Simon Chadwick πŸ‘¨β€πŸš€ Profile picture
Jul 14 β€’ 1 tweets β€’ 2 min read β€’ Read on X
After so long, we've finally left Cosmos.

We had many investors and others telling us to do this a long-time ago, and it always felt like a big jump. It felt like we had invested too much in the ecosystem and that the tech was vastly superior.

And we just felt stuck, it was like playing on constant hard mode. With builders who had previously struggled on Cosmos and already left showing glimpses of that the other side looked like finding success on Solana and EVM.

We always defended it in our minds saying that the future is multi chain so it doesn't matter where we build.
But distribution and liquidity matters.

Success isn't created by the chain you build on, but it has a significant effect and we've since this through top Cosmos teams pushing a boulder uphill.

I have huge respect for my Cosmos teams: The Neutron guys, the ICL guys and many more. And if I were to leave it in anyones hands it would be them.

But as for us, we are done and onto better things.
It's been a long grindy stretch since the Terra collapse and now it's time to really spread our wings and live up to our potential.

I'm looking forward to this new beginning and know that we've amassed skills and a level of resilience that will make us dangerous in the EVM world.

I know we aren't the only ones leaving, some really top tier builders went through similar where they should realistically be top apps in the space by now.
I'm looking forward to seeing what they can do from now.

It's a big learning lesson to stick to your ideals, but also know when it's time to shift.

It's been a ride indeed!

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More from @simonch00

Mar 16, 2024
As promised, here’s a short thread on @bonus_block and why you should be paying attention.

They are IDOing on @Eclipsefi in a few days and recently released their new whitepaper, leveraging of AI in the revolution of user acquisition.

Read below πŸ‘‡πŸ»
1) Currently user acquisition in web3 is busted, we’ve talked about this a fair bit at Eclipse.

It’s very challenging to properly target users when bootstrapping a protocol.

Unlike web3, web2 social advertising uses a pixel to allow marketers to narrowly target customers.
2) But wallets are powerful things, as they can tell a lot about a users behaviour, interests and habits.

Do they like to trade NFTs, are they sweeping floors, how often do they mint or buy NFTs?

Or they a whale who actively provides LP?

Do they use a lot of new platforms
Read 13 tweets
May 14, 2022
1) This post may be controversial to some.

I agree with the take that compensation should be more heavily weighted to smaller UST holders.

And this is from someone who had lots of $LUNA and lost 7 figs.

This is why πŸ‘‡πŸ»
2) When we held Luna, we were willing to accept its upside volatility, and within reason the downside too.

It was unfathomable what happened, but even if this had not happened there was always the possibility of UST contraction and Luna dropping in value.
3) With UST this was different, it was advertised as a safe haven, with @anchor_protocol being a savings protocol meant to replace your bank.

There were risks to mainstream, but not discussed enough (myself included)

Many normie lost a lot believing safety
Read 5 tweets
May 13, 2022
1) So i think it is time to announce that @Terra_Lunatics and i have been working on a project behind the scenes for a while, it is quite ambitious and we have taken our time.

This is still the plan and we aren't looking to rush it.
2) A huge focus for us is sustainability and creating an incredible community and value.

The idea is to build a world, an NFT project, a game which will also connect in with DeFi.
3) We are really looking for super talented artists, designers. gamers and minds to work alongside us as we build out this vision.

We do have a specific style in mind for art, and we will need creatives who are able to imagine the world in their head.
Read 7 tweets
Mar 21, 2022
Development wise, it’s been a huge month for @loop_finance and going to be an even bigger rest of month.

Here’s a thread for those who have missed the Alpha

(there’s too much to list so only adding a few πŸ™Š) πŸ‘‡πŸ»πŸ‘‡πŸ»
1) First IBC pools on Terra! We have been warmly welcomed into #IBCGang by some incredible cosmonauts.

The first two pools have been listed $OSMO- $LOOP
$SCRT - $LOOP

With either ust or Luna pools and $ATOM pools launching in a few days.
Then maybe $JUNO
2) With the epic validators @BlockNgine @crypto_crew and @PFC_Validator the relayer between Cosmos and Terra has been brought back to life.

And we are funding the relayer fees
Read 16 tweets

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