A plea to @opensea on behalf of all your users πŸ™

Use some of the $200M+ in fees you raked in last month & make some development upgrades.

I speak for all of us when I request the following updates/improvements:

(THREAD)🧡

πŸ‘‡πŸ‘‡πŸ‘‡
1) Improve search so users can find things without typing in exact right name. How is it that the top results for "kongs" yield collections with a combined 0.0 ETH volume & Rumble Kong League w/ 8K ETH CyberKongz w/ 17K ETH don't even appear on the list at all?

Fix this.
2) Allow users to filter the "View Activity" list for a given collection by properties/traits. The filter menu should be the same for activity as it is for "View Collection".

Users want to be able to see sales history for a given rarity trait (or combination) easily.
3) Allow more flexibility with the display of Your Profile view. Users should be able to customize which NFT's are shown at the top, group their NFT's by collection, or drag them around in a custom view that can be saved to their profile. The ability to just sort is insufficient.
4a) Put system in place where users can identify scam collections. Here's an example w/ @Etherlambos . Users should be able to flag these🚩. After a certain # of users flagging a given collection, it should display a large warning "Warning - Pending Review by OS Team. Beware"⚠️
4b) Obviously, Opensea should actively try to remove these scam collections from the marketplace. A dedicated team should be put in place to protect users by reviewing the collections that have been flagged by the community.
5) Improve data analytics, particularly charting. You have the right information, there's no reason that we shouldn't have hourly charting data.

This is incredibly crude currently for the leading exchange in a multi-billion $ marketplace.

Imagine if a CEX only offered this πŸ˜‚
6) Rounding off numbers for the sake of display is fine, but when you hover over the # of owners/items/volume - it should display the exact (non-rounded) number. Users continually are looking at how distribution of collections is trending, so exact # of owner data is important.
7) Add pace of sales as a metric (NFT sales/hour). A collection that is selling 10 NFT's per minute at 0.01 ETH is just as interesting to us (and maybe more) as a collection that is selling 1 per hr @ 4 ETH.

This many times is a better metric for "trending" than volume change.
8) Make it PAINFULLY clear when offers are presented in USDC or DAI in lieu of ETH. You're already calculating % below floor, should be easy enough to add a warning message:

⚠️You are accepting an offer in DAI. This offer is >99% below the current floor. Are you sure?⚠️
9) In summary, you have built a great platform. It's the most widely used in the NFT space...congrats πŸ‘πŸ‘

Now that you have adequate funding, please make basic upgrades to protect your users & make the marketplace more functional.

Do that & we will continue to support you! 😎

β€’ β€’ β€’

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More from @El_Crypto_Chapo

25 Sep
The tokenomics model for @RevolveGamesio is innovative & absolutely brilliant.

It generates strong demand for the $RPG token, while also restricting supply through staking. Here’s a quick thread 🧡 explaining how it works πŸ‘‡

(I think you’ll like it 😎)
1) Unlike other P2E games where users are paying to mint characters & vehicles, this is a stake-to-mint model. Users stake $RPG to mint their avatars/items. The more $RPG they stake, the higher chance of getting rarer traits on the items and avatars that they mint. Genius 🧠
2) Those who want to play the game must buy $RPG to stake & then lock it in the staking contract to mint their avatar & get equipped.

Demand πŸ“ˆ Supply πŸ“‰

That’s not all…

Now that the $RPG is staked, this is where things get real spicy 🌢
Read 7 tweets
14 Sep
$ZCX is surging and has quickly become my largest single holding.

What is @unizen_io?
Why is it garnering so much attention?
Does it still have room to run?

A thread πŸ§΅πŸ‘‡πŸ‘‡πŸ‘‡
1) Unizen has built a modular exchange aggregator, which allows traders access to both centralized exchanges (CEX) and decentralized exchanges (DEX) all via a single common platform. You may have seen the new term coined #CeDeFi (Centralized+Decentralized Finance)
2) This isn't just about making things easy for traders, it's more about creating the deepest liquidity pools available in the space. Serious traders will always tend to flock to the exchanges that have the deepest liquidity pools. This minimizes slippage & maximizes returns.
Read 15 tweets
30 Aug
There are a lot of people, many who I greatly respect & have a wealth of experience in crypto, who are not currently in #NFT bc they still don't believe in it. They still don't understand why people are paying absurd amounts of $$ for jpegs.

Allow me to explain (thread) πŸ‘‡πŸ‘‡πŸ‘‡
1) In the last year, the crypto market has expanded by $1.7T. This has created A LOT of newfound wealth, predominately in people who are ages 20-35. There's a common theme amongst these newly minted millionaires: Their online persona/status is more important than IRL status.
2) New millionaires almost always seek status symbols as a way to show the world that they've "made it". The long-standing Lambo meme is the textbook example.

If these new millionaires would buy a Lambo, however, who would they show it off to? How many people would see it? πŸ€·β€β™‚οΈ
Read 18 tweets

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