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Sir Pepe 🐸 🐶🟨
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Sir Pepe 🐸 🐶🟨
@papiipepe
Quit the 9-5 on 1/7/2019 to be sovereign🖕#Liberland #Doginals #Provenance $DOGE @AbstractChain @Abstract_Eco @playgigaverse
.dogemap Sumali Temmuz 2022
2K Sinusundan2.1K Mga Tagasunod
Sir Pepe 🐸 🐶🟨 nag-retweet

I say this with respect because I genuinely believe in you and wanted to build high quality projects on Abstract.
We keep trying to bring attention to these issues not to spread FUD, but because we have genuinely worked our asses off building successful projects on Abstract, including @BigP00l, @web3playboys, and stepping in as CTO of @bigcoinmining , which would have completely died if we had not taken it over.
We spent a significant amount of money on audits and smart contract development to build Merge Mining, which has been fully functional for nearly four months now. The problem is that we cannot launch a coin when there is no volume on the chain.
At one point we even offered a $10,000 bounty for any team planning to launch a worthy coin on Abstract. Not a single team responded.
Because of that, the only logical path forward for Big Coin was to pivot and turn it into a first of its kind launchpad that is sniper resistant. Instead of allowing anyone to launch a token, projects would need to work directly with us and receive approval. That way our community and holders would know that if something launches through the platform, it has been thoroughly vetted and is safe to participate in.
One of the main reasons teams are not launching coins on Abstract is because early on a number of KOLs and KOL groups were insider launching coins. People lost money. The fastest way to lose users on a young chain is to have them get burned.
We did not just believe in Abstract. We cared enough to be thoughtful about what we were building. Instead of chasing quick financial gains, we wanted to build strong projects that would actually help the ecosystem succeed.
For example, the last project that attempted dynamic traits at scale was Memeland Captains, which raised over $61 million. They still have not successfully delivered dynamic traits, and their art has not even been completed after more than two years.
When we launched @web3playboys, we deliberately chose Abstract because we believed in the vision of the chain. Our goal was to launch the first fully dynamic collection with gender swap functionality, dynamic traits, and an innovative closet system.
We raised $480,000 and delivered everything within one month of launch.
Since then we have reached over 100 million GIPHY views in three months and we are consistently seeing hundreds of thousands of views on our animated shorts across social platforms. We have a world class animator on our team and we typically produce a new animation every day. Since September 4th we have created around 45 unique animated shorts.
We also launched a monthly trait subscription model, another first in the space. On top of that we have hosted four different week long holiday trait events that were completely free for holders, and we have collaborated with Gigaverse, OnChain Heroes, and Aborean.
Yet somehow we were not even included in Abstract Wrapped. 😂
Our cult like community rallied and on February 6th we generated 30 million GIPHY views the same day we were not included in Abstract Wrapped.
There are not even that many strong projects on the chain, so it is honestly hard to understand how the team could be unaware of the projects that are consistently building and delivering.
I reached out to the ecosystem team and it was honestly surprising that many of them were not even familiar with the project. Some messages I sent over a month ago still have not received a response.
Meanwhile a project like Ultraman, which clearly extracted money from users, receives a badge and likely will never build anything meaningful again.
Cryptoys was promoted with a badge and XP even though it was a recycled project that had already failed on Flow.
If you continue hearing the same concerns from multiple teams, it might be time to listen.
What is frustrating is watching project after project that gets promoted fail, while teams that are working hard, delivering value to the ecosystem are ignored.
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@LloydSol9 @FFVV1211 that's fair but if old then they can always change plans like the market conditions change.
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@papiipepe @FFVV1211 They literally stated xp will be convertable to token on tge, people farmed it with thousands of $, noone needs presale allocation 🤣
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@trader1sz Get your @Liberland_org passport and options open up
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this is the question i asked before but nobody answered
eventually i believe every government will crackdown on platforms with no KYC
how do they get around it?
Sokio@Sokio8D
so how long will hyperliquid be no kyc
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Sir Pepe 🐸 🐶🟨 nag-retweet

Bitcoin has topped and bottomed on almost the same schedule for over a decade. The numbers don't care about your feelings and the bottom isn't in.
Peak to bottom:
2013 → 2015: ~410 days
2017 → 2018: ~363 days
2021 → 2022: ~376 days
Average: ~383 days
Drawdown from ATH:
2011: -93%
2015: -85%
2018: -84%
2022: -77%
Accumulation phase before a new trend:
2015: ~15 months of sideways
2018: ~16 months of sideways
2022: similar
Right now? We're about 5 months past the October peak and only 42% down from ATH.
If history rhymes and it has every single cycle... we're not even halfway through the decline in time, and nowhere near the drawdown levels that have marked real bottoms (I do believe we don't dump as hard as previous cycles due to institutional demand).
The average bear market bottom arrives ~383 days after the peak. That puts a theoretical bottom around late 2026. As I alluded to yesterday, I think we are front running this bottom in terms of time.
The average accumulation phase lasts 12-16 months after that which I do think starts to also decrease due to the volatile dump we saw in February. But this still aligns with a real trend shift wouldn't show until 2027 at the earliest.
Most of you aren't prepared for that timeline. You're checking charts daily hoping for a V-recovery that has never happened in Bitcoin's history for MACRO BEAR MARKET BOTTOMS. The bottom isn't a price. It's a period. And we're nowhere near the end of it.

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Sir Pepe 🐸 🐶🟨 nag-retweet

@0xCygaar 😂😂😂
Slight adjustment that turned into large changes
Doesn't matter all that XP is just dashboard clout
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Since you guys keep QTing this post, I'll address some points here:
- We made slight adjustments to the XP given to top NFT collections (by onchain activity, volume, market cap). We updated the calculation for many of the longtail collections because we received many reports of people mass holding super cheap NFTs to farm large amounts of XP. NFT projects that are no longer active were diluting the rewards for active NFT builders - this is not the behavior we want.
- We will introduce a more dynamic system for NFT holdings designed to reward the most active collections starting next week. This system will adjust week by week and look at trading volume + onchain activity + overall ecosystem participation (ex. building interesting apps with your IP).
- For memecoin holdings, we were basing the XP given based off of inflated trading volume and price data. A lot of this was done to soften the blow from the steep price decreases seen throughout crypto since October. We have since updated our internal values to be up to date which resulted in a decrease in memecoin XP. Starting next week, we will ramp up the XP given to memecoin teams actively building their IP and growing their holder base.
- As communicated to our app builders previously, there will be an influx of XP given to teams creating onchain usecases, onboarding new users to Abstract, and building innovative mechanics. Several of these teams will be launching new apps and mechanics in the coming weeks.
- We originally didn't want to change the calculation for holdings too much, which is why I tweeted the below tweet 3 weeks ago. However, after doing a deep dive into the XP distributed to inactive projects as well as going through the reports our community had flagged to us about XP abuse, we had to make changes to better reward those that are still active onchain participants in the ecosystem.
cygaar@0xCygaar
Since a couple people have asked - the calculation for holding onchain assets (tokens and NFTs) will not change too much
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@greenytrades But this time is different
They will print because of war
Blah blah blah
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Sir Pepe 🐸 🐶🟨 nag-retweet

@Justin_Bons Are there any permissionless digital assets you've excited for?
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Sir Pepe 🐸 🐶🟨 nag-retweet

A Chinese EV company named Jiuzi just announced $1 billion in Bitcoin purchases. This is the third non-Western company in 90 days to announce Bitcoin treasury positions.
Corporate Bitcoin adoption is going global. The value at risk on the network is no longer concentrated in jurisdictions where regulatory stability is relatively predictable. Capital from China, Southeast Asia, and the Middle East is joining the same network that American and European institutions entered through the ETF products.
Here is the number that sits alongside that $1 billion figure: 1.5625 BTC. That is what each block reward drops to after the 2028 halving, 22 months from today.
The miners securing the network those Jiuzi treasuries depend on will earn half what they earn today from the protocol's subsidy mechanism. No buyer, corporate, institutional, or retail, funds the security of their Bitcoin purchase. The mining economics that make those holdings safe are funded entirely by block subsidies and 1-2 BTC per day in transaction fees.
Buyers are scaling. Security budget is contracting. Those two trends are running in opposite directions with no mechanism to make them converge unless supplemental miner revenue fills the gap.
$NAT is built to fill that gap systematically before the 2028 halving makes the math impossible to ignore.
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Where I'll be deploying: BTC remains the core position.
DeFi is my highest conviction sector play because stablecoin adoption, cross-border payments, and real blockchain utility are accelerating regardless of price action.
AI is the other one. Those tokens are already holding up in the bear while everything else bleeds. That relative strength matters.
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@notjumg @AbstractChain Agents will be for consumers as soon as the checkpoint design is smoothed out
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Who's gonna tell @AbstractChain that nobody uses agents and nobody will?
This is just another temporary hype cycle, web3 gets dozens of these every year. No need to go all-in on this direction
Autonomous agents are fun in theory, but they're expensive and pointless in practice
Why would I use an agent to LP into @Aborean with AGWs? If I want to automate something, I'll write a script that does it for free instead of burning a ton of tokens on an LLM to do the same thing
Has AI ever been used by even 50% of your users? Less than 0.1% will want to set up an agent. Maybe 0.01% will actually manage to do it. And these numbers won't change dramatically in the next couple of years
Feels like you forgot what it means to build a consumer chain
You should adapt to your audience, not the other way around
cygaar@0xCygaar
With our upcoming MCP server release, agents will be able to directly LP into @Aborean with their AGWs. Soon, agents will be able to do anything on Abstract. Here's a fun demo video below:
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