1/ We're introducing a podcast series where we bring on friends to learn about what's happening with Web3. On this episode @Jaydchang tells us his journey cofounding @genopets - a Play-to-Earn NFT MMORPG.

Here's what we learned: 👇
2/ VCs invest in crypto companies using SAFTs (Simple Agreement for Future Tokens).

Similar to the traditional VC model with SAFEs (Equity).

Allows VCs to quickly invest money with the company promising to give them a % of tokens with cap/discount.

medium.com/@genopets/geno…
3/ Having a successful token launch/NFT requires building an engaged and excited community. @genopets built out their Discord to 130k members prior to a token launch and genesis NFT sale. One of the ways they got people excited was their evolution demo: demo.genopets.me
4/ The most important part of Web3 gaming is making sure the game is fun to play. @genopets plans to onboard the next billion into crypto by making the Web3/crypto mechanics of the game in the background.
5/ @genopets chose to build on @solana because the Eth isn't built for gaming. Solana was designed from the ground up to solve high transaction fees/slow transaction volune. Even Web3 Eth gaming companies are building on or building their own Layer 2 protocols.
6/ To listen to the entire episode:
willandlee.show/episodes/will-…

• • •

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

Keep Current with willchang.eth

willchang.eth 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 @willyuwaychang

1 Dec
1/ When @yowitzer was 12, he played an Amazon on Diablo II. A stranger on Battle.net promised to teach him how to dupe. Joined a lobby and followed the instructions. Howie's body exploded and all his items dropped to the ground. The stranger picked them all up.
👇
2/ Howie cried.

Luckily, Howie can heal his childhood Internet gaming trauma through Web3.

Howie recently left his job in finance as a quant at a stock exchange to become the game economy designer for @GuildOfGuardian at @Immutable. A Play-to-Earn NFT MMORPG.
3/ One key difference vs Web3 gaming is that in Diablo II, Howie never actually owned the items. They resided in business servers. And his character could be deleted if he stopped playing the game. When they're NFTs, even if the game disappears, the NFTs are still always there.
Read 11 tweets
30 Nov
I joined @BoredApeYC yesterday and received 100+ #BAYC follows. Thanks for the warm reception! I DM'ed on Twitter to ask for advice on joining the community. Here's what I've learned! 👇

#apefollowape
1. Get a hardware wallet. Never share seed phrase, QR code, or password. Don't click links in DMs/Discord. 5 apes stolen in 2 weeks alone. Read 🧵on securing NFTs by @punk6529.

h/t @Ryder3332, @baccredited @chefdrst @cryptoclawd22 @Accumul80r @ij_will

2/ Keep learning. Join different discords to get diversified opinions. If curious about ANYTHING, ask other Apes for help. They'll help, guaranteed. Follow great Twitter minds like @Zeneca_33.

twitter.com/zeneca_33

h/t @ij_will @chefdrst @milkman_cookies @Ryder3332
Read 6 tweets
29 Nov
Super excited to join @BoredApeYC today. I've been thinking a lot about #BAYC. Took me awhile, but I think I finally understand it. Any advice for someone new is welcome! #apefollowape

Here's what I've learned. A thread 🧵: Image
Sapiens came to dominate the world because it is the only animal that can cooperate flexibly in large numbers.

We've been able to do this because of our unique capacity to believe in Fiction.

To believe in Stories.
When we collectively believe, we achieve the impossible. Religion is a story. Nations are a story. Corporations are a story. Technology is a story.

When we collectively believe something has value, it has value. Money is a story. Bitcoin is a story. @BoredApeYC is a story.
Read 12 tweets
10 Aug 19
1/ Who is the Asian man running for president who wants to give everyone $1,000 who won't wear a tie?

👇To prepare for @AndrewYang's third qualified debate, like and retweet this thread to share with everyone that doesn't yet know! #Yang2020 #YangGang
2/ @AndrewYang built nonprofit Venture for America and ran it for 7 years. Trained entrepreneurs to help create jobs in cities like Detroit, Cleveland, St Louis, Birmingham, New Orleans. Was given awards by Obama Administration and had documentary made by Netflix.
3/ Yang discovered there was a deeper problem. Every job he helped create, he realized we lost a thousand. “I saw that we were pouring water into a bathtub that has a giant hole ripped in the bottom.”
Read 26 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!

:(