vibhu
@vibhu
Followers
23,499
Following
1,538
Media
1,543
Statuses
22,442
Founder, CEO @drip_haus . Previously founded @solanaspaces and @b8ta . Wrote code at Google, Nest, MySpace, and Roblox.
Austin, TX
Joined April 2008
Don't wanna be here?
Send us removal request.
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tldr; on
@drip
thesis
creators of digital content (data + media) don't get paid, most of the money is made by aggregators (google, fb, etc.) w virtually unbreakable network fx and 90%+ gross margins
this lead to internet ux becoming increasingly bad over last 20 years: paid,…
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An opinion I've been afraid to share: I think that DTC has failed, overall.
I've helped launch more brands than anyone else so maybe there's something to it.
The brands we hold up as beacons have been unprofitable for years. Every IPO tanks. Acquisitions are quickly sunset.
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We are sponsoring a side track of Solana's Renaissance hackathon by
@ColosseumOrg
called "Future of Collectibles on Solana," with $25,000 in prizes.
The goal is to explore utility, fun, and tooling for
@drip_haus
collectors and creators.
Build for DRiP and you're building for…
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Top of our leadership meeting every week: which of our SF stores were broken into, vandalized, which of our SF employees were harassed, how many windows were broken.
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Ideal crypto founding team:
• 1 gigabrain CTO
• 1 savant Designer
• 1 completely idiotic, borderline demented Twitter addict
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Ok, a lot of people want their first
@drip_haus
🟥 Ultimate.
I’ll give away one from my personal collection by
@PixelChecks
.
To qualify, follow me, RT, and drop your DRiP wallet.
Must not have any stupid tickers or airdrop farming things in your Twitter name.
Winner tomorrow.
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In March 2020, I was running a fast growing global retail business called b8ta, on track to do well over $30 million in revenue and as much in GMV. Our last private valuation was near $200 million.
We had just expanded our business to Japan, to EMEA, launched 3 new categories,…
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The blockchain Toly founded is worth $65 billion with unprecedented activity but he saw my tweets and created a group chat to propose solutions for DRiP's issues scaling on Solana
Incredible leadership
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We are really lucky to have Toly.
He could have disappeared. He doesn't need to work.
But every challenge thrown Solana's way, he's shown up, engaging, destroying FUD, being a rock for our ecosystem.
You never see negativity from his mouth.
Leadership of the highest quality.
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Controversial take that honestly really shouldn't be. But want to put on the table a topic that has been happening in many private conversations.
Solana is going to have and needs to have L2s and/or rollups.
I don't think these will manifest exactly like the Ethereum ecosystem,…
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I did not appreciate how many people onboard into Solana when there’s a run up in token price
Our sign up and engagement numbers this week are off the charts
Peaks in pretty much every area
Welcome to Solana and hope you stick around
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Solana isn't for the poors.
I wish our community would stop uttering this self-deprecating nonsense. There was a time for it, but let's attach ourselves to something more positive.
Solana is for practical people.
Solana is for people who value performance over philosophy.
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Twitter just suspended one of our incredible artists,
@degenpoet
, who makes a living from Twitter, just like us.
And to boot, we pay $50/month for his affiliate badge and Twitter Blue.
No message about why. Just here, and then gone.
Please help
@Arj_SR
@Austin_Federa
🥹
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When I was 29, one of my employees made 30-under-30 for her achievements with us
She was with us a total of 3 or so months, and I had let her go months prior to the publication for poor performance
In case you are wondering how inconsequential the charade is
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Have never mentioned this publicly, but we have stores all over the country and crime/employee harassment in our San Francisco stores (mostly Hayes Valley but now Chase Center as well) is 10x the rest of our stores combined.
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At NFT LA, someone asked me if I was doxxed. Which was hilarious to me.
I'm not anonymous AT ALL. My name is Vibhu Norby, and if you wanted, you could find anything you desired out about me.
But here's my winding life story for all of my new Web3 friends. 👇
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If you're under 30, you don't know.
There was a time when FB, Twitter, IG were building towards an open web.
One could build games inside of FB, use any app to access Twitter.
All of the content and data was freely accessible via API.
IMO, that was the internet at its best.
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I am convinced being married with kids is literally the most efficient founder archetype
- No time wasted on Tinder, dating, courting, wedding planning
- Friends never invite you out
- Money always tight so no vacations
- No greater high/motivation than when kids are in school…
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Made my first ETH purchase in years to support my friend
@urbrobecc
, who launches a channel tomorrow on
@drip_haus
. 👀
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A lot of work is necessary to ensure Solana continues to be the best chain.
It will be easy to dismiss the transaction failures, slowness, and higher fees that we are all experiencing as being still better than our incumbents, and therefore acceptable.
It will be easy to…
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“Why are there so many Indians on DRiP? Must be bots”
My brother in Krishna, do you know how many Indians there are in the world?
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A year ago today, I wrote a note to the Solana community that we were shuttering Solana Spaces, the beloved stores that my team and I had created.
There was no money left after FTX. We couldn't get our partners to provide the requisite capital to grow in that difficult time (in…
The following is a note from our founder,
@vibhu
.
Dear
@solanaspaces
community,
We’ve made the difficult decision to sunset our stores in NYC and Miami by the end of February, and to pivot our Solana onboarding efforts into digital products like DRiP, our free NFT product with…
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We will not launch on other chains.
If you want free art, comics, music, videos, and in-game assets, get a Solana wallet and join 400k+ on
@drip_haus
.
If you don't want to try Solana, that's fine.
You'll be missing out on the most fun and accessible product in crypto. 🤷♂️
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Please welcome
@creativedrewy
from
@solanalabs
to
@drip
💦
He’ll be building DRiP for iOS and Android.
The 6th team member, Andrew will help us build 5% faster 💪
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Solana has some of the most hard-working, undiscovered, and underpaid talent on the planet that are hungry for opportunities to grow.
One of the best reasons to build a company in this ecosystem.
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I just recorded a 30-minute run-through of our entire internal data stack, all of our metrics including UA and UR, bot detection, revenue etc.
This is for the true data nerds and is a completely raw unedited video.
You can come to your own conclusion 🤷
"lying to impressionable retail is dishonest"
Coming from a guy that constantly propagates manipulated Solana metrics
Such as drip_haus 100K DAU, when they consider any DAU as wallet signed in (totally not farmers)
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Putting this out there again:
Drip Labs (the entity that owns and operates DRiP) has received $0 in funding or grants from Solana Foundation nor did we ever ask. Less than 5% of our $3.2 million in seed funding came from angel checks from people that work at Solana Foundation or…
If you fade
@drip_haus
, you fade Solana. This is for a select few of you. You know who you are.
DRiP is the purest OPOS product we have on the NFT side right now. It is actually impossible to replicate on any other chain with reasonable economics. And it's been a worthy…
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I am potentially looking for someone to run the
@drip_haus
+
@drip
Twitter + Farcaster + Solarplex so I can do other things.
Would be a full-time or full-time contract position with long hours expected, 7 days a week, with excellent pay.
These accounts are my babies, and…
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Every-so-often reminder that there's no token airdrop planned for
@drip_haus
, and anyone telling you otherwise is farming you for engagement or not informed.
That doesn't mean you won't receive gifts from other projects like what Dymension did in January. But there won't be one…
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Ansem and Eddie are friends so no shade
But they are advertising a life that 99.999% of you will not achieve by flipping memecoins
Invest in great products, creators, companies, and builders, and hold for the long term
And you will be happy and rich
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It's completely rational for young people to hate crypto.
It has been full of scams. No young person was around to buy any of these coins early. NFTs have been a broken promise, and NFT bros are the worst bros if we're being very honest.
We have not only damaged ourselves and…
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If you fade
@drip_haus
, you fade Solana. This is for a select few of you. You know who you are.
DRiP is the purest OPOS product we have on the NFT side right now. It is actually impossible to replicate on any other chain with reasonable economics. And it's been a worthy…
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Solana community and founders verbalizing their frustration with performance and fees instead of sweeping under the rug because the token is up is hugely bullish
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There's going to be an app that breaks big outside of crypto and changes everything.
That app has a big responsibility.
It needs to:
- Start free
- Be mobile first
- Hide seed phrases
- Be addictive
- K factor > 1
AND...completely reset the way people talk about crypto.
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The UX of the internet is broken.
We littered it with ads. We paywalled breaking news. GDPR banners on every page load. We let disinformation run rampant, and allowed social media giants to run elections. We put subscriptions on infinitely expanding content catalogs. How does…
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Open offer to OG Solana or Ethereum PFP projects with awesome art and enough traits to generate up to 500k unique NFTs:
We’ll give you $$$$$ to generate all possible combos and airdrop them free on DRiP.
We get growth. You get to catapult into the future.
DMs are open.
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The huge Solana wave bw Dec and April was exciting and challenging
We peaked at 160k DAUs and saw more than half a million people onboard onto the platform. Many many low quality wallets but it is what it is
It ended with congestion starting March 2, and the chain getting…
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Tired of the religious wars between chains. I don't want to feed into that energy any more.
There is no one way, we are at no more than a few million real DAUs across all of crypto.
The goal is to build a better internet and financial system, owned by the people. Period.
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110k logins
105k donations
300k new subscriptions
that used to be an entire month on drip
now it's just an average wednesday
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Once a quarter reminder that
@drip
was built on the back of
@solanapoet
DP says yes - DRiP has permission to break the traditional NFT model
DP says no - we fade away into irrelevance
When people and peers hated early on, DP kept dropping. He didn’t care that there was no…
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In our first month with revenue:
61% of
@drip_haus
Creators made > $1,000
88% made > $500
All made > $100
100% of payouts were funded by Droplets sales + DRiP was unit profitable inclusive of all infra & all onchain fees
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In D.C. today with
@SolanaFndn
to meet with policymakers and help protect the future for crypto creators in the United States 💪
Will report back later today
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There’s no $DRIP token airdrop for
@drip_haus
planned.
Just putting it out there, again.
We believe in what we’re building, and won’t pretend there’s a token coming to drive artificial usage.
If you like the product, stay. If you just want a token, you’re wasting your time.
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Prepping for a DRiP Channel
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If I was designing Saga 2.0, here are some of the things I might think about:
I would not present it as a phone, rather as a pocket-sized proof-of-humanity device that unlocks crypto rewards from top apps & protocols.
It's the most rewarding device ever manufactured.
Instead…
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So long, San Francisco. 🌉
We've moved to Austin, TX. HMU!
I came to the Bay Area in 2009 to work at startups. It's all I ever wanted to do.
It was an awesome 14 years. SF is a great place to dream big. But it's hard to raise a family here.
We'll be back one day.
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Web2 me: Raised $50 million, 10 likes
Web3 me: Raised $3m, 900 likes
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This week we signed new DRiP channels for...
- A Prime Minister & one of their Govt agencies
- Non-profit in Kenya
- 50m sub Youtuber
- Major athlete rep
- 2 artists with 100k+ on Instagram
- Fun blockchain game
- Landscape photographer
Launching bw August 18 and Oct 13
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Some of you are forking mad.
This isn’t a fight about whether X or Y is a security, or Alameda, or any of that.
This is a fight about whether the future economy is software-designed or policy-designed.
We need to band together. Especially US-based founders.
I have a plan.
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DRiP:
Only product here without a token or promised token
Sandwiched between billion dollar companies and protocols
Built with ~$1.5 million and a team of 8
Come at me 🤣
Traffic, traffic
Lookin’ for some traffic?
Explore's driving millions of clicks, check out this graphic:
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Heard a story today that a collector effectively blocked a top artist that wanted to join us.
If you’re this artist, DM me and I will buy your art from them and/or help you figure it out.
If you’re inspired by DRiP, you should join. Nobody should tell you how to create. Period.
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Finally have a second to address the outrageous amount of bad info in the comments about
@solanaspaces
, including this viral post
1/ Solana Spaces is not
@solana
, it's a new startup that I founded to tackle some big retail ideas, no equity relationship w Foundation or Labs
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The other day someone said to me “boy you seem to have a lot of time to tweet.”
Idk who needs to hear this but if you’re a founder in 2023, especially in crypto, you cannot be loud internally and quiet externally. That used to be the way but it isn’t anymore.
Modern leadership…
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10 of my beliefs as a founder:
1. Start a movement, not a product. Acquire believers, not users.
2. Take extreme positions even if the reality is gray. It helps filter ideas faster.
3. Win big or lose everything. These are the only two outcomes that matter.
4. Trust everyone. It…
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Another record-breaking week at
@drip_haus
.
- 62,000 donations
- $25,000 paid to DRiP Creators
- 520,000 new creator subs
- 200,000 secondary sales
- Averaged 50k DAUs with 90,000 unique users (all-time high 30-day MAUs today at 190,000)
- 2.2 million total visits
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The core of DRiP is supporting independent creative endeavors.
Every creator economy tool today has more or less become a charitable payments gateway.
But creators need more than payments. They need fans that root for their success from day one, and help spread the word.
This…
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DRiP engineers made a huge breakthrough on fraud over the last week
I am fairly sure
@drip_haus
runs the most advanced ML model for fraud and bots in all of crypto. It is likely better than what Twitter is running to prevent bots, because it is not trained on content alone…
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4 years ago ago yesterday my startup relaunched Toys R Us stores in the USA post-bankruptcy.
I've never shared this before and it was left unfound since that day.
Several weeks prior to the launch, the hedge fund we worked with on restarting and capitalizing the business, named…
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Solana will be the digital collectibles chain.
We are in the midst of a transformation where ideas that are "only possible on Solana" will become Solana's flagship brands, NFTs, and apps.
It shouldn't be that surprising to see things leave that are "also possible on Bitcoin".
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Honestly, it doesn't matter what anyone on Twitter thinks about DRiP.
Success is creators re-platforming with us, bridging their audience, and DAUs growing in lockstep.
This is an unstoppable flywheel.
My job is simply to figure out how to spin the flywheel faster.
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DRiP fud or fan starter kit. Just pick any of these question/answer pairs and become a fudder or fan. It’s that easy to adopt a metaverse role.
“DRiP is spam”: all DRiP collectibles sent are opt-in and always have been
“The NFTs are worthless”: Degen Poet just sold a DRiP…
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By end of 2025 an engaged user will spend 8 hours/day on
@drip_haus
Collecting
Chatting
Creating
Making friends
Listening to music
Watching videos
Watching live streams
Trading
There are already some who spend all day thinking about DRiP
And we haven’t built anything social
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When you browse Facebook or Google, you don't think about whether $FB or $GOOG is up or down.
But you think about the price of SOL or ETH when you use crypto apps.
It doesn't have to be that way.
The design paradigm and metaphors in wallets are just fundamentally flawed.…
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Update for creators waiting to join
@drip_haus
.
We still remain exceptionally backed up, with > 1000 waiting to join and the list growing by 100 per week. There are around 80 creators who have been onboarded through a call but still do not have a date.
We are adding two weekend…
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As we cross 15 million NFTs sent, I see our airdrop costs growing exponentially. 😱
Then I realized it all still adds up to less than $2,000 😂
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10k likes and I'll do it
@ceterispar1bus
@friendtech
/ $FRIEND to $100?
@farcaster_xyz
/ $DEGEN to $10B?
@fantasy_top_
to $1B?
@ggdotzip
launch soon
& we somehow convince
@drip_haus
to drop a token?
sounds good to me
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There's a good chance this app takes NFTs mainstream
No pressure
@creativedrewy
Claim, buy, and give. From wherever you are.
The DRiP app is coming soon.
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The SEC needs to hear from us.
If you're a US-based founder with a US-based company building on Solana, please DM me with your Telegram handle.
We're taking action, together.
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Next 1-2 months for
@drip_haus
Fix the economics / congestion issues
Fun new twist with all collectibles
DRiP Pro
First social features
Music & Comics
And, oh yeah...
MOBILE
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We are making some sweeping changes this month to
@drip_haus
that are the riskiest tweaks to the model that we’ve made since we started.
DRiP is a constant WIP; we will not rest until millions enjoy it every day.
What got us here won’t get us to the next level.
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DM me if you want to give ~400,000 mostly newer-to-Solana people free money, I can get you a clean snapshot without bots / multi-account wallets.
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DRiP is a giant wave
If you aren’t prepped or paying attention you will drown
Some people are learning how to swim, some are building kayaks, some are building cruise ships
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100 million
@Solana
collectibles
550 SOL
Averaged SOL at $30, so $16,500
Last night,
@amir_hamz_
minted DRiP's 100 millionth collectible: "Neo Mugen : Punk", a collaboration with
@MugenHachi
.
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50% of community loves the update
50% hate it
Perfect update
Now we fix the things the haters don’t like
It’s really that simple
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