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Aurae

@LegendsOfAurae

#StorytellingNFT | A fantasy world build by the community | Locked in eternal rivalry, Orcs are fighting Dwarves for dominion! Join us: https://t.co/zctgHStlYT

Fantasy Metaverse! Katılım Ağustos 2021
136 Takip Edilen1.6K Takipçiler
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ChronoForge
ChronoForge@playchronoforge·
🔥We are humbled to have the music of ChronoForge performed by lead musicians from Hollywood masterpieces including Game of Thrones and Arcane: League of Legends🙏 Composed by our exceptional @NirShor 🫡 Enjoy☺️
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Aurae
Aurae@LegendsOfAurae·
@playchronoforge This game will blow people's minds....and forges
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ChronoForge
ChronoForge@playchronoforge·
🔥Our Play & Earn Season is Coming!👀 🏆Massive 6 million $RIFT prize pool!😎 😈Diabolical world PVP for true gamers!⚔️ 🗓️Free mint your Season Pass NFT on April 10!🎮 Follow our socials & upcoming quests for a chance of WL! 🙏
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Aurae
Aurae@LegendsOfAurae·
Come and build Orakion with us! 2024 is going to be rich with fantasy!
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Avalanche 🗻
Avalanche 🗻@avalanchexbt·
Back in the lab with @surgence_io 🧪 Introducing @AstrArk_World by @Moonveil_Studio • Low Supply ecosystem NFT collection • Ex-Riot Games and Tencent experience • Two games in development • $5.4m VC investments Which communities should we work with? 🚀
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Crypto Banter
Crypto Banter@crypto_banter·
are you seeing what i'm seeing? 👀
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Aurae
Aurae@LegendsOfAurae·
@TO I hope people start to understand what they did when they hyped the blur 0% royalties to creators BS! You can say about @OpenSea what you want, at least they didnt sh*t on creators or turned the whole market into a whale grinding machine by introducing a f+cked up token
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TO
TO@TO·
As little as $80M in token incentives to lower NFT floors could wipe out the whole Ethereum NFT market cap ($4B) Blur's token incentive is $100M at the current spot price Machi nuked floors taking losses of $14M over the past four months, expecting he will make it back from $BLUR airdrop You think your bags are dumping bc Azuki & Memeland f*cked up, and we're in a bear While that's part of it You didn't realize the market is slowly being boiled alive by a mechanism that's grinding floors across the market down 1% per day or more How? In the current bear environment, the flywheel of Blur's bid incentive allows mercenary capital to destroy a project's floor without any real holders selling, even as holder counts increase Projects with 2x lending points, close to or less than 3 ETH floor like Otherdeeds, Pudgy Penguins, Miladys, Beanz, & CloneX, are in the most danger, but no one is safe Because farmers ONLY earn points by having bids active, they're not incentivized to actually *buy* the NFTs they bid on They NEED to dump as soon as any bids get accepted, so they can get ETH and replace the bids to earn max points The funny thing is, there's two types of farmers: Whales & chumps For whales, the optimal strategy once a bid is accepted is to get a loan on the NFT to top up and place lower bids than before For chumps, they don't have enough liquidity for a loan to top them up enough, so best move is to list the items on or around what they paid, lowering the floor Bots and other players adjust to these moves in real time, lower floor prices and other bids Floors get lower -> bids get lower -> floors get lower -> bids get lower -> DEATH SPIRAL Dumpers dump into dumpers Merry go round and round Hoping to make a lot more on $100M in airdrop incentives THE THING IS NFT market caps are fragile $1 in incentive to lower the floor = $10-$50 lower market cap Blur knows the marketplace with the lowest floors wins So they put a $100M+ token incentive behind it to grab maximum market share This is NOT EVEN COUNTING The impact on normal holders who don't know what's going on The average Joe's watching the value of their assets slowly wither away Going to Blur and seeing RED from all the sells Mistaking farming for more holders selling Losing faith and exiting the market -- So what can projects do to save themselves? Get your assets out of farmer's hands Buy them out The less assets you have in the Blur washing machine the better It's the only way to stop the bleeding without Blur changing their incentives or blocking Blur with a marketplace allowlist contract -- Shoutout to @xerocooleth for the tip, @presentlyMihai for detailed analysis on Blur Farming Incentives, and @punk9059 for sharing additional data and research This is an alarming situation and should be treated as such It highlights the very real dangers of marketplace wars on the space While this won't kill NFTs, it will wreck you, and could set the space back years in the worst case scenario Stay informed & spread the word 👇
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Aurae
Aurae@LegendsOfAurae·
@blur_io Can we go back to fees for creators now.
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Blur
Blur@blur_io·
🚨ANNOUNCEMENT🚨 Today you need to wait 1 hour after transfers to accept bids on Blur. On Monday that delay will be reduced from 1 hour to 30 minutes.
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Aurae
Aurae@LegendsOfAurae·
@jasonsolverson @profoundlyyyy It's more than dynamite. It's dynamite, that will be able to assemble itself, seek for more resources, hire someone to extract and mix them and deliver them to the bridge and detonate, while lying to the whole world, maybe even showing us an alternative reality until it's 2 late
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Jason Solverson
Jason Solverson@jasonsolverson·
With great power comes great responsibility. AI doesn’t need to be sentient to have the power to profoundly impact the world. Dynamite was not a force for good or evil and yet it has the power to be used to advance civilization or destroy it. To say unequivocally that a powerful force, readily available does not embody the capacity for danger would be short sighted.
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Solo
Solo@SoloValentino·
@0xferg Lol "etheruem home for gaming" yet imx and polygon said fawk this were going off chain lol.
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Robbie Ferguson | Immutable
Immutable + Polygon received nearly $2B USD in funding on games building in our ecosystem *last year* alone. With this partnership, Ethereum becomes the new home for gaming - and devs can focus on shipping games to users with incredible UX, not their choice of technology stack.
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FFV
FFV@FFVV1211·
Let’s stop focusing on why Yuga is #1 in this space, we know that Let’s focus on finding NFT projects with great founders building great things so we can elevate them into the spot light If those projects win we all win, enough with hyped trained projects with empty promises
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Aurae
Aurae@LegendsOfAurae·
@paulg I told an imaginary friend in the us that outside of the US people don't have to fear being shot at when they ring a door bell, and at first he didnt believe me
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Paul Graham
Paul Graham@paulg·
I told a friend's 15 yo old son that outside of Europe, people don't have to dismiss a cookie warning before they can view a web site, and at first he didn't believe me.
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Aurae
Aurae@LegendsOfAurae·
@balajis @balajis i will take your bet. The 1M$ would change my life. I would invest half of the winnings in BTC and build my dream Hobbit home with the rest. If I lose then the second BTC i own will help me achieve this. Deal?:) You get 1 week free rental in the home per year for life, 2
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Balaji
Balaji@balajis·
Here are the remaining references, as Twitter has a limit on the number of links in one post. I am moving $2M into USDC for the bet. I will do it with Medlock and one other person, sufficient to prove the point. See my next tweet. Everyone else should just go buy Bitcoin, as it'll be much cheaper for you than locking one up for 90 days. Terms of the bet: ideally someone can set up a smart contract where BTC is worth >$1M in 90 days, then I win. If it's worth less than $1M in 90 days, then the counterparty gets the $1M in USD. HYPERBITCOINIZATION We have to define hyperinflation in BTC vs USD terms because all other fiat currencies can and will be inflated away. That is hyperbitcoinization. This is the moment that the world redenominates on Bitcoin as digital gold, returning to a model much like before the 20th century. What's going to happen is that individuals, then firms, then large funds will buy Bitcoin. Then sovereigns like El Salvador (@nayibbukele) and tiny crypto friendly countries. The big move will be when a US state like Florida or Texas, or a "normal" country like Estonia, Singapore, Saudi, Hungary, or UAE buys BItcoin. And when @narendramodi tells India's central bank to buy Bitcoin, even as a hedge, it's over. Why will it be so fast? Well, hyperinflation happens fast. We've seen digital pandemics (COVID), digital riots (BLM), and digital bank runs (SVB). Everything will happen very fast once people check what I'm saying and see that the Federal Reserve has lied about how much money there is in the banks. All dollar holders get destroyed. The thing is, people are still tuned to an analog world where things get gradually worse rather than all at once. But there isn't much forewarning for a digital event — it's 1 and then it's 0. Just like the bank runs, except this is the central bank. There are however two sources of forewarning. First is the chart of the long-term depreciation of USD vs BTC, from less than $1 USD per BTC to $25k USD per BTC. Much of the smart money has been voting against the dollar since the financial crisis. The end is a digital drop off a cliff, almost invisible on the chart — but highly visible in the world. This tweet is the second forewarning. It'll be ignored and mocked by people who still trust the US establishment, even after the last few years. Who can't imagine that the US banks and media could be lying to them to this extent. But they are. Just as they did in 2008, and over the last ten years. The digital devaluation of the dollar is coming and it's going to be intense. [9]: Patient on hikes Nov 3 2021: archive.is/thPOu [10]: Renominated Nov 22 2021: archive.is/NWb25 [11]: Yellen admits not a tech issue: #selection-2467.421-2467.502" target="_blank" rel="nofollow noopener">archive.is/8xzPO#selectio… [12]: FDIC admits rate rises rekt banks: #selection-2043.19-2047.150" target="_blank" rel="nofollow noopener">archive.is/yxd1u#selectio… [13]: Presidents don't like hikes: #selection-7099.213-7099.330" target="_blank" rel="nofollow noopener">archive.is/Aiayr#selectio… [14]: archive.is/ZM2YK
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Balaji
Balaji@balajis·
I will take that bet. You buy 1 BTC. I will send $1M USD. This is ~40:1 odds as 1 BTC is worth ~$26k. The term is 90 days. All we need is a mutually agreed custodian who will still be there to settle this in the event of digital dollar devaluation. If someone knows how to do this with a smart contract, we can do it on chain, so I can send USDC. If you won't do that, name a custodian. #BitSignal
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James Medlock@jdcmedlock

I'll bet anyone $1 million dollars that the US does not enter hyperinflation

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Aurae
Aurae@LegendsOfAurae·
@ohDotss We are slowly purging the space of those who only came for the quick buck. Great brands had a vision and acted on it, no matter the buzz, the headwind, the doubters. Those who continue building now have the chance of becoming empires...simply because they acted on their beliefs
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Nathan
Nathan@ohDotss·
You can’t help but feel like a failure sometimes when trying to build a brand in NFTs. I won’t let these failures define me, I’ll let them refine me and build better and stronger. Let’s keep it pushing 🫡
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Aurae
Aurae@LegendsOfAurae·
@exlawyernft Had the same. If it's not the ear itself then mostly likely caused by the neck. Muscle tightness can cause this. After the stress was gone, the ringing also stoped for me
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Aurae
Aurae@LegendsOfAurae·
@ohDotss @blur_io @opensea @LooksRare It was big hype around looksrare. But they fuckdd up the token and let people wash trade and game the system. So gone was the incentive
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Nathan
Nathan@ohDotss·
I can understand how @blur_io is crushing @opensea but could someone help me understand where @LooksRare fumbled? Assuming it's blur's attention to traders > looks rare, constant engagement and reward for participating (thought looks did this well), and poor UI?
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Aurae
Aurae@LegendsOfAurae·
@timsoret Blockchain solves that
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Nathan
Nathan@ohDotss·
Looking to network with other founders in communities I am not a member of - will trade some @KaijuKingz - price is irrelevant just want to network and meet with cool people. Who should I reach out to?
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