is that it’s the only chain with both great tech and a great ecosystem.
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first you realize markets are good at predicting the future. then you realize markets are good at deciding the future. futardio.
first you realize markets are good at predicting the future. then you realize markets are good at deciding the future . futardio.
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my token2049 takeaways:.- noone is building apps on solana (dead chain).- singapore is a dirty shithole.- we need more tokens.- berachain fundamentals are strong, not sure if it has enough hype tho.
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we are all Proph3t.
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futarchy takes the thing crypto users love to do (speculate) and uses it to accomplish the thing crypto users hate to do (governance).
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business idea: buy SOL at $135, sell it at $180, rinse and repeat forever.
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the mechanism has accepted its creator
Crypto-governance group MetaDAO is hiring Robin Hanson, creator of futarchy, as an advisor. @realDannyNelson reports.
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if they call themselves an entrepreneur, they’re an entrepreneur. if they call themselves an investor, they’re an investor. if they call themselves an entrepreneur and investor, they’re a podcaster.
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just met someone working on a futarchy political party in japan . futarchy isn’t just another buzzword, it’s a movement.
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this decision market concept sounds big, I wonder who’s doing that….
From prediction markets to info finance:.
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I was told that ppl don’t read and yet my articles get 10x more engagement than my tweets.
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maybe I'm hallucinating, but I genuinely think that @MetaDAOProject will be the fourth cultural turning point in crypto. Bitcoin -> Ethereum -> Solana -> MetaDAO. will take time to see how this plays out.
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95% of CT and 99.99% of the world still hasn't heard about futarchy. it's going to blow their minds.
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so yeah, $MTN is now live! $213,750 contributed in the first two hours
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Ethereum drama very bullish for futarchy. demonstrates that deep down, the thing that people care about is the price of the token.
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not normally into hustlepoasting, but it's 10pm in SLC and I finally got the new conditional vault working. it will enable you to run markets for ANY decision and ANY metric. want a market to determine whether your DAO should give a grant? you got it. want a market on whether
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all the reasons why Solana is fast. a bullet-point thread. hint: only 3 of the 18 reasons are hardware.
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some of the biggest projects in crypto - bitcoin, ethereum, solana, uniswap, helium - were radical ideas that defined new metas. it’s becoming increasingly clear that metadao will do the same.
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HUGE.
Over the next 3 days, Jito DAO will be voting to adopt Futarchy for their NCN grants program! . JTO token holders can vote now at: You can learn more about the proposal here: Read about the mechanics here:
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I usually have one focus point in my life, and let the other stuff run in the background. in school this was “how do I grind up the ranks at {video game x}?”. last year to mid this year it was “how do I create an early community of diehard futarchy believers?”. now it’s “how do I.
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$MTN about to pass $ai16z in NAV. there’s a new DAO launchpad in town 🤠
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I used to think that blockchains would win because DeFi > TradFi. I'm starting to think that blockchain adoption will be led by totally weird and crypto-native things (futarchy, new forms of currency, etc.) and that DeFi will eat the financial system because it's the hub for.
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I just quit my $32,000,000 job as the CEO of IBM to build a new note-taking app. here's how it will 10x your productivity and your life 🧵👇.
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every day I become more obsessed with our product. how can we make it as simple as possible, how can we minimize the number of clicks, how can we make it more engaging, etc.
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