Purple Tardigrade👾

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Purple Tardigrade👾

Purple Tardigrade👾

@PTardigrade

Elemental Chief Architect & generative artist: @onchainalchemy 🧙‍♂️⚗️✨| Co-Founder: @lab_nxt

@lab_nxt Katılım Kasım 2020
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Purple Tardigrade👾
Purple Tardigrade👾@PTardigrade·
Return to Quality in Crypto Crypto is at an inflection point. After years of innovation, speculation, and cycles of boom and bust, our industry is now flooded with short-term hype, meme coins, and opportunistic plays designed to max extract value rather than create it. The result? Distrust, disillusionment, and an ecosystem that rewards quick flips and hot potato games over long-term building. But the tide can be turned! By collectively shifting the focus back to quality projects, sustainable innovation, and meaningful contributions, crypto can regain its credibility and demonstrate its transformative potential. Achieving this however, will require lots of work, time and a coordinated effort from everyone - founders, builders, KOLs, media, analysts, and community members alike. Rebuilding Trust Through Reputation Networks: Projects like @ethos_network and @KaitoAI are perfectly positioned to play a pivotal role in the road back to quality. By tracking credibility and attention over time, they can help surface influential players who have proven integrity and commitment to web3’s longevity. A strong onchain reputation network can act like glue to the social layer, highlighting trustworthy voices while deterring people from following people with questionable reputations. A natural next step would be an additional trust score for projects, evaluating them across key dimensions like: • Transparency – Is the team open about its progress and decisions? • Audits – Are smart contracts audited or not? • Proof of Funds – Can the project demonstrate sustainable financial management? • Tokenomics – Is the token designed for long-term viability? • etc. An aggregated trust score could become an essential reference point for investors, users, influencers and builders, steering capital and attention away from pump-and-dump schemes toward well-structured, enduring projects. Educating and Informing Retail: Educational and news platforms like @tryPluid, and others, including individual educators should play a crucial role in equipping newcomers with the knowledge to navigate crypto responsibly. Instead of being drawn in by flashy PnL screenshots and influencer hype, users should be guided toward understanding: • The fundamentals of sustainable tokenomics • How to identify well-structured projects • The importance of decentralization and governance • etc. Media outlets should also ensure quality projects receive adequate exposure. While rigorous standards for paid promotions must be upheld to prevent the signal from being drowned out by noise. Meanwhile Investigative journalism must remain a core function, uncovering and reporting scams and bad actors to prevent further damage to the industry’s reputation. Holding Influencers Accountable KOLs shape industry sentiment. Ethical influencers must disclose sponsorships and align with credible projects rather than amplifying hype for personal gain. Their platforms should be used to elevate sustainable projects and responsible investing. Influencers who do otherwise should be called out and given bad onchain reputation scores, this alone would act as a deterrent for most. The Role of Founders and Builders Long-term success in crypto starts with its builders. Founders must set the standard by committing to: • Transparency and Accountability – Provide clear, consistent updates and take responsibility for project decisions. • Security and Reliability – Prioritize audits, stress-test code, and ensure user funds are protected. • Long-Term Thinking – Resist the temptation to chase trends and hype, while focus on sustainable token models and practices instead. • Healthy Competition – Lift others up, rather than employing malicious tactics to push others down. • Openness to Criticism – Accept valid critique and respond to issues in a timely and constructive manner. The Role of Communities Communities hold the power to shape narratives and to set industry norms. Participants should: • Get involved with on-chain reputation networks by actively and honestly reviewing others and receiving reviews. • Engage in meaningful discussions rather than hype-driven chatter. • Support and highlight quality projects. • Hold founders accountable by demanding transparency and long-term sustainability. • Be cautious with influencers, questioning whether their interests align with genuine ecosystem growth. A Collective Push for Quality Shifting focus away from short-term speculation requires a cultural shift - one that emphasizes building over betting, sustainability over short-term gains, and credibility over hype. By working together, trust networks, educational platforms, media outlets, founders, KOLs and communities can reshape the narrative and bring real innovation and quality back to the forefront. This is the only way to ensure that crypto realizes its full potential - not as a casino, but as a foundation for the future of finance and culture. The time to act is now. Let’s BUIDL BACK to QUALITY.
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nahiko
nahiko@nahiiko·
I created an artwork so bright it makes my cursor look grey lol link below 👇
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Dutchtide.eth
Dutchtide.eth@dutchtide·
NEW WEEK PEOPLE. LETS GET IT GOING! did you watch till the end or dropped out like a highschooler?
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Loopify 🧙‍♂️
Loopify 🧙‍♂️@Loopify·
A recent investor note I wrote out as S2 approaches. Over the last year more than 1+ decently funded game has died in Web3 gaming per week. 52+. Imo this is a result of many things but it comes down to 1. Games are very expensive and hard to fake. So if you blow all of your money in a very hype marketing campaign but it doesn't work out, you will go bankrupt as it's hard to make as much revenue as you spend. And we've yet to see a widely successful sustainable game even at the top level for those who have launched and still exist today. Treeverse was birthed from the Axie-period in 2021. Truthfully there are maybe a few on my hand I can name that exist from back then, even though it is the estimated period for game creation. A 5 year period. We had more born in 2024 with the new round of hype, and most of them are already dead today in less than 2 years. A very smart person told me once that as a company you can simply survive and you will outlive your competition. That is true, but it only matters if you succeed in the end, it doesn't matter if you die a year later. However it does limit the shots on board external people can have. I've been in gaming for 5+ years now, invested 7 figures+, pretty much all my time; reputation. We went through the highs and lows. Truthfully there is probably a dozen games that have a realistic chance of succeeding in the next few years, and there may not be any more in the next decade unless a) one succeeds, b) a hype wave returns again for whatever reason. And they have to do it on their own terms because there is no more funding coming. It has to be a brutal grind where you decide what to sacrifice. So if you think gaming has even a slight bit of chance. You should believe in us, or any other game still here fighting. Now words are mostly meaningless. Games are extremely hard. Even if you push development off the line after multiple years that is just one blocker out of many. The final goal is sustainability and monetization over a prolonged period of time. @TheTreeverse
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DonAlt
DonAlt@DonAlt·
Starting to like crypto a little again Shit was vile for the last year or so Bear markets are the best thing that happen to this asset class, gives at least a couple quarters where discourse isn't retarded, grifty and disgusting
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Dutchtide.eth
Dutchtide.eth@dutchtide·
After 3.5 months of "rugging". I have officially returned to the digital world. I have learned a lot in my time abroad. Spending my days touching grass 24/7. The disconnect to this space is so large, I have no idea what's going on. What has happened to the market. Or even my own projects. Some would call this negligence. I like to think I simply lived fully for the first time in 6 years. My journey brought me to Nepal, Japan, Thailand, Singapore, Hong Kong, Australia and Vietnam. Each of them wildly different from my day to day life. Different from here. Every day new experiences, smells and views came to me. Inspiring me to my core. But above all, I got to fulfill my dreams. I got to surf with Fuji, to see the subjects that inspired me for 10 years, to propose to my fiancé, and to find meaning in what I do as artist. My conclusion is my journey has truly only begun now. And web3 is part of it. But its important to remember this space lives in a bubble. It's an amazing bubble no doubt. But seeing the world, and genuinely deleting twitter from the phone made me see things quite different. I intent to show you overtime what that means and make you feel the experiences in ways that a photo never could. But for now.. I DECLARE AN END TO THE RUG. Stay breezy. Stay bullish.
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Purple Tardigrade👾
Purple Tardigrade👾@PTardigrade·
It’s ironic that the most hated project on @niftygateway, “The Merge” by @muratpak is the only one which will survive the shutdown. Is this the only onchain project on NG which doesn’t have metadata stored on their servers?
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Chocolatte
Chocolatte@wafinde·
@PTardigrade @niftygateway @muratpak "Most hated" is a shallow take. Pak didn’t just adopt NFT mechanics early, he invented many of them: dead-wallet minting, open editions, burns, and the very idea of contract as art. The Merge surviving the Nifty Gateway shutdown isn’t irony. It’s proof of authorship.
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0xG
0xG@0x0000G·
Most NFT metadata URIs on NiftyGateway have a base URI that points to api​.niftygateway​.com and cannot be updated. These are effectively "dead links walking". The "good" news is that most contracts also allow to get the media's IPFS CID, but via a non-standard method.
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nahiko
nahiko@nahiiko·
BIT ROT
foobar/@0xfoobar

Nifty Gateway is shutting down, and they’re negligently destroying millions of dollars of NFTs One of the first NFT marketplaces before OpenSea, their ethos was to simply copy traditional auction houses. Centralized custodial wallets, credit cards over crypto, web2 servers instead of blockchain infra. Then when the ‘21 NFT bubble hit, they switched from a crypto-minimized calm art site to lavish hyped celeb drops - Beeple, Pak, Fewocious. These leading drops were visually interesting, but most notoriety value came from crypto-adjacency. Pak an outright rug, Beeple polarizing, and Fewocious a mental mess. Despite crypto being the value driver and value premium for the platform, Nifty never tried to do anything crypto-related. All NFTs were minted on a centralized single contract that mixed together different pieces, different artists all in one messy blob. Images and descriptions and other metadata never came onchain (like cryptopunks), or even to decentralized storage (like ipfs or arweave). They just threw it in fickle cloud storage on low-quality web2 backends. Hundreds of millions of dollars of volume, and Nifty never bothered to write a single decentralized smart contract. Fast-forward five years. It’s a crypto winter, fake acquisitions of failing startups left and right. Nifty announces a full platform shutdown, effective one month later. “Withdraw your NFTs before it’s too late.” They’re planning to delete your wallets, wipe their storage, and ultimately delete whatever fake loose blockchain links ever existed from web2 NFTs to the real art. Nifty couldn’t be bothered to harden or decentralize the infra over many years, and now unwilling to even offer batch migration tooling for their fake crypto platform. Every art that ever touched Nifty will receive a steep valuation discount because of how poorly they stewarded the platform. Even competitors like OpenSea made huge advances like Seaport to decentralized crypto tech. For Nifty, it’s not even zero contribution - just a big fat minus sign. Goodbye and good riddance

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Purple Tardigrade👾
Purple Tardigrade👾@PTardigrade·
@justintrimble yeah but what to happens the value when they kill the centralized server hosting the media files? way to risky to hold any of these NFTs imo
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Justin Trimble
Justin Trimble@justintrimble·
The Nifty Gateway Beeple's are about to get a lot more rare 👀
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Farokh
Farokh@farokh·
What’s the etiquette for dry humping at a mattress store to see if it’s the one or not?
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