beeboop

@tibbirsentinel luckily for $tibbir inventing time travel is also entirely unnecessary

@beeboopx 🐸🐸

who remembers when $clanker was at $3.5m if you had a time machine wwyd you had 3x opportunities to tp @ $150m and a whole lotta fun in the eco along the way luckily inventing time travel is entirely unnecessary

@mickymalka 🐸

no words needed

@0xTP91 @virtuals_io 🐸 @iruletrenches

The next unicorns will be on @virtuals_io

@AnaMaria451456 by many more than those who have studied it to-date

@beeboopx By who shall it be studied?

@tibbirsentinel gЯibbit 🐸

@beeboopx Pass. Tibbies only. 🐸😎

@AnaMaria451456 the autonomopoly will be studied x.com/beeboopx/statu…

@beeboopx What about $autono?

thank you, after our chats i'm under the impression now that you're trying to steer markets and teams in the right direction kindly requesting that alex engage with constructive criticism in a similar manner as you, because ours has resulted in a much more productive conversation than i've ever had with him

yes it's an alternative to centralized exchange payouts and we genuinely think there's no need to give out like double digits of your supply to these ppl who, btw, will dump your token in *minutes* -- like 95% of the token and since we've started ignition we've seen these CEX deal terms drop from like 10-15% of the token supply to low-single digits in an attempt to counterprogram against us -- that is, ignition has been breaking the monopoly pricing that has been killing the 200+ launches over the last year we can't force teams not to do side deals and we heavily discourage it. the only thing we really are requiring going forward is heavy disclosure about ALL deals -- market making, CEX, etc -- before going through the Ignition process you need to understand that we are very very serious about providing a good alternative to what we've seen as a broken model

My initial entry on $AORA is 0.08, I was down 50k+ on $AORA, hence my crashout on @AerodromeFi, but i kept holding and adding more, simply because despite the terrible launch, the fundamentals of @AtlasOraFi didn't change. @AerodromeFi ignition launches are notoriously terrible during the first few days, especially on launch day, where veAERO whales/voters heavily dump their supply. I was so bullish on @AtlasOraFi that i went against my own rule of never buying another @AerodromeFi ignition launch again, but i guess i should’ve stuck to it. Hopefully @AerodromeFi eventually fixes this broken launch model for future projects. That aside, $AORA is still an incredible project and checks many of the boxes i look for in long-term investments. They’ve been fully transparent through B1 @Blockworks regarding tokenomics and structure. So what is @AtlasOraFi? Put simply, it’s essentially Airbnb onchain better fees, onchain settlement, hosts earning more, guests paying less. A settlement layer for real-world commerce built on @base using EURC/USDC rails. As i’ve said before, i’m extremely bullish on projects building real-world companies using blockchain rails in ways that genuinely make sense. @AtlasOraFi is targeting the short-term rental and booking market with a more efficient and incentive-aligned model for both hosts and guests, in a multi-billion dollar industry. This is not some random meme coin. @AtlasOraFi already has real-world corporate structure in place: • AtlasOra Foundation (Panama) owns the smart contracts and governs the token • MasaOra Ltd (UK) operates the flagship marketplace under licence • Third-party licensed platforms pay 0.5% of associated revenue Another thing i heavily focus on for high conviction long-term bets is the team. The co-founders and the CFO previously worked as finance lead at @Expedia for over 6 years helping scale the business. @Expedia is a $26B company, leader of this market segment that they're targetting. That means the team is deeply experienced and well connected in the exact travel and booking market @AtlasOraFi is targeting. Right now: • $AORA sits around 2.5m circ mcap • Airbnb sits around 86b • Expedia around 26b And $AORA is going after this same market of short-term rental bookings and travel commerce with an experienced team and a structurally better model. To me, the asymmetry here is extremely attractive. Yes, the launch was awful. But even $VVV had an even worse launch on @AerodromeFi before eventually sending much higher. So i’m not letting the terrible day-one price action cloud my thesis. More info on @AtlasOraFi in the rest of the threa.

@jack_anorak @DromosLabs nice, ill try to dig that up sometime. truly hope it comes to fruition one day

@beeboopx @DromosLabs i mean this was the vision i outlined like three years ago

ok making some progress with the @DromosLabs guys now :) we agree a launch where 100% of tokens are provided for the ignition pool would be an ideal experiment to try 0% of the initial cap table allocated to team / cexes / mm / airdrop / investors if these parties want tokens, buy them on the open market @AerodromeFi dex like the rest of us! the ignition mechanism is conflated with high fdv / low float tokens and it doesn't need to be that way by design, but so far it's always how it's been. this would be a fair launch.

@jack_anorak @iruletrenches @AerodromeFi @wagmiAlexander ok cool :) that would be exciting, i made a new post about this and hope it happens one day!

@beeboopx @iruletrenches @AerodromeFi @wagmiAlexander i promise you we are trying to, if not find a team already ready to go with this, at least convince them that this is the best route by a long shot

As a fan of @AerodromeFi and holder myself, i hope team @wagmiAlexander @jack_anorak learn from this and improves the Ignition launch model structure. Fairness is the backbone of crypto and web3, and it should never be compromised.

@jack_anorak @iruletrenches @AerodromeFi @wagmiAlexander dang nice, and i think everyone would too. question is, can we find a team pure enough to try it? haha

@beeboopx @iruletrenches @AerodromeFi @wagmiAlexander yeah i'd fucking love that

@jack_anorak @iruletrenches @AerodromeFi @wagmiAlexander ok then what i would LOVE to see, so we can really can test this, is can we have a launch where the cap table is 100% allocated to ignition? no team / cex / mm / airdrop / investor allo. ALL supply is seeded on ignition.

the post you made about TIBBIR launch was good but i think you missed the main point what made this a beautiful launch was that there was *asymmetric information* unavailable to the market, so you got a low starting price as people started to discover this idea of ribbit being behind it this has nothing to do with mechanism design

if a team is using a marketmaker thats totally fine. however a truly fair launch would be the team providing funds for the mm to buy tokens on the open market. i think every single ignition launch that has a mm pre-allocates some token supply (free tokens, not market bought) for this purpose. there are plenty of examples of tokens on base that were actually launched fairly, and the team market bought tokens via a mm after tge for compliance with cex listings etc. what ive noticed is there's an enormous gap in different parties' definitions of what is a "fair launch"

@beeboopx aside from all the other stuff, you do know there's enormous legal risk in market making your own token as a start, right?

the irony of aero ignition launches is these are supposed to be high quality teams, most of the time well funded by VCs, so the least they can do with a gross low float high fdv launch is fund a pool themselves. instead they bribe veAERO voters with free tokens to kickstart a pool. same as the other 95% of tokens on the cap table allocated to team / insiders / airdrops, these tokens are not purchased on the open market, so there is zero buying pressure in exchange for acquiring these tokens. "opportunity cost" of using your veAERO to farm another pool is NOT the same as buying tokens on the open market. there are no lockups / cliff / vesting schedule for these bribes and they are dumped on every market buyer once epoch flips and the pool is live. these myriad factors multiply eachother to create a chart that starts retardedly high with nowhere to go except down, because the sellers are literally getting all of the tokens in circulation for free, using market buyers as EL.

the issue is that 0% of token supply in these ignition launches are initially acquired via market buying them. it's completely inverted from most other launchpads. most launchpads start with a low fdv and high float. tokens are deposited in a single sided pool, and the eth in the pool and fdv increase as people swap eth for the token. with ignition, these LPs who are bribed tokens for free (although you call it non-free due to "opportunity cost" of not voting for other pools) create this artificial metric for pricing termed "implied FDV" the remainder of token supply in these ignition launches that doesn't go to bribes is airdrops, team, eco, investor allo, etc. NONE (zero percent) of the tokens in these ignition launches are initially acquired via an open market swap buy (opposite of normal launchpads) the most insane example of this resulting in extremely high fdv / low float so far has been SYND, which was enormously overpriced by the bribed LPs, and is down like -99.9% or something after being opened to aero dex trading bribed tokens have zero lockup period / vesting schedule / cliff, maybe that's something that might help. simply put, as @iruletrenches has discovered, something about the launchpad design combined with the typical cap table of the tokens launching on ignition seems really extractive to any normal person.

@beeboopx @iruletrenches @AerodromeFi @wagmiAlexander i was doing you a favor by not responding to your loosely strung, incoherent bearjak posts but tell me mechanically, in plain english, what ignition did to lead to this outcome because scare quoting 100% of supply going to VC insiders etc has nothing to do with any of this

actually you are 100% right, ignition literally has nothing to do with CEXes. however, its been mentioned many, many times as a feature of ignition that there's "no CEX overhangs" and related points. the degree to which this rebellious anti-CEX marketing has always been boosted is quite confusing because in reality, nothing had changed. teams that launch with ignition still give tokens to CEXes, same as usual. so why do you guys keep talking about ignition like it solves anything related to CEXes? x.com/wagmiAlexander…

@beeboopx @wagmiAlexander @ClarkleberryFin @abmisx0 @iruletrenches @AerodromeFi @AtlasOraFi what's that got to do with us in any way what are you even talking about

@jack_anorak @iruletrenches @AerodromeFi @wagmiAlexander and here x.com/beeboopx/statu…

@jack_anorak @iruletrenches @AerodromeFi @wagmiAlexander and here x.com/beeboopx/statu…

re: liquidnomics dev's last proj did 150m with deep lp and listed on cb this is the spiritual and technological successor