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gwilym
@wmpeaster
novelist in training | newsletter @bankless
7.4K Following    15K Followers
recently we've seen the nft space revving up... -new apps like @nfwdotfun -new defi models like @standard_rsv charters -new ai advances like @surfcoderepeat's IMD -new bustling mints like @jackbutcher's Credits -new opps like @token_works' cheap FWA 'Punks in other words it's a target-rich environment once again. it's easy to adventure and be rewarded in various ways again (and quite often literally with tokens) ofc... new releases make for new expansions new expansions make for new ideas new ideas make for new releases 'round and 'round so as things heat up like we're seeing now, this loop starts wheeling faster, thus new possibilities arrive faster too. don't sleep on this!
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one month after launching, Fake World Assets by @token_works has -become a major volume draw + gas consumer on Ethereum -(re)catalyzed more building around L1 NFTs, Uniswap hooks, etc. -become a top crypto protocol by holders' revenue, outpacing many larger projects -kept its tokenomics wheeling with significant FWA buybacks post-emissions -introduced new onchain primitives (e.g. FWAIR launches) -fielded a growing eco of permissionless extensions like Pull Pool, FWAP, LFWA, etc. -kept a regular cadence of new features, with user-owned pools next up in other words... it's done really well so far and pointed the way to new creative terrains onchain, there's a lot to like here imo!
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