Crypto Nova Profile picture
Mar 28 9 tweets 4 min read Twitter logo Read on Twitter
1) Most of today's layer 1 protocols are limited by complexity and scalability.

One of the reasons that's responsible for this is that they try to do everything all at once.

What if they focused on one niche instead of being a jack of all trades?

🧵👇
2) @GlitchProtocol is a fast, interoperable, blockchain protocol purpose-built for DeFi.

Rather than aiming to be a jack-of-all use cases, $GLCH has a singular focus on decentralized financial applications and trustless money markets.
3) What makes #Glitch unique is its revenue sharing mechanism.

It provides incentives for developers to build high-quality dApps that drive adoption, while also rewarding developers, liquidity providers, and users, and ensuring low fees.
4) Other than that the transactions are really low and the ecosystem is highly interoperable.

Its bridging infrastructure can seamlessly swap assets between the #Glitch ecosystem and different blockchains to facilitate cross-chain swaps.
5) #Glitch is incredibly close to releasing its mainnet.

This means developers can build and launch dApps on their blockchain and will actually be incentivized to do so.

#MainnetMay #BuildOnGlitch
6) Every dApp enjoys faster and cheaper transactions for their users.

There is support for many different programming languages including grants to incentivize development.

#Glitch will also kickstart their own applications as a foundation.

medium.com/@marketing_gli…
7) ⭐ Conclusion

It's a nice change of pace to see a blockchain putting their focus on one single niche instead of trying to conquer everything.

It's exclusively built for decentralized finance and trustless money markets.
8) The main question that remains for the tech-savy investors among you is:

Are you building on #Glitch yet? 😎
9) I hope you've found this thread helpful.

Follow me @CryptoGirlNova for more.

Like/Retweet the first tweet below if you can:

• • •

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

Keep Current with Crypto Nova

Crypto Nova 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 @CryptoGirlNova

Mar 30
1) Gm fam.

One thing I've noticed is that we don't always need a new bull run to reap the fruits of our labor.

All of us are so fixated on the coming of a new bull run that we fail to notice that we don't necessarily need one.

Would I welcome one? Heck yeah!
2) Are we already in the beginning of one? Could be!

Speculation aside we can all agree that even though we have had better market conditions we haven't seen a new full scale bullish environment yet.

I'm all for it and would be one of the first to celebrate.
3) But I'm also enjoying the profit rotations that are happening in the market.

We've seen certain altcoins having their own little bull run in a consolidating market.

I've been able to profit from the current conditions more than I thought I would have.
Read 5 tweets
Mar 29
1) Avoiding any cex like the plague now.

I've always preferred trading on a dex but enjoyed using a cex in specific circumstances.

All of a sudden my funds on #MEXC are locked and my withdrawal is under review.

Is it because I didn't accept any of the 10+ collab dms?
2) Doing nothing out of the ordinary and requested a withdrawal.

"Your account is at risk for being stolen"

Contact customer support:

All good here it's just me doing a withdrawal.

It doesn't bother me that they are cautious.

It bothers me what happened next ⬇️
3) 1️⃣ "Submit a picture with your face, identity card and a piece of paper with mexc, e-mail, unfreeze and date written on"

After taking 10 pictures to get the right angle and good visibility I'm done.

All good here Mexc?

"Yup, should be ready in no time"
Read 9 tweets
Mar 28
1) Ever wondered on how you can find the next set of 100x gems?

Using @DefiLlama you can do it all for free!

Here's a complete step-by-step guide on using what is probably known as the single best tool in this industry 🧵👇

(fade at your own risk) Image
2) Defillama is probably the best tool in the entire industry and this is no exaggeration.

The amount of alpha and insights it provides is insane and it's used daily by any well informed investor with experience.

I'm here to learn you how to browse this handy tool yourself. Image
3) ⭐ Chain growth

There are plenty of features to use but not all are necessary.

Finding your next set of gems all starts with selecting your ecosystem of choice first.

Which chain is hot and trending to see where the most opportunities are.

Defi dashboard > Chains ImageImage
Read 12 tweets
Mar 27
1) To find alpha, you have to follow the alpha.

Here are 4 tools that help you track on-chain data to find your next 100x in the market 🧵 👇 Image
2) On-chain analysis involves watching how money moves on the blockchain to help spot potential opportunities.

This can include wallet tracking to follow whale millionaires and copy them.

Or see which projects money is flowing to.

I've listed the top 4 tools to help you.
3) @DefiLlama

DefiLlama is a decentralized analytics dashboard that tracks DeFi platforms and their Dapps and uses TVL to show which DeFi protocols are the largest and how they develop over time.

Tracking TVL provides the insight to see which projects will likely do well. Image
Read 9 tweets
Mar 26
1) There's a lot of debate on the arrest of the terra founder Do Kwon.

Some people are celebrating while others are justifying everything he's done.

" The man who tried to free the world with decentralized currency"

Did they forget it was build on a ponzi?
2) A system that only keeps running IF more money flows in.

Honestly I don't think his intentions where completely malicious from the start.

But he didn't hold back to seriously take advantage of it as long as it lasted.

He literally withdrew billions from it.
3) I have nothing against founders earning a lot of money.

But saying he created a decentralized currency to free the world is incredibly far stretched.

It wasn't just an unfortunate event either.

It literally liquidated millions of people their life savings.
Read 7 tweets
Mar 24
1) Want to know which crypto project will do well but can't keep up due to the lack of time?

Here's how to analyze a crypto project in less than a minute 🧵 👇 Image
2) We all know researching cryptocurrencies can be exhausting.

Every time we end up looking at one there are 5 others showing up.

I've developed a method that always tells me there's potential in a project in the least amount of time.

It only takes 3 steps ↓
3) 1️⃣ Having a product

A well known study tells us that 95% of the crypto projects are a scam and this is actually true.

Making a website or designing a video is easy. Making a product is not.

This doesn't mean it needs to be finished.
Read 19 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

Don't want to be a Premium member but still want to support us?

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!

:(