JaxC
4.4K posts

JaxC
@JaxConrad
The guy writing about Decentralized AI and Finance ✍️ | Exploring Crypto and its quirks | Sharing lessons from my journey
Earth Katılım Ekim 2024
612 Takip Edilen1.2K Takipçiler

We are revising our developer API policies:
We will no longer allow apps that reward users for posting on X (aka “infofi”). This has led to a tremendous amount of AI slop & reply spam on the platform.
We have revoked API access from these apps, so your X experience should start improving soon (once the bots realize they’re not getting paid anymore).
If your developer account was terminated, please reach out and we will assist in transitioning your business to Threads and Bluesky.
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Lol. After the AWS outage, it is now Azure's turn.
JaxC@JaxConrad
Now that we know which companies run on AWS, it's time to know which ones run on Azure and GCP.
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@JaxConrad I have no idea how I became eligible but I have 2 eligible wallets
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@fipcrypto Absolutely. Was one of the testnet users that @monad decided to kindly screw over in the name of filtering Sybil-lers. F*** all future projects that follow a similar playbook and panders to the so-called X influencers.
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Monad’s airdrop might be one of the smartest we've seen
As someone who has studied every major airdrop for the last few years, here are some points that stand out to me
More interesting than those included is the list of exclusions:
- All testnet users
- Most of the farmers
Out of 700k+ members on Discord and 1.2M+ followers on X, only about 5.5K wallets qualified
Well under 1%
So who was included?
About 225K wallets from the broader crypto community, over 40x the number of eligible Monad community wallets
Why aim at the larger crypto community first?
There is real inertia in trying a new L1
Bridging assets, familiarizing yourself with a new ecosystem, changing habits
It all has friction
A token allocation helps overcome that friction for people who can move markets and norms
Who are these people?
Notable accounts and active DeFi users (Monad Cards holders, DeFi whales, and so forth)
- These account drive mindshare
- They bring liquidity
- They tend to have longer time horizons
- They tend to be less mercenary
Monad's airdrop strategy optimizes for mindshare, liquidity, and early onchain activity that should drive early onchain activity and create a flywheel that attracts more users. Airdrop as onboarding, not exit liquidity
Smart, deliberate, and one of the best executions in a long time
GG @keoneHD, @intern, @akachacolate, and the rest of the goated squad

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