Share this page!

The Saint Eclectic Profile picture
Twitter logo
17 Nov 21, 14 tweets, 8 min read
I like writing threads to inform, educate and further learning on all things Blockchain, Crypto, DeFi and NFTs.

This is Volume 4 of my thread of threads of past topics for easy reference. Vol 1,2 & 3 included in first posts

Click "Show this thread" to unfurl the topics:🧵👇
VOLUME 1:
- Identifying Good NFT projects
- Solana DeFi
- Rise of the Solana blockchain
- Solana Copycat Projects & ETH outrage
- Thugbirdz: a history
- Solanart Shady Business (3 threads)
- Solana NFT Market Update
- Goblin Lab Showcase
- 5,000 followers!
VOLUME 2:
- Royalties, Revenue Share & NFTs
- Whale purchase of Sol NFTs
- How to spot Cash Grab Projects
- FTX's capital raising & Solana implications
- Navigating NFT "bear" markets
- The Unsolicited NFTs trend
- Fractionalization
- Uruguay NFT Showcase
VOLUME 3:
- Derivative NFTs
- Degen Ape DAO creation
- BackDAO & fractionalization
- COVID-19 & crypto
- The OG NFTs of Solana
- Decentralized Social Media - Solana + Alexis O'Hanian
- Metaplex: Sol NFTs history & future
- Fair Launch Protocol Explained
The @DegenTrashPanda launch proved that the Fair Launch Protocol works, with the community rallying together to meme bid the price to 0.1◎ #bidsmol

The result? Diverse & new ownership, $797k raised for charity, community wins. A mind boggling story ahead
Crypto is still being developed and we are all very early. The @DegenTrashPanda was highly anticipated but also attracted bots & bad behaviour.

The community banded together to investigate and take action. This story is a wild one, strap in...
Here is a more detailed summary of the @DegenTrashPanda botters' methods, wallets and which tokens he still has in them. Links provided for your reference.
Crypto & NFTs sometimes get a bad wrap - it's our job to educate and spread awareness. If you have a friend or know someone who needs a crash course on crypto, SOL & NFTs, I'd love for you to send them this podcast!

open.spotify.com/episode/2oALth…
3 things that make a good NFT project are the development team, utility & community.

Of the 3, Community is one of the hardest things to grow & get right, so what makes a good NFT community and what are some good examples?
The @DegenApeAcademy launch created Candy Machine, @DegenTrashPanda cremated it.

After 2 weeks Candy Machine v2 has been written to help deal with bots & the DTP mint is back open!

Some details about CMv2 and the investment thesis behind DTP:
The @DegenTrashPanda team returned 30 DTPs that it had received from the botter back into the community. Here is how that process was carried out and some further summarizing data on the botting information:
The @DegenTrashPanda project is at the forefront of #solana #nft innovation. Here is an update of its ❤️mini-game, the use of the Entangler protocol written by @redacted_j and the work that is being done on the Raindrops Protocol to power future NFT games.
A quick run down on some @exiledape tokens that were meant to be burned that made their way to an exchange. They have since been de-listed and the situation sorted.
What a 2021 it has been for #Solana. Can you believe how far we've come?

To kick 2022 off on the right note @fraktion_art are dropping fractions of @aeyakovenko's Solana whitepaper NFT to communities.

Looking forward to 2022 with you all!

• • •

Missing some Tweet in this thread? You can try to force a refresh
　

Keep Current with The Saint Eclectic

The Saint Eclectic Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @sainteclectic

The Saint Eclectic Profile picture
31 Dec 21
Solanart was one of the first major NFT exchanges on #Solana. It has a record of behavior that does not live up to community standards.

We should demand better if we are serious about improving Solana and the onboarding of the next wave of users.🧵👇 #nft #solanacommunity Image
Recently many have alleged that Solanart engage in shady, neglectful & cash grabbing behavior. I first covered this topic 3 months ago.

With many new entrants to Solana, not everyone was aware of this.

Interestingly, new stories have come to light.
I will focus on the facts in this thread.

The intention is to share information, then you be the judge as a community and decide what is acceptable for our ecosystem.

Thank you to all of you who reached out - you are making the community a better place.
Read 47 tweets
The Saint Eclectic Profile picture
21 Dec 21
The @DegenTrashPanda #NFT project is using some of the latest #Solana #blockchain innovations in its game such as the Entangler & Raindrops protocol

Here's what you need to know about the X'mas❤️mini-game + the innovations this project is pioneering🧵👇#nftcommunity
People who minted DTPs before the pause would have noticed ❤️ traits with a # from 1 to 6 applied to their panda.

This was part of a minigame @pit_the_panda has created for X'mas. In typical Pit / Joker style, he kept us guessing on its objective.
The aim of the game was to reward those who held their pandas longest without moving or listing them. Every snapshot if they had not been moved the ❤️ # decreased, with the aim being to get to 1❤️

The lower the ❤️ #, the greater the chance for your Panda to get an X'mas outfit!
Read 15 tweets
The Saint Eclectic Profile picture
21 Dec 21
Developing the ability to spot cash grab projects is more important than ever with the increasing # of projects on @Solana being launched every day.

I wrote this thread about @SolSoulsNFT as a case study in October. An update: 🧵👇
#nft #nftcommunity #eth
- Floor price crashed from 1 SOL to 0.09 SOL
- They released Halloween items but not much else
- Some community tried to support them but it has been a slow bleed
- Same team has launched @nova_launch to help ppl launch NFTs for a sizeable fee. Beware.
Updates from Sir Spooks a lot constantly promising more.

They walked away with 30,000 SOL ($4m at the time).

If they haven't 'hired, expanded or funded a DAO'... no way they are doing any of that now...
Read 4 tweets
The Saint Eclectic Profile picture
20 Dec 21
A few lucky @Degentrashpanda minters received an airdrop panda 3 days ago. These were 30 tokens received from the botter that we wanted to get back into community hands.

In arranging this we had to go through a fair bit of data, so some stats for you🧵👇#solana #nft
- There were 14,173 tokens minted by 5504 wallets before the pause
- This means ~2.6 pandas per wallet minted
- The 8 known bot wallets minted 240 tokens (1.6% of supply)
- He returned 30 tokens (mostly common/uncommons with rare traits, no ultra rares which he kept to sell)
- For the lottery we used random number generation to pick the 30 winners
- Botter wallets were removed from the lottery
- 1 mint = 1 chance
- The odds of winning a returned token was 30/13,933 (0.2%)
- The top non-botter wallet minted 247 tokens. 2nd most was 101 tokens
Read 4 tweets
The Saint Eclectic Profile picture
16 Dec 21
The @DegenTrashPanda mint was paused to address vulnerabilities in the Candy Machine NFT deployment protocol

CMv2 was rewritten in a frenzy of coding by @redacted_j and just 2 weeks later, the mint is now reopened

Some background on CMv2 & why you should be excited for DTP🧵👇 Image
The DTP mint kicked off late November. Shortly after it was discovered that many super rare & mythic tokens were being sniped by a botter. The community investigated, went through the details & took action.
Several factors created conditions that supported the botting:
1. There was a full week between the FLP lottery & mint
2. A market to trade DTP tokens was created on dexlabs

This gave time for the botter to acquire a large # of tokens in preparation for the mint
Read 27 tweets
The Saint Eclectic Profile picture
29 Nov 21
With its Fair Launch, beautiful 3D art and an innovative approach the @DegenTrashPanda has been a blockbuster mint.

It has also unfortunately attracted bots & bad behaviour.

It's up to the community to investigate & set standards, so here is what we found & the action taken🧵👇
This thread was made with @DegenDAOO members, many of which took it upon themselves to do research, share info & come together to protect the community.

@NFTjordy @ApeddaddyRick @Funksonait @DegenAbeTrades @SuckMyLiqCrypto. Thank You.
Back to the story.

The @DegenTrashPanda mint launched on Nov 24th. After several delays, excited winners of fair launch tokens started swapping their tokens for trash pandas - people excitedly posted their NFTs and twitter was swarmed with Panda profile pictures.
Read 31 tweets

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

Like this author's thread?

Get emails when @sainteclectic has new unrolls!

Check out other threads from @sainteclectic!

Read all threads by @sainteclectic

:(