@iamjackstephens Without exclusivity, the underwriting model breaks.
What becomes the alternative to venue financing?
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David Barrick
402 posts
David Barrick
@davbarrick
co-founder / cto @kydlabs (a16z CSX ‘25)
New York, USA Katılım Nisan 2009
731 Takip Edilen2.1K Takipçiler
Multiple vendors for the same event naturally leads to lower ticketing fees. That's how competition works.
At the risk of repeating myself, the end of exclusive venue ticketing contracts would be one of the best possible remedies from this whole thing, for a number of reasons.
New York Times Music@nytimesmusic
The Live Nation antitrust trial resumed on Monday with the chief executive of AEG Presents, the concert giant’s biggest rival, testifying about competing against a company that puts on three times as many concerts and sells 10 times as many tickets. nytimes.com/2026/03/16/art…
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@samsheffer the venue took a loan from ticketmaster so they can book artists
at least half of this fee is to pay off that loan
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the service fee
where does that money go?
(concert ticket on ticketmaster)
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Thank you for being part of Merkle.
Merkle 🍀@Merkle_Trade
Final claims are now live on the Merkle web frontend. Please visit the page below to complete any remaining actions: app.merkle.trade/wind-down - Any staked MKL can now be unlocked instantly. - esMKL can now be converted to MKL instantly. - MKL treasury redemption is now open. You can redeem MKL to USDC at the finalized rate of 0.061544 USDC per MKL. - You can also withdraw any remaining assets in your 1CT balance, MKLP (including zMKLP), or any unclaimed referral rebates. Final accounting: - Treasury balance: 2,118,378.51 USDC - MKL supply (after unused burn): 34,420,285 MKL - MKL redemption value: 0.061544 USDC per MKL The web frontend is planned to remain available until February 5, 2027. The mobile app will soon no longer be functional, so please use the web frontend for all remaining actions. If you run into any issues or need support, please open a ticket in our Discord. General chat will remain open until the end of February, after which the Discord will transition to ticket-only support. Thank you for being part of Merkle.
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@BrianInCrypto @solana It’s ridiculous.
We literally had to design a new protocol for tickets and break wallet compatibility to optimize for storage costs.
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Rent is an existential crisis to @solana.
For startups that rapidly scale, it can be an insurmountable upfront cost to suddenly have to cover rent for 1 million wallets.
And then each token those wallets want to hold is MORE rent.
Not a knock at @solana, but an ask for a solution. In @ethereum world, wallet creation was greatly improved by CREATE2.
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Cap filled in less than 6 hours...
All organic, no TVL Deals, no KOLs just people excited about the next generation of stablecoins ✨
Reflect@reflectmoney
Alpha access to USDC+ is now live. Deposits capped at $10M. Speed matters. Confirm eligibility below ⬇️
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@jacobvcreech It costs us ~$3.00 per event launch right now on KYD (full nft)
Each ticket mint would cost us a similar amount too if we weren’t using compressed nfts
Current rent rates destroy all unit economics of consumer apps
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@davbarrick What are storage costs keeping you from building today?
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What do you think Solana's biggest problem is right now?
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how long do we think it took to grind this address?
ye@kanyewest
YEEZY MONEY IS HERE A NEW ECONOMY, BUILT ON CHAIN money.yeezy.com
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gemini prompt:
“put this person in a boardroom signing documents with a mischievous look on his face”
*attach reference headshot
Nimali@KYDNimale
just bought the brooklyn mirage 🧵
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@Greg_Nazario please take over comms because this explanation is way better than “hot, agnostic, incentivized” 😂
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Quick breakdown of Shelby for those who don’t understand why this is a big deal.
Shelby addresses a problem that no one else has tackled in the industry. CDN like performance with decentralized storage.
Aptos@Aptos
Storage is broken. Big Tech controls data. Web3 can't rely on Web2 infra. It ends now. @ShelbyServes, Web3's 1st cloud-grade infra, by @jump_ @AptosLabs. Decentralized, monetizable storage for data-rich apps. Hot by design. Chain-agnostic. Incentivized. shelby.xyz
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@redacted_noah Has always been wild to me that solana foundation doesn’t own these programs
Why did NFT infra have to be outsourced to a 3rd party
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Watch in real time as the Metaplex DAO votes to undermine developer trust in them to chase short-term token price gains.
If this passes I’ll be avoiding mplx contracts in the future. Great devs. Short-sighted DAO that’s likely to add surprise fees, steal rent, etc and put it into the token.
Remember, any Solana programs you use are only as trustworthy as the upgrade authority.
Metaplex Foundation@MetaplexFndn
REMINDER: Metaplex DAO members have until June 12th at 9:30 PM PST to vote in favor of MTP-004 by @yamalyamaa. The voting period officially closes on June 13th at 9:30 AM PST. For more details, see the link below: app.realms.today/dao/Metaplex/p…
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@levelsio @johnny_makes @csonotes wild
fintech house has been good to us. never been kicked out at any hour of the night.
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Bullshit
My friends @johnny_makes and @csonotes were kicked out of WeWork Lisbon literally last night at midnight
Why? Because it was midnight 😂
Yes they're members
Not a serious place
Raf V.@rafdotworks
WeWork Lisbon now open and empty
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1/ We’ve raised a $30M Series B led by @BainCapCrypto to build the open infrastructure that powers crypto’s next era.
This is a major moment for @turnkeyhq. For our team, our customers, and the entire space.
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@jessepollak @ann_droo @base it’s a huge issue for consumer apps
definitely something we hope to see fixed in the future
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can anyone help me understand why it costs ~$200 to deploy a relatively simple contract on solana?
I assumed it would cost comparable amounts to @base (eg cents) and feel like my mental model needs updating
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@BrianInCrypto @anza_xyz devs definitely took back control of naming here
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