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Building The Internet’s Lottery

Joined April 2021
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We watched what didn’t work and took notes. A decade of lessons, one project. If it resonates, please share, like, and follow @1Earthh
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I just minted my 1-Earth 🌍 Gold Frame 🖼️ and became a founding member of the @1earthh community. Join me in the 50/50 draw on November 18th @ 11:11 AM EST. 1-earth.io
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Gold Frame Mint goes live in 1 hour only at 1-earth.io What does a 20 USDC Gold Frame do and why? 1) Every piece of digital art deserves a frame. We want to be inclusive and welcoming to all communities. Frame your pfp here 1-earth.io/Frame 2) Entry into a 50/50 Drawing. 50% or 100k of the mint goes to the prize pool. There will be 10 winners of 10,000 USDC each! Mint # = Entry # 3) Be a part of a new paradigm. In exchange for 100k to fund operations and development. We are reserving 10% of the supply, 100M/1B to Gold Frame holders. Frames are soulbound and cannot be sold or transferred. We want to introduce our protocol's tech stack gradually. This way entries can never be lost or manipulated.
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Crypto is better with the herd leading than kols. This can’t be possible w memes as the narrative. It’s really simple. Use the technology correctly. Not personal enrichment at the expense of others. Take a product that’s only better bc it’s on chain, not bringing use cases on chain to further speculate.
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Got you
i genuinely don't understand what happened to crypto. we have onchain reputation, web3 gaming, and DePIN sitting right there, yet everyone seems more interested in building the 900th perp dex. PLEASE build something people actually want to use. give me an onchain reputation that actually means something. if i've spent five years contributing to protocols, building communities, and repaying loans, WHY am i still treated like a complete stranger every time i connect to another app? and for f*ck's sake, stop turning TRUST into another leaderboard. people farming reviews, swapping vouches, chasing points, and somehow becoming the most trusted people in crypto. WHAT exactly does that prove? that you're trustworthy or that you've got a better group chat? i want my actual history to speak for me without doxxing myself. and can we PLEASE get a web3 game people actually want to play? give me a game i can lose an entire weekend to. bosses that make me rage quit at 2am, quests that take days to finish, and rare items worth spending 200 hours chasing. i want to LOSE MY MIND when that one impossible item finally drops. let me keep it, flex it, or trade it for something i actually want. not another airdrop waiting room pretending to be a game. if everyone quits when the token rewards stop, YOU DIDN'T BUILD A GAME. and DePIN? what the hell happened there? let someone install a hotspot, provide real internet coverage, and earn because people are actually PAYING to use it. stop showing me thousands of nodes on a dashboard and calling it adoption. WHO is paying for the service? would anyone still pay if the token stopped subsidizing everything? if nobody needs your network without emissions, you've built a farm, not infrastructure. we've become so good at paying people to look like users that we've forgotten how to build things people WANT to use. but sure, let's launch another chain that's dead on arrival, another perp dex fighting for the same recycled traders, another points program turning everyone into unpaid interns, and another token looking for a reason to exist. we keep talking about onboarding the next billion users while building the same sh*t for the same 100k wallets. WHAT THE F*CK are we building all this infrastructure for?
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The market volatility reminds of when Obama got elected. (Historical, not political statement).
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I think crypto has struggled because it hasn’t been used properly. Over the next days/ weeks/ months / years/ decades - I hope that you will trust us to introduce a new, innovative use case. 1 that not only disrupts a millennial-old institution, but only feasible on-chain.
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coins launched: 43.4m coins above $100k mcap: 691 the other 99.998% went to zero.
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Life after the binance hack
🤖 Made with AI
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Binance hack prob not as bad imho. Robust balance sheet to cover. Prob exacerbates more spending and attention to opsec. Crypto is anti fragile. More battles, stronger warrior. The freezing of stables is a lil worrisome from decentralization aspect. Understand here obv, but lil antithetical. Sort of bad precedent if extrapolate onto cbdc / ubiquitous scenarios.
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Sweeping every NFT floor.
So your the Binance hacker and sitting on $5 BILLION in stolen funds. You can’t use any exchanges as your wallets are blacklisted from all of them One tiny mistake is getting you caught. What would you do?
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We can recreate this. Little addition by subtraction. Putting the herd first. Not sucking off the worst people.
I don’t think I could ever properly explain to newcomers how awesome crypto twitter was in 2021
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Crypto companies are historically terrible at marketing. One that bucked the trend is hype. Jeff barely ever tweets. When he does tweet it’s always measured and intelligent. He built a bullet proof narrative around taking no venture money and then just continuously shipped upgrades to the best perps dex. He made a product so good that it didn’t need marketing. That’s elite marketing in and of itself. Contrast that with pump fun. They just paid kimchi 6m. They paid 6m to onboard 0 users through that avenue. Likes and views on social media have become meaningless. Ppl doom scroll and click like on things they don’t even like. It’s meaningless. Banks and Ansem talked about how kimchi has a partnership with maybe a purse company idk. No one in the real world cares. That doesn’t bring in users. They paid 6m for someone who isn’t tweeting about pump fun every day. Isn’t posting tik toks about pump fun every day. It won’t onboard anyone. Ansem who has been in crypto for 9+ years isn’t even aware how speculative assets in our space work. He decided to run a creator coin but inexplicably didn’t realize that he had to tweet about it every day for the next 2 years of his life. Everyone says it’s an attention economy but doesn’t understand what that actually means. An attention economy means you need attention around the product itself not a person associated with the product. This is why coins based on people never work on a time frame longer than a month or in the case of Trump 72 hours. Remember ansem’s thesis about the Nick Shirley coin? The crux was “he’s getting millions of views on social media so the coin will go up.” That overlooked the very simple fact that those views had nothing to do with the coin and never would. If dip wheeler did too much cocaine in December of 2024 and had a heart attack and was out of commission do you think Fartcoin would have still gone to 2B. It would have because the product itself was the marketing. Shout out Dip tho, one of best bull posters in CT history. Mog and spx went into the billions because people spent a year tweeting about the product. That’s the type of attention that matters. Likes and views unrelated to the product are meaningless. They are free. There is no sweat equity and everyone knows that. If you don’t figure out how to take attention and point it directly at your product constantly it’s meaningless attention. It’s just likes and views.
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This is what crypto has become. A pure coordinated social grift extracting from an ever financially illiterate retail base.
Yo @blknoiz06 , I feel sidelined, what should I buy?
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I think all sports have been corrupted by sports betting. So many examples each week of unnatural activities w no dog in the fight. You had an nfl ref say “unfortunately” after a fumble 6 was overturned. It’s breeders cup week, so replays were on. Still can’t get over how rigged victor espinoza ride was on California chrome. He legit looked back 18 times in 2 minutes in the country’s most prestigious horse race. Now compare to his ride w same trip on American Pharoah. If we are gonna make everything sport about gambling, you need to have better integrity. And hooking these cheating fucks up to polygraphs is just the start. They will never agree to this. Sports I love are now serving their gambling masters. From horse racing to nba to NFL. Why brining things on chain for transparency & fairness is paramount. Probable fairness, verifiable by anyone. Rule based order is decaying and code based order will eloquently take its place.
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Has anyone ever called a doctors office and not have to "listen carefully as the menu options have changed?"
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“A cynic is a man who knows the price of everything & the value of nothing.” Oscar Wilde on the current state of crypto affairs.
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A piece of advice from an unc: call your grandmothers. When they’re gone there will be a few times a year you’ll have an urge to call. And no one to answer. Front load everything important in life.
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"Ask, and it will be given to you; search, and you will find; knock, and the door will be opened for you. For everyone who asks receives, and everyone who searches finds, and for everyone who knocks, the door will be opened." Matthew 7:7
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