Teng Yan 🥕 @0xPrismatic
I like Crypto, AI, Science & NFTs // Prev: @Delphi_Digital, @holmusk, medicine // Writings: https://t.co/hFTrhGYUyQ // Currently: Chasing a grand ambition Joined August 2020-
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Second-tranche SOL auction buyers are not going to be very happy. Decent probability of SOL going <$110 in the coming weeks.
Second-tranche SOL auction buyers are not going to be very happy. Decent probability of SOL going <$110 in the coming weeks.
Existential questions for anyone trading crypto: 1) Are you a square? Or are you a sharp? 2) What is your edge? or are you just simping for Ansem? 3)
All of our 1TK podcast episodes on gaming & NFTs are available on Spotify — if you prefer to listen rather than look at our faces. 🤠 The latest episode, recorded a week ago, is up now. @0xkapital_k Link here: podcasters.spotify.com/pod/show/1tk
All of our 1TK podcast episodes on gaming & NFTs are available on Spotify — if you prefer to listen rather than look at our faces. 🤠 The latest episode, recorded a week ago, is up now. @0xkapital_k Link here: podcasters.spotify.com/pod/show/1tk
I've personally never understood the hype around Eigenlayer. Or why Ethereum needs it.
Have talked to people about this recently. Some common things agreed upon: 1) >10% initial airdrop, ideally 15 2) no vesting on airdrop 3) over half to community after 4 yr 4) tail emission okay, worst case is don’t need it 5) rooted in fairness w no substantial Sybil advantage
Have talked to people about this recently. Some common things agreed upon: 1) >10% initial airdrop, ideally 15 2) no vesting on airdrop 3) over half to community after 4 yr 4) tail emission okay, worst case is don’t need it 5) rooted in fairness w no substantial Sybil advantage
The state of crypto today summed up poetically. @hero_glyphs @0xMaki
AI Town 1 Click Launcher One of the coolest AI projects I've tried, by the AI team at @a16z, where a bunch of AI characters interact with one another in a persistent universe, and I can also join as a character. Supports Mac & Linux (No Windows), only prerequisite is @ollama.
AI Town 1 Click Launcher One of the coolest AI projects I've tried, by the AI team at @a16z, where a bunch of AI characters interact with one another in a persistent universe, and I can also join as a character. Supports Mac & Linux (No Windows), only prerequisite is @ollama. https://t.co/BiPLVHfDZ6
before joining monad, i spent ~3 years venture investing at @cmsholdings and saw probably 1,500 to 2,000 different pitches from startups in crypto through awesome efforts by Cobie / echo, Loomdart, as well as generally more “angel deals”, dealflow and private crypto markets are…
Bittensor is flawed. I'm fascinated by the idea of decentralised collective intelligence and was exploring the BT model to bootstrap AI networks in specific domains. But I found several things that gave me pause: 1. Incentive-driven competition WITHIN subnets to produce the…
If you live and breathe NFTs and are interested in a research role.. I can't imagine a better opportunity today than this one with @Delphi_Digital
If you live and breathe NFTs and are interested in a research role.. I can't imagine a better opportunity today than this one with @Delphi_Digital
Some important crypto thoughts bubbling in my mind this week... 1) Stripe stablecoin news was massive, they legitimize things in fintech the way Elon does in physical industries or Sama does in AI 2) Coinbase is firing on all cylinders - Base, Solana support, fiat offramps,…
I really missed having these convo with Teng. He keeps me in the loop with the nft side of the market. No one else I trust more when it comes to nft stuff. (BUT TOO BAD HE DIDNT TELL ME ABOUT PUPS BEFORE PUPS!!!).
I really missed having these convo with Teng. He keeps me in the loop with the nft side of the market. No one else I trust more when it comes to nft stuff. (BUT TOO BAD HE DIDNT TELL ME ABOUT PUPS BEFORE PUPS!!!).
FRESH RELEASE: Another episode of 1TK with my bro @0xkapital_k (@thecoreloop) on NFTs and Gaming. We cover: - Node sales as a new meta - Degen energy on Bitcoin (Runes, Ordinals) - @MagicEden's meteoric comeback - Mobile games down (why?), hybrid casual games up - Cross-platform…
"Tribalism leads many to believe that being in favor of one option requires being against its perceived antagonist, e.g., that being in favor of Solana means being against Ethereum, or that being in favor of the Move ecosystem means being against Solana, and so on." -@jmonegro
DON'T BE ENSLAVED. WE WILL SAVE YOU
Launching a token can be as easy as sending an email. Unlocking their potential as a new digital primitive and bringing them to market is much harder. I’ve worked with dozens of founders tackling this challenge and am now releasing a 3-part playbook written for everyone. 🧵
The Hierarchy of Productive Assets: Equities/Real Estate >> Crypto (BTC/ETH) >> Commodities >> (after 99 more)... Meme coins
Delphi Digital @Delphi_Digital
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14K Followers 1K Following Cofounder @ritualnet. Previously GP @polychain, @IllinoisCS.@blknoiz06 I assure you if btc hits 50k sol will be much lower than 110
this developing narrative ignores a few key facts... 1) crypto investors are generally the first capital into protocols, providing risk capital and development support, in many cases for years, before a token exists 2) post-tge, team and vc's typically are locked far longer than…
it's kinda wild that we just accept token distributions that give 25% of the entire supply to VCs so that they can dump on you
investors willing to lock for 4 years at $95-110 with $sol trading at $128, that's some commitment right there folks
@0xPrismatic We're also going cross-platform, just like the games hahah
@0xPrismatic @hero_glyphs @0xMaki Poetic is right. I wish I could write like that. (I also strongly agree).
Nothing wrong with being a speculative colieseum Only communists despise free markets
The state of crypto today summed up poetically. @hero_glyphs @0xMaki
It does seem like it is about the right time to start getting involved with zkLLMs. This stuff is at the edge of being practical at least for some uses and with carefully designed architectures. No need for bogus stuff 🤔🤔 @ai @SashaSpiegelman @AveryChing @wachmc @0xPrismatic
@0xPrismatic Because "EIGEN is the Universal Intersubjective Work Token, complementing ETH as the Universal Objective Work Token in EigenLayer."😆
@0xPrismatic I get your perspective. It seems thought that in the next 12 months it will ALL be restaking and actual staking yield might surprise people to the downside. So restaking will be the norm.... Letz seezZz!
@0xPrismatic Seemed like artificial hype to me tbh Turns out it probably was lol
@0xPrismatic Eigenlayer is a centralized middle ware (think of AWS) on top of ETH
@0xPrismatic I had the same reaction when I first saw Eigenlayer, it was the only two projects whose valuations did not fall but increased in the bear mkt (the other was Celestia). Since the popularity is so high, and it can add a layer of income, everybody hype it, maybe that’s what it means
@0xPrismatic Ethereum needs transaction volume. That requires users. That requires user incentives. That requires new narratives. Therefore.
@0xPrismatic same same same same. seems value extractive
great thoughts
Bittensor is flawed. I'm fascinated by the idea of decentralised collective intelligence and was exploring the BT model to bootstrap AI networks in specific domains. But I found several things that gave me pause: 1. Incentive-driven competition WITHIN subnets to produce the…