Alp Ergin
@alpergintr
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Ethereum has always been about going beyond zero-sum games, going beyond greater fools: ▪️DAOs for constant innovation and R&D on positive-sum systems & coordination. ▪️Bribe markets for transparent incentive alignment. ▪️LBPs for continuous distributed ownership. ▪️Liquidity Pools to provide permissionless liquidity for all, diversifying risk while doing so. These are just a few examples of the design spaces that emerged over the years. They were designed by a community united in purpose. // Why does Ethereum represent a culture of decentralization? Many of us were trapped in a system dependent on the greater fool theory until we discovered a rabbit hole where systems could be designed for positive-sum outcomes. That’s why the Ethereum community prioritizes decentralization above all else. // How does decentralization play out in practice? Let's take lobbying as an example. Sure, Ethereum might not lobby in the traditional sense, but in reality, Ethereum does lobby. For instance, I am lobbying the hell out of Ethereum in every country I do business, with every government and multilateral organization I speak to / work with. + I know how much lobbying I’m doing. - You don’t. // And that’s the beauty... We rely on network nodes to hold their space. Everything we see now is the result of years of hard work and accumulated effort. This will not change - because it goes beyond Ethereum, Solana, Cosmos, or any single ecosystem. ▪️It’s not about winner-takes-all. ▪️It’s not about your bags. ▪️It’s not about competition; it’s not a war. It’s about prosperity. Prosperity spreads when we let go of zero-sum thinking and embrace collaboration, coordination, and abundance. (3,3)
I want Solana to win, Cosmos to win, Avalanche to win, and L2s to win - because every win is a win for our space. Few understand this. P.S. Ethereum has already won.
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Any system that enforces stakeholders to participate in global consensus games is a no-go for me. Ethereum provides a free marketplace for designing and participating in consensus games - without enforcement. If you have FOMO, participate. If not, don't. Ethereum is the design space for the sovereign.
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Global vs. Local consensus isn't only about distributed networks...
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There are so many grifters who ride the PGF/ReFi/... narratives for an easy cash grab. I’ve personally experienced this many times and have called out numerous acquaintances for doing so. ex. That’s why most DAOs structured grants to be tracked on a milestone basis instead of batch funding - if we count OS as PG, of course. Gitcoin has been one of the greatest in putting PGs into people’s minds, but acknowledging the cultural spillover is a must to make sure that value always feels comfy flowing toward public goods.
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I grew up with the notion of female empowerment through tech, entrepreneurship, and leadership. I wasn't expecting something like OnlyFans aligning with those values as a means of wealth transfer in society.
ONLYFANS OUTEARNS NBA PLAYER SALARIES BY $1.7 BILLION According to a new report from Sportskeeda, OnlyFans creators earned $6.6 billion in 2023, surpassing the combined $4.9 billion payroll of NBA players, including stars like LeBron James and Steph Curry. With over 2 million creators on OnlyFans compared to around 500 NBA players, the platform continues to dominate in creator earnings. Popular creator Corinna Kopf revealed she has made $67 million over the past 3 years, reportedly earning around $2M per month. Source: Sportskeeda, @CollinRugg
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Let’s build the most dynamic, free marketplace the world has ever seen - make a joke, then watch CT lose its shit calling you a commie. Retardio.
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JUST IN: 🇯🇴🇵🇸 King of Jordan says his priority is to rebuild Gaza without displacing Palestinians following a meeting with US President Trump. "Achieving just peace on the basis of the two-state solution is the way to ensure regional stability."
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RT @inverternetwork: Are you trying to get AI agents to work for you but the results aren’t hitting the sweet spot? Most AI systems fail no…
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@singularityhack @theqacc @tamarandom @thegrifft @0xPolygon Congratulations!!! Founder mode activated, nothing can stop you now 🧿✊
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Here is a great explanation of why @inverternetwork is doubling down on Primary Issuance Markets. TL;DR: They are the future of data economies.
What if token supply wasn’t static, but instead responded dynamically to market conditions? That’s the promise of Primary Issuance Markets (PIMs) and bonding curves: a game-changing approach to tokenomics. We’re breaking down important research to make a case for how bonding curves out perform fixed supply tokens. Firstly, most tokens today follow a fixed issuance model. They’re either pre-mined, vested over time, or emitted through staking/inflation. But these models often fail to adapt to demand fluctuations, leading to price volatility, illiquidity, or mass dumps. Enter bonding curves, an autonomous tool that programmatically adjusts token price and supply in real-time. They work by defining a price-supply relationship via a mathematical formula inside a smart contract, like a vending machine that mints and burns tokens dynamically. This isn’t new! Bonding curves have been widely used in Automated Market Makers (AMMs) like Uniswap. But their real power? Primary Issuance Markets (PIMs) Here, bonding curves aren’t just for trading but for minting and burning tokens at scale, based on demand. Whereas bonding curves in AMMs serve for price discovery in secondary markets, bonding curves in PIMs serve for supply discovery in primary markets. Think of a bonding curve-powered token sale like this: 💡 Early buyers pay less, later buyers pay more 💡 When tokens are sold back, they’re burned, reducing supply 💡 Price adjusts programmatically, preventing extreme volatility 💡 PIM helps the project build protocol owned liquidity and revenue stream So, why is this important, you ask? It promises: 🔹 No more rigid, pre-set token supply 🔹 Markets determine token pricing dynamically 🔹 Potential for native revenue via fees and arbitrage Unlike traditional Initial Coin Offerings (ICOs) or Initial DEX Offerings (IDOs), where a team dumps pre-minted tokens onto the market, PIMs let the market determine fair supply discovery. So how does this actually work? Research from @Bonding_Curves as part of an ongoing collaboration between @InverterNetwork and @BlockScience found that tokens with bonding curves outperformed fixed-supply tokens during the 2022 bear market. (Read more here: Why? Adaptive supply = greater stability. This means bonding curves could be the key to designing resilient token economies that: ✅ Scale with demand ✅ Resist extreme volatility ✅ Generate native revenue ✅ Don’t rely solely on secondary markets for liquidity The not-so-obvious angles? 🔹 Governance implications- PIMs shift control over token supply from dev teams to the market itself 🔹 New funding models- Projects improve their revenue sustainability via issuance and redemptions fees 🔹 Programmable monetary policy- Dynamic supply = an on-chain central bank? This isn’t just theory- it’s already in motion. (For example- we’re doing this for partners across the board!) Protocols exploring bonding curve-powered issuance are laying the groundwork for a more efficient, self-sustaining DeFi ecosystem. So TL;DR: If your tokenomics doesn’t account for supply-demand dynamics, it’s already outdated. PIMs and bonding curves lead to an adaptive token economy built for resilience.
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RT @inverternetwork: At 'Tokenizing Turkey', an event we hosted in Istanbul with our partners @ParibuCom and @LineaBuild, our co-founder @a…
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DYOR for Dummies - available at no bookstore…
Fake followers Fake narratives Fake transactions Fake use of blockspace STOP CHASING THE FAKE
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