peppy

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peppy

@MerchantPeppy

Katılım Ağustos 2021
246 Takip Edilen435 Takipçiler
Tyler Nguyen
Tyler Nguyen@TyWen07·
probably the best lineup ive ever minted @nomorelabs pizza comrades just moved the goal posts!
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peppy
peppy@MerchantPeppy·
ah, the old "we were not required to" virtue signaling you were also not required to bait and switch a rewards program
Adam Hollander@HollanderAdam

alright, let's address a few items that keep popping up on the timeline. every single dollar that opensea received in platform fees over the last 5 months was used for one of two purposes: 1. to purchase prizes which were distributed via treasure chests 2. to offer optional refunds via our claim site imagine all of the platform fees in a single account. we spent some of the funds on prizes. and then had to figure out the right way to distribute what was remaining across hundreds of thousands of wallets. on the refund page we shared a ledger of: 1. how much each user spent on platform fees (i.e. how much they contributed to the "account" above) 2. what we paid for each prize they'd already received in their treasure chests if there was a gap, that became the optional refund amount. which we determined was the fairest way to redistribute 100% of the remaining funds. let's talk for a second about those two numbers above. when calculating how much each user spent on fees, we did it based on the USD value of those fees at the time of transaction. so for example, if you paid 0.01 ETH of platform fees on Nov 1st, we took the USD value of ETH that day, which was $3,800, and attributed $38 vs. the value of that same ETH today at $21. this was opensea essentially going back in time and irrefutably doing right by users. when showing the ledger of prizes, many are incorrectly viewing this as "what they're worth" compared to how much opensea "paid" out of our fees account for those prizes. i get it guys, not every NFT is worth today what it was when you received it. and i know sometimes you had to pay royalties to sell them. but the reason we shared this information was to help you understand how we calculated the refund amounts and redistributed the remaining fees from the account. this was very simply, transparency. to those who didn't have a refund to claim, it meant that you were one of the lucky ones. the amount opensea paid for the prizes you received was more than you had actually spent in platform fees. so you got to essentially trade for free for 5 months and still keep the Treasures you earned. the fact i see people complaining about this particular outcome is puzzling to say the least. on the point of not providing more details on TGE - that's essentially why the refunds are being offered. the Foundation will share more when they're ready. but you should not expect more information in the immediate term. opensea was not required to provide these refunds. we did so because we thought it was the right thing to do. if you're truly upset about the way they were calculated, or frustrated that more information on TGE isn't being offered right now, in my opinion, you should personally consider taking the refund. i for one am extremely excited about what we're creating and our future. opensea is building incredible things that will change the way the world interacts onchain. and we're not going anywhere.

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Tyler Nguyen
Tyler Nguyen@TyWen07·
Pizza Comrade vibes are immaculate; incredible collection for trait hunting. Sooo many surprises! Just snagged this rare block head from yonder... @nomorelabs @McHexleyOG @resnepsid
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1337@1337skulls·
CA: 0x6c6f6c20617072696c20666f6f6c732062726f21
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peppy
peppy@MerchantPeppy·
@opensea so nft fees kept at 1%? who could have seen that coming?
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OpenSea
OpenSea@opensea·
Details about our Treasure Chest rewards, 0% fee implementation, and the optional fee refund for Waves 3-6: - 0% platform fees on token trading are now live for the next 60 days. - Our Treasure Chest Rewards program is now finished. Those who participated in the most recent Wave will be able to open their chests on 4/2. - Also on 4/2, the period to opt-in to a fee refund for Waves 3-6 will go live on our website. More details in the link & FAQ below 👇️
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tokenfox.eth
tokenfox.eth@tokenfox1·
Since I get ask about top holders of On-chain monsters here we all: #1 holder is the staking contract, not a person #2 is burn address, not a person Combined they hold 42% of the current supply. Which means most of the supply is either staked or burned Also I'm not the dev gm
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tokenfox.eth
tokenfox.eth@tokenfox1·
Releasing Experiment #2 👾 Monster Factory Enter the factory floor and find out if you are amongst the lucky first ones that have a gift waiting for you inside 🎁 Collect, stake and mint On-chain Monsters with a contract that is almost half decade old 📜
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peppy
peppy@MerchantPeppy·
@opensea All of your assets, wallets, and chains, in one profile ✅ does anyone really want that?
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OpenSea
OpenSea@opensea·
For years, trading and collecting onchain has meant: Fragmented wallets ❌ Constant bridging ❌ Bouncing between platforms ❌ Not anymore. All of your assets, wallets, and chains, in one profile ✅
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𝐁𝐋𝐎𝐗𝐗
𝐁𝐋𝐎𝐗𝐗@metabloxx·
@the_freightrain @HollanderAdam My guess he will leave soon enough No one wants to work for a dick like that There will be a new marketplace that is owned by the users not these clowns There is no moat
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freightrain
freightrain@the_freightrain·
Man finzer really making @HollanderAdam work hard with the bombs the last two days. Damn Is this the end of OS?
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Ken Wattana
Ken Wattana@KenWattana·
If I knew an article with quotes like this was coming out, I too would delay TGE, forever “She was like a Ferrari engine inside a hot girl,” he says. He calls me the day before the shoot to say he will only participate if Kuo, whom he describes as his cofounder of OpenSea 2.0, stands next to him in the photograph. The request triggers eye rolls from their fellow participants, who laugh and chat between frames, barely acknowledging the couple—moments Finzer and Kuo use instead to get touch-ups from their own hair and makeup team. The tension is palpable.”
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Gorilla
Gorilla@CryptoGorilla·
OpenSea will offer close to $12m in refunds once wave 6 ends This isn't something they HAVE TO do, it's something they are deciding to do Refunds for waves 3 to 6 are expected mid to late April No info on wave-specific refunds More info in @ChrisJourdan interview with Adam
Gorilla@CryptoGorilla

Incredibly difficult position for the team to be in, but IMO @openseafdn delaying launch was the right decision I work with Opensea, so I imagine some people expect me to be positive about this news, but I'm a trader just like you I've been using Opensea since 2021, I've farmed every wave, completed voyages, collected treasures, built up volume, etc. So yes, I want my $SEA airdrop just as much as the next person However, I understand that for the token to do well, the company needs to thrive As it stands, they are THE number one NFT marketplace with trading across 24 chains, have a great cross-chain token trading experience, are innovating with the release of AI tools, however their mobile app and perps are still in beta A token is a great incentive for people to download the mobile app. While I believe most people would download the app regardless of an airdrop, especially NFT traders, I don't know of any company who wouldn't want to use this to their advantage The more product offerings they have, the more users they'll have, and the better their token can do But most people don't care about the company, products, or if it survives past TGE For months, I've read many negative posts, accusations, and complaints on the timeline I can promise you that the team sees all of it Every tag, every reply, every post Whether it's @dfinzer, @HollanderAdam, @SteveKBark or even community mods like @W00DS_eth, they see it, they take in the valid feedback, bring it to the rest of the team and use it to make the platform better They genuinely care about their community and want to reward their users. Jump into the discord and you'll quickly see how serious the team takes feedback and how hard they're working to push their products forward Opensea is building for the long term, which requires making short term painful decisions. It's a tough line to balance, but in the end, I believe they'll have gotten it right P.S. I have to include the "paid partnership" tag because I'm an ambassador, but no one asks me to post this

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peppy
peppy@MerchantPeppy·
@chrismaddern web3 and non-custodial crypto? what?
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Chris Maddern
Chris Maddern@chrismaddern·
I know this was a hard decision for everyone involved, but also a simple one: the community (you!) deserve a $SEA launch that would simply not be feasible in the current environment I promise you this — the team is working harder than ever to make a product & business that will champion web3 & non-custodial crypto for decades to come stick with us, we’re not going anywhere 🙏
dfinzer.eth | opensea@dfinzer

an update on $SEA. the team has been building at full speed, and the foundation had planned to kick off the first steps as part of our march 30th event. but @openseafdn is pushing back the timeline. a delay is a delay. i’m not going to dress it up, and i know how it lands. the reality is that market conditions are challenging across crypto right now, and $SEA only launches once. @openseafdn could force the original date, or we could ensure every piece is in place and make this moment what this community deserves. we gave a tremendous amount of thought to how to do right here. I’m thankful to @HollanderAdam for bringing the community’s voice into every conversation. we’ll be doing the following: no more waves: the current rewards wave will be our last. optional fee refund: recognizing that we originally committed to a Q1 date, we’re offering refunds of the platform fees we retained while participating in the rewards waves (3 - 6) that followed our timing announcement. if you like, you can receive a refund of those fees, which when combined with treasure chest prizes, essentially means all of your trading during that period was on us. if you opt for a refund, the Treasures you were awarded during these waves will be removed from your account. details on this process will follow. honoring existing Treasures: for Treasures you continue to hold, our prior commitment stands: they will be meaningfully considered by the Foundation at TGE. this is independent from allocations for historical activity. 0% fees for 60 days: starting on march 31st, opensea will reduce our own token trading fees to 0%. we want to make it a no-brainer for everyone to experience our new platform: cross-chain token trading, mobile app, perps and more. after this 60 day period, we will put a new system in place that makes fees significantly more competitive for anyone trading consistently on opensea. product updates: while we’re postponing our march 30th event, we’ll host a separate one in the coming months focused on product updates. it’s been incredible to see the early responses to our mobile app, and we can’t wait to get it into more people’s hands. so if not now, wen? when we announced last year, it was too early. that created unnecessary uncertainty and reactivity. so when the Foundation sets a new timeline, it will be deliberate and specific. here’s why i’m confident that’s the right move: i’ve been building opensea for almost a decade. when this started, we were two people and the only thing you could trade on OS was cryptokitties. i’ve watched this space go from a niche curiosity to billions in volume to where we are today. the thing that’s carried us through every cycle was a willingness to make hard calls when it mattered. when our market crashed, we rebuilt from zero: an entirely new stack, a new product, and a new team culture. that hurt in the short term. but today OS2 is undeniably the strongest marketplace offering, and it’s the foundation everything sits on. we have huge ambitions as a company, and we’re here for the long game. making all of non-custodial crypto delightful on mobile is just the beginning. that means we have to set a very high bar for everything we do, and it’s why i’m so protective of delivering a launch that’s worthy of this community and everything we’re putting into this.

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