1/ Introducing Boost

One year ago, we deployed Quest Protocol, the protocol that powers RabbitHole.

After a firecracker year of 4.3K+ quest creators deploying 13K+ quests to drive $1.1M in network fees, we are unifying the Quest and RabbitHole brands under @boost_xyz 2/ What is Boost?

Boost is a distributed incentives network.

With Boost, anyone can deploy targeted incentive offers to any onchain address to perform onchain actions.

1/ Today is the biggest day in the two-year history of the company and significant milestone for the team as we are launching RabbitHole V2!

rabbithole.gg 2/ When we first started RabbitHole in 2020, we created Quests as a way for protocols to distribute tokens to users of the protocol rather than speculators on centralized exchanges

We've been quietly building the @rabbithole_gg Quests V2 with some of the lessons learned since first introducing Quests to the public

Here are some highlights of what to expect in V2 coming soon👇 1. Moving away from @BrightIDProject to generalizable allowlists

One of our biggest pieces of feedback is that BrightID is too restrictive and provides a bad user experience

With dozens of new Sybil solutions on the market, now we'll be able to plug into any of them

1/ Three years ago, I thought NFTs were going to bring mainstream adoption to crypto. And they did (kinda), but they also didn't provide anything other than speculation.

I wanted to highlight a few random reasons why, and how we might get to real mainstream adoption.

🧵 2/ The killer use case of NFTs and crypto more broadly is speculation, not utility, and that hasn’t changed for years. And it's unclear when this will change.

Story time

In the early days of CryptoKitties, there were a handful of developers building experiences on top of CryptoKitties, in the same way people are building experiences on top of Loot.

It was called the Kittyverse. The Kittyverse was a handful of third-party experiences built on top of CryptoKitties.

Examples:

KittyHats - dress up your CryptoKitty
KittyRacers - race your CryptoKitty

qz.com/1239486/crypto…

3 most interesting things happening in crypto right now:

1. DeFi treasury spending/GrantsDAOs
2. Curator DAOs being normalized
3. Explorations of DIDs for reputation More on DeFi Treasury Spending:

@lsukernik on unlocking the treasury: sukernik.medium.com/unlocking-the-…

@HelloShreyas on DAO treasury management: newsletter.banklesshq.com/p/how-daos-sho…

🔥 🔥 Crypto Predictions for 2021 🔥 🔥

👇👇 Curation, DAOs, NFTs, and Social Tokens 👇👇 1/ Social crypto will explode as creators start to show off their on-chain earnings. Creators will become some of the first protocol politicians as they start to flow into cryptonetworks, disregarding privacy completely.

Have been recommending more friends to start writing to build leverage in their career.

Here are 5 tips I wish I knew before I started 👇 1. Write for yourself. Writing is mostly a single-player activity to sharpen your thinking.

1/ The application layer in crypto is getting really exciting. Here’s a thread on what's happening 👇 2/ For the past three years, teams have been spending time building infrastructure needed to support decentralized applications at scale. This ranges from wallets like @meet_magic and @TorusLabs to smart contract protocols like @polkadot and @NEARProtocol.

They're now live.

1/ This week, @CHZWZRDS officially launched.

Cheeze Wizards explores several new dimensions in blockchain gaming:

-NFTs with consumable value
-composability from on-chain gameplay
-the role of NFTs for in-game governance or as part of DAOs.

Let's explore each 👇 2/ NFTs with consumable power

Each wizard in @CHZWZRDS has a power level, representing their “HP” or level. This means that power can become tokenized. This has led to a third-party developer creating a power exchange:

cwhelper.com/0x6d6c3beda37b…

1/ A thread on blockchain gaming composability, and why @CHZWZRDS has the potential to supercharge the Ethereum ecosystem and create value for third-party developers 2/ Many of the most popular games today are UGC-oriented. Roblox, Minecraft, and Rec Room all have a major component of content creation. These games let players themselves become the creators of the game, resulting in close-knit communities and monetization methods for creators.

1/ One of the ideas I've been hoping for someone to build is a @0xProject relayer as a quest registry.

Here are some details of how it would work 👇 2/ The idea is simple: users obtain cryptogoods/ERC20 tokens in their wallet and if they have an item that is part of the quest, it will show up in the registry. If they don't have anything in their wallet, no quests would show.