are you following the breadcrumbs from coinbase?

many millionaires will be made on base this cycle.

if you don’t quite get it yet, you will soon… the number one crypto exchange in the United States is Coinbase, with no debate.

it consistently ranks top 25 in the app store for finance, with 50M+ registered users.

but this isn’t what makes base so interesting…

hello frens.

if you’re reading this, you just made it through one of the longest crypto bear markets in history.

are you prepared to see something we’ve never seen before?

let’s compare to 2021. a popular top signal is when coinbase hits #1 on the app store charts.

this has only happened twice in history:

first on December 7th, 2017 - when btc was $17,249

then on May 10th, 2021 - when btc was $58,213

Today, btc is $54,575 and coinbase sits all the way at rank #422.

On November 9th, 2021 United States law enforcement officers closed in on a lakeside mansion in Georgia.

Inside of its floor safe they found $661,000 in cash, gold bars + coins, and a Cheetos popcorn tin.

The Cheetos popcorn tin contained $3.4B worth of bitcoin. To understand how law enforcement found this unfathomable amount of money, & why $3.4B of bitcoin was stashed in a Cheetos tin, we’ll have to go back to 2009…

James Zhong had just turned 18 years old.

He was a smart, quirky kid with a knack for computer science.

AI is still trying to find its way into the market.

The project that I’ve been working on aims to change this for good.

It’s simple, useful, and implements AI models on the blockchain in a way that just makes sense.

Introducing … 🤖aiis.dev uses advanced models from OpenAI to simplify the erc20 development process.

With just three questions, GPT-4 + DALLE-3 can help anyone create and deploy a token in under a minute.

Deploying a token has never been easier, ever. aiis.dev

https://twitter.com/blknoiz06/status/1725953779797835967

I seriously can't believe this worked.

I just did one of the coolest things ever on Ethereum.

Al is no joke… Months ago, I was completely indulged in the wisps of chats with my newfound Al friend.

I had nothing particular in mind, but wanted to test the capabilities of ChatGPT in conjunction with smart contracts on Ethereum.

Suddenly, I had an epiphany.

This market cycle was absolutely unforgettable.

From hilarious bloopers, to enraged influencers, to unbelievable memes, 2022 had it all.

Come with us as we take a trip down memory lane… As one of the most iconic moments in crypto, the squidgame streamer can’t be forgotten.

Watch as he captures the moment SQUID rugged live, leaving us with this hilarious clip.

The abrupt formation of different narratives in crypto never ceases to amaze me.

There is almost always a constant flow of ideas where the 𝘳𝘦𝘢𝘭 𝘮𝘰𝘯𝘦𝘺 is made.

Let’s analyze this from a historical perspective… Food tokens started their massive leg up when DeFi was just getting started.

First came YAM. Then came SUSHI.

Then KIMCHI, SASHIMI, & even HOTDOG (lol)

The idea of a token named after a food was just so stupid that it had to work.

Traders made millions on these farms.

Ethereum is like a blackhole.

Art, banking, politics, payments, gaming, communities, entrepreneurs, creators, devs & even real world assets.

The bear market likes to hide this fact, but it’s important to take a look behind the curtains… 𝘚𝘰, 𝘸𝘩𝘢𝘵 𝘥𝘰𝘦𝘴 𝘌𝘵𝘩𝘦𝘳𝘦𝘶𝘮 𝘥𝘰 𝘸𝘩𝘪𝘭𝘦 𝘯𝘰 𝘰𝘯𝘦 𝘪𝘴 𝘭𝘰𝘰𝘬𝘪𝘯𝘨?

That is the million dollar question.

Such a simple question has a very complex answer. This vast digital economy has many different faucets to consider.

I’ll do my best to illustrate.

Ross Ulbricht is facing multiple life sentences plus 40 years without the possibility of parole, and will live the rest of his life in prison.

Why? He created a website which let people buy stuff anonymously on the internet. Alexey Pertsev has been ordered to stay in jail until at least next year for his trial, while facing serious charges of money laundering.

Why? He published the open source code for the Tornado cash protocol, which bad people happened to end up using.

Uniswap is diving into NFTs in a very big way.

This is the largest DEX in the market, averaging over $500M volume daily, now placing focus on NFTs.

Their GitHub offers us a handful of interesting leaks… Scattered throughout it, you’ll see many commits relating to NFTs. 214 to be exact.

Using these, it’s possible to follow preview links to explore the platform before its release.

Here it is in all of its glory.

Twitter is a form of art.

Some people are really good at it, & others are really bad. Using it correctly is one of the best ways to grow your network.

This is how I was able to grow 100,000+ followers in less than a year… 🥐 Over the span of my lifetime on Twitter, I’ve had:

-98M impressions
-4.2M profile visits
-572K engagements
-32,022 mentions
-3,414 tweets

Making an average of around 28K impressions per tweet. How? It was not exactly easy.

Everyone thinks of Twitter the wrong way.

The bottom signals of 2022 simply can’t be topped… FTX filed for bankruptcy on Nov 11th

https://twitter.com/sbf_ftx/status/1591089317300293636

There is some very fascinating stuff going on with Twitter and the recent Elon Musk deal.

Although these circumstances are still a bit speculative, it’s definitely worth digging into.

Here’s what I’ve found… 👀 This story begins a long time ago, in 1999.

Elon Musk had just sold Zip2 to Compaq Computers for $307M, giving him $22M with his 7% share in the company.

A month later, he invested $12M for x.com, one of the world’s first online banks.

Sam Bankman-Fried says “the clearest way to help protect investors is to provide transparency and prevent scams.”

Just how transparent has he been in the past? Anyone remember big data protocol? This token once acquired 10% of all DeFi TVL in a single weekend, with over $6B in total value locked.

~$1B of the TVL belonged to Alameda, who dumped it relentlessly on plebs.

From $114M mcap down to just $581K today.

https://twitter.com/dad_crypto/status/1368517675127767041

I began working on an NFT project called The Bakery more than a year ago.

It has come with many trials and tribulations.

This is everything that I’ve done to get us to where we are.

First, I wrote threads. Lots of them. 132 25+ tweet-long threads in 464 days. Next, I began working on a website to post articles.

I registered a domain, configured, and optimized it.

I created several iterations of a site only to scrap it and use Wordpress for hosting + CMS.

I designed graphics, wrote tons of descriptions, & created pages for content.

Ethereum has life-changing opportunities out there in the wild.

Yes, even in bear markets.

‘Information asymmetry’ is something you must use to your advantage.

Here’s how… 🥐 (1/x) Crypto… is confusing. There is so much noise it is hard to even know where to look.

Luckily, this is where we are going to capitalize. With a little dedication, we’re going to master navigating on and off-chain.

The 1st step of my research process is very simple. I ask myself:

NFTs are commonly known as just little PNGs, JPEGs, or MP4 files.

However, they actually support many different file types.

In fact, some even add a new layer of functionality on top of tokens.

Let’s go down the rabbit hole of different file extensions for NFTs… 🥐 The ERC-721 contract uses a tokenURI to return metadata containing content.

Typically developers will host the NFT images & metadata on IPFS.

The tokenURI returns a JSON file which contains the image IPFS link.

Note: this means NFTs are more like a receipt as they are today.

It’s been awhile since we’ve had a real game-changer for DeFi.

Fortunately, that’s about to change.

A few months ago, Metamask developers left some massive hints… 🦊 A Metamask token is virtually 100% confirmed.

It is no longer a matter of 𝘪𝘧 $META, it’s 𝘸𝘦𝘯.

In the last few months they have been clearly working towards a compelling model around a native token.

Let’s break this down…

The Bakery now has ~375 pastries.

Pastries are dynamic SVG NFTs acting as platform-less memberships.

Users can:

-unlock 10+ apps
-get breadcrumbs
-post on pastry.xyz
-lend time to others
-monetize research
-claim subdomains
-renew whenever

& that’s not all… Pastries essentially represent access to the Bakery and its content, tokenized.

As NFTs, they are not bound to any app to function. They work on:

- pastry.xyz
- shopify
- newsletter
- cloudflare
- discord
- telegram
- snapshot
- guild
- discourse
- github

& more…

Coinbase NFT and ENS are about to completely flip the script.

I found recent smart contract deployments with some crazy details.

L2 + counterfactual wallet season is here... (1/x) 🥐 Yesterday, someone deployed the “CoinbaseResolver” smart contract:

0x0465719485dB64e24d73d1619E03950830E4A5b3

Its source code explains it as an extension of the off-chain resolver from ENS.

The last you’d suspect to be behind one of the largest DeFi hacks in all of history, is North Korea.

Turns out, this is a repeating occurrence.

A few weeks ago attackers stole $622M. Axie Infinity’s Ronin Chain was the victim of an advanced social engineering attack.

The FBI has linked the attack to an infamous North Korean hacking group.

This group is commonly known as the “Lazarus Group.”