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27 Nov, 5 tweets, 2 min read
The 1000◎ @DegenTrashPanda was bought by wallet BeiJ, funded by 6ZRC.

6ZRC is not a "normal wallet" because it is the FTX exchange: the buyer sent funds from FTX.

In fact, this very 6ZRC wallet was the one which funded the SMB Skellie King purchase👀👇
Image
Trash Panda transaction, funded 6ZRC: solscan.io/account/BeiJYM… Image
Skellie King transaction, funded by 6ZRC:
solscan.io/account/J7miek… Image
To be clear this means FTX exchange funded the wallets buying the NFTs.

This happens whenever someone (you or me) sends SOL from our FTX accounts to our phantom wallet address
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More from @sainteclectic

The Saint Eclectic Profile picture
29 Nov
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
The Saint Eclectic Profile picture
28 Nov
Our friend with the wallet "BEIJ" is back again.

Hot on the heels of his 1,000◎ @DegenTrashPanda purchase, he has now acquired:
- @DegenApeAcademy Ape #744 for 369◎
- Ape #9538 for 173◎
- Ape#9714 for 189◎

A total of 1,731◎ ($328k) spent on the Degeniverse in 2 days👀👇 Image
This wallet BEIJ sent 3594◎ ($682k) from their CEX account on FTX exchange to their Solana wallet to fund their Degeniverse habit.

This does not imply its FTX, this is just what you'd see if you or I transferred SOL across from our FTX CEX account. Read on to see the purchases: Image
Purchase of the @DegenTrashPanda Astronaut:
solscan.io/tx/38h7CSCFFUk… Image
Read 7 tweets
The Saint Eclectic Profile picture
12 Nov
At the @solanaconf @redacted_j went through the history, present and future of @metaplex, the decentralized protocol that allows artists, brands and creators launch a self-hosted NFT storefront.

It’s basically what powers Solana NFTs today. Some history, and then the future.🧵👇
Before we begin, this thread is part of a collab with @sinoglobalcap's @sallywang666 & @cryptoflowpost's summary of @solanaconf.

Summary thread here:

A large part of this thread summarizes @redacted_j's presentation @SolanaConf with some of my thoughts
Back to Metaplex.

This picture was the first NFT minted on Metaplex. A picture of industry OGs @redacted_j and @baalazamon (“B+J”) at their former employer.

In May 2021 they built the original metaplex contract in 2 weeks, with other OGs @stphnhss, @Austin_Federa and @nkumar23
Read 31 tweets
The Saint Eclectic Profile picture
11 Nov
Solana Ventures announced a $100m fund to build decentralized social media protocols on #Solana in partnership with @alexisohanian's fund 776 Capital.

Alexis is the founder of @Reddit (r/wallstreetbets' home) & owner of cryptopunks & a @SolanaMBS.

This is groundbreaking...🧵👇
Before we begin the summary, this thread is part of a collab with @sinoglobalcap's @sallywang666 & @cryptoflowpost's summary of @solanaconf. They've covered the rest of Solana Conf highlights in great detail.

You can see the summary thread here:
Back to the thread.

Alexis also bought cryptopunk #2950 for wife tennis legend @serenawilliams, who I have to mention because I love her, the sport and her cryptopunk.

Already you can see Alexis is a champion of sorts for crypto adoption. WAGMI.
Read 17 tweets
The Saint Eclectic Profile picture
10 Nov
A short story about the this cute little Saint Monkey Baby honorary jpeg.

A week ago I spent some time in @MonkeDAO discussing derivatives for a thread.

One of the monkes I spoke to engaged me in DMs to discuss the topic which still divides communities to this day. 🧵👇 Image
Little did I know that he was putting together his own homage Monkey Baby Business @SolanaMBB which donated all proceeds to the DAO.

I only found out it was him behind the drop much later, after the project had launched.
This was because it was a secret, though MonkeDAO leaders did hint at a really exciting derivative / homage coming along.

His team worked tirelessly for weeks and to prepare it.
Read 7 tweets
The Saint Eclectic Profile picture
9 Oct
One of the more recent features to hit NFTs has been revenue-sharing mechanisms.

“You mean I can be a collector of fine jpeg art that pays me money for holding it? Sign me up!”

Not so fast buddy, here's why. 🧵👇 #NFTs #SEC #Royalties #Ethereum #Solana #SolanaNFT
Before we start a big shout out to @Digitalxmisfits for his big brain collaboration on this topic, give him a follow.

Also to the @DegenDAOO and @ThugDAO. I am lucky to sit on their DAO councils which allows me to engage in some interesting discussions on NFT/DAO development.
In the last few weeks we’ve seen quite a few projects adopt this mechanism to attract buyers. On Eth @CyberKongz is one of the best known examples.

It is a collection of 1000 34x34 pixel apes with the 990 Genesis versions paying out 10 $BANANA tokens p/day to holders for 10 yrs
Read 32 tweets

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