Web3Thug 🔺

1.3K posts

Web3Thug 🔺

Web3Thug 🔺

@Web3_thug

I’m here in web3 to feed my village.| This is my personal space. I post whatever content I like. and As always DYOR. Chelsea fan. Come on Chelsea!!!

参加日 Aralık 2023
719 フォロー中4.2K フォロワー
Web3Thug 🔺
Web3Thug 🔺@Web3_thug·
@Mrbankstips There’s no monopoly to enjoy, that’s why the so called billionaire entrepreneurs will never touch it. Nigeria has created a distorted incentive for market operation where people become billionaires not from solving problems but from exploiting Nigerian via political connections
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MrBanks💰
MrBanks💰@Mrbankstips·
200M Nigerians don’t have super fast, super reliable internet service. Why isn’t anyone working to fix this?
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Web3Thug 🔺
Web3Thug 🔺@Web3_thug·
@OgbajiIfeanyi If the bill does not include the cost to be awarded against the government when it fails to provide security then it’s null and void. Government should also be held accountable for any life lost or property damage caused as a result of people’s compliance to the new bill.
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IFEANYịCHUKWU!!
IFEANYịCHUKWU!!@OgbajiIfeanyi·
The House Of Assembly that passed this law respected this order and wasn't sitting on Mondays!! I'd rather do 3yrs jail term than end up like that Amazu Mgbuka Chairman. If government fail in their basic responsibility, " security of lives and properties", they should own it, than hide under "market bill". A living dog better pass dead lion.
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Web3Thug 🔺
Web3Thug 🔺@Web3_thug·
@Big_Mck I think you’re over simplifying the issue. It’s not in the interest of these companies to give us electricity. Businesses that already make tidy profit supplying darkness what’s the incentive to supply electricity? The Nigerian government has always promulgated foolish policies
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Biggest Mack
Biggest Mack@Big_Mck·
These 3 guys can give 24/7 electricity in Nigeria tomorrow morning if you guarantee them profit today. They own and control major parts of power generation in Nigeria. But you want it cheap. And rightly so, because you deserve it cheap. But the Irony is that you also support and defend the very system that makes it possible for these 3 to control your power sector for profit. Capitalism. You worship them. When the IMF and World Bank advise your national assets be sold off to them, you will support it. Then later you will start wondering why you can have electricity, and your conclusion will be that Nigeria is cursed. Ignorance is the worst disease.
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Web3Thug 🔺
Web3Thug 🔺@Web3_thug·
@Morris_Monye I don’t have them any more. It was back in 2021. I had set up a Facebook page in anticipation for the goods. Immediately it arrived I simply abandoned the idea completely. Wish I archived all the images. Just checked I can’t even find the vendor on WeChat anymore.
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Morris Monye
Morris Monye@Morris_Monye·
This is a tricky business. You only get rich if you import in huge volumes.
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Web3Thug 🔺
Web3Thug 🔺@Web3_thug·
@Morris_Monye When I tried it eh, the clothes were so bad that I was ashamed to give them to charity. I had to send someone to take it to an orphanage if it will be useful for them. I couldn’t take it there myself. Then the vendor simply ignored me.
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Morris Monye
Morris Monye@Morris_Monye·
@Web3_thug Their heart is like stone. No emotions whatsoever
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MrBanks💰
MrBanks💰@Mrbankstips·
.@RedotPay I wouldn’t recommend. Don’t use them.
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big zik
big zik@Dewinner1111·
@Web3_thug @marjidofficial It’s useless Until u start earning referrals money people are making up to 300k on referrals only, one think I like about spenda is they don’t keep all the fees
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Marjid Cryptonite
Marjid Cryptonite@marjidofficial·
I laugh when I see people saying #SPENDA fee is expensive. Have you tried using GREY or CHEAPER CASH 🤣🤣🤣 After Una complain finish, una go still use #SPENDA app 😂😂. As Airdrop no dey to farm, people just dey find wetin dem go post to get engagement. I understand your frustration and that’s okay. No new META, Elon Musk no dey kuku monetize crypto related post so understand your frustration. Make Una relax 😀
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Web3Thug 🔺
Web3Thug 🔺@Web3_thug·
It’s fine if you personally like or admire Kwankwaso but I have seen some falsehood being pushed about him reluctantly implementing because of 2003 elections. This is completely false. He was sworn into office in 1999 and in the year 2000, a year later he became the second governor to implement Sharia law and boldly stated that it will apply to Non Muslims. So how does this relate to 2003 elections? If he had quietly implemented Sharia laws without imposing it on Non Muslims I don’t think anyone would have taken interest in him. If you have any contrary historical evidence that is verifiable please share I will like to read and update my understanding of the matter.
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Hamma
Hamma@HAHayatu·
"Why did Riley Moore and his colleagues single Kwankwaso out ? The explanation is straightforward. Kwankwaso was the only nationally prominent Nigerian politician who openly criticized the United States’ designation of Nigeria as a Country of Particular Concern. In a public statement, he argued that the designation was unhelpful, reduced a complex problem to simplistic binaries, risked exacerbating interreligious tensions, and that cooperation would be more constructive than confrontation " Farouk Ferogi
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cryptobaddie
cryptobaddie@ONCHAINBADDIE1·
Since I'm active asf now Decided to create a list Who wants in ? turn on my post notifs 🔔 i will add you to my list and engage you daily 100% support is guaranteed
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ZachXBT
ZachXBT@zachxbt·
The threshold for most firms is $100K at minimum otherwise it is near impossible to get law enforcement (LE) assigned to a case. Say you lost $10. I get the stolen funds frozen at a service or exchange. No LE is willing to work that case and no lawyer is either. There’s literally nothing I could possibly do in that scenario to get the funds returned. BUT if you lost $10 and there’s hundreds of other victims and the total is $100K+ you have a better chance of someone taking the case. It’s just the unfortunate reality of the world. When you receive 30+ requests for help per day as a single person it’s not feasible to help every person. I am only going to reply if I think the case is interesting and there’s a higher likelihood of success. I am also moving away from public goods work and have set a lot more boundaries as otherwise you get taken advantage of by people.
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wyck 📴
wyck 📴@wyckoffweb·
Losing $10 hits different when it’s your last $10. Everyone laughs until it’s their only funds.
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Web3Thug 🔺
Web3Thug 🔺@Web3_thug·
@D_Southernboy @chippercashapp Sorry for the unpleasant experience. At this age and time you should save guard your funds with self custody platform. No one should be able to lock you out of your funds. Check out @AviciMoney as they offer self custody of funds.
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SouthernBoy
SouthernBoy@D_Southernboy·
Update: @chippercashapp has now refunded the funds to the original source. Appreciate everyone who followed up, supported, and helped push this through.
SouthernBoy@D_Southernboy

@chippercashapp Over ₦68M of my funds has been stuck and frozen due to a restriction that has lasted for too long. This delay is causing serious issues for me. I need this resolved urgently. I’m ready and available to provide anything you need. Please act on this now. Please.

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Web3Thug 🔺
Web3Thug 🔺@Web3_thug·
Two reasons I will be staying away from the raise are; 1. Uncapped raise only plays in Favour of the early backers and we don’t know at what valuation they got in. 2. The time based unlock for Team token is a high risk. Team supply unlock should be based on performance and not time based. The team still has time to go back and restructure the deal.
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Proph3t
Proph3t@metaproph3t·
alright, this is going to sound a bit like a crash out tweet, but I've been told that sometimes winning requires looking kinda silly... we are now at $275,498 committed. this is approximately 10% of the goal. it's quite possible and likely that many people are waiting until the end, but in case you are not, I wanted to make the appeal... if you can stomach some risk, you should consider pressing those buttons on metadao.fi to commit USDC to Hurupay I'm pitching Hurupay in a way that I haven't for other projects because Hurupay had the unfortunate timing of raising in the worst market conditions of the cycle so what's the pitch? you can go read more in their article, but the TL;DR is: - seemingly competent Silicon Valley coded team - $800k revenue run rate; volumes growing 30%+ MoM - ownership coin, which implies tokenholder-friendly structure / terms why should you listen to me? the core of it is that at heart, I am an investor. I became a founder to solve this problem, but I cannot and will not remove the capital allocator from me. I have studied and participated in markets, from public equities to early-stage venture to crypto, for the better part of 10 years, and have a deep respect for the investor. while the market was hot and people would have funded anyone with a pulse who raised on metadao, we maintained ~1% acceptance rates for curated launches. to date I have owned all of the ownership coins personally. that's not to say I or we get everything right or have everything figured out. for example, we are learning in public what the exact right raise mechanism is. and we hear the friction around buybacks. but there's a reason why funds like paradigm have doubled down on us after having worked with us for a year - we live and breathe markets and operate with high integrity. so with all of that said, I believe Hurupay is a +EV launch to ape. let's go over why the structure tilts the odds in your favor: - ~40% float, so no low float / high FDV - legal structuring that is built to align the business (IP, revenues, etc.) with the token - the team doesn't start unlocking for 3 years. can you think of anyone who wants to pump-and-dump a token who's willing to sit on their token for 3 years? - the treasury is totally transparent onchain and under market oversight. unlike trove, or many many ICOs, the team can't just walk away with the money on day 1 or disappear and slow rug the project. I don't believe the Hurupay team wants to do this, but even the best VCs get hoodwinked sometimes (see FTX) so it's better to be protected. importantly, +EV doesn't mean "no loss" or without risk, and here are some of the relevant risks: - like with most things onchain, there's smart contract risk - there's mechanism risk specific to decision markets - this is a very new legal structure that's purpose-built for this. we work with the best but it's not like you're getting something even as close to as tested as like a Delaware c corp (like most of crypto legal structuring, I might add) - we believe the mechanism *mitigates* rug risk, but it doesn't completely eliminate it - even if executed well, Hurupay is a startup and may fail. though the asset class of startup equity has been high-performing most startups fail - prices can go down over short, medium, and long time horizons (immediately post TGE, the months thereafter, the years thereafter). past performance is not a guarantee of future results if you really understand all of those risks, and you're willing to hold for a medium-long time horizon (months to years) based on how things go, it's something I think you should consider. it's never fun to think about allocating when everyone is down and there's no FOMO, but being contrarian & right is the only reliable way to generate supernormal returns in markets.
Proph3t@metaproph3t

Hurupay ICO is starting slower than recent raises, might be time to break out the rolodex and start dialing for dollars like I did for Omnipair and mtnCapital Omnipair is trading at 4.8x ICO price and mtnCapital was liquidated for ICO price + 5.5%

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Web3Thug 🔺
Web3Thug 🔺@Web3_thug·
@maxvayshia Lmao… If claiming to be gay can save him some bills why not?
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Maxvayshia™
Maxvayshia™@maxvayshia·
Wait, what did i just watch?? 😭😭
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Web3Thug 🔺
Web3Thug 🔺@Web3_thug·
@MetaDAOProject @HurupayApp Before you participate in this ICO read 👇 x.com/web3_thug/stat…
Web3Thug 🔺@Web3_thug

Another neo-bank project just dropped and honestly, it's yet another sign that this is the hottest narrative in crypto right now… and it's probably going to stay that way for a while. Here's why. On-ramping and off-ramping crypto has always been a massive pain point. I remember a time when it took me four exhausting steps just to spend my crypto on something everyday, like paying for an X subscription. First, I'd send funds from my self-custody wallet to a CEX. Then, do a P2P trade to get fiat into my local bank account. Next, I'd physically walk to a bureau de change to swap that fiat into physical dollars. Finally, I'd head to the bank to deposit those dollars onto my dollar-denominated card only then could I actually pay online. Why all this hassle? Our local currency cards were blocked from international transactions, so only dollar cards worked and you had to source the dollars yourself. At every single step, I was bleeding money through spreads and fees. Brutal. That's exactly the problem neo-banks are stepping in to fix. They're solving real pain points in the crypto experience, and the business model is genuinely solid. A good number of these projects with serious, committed founders will thrive. But here's the catch: not all of them will share that success with their token holders. What do I mean? Tokenomics is EVERYTHING. You can have the most perfect product-market fit in the world, but if the tokenomics are trash, it's a terrible investment for your portfolio. Just yesterday, someone asked my take on @HurupayApp. My immediate response? "Terrible tokenomics" especially when you stack it up against Avici's structure. Avici's convex payout model is a masterstroke. Everyone has skin in the game especially the founders. If the team doesn't deliver results, they don't get their tokens. No free rides. That's the kind of alignment we desperately need. $Huru shows promising early traction and solid product-market fit, decent onboarding, real users but I'm really bothered by that 50% supply unlock over three years with zero milestones or performance tied to it. Time-based unlocks like that need to go. Replace them with performance-based ones. Full stop. Some people say Avici's team @AviciMoney took the structure to the extreme. I agree 💯 and that's exactly what this space has been crying out for. They've raised the bar so high that only the truly legit, competent, and ambitious teams will even try to clear it. So it's simple: either you're here to build long-term value, or you might as well go home. I genuinely welcome every new neo-bank entering the space. Bring innovation. Make crypto easier, cheaper, and more usable than when you found it. Quick tip, though: $Avici is already delivering 0% FX markup, 0% swap fees, 0% on-ramp fees, super-low ATM fees (zero for their Signature Card), and no sneaky hidden charges. Game on. Let the competition begin…

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MetaDAO
MetaDAO@MetaDAOProject·
The @HurupayApp ICO is now live! Follow the link below to participate ⏬
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