Today Punk DAO released its membership token, which is a 'recoverable NFT'.
This is an NFT that can be stolen and recovered by its owner by separating ownership from custody. The hope is that more tokens will follow this model going forward.
🧵
Fellow Punks, we're pleased to announce the Punk DAO Membership NFT is now live.
Minting is free for all punkholders at
v2 is built in, so you can mint to a hotwallet, leaving your punk safe in its vault.
I fundamentally disagree with many ETH maxis on ETH NFTs.
One of the main reasons historic ETH NFTs are lagging is the ETH gas issue. Sure people don't mind a $100 gas fee for a 200k asset, but the issue is that the 'activity' has moved elsewhere.
If we had a vibrant ecosystem
The
@squiggleDAO
Squiggles in a configuration that represents the wonderful community that
@ArtOnBlockchain
's artwork seeded.
The Squiggle community is literally the friendliest place in crypto. Come join. We have rainbows.
Thank you
@Tschuuuuly
for organising "punks under the bridge". Most "Punk venue" this week and also most genuine vibe. Great to chill with you guys this afternoon.
Did a little testing of the new native punk support on
@NFTfi
today with this guy.
All pretty smooth. Got a loan, repaid, safely back in the wallet.
Great to not have to wrap punks any more.
This is the original CryptoPunks contract.
All the punks are stored in this hash. It's immutable. The art cannot change.
It's also safe. As long as there are people in the world who care about the project, this data will be available.
This is an efficient use of the chain.
👇
@hosseeb
@Ledger
You've correctly stated that the firmware has always been upgradable and then suddenly jumped to TLDR: everything is fine.
This misses the point. Previously there was no export feature and now one exists that we can't opt out of existing on our device.
All you've said is 'this
PNG is not the best file format, but it's waaay better than JPG for your illustrated NFT.
The following is an example of a 1500p image.
Ideally, keep vector art in a vector format or use more modern image containers but there are compatibility concerns.
PNG if you aren't sure!
If you haven't got a Chromie Squiggle and a Punk in your NFT collection, you haven't really got an NFT collection yet.
If you can't afford these grails, there are fractional / community based ways of getting exposure to both collections.
Don't waste money on PFPs that will die.
Just wanted to give a huge shoutout to the SquiggleDAO Podcast crew
@jared_poz
,
@NiftyFiftyETH
and behind the scenes
@_fnkl
and
@Sam1_DAO
. Been super impressed so far.
There are some cracking interviews coming up too!
People think crypto is all about flexing worldly possessions.
For me it's about all in belief. All you need is a place to fall asleep and a means to build.
This is a bear market. I'm an all in believer. Keep building. 🤘
If you're a solidity developer and you're not using
@TenderlyApp
, you're missing out BADLY.
I slept on this one for too long and it has radically improved my workflow.
Spin up your own private forks and get really detailed debug data. Can't go back to normal testnets.
Museum of modern art Paris, just announced they’ve acquired a Cryptopunk but also other NFTs.
I cannot overstate how important these announcements are. It heralds the widespread acceptance of this new digital medium in art history.
Punks are where they belong in the story!
Le Centre Pompidou fait l’acquisition d’un ensemble d’œuvres traitant des relations entre blockchain et création artistique, dont ses premiers NFT ! 👾
Ce sont 18 projets de 13 artistes français et internationaux qui entrent en collection.
Plus d'infos 👉
2023 - "The year of the DAO"
(3rd attempt)
DAOs will be huge. DAOs are an amazingly important primitive for our space.
But this will take time. Don't expect massive change overnight.
It's OK to slowly iterate here.
Decided to mint a
@calladitafilm
NFT to be part of the project. Love the idea of supporting
@miguelfaus
and team to create the film.
Also feels like it has become part of Punk culture with so many other Punks involved.
Introducing NFTfi Rewards: The loyalty program for NFT lovers
NFTfi OGs, your reward point balances are LIVE NOW. Secure them within 21 days ⏰
And if you have never used NFTfi, now may be a great time to get started.
1/5
Super disappointing that everyone in the space is now paranoid about signing messages from their wallets because they don't understand the risks involved (mostly quite low).
We need to do better than this. Proving wallet ownership is a cornerstone to Web3 and needed.
It's clear
@artblocks_io
exists in a unique space within the generative art domain, up there with Autoglyphs as seminal genre-defining pieces that do not rely on the provision of questionable ongoing 'utility' but instead derive value from originality.
(1/2)
@NFTherder
We asked for 1 thing - a choice of which firmware to install or which hardware to buy.
They still refuse to give us that, even though the firmware option is super cheap to do.
So many excuses or distractions when really they're ignoring the easy and obvious request.
This is absolutely massive. The UK is moving hard and fast to be a global crypto hub.
USA needs to think seriously about the impact of London, HK, Singapore, ADGM being open for business.
Parliament will debate a new report tomorrow.
The subject: Making the UK a global hub for cryptocurrency and fintech innovation.
Momentum behind UK crypto regulation is gathering pace.
For those wish to stay ahead of the legal curve, the TLDR👇
Heads up - something big is happening tomorrow in Squiggles.
@NiftyFiftyETH
from
@squiggleDAO
will be announcing new traits. (16:00 UTC)
This may change things in terms of what you're holding!
@plutoniumfitzg
I think it’s fair to say punks are both art and PFPs. But they were PFPs first, that later became appreciated as genre defining art.
I’d definitely agree they’ve transcended into the art realm now though.
3 most important things to remember in NFT land:
1. Things change - daily
2. Network effects are everything
3. Turning up every day and listening is how to win
You can't always expect DAO members to be ready to vote, in a timely manner, when important decisions need swift responses.
Sometimes it's better to delegate authority to an action committee who have defined limits on what they can do.
They can act fast when the DAO needs it.
Time to have a grownup conversation about Ordinals.
It's exciting what's happening but some of the trends won't last.
"First to inscribe" as provenance instead of "inscribed by the creator" is especially concerning.
👇 🧵
When life and especially what's going on in Web3 gets too much, don't be afraid to disengage for a while.
We all need a break. It will be there when you come back. Nobody is online 24/7 all of the time.
Came up in a conversation today and I was just reminded how awesome
@_fnkl
,
@NiftyFiftyETH
and
@Sam1_DAO
are.
When you have a team with integrity that you don't even need to think about because they're so awesome, certain things become possible that otherwise wouldn't be. 🫡
Never underestimate the power of a strong community, united around a cause.
However hard a challenge is, the passion of many working together to overcome it can succeed.
If you believe in the internet, you will eventually believe in crypto.
If you believe in crypto, you will eventually believe in NFTs.
So why not just shortcut and go down the rabbit hole now!
Sometimes you have to meet IRL.
It's really difficult to DM someone in the space you don't know and have a meaningful conversation about a random topic. You kind of need an intro and a topic they feel they need to talk about.
In IRL you can just hang out and chat.
Does anyone else find the L1 fragmentation this cycle exhausting to keep on top of? So many ecosystems, wallets and necessary bridges.
Kind of miss the 'everything is on ETH' days. Yet it's also exciting to explore this new world unfolding. I don't miss the gas fees.
In the last bullrun, people kept saying "avoid being tribal". That was great when tribes were mainly related to L1 ERC20s.
But now tribes are where it's at, with the best alpha and the best vibes. BE TRIBAL! is the new game plan.
JUST IN: Jim Cramer says the collapse of First Republic Bank $FRC could mark the end of the banking crisis.
So it looks like this banking crisis is going to last a while then! Perhaps we should batten down for prolonged bad patch.
"DAOs seemed to be the new kind of organization that can emerge out of this decentralized world."
A great conversation with
@jonaslamis
about everything from his family history in trad art (connection w/ Snowfro 👀) to how Jonas bought a house with Squiggles!
Ep004 LIVE 🔗👇
Perhaps I get hated for saying this, but I think Blur has been positive for the NFT market. I'm not saying their incentive scheme is perfect and the royalty thing was handled badly but OS dominance wasn't healthy at all.
👇
In our case, we use custody of a Cryptopunk as the record of ownership. But there are other ways of implementing this.
What if all tokens had 2 wallets attached instead of 1?
As
@EMostaque
says: "Not your weights 🏋️ not your brain 🧠"
Given the profound impact of AI on humanity, it's essential that we prioritise an open future where society captures the value, not just a handful of tech companies.
This is especially true if society trains the AI.