Puff

The irony of "the industry must learn from the lessons of ftx" is that on pretty much every cefi crypto exch, clients are still trading vs internal MMs with insider access to info, nonliq, and client funds Simply publishing liq prices for all OI would devastate these biz models

@KeyboardMonkey3 @wizardofsoho bearish on socialism

@wizardofsoho Nah man, this one’s the future of France 🐸

All shitcoins are rugs. Some just go 1000x before rug or dump. 😂😂

@wizardofsoho but runescape taught us how to pvp ser

Pro Tip: DONT FULL STACK DUMP YOUR SHITCOIN BAGS. Although liquidity is low volume is through the roof right now. If you got bags, just slowly skim out. If you can get 50% out you win. Don’t look to get out 100%. Let others eat too.

@ALIENQUEENNFT Doritos

Cheetos or Pirates booty? 🍊🐆🏴‍☠️🔥

@farokh @DeeZe @RugRadio Is that financial advice

@DeeZe @RugRadio TLDR: - We have 3 nfts (member pass, rugs and pfps) and 2 tokens ($RUG and $RDAO) - Buy them The end.

There is a lot of chatter about ecosystems and sizes, so figured I would write a tweet about our own. The @RugRadio ecosystem is composed of three NFT collections and two ERC-20's. NFTs (ERC721-M): 1. Rug Radio Membership Pass Launched in December 2021 for free, the Rug Radio Membership Pass' original utility was to be able to mint a Genesis NFT in January 2022. It also gives you full access to the Rug Radio community, IRL events, different activations throughout the year online and offline, our Rewards program, and more. The Membership Pass will always have access to everything we launch, it is the lowest barrier to entry to our ecosystem. It will also have access to everything we are building from a tech standpoint. 2. Rug Radio Genesis NFT The Genesis NFT was launched in January 2022 for 0.11 ETH each. Like the Membership Pass and the PFP, 1000 NFTs were held back by the team. This NFT is the highest barrier to entry to our ecosystem but also the most important one. It yields $RUG token daily (5, 7, or 11 based on rarity), has all of the Membership Pass utility but also access to drops, such as the PFP that minted recently. It is the most important NFT in the ecosystem for the reason that it yields tokens daily but also that we prioritize it over any other NFT when it comes to access, events, etc., if we need to pick between collections. 3. Cory Van Lew x Rug Radio Faces of Web3 The PFP collection was launched in February 2023 for 690 $RUG per Genesis owned, and about 5,000 of them were sold to the public for 0.069 ETH each. This collection has the same level of utility as the Membership Pass for now, and is a collection designed by @CoryVanLew meant to reward our holders, but also give them a piece of fine art to collect, to build their identities around of, and support Rug Radio. We are actively working with Cory on fun activations for PFP holders and things they will be able to do with their NFTs such as evolving them (???), merch for different traits, and more! ERC 20's: 1. $RUG token (0xD2d8D78087D0E43BC4804B6F946674b2Ee406b80) The $RUG token is a utility token yielded by the Genesis NFTs daily, that holders can claim using our Dashboard whenever they want. Its main utility is to be swapped for the $RDAO token once one yields 1800 $RUG. We opted in for a dual-token ecosystem to separate governance from utility. You can earn $RUG by being a Genesis NFT holder, or by holding any NFT ecosystem and participating into our Rewards program. The rewards program has daily bounties across most social media platforms, and we have a listen to earn to govern program in place on certain live audio shows. The $RUG token can now be used for more than swapping to $RDAO, as the store allows you to trade it in for multiple things. Think of it as a loyalty program and a point system, where you can redeem your tokens for things IRL and URL. If you are interested in partnering with Rug Radio and accepting $RUG, feel free to reach out as we are always looking to expand our rewards program and our store. Lastly, the $RUG token will be used in everything we create and is at the centre of our ecosystem. Our tech roadmap for the rest of 2023 has releases every quarter this year and will be made public shortly. 2. $RDAO token (0x6235CAEea7C515DaC14060Ec23a760090655F21b) Rug Radio is governed by the RugDAO, and the DAO represents the heart of our decentralized media structure. The DAO stores the value created within the network and houses the governance of the whole platform. The $RUG and $RDAO tokens are released slowly, over a 5 year period, which means that the DAO will grow slowly because we want to move at a pace that we know Rug Radio and its governing body will move towards true decentralization. You can view all of the previous proposals we have for on Snapshot, as well as all the future ones! Running out of characters, feel free to AMA below! 💙

@zhusu Mindboggling you're still tweeting.

Mindboggling that Credit Suisse was the only global investment bank to turn down tarp bailout in 08, and they couldve had UBS for free then as well

@NFTsAreNice They are larpers who sell socks

Doodles have been in business for one year and they raised $54 million at a $704 million valuation. They have already been blessed by being early in an industry where raising money and achieving a high valuation is not as hard as it is in other sectors. Now I wonder what would happen if the founder of such a company in web 2, treated their customers like this.

@EffectiveCap lol b/c where would the dollar be stored

Why haven’t we created a decentralized stablecoin yet? You put in $1 and $1 gets added to the market cap. The $1 you put in is stored under my mattress and if you come to my house you can redeem. One where nobody is making interest on the money via Tbills and Bonds, and is purely there to live up to its name. Seems simple enough, what am I missing?

@0xSisyphus emotional damage

there are individual VC firms that, as of yesterday, had 9 or 10 figure exposure to SVB [at a firm level] and were fairly confident it wouldnt collapse

@amytongwu Who bought Lehman?

Who’s going to buy SVB?

@sheikelom You know there’s a genesis collection with only 500 at like .4 rn right? Thats the v2 you’re tracking

@punk6529 @paxNFT @Tableunstable69 @VitalikButerin

@paxNFT @Tableunstable69 @PapiVault @VitalikButerin You expect our feed to actually read?

Just bought the @VitalikButerin Gitcoin NFT so that I can, for the first time in the history of NFTs, properly ask: "Can the devs do something?"

@wizardofsoho 😍 wana slide into my dms and tell me all the other fun stuff to prepare for

@PapiVault ofcourse brother. Evinco holders tasting event for srue

Need to turn off twitter. I cant take any of the NFT Paris party footage of all my frens there. Such massive cope. Its okay... NFT NYC will be more epic.

@0xsigler @natealex real chaos would stem from people lowering the floor on apes via x2y2 and looks, which prices into benddao's oracle (which doesn't include blur)... that would cause panic

@natealex @PapiVault I sure hope they do, this is pretty entertaining

machi temporarily went into the red on bayc hes back to 6800 eth in his blur pool so probably feeling a little more comfy. not sure he'll push it much more from here

@natealex you forgot to mention that ryan carson got cyber bullied out of web3... shut down his raise for flux and cried on stages

ICYMI, things that happened today: BAYC floor fell below $100k punks flipped apes some people fucked around and found out

@natealex My guess is that Benddao and other peer to pool protocols are about to get hit with a liquidity shock

@PapiVault also surprised it took this long especially considering the royalty fees blur farming fomo was higher than expected

bid/ask spread on BAYC is over 7.5 eth was nearly even just a couple days ago

@DaRealMilkBagz REALLY??!

Ryan Carson has now officially rage quit the nft world. Things you love to see on a Friday 🤝