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IcoBeast.eth🦇🔊
@icobeast
Merchant of Narratives | Building @Kalshi Crypto | Views are my own | Moon that
3.4K Following    68.1K Followers
i thought more about it. beni, sorry for being a dick. i shouldn't have attacked you personally. it was cocky and unnecessary, and i should have stuck to the facts. i do want to clarify one thing: our incentives pay for liquidity, not wash trading. the claim that we’re incentivizing wash trading is incorrect, but i should have explained why instead of making it personal. this has made clear we need to do a better job explaining how our incentives work and the safeguards we have in place. we’ve laid out the full context here:
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Hey Beni, Seems like a bunch of wires got crossed here so I just wanted to set the record straight. Your original claim was that Kalshi’s crypto prediction market volume was fake. The chart from Artemis shows prediction market volume share, not perps. We don’t do rebates for crypto prediction markets. Also, the way that contracts <> notional $ is calculated is universal amongst prediction markets and same with poly so it’s apple-to-apples. Separately on perps you claimed that “Here SCM means market makers that are selected by Kalshi lmfao”. This isn’t true. Anyone can become a Self-Clearing Member of a CFTC regulated exchange as long as they meet the regulatory requirements. “Fair access” is a reg requirement for us. All exchanges run rebate and incentive programs to help provide better liquidity on the exchange for traders. CME does it. So does Hyperliquid and Binance (in fact they run NEGATIVE market maker rebates). I’m the first to admit that it’s early days for perps for us given we're building a new product in untrodden territory (US perps). But the core difference between Kalshi and offshore perp exchanges is that while other exchanges run deals in the dark, we need to file our incentive programs publicly and so what you see is truly what you get.
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We're getting dangerously close to time to bust this bad boy back out on repeat 24/7 I am maximum bullish (as I have been since $57k despite all of the doomers on the timeline doing their best to make sure you remain sidelined with them)
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CT doesn't make heroes like this anymore, and that makes me sad. Most of your favorite influencers don't know how to find, much less read an EVM blockscanner
1/6 Correct: the screenshot itself is not proof. Anyone can fake an image or PDF. The proof is Robinhood Chain's signed transaction data. PDEX: 0x5C9A6a0353f1EDC67B22f2cdcfE9294f5A889B60 Chain ID: 4663 Here is the independently verifiable trail: --- 2/6 LAUNCH CONFIGURATION The PDEX launch key signed a transaction whose raw input contains SIX extra opening-tax-exempt future addresses. Open "Input Data" and inspect the final six-address array: --- 3/6 COMMON FUNDING Five minutes and 26 seconds before launch, one coordinator transaction funded all six controller wallets in exemption-list order. Five controllers were fresh wallets. --- 4/6 THE 45% ALLOCATION Four blocks after launch, one batch transaction spent 1.463880775043543409 ETH and allocated approximately 450,000,000 PDEX, 45% of the total supply, to those six tax-exempt addresses while they were still undeployed. --- 5/6 HOW TO VERIFY IT YOURSELF 1. Launch tx: inspect the six exemption addresses. 2. Funding tx: inspect the six funded controllers and their order. 3. Batch-buy tx: inspect the six PDEX recipients and amounts. 4. Open those recipient addresses: all six now contain identical 45-byte EIP-1167 minimal-proxy code. --- 6/6 WHAT THE CHAIN PROVES - Six future addresses were deliberately tax-exempted by the launch key. - Their controllers were commonly funded before launch. - One coordinated purchase allocated 45% of supply to them. - The addresses became identical owner-gated clones. That is cryptographic evidence of a coordinated preferential 45% launch bundle.
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Ok not offended anymore
Trying not to be offended that the hackers didn't come after my account (yet)
Trying not to be offended that the hackers didn't come after my account (yet)
something fishy is going on at X multiple accounts including my own received tens of password reset requests
All the plumbers are farming Ripe up 10x overnight and I was too busy yesterday to set it up when the token was 73 cents 😭😭😭
Chat how’d I do? (Miss me with anything abt K/dst - league rules you have to draft)
Lol just realized I have a 14 team fantasy football draft in two hours and I haven’t looked at a single offseason player transaction
Lol just realized I have a 14 team fantasy football draft in two hours and I haven’t looked at a single offseason player transaction
Will add to this: Refrain from the temptation to think it is because you're skilled or "good" at the game. Most likely you got very lucky. Respect the game (and make peace with being lucky). If you don't, you're likely to give it all back. Many such cases every cycle
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Seeing a bunch of newly minted millionaires on-chain, here’s Uncle Loma’s unsolicited advice: 1. You don’t have as many friends as you think 2. Money does buy happiness 3. If you’re retiring, pick up a social physical hobby 4. Mechanism of compounding now works heavily in your favor 5. Getting rich in a short period means you probably didn’t increase your cost of living. Be mindful of this. 6. Helping friends/fam is great but you cannot help people more than they’re willing to help themselves
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Kalshi Prime offers the lowest execution cost for perps (all-in: slippage + fees) DM me if you want 0.01% taker / 0.0% maker fees (disclosures below)
The egg man is back
STRATEGY BOUGHT 4,603 BTC ($369.7M) AT AN AVERAGE PRICE OF $80,318
Who is going to put ordinals on RH Chain?
0 ball knowledge Pumpfun was originally on Blast
I have a question for @a1lon9 now that $PONS is at $400M why didn’t @pumpfun make a EVM launchpad (start with Robinhood) at the start?
Early signs of CT coming alive again and the bull actually being back: >100 new fomo followers in a 24 hour period >100 new twitter followers in a 24 hour period Ppl are coming back and they’re looking for reputable/non-scam sources of alpha
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Still got it MFers $BTC blasting into the $80k range and $ETH retaking $2500 Plumber mode
Exactly the kind of charts you want to see on the 4h if you’ve got $ETH and $BTC exposure on this fine Sunday morning
If you’re new here… Resist the urge to key your emotions off of a scoreboard of others. Given how popular this cycle’s consumer apps are getting and the very “in your face” leaderboards showing everyone’s uPnL it will be very easy to get sucked into comparing your performance to others. This will lead many of you to losing it all. I know people did it when I went on the Virtuals run in 2024, and I’m finding myself getting sucked into comparing myself to peers that are crushing meme trades the last month. Remember why you’re here. Your job is to change magic internet coins into something that can change your life. Nobody else’s scorecard matters. Focus on yourself kings - execute your mission. Any gain is a win. Respect the flows and stay in your own lane.
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If you're new here... You don't have to trade every day. You don't have to trade every coin. You don't have to trade every news event. Overtrading has destroyed many bankrolls...particularly when you're trading no-edge or low-edge spots just because you think you're invincible. I implemented a new rule a couple years ago that I won't touch the buttons for at least 24 hours after a big trade win. I did this after giving back wayyyyy too much of my profits the day after hitting a lick for years. Realized I wasn't trading my edge anymore, but letting recency bias drive the train. Probably worth thinking about with Jackson Hole tomorrow and many people's recent success onchain (and in an easy to trade bull trend) - unless you have some sort of quantifiable edge about the Warsh speech, you probably aren't doing anything other than flipping a coin trying to trade majors around it.
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Exactly the kind of charts you want to see on the 4h if you’ve got $ETH and $BTC exposure on this fine Sunday morning
One thing that remains true across every cycle: Retail absolutely *loves* reflection coins (regardless of its called reflections, dividends, yield, etc) What is currently happening onchain was inevitable given this singular understanding
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As expected. Launched a project on Pons and rugged within 30 minutes. Idk if it’s the same guy that ran the Lost Realms rug or if he sold it to someone else to use, but same outcome either way
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Lost Realms/Saint project scam account just rebranded as a larp tech commentary account and posted for the first time in a couple years. The bot swarm that was paid to amplify old twitter spaces it hosted still spamming the comments lmao Either he sold the acc or coming back for another round of grifting
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