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Messages - Mega Mind

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Solana Forum / How Do Memecoins Make It Despite Minimal Value?

« on: June 28, 2024, 09:30:27 PM »

Not many big traders are so interested in memecoins and many would say that it is for low volume traders who keen on making it overnight, but despite all these, we see memecoins keep coming, each with its own specific focus.

While I wonder how they keep coming, a thought came to my mind when I saw the concept behind SCRAT token, which is a Half squirrel and rat themed meme coin on Solana Blockchain.

I came to the conclusion that new memecoins that are made these days leverage their creativity to attract more people. They look at trends and what resonates with users' childhood memories, family and friends and even social lifestyles and then make a token after it which I believe is a way to give them value in themselves. If not, what do you think makes them keep surfing if there is no real life use of them?

Crypto gaming (GameFi) / Hi

« on: June 06, 2024, 02:57:57 PM »

Crypto gaming (GameFi) / Gamers in the house

« on: June 06, 2024, 02:55:14 PM »

Please what is your favourite gaming app?

Meme Coins / Meme Coins and the Lighter Side of Crypto

« on: June 03, 2024, 12:13:28 AM »

I have been around the crypto space for a while now and I can say that there has never been a dull moment. One minute it;s all energetic around crypto and the next, you;ve got Pepe the frog memes taking over or something in the spirit of Pepe. That;s why when I saw "Pepe in a Meme World" it made me chuckle. It's a lighthearted take on meme trends and it's all the Pepe features you'd expect.

The main token, $PPEW could be used for trading or staking to earn some extra tokens, which is a fun way to get involved in the community.

It is interesting to watch where this will all take the meme enthusiasts, as it goes to show the nature of meme, which is community, fun and, of course meme. Who knows what the next big meme coin will be?

Incentivised Posting / Shill / My Perspective as A Gamer in the Rise of AI in Gaming

« on: May 31, 2024, 01:55:50 PM »

We obviously live in the world of AI where most things are now made easier with the use of machine learning that processes data as fast as possible faster than any human capacity. This has been used in robotics and also in smart phone gadgets and mining apps in the crypto space.

As a gamer, I am interested in seeing things like this in the gaming world where we will have the GameFi, NFTs and DeFi all integrated into a single place and we will be able to make this as automated as possible.

Thanks to the ever-growing blockchain industry that is opened to creative minds to develop things based on human needs, I hope they look into this. I have seen Ultiverse doing something along this line, including listing the ULTI token on Bitget, Bybit, OKX and others and I do hope that they continue to make it all realistic with the development and I hope it will open the eyes of others to it as well.

Very soon we will have AIs take over several sectors

Crypto Wallets / How can we go beyond crypto wallet basics

« on: May 30, 2024, 12:29:21 PM »

I have come to realise that crypto wallets are not just only a place to store digital coins and that they can also be a gateway to access the whole Web3 thingy, because I have been used thinking that crypto wallets are just for storing coins like the early days of trust wallet, metamask and the likes.

Looking at the development we have had over time now, I have seen my friends using wallets for several thing like the Launchpads, airdrops, staking and the like of the BWB wallet that has all these and you wonder if there are much difference between an exchange and spot platform.

If you have been actively participating in the crypto space lately you would have even noticed some folks minting NFTs with some of these wallets and it keeps me thinking of what can be made out of these things in future, I think if we there can be a place to merge everything together instead of separating them will help have a wholistic view of the whole wallets.

Crypto gaming (GameFi) / What Could Gamers get from MON, a new Development?

« on: May 27, 2024, 03:00:46 PM »

As a gamer and a cryptocurrency trader and enthusiast, I have experienced several play-2-earn tokens but I have not seen anything like MOT yet, although when I looked into it, I found out that they are just still new and have some great stuffs that are promised to be offered to players of Web3 games something more like they are building the Nintendo of Web3. That's why I can't just keep mute after seeing it, has anyone come across it or knows some things to look out for in it that will be helpful?

Cryptocurrency discussions / Tokens, Their Real World Use And How To Spot Them.

« on: May 21, 2024, 05:30:02 PM »

As a crypto trader what seems to always attract us to certain projects asides the price actions of coins when they moon is the plans of the project to maybe do a major activity or event. I could remember back then when Elon was about to be hosted on a radio program and everywhere went haywire, the phrase in crypto "buy the rumour sell the news" came to full play and the price of DOGE went so high it hit an ATH. That is an a good example. But the most important thing is a token that lasts longer. Everyone starts to use it just like BTC.

As a trader and active participant in the crypto space, I came across VeChain, which is not a new token in the crypto setting, but aside the fact that it focus on business track and manages their products caught my attention. What do you think about this project, has anyone seen it lately too I you have anyone in your rader, you could also share to and how we can spot them.

Cryptocurrency discussions / Crypto Events, How Could They Impact Crypto Prices.

« on: May 20, 2024, 10:15:01 PM »

We have seen how the hype around the recent BTC halving has created exposure for the crypto market and Bitcoin in general. Even altcoin traders were enthusiastic about alctoins which many believe would have brought in more returns if Bitcoin had done well and made a lot of increase, now we have another interesting day for Bitcoin which is the Bitcoin Pizza Day and I want to know what everyone thinks of this day.

I mean we are remembering the day when someone bought a pizza with 10,000 BTC, if we remember events like this, it could inspire the trust in BTC and may might want to benefit from it believing that it could rise up in future, I mean, nobody will like to be like the guy.

DeFi tokens / My journey from Bitcoin day trading to DeFi and the Drift Protocol discovery.

« on: May 16, 2024, 04:16:04 PM »

I used to be really into Bitcoin day trading, but it was a lot of stress, and I was always glued to the charts. I tried futures trading for a while, which was a bit better, but what really sparked my interest was when I started exploring different blockchains and decentralized exchanges (DEXs).

One DEX I've been using a lot lately is Drift Protocol. I remember when they first launched on Solana, and it's been incredible to see how much they've grown. They have a ton of liquidity now, and their trading volumes are really impressive. What I like most about Drift is their dynamic AMM. It's a lot more efficient than the traditional AMMs I've used on other DEX.

They recently released a bunch of new features like spot and margin trading, and they even have a decentralized order book now. It seems like they're constantly innovating and improving the platform.

Incentivised Posting / Shill / These AI features in the metaverse – are they actually helpful or just a flashy

« on: April 29, 2024, 09:24:05 PM »

I've been checking out GPTVerse of a thing, and they're going all-in on the AI metaverse idea. Think like, AI teachers, shopping with AI helpers, which is the whole deal. They're also not stuck on one blockchain like others are, which is cool. They even have their own token, so maybe there's a whole virtual economy thing going on right?

Sounds awesome, but I gotta wonder, how are they keeping our data safe? Metaverse means they'll know a LOT about us. And like, are they serious about using AI the right way? Seems like that could get messy real fast.

Anyone actually tried GPTVerse out? What cool stuff could you do with it? And if we have devs here – is it easy to build your own thing on the platform? I'd love to mess hear you out.

Blockchain Technology / Can "gamified staking" change how we think about crypto investing?

« on: April 27, 2024, 07:51:45 PM »

I've seen a bunch of crypto projects aiming to be the next Bitcoin, or trying to make things more eco-friendly. But Green Bitcoin thing is trying to sound different, I don't know if I'm the only one thinking about it this way. Apparently, it merges that classic Bitcoin appeal with the greener tech of Ethereum. That's the usual pitch, right? But then I dug a little deeper.

It seems to have whole different take on staking. They call it "Gamified Green Staking" and promise some seriously high rewards. It also seems they're not just talking about being sustainable, but have built that idea into how the whole project is designed for the long-term. The numbers back it up too, they seriously blew past their presale, and most of the tokens are already staked. Makes me wonder…could this actually be one of those rare crypto projects with staying power? What do you guys think?

Crypto Exchanges / Re: Exchange vs wallet tokens. Your preference

« on: April 25, 2024, 04:29:37 PM »

Quote from: joniboini on April 24, 2024, 04:08:59 PM

I can see the appeal of exchange-based tokens, especially if they launch many launchpads where the buyer needs their token to participate. On the other hand, I don't see much value in wallet tokens, even if the number of transactions increases exponentially. Most of the features that I've seen are about discounts on transaction fees, and that has a low appeal on a network with a cheap transaction fee. I don't see any other use cases other than as small market cap tokens for pump & dump. Not saying a wallet token won't explode like crazy, since the market is irrational sometimes, but the chances are probably lower than exchange tokens entering the top 10. CMIIW.

Of course you're right when you highlighted the fact that what gives these exchange tokens value is the use-case it has and what they use them for, but let's not forget that everything in the blockchain world still needs some time and faith. BTC started like there was nothing in it, same is the wallet tokens, even though they might have not seen wide adoption yet, the BWB for example is still cheap and there has been some airdrop in it and it is also linked to and exchange. If we focus on the present time, we might miss out on the opportunities that lie in them and who knows, what if there are things created in the future that will require that we use wallet tokens?

Incentivised Posting / Shill / The Role of Tokenomics in an NFT Marketplace.

« on: April 19, 2024, 03:46:10 PM »

I've been exploring this NFT marketplace called Rarible, and it seems to be taking a different approach from some of the bigger names I've seen here. It's all about being community-owned and community-driven, which I find pretty interesting.

Here's the basic idea: you can buy and sell NFTs, like art, music, that kind of thing. But they also have this governance token called RARI. Holders of the token get to vote on how the platform is run, and they even reward active users with more tokens. It's like they're trying to build a decentralised version of Etsy, but for NFTs.

One can mint an NFT without paying gas fees upfront, and supposedly it's super easy to use even if you're new to crypto. I'm still figuring out if this is a good thing, though. Does making NFTs too easy potentially lower the value of the marketplace as a whole?

I'm definitely curious about their whole DAO angle. They say that's the ultimate goal – to have the entire thing run by the community. That's ambitious, but could it actually work? It seems like a way to avoid some of the issues we've seen with centralised platforms.

What are you guys' thoughts?

Bitcoin Forum / Re: SHOULD I CARE ABOUT BITCOIN HALVING

« on: April 18, 2024, 06:19:49 PM »

Quote from: MCcabe Rory on April 18, 2024, 01:38:28 PM

Quote from: BattleAxe1 on April 16, 2024, 02:10:38 PM
It's a matter of days before the next Bitcoin's halving following the news from monitoring Bitcoin halving countdown tool. And more people seem to be talking about this year's halving than the previous ones.

There's been conversation that this year's halving will be different in some ways, largely because of Bitcoin Spot ETF approval. But I'm wondering why a non Bitcoin miner like myself should care so much about the Bitcoin Halving except that I've seen some CEX rolling out events like I BTC treasure chase for traders and others. While we earn from events as such, what's else.

It's clear Bitcoin Miners are at present earning 6.25 BTC from new block they create and that reward will be reduced to 3.125 BTC from my readings. So how does making BTC scarcer benefit crypto traders generally?

How is everyone else preparing for the halving? Please share.

You should care about the halving imo, cos after that BTC Will be scarce and it might lead to a parabolic run according to analysts.. positioning yourself is ideal. What's the 1Btc treasure something you mentioned?

It's an event done on platforms in preparation for the BTC halving, you know, where there are different pools of BTC they share in different phases, 0.4, 0.5, 0.1Btcs that they're giving out to traders. I believe they want to make halving event go viral. I've seen it on Bitget and I'm sure of Binance is doing same.
https://www.altcoinstalks.com/index.php?topic=320467.msg1542168#msg1542168