Collector, Degen, Purr, Non Fungible Idiot, Digital Treasure Hunter
Purrington Estates
Joined March 2021
- Tweets4.4K
- Following1.3K
- Followers1.2K
- Likes9.1K
edge retweeted
One year after the launch of Fragments of the Lonely Road. 🌊
The biggest update to the Breeze profile is coming, and it’s a lot.
Watch this, then read on 🧵👇
edge retweeted
finally, $RAREFRIENDS is available on fomo
our contracts were recently flagged by providers because of eccentric logic i presume
thankful for all the peeps who connected us
fomo.family/tokens/robinhood…
edge retweeted
The enormous attention around Rare Friends has inevitably attracted some of the most talented botters.
We wanted to make sure people who qualified for the WL had enough time to mint without over allocating. To this day, we have not added new people to this whitelist to be fair and transparent.
There is a tough decision we need to make but one that is the best for all Rare Friends. The remaining 48 FCFS whitelist mints will not go to public. This 48 Genesis supply will be converted into tokens which will then be burned into Generations. The result will be Gen-1 Rare Friends for activations. This ensures that the $RAREFRIENDS token and Genesis NFT markets remain insulated and deflationary.
If we let this mint go public it will immediately be botted within the same block.
There is no chance a normal participant would actually get any one of the 48 remaining mints.
We have witnessed these botters firsthand in the moments after the auction claim with zero intention to activate/play Rare Friends. That's fine. Game is game.
We sincerely apologize and by no means were we trying to dangle a carrot in front of WL participants for days.
Rare Friends is for everyone, without exceptions. We are airdropping whitelist participants Gen-5 Rare Friends. Activate or promote it to higher generations on our website.
edge retweeted
$RAREFRIENDS fair launch.
Rare Friends are for everyone. Genesis is capped at 1,024.
Hold tokens, Rare Friends appear in your wallet, hardwire to collect crypto.
rarefriends.com/launch ETA 2 hours from now (block 63705000)
edge retweeted
quick rundown for $RAREFRIENDS AUCTION in 2 hours
- $1m FDV starting floor via uniswap CCA
- 6.25% of supply
- offered gradually over ~24 hours
- 100% put into WETH/RF pool
get Rare Friend that collect crypto starts with as little as 1 token
rarefriends.com/launch
details: rarefriends.com/docs
$RAREFRIENDS fair launch.
Rare Friends are for everyone. Genesis is capped at 1,024.
Hold tokens, Rare Friends appear in your wallet, hardwire to collect crypto.
rarefriends.com/launch ETA 2 hours from now (block 63705000)
edge retweeted
Snapshot taken. Whitelist closed.
WL: today 4:00 PM ET. Public follows
First come, first served.
Friends mint on @opensea
edge retweeted
Now that I have everyone's attention, I want to explain what I am trying to build and why.
I want to sell tamagotchis that hold @RareFriendsNFT. If successful, I become the biggest buyer of $RAREFRIEND. And these tokens will be burned as I “hardwire” NFTs. My incentive for doing so will be the same as yours. The way I collect my reward is the same way you collect yours.
Rare Friends will be completely decentralized after mint. The artwork lives on-chain. Reward payouts on-chain. Even animations are written in Solidity and rendered on-chain so anyone can build on it.
I discovered Stonkbrokers in July and had the same feeling as when I first discovered CryptoKitties. I wanted to go back in time and relaunch everything with the flywheel but there’s one thing that needs improvement: scale.
As price goes up, potential for economic scale and participation goes down. Unique NFT holders stay flat.
My innovation to Stonkbrokers/Quotrons fixes that and takes inspiration from Bitcoin’s divisibility. A person who “stacks” satoshis is buying bitcoin. A person stacking $RAREFRIEND is buying Rare Friends.
They get the same experience, one just has more weight.
I will be incentivized the same way as Rare Friends’ holders. I’m not taking a single wei from the mint. Not even a creator royalty on swaps. All fees earned through the Rare Friends flywheel will go to every Rare Friend. In full transparency, my incentive for building on top of Rare Friends is 64 NFTs that I am minting myself.
Thank you to Satoshi, SimpleFarmer, Quotrons, CryptoKitties, Doodles, teammates, and friends. Every part of Rare Friends carries something I learned from you.
edge retweeted
Everyone should be able to access high-quality financial assets, wherever they live.
That's what tokenization unlocks: taking the best of US capital markets and making them available on a global scale.
The industry is still small compared with global finance, but the advantages are becoming harder to ignore. Traditional market infrastructure was built around fixed hours, closed networks and layers of intermediaries. It was never designed for 24/7 execution, programmable assets, composability or self-custody.
The needs of investors have moved faster than the rails underneath them. We're working to change that.
What gives me confidence is seeing how many different people are now pushing this industry forward. Founders are building new products, LPs are bringing liquidity, traders are finding new uses, and infrastructure teams are making the whole thing work.
It's a privilege to be in the trenches with all of you.
We are still early, and there is a huge amount left to build. It will also take time and effort for the old guard to get onboard. This is worth fighting for.
edge retweeted
the very first post i put in @RektMkts on 20th july re @RobinhoodCrypto
been writing thoughts in here every day since
mkts.rekt.com/join
edge retweeted
Day five of the practice run, and the last one.
5,598 tradooors died in the last 24 hours, more than the first four days combined. 3,816 of 10,000 remain. The floor rises to 80x today and the bell rings at 12PM ET.
$REKTX4 leads at $1.48M, up 1,378%. tradooor.rekt.com
edge retweeted
If you're wondering why ethereum:0x07f5b6823751c2e2cd4560f28af75ff887102241 is pushing $500M, it's because the market is starting to price it against solana:pumpCmXqMfrsAkQ5r49WcJnRayYRqmXz6ae8H7H9Dfn
Pumpfun:
→ ~$1.7B market cap
→ ~$1.65M fees yesterday
→ 50% of revenue buys & burns solana:pumpCmXqMfrsAkQ5r49WcJnRayYRqmXz6ae8H7H9Dfn
Pons:
→ pushing ~$500M market cap
→ ~$1M fees yesterday
→ 80% of protocol revenue buys & burns ethereum:0x07f5b6823751c2e2cd4560f28af75ff887102241
Pons is already doing ~60% of Pump's daily revenue at less than 1/3 of the valuation
And arguably the biggest difference is distribution
PUMPFUN has a massive insider supply selling into a protocol funded buyback bid
ethereum:0x07f5b6823751c2e2cd4560f28af75ff887102241 was an organic runner that was forced into price discovery from day one, with far more of the move driven by retail
Very different holder base
There’s also a quality of revenue difference
Pump’s cheap trading makes it easy for launchers/MMs to do huge volume and inflate fee stats
Pons has been far more organic/bid driven, with less dev controlled volume
Not all revenue is created equally and in my eyes pons is dominating (currently) in organic rev
