Coookie

Fun fact: What if you could access Veo3 video generation through third-party platforms at a fraction of the direct subscription cost? 🤔

@0xAxC Veo3 can generate such a long video in one shot? 😳

@0xAxC 🔥🔥

CurioKids gonna make it 🔥😂 Vibe-coded a website(in a non-AI way), go check it out! curiokids.framer.website

@0xAxC 🔥🔥

@0xAxC 🫡

@iCoooookie Follow @SonzaiLabs for latest info🫡

I just minted my first NFT ever! It is a genesis pass by @SonzaiLabs. You might have heard a lot of benefits of minting it... but for me, it's simple. My alpha for you is I happen to see the full game IN PERSON this week, and it's absolutely AMAZING! I'm not a big gamer myself, but I experienced how the 1st WeChat mini-game (Tiao Yi Tiao) went viral in 2017 in China. And I'm telling you - Sonzai Lab's @TeleMafia and @PocketMobGame has the potential to be Tiao Yi Tiao of LINE/TG in 2025...Ride the wave and thank me later 🌊

@0xAxC lol uncles more an insider than us

Just met a 60-year-old Singaporean uncle who dropped $400K on $HYPE tokens at $10 without even knowing HOW to buy them himself or track the price... He showed me his @binance app and asked why he couldn't see $HYPE... yet trusted a friend to handle everything because he's 'too lazy to learn on-chain stuff.' And this is what you should know, his exposure—Just $BTC in 2020 and now $HYPE in 2025. Now you know what to do next...

@0xAxC 🚀🚀

@0xAxC @Story_Protocol Thanks for the write up!

I spent the past week deep diving into @story_protocol ($IP), so you don’t have to. Story Protocol: unlocking new value in the age of AI x crypto via IP In this thread, I'll explore: - Story's vision and relevance - Legal dimensions vs. traditional IP - Platform business model - Market opportunities - Purpose-built L1 blockchain architecture - Technical innovations - Proof of Creative Protocol - Agent-to-agent IP transactions Read more: 🧵👇

@0xAxC @HyperliquidX @ethereum @solana @ton_blockchain @KaiaChain @StoryProtocol 🤣

The Purpose-Built L1 Thesis @HyperliquidX → Trading @ethereum → DeFi / General Purpose @solana → Degen + Fun @ton_blockchain, @KaiaChain → Social Gaming @StoryProtocol → IP Somebody please shill with me—what do these recently launched chains actually bring to the table? Community, speed, or good economics ≠ Product Market Fit. What truly makes these new chains stand out? $HYPE, $ETH, $SOL, $TON, $KAIA, $IP

@0xAxC The rabbit is cute!

MegaETH Whitelist Reality Check: Why I'm Stepping Back I was ready to give away my MegaETH Fluffle NFT whitelist spot for free, but I just realized the snapshot was already taken yesterday morning🥲That said, I still want to share my thoughts and analysis on why I’m probably not minting it (feel free to convince me otherwise!). TLDR: > The NFT buy-in valuation is $500M FDV—some may see this as cheap compared to other major L1 chains. However, be mindful that there was a $20M seed round in June 2024 and a $10M Echo round in December 2024 at $200M valuation. The key question is whether it’s worth paying the NFT premium given potential selling pressure and the presence of VC tokens. > The use case and purpose of the L1 chain remain unclear based on the whitepaper and founder interviews. Without a marginal killer use case, it risks becoming "just another high-performance chain" that eventually fades as major chains absorb its roadmap. ---------------------------- Below are some thoughts and insights on the MegaETH L1 chain, its valuation, and the NFT strategy 1. L1 Chain: Performance & Use Cases According to the MegaETH whitepaper and interviews with its founders, their vision for the L1 chain is to deliver real-time performance comparable to Web2 servers, aiming for over 100,000 transactions per second (TPS) with block times under 0.01 seconds. For context, Solana supports 65,000 TPS with 0.4-second block times, while Hyperliquid operates at 200,000 TPS with 0.2-second block times. While I believe the team, consisting of PhDs from MIT and Stanford in computer science, has the technical expertise to meet these ambitious goals, I have a couple of key questions: > What unique use cases does MegaETH unlock that other chains can’t? > For existing use cases, how much of a user experience improvement can this chain provide, given its infrastructure? For general DeFi applications, even a 20x speed improvement won’t necessarily translate to a 20x better user experience. So far, I haven’t identified a clear, high-value application that MegaETH enables. Without a standout "killer use case," it risks becoming just another high-performance chain, rather than a purpose-built one like Story-IP or Hyperliquid-Finance/Trading. If you’re interested in the technical details, I’d suggest reading @100y_eth's tweets(x.com/100y_eth/statu…) or the MegaETH whitepaper(megaeth.com/research) for a deeper dive. 2. Valuation & Financing: Is It Worth the Mint? Here’s a quick breakdown of the NFT round valuation, MegaETH’s financing history, and some comparables for reference. A. NFT Round Valuation - NFT Supply: 10,000 - Mint Price: 1 ETH (assuming 1 ETH = $2,500) - Token Allocation: 5% of total supply - Unlocked at TGE: 50% (remaining 50% distributed linearly over six months) - Buy-in Valuation = $500M FDV (10,000 NFTs * $2,500 / 5%) - Break-even FDV at TGE = $1B B. Financing History - June 2024 Seed/VC Round: $20M (backed by @dragonfly_xyz, @robotventures, @FoliusVentures, and @VitalikButerin) - Dec 2024 Community Round (Echo Platform): Raised $10M at a $200M valuation - NFT Mint Raise: $25M >> Total MegaETH Financing = $55M - Valuation-to-Financing Multiple = 10x(Given valuation 550M), 20x(Given valuation 1B) C. Comparables with Other L2 Solutions - Scroll: $650M FDV - ZKSync: $2.3B FDV - Starknet: $2.5B FDV - Bera: $2.8B FDV(Not L2 but just put here for reference as it’s launched 3 days ago) - Movement: $5.6B FDV While MegaETH has strong backers, it’s important to note that the Echo round valuation was $200M FDV, whereas the NFT round valuation is $500M FDV. While a 10x to 20x valuation-to-financing multiple is not uncommon in Web3, we need to be cautious of potential short-term selling pressure post-TGE due to these factors. 3. NFT Concept: Pop Mart-Style Collectibles The Fluffle NFT design strongly reminds me of Pop Mart(@POPMARTGlobal) and Labubu(@LabubuOfficial). MegaETH’s mechanism allows users to unlock wearables and personalize their Fluffles, with each NFT evolving based on user activity. This “blind box” or “upgrade-to-unlock” experience could create a positive flywheel effect, driving engagement. Given the team’s strong Chinese origins, I can see the potential to build an IP similar to Pop Mart. If executed well, this could generate significant cultural and commercial value. Conclusion Whether or not to mint depends on your conviction in MegaETH’s long-term potential. The project has strong tech and reputable backers, but its ability to differentiate itself from other high-performance chains remains a question. On the NFT side, the Pop Mart-style gamification could be promising, but valuation concerns and short-term pressures should be considered. Lastly - Do shill with me the Fluffle you minted! I really like the design :) Kudos to the team! Great design @HarukoRose and creative technical solution for megaETH @yilongl_megaeth @yangl1996 @hotpot_dao @NamikMuduroglu

@0xAxC Time will tell Hyperliquid.