Race4TheWin
1.8K posts












Get ready for The Bags Hackathon. $1,000,000 in grants to builders on @BagsApp what: build good tech, win cash, start companies. where: online what's next: start brainstorming your ideas. If you want to sponsor or judge: DM us or anyone else from the Bags team. for builders: submit your project on the form below. more details coming soon.





It’s a reasonable question to ask First, ask yourself how many other non-L1 tokens have substantial verifiable utility that you can easily describe Many that are big cult favs openly admit that they don’t have any utility; many ai tokens can’t yet verify any utility, etc, etc - majority of crypto tokens trade on vibes and speculation Now with that out of the way, here are some actual utilities of BYTES: 1/ BYTES offers fractional exposure to the Neo Tokyo brand, which is in the top 25 of all NFT projects by market cap 2/ Access to @ByteStreet launchpad offerings - sure, hasn’t done well under these market conditions, but the machine is tested and ready for better markets ahead 3/ S1 ID mint auctions, averaging 2560 BYTES per auction weekly; BYTES proceeds are either burned or effectively locked in LP (80/20), this is about 2.25x the daily BYTES staking emissions 4/ BYTES are needed for access to @NeoTokyoPlays weekly gaming events & winnings 5/ Increase your BYTES yield through staking BYTES along with Citizens (~45% of all BYTES are currently staked) 6/ Whitelist marketplace payable in BYTES 7/ Community rewards system and BYTES bounties for one-off services payable in BYTES 8/ Buy @ShibuyaMall merch with BYTES onchain 9/ A project I’ve developed, @GridPhantoms, uses BYTES as our native utility token for rewards delivery and raffles; more on why I think building on existing tokens such as BYTES could become a trend: x.com/ktrap/status/1…

















