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I will shred this universe down to its last atom and then create a new one. Teeming with life.
That knows not what it has lost, but only what it has been given... a grateful universe.
We are inevitable.
$CULT X $MOD
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Mr O’Moduluszk
12.7K posts
Mr O’Moduluszk
@MrOmodulus
You've got to put your bodies upon the gears & upon the wheels, upon the levers, upon all the apparatus, and you've got to make it stop!
Katılım Ocak 2022
3.1K Takip Edilen25.6K Takipçiler
11,680 days between age 18 to age 50.
Life is short. Carpe diem.
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MEV = Maximum Extractable Value
That’s what it stands for. Think it took years until I learned that was why MEV bots were called MEV bots. Maybe just me 🤷🏻♂️
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@SpencerApplebau @multicoin @fun You should share it (redacted where necessary) Find it interesting to compare approaches per firm
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We have a pretty structured memo process at @multicoin for venture deals
The 2nd section is called "Why does this present compounding returns?" ie what are the moats and network effects
The section written for @fun memo was one of the most dense and compelling we've ever written
It's also the most buttery onboarding UX we've come across since the inception of the firm
So excited to be along for the ride with @AlexKFine and the rest of the team as they bring global payment rails to modern fintechs across web2 and web3
Fun@fun
Today, we announce our $72 million Series A, co-led by @multicoin and @SignalFire. fun.xyz/news/series-a
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“no playbook on how to wind down a DeFi protocol”
Hot take: If a DeFi protocol can be shut down it wasn’t a DeFi protocol in the first place.
The problem is not giving DeFi founders a way out.
It is DeFi founders building a “way out” in the first place.
Till death do I part.
Haseeb ＞|＜@hosseeb
Let me be clear what I am saying and not saying: I am NOT saying: let's forcibly shut down protocols (we can't), or let's only use the largest ones, or that teams shouldn't build new protocols. I AM saying: there are a lot of zombie protocols out there with basically the front doors unlocked and no one inside anymore. These are like blighted homes and we need to get rid of them, or the whole neighborhood will suffer. The way we change that is by CHANGING THE NORMS around shutdowns and giving these founders a graceful way to exit. Right now there is no playbook on how to wind down a DeFi protocol, and we need to make one, ASAP.
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As they tear your hope apart.
As they turn your dream to shame.
Heidi@blockchainchick
Are these the people you want "shaping Bitcoin's future"? The FBI Director. The Acting AG. The SEC Chair. The CFTC Chair. Bitcoin was literally invented to route around these people. Now they're the keynote speakers.
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@HarpinSonny @raycerapozaR2 @CryptodousX @wearecultdao @RevoltToEarn @ModulusZK Your dev is almost certainly trying to save face. PhD cryptographers frequently read what they want to read and completely miss the point & Jamie has to correct them. It’s a cultural problem
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@raycerapozaR2 @CryptodousX @wearecultdao @RevoltToEarn @ModulusZK I completely understand your enthusiasm. I feel the same way, which is why I let another 10–20 people who ended up buying it. But after conversation with a Russia dev and showing him what it’s all about, I’ve become a bit skeptical. I even understand why others are skeptical.
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I call on the entire $CULT DAO community to rise, speak up, and start asking the hard questions ✊🏻 Four years of slow decline have already tested our patience enough. Now it’s time to demand clarity, accountability, and real results🎭
@wearecultdao @RevoltToEarn @ModulusZK
GIF
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We’re solving the majority of smart contract level exploits. Social engineering & human side is the human side. DeFi is only possible AND safe on @ModulusZK
moduluszk.medium.com/moduluszk-addr…
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zkFOL @ModulusZK:
No mutable state → re-entrancy impossible
No recursion → no gas griefing/infinite-loops
No VM → EVM exploits impossible
No execution trace → TOCTOU and internal front-running collapse
Logic directly to polynomials → contract IS the proof
Udi Wertheimer@udiWertheimer
basically every og defi founder has liked this tweet make of that what you will
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I wonder what direction VB is going now, to either cull, or cause a revolt like this.
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What do I mean?
The DAOs are dead line, will unwind.
Why do you think utility tokens are crushed? What happens when the money runs out?
A team = a payroll, payroll = a runway. Runways end.
A decentralized community who love & actually operate a DAO choose life. Never death.
Mr O’Moduluszk@MrOmodulus
Crypto is a mortuary right now. Walking dead of people confused wondering what’s going on. They just haven’t realised the suits have arrived & with them the Wild West between decentralization and centralization is their endless graveyard to wander.
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I see stunning duality between 2021 rush to fund leveraged NFT & NFT lending protocols... & the exact same again, but with leveraged prediction markets + lending.
Surely this isn't an original thought?
There's somebody somewhere that has flagged this right?
Seems obvious.
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Crypto is a mortuary right now. Walking dead of people confused wondering what’s going on.
They just haven’t realised the suits have arrived & with them the Wild West between decentralization and centralization is their endless graveyard to wander.
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@SommerChase @IrinaKaragyaur @PanteraCapital @hack_vc @Delphi_Ventures @coinfund @DWFVentures @bcap @HaunVentures @Rockaway_X @etherfi_VC @DraperVC @greenfield_cap @Lemniscap @lattice_fund @decasonic @ax1vc @PortalVentures @VarrockVC @HashgraphVC @v3v_ventures @KosmosVC @ZeePrimeCap Flip it into a leveraged prediction market on robotics and you got yourself a VC darling to die for
GIF
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@IrinaKaragyaur @PanteraCapital @hack_vc @Delphi_Ventures @coinfund @DWFVentures @bcap @HaunVentures @Rockaway_X @etherfi_VC @DraperVC @greenfield_cap @Lemniscap @lattice_fund @decasonic @ax1vc @PortalVentures @VarrockVC @HashgraphVC @v3v_ventures @KosmosVC @ZeePrimeCap Anyone investing in onchain games?
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pre-seed/seed:
@PanteraCapital
@Hack_VC
@Delphi_Ventures
@CoinFund
@DWFVentures
@bcap
@HaunVentures
@Rockaway_X
@etherfi_VC
@DraperVC
@greenfield_cap
@Lemniscap
@lattice_fund
@decasonic
@ax1vc
@PortalVentures
@VarrockVC
@HashgraphVC
@v3v_ventures
@KosmosVC
@ZeePrimeCap
@TiogaCapital
@VerdaVentures
@ColliderVC
@DextForce
@equilibrium_co
@nolimithodl
@RedBeardVC
@ZigLabs_
@colosseum
who are Series A players?
Tom Dunleavy@dunleavy89
The shift in the crypto fundraising landscape the past 6 months has been insane. Crypto VCs used to have to constantly be networking/writing/podcasting/going on spaces/promoting your thesis/getting on 10 deal flow calls a week, to get into good deals...now it's literally enough to just have capital to write checks. Deals are being pushed rather than dug out. Inbound if people know you have money is at an all-time high. Most firms are either 1) Out of money 2) Moved to Series A and beyond or 3) Fundraising (with no success). Deals that used to close in 2-3 weeks now close in 2-3 months. Firms with questionable business models or copy pasta of the latest trend are getting zero primary or follow-on funding (Good news!). There are now realistically <20 firms writing checks in pre-seed/seed. VCs basically have the pick of any deal they want, with more time to do DD. IMHO 25/26 are going to be historic vintages for those who stick around.
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My " $CULT " grows at the very thought of @MrOmodulus.
GIF
🩸🩸🩸 PATIENCE🩸🩸🩸@cultdao_LayerX
Grow your $CULT
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@cmsholdings Mummy & Daddy read your tweet and they told me to tell you, that they are furious.
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There’s so many vcs I couldn’t figure it out till later in life when I started to see how the sausage was made and the path is ever more clear
1. Rich parents LP a fund
2. Child goes to school needs job is slotted at said fund since parents are Lp
3. Child does some time and then starts own fund
4. Rinse repeat forever
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