DeNomics | Wisenode

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DeNomics | Wisenode

DeNomics | Wisenode

@DeNomics_

Founder @wise_node | Building web3 products and services for everyday people.

Katılım Mayıs 2020
2.4K Takip Edilen4.5K Takipçiler
CSK
CSK@Trader_CSK·
I agree with a lot of your points but I think we're talking about two different things. My focus is on how the marketplace framework itself broke the mechanics that made NFTs exciting. The dilution problem you're describing is valid, but marketplaces directly contributed to that too. No quality gates, listing anything and everything because they wanted the volume and revenue. They opened the flood gates and then enabled net negative systems like AMMs, bots, instant sell. Basically nuked the fundamentals that attracted people in the first place. Anything unique about how NFTs worked were redesigned to be glorified shitcoins with pictures
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CSK
CSK@Trader_CSK·
I don't think people give enough weight to this problem. The issue with bots/AMMs within NFTs is that they auto adjust when 1 person undercuts. So a stack of liquidity automatically follows that 1 person who is trying to get out. So instead of a single seller exiting and the temporary floor jumps / re adjusts to prior levels. The bot/AMM liquidity has already followed them down. Once the manual sellers notice, they also flock to the same price level. So the temporary floor becomes the new real floor. This happens over and over again until the floor gets crushed. This is one reason why nobody sweeps anymore. All it takes is one motivated seller and everything slowly cascades back to pre sweep level. This doesn't factor in the royalty issue either. Maker sellers don't need to pay royalties. Taker buyers pay royalties. Old model was the opposite. The result is stagnant / non volatile price action. NFTs were illiquid by design, but marketplaces framed thin liquidity as a problem for users. When in reality it's an issue for them. Forcing a market model to make something efficient whilst a sector is in its infancy will keep it there and stunt growth. Look at the attention economy pumpfun had this cycle. I firmly believe this could have been NFTs if the marketplace framework wasn't structured to make the experience less exciting. Even though the markets are different, psychological mechanics are the same. NFTs gained traction because friction was low and liquidity was thin. If we compare this to the trenches. Imagine if a trencher bought a ticker at 100k marketcap. But there were two massive sell and buy walls in comparison to the market cap size. Price stays stagnant and eventually bleeds lower. This is essentially what NFTs are consistently battling. When the fun stops, people leave. These are just a few of the many problems that marketplaces contributed to. This doesn't include the other b/s they've done (list your NFT campaigns, instant sell button, points/farming incentives). The ironic thing is they'd prefer to say 'demand is low, just let cycles be cycles' rather than take any accountability for their own actions, heavily contributing to the root cause of that demand problem. Treat the disease, not the symptoms.
Evergreen_Jones@Evergreen_Jones

you ever just watch bots kill the floor. can’t believe someone hasn’t done anything about this.

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Nengil
Nengil@nengil_·
@CryptoCurb DAO Governance! Why @MagicEdenComm made DAO votes? The biggest decision was made internally, they send us a big FUCK YOU. The New Magic Eden slogan should be, “Fuck the community”
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curb.sol
curb.sol@CryptoCurb·
🚨 JUST IN: MAGIC EDEN IS DITCHING ETHEREUM AND GOING ALL IN ON SOLANA, AS ALL EVM SUPPORT GETS CANCELLED. JUST CHOOSE SOLANA. #SOLANA ⚡️
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DeNomics | Wisenode
DeNomics | Wisenode@DeNomics_·
@TommyEgan357 because they are the same team as JUP and dont know how to create use case and organic demand for the token. Its purely a cash grab meme
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Tommy
Tommy@TommyEgan357·
Why does the $MET chart look like this if they supposedly have the best fee tech? If everything is that profitable, why not use it to support and maintain the token price? 🤔
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DeNomics | Wisenode
DeNomics | Wisenode@DeNomics_·
Imagine believing that orangie numpty had a clue what was dribbling out his mouth lol
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DeNomics | Wisenode
DeNomics | Wisenode@DeNomics_·
Typcially a triple top is valid at the top of an up trend. In this case at the bottom of a down trend its just a ranging consolidation. It may have a similar outcome with a break in major support but is not a triple top. In fact the current chart is actually signalling a triple bottom so expectations of the neckline break is a move to the upside. But imo neither are relevant and you should be focusing on bitcoin as it will drag the rest of the market in its direction anyway which is currently still down.
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jussy
jussy@jussy_world·
Solana road to $30 Two patterns formed: Bear flag on the daily with a target of $37 and Triple top with a target of $61 Once $76 support is broken, it would confirm the move DYOR
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DeNomics | Wisenode
DeNomics | Wisenode@DeNomics_·
After doing a bit of a deep dive into @solanamobile its actually quite interesting but I cant help but feel like those of us who bought the SAGA have been left behind a little. yes yes I know i know we got a load of airdrops and the phones where basically free its wonderful and all that but even though we where the initial seeder's/beta testers for a solana mobile we are kind of left out of the seeker ecosystem. We have the saga gensis token but that doesnt really mean anything any more as all attention and value moving forward is now on the seeker ecosystem. Kind of feels like the early phones and use case and bricks now. Am I the only one here or do others feel the same? What is the solution? not sure to be honest.... Maybe convert our saga gensis tokens into seeker genesis tokens, allocate a bunch of seeker tokens or offer a discount to burn the gensis token for a seeker phone or something im not sure.
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DeNomics | Wisenode
DeNomics | Wisenode@DeNomics_·
@sandyXBT @weremeow maybe instead of more airdrops they put focus into adding value to the token instead. Do something with it, make it worth buying and holding instead of recieving and dumping
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Sandy🧸
Sandy🧸@sandyXBT·
be like @weremeow announced 4 airdrops 700M Jup tokens for each airdrops wow thats huge 😯 made huge hyip got billions of volume got millions of revenue & finally launched $JUP did first airdrop ( sucessfully ) did 2nd drop ( worst not even got fee back ) started drama during 3rd drop (token will dump if we'll do airdrop) again started drama during last drop token will dump if we'll do airdrop clown if you were afraid of dumping why tf you announced airdrops? NOTE : HIS TOKEN IS ALREADY DOWN 90% NOTE : whole year they got massive volume & they never said airdrop will not happen suddenly at time of airdrop they are doing all these drama.
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Mika
Mika@mikadontlouz·
@DeNomics_ Yea I’m wearing blue contacts and been doing some self care
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Mika
Mika@mikadontlouz·
The best AI video generator doesn’t drop till Feb 24 here’s how to use it right now (for free) Most people won’t find this tool for months. You can start generating insanely realistic AI video today before everyone else Link + how to access it in the video ↓
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DeNomics | Wisenode
DeNomics | Wisenode@DeNomics_·
@KonstSolana @JupiterExchange Whats the bet Jup pulls a hyperliquid and builds there own chain Jupchain and bails on Solana..... I get that vibe from them as they slowly destroy every other sector eating competition and giving nothing back
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Konstantinos
Konstantinos@KonstSolana·
My personal take on this: I rly like @JupiterExchange a lot. I am an active community members since the TGE and I worked for the DAO for over a year. Every single ASR, Jupuary, good cats, airdrop I got, has been staked and I am in the top 300 stakers. How I feel? I am disappointed, Jupiter had its biggest event ever and not a single word about $JUP. We have put our soul and our money in this project, I personally have invested thousand of hours of work and commitment. - carrots 2025 missing - Jupuary 2026 delayed - Governance page has been removed from the jup.ag menu bar Does $JUP still exist? When I see you posting Siong that jupuary will be distributed after May without a reason. I feel very confused, maybe the reason is that mercurial unlocks and team unlocks want to dump first? What we are experiencing is “community last” not “community first” You hyped everything possible in kuala lampur but said nothing about the most important thing that everyone is expecting. I am not here to hate, I am here to show how disappointed I am. After so much time I start losing hope. Stay safe out there!
⚔️ SIONG@sssionggg

regarding Jupuary, we are waiting for the last ASR to finish claiming first. then we will do it.

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DeNomics | Wisenode
DeNomics | Wisenode@DeNomics_·
Just after a bit of feedback on some new products im working on. How serious are you about crypto security?
DeNomics | Wisenode tweet media
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DeNomics | Wisenode
DeNomics | Wisenode@DeNomics_·
When markets go quiet, it can feel like everything you worked for was pointless. It isn’t. This morning I put together an article on market cycles, why these phases matter, and 5 things you can focus on now to set yourself up properly for what comes next. If you’re feeling flat, this one’s for you.
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