nonce Classic
479 posts
@nonceclassic
A crypto VC firm spawned from Seoul's cypherpunk underground
Building apps used to require code, cloud accounts, and centralized providers watching your every prompt. That era just ended. Meet 0G App, the ultimate hub for decentralized AI. Prompt to app. Verified inference. 🐼 Try the Desktop App now → app.0g.ai
Liquid Banking is live. The first fully onchain banking layer on @HyperliquidX. Save, spend, trade, and ramp from a single self-custodial account. Open your Liquid Bank account now: hyperbeat.org
1/ Ethereum’s global maturity demands deeper regional coordination. We’re proud to announce that @nonceclassic has received a grant from the Ethereum Foundation Ecosystem Support Program (@EF_ESP) in Q1 2026 to lead this vision in South Korea. 🇰🇷 🧵
이더리움 코리아는 '이드콘 코리아'와 '이드서울'의 정신을 하나로 이어받아 탄생한 대한민국 이더리움 생태계의 중심 허브입니다. 기존에 한국을 대표하던 두 이더리움 커뮤니티가 쌓아온 소중한 유산을 직접 계승합니다. 이더리움 코리아는 국내 기관과 정책 입안자, 그리고 Web3 빌더들을 글로벌 생태계와 긴밀하게 연결함으로써, 한국 이더리움 생태계가 한 단계 더 높이 도약할 수 있는 발판이 되겠습니다.
Today, the Foundation’s Board released the EF Mandate. This document, which was first intended for EF members, reaffirms the promise of Ethereum, and the role of EF within this ecosystem.
THEY DID IT. The SEC and CFTC just dropped a landmark document that officially classifies crypto assets. They're actually telling us which crypto assets are securities and which ones aren't - by name! THIS IS SOMETHING GENSLER REFUSED TO DO (he focused on prosecuting crypto out of existence) This rule doc gives crypto many of the benefits of the clarity bill - it lifts us out of the gray market - it gives every asset a path. It's almost like the Clarity act just passed by way of regulator. (of course, the actual clarity act will harden all this into legislation and make it irreversible in the event we get another Gensler, we still want it) This rule says there's 5 categories for crypto assets: 1) Digital Commodities - assets tied to a functional, decentralized crypto system (e.g., BTC, ETH, SOL, XRP, ADA, DOGE). Not securities. (yes, they name them on page 14) 2) Digital Collectibles - NFTs, meme coins, artwork tokens, in-game items. Not securities (fractionalized collectibles may be an exception). 3) Digital Tools - membership tokens, credentials, domain names (e.g., ENS). Not securities. 4) Stablecoins - payment stablecoins under the GENIUS Act are not securities. Other stablecoins, it depends. 5) Digital Securities - tokenized versions of traditional securities. Like tokenized stocks. Always securities. Amazing! This makes so much sense I can't believe it's coming from a regulator. No more enforcement threats to Ethereum developers and crypto exchanges. How about the Howey test? More common sense! If an issuer makes specific promises of managerial efforts from which buyers expect profits, the offering is a security until those promises are fulfilled. Then it's a commodity. The asset itself was never the security, the deal around it was. (E.g. XRP was a security pre launch, became a commodity after). How about stuff like staking and mining? Mining? Not a securities transaction. Staking? Also not a securities transaction, that includes custodial and liquid staking even with LSTs! How about wrapping BTC? Not a securities transaction. Airdrops? NOT SECURITIES. NO MORE GEO BANS PROTECTING AMERICANS from free airdrops. Remember this is a joint doc from the SEC and CFTC, They're actually cooperating on this, no internal strife, this is binding to both. SEC regulates $80-100 trillion assets CFTC regulates $5-10 trillion assets Both of the world's largest capital markets are showing us that crypto assets are here to stay and they're welcome alongside traditional assets. Every country will follow. This is the biggest move toward legitimacy I've seen in all my time in crypto. Maybe bigger than the genius act since is covers all crypto assets. Well done @MichaelSelig and @SECPaulSAtkins. And especially well done to the indefatigable @HesterPeirce. Her fingerprints are all over this, couldn't have happened without her eight years of principles-based curiosity.
