Brewtoshi

Three narratives for 2025: Futarchy will eat the world. MetaDAO $META is paving the way. Crypto will be about mining again because $ORE made it accessible to all. Solana $SOL is the everything chain where the most exciting projects are built. Plan accordingly 🫡

some dudes will say anything to hide an affair

@TheDemocrats Typhlosion in shambles rn

@mert Weren’t you an investor in Regolith Labs? What are your thoughts on the current state of $ORE, especially with the new privacy features

Literally the most well articulated zcash / private crypto money thesis i have ever seen fungible, quantum resistant (soon), private — all zcash properties mentioned highly recommend you take a few seconds, reiterates all of our points well

@outlawful @imagesaicouldnt Who are the Gubs?

@nftimm Ore fixed proof of work

Anyone who tells me $ORE is just gambling I now just assume has an extremely low IQ. I'm sorry, it's not my fault, it's just true.

. $ORE fixed Proof of Work.

And just like that, @OREsupply is 11th in revenue across all dapps in crypto, surpassing pancake and metamask 90% of revenue is used for buybacks. Ore isn't stopping, revenue estimates today is at >400k, which will place it in top 10. We still have so much more to go Flywheel

It's not enough that I succeed. Everyone else must win forever

@AustinBarack Jesus

Update: $ORE miners are telling the market it should be worth $685.58 vs. the current price of $315.18 Based on an average over the last 10 rounds of 48.606 SOL spent, a 97.2 ORE motherlode, and a SOL price of $154.34 (formula in the prior tweet) When miners are saying $ORE should be worth much more than the current price that is a reflection of the demand for unrefined ORE which has a much higher yield than regular staking (over 100% APY vs. ~20% APY for regular staking at the moment). Unrefined ORE can only be mined (not bought) and gives perpetual claim to refined ORE received from miner withdrawals. Tldr, people are willing to mine for higher prices since they have a bullish long term view on the value of future yields from refining. This is imo one of the most positive signals you could see that miners are mining for tomorrow, and a month from now, and a year from now, etc, not for just the ORE mining rewards of today. Community consensus is built off of long term thinking.

@KEMOS4BE Yes. Also ownership coins from MetaDAO fix a lot of broken tokenomics x.com/Brewtoshi/stat…

Half baked thesis: MetaDAO and ORE are of the same token class. And there isn’t anything else in that class. They’re the first tokens to take full advantage of the fact that they can design around a single use case w/o worrying about consensus or allocations.

On its surface, it just looks like another Solana gambling game. But this couldn't be more wrong. I spent a week straight in the mines so you don't have to (but you'll want to). 🧵👇

@MidCrvCapital @OREsupply This is crazy. I dig it

I think it would be a cool idea if @OREsupply would allow like a feature memecoin or project for that matter to sponsor a Square for a day/period of time. Like let’s say the $Bonk or $Jup team Sponsors Square # 7 and they drop $10k in tokens in that square and then it would play like a ML for whenever that tile hits (Project could decide the incremental payout like 1 time hit or $500 each time it hits so basically each time #7 hits it pays out that amount until the pot dries up). This would get more Miners to play and it would be an interesting game theory on if people pick that square or not since it would be a crowded space. It would bring new communities to the mines and increase buybacks. Projects could use this as marketing and maybe like a % of buybacks would go to buying back the token that sponsors while the sponsorship is on going. So it could become a win/win

@vibhu @phantom Phantom and Orca converted me end of 2021. I have a hard time believing major critics from other ecos have actually tried the apps they criticize

I remember clearly my first time using Solana: @phantom was such a good experience relative to Metamask that I genuinely didn’t believe it could be crypto I kept double checking Solscan to see if the transactions really went thru

been saying this

@nic_carter There are still fun and exciting frontiers being explored though. Futarchy, better ICOs, privacy layers, etc.

I keep seeing takes like this and I basically agree. if you want volatility go trade publicly traded quantum sh*tters. but it also conveys a deeper truth. crypto is boring because so many of the open questions have been answered. will stablecoins be allowed? yes. will we be banned? no. will we all go to jail for writing software? no. will we be incorporated into tradfi? yes. can tokens have cashflows and not be securities? apparently. these uncertainties and changing realities on the ground were what drove so much of the historical volatility. there are still some unanswered questions, particularly around cash-flowing pseudoequity tokens, but we will probably get answers to those in the coming years. today crypto has been largely derisked as a technological substrate which means it's not just the domain of startups but also large corporates which are now capturing value from using these tools. you don't have to be a "crypto native" early believer to build in crypto either. you can be an accomplished web2 guy or payments guy and build with off the shelf tools that work. all of this means that crypto natives no longer control the narrative, there's more serious businesses (which don't require tokens), there's less chaos, the whole space has matured significantly. this was inevitable if we got our way. incorporation into wall street, financialization, bitcoin as acceptable collateral for large banks, regulatory clarity, etc, these are the hallmarks of an industry that WON. but at the same time, maturation and clarity means less uncertainty and excitement, by definition. winning means the inherent volatility in the space is highly reduced! this applies to both startups and the underlying assets themselves. this doesn't mean that you can't win by building in crypto or trading, but we're just in a completely different environment now. the "crypto ecology" doesn't reward unhinged risk takers as much as it did in say 2017 because the variable that counts isn't "willingness to take risk" but rather "ability to generate consumer value". previously, your willingness to skirt regulation and build regardless of consequences was a huge source of competitive advantage. today this isn't true since regulators have codified so much. previously, betting that crypto and tradfi would converge was another source of edge. once they actually did converge, it's just a historical fact, not a useful belief. i can go on. none of this meant to be a shot at will by the way just using this sentiment as a jumping off point. so if you're sad that volatility has been dampened smile through the tears. it means we won.

Praise Sol from whom all blessings flow

Re-introducing: ORE Today, ORE returns with a brand new mining protocol, redesigned from the ground up to accrue protocol revenue, achieve sustainable tokenomics, and accelerate our mission of creating a Solana-native store of value. 🧵

Crypto sentiment’s bleak — just like post-ICO 2018 and post-FTX 2022. The difference? We’re meant to be mid-bull this time. Genuinely feels like @MetaDAOProject might be the shot in the arm this space needs. Finally bringing investor protections to permissionless fundraising.

The result of an elegantly designed protocol finding early product market fit and people now contemplating if an ecosystem had a SOV asset what would it look like and how much should it be worth

@airtightfish PoW- Proof of Wager

it's proof of work on solana but the work is gambling based yeah bullish