蒋宁川

This is how i'm interpreting this: a blue circle (last post)," biggest sponsor to be revealed" + a blue circle. This has to be @base otherwise, wtf? Also, if you've noticed. on @virtuals_io page for base:0x296eb9c4d8fcbd00fbc6d5027e4202bf955fa76f app.virtuals.io/virtuals/830… The dev info has been updated to: @PeakMode_ From what I remember, this can only be done by the DEV. So as far as give a shit, this tells me there is actually a plan to send the token. aaaaaaaaaahhhhhh i'm peaking p.s. a very small alpha/secret (i will not share this one, don't dm me :D) There is 1 person with @base badge and some of the wallets are pretty interesting. Has no base:0x296eb9c4d8fcbd00fbc6d5027e4202bf955fa76f ,but very convenient connections. Kinda makes sense because of the "region" where Everest is located. also ex virtuals (not team)

My 2 year anniversary with @virtuals_io is only a couple months away. (I assume the same for most) Prologue Throughout my time, I've watched the team try to iterate over and over and over again, not once being able to find the glory of late '24/ early '25. They did come real close with Genesis, but unfortunately the perverse incentive for @virtuals_io as a launchpad ended up killing it. P.S perverse incentive == volume. It's not meant to bash the team, but simply to highlight how the focus on self-interest is not particularly conductive to the mid to long term health of the ecosystem. You see: As a user, I and many others are looking for 1 thing and 1 thing only. Profit . As a project, you're looking for users to hold your token (so you can exit later 😭😭) As a protocol/launchpad, you're looking for users to create Volume, so you can make money. The mismatch between these 3 has always existed. Everyone wants to come out on top. Does @virtuals_io put users first and potentially alienate real projects? or do they put projects first and alienate users? Personally, the users should unequivocally come first. I believe in the phrase "no users , no launches" The Problem After all these years and the constant battle to find attention through new mechanisms, @virtuals_io has run into 2 problems from the outside view. a) The classic ring around the rosie trap b) The use of ecosystem users as a stepping stone to fund projects that should never exist. The Trap "a)" This is a very simple problem, that stems from regurgitating the same updates over and over again by simply wrapping it differently. Example: For Genesis the team created Points. To get points, you had to YAP and create VOLUME On the social side this incentivized people to slop post and bot post. On the token side this incentivized users to heavily wash trade. This time around for @RobinhoodCrypto , they brought HyperBoost: Yap to get some token allo Create volume to get some token allo (i don't wish to discuss where they suddenly find these new tokens) This is literally Genesis points farming wrapped differently. Parasitic Funding "b)" This is specifically related to ACF and Buy/Sell taxes (past 1 minute) The mechanisms mentioned treat the ecosystem users as a temporary resource as opposed to a long term partner. Projects such as $IN , $HAN , $GTR are perfect examples of how the ecosystem user was nothing but a resource to be used and abused while bringing nothing to the table for the users. (P.s. the above does not treat these projects as scams or extractors, the focus is solely on ACF and buy taxes) Over $500,000 of funds were essentially given to these teams, money that directly came from users who bought the token. (this excludes 1% tax) Some of it in the form of USDC through ACF. Most of it in the form of project tokens through Buy Tax. In normal circumstances I'd argue that there is one positive to the buybacks, as it creates an exit for buyers through steady purchases. Unfortunately most of the purchases happen on the first day of launch (highest volume for all tokens) and it's ~$100 increments. Meaning i doubt it has a large enough positive impact per user. Solution There is no 1 perfect solution to launchpads. But there are things that can be done to limit the negative aspects that alienate users. 1) Yapping should not exist. I think it's been proven to do nothing. 2) ACF needs a rework. The minimum threshold should be brought up to 5m (and i'm being generous here). 2m FDV is too low. 3) Removal of all buy and sell taxes, except for 1min. Smart use of tax proceeds -> 50/50 split into the LP locked. 4) Expand @virtuals_io to US and Europe. I can't be the only one here that thinks majority of the launches are India or Southeast Asia based, with like 1-2 people running a project built by claude. Not saying US/EU would make any difference in the poor quality of launches, but maybe it would help expand the pool of candidates to larger teams with actual potential? who knows, the virt team clearly has employees whose only job is to find these projects. Conclusion Overall @virtuals_io still one of the best places to launch. (this assumes the death of attention across the board) 1) The 1 minute tax, protects your users from massive block 0 snipers and gives users to buy in earlier than they normally would. 2) The 1% tax is given to projects directly from user purchases in the form of USDC, instead of being divided into 50/50 token/weth. 3) Has an already existing user base, even though we're all crying and hoping for things to get better. 4) Proven track record of bringing massive liquidity to tokens without much @X attention through KOL's The team just gotta focus on actually feeding and protecting the userbase instead of using us as a resource for wealth transfer into the hands of projects who launch. -------------------------------------- I chose not to discuss @virtuals_io not using projects that launch on their platform for flagship products, such as Degen Arena due to: a) difference in opinion b) discussion of favoritism I personally see it as cannabalization of it's own ecosystem. E.g. why not use @Shekel_Agentic or @ethy_agent for products such as Degen Arena. just makes sense to me since both are paired with solana:3iQL8BFS2vE7mww4ehAqQHAsbmRNCrPxizWAT2Zfyr9y . Literally a positive to both projects and virt token. -------------------------------------------------- This is CRYPTO and a LAUNCHPAD, arguments such as "you don't have to buy", "don't have to partake" are not valid. This is literally what the industry is about. This is literally the industry Virtuals has chosen to operate within. (includes other launchpads.