We don't have enough quality blockspace.

I want to take a second and set proper expectations around the new @xeetdotai InfoFi revealed many things about the crypto industry, TGE's, and the value of creators. Needless to say, I think all of the parties involved left with a general distrust of each other. Many projects paid good money, for minimal results, and then got fudded relentlessly if their token price did not go up. Many creators got screwed by projects that delayed TGE's, changed the terms of the deal, or just ghosted everyone. This was never sustainable.. and we said that from the very beginning. How will the "new" Xeet be different? 1⃣ We are not rewarding people to post. We are rewarding creators and their squads for results that can be measured OUTSIDE of X. 2⃣ We are not scoring your posts. In fact, if you can get results without posting on X at all ... why should anyone care? Maybe you have a TG group, a Youtube channel, etc.... all the better. 3⃣ Only Xeet Certified creators and their card holders can participate. 4⃣ On chain results are not just multipliers... they are the only thing that is being measured. Will a results first marketing platform work? We are about to find out.

I wanted to see how the hack-occurrence increase overlayed with model release windows. It definitely felt like things have accelerated since Opus, and the data does show that to a degree. Speculated Mythos leaks also coincides with share spike in occurences.

just ripped some $500 one piece packs on @mnstr and pulled some bangers, was drawn to trying these guys out with the 93% buyback which is crazy and not only that theres no time limit on the buyback either. pleasantly surprized with these guys, this space has enormous potential imo

Easiest way to access Mega DeFi via Ethereum. USDC in (Ethereum) → USDm out (Mega) Right now 97% of vault captures Merkl rewards on AAVE.

Reminder: Wallet Submission Deadline Tomorrow Please submit your wallets before the Terminal wallet designation period ends tomorrow, June 10th at 11:00 AM EST. To update your information, visit terminal.megaeth.com. After the deadline, wallet submissions will close and all profile changes will be locked. If you do not delegate a wallet, all rewards will be forfeited. Rewards will be distributed automatically to eligible Terminal participants' delegated wallet addresses the following week.

We're at a point of valuation divergence that will dictate your chosen path for ecosystem building strategy. Path A: You fundamentally believe that traditional models will win out wrt valuations and value accrual is needed, then you build up additional revenue streams outside of tx fees. Mostly in the way of first party products (trading venues, lending platforms, native stablecoins, block building architecture, etc). These revenues can scale and justify the tens-to-hundreds of billions in token FDVs. Path B: You think blockchains can survive with an AWS model where ~everything is cheap/free and compress further as they scale. Within this, a small subset of users spend for top of block/congestion to justify the model (and valuations) of native tokens. @hosseeb articulated this path well on @therollupco recently, but I don't think this wins out long term for one major reason: it requires scale. Immense scale. Scale that we will not see in any short-med timeframe for a single execution environment (you can miss me with multiple chains representing value accrual to "one" chain). As an example, here are the numbers run against a full-capacity Base over the course of an entire year for stablecoin payments (it's ~$10m in revenue) x.com/bread_/status/20553419… tx fees are just not a strong value capture mechanism and the data load of these systems, even at current levels, are absolutely shattering surrounding infrastructure. Imagine if we actually scaled to the levels needed to reasonably justify hundreds of billions in valuations (we're talking millions of TPS for a single chain). It also ignores major macro trends of users and capital deployers: 1. Stablecoins being used for everything (token sales, trading, gaming, etc) > This makes the "moneyness" premium compress heavily 2. Usage and app/capital deployment dispersal across not-maximally-decentralized blockchains First it was Ethereum relative to Bitcoin. Then it was Solana/Tron/BSC relative to Ethereum. Now it's Hyperliquid/Canton/Tempo relative to Solana/Base. I firmly believe that this trend will continue because it's both convenient for users (better UX) and useful for institutions (more "traditional" features). There are very, very few chains that will be able to just have a token exist and because there are apps on top of it that may or may not use the native token it will do well. Oh, and they're massively scaled to the tunes of millions of TPS in both demand and supply.

You had exactly 1min before packs ran out for Mexico. GL on Czech and Spain broskis.

just a quick reminder if you're eligible on MegaETH Terminal, don't forget to designate a recipient wallet address by June 10th. otherwise you will lose your rewards.

This is going to be a new style of product sale that no platform is currently offering We will be iterating fast here to offer cool stuff for collectors and I’m super excited

This episode should wake up every complacent scaling participant in this industry. → Cloudflare operates >20% of the internet. → CEO is pilled on crypto as integral to the economic stack of future Internet → Needs >1M TPS day 1. Likely more. We don't have enough performant blockspace. (Listen from 1:10:50)

INTERVIEW: Why The Pokémon Card Market Is Blowing Up | Andy8052 Crypto may be down, but @andy8052 of @mnstr explains why physical collectibles are having their moment “They are really a trojan horse to bringing all this inventory onchain.” “These platforms are tokenizing millions of dollars worth of cards.” The NFT comeback might not look like PFPs. It might look like tokenized Charizards 👇

Mega experienced a daily throughput ATH yesterday btw. (I'm removing TGE day because that's not repeatable)

Reminder: Wallet Submission Deadline Please submit your wallets before the Terminal wallet designation period ends on June 10th at 11:00 AM EST. To update your information, visit terminal.megaeth.com. After the deadline, wallet submissions will close and all profile changes will be locked. If you do not delegate a wallet, all rewards will be forfeited. Rewards will be distributed automatically to eligible Terminal participants' delegated wallet addresses the following week.