Listen @terra_money fam:

It starts with the avatar: the base layer.

Everyone can mint one.

The interesting part comes after, with the items you can equip.

Let's talk about items and their possible properties, shall we?

Items are the source of rarity and customization for your avatar.

They could have properties such as being untransferable, thus giving you @poapxyz "proof of attendance" badges.
They could have a property such as "impossible to un-equip, except if it has X other NFT"

They could have "durability", thus every time you unequipped your NFT (or after X amount of time), your item would lose its power and break, becoming untransferable.
These kind of properties could be useful for items such as "protocol boosties" where you'd get an item that could give you an extra APY, but that couldn't be transferred and that would expire with time, or lose power when un-equipped.
Anyways, many of these ideas I put here are a mix of brainstorming with guys such as @Josephliow, @ZeMariaMacedo, @larry0x, @redphonecrypto, @danku_r, @jurad0x, @chynoman10 and other gigabrains that have added to the mix
And of course, by reading a lot of what @punk6529 has posted.

This guy clearly is a time traveler:
And ofc @terranaut3's brilliant analysis on NFTs and communities:

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More from @TheMoonMidas

14 Oct
Most NFT and protocol "communities" are not real communities.

And that's a big problem for them.

See, when we talk about these communities, what comes to your mind?

If we're talking about NFTs, it probably involves some sort of grinding for being in the whitelist.

Maybe you have to invite (spam) people.

Perhaps you have to chat (spam) to get your place.
Other "communities" only have their marketplace where people are spamming all day their NFTs trying to sell them or buy them, in hopes of making some money in the process.
Read 18 tweets
26 Sep
Hey $LUNA fam, @terra_money's Columbus-5 update is just around the corner.

What does that mean for you?

⚠️Pay attention as this is SUPER important⚠️

First, WTF is that "Col-5" thing everyone is talking about?

This is Terra's most wanted mainnet upgrade.

It will unleash a whole new world of possibilities for the Terra ecosystem.

From bridges to faster transactions.
It will allow the 50+ protocols to start their launch sequences.

Read 9 tweets
15 Sep
We all know that there are 50+ protocols/dapps launching after Col-5...

...but, did you know about the projects being built on the latest hackathon?

$LUNA fam, better pay attention!

Seesaw - Maximizing Capital Efficiency on Terra

A perpetual futures protocol which allows any asset with an oracle data-feed to be traded.

@Plutos_Pot - Gamified Charitable Raffles Dapp

* Fast, daily and weekly Jackpots
* 5% of all entry fees are passed onto @angelprotocol
* Guaranteed winner each raffle
* Liquidity pools in @loop_finance
Read 23 tweets
11 Sep
Hey @novogratz, have you checked the first NFTs on Terra? :)
Hey @arrington :) are you aware that Terra already has NFTs?
Read 4 tweets
11 Sep
How to find alpha 101.

So you want to get that juicy alpha, right ser?

Good. You've come to the best spot.

Alpha is not that hard to find, actually.

But it does require a bit of perseverance and put the work in.

Oh yeah, nothing comes free ser.

If you want THE alpha, you must work for it.
That's the first rule.

But how do you find it?

Well, first things I did back in the days:

1. Focus on 1-3 ecosystems.


You can't stay updated an all the crypto stuff and expect to find alpha. That's cause you only scratch the surface that way.
Read 12 tweets
24 Aug
In the next months we will have a bunch of new protocols launching in the @terra_money ecosystem.

But which ones I'm the most bullish and why?

Which ones will drive $LUNA's price the most?

.@mars_protocol = Money market. Gonna drive a lot of UST and will provide huge opportunities for leverage and strategies that include borrowing/lending assets.

Following @TaikiMaeda2 thesis that whales follow money markets, this will be one of the protocols that will be on top.
.@astroport_fi = AMM/DEX focused on providing LPs with the best experience.

Terraswap's replacement, Astroport gets everything right that TS didn't.

Takes the best experience from Ethereum dev and brings it to Terra: Curve/Balancer LPs, Governance, Swapping, etc.
Read 11 tweets

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