Porsche911 🔆
1.2K posts

Porsche911 🔆
@112PR911
Sahara #0284154 Wen Porsche?
Degenland شامل ہوئے Aralık 2021
1.4K فالونگ56 فالوورز

Introducing ERC-S App.
Here are all the features how you will be able to interact with your ERC-S token.
(01) Board Proposals
One philosophy: SKIN IN THE GAME.
Everything around drafting board proposals has to do with having skin in the game. You are only allowed to draft a proposal when you hold over 0.5% in token supply, and you are ready to get 10% of your supply slashed when the proposal gets rejected.
Why? Because S-tier startups also have S-tier board members. Good boards don't have time to respond to sloppy proposals. ERC-S is all about protected ownership, but not reinventing the wheel of equity and giving up all control to tokenholders.
The editing feature is also something novel. After publishing your change people can propose edits to your proposal & the community can vote on these changes. Also here: Skin in the game. There are two types of edit proposals: Substantial Change and Correction. If your proposal gets corrected (e.g. grammar) you will still get slashed if it gets rejected. If there's a substantial change, you won't.
(02) Futarchy Treasury
Through a 200bps/200bps volume fee, project accrue revenue from the token. This revenue directly comes out of the pockets of retail investors. Projects can opt in to futarchy managed treasuries. Our philosophy here is to not force it onto founders. The market shall punish them accordingly if they opt out.
(03) Distribution/Capital Reallocation
In case there is any liquidity event in the company (exit, acquisition, acqui*hire, IPO, merger) the proceeds are sent to the SPV. The monetary flows of this liquidity event are governed by the STARTUP token. The Y/N is governed by the STREET token.
All these events are trackable through this app.
------------------------
An exciting week is ahead of us. The market might be down, but the future is bright.
You deserve valuable tokens & exciting startups.

English

Street Batch S1.
Exciting companies which would have never touched crypto or never found an intrinsic value proposition for their token without pivoting their whole business.
Real companies with real value that contribute to the real GDP, not the 50th L2 or 100th perpsDEX & the tokens you hold are actually equity-grade ownership.
Gradual rollouts of the Batch S1 is coming & YES you can still apply for Batch 1 until Christmas under accelerate.street.app.

English

Check out my score on the @FlyingTulip_ accredited investor quiz. I am now ready to register for the whitelist. Are you? Use this link to take the quiz and secure your spot.
flyingtulip.com/quiz/10
English

I'm not building a launchpad.
Street isn't a launchpad. We are a standard. Think of us like the v2 version of ERC-20 or SPL.
We take no fees from founders. We are working alongside several launchpads. Also good to understand why are we doing this. It would be pretty simple for us to bootstrap a launchpad and take 100bps volume fees from project to launch on there.
It honestly might be the better business decision to do that (in the short term). People understand launchpads, they don't understand standards (yet). But i'm not a fan for one reasons. Street has to succeed for crypto to continue being invest-able. The mission risks failing if we overindex on being a launchpad and start PVPing people. I want the best launchpads to win + our mission to win.
If we want to have a future where tokens are investable assets and not only VC/founder grifts, Street has to succeed in making crypto the go-to way to deploy early-stage VALUABLE public vehicles. We have to prove that impatient & volatile capital is worth the downsides that you take for constant stream of revenue & users & attention. If we at the same time compete against every launchpad in the game, it's just draining capital & energy worth putting into the mission.
You're able to launch ERC-S tokens on:
+ @MeteoraAG
+ @AerodromeFi
+ @Pumpfun
+ @noicedotso
+ @believeapp
+ @LaunchOnSoar
+ Binance Launchpool
.... (you get the point)
On the other hand i do have a few products in line as supporting governance platforms which can help Street be maxxed out accountability for founders.
Easiest problem i see is that at some point Street will enter a bubble (probably next cycle). We'll have a lot of larger private firms who want to tokenise and at the same time are only ready to put a small amount of equity into the ________ SPV, which the token monetarily governs.
Imagine following example:
Hottest Humanoid Robotics Firm "RoboticsLab" ($100b private valuation) approaches Street to put 1% ($1b) of equity inside a SPV and deploy an ERC-S token (with a 200bps fee):
They now enable two things:
- insane new revenue stream enabled (prob north of value of equity)
- new vehicle to fund M&A, R&D with and OTC own tokens to investors / market-sale.
Easiest solution for this is a futarchy governed governance market on the treasury of fees/own tokens.
(i'm more outlining a concept here, in reality these products will get a lot of feedback from projects/VCs/startups and we probably have to change some stuff until PMF)
We will always lobby against ICOs from retail. I think it's an evil and unncessary thing to raise intial capital (both uncapped/capped) from retail investors. It shows weakness and signals same thing like a IPO to VCs. I'm not totally against it, but it's usually a red flag if a projects want to raise money from retail over VCs.
So currently working on setting up a futarchy solution for this on @Base (no we are not only Base, but Base doesn't have an existing good provider for futarchy markets). Should be done EOM alongside our first ERC-S launch.
Street never has the sole purpose of raising funds for a project, since that only attracts bad companies & grifters.
"Hey you did this ICO to the public market @ $50M val with 10% equity inside the Street x _____ SPV, so retail already had access to a fixed valuation. Why would I, as a VC, fund a private round if i'm exit liquidity to a bunch of unaccredited investors"
It's a hard mission and the likelihood for failure is still present, but i think it's a noble attempt in trying to save this space from absolute irrelevancy. LPs are withdrawing their money because blockchain isn't exciting anymore. Crypto VCs which specialised for years on crypto markets pivot 180 degree to robotics (think Mechanism/Tangent).
If you're a crypto-only VC and continue to live in this dream world that the 100th Layer 1 or 50th DeFi neobank app will change the world and return capital to your LPs, i can't help you.
Beyoglu@kontrarecai
@0xSleuth_ @MiyaHedge Do we need one more “revolutionary” launchpad? Even the brilliant one & hot prospect have not able to prove itself? What will change with Street?
English

Alright ladies and gents. Like and comment your sol wallet (important)
Here's the rules of the stream starting SOON.
I will go live HERE: https://pump .fun/profile/@zssbecker under a new token.
DO NOT BUY THE TEST TOKEN DO NOT. NOT A JOKE. If you do that's on you.
We are gonna talk markets, play games....for a lot of money.
We will be playing OLD unreal tournament 99. Google old unreal to get it.

English

@flashnet sp1pgss84rqp26urzlvuhet0ztuxfnczzmu7k27em55q0jw0yg3fgphnkshnvprsf

@boardinalz bc1pwc0nh6mm6q8ez9wrc7my7g3jsnxjt6njgu8j69y5a2smy5jzug4s6yapzl
Porsche911 🔆 ری ٹویٹ کیا

A new era of wealth is loading…
Watch closely. Stay GOLDN. 🔔
The first ones to enter take the role that seals them in history. discord.gg/goldn
English

@Bitcoinworldapp bc1pzj28jhcjvyh4yz8t46dvmrj3crxhwhwvwpcjng65lheu02jpj22se236x8
HT

@System___ZT @boardinalz bc1ptn3nrhzzy6v8x5shtp0xtdteszuasye4gekuct8g9y36ldny0p6q3xely0
Indonesia
Porsche911 🔆 ری ٹویٹ کیا

Akita Mia —— Spark 协议首个 NFT 合集即将推出 🔔
Akita Mia
• 起源于 2024 年,一位 GitHub 开发者基于 LRC-20 的设想
• 2025 年在 Spark 上重启,代表 LRC-20(BTKN)遗产与技术结合
• 即将上线 Bitcoin Ordinals 与 Spark 的独家 NFT 合集
Mint 信息
• 时间:待公布
• 总量:3400
• 价格:免费
白名单抽奖
• 4 GTD WL
• 20 FCFS WL
参与方式
•关注 @AkitaMiabtc_ @spark @runes_leo
•点赞并转发本条推文

中文




