The Alpha Leaks. III Zoom Sessions.

I'd like to walk you through the work management system we've implemented, aptly named Monday. This system helps us stay focused and organized. It's where we track various aspects of our operations, such as user attraction strategies, product development roadmaps, bug fixes, and technical updates. Most of our core development work is hosted on GitHub, serving as our source for code progress.We've adopted a 'default alive' mindset, emphasizing the importance of spending less than what we earn. Additionally, we're exploring potential venture capital avenues and maintaining meeting notes within this system.We've made significant strides in the past year. Notably, we established a spatial art gallery, a collaborative effort involving team members like Florence. This initiative required substantial effort and coordination, especially considering our aim to create a bespoke version for a key contact met during an art event.Our work also extends to my private gen art collection, demonstrating the potential of a virtual art gallery. We've invested time in creating the ikigAI Labs Discord and rebranding efforts, including setting up a new Twitter account, which has achieved a milestone of 1000 followers.A major undertaking has been curating 420 culturally relevant NFT collections, which we showcase on ikigAI Labs as an aggregator. This involved meticulous work in gathering contract addresses and integrating them into an Airtable.We've also been developing an in-house AI agent, with substantial code contributions visible on GitHub. This development is expected to significantly contribute to ikigAI Labs' value in the coming years.Our MVP (Minimum Viable Product) 1.0 received a $10 million acquisition offer from a project called REDACTED, which we declined to stay true to our values. This decision led to the development of our MVP 2.0, created in collaboration with Reservoir Tools. This version has been operational for six months.Looking ahead, we aim to refine our MVP 3.0, focusing on a more minimalistic, artistic UX, emphasizing the visual aspects of art over trading functionalities.Financially, we've been mindful of expenses, with notable investments in legal structures and paying our CTO, Roy. Our goal is to maintain financial sustainability, particularly through the sales of our membership NFTs and the Genesis Collection.In terms of human resources, Roy, our CTO, has been instrumental in our technological advancements, winning several hackathon awards recently. His expertise is crucial in building a solid foundation for our projects.As we move forward, we're prioritizing impactful work. We've set a goal to focus on five significant tasks each week, using our work management tool to track progress. This approach helps balance life and work while ensuring we make meaningful contributions to our projects.Our immediate plans include exploring user attraction strategies, refining our product, securing venture capital, and maintaining our financial 'default alive' status. We also aim to showcase our editorial content and code repositories on GitHub and Slack.We look forward to discussing these developments further in our upcoming meetings. Good Monday, Peace outIn this session, we dive into the latest version of our product, ikigAI V3. The opening page of our platform features the logo, wallet connectivity, and a primary call to action: getting on the allow list. This is facilitated through a project called PREMINT, enabling private access to our Discord or mints and inviting users to exclusive events.Initially, the home page's first fold is basic, but plans are to make it more visually appealing, possibly featuring images from our collections. I've taken screenshots from the actual production site to guide you through the current functionalities of V3.The second fold on the home page offers users their first NFT mint for free. However, the current visual, a creation of Dimitri Daniloff from the Playstation campaign, will not be the free NFT but used for the OG Founders Club. This section demonstrates our minting flow, from wallet connection to transaction confirmation.The interface shows the minted NFT details, including metadata like creator, curator, collection, network, and edition type. Our main business model revolves around minting a membership NFT. Initially, we planned to use three separate NFTs for different aspects of our platform, but now we'll use a single NFT with multiple images through a contract called Doppelganger by Transient Labs. This allows users to showcase different aspects of their identity, whether as a collector, curator, or creator.The MVP's menu bar offers sections like Home, Explore, Dashboard, About, and a link to LiveTheLifeTV, our editorial section. The Explore page lets users browse through our handpicked collection of 420 NFTs since 2017. The Dashboard section provides transaction data and account details.Our platform is Blockchain agnostic, allowing users to view collections across different chains. It also enables filtering by categories like pixel art, AI, gen art, photography, and collections from our icons or ambassadors.An example showcased a collection on Arbitrum, with filters for rarity and price. We also demonstrated the ability to buy or bid on NFTs listed on other marketplaces like OpenSea, directly from our interface.The user interface prioritizes visual prominence of NFT images, with metadata tags and descriptions available upon scrolling. Tests were conducted live in production, including listing NFTs for sale and making bids on specific pieces.Our dashboard allows users to view their NFTs, offers made, and other on-chain activities. The focus is on testing the base functionalities of the MVP.Next, we discuss our collaboration with Transient Labs, particularly their T.R.A.C.E technology, bridging traditional and digital art worlds. T.R.A.C.E provides tokenized records of artwork certification and evolution, tracking changes in ownership, exhibition history, and adding narrative authenticity on-chain. This is implemented through a secure temper chip linked to the artwork, paired with a digital certificate of authenticity as an NFT.T.R.A.C.E technology records and updates the artwork's journey, fostering a deeper connection between artists, artwork, and collectors. This approach widens our target market, allowing for the sale of physical art backed by Blockchain technology.Finally, we discuss our business model. It's centered around the sales of our membership cards. Our valuation is set at around $5 million, with plans to raise 20% for $1 million upon reaching our first revenue milestone. Equity is distributed among creators, curators, collectors, and investors, redefining yield farming in the context of our NFT project.In our most recent zoom recording, we delved into the intricacies of our software 'Monday', dissected our business model, and strategized about our future in fundraising and equity distribution. This editorial encapsulates the vital points of discussion, shedding light on our direction and vision at ikigAI Labs.Our discussion began with an in-depth look at 'Monday'. Far from being just another piece of software, it represents the bedrock of our operational focus. It's crafted to streamline our processes, ensuring that we remain centered on what truly matters for our business's growth and stability. A pivotal part of our strategy revolves around our unique business model, integrating membership NFTs and the OG Founders Club NFT. This approach isn't just innovative; it's a game-changer in how we engage with our community and stakeholders. The model's pricing structure and the inherent advantages of each NFT were discussed, highlighting how these elements form the backbone of our future business endeavors.Our fundraising strategy, crucial for our expansion and sustainability, involves conducting eight rounds of fundraising, each targeting $125,000. This systematic approach ensures a steady influx of capital, vital for our growth. We also discussed the varying discounts offered in each round, reflecting our commitment to providing value to our early investors.Equity distribution is a critical aspect of our business model. We delved into how equity is allocated among different roles, such as curators and icons, with specific percentages and values. This structured approach to equity distribution underscores our commitment to fairness and incentivizing contributions across various roles.We also explored our collaborations with partners like Transient Labs, utilizing their smart contracts to enhance our offerings. The importance of our editorial section and the aggregator marketplace on our website was emphasized, showcasing our dedication to content creation and curation.Our use of Slack for internal communications reflects our focus on efficient and effective collaboration. The diverse channels cater to different facets of our operations, from code development to strategic planning, ensuring that every team member is aligned with our overarching goals.The Zoom recording was a simple exchange of ideas; it was also a reaffirmation of our commitment to innovation, strategic planning, and community engagement.As we move forward, these recordings will serve as a guide, helping us navigate the complex yet exciting journey ahead.GNNot sure who needs to hear this, but it is completely okay for artists to mint works just for the sake of utilizing the blockchain as a time stamp. Not everything minted needs to be listed for sale immediately.


In the heart beats a vision

In the heart of ikigAI Labs XYZ beats a vision, not just of technology, but of transformation. Here’s to the crazy ones, the misfits, the rebels – those who, like us, see not just code and contracts in Web3, but a canvas for revolution. A revolution where NFTs transcend assets, and creators are the new founders of a digital renaissance.Our journey is not just about building platforms; it's about reshaping lives. We are the architects of a world where working in web3 means more than a job – it's a lifestyle embracing freedom, creativity, and community. Here, by the sea or in the mountains, we're not just earning a living; we're crafting a dream.In this new world, our projects are more than companies; they are ecosystems of innovation where collectors become shareholders in a story of shared success. Royalties transform into revenue streams, breathing life into the creations of digital artisans. Tokens are not just equity; they are the building blocks of a decentralized economy where utility is redefined at every turn.At ikigAI Labs XYZ, we believe in a culture that does more than just exist; it thrives. It’s a culture where creativity meets technology, and the weird and wonderful are celebrated. We are adventurers in an ever-changing landscape, driven by a relentless pursuit of growth, learning, and genuine connections. Our team spirit is not just about working together; it's about building a family that pushes the boundaries of what's possible.In our world, startups create not just products, but experiences. An unfair competitive advantage lies not only in quality but in the experience we deliver – from user experience to brand storytelling, from customer support to community engagement. Our speed of execution, our company culture, and our partnerships are the gears of this unstoppable machine.As we look to the future, we see a landscape where action breeds innovation. For those pre-product/market fit, remember: action produces information. In the relentless pursuit of product-market fit, it's about creating a repeatable go-to-market strategy, refining products, and enhancing lifetime value. It's about building not just a company, but a legacy.And so, as we stand on the brink of this new era, we are reminded of the words that echo our spirit: "The ones who are crazy enough to think that they can change the world, are the ones who do."Imagine a world where the traditional boundaries of business and creativity dissolve into a harmonious symphony. In this world, NFTs are not mere digital assets; they are masterpieces of creativity, each carrying a story, a soul. Projects are the new companies, vibrant hubs of collaboration where creators are the pioneering founders. Collectors are the enlightened shareholders, invested in the success of each creation. Royalties become a sustainable revenue stream, and tokens are the new equity, democratizing investment. Utility is reimagined as the essence of the product, with the community becoming the cornerstone of marketing. And in the heart of this revolution lies Solidity, the language of contracts, the foundation of trust in this decentralized world.The Genesis Art Collective at ikigAI LabsFor Creators:Participation: We are collaborating with 8 iconic creators, each granted the opportunity to mint up to 24 unique images.Editions: Every image will be available in an edition of 15, ensuring exclusivity and value.Artist Proofs (APs): Each creator receives 1 AP for personal use, and 2 APs are allocated to ikigai Labs, fostering a shared interest in the artwork's success.Compensation: Beyond the sales revenue, creators will receive equity in our enterprise through $VIBES tokens, aligning their success with ours.For Collectors:Sales Price: Each piece is priced at 0.21 ETH, balancing accessibility with the value of the art.Collection Frequency: We aim to launch a new collection monthly, keeping the offering fresh and dynamic.Investment in Quality: By collecting from ikigai Labs, you're investing in a portfolio of real-world assets, including fine art NFTs and real estate.Sustainability and Long-term Strategy:Unsold Works: Should any pieces remain unsold after the first week, they will be reserved in our ikigai Art Vault. This approach aligns with our vision of building up valuable assets.Future Auctions: Reserved artworks may be featured in future auctions, offering another opportunity for collectors and adding long-term value to our holdings.Alignment with ikigai Labs Vision: Holding a portion of each collection in our Art Vault is not just a strategy for scarcity; it's a commitment to our larger goal of accumulating a diverse and valuable portfolio of real-world assets.Conclusion:Our approach with the Genesis Collection is designed to benefit both creators and collectors. Creators gain from the immediate sales revenue, APs, and $VIBES tokens, aligning their success with ours. Collectors acquire unique, valuable art pieces, with the assurance that unsold works enhance the value of their investments. This strategy aligns perfectly with the ikigai Labs vision of creating a robust portfolio of real-world assets, including fine art NFTs and real estate.Cover Image: Dimitri Daniloff


Camelot DEX & The Holy xGrail

Arbitrum stands out in the Ethereum Layer 2 (L2) space, leading in key metrics like Total Value Locked (TVL), trading volumes, stablecoins presence, and protocol diversity. Despite skepticism around L2s, Arbitrum's robust technology and clear roadmap, including key updates like EIP-4844, suggest significant potential for growth and efficiency improvements.The introduction of EIP-4844 is expected to reduce L2 operating costs by nearly 10x, paralleling the impact of EIP-4895 on the liquid staking sector. This upgrade is anticipated to significantly increase the flow of capital and users from Ethereum to L2 solutions, with Arbitrum positioned to be a primary beneficiary.Decentralized Exchanges (DEXs) on thriving chains can experience a flywheel effect: more liquidity leads to higher trading volumes, which in turn increases fee revenue. Examples from other ecosystems, like Orca and Raydium on Solana, show that DEXs can significantly outperform the base asset of their respective chains in times of high inflow. CamelotDEX, as a native DEX on Arbitrum, has successfully carved a niche by focusing on being the primary DEX for Arbitrum ecosystem projects. With high TVL, robust weekly DEX volumes, and significant protocol votes, CamelotDEX shows a strong market presence. CamelotDEX's strategic incentivization of liquidity using $ARB tokens has been effective without compromising trading integrity.Given the upcoming EIP-4844 upgrade, Arbitrum's leading position in the L2 space, and CamelotDEX's strategic growth and value proposition, $xGRAIL, feels like a compelling opportunity for capital inflow and growth.The protocol boasts an impressive accumulation of $11 million in fees and has a treasury worth $25 million. The protocol's revenue, reaching $2.2 million and $9 billion trading volume coursing through CamelotDEX demonstrates its significant role in the crypto trading ecosystem. The Total Value Locked (TVL) in CamelotDEX hitting a new all-time high of $118 million is a clear signal of the growing trust from the community. These compelling financial metrics suggest that the current market valuation of $GRAIL might not fully reflect its underlying value and potential, presenting a potentially promising upside.Contents published on LiveTheLife.TV shall not constitute investment advice, financial advice, trading advice, or any other kind of advice, and you should not treat any of the content as such. You alone assume the sole responsibility of evaluating the merits and risks associated with using any information or other content on this website before making any decisions based on such information. You understand that the crypto market is characterised by high volatility, and you should be aware of the concrete possibility of losing the entirety of the funds you allocated in the crypto market. You should refrain from using funds you can't afford to lose when purchasing cryptocurrencies and other digital tokens.


ETHBTC ready for a comeback?

Imagine ETH and BTC as two athletes in the crypto race. Recently, BTC has been like the star quarterback, getting all the attention, especially with some big events coming up (think ETF and Halving). It's like everyone wants a piece of BTC because it's seen as a safe bet in a crazy world.Now, ETH has been sort of in the shadows, especially with new players like Solana showing up and stealing some of the limelight. It's like ETH was the cool kid on the block, and then this new kid comes in and starts drawing the crowd. So, ETH's been a bit under the radar.But here's where it gets interesting. ETH's got some cool stuff up its sleeve. They're planning this big upgrade (Dencun) and it's happening around the same time everyone's expecting the BTC ETF to get the green light. It's like ETH is waiting for the perfect moment to make a comeback.Now, let's talk about the behind-the-scenes action. You've got this guy, Saylor, who's been buying truckloads of BTC, and the miners aren't selling their stash. They're playing it smart because there's no ETF yet. This is kinda creating a bit of a shortage in BTC, which pumps up its value.On the ETH side, things are a bit rocky. Celsius has been offloading ETH, probably to fund their mining gig. But that's expected to cool down soon. Plus, there's this whole thing with Mt. Gox (old crypto drama) that might end up being good news for ETH. It's like ETH might get a surprise boost.Then, there's talk about the government holding off on selling BTC until after the ETF stuff is sorted. Plus, some technical things are happening that could put pressure on BTC but give ETH an edge.ETHBTC, as a pair, is at a low point, but it looks like it's ready for a comeback. It's like they've been in training and are now ready to sprint.And just to spice things up, there's more to the story. Solana's doing okay, but some of the other new platforms might not be as solid. ETH's got these side projects, Optimism and Arbitrum, which are pretty promising. It's like ETH is not just relying on its main game; it's got a strong bench too.But hey, let's be real. BTC is still a big deal. It's got this Halving event coming up, and it's more established than ever. Big financial players are likely to hype it up even more. So, it's not all smooth sailing for ETH.So, what's the move? Going long on ETHBTC. It's like betting that ETH is going to catch up and maybe even overtake BTC, at least for a while. It's not a sure thing, but it's an interesting play.So that's the lowdown, man. ETH and BTC are in for an interesting time. It's like watching a sports drama, but with digital coins!Contents published on LiveTheLife.TV shall not constitute investment advice, financial advice, trading advice, or any other kind of advice, and you should not treat any of the content as such. You alone assume the sole responsibility of evaluating the merits and risks associated with using any information or other content on this website before making any decisions based on such information. You understand that the crypto market is characterised by high volatility, and you should be aware of the concrete possibility of losing the entirety of the funds you allocated in the crypto market. You should refrain from using funds you can't afford to lose when purchasing cryptocurrencies and other digital tokens.


Grit, sacrifice, and triumph.

In the world of crypto, there's a story of grit, sacrifice, and ultimate triumph that serves as an inspiration for many. It's the story of an individual who started with less than $10,000 in capital and a burning desire to make it big in the cryptosphere. This journey is not for the faint-hearted or those content with modest gains and a steady life. It's for the bold, the ones ready to grind their way to seven figures.The protagonist of our story is someone who dared to break free from the shackles of a conventional 9-5 job and an education system that often feels disconnected from the real world. With just a few thousand dollars in hand, they embarked on a relentless pursuit of wealth in the volatile yet lucrative domain of cryptocurrencies and NFTs. Their journey was anything but easy. It involved immense sacrifices – social isolation, mental exhaustion, and a lifestyle far removed from normalcy.For years, they lived in a self-imposed exile, fixated on the world of crypto. This period was marked by intense trading, deep research, and constant engagement with the market. The sacrifices were immense; relationships strained, physical health ignored, and mental well-being challenged. However, the focus never wavered. By the end, their persistence paid off, turning their initial investment into a million-dollar fortune.This journey was as much about financial gain as it was about personal growth. It was a year that taught our protagonist invaluable lessons about human emotions, the economy, and the intricacies of trading and business. It was also a time of intense self-discovery, understanding the limits of one's endurance and the power of relentless pursuit.However, this story isn't just about solitary success. It's about the transformative impact of this success on the lives of others. The newfound wealth was not hoarded but shared with his family. It's a testament to the idea that personal success, when shared, becomes a collective triumph.The narrative doesn't glorify the hardships but rather highlights them as a crucial part of the journey. The path to success in crypto isn't just about making smart investments; it's about being in the trenches, enduring failures, and rising again. It's about maintaining physical and mental health, staying organized, and constantly learning.In the end, this story is a rallying call for those who dream of making it big in the world of crypto. It's about finding your community, your 'trench warrior brothers', and supporting each other in the pursuit of a common goal. It's a reminder that every success in this field is a collective victory, a shared moment of joy among those who understand the struggle.So, for anyone standing at the edge, contemplating the leap into the tumultuous world of crypto – this story is a beacon. It's a reminder that the journey is tough, the sacrifices are real, but the rewards, both material and personal, can be life-changing. The time to act is now, for in the world of crypto, opportunities wait for no one. The trenches are calling. Are you ready to answer?The journey through the crypto world is marked by significant milestones, each representing a new level of financial freedom and security. It begins with winning your freedom, symbolized by reaching that first million. This is a monumental achievement, a sign that you've not only mastered the basics of crypto trading but have also succeeded in turning your knowledge into tangible wealth. It's a point where the chains of conventional employment can be cast off, and you have the financial means to live life on your own terms.The next stage is about securing that freedom. Reaching a wealth of $2 to $3 million is about ensuring that your newfound freedom is not fleeting. This phase is about consolidation - diversifying your investments, minimizing risks, and perhaps even exploring other avenues of wealth creation beyond crypto. It's about building a safety net that allows you to enjoy your freedom without the constant worry of losing it all. Here, the focus shifts from aggressive growth to sustainable wealth management.Finally, there's the stage of securing your retirement, where the target is a wealth of $5 to $10 million. This phase is about looking towards the future with a vision that aligns with your personal tastes and expectations. It's where your investment strategy becomes more about long-term stability and less about short-term gains. This stage is not just about securing your own future, but also about creating a legacy. It could be about setting up charitable foundations, investing in the future of others, or ensuring that your loved ones are taken care of for generations to come.In essence, the journey through the world of crypto is not just about accumulating wealth. It's about personal growth, learning to manage not just your investments but also your aspirations, responsibilities, and the impact you want to have on the world. Each stage brings new challenges and opportunities, and how you navigate them defines not just your financial success, but your legacy as a visionary in the ever-evolving landscape of cryptocurrency.Contents published on LiveTheLife.TV shall not constitute investment advice, financial advice, trading advice, or any other kind of advice, and you should not treat any of the content as such. You alone assume the sole responsibility of evaluating the merits and risks associated with using any information or other content on this website before making any decisions based on such information. You understand that the crypto market is characterised by high volatility, and you should be aware of the concrete possibility of losing the entirety of the funds you allocated in the crypto market. You should refrain from using funds you can't afford to lose when purchasing cryptocurrencies and other digital tokens.


Exclusive Digital Asset #ERC4096

Imagine a digital treasure so rare that only 4096 exist in the entire virtual universe. That's #ERC4096 for you! Unlike most tokens, which can be divided into tiny fractions, #ERC4096 maintains its integrity. You can't break it down, so you trade it whole – a true symbol of digital scarcity.The Economics of ExclusivityA Unique Tax SystemTrading #ERC4096 comes with a twist: zero tax on buying but a 5% tax on selling. What’s more intriguing? 4% of this tax vanishes into thin air, burned forever, ensuring the tokens become even rarer over time. And there's a catch – if you're trading less than 20 tokens, the tax doesn't apply.Burn MechanicsThe token follows an innovative burn policy. Depending on the liquidity pool (LP) balance, a token is burned every 2/4/8/16th sell, making #ERC4096 even more scarce. And every 8 hours or after 1024 tokens are traded, one token gets obliterated from the LP, given it has more than 256 tokens. Crafting a Narrative of ScarcityA Tale of Limited Digital Wealth. #ERC4096 isn't just a token; it's a narrative of real scarcity. Every burn not only reduces the total supply but also heightens the token's value and exclusivity.Insider Tips for TradersWhen you're diving into the Uniswap pool to grab your #ERC4096, remember: specify the number of tokens you want, not the ETH amount. This ensures precise transactions, especially crucial for a token without decimals.The Status SymbolOwning a #ERC4096 token has become a badge of honor in the crypto world. A staggering 193 holders currently boast exactly one token in their wallets. Why one? Because in the world of #ERC4096, less is more. You can't buy less than one, making each token a prized possession. (CoinGecko)4096No decimals. Scarcity and deflation.supply decreases daily by contract-enforced burns < the Liquidity Pool gets thicker with every sale >4096 NFT collection made as an ERC-20 contract and available to trade as a regular token on Uniswap (dexscreener) Game changing smart contract tbh 🔥"In the world of cryptocurrency, a new token named $4096 emerged, captivating investors with its unique charm. With a mere 250K market capitalization and a price of $50 per token, its allure was in its scarcity - limited supply, no fractional ownership, and intriguing burn mechanics. This set the stage for a game of high stakes and higher hopes." - AnoNakamigoThe Surge of SuccessAs the token's value skyrocketed, so did the spirits of its holders. Within 12 hours, the market cap breached 2M, and your investment had multiplied tenfold. The euphoria was palpable, but so was the hesitation - sell or hold? The decision was swayed by the community's bullish vibes and the token hitting all-time highs. The choice was made: hold and hope.The Sleepless NightThe excitement was overshadowed by a familiar fear, born from past experiences of waking up to losses. Paranoid and restless, you checked the charts at the crack of dawn, only to find the market cap soaring over 5M. This was beyond expectations, and yet, the decision remained to hold, bolstered by a belief in being 'still early' in the game.The Shift of TidesThe unforeseen happened - Ledger issues caused panic. The market cap retracted, yet your belief in the token's strength didn't waver. Despite warnings to stay passive, the market's retreat continued. Doubts crept in, but the thought of selling at a low after a recent peak seemed illogical.The Descent into DespairAs holder counts dwindled and FUD spread, the once-optimistic narrative turned bleak. Reluctantly, you sold, securing a 3x gain but far from the peak you had witnessed. It felt like defeat, a surrender to market forces and emotional fatigue.The Bittersweet AftermathIn an almost mocking twist of fate, the market rebounded after your exit. Prices climbed, and holder counts increased. The token you let go of was now thriving, possibly on its way to a 100M market cap.The Elusive LessonWhat's the moral of this story? In the enigmatic and emotional world of cryptocurrency trading, clear-cut lessons are rare. The market's whims, coupled with the psychological pressures of fear, greed, and hope, create a landscape where certainty is a luxury and hindsight, a cruel teacher.w4096 is a token with 4 decimals exchangeable to 4096 by wrapping/unwrapping.How will it benefit 4096?4096 tokens are not NFTs, though they are really close, it is a collision between ERC-20 and ERC-721. So because they are fungible, it is important that people will be able to buy 4096 at higher prices. This is where w4096 comes into play, allowing smaller holders to get a part of 4096 token, and maybe eventually unwrapping it into a real 4096. It also creates an easier way to DCA with small buys. w4096 will come with an OTC marketplace, where w4096 owners will be able to create their own pools or join the others. The price of the pool can be fixed or follow the market price of 4096 with an optional additional price (in fixed ETH or %). If you're a whale, you'll be able to create an exclusive pool where no one else will be able to join. Parameters of the exclusive pools (min, max and additional price) can be edited at any time. There are taxes on w4096, but reversed. On every buy there is a 5% tax (like 5% tax on every 20+ tokens sell of 4096), of which 4% will be burned. This burn directly benefits 4096, as you can only get w4096 by wrapping original 4096 tokens! It may seem like a buy tax is worse than sell tax, but there is really no difference. If there was a sell tax where sellers would get less ETH on their positions, they would up the prices to compensate it. w4096 and the existence of OTC marketplace will allow more trading tactics for smart traders, thus just increasing the volume on both 4096 and w4096. At the time of its release, this will be an exclusive platform for w4096. However, OTC marketplace can potentially be extended to accept any other token. A detailed docs and the platform release will come after New Year. Then you can expect more updates that will target 4096 holders, such as: telegram integration, 4096 club and individualization of each token.Note: the interface might not be final and the data is just an example.4096 AppContents published on LiveTheLife.TV shall not constitute investment advice, financial advice, trading advice, or any other kind of advice, and you should not treat any of the content as such. You alone assume the sole responsibility of evaluating the merits and risks associated with using any information or other content on this website before making any decisions based on such information. You understand that the crypto market is characterised by high volatility, and you should be aware of the concrete possibility of losing the entirety of the funds you allocated in the crypto market. You should refrain from using funds you can't afford to lose when purchasing cryptocurrencies and other digital tokens.


Cryptocurrency Landscape 2024

As we venture into 2024, the cryptocurrency landscape presents a complex tapestry of opportunities and challenges. This guide aims to provide strategic insights into key areas of interest for degens and farmers alike.Layer 2 Scaling SolutionsWhile major Ethereum Layer 2 solutions like zkSync, Scroll, and Base are still evolving, attention should be directed towards platforms nearing tokenization, such as Optimism, Linea, and Taiko. zkSync enthusiasts might consider strategies like swapping and liquidity pooling on Syncswap, albeit with a long-term view due to the delayed token release.Transaction StrategiesA measured approach is recommended, with bi-weekly transactions. However, it's crucial to stay attuned to short-term price movements, a strategy corroborated by recent market volatility predictions.Interoperability SolutionsPlatforms such as LayerZero, Wormhole, and deBridge play a pivotal role in enhancing cross-chain functionality. The potential for substantial returns from simple bridging activities between chains should not be underestimated.Non-EVM dAppsSolana and Aptos are gaining traction with unique dApps like Tensor, MarginFi, Zeta, Drift, and Kamino. These platforms represent a burgeoning sector of the crypto market, with potential for significant growth in 2024. Innovative Points FarmingOpportunities in liquidity airdrops from platforms like Eigenlayer and Kelp DAO are noteworthy. Additionally, points farming in innovative dApps such as Hyperliquid remains a potentially lucrative strategy.Meme CoinsDespite their volatility, meme coins continue to attract attention. Coins like $COQ, $WOLF, $BEAR, and $RPG on the Ethereum network, and others like $POPCAT and $WIF on Solana, demonstrate the diverse and speculative nature of this market segment.Market TrendsIncreased institutional adoption and potential ETF approvals may bring more stability and investment into the crypto space.The Bitcoin halving event in April 2024 is expected to be a crucial moment, though its impact might be less pronounced than in previous cycles.Regulatory clarity and compliance will be key factors shaping the market, with governments likely to establish more defined rules.DeFi is projected to continue its growth trajectory, becoming more mainstream and accessible.ConclusionIn the digital corridors of blockchain technology, the Solana network emerges as a protagonist, not just for its technological prowess but for its unexpected narrative twist with the Bonk phenomenon. This story isn't about overnight success; it's a tale of gradual recognition and appreciation of Solana's unique innovations. The Bonk surge exemplifies how unexpected elements can galvanize a network, offering lessons in adaptability and the power of community-driven movements.Inter-Blockchain Communication (IBC) stands as a pivotal element in this story, akin to a bridge linking disparate islands. It's within this context that Cosmos finds its voice, striving to overcome past challenges with its superior technology. This modular movement is about dismantling and reassembling the core functions of blockchains - execution, consensus, and data availability - to discover new combinations and possibilities. Finally, the emergence of Base as the 'App Store' of Web3 marks a cultural shift in how users interact with blockchain technology. Base represents a gateway, a platform that promises to onboard a vast number of users, illustrating how the integration of real-world interactions with NFT loyalty programs like Blackbird is reshaping the user experience.As these narratives intertwine, they form a tapestry depicting a landscape marked by continuous innovation and transformation. Each element – from Solana's rise to the potential of Ordinals, the unifying role of IBC, the creative potential of the modular movement, to the user-centric approach of Base – contributes to the overarching story of cryptocurrencies in 2024: a saga of tech advancements, community dynamics, and the relentless pursuit of practical utility.


A Rising Force in the Space #saga

As the blockchain and cryptocurrency sectors continue to evolve, the rivalry and advancements within these ecosystems bring forward new perspectives and opportunities. Solana, with its recent developments, stands out as a notable player.Solana's approach showcases several key differences compared to Ethereum:Parallel Transaction Processing: Unlike Ethereum's single-threaded EVM (Ethereum Virtual Machine), Solana processes transactions in parallel. This architectural choice allows for more efficient handling of multiple transactions simultaneously, significantly boosting throughput. (VISA)Localized Fee Markets: Solana operates with local fee markets, which means that spikes in gas prices in one part of the network do not adversely affect unrelated users. This system contrasts with Ethereum's global fee market, where increased demand in one area can lead to higher fees network-wide.Decoupled Logic and State: In Solana, logic and state are separate entities. This separation offers greater flexibility and room for composability in smart contract development, allowing developers to create more complex and interconnected applications.In practice, these technical distinctions have tangible benefits. Solana has achieved a remarkable throughput, surpassing 2,000 user transactions per second (TPS). This rate exceeds the combined TPS of all Ethereum Layer 2 solutions and Ethereum itself by a significant margin. Moreover, it achieves this high performance while maintaining an average transaction fee of only $0.00025 and supporting over 3,000 nodes. For context, Solana operates in more data centers than most other blockchains have nodes in total.Solana is working on an experimental project to give app builders the ability to set dynamic and customized fees for interacting with an app's state. This update will enable app-specific customized fee models, app level value capture and spam prevention and improved UX. One reason apps want their own appchain is to customize their fee market.Why SolanaA pragmatic perspective on choosing what chain to build a business on.Rotating WordsmertWhile some express concerns over Solana nodes needing significant resources, such as 256-512GB of RAM and 24 cores, others are advocating for even more robust hardware. The call for nodes with over 2TB of RAM and 48 cores stems from a desire to push the boundaries of performance. Despite its high performance, it's important to note that Solana, in its current state, is not operating at peak efficiency. Originally, the first client of Solana was developed with a focus on speed-to-market, a common strategy in startup environments. While this approach succeeded in quickly establishing Solana in the blockchain space, it also led to certain issues related to downtime and performance. Recognizing these challenges, the Solana team is now taking significant steps toward optimization.Firedancer Reliability EffortsBacked by decades of experience developing global trading systems operating at far greater scale than public blockchains, Jump seeks to improve Solana network reliability by building an independent validator client.Jump CryptoRichard PatelLeading this effort is the Firedancer team, headed by Kevin Bowers, a renowned expert in high-performance computing. The team is undertaking an ambitious project to rewrite the entire Solana client from scratch. This overhaul is being approached with the benefit of hindsight, a clean slate, and a wealth of domain knowledge. The expected outcomes are promising: lower hardware requirements, enhanced performance, and improved reliability and security.The Year Solana Blew UpOn my first day of working at Solana Labs, I rode an inner tube down a whitewater river with the team. What happened next was fairly…MediumRyan SheaHowever, it's essential to temper expectations regarding immediate results. The updated Solana client is unlikely to achieve the lofty goal of 1 million transactions per second (TPS) at launch. Nonetheless, this development is a significant stride in pushing the limits of what's possible with integrated L1 scaling. SOLD OUTSolana's Saga smartphone, initially struggling with sales, has seen a dramatic increase in demand. This surge is largely attributed to the airdrop of 30 million BONK tokens, a memecoin on the Solana network, to each new phone owner. The value of this airdrop has been substantial, at times exceeding the cost of the phone itself, which led to a significant boost in phone sales. "Imagine they drop an NFT. 20k supply at around an 8 SOL mint price. The utility is a mobile phone and upcoming airdrops with ecosystem partners." #SAGAThe BONK token experienced a remarkable surge in value, over 1,100% in the last 30 days, propelling its market capitalization above that of its competitor memecoin, Pepe. Solana Labs is now keen to see more developer submissions for the dApp store, as they believe Web3 developers are creating great apps that can attract a loyal and committed community. This aligns with the broader goal of breaking the dominance of centralized app service providers like Apple's iOS Store and Google's Play Store. Yakovenko expressed that once developers start releasing crypto-incentivized apps for Saga users, it would create a concentrated distribution channel for users interested in crypto incentives, potentially disrupting the current mobile app market dynamics.This optimistic outlook is also reflected in the price action of Solana (SOL), which has seen a significant uptrend, increasing by 300% in the last two months and overcoming key resistance levels. (VanEck 2030)The Solana blockchain is bustling with innovative applications that mirror and, in some cases, advance the functionalities of well-known Ethereum-based apps. Here's a glimpse into some of these:USDH (Hubble) vs. MakerDAO: Hubble on Solana is akin to Ethereum's MakerDAO, providing a stablecoin ecosystem. Hubble allows users to mint USDH, a stablecoin, using various crypto assets as collateral.Pyth vs. Chainlink: Pyth, operating on Solana, is comparable to Chainlink on Ethereum. It serves as an oracle solution, providing real-time and verifiable market data to DeFi applications.Squads Protocol vs. Gnosis Safe: Squads Protocol on Solana mirrors the functionality of Ethereum's Gnosis Safe, offering a platform for creating and managing multi-signature wallets.Realms (SPL Governance) vs. Snapshot: Realms is Solana's answer to Ethereum's Snapshot, providing a decentralized platform for governance and voting within the Solana ecosystem.Metaplex vs. Zora: Similar to Zora on Ethereum, Metaplex on Solana is a platform that allows creators and artists to launch and manage NFT storefronts and marketplaces.Magic Eden vs. OpenSea: Magic Eden stands as Solana's parallel to Ethereum's OpenSea. It's a leading marketplace for buying, selling, and trading NFTs on Solana.Tensorswap vs. Blur: Tensorswap on Solana is a platform similar to Ethereum's Blur, offering a decentralized trading experience with advanced features for NFT traders.Jupiter vs. 0x/1inch: Jupiter, a popular DEX aggregator on Solana, provides functionality similar to 0x and 1inch on Ethereum, offering users optimal trade routing and better rates.Orca vs. Uniswap: Orca functions on Solana like Uniswap does on Ethereum. It's a user-friendly DEX that facilitates the trading of various tokens on the Solana blockchain.Solend/Marginfi/Drift/Kamino vs. Aave: These platforms are Solana's versions of Ethereum's Aave, offering decentralized lending and borrowing services.Kamino vs. Yearn: Kamino, similar to Yearn on Ethereum, is a yield optimization platform on Solana that allows users to maximize the returns on their crypto assets.Marinade/Jito vs. Lido: Marinade and Jito on Solana offer staking services comparable to Lido on Ethereum, enabling users to earn rewards by staking their tokens.Drift, Jupiter, Żęta Markets vs. Open/GMX Perps: These platforms provide perpetual trading options on Solana, similar to what Open and GMX offer on Ethereum.Mayan Finance vs. Bridges: Mayan Finance on Solana is a bridge service, facilitating the transfer of assets between different blockchains, much like bridge services on Ethereum.SNS Names vs. ENS: SNS Names is Solana's version of Ethereum Name Service (ENS), offering human-readable names for wallet addresses and decentralized websites.Phantom, xNFT Backpack, Solflare vs. MetaMask: These are popular wallet applications on Solana that offer similar functionalities to Ethereum's MetaMask.PHANTOM APP: CAMERA MINT “INSTANTLY TURN PHOTOS AND VIDEOS INTO NFTS” #SAGAMoving Beyond the Ethereum ShadowIt's essential to acknowledge the lingering reluctance in the crypto community to fully embrace Solana, often out of loyalty to Ethereum. However, a closer look at the user experience (UX) and functionalities of Solana's offerings suggests a shift. Products like Tensor, Jupiter, Kamino, and Phantom are not only leading within Solana's ecosystem but are also competing fiercely with the best from Ethereum. This comparison highlights the advancements Solana has made in terms of UX.Liquidity and the Lindy Effect: Ethereum's EdgeWhile Solana is making strides, Ethereum still maintains a lead in terms of liquidity and the Lindy effect—a concept implying that the longer something has been around, the more likely it will continue to exist. This enduring reliability makes Ethereum a preferred choice for storing significant capital.Behavioral Shift: From Desktop to MobileA critical shift observed in the crypto world is the move from desktop-first platforms like MetaMask and Ledger to mobile-first platforms. This transition, most notably seen in the shift from Ethereum's DeFi summer in 2020 to Solana's winter in 2023, underscores the growing importance of mobile accessibility in the crypto space.Solana's Recent AchievementsDEX Volume and TVL: Solana recently surpassed Ethereum in DEX volume, a significant milestone. Despite having only 5% of Total Value Locked (TVL), this achievement challenges the perceived importance of TVL as a metric.NFT and DEX Market Performance: In terms of NFT volume, Solana is outperforming Ethereum, with platforms like Tensor surpassing their Ethereum counterparts. Similarly, Solana's Jupiter has flipped Uniswap in terms of volume, signaling a shift in market preference.The Investment Cycles: BTC, ETH, and Now SOLReflecting on the investment cycles within the crypto market, there's a notable progression from prioritizing Bitcoin, to Ethereum, and now Solana. Comparing the market capitalizations of Ethereum and Solana, with ETH at $10k equating to a $1.2+ trillion market cap, and SOL at $500 representing a $210 billion market cap, there's significant growth potential for Solana. (VanEck)New NarrativeA new narrative is unfolding, one that beckons Ethereum maximalists to explore the burgeoning realm of Solana. And it isn't just a tech-centric one. It's also about user experience. Solana shines bright, offering what many consider the best UX. With a mobile-first approach, Solana taps into the 20K pool of saga smartphone users. Each community tells its own unique story. Bitcoin is like witnessing an old religion, steeped in tradition and unwavering faith. For them, Bitcoin is more than a currency; it's a symbol, a philosophy, a part of their identity. Then, we have the Ethereum crowd, a fascinating blend of tech enthusiasts and modern-day philosophers. Sure, they've reaped substantial financial rewards from Ethereum's growth, but their journey didn't stop there. They ventured into realms beyond the blockchain, exploring concepts like network states and delving into spiritual and personal development experiences. Think of them as the Renaissance individuals of the crypto world, always seeking new frontiers, be it in technology or in their personal lives.Solana has been the underdog. These past couple of years haven't been smooth sailing for them. The turmoil surrounding SBF and FTX hit them hard, but instead of bowing down to these setbacks, they doubled down on their efforts. It's a community that's been through the wringer, yet their response was to build, and build relentlessly. They're like the phoenix rising from the ashes. Solana as Apple and Ethereum as Android. PlayStation vs Xbox.Buy Saga and AccessoriesBuy Saga, a premium Android mobile phone purpose-built to power web3. Self-custody on device with Seed Vault and access web3 native dApps. Enjoy incredible cameras, stunning display, and rear fingerprint sensor.Solana Mobile StoreFor developers looking to dive into the Solana ecosystem, there's a treasure trove of resources and tools that make it an attractive platform for building fast, cost-effective, and scalable applications. Emphasis on network health metrics such as the high number of validators (~2000) and RPC nodes (~900), high Nakamoto coefficient, good node hosting and geographical distribution, low carbon footprint.Smart Contract Frameworks:Anchor: A popular framework for Solana smart contract development.Seahorse: Another framework offering unique features for Solana development.Nautilus: A newer addition to the Solana ecosystem, worth exploring.Programming Languages:Rust: The primary language for Solana development.C and Python: Useful for certain aspects of Solana development.Solidity (and soon Move): For developers familiar with Ethereum, Solidity is also an option, with Move language support on the horizon.Myth Busting: Contrary to popular belief, Rust is not the only language for Solana development. The ecosystem is versatile.Bankrun: A testing framework for Solana (more details at Bankrun).JupiterExchange, Birdeye: For integrating price data into your applications.Jito: A platform focusing on maximizing extractable value on Solana.thirdweb to Discontinue Solana Support on October 9thRefocusing resources to enhance web3 developmentthirdwebYan GietSad to read that they faded SOL, it is what it is. Below you can see how we can still pull our own RPC

import { ThirdwebSDK } from "@thirdweb-dev/sdk/solana";

const sdk = ThirdwebSDK.fromNetwork(
	"https://YOUR_CUSTOM_SOLANA_RPC_URL",
  {
    clientId: "YOUR_CLIENT_ID",
		secretKey: "YOUR_SECRET_KEY",
});

Built with HeliusCheck out the growing list of companies that decide to trust us with their Solana infrastructure.General Starting Place:Solana's official developers portal is a comprehensive starting point:RPCs, APIs, Education, Indexing, Webhooks, Data Streaming:Helius Labs: Offers a range of services including RPCs, APIs, educational resources, indexing services, webhooks, and data streaming.RPC Gateway: Ironforge: A gateway for RPC on Solana.NFT Development: Metaplex: The go-to framework for NFT projectsStorage Solutions: GenesysGo, IrysPayments APIs: Sphere Labs, Getcode, SolanaPay Solana Ventures: Apply // Armada Launch // ForgdSyndica - Build Better DAppsSyndica provides scalable RPC node infrastructure for the Solana blockchainsyndica blockchain infra logoFormThe Art SceneThere's a growing discussion about the ideal platform for minting and trading high-value art. Ethereum, long regarded as the premier blockchain for digital art, has been likened to prestigious institutions like Christie's in the traditional art world. This comparison stems from Ethereum's strong history in the NFT space, attracting renowned artists and collectors, and creating an elite, established community.However, this view raises some intriguing questions, particularly from those who originally sought to disrupt the traditional art model, where access and success often depend on financial means and connections. The Ethereum art scene, while thriving, seems to be edging closer to the very traditional models it aimed to challenge, creating a space where top artists thrive but emerging talents without substantial means are edged out due to high costs.In contrast, blockchains like Solana and Tezos are emerging as more accessible platforms, akin to local galleries in the art world. These platforms offer lower costs, providing a space for emerging artists to showcase their work without the financial barriers posed by Ethereum's current fee structure.This situation leads to a pivotal reflection on the purpose of Web3 and blockchain in the art world. The goal of these technologies was to dismantle antiquated models, making art more accessible and democratic. However, if the community falls into the same patterns of exclusivity and elitism, it raises questions about the true progress made.There's a growing belief that chains like Solana can indeed support high-value art. The notion that Ethereum's higher costs equate to superior quality is being challenged, as it inadvertently creates exclusivity and barriers for emerging artists. In this light, prioritizing platforms like Solana aligns more closely with the ethos of democratizing the art world. It's about valuing art irrespective of its blockchain origin, focusing on talent and creativity rather than the platform's prestige or cost.While unique buy wallets on ETH NFTs have stayed flat for the past 6 months, SOL buy wallets up 4x in the past month.Closing ThoughtsLet's move beyond the outdated 'Ethereum killer' narrative from the last cycle – it's simply not relevant anymore. In the world of Pareto efficient technologies, it's natural for platforms to have overlapping features and compete with each other, and that's perfectly healthy. It's important to understand that Solana's success doesn't necessitate Ethereum's downfall. Solana SummerThe $21B Blockchain and the Arrow of TimeNot Boring by Packy McCormickPacky McCormickA Complete Guide to Solana Development for Ethereum DevelopersLearn how to move from EVM to SVM.A Complete Guide to Solana Development for Ethereum Developers | Solana


Dark Lens Origins by Cédric Delsaux

In the latest volume of our ikigAI Labs Newsletter, we're excited to feature the groundbreaking artist Cédric Delsaux. As we near the culmination of Q1 2024's soft launch, we invite you to explore the imaginative world of this distinguished member of our Genesis Art Collective, thoughtfully selected by Florence Moll.Cédric Delsaux, born in 1974, is a Paris-based artist originally known for his advertising photography. He has since gained international recognition for his long-term series that each time invent unique approaches. His work, inspired by cinema and literature, equally summons the fantastical and the mundane, to make visible the fictional power of images and the phantasmagorical potential of reality. His "Dark Lens" series, a photographic sequence that gradually shifts from "non-places" to urban "hyper-places" inhabited by characters from the Star Wars saga, has achieved global success since 2004.Dark Lens - Origins ©Cédric DelsauxGeorge Lucas himself praised Delsaux's work, highlighting its uniqueness and the honor it brings to the Star Wars legacy. The success of "Dark Lens" culminated in a book published by Éditions EXB, featuring a preface by Lucas. The series, now known as "Welcome to The Dark Corporation" in 2017, imagines an Earth entirely populated by droids where humans seem to have no place left;Dark Lens - Origins ©Cédric DelsauxIn "Dark Lens," Delsaux offers a unique and intriguing interpretation of Star Wars, integrating its characters and vehicles into stark urban and industrial, yet unmistakably earthbound environments. His images are novel and disruptive yet completely plausible, demonstrating his ability to blend fantasy with reality. This series, showcasing a world where Star Wars mythology and our contemporary surroundings merge, provides a commentary on the increasing encroachment of fictional narratives into real-world landscapes.Dark Lens - Origins ©Cédric DelsauxAs highlighted in a New York Times Magazine article by Dana Jennings, Delsaux's "Dark Lens" series represents more than a tribute to Star Wars; it's a meditation on the fusion of fiction and reality in our modern world. The images, while surreal, resonate with a profound sense of possibility and familiarity, underscoring the blurred lines between the realms of fantasy and the tangible world. This aspect of Delsaux's work challenges traditional perceptions of reality, urging viewers to consider the pervasive influence of fictional narratives in shaping our understanding of the environment we inhabit.With   A Common Destiny edited in 2009 by Random House Editions with an introduction by Bill McKibben and a special notable support from Robert Redford, Cédric Delsaux explores the hidden face of our modernity.A Common Destiny ©Cédric DelsauxA Common Destiny ©Cédric DelsauxDelsaux has exhibited in numerous galleries, fairs, and institutions like Paris-Photo, Art-Paris, Art-Genève, the Maison Européenne de la Photographie, the BNF François Mitterand in Paris, the National Center of Photography in Greece and Slovakia, and the Museum of Elsewhere in Yverdon, Switzerland. He is progressively expanding into other disciplines, now adding text, drawing and sculptures to his photographs that have already met their fans, his bronze sculptures  being  lastly  collected by  private collectors and Foundations.©Cédric Delsaux - Unberried Vador 2023 - Collection particulièreCédric Delsaux
Cédric Delsaux lives and works in Paris, France. After studying cinematography and journalism, he worked as a bookseller and in advertising. He has devoted himself to photography full-time since 2003. He received the Kodak prize for landscapes and architecture with his Star Wars on Earth series in 2005.
Cédric DelsauxCédric Delsaux ©Nicolas GrandmaisonCuration: Florence Moll


NFA - DYOR - MEMECOINS are risky AF

Anyone with the necessary technical knowledge is easily able to create a cryptocurrency. However, turning a coin or token into a popular meme coin is complex and has only been successfully achieved a few dozen times.Meme coins are an interesting cryptocurrency asset but come with many risks. For most investors, it’s best to avoid putting in more than you can afford to lose. But there’s a tiny chance that if you pick the next big coin before online fans send it “to the moon,” you could become the next crypto millionaire. So, when it comes to risky meme coins, it’s best to proceed with caution and do your research.FFS - If you're gonna degen, make sure you don't become Exit Liquidity.

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dexscreener.com/solanaBONK COINTHE DOG COIN OF THE PEOPLESwap | JupiterJupiter: The best swap aggregator on Solana. Built for smart traders who like money.Jupiter


Collector's Journey - Let's be candid

In the dynamic world of art, where each stroke of the brush brings a new narrative to life, investing in artists isn't merely a transaction—it's an odyssey of passion, patience, and sometimes, unmet expectations. At the heart of this journey are the collectors, the unsung mentors and confidants, who bet on artists early, understanding the risks and responsibilities that lie ahead.Let's be candid: not every investment blooms into a masterpiece. Some artists, lured by the siren call of quick gains, retreat to familiar shores. Others, despite their relentless efforts, find the path to recognition elusive. And then there are those who, unrecognized yet undeterred, continue to create, driven by an unwavering love for their craft.Investing in artists is far from a straightforward gamble. It's a commitment that extends beyond financial support. As a collector, you're not just acquiring art; you're nurturing potential. But this nurturing comes with a caveat: it's their journey. Artists must navigate their own paths, make their own mistakes, and discover their own truths. Your role? To support, not to steer.The world of art collection isn't for those seeking instant gratification. It's for those willing to embark on a journey with the artist, understanding that the true reward often isn't monetary. It's about the friendships forged, the lessons learned, and the satisfaction of witnessing an artist's growth.In a space often dazzled by success stories, it's crucial to acknowledge the majority, where things don't go as planned. Your mindset as a collector can influence this narrative. By entering this space with the right attitude, you're not just investing in art; you're investing in potential, in dreams, and in the vibrant tapestry of the art community.The art world is more than just numbers and accolades. It's about being part of a larger conversation, a collective journey of growth, discovery, and, most importantly, change. As a collector, you have the power to be the change you wish to see. So, as you stand before the canvas of opportunity, choose your path wisely, for it's not just about the art you collect, but the legacy you leave behind.


The Future of Digital Artifacts

In the shadowed antechamber of the future, where the digital and the tangible waltz in an ever-blurring embrace, lies the enigmatic realm of Non-Fungible Tokens (NFTs). Once dismissed as the ephemeral dalliance of the digital elite, NFTs have burgeoned into a cultural phenomenon. As we stand on the cusp of 2030, our eyes set upon the horizon of possibilities, we are not merely observers but participants in a renaissance of ownership, artistry, and expression. The unyielding spirit of innovation and the indefatigable pursuit of beauty.Genesis of a New EpochIn the current epoch, the NFT marketplace, valued at a seemingly modest $15 billion, is a crucible of untamed potential. It has witnessed zeniths at $35 billion and nadirs around $7 billion in 2023. Yet, as we peer into the kaleidoscope of 2030, we foresee not just incremental growth but a seismic cultural shift. Envision a marketplace where the cap breaches the $1 trillion mark, where over 100 million connoisseurs and novices alike find sanctuary and voice in these digital masterpieces. This isn't mere growth; it's the dawning of a new epoch where digital artifacts are as revered as their physical ancestors.The Odyssey of CyclesThe journey to 2030 is an odyssey marked not by the passage of time but by the rhythm of cycles — each a crescendo and diminuendo in the symphony of the marketplace. These cycles are the heartbeat of the NFT world, each pulse a testament to its resilience and a prelude to its next resounding echo. As we anticipate three more epic cycles before 2030, we understand that these are not mere fluctuations but the narrative arcs of a grander saga. They are the trials through which the digital chaff is separated from the pixelated wheat.The AI Muse and Her ProgenyNFTs find themselves in an intricate pas de deux with Artificial Intelligence — a partnership that promises to redefine the very essence of creation and ownership. By 2030, NFTs, infused with the spark of AI, will transcend their static existence to become dynamic, evolving tapestries of imagination and intellect. These will not be mere assets but living chronicles, each with its own saga, whispered in the binary breath of machines yet felt in the very core of our human spirit. (PFP 2.0)Renaissance of PerceptionTo behold an NFT in 2030 will be to immerse oneself in an odyssey of sensation and sentiment. Technologies like Augmented and Virtual Reality will serve as the vessels for this journey, transforming mere perception into experience. NFTs will evolve from being objects of admiration to realms of immersion, where every pixel pulses with the lifeblood of its creator's vision. This renaissance will usher in a new era of interaction, where art is not observed but inhabited, and ownership is a gateway to uncharted worlds.The Marketplace of TomorrowVenture now into the marketplace of 2030, a grand agora brimming with the buzz of a billion conversations, each a negotiation over pieces of digital eternity. Here, NFTs don't just command attention; they command respect, their value measured not in the cold calculus of currency but in the warm appreciation of millions. We gaze upon a horizon where the market cap is not just a number but a reflection of cultural and personal investment, where each NFT is a node in the vast network of human creativity and connection.The Curator's CodexAs collectors and curators, our role in this burgeoning world is not merely to acquire but to understand, to appreciate, and to share. Our collections are more than an assemblage of works; they are galleries of thought, each piece a conversation, each artist a voice in the grand dialogue of our time. We stand as the custodians of this new frontier, each of us an architect in the digital landscape, shaping the contours of a world where every pixel holds the potential for wonder.Epilogue: The Luminous WakeAs we stand at the threshold of 2030, we find ourselves in the luminous wake of a revolution, not just in technology but in the very way we perceive art, ownership, and connection. The world of NFTs is set to unfurl before us, a tapestry woven from the threads of imagination and innovation. This journey is more than a chronicle of investment and interest; it's a pilgrimage to the very heart of what it means to be a creator, a collector, and a curator in an increasingly pixelated world. As we embark on the promising yet uncertain journey of Digital Artifacts, it's crucial to navigate with both excitement and caution. While this exploration into the world of NFTs is filled with potential, remember it's not financial advice but an invitation to understand and question. Unlike the traditional art world, where a robust ecosystem of institutions ensures the perpetual relevance of masterpieces, most NFTs lack this support network. Their survival relies heavily on the current holders, who may not have the same vested interest or resources as traditional art stakeholders in maintaining long-term value and interest. In the digital realm, where interests shift rapidly, and new creations constantly emerge, sustaining the legacy and value of NFTs is a significant challenge. Without a concerted effort from a community or dedicated institutions, even the most celebrated digital artworks risk fading into obscurity. The future of these pieces rests on the willingness and capability of their custodians to invest in their prolonged prominence. We're not just passive observers but active participants shaping what it means to own, appreciate, and preserve art.Ordinal Diamonds 2.0 - OG AF fine art project - Sub 100K - Shaped by @JRschultz23GM. Digital artifacts are unique digital entities with very specific characteristics.Ownership Possibility: For a digital item to qualify as an artifact, it must have the potential to be owned. Unlike abstract digital entities like a simple number, digital artifacts are proprietary, meaning they can be possessed and transferred by individuals.Completeness: A true digital artifact is self-contained and complete in its digital form. In contrast, an NFT that relies on external links to content stored on platforms like IPFS or Arweave does not meet this criterion of completeness and therefore falls outside the realm of digital artifacts.Permissionless Nature: A defining feature of digital artifacts is their permissionless aspect. If an NFT is encumbered by conditions, such as the necessity to pay royalties for its sale, it loses its status as a truly permissionless entity and, thus, its identity as a digital artifact.Uncensorability: Digital artifacts are resistant to censorship. Unlike entries in a centralized database that can be altered or censored, digital artifacts exist in a way that ensures their permanence and resistance to external control, thereby retaining their integrity over time.Immutability: The immutability of a digital artifact is paramount. Any NFT that includes a mechanism for alteration or upgrading does not align with the immutable nature of a true digital artifact.OCM**The concept of a digital artifact is a comprehensive framework that aims to embody the ideal characteristics of Non-Fungible Tokens (NFTs) and the intrinsic properties of inscriptions. It's a standard that NFTs aspire to and occasionally achieve, reflecting a vision of digital ownership that is both robust and nuanced. This definition emphasizes the importance of attributes like completeness, ownership, permissionless interaction, uncensorability, and immutability. By adhering to these principles, digital artifacts stand as a testament to the potential of blockchain technology in creating a new realm of digital collectibles and assets.**First 10k images of a collection inscribed on Bitcoin: Inscription 20219 (OCM)The inscription number for Genesis of 20219 matches the exact year and month that Genesis was first launched on Ethereum, 2021-9 (Sept 2021)First 10k collection to use Parent-Child ProvenanceFirst 10k collection inscribed on Block 9 satsFirst 10k collection inscribed on 450x satsFirst 10k collection inscribed on sequential satsFirst 10k generative art collection created on-chain from the sat number of the inscriptionSat number range of 450178xxxxx is one of the lowest ranges, and last five digits match the Genesis number. Only 178 other ranges like this are lower in Block 9.At the time of the 30,000 inscriptions on Block 9 for the three Genesis 10k collections, there had only been a total of around 10,000 inscriptions ever created on Block 9. Genesis made up almost 75% of all inscriptions on Block 9.First 10k collection to include on-chain metadata for each inscription using the Ordinal’s metadata standardFirst 10k collection to have multiple parents using Parent-Child Provenance: Genesis (Perspectives)First 10k cursed collectionFirst 10k generative art collection created on Bitcoin using the satoshi number of the inscription to generate the artSmallest total file size for a 10k collection of images at 1.06 MBLowest total creation fee for a 10k collection at 0.082 BTCFirst on-chain 10k PFP collection created using a single Ethereum transaction when first launched on Ethereum on September 11, 2021First 10k collection to officially migrate from Ethereum to BitcoinFirst fully “charmed” 10k collection. Each of the 10k inscriptions is charmed by the Ord protocol


The Ordinals saga unfolds

The Ordinals saga unfolds like a digital odyssey. At the heart of this tale lies the Ordinals protocol, an audacious brainchild of software engineer Casey Rodarmor. It's a story of revolution, of inscribing arbitrary data onto satoshis, the Bitcoin network's smallest units, turning them into something more than mere currency: digital canvases of infinite possibility.This process of inscription, weaving data into the fabric of a Bitcoin transaction, is akin to embedding a soul into the body of a satoshi. The data, ranging from the mundane to the sublime, from simple text to complex HTML, becomes a permanent fixture once the transaction is mined. Secure, immutable, decentralized—these inscribed satoshis carry their unique identities forever, distinct in the vast ocean of Bitcoin's digital expanse.The Future of Digital ArtifactsAs we stand at the threshold of 2030, we find ourselves in the luminous wake of a revolution, not just in technology but in the very way we perceive art, ownership, and connection. It’s a pilgrimage to the very heart of what it means to be a creator, a collector, and a curator.IKIGAI LABSIKIGAI LABS XYZBut the Ordinals saga is not just about art; it's a testament to the evolution of Bitcoin's utility and economics. Ethereum, the grand bazaar of NFTs, relies on off-chain data storage for practicality and cost-efficiency. In stark contrast, Ordinals etch every bit of their essence on-chain, directly onto Bitcoin, offering an unrivaled permanence-to-cost ratio. This is not just about storing data; it's a redefinition of what it means to own a piece of the digital world.Enter BRC-20s, the new frontier of tokenomics atop the Ordinals platform. These tokens, unlike their Ethereum counterparts, are not just smart contracts but snippets of JSON text inscribed into the Bitcoin blockchain. They symbolize a paradigm shift in the fungibility of tokens, a blend of the unique and the divisible, a dance of individuality within the collective.The narrative of Ordinals takes a dramatic turn with the emergence of Rare Sats. Here, we witness the birth of a new rarity index, the Rodarmor Rarity Index, turning ordinary satoshis into treasures of varying uniqueness and historical significance. From the mythical genesis block satoshi to the whimsical palindrome sats, each category tells a story, a memory etched into Bitcoin's vast ledger.As the Ordinals ecosystem burgeons, wallets like Xverse, Leather, and OKX emerge as the custodians of these new treasures, gateways to a world where satoshis are more than just currency. Marketplaces like Magic Eden become the agora for these digital artifacts, where collectors and creators converge.Asprey Bugatti Egg CollectionThe “Dancing Elephant” motif adorned the bonnet of the Bugatti Type 41 Royale, renowned as the most luxurious car ever created. Asprey Studio travelled to the home of Bugatti in France to accurately 3D scan the bonnet mascot of one of the few remaining Type 41 Royale cars.IKIGAI LABSIKIGAI LABS XYZYet, as with all tales of revolution, Ordinals have faced their adversaries. The "old guard" of Bitcoin purists views this evolution with suspicion, a detour from Bitcoin's destined path as a pure payment system. But amidst this ideological clash, a new vision emerges, one where Bitcoin's utility transcends its original design, offering a canvas for creativity, a new model for miner revenue in a post-subsidy world.The Ordinals narrative is not without its challenges. The surge in Bitcoin NFT minting, the rising popularity of BRC-20 tokens, and the thrill of "Sat Hunting" have brought to light concerns over network congestion and scalability. These are not mere technical hurdles; they are chapters in the ongoing story of Bitcoin's evolution.Imagine Minting Ordinal NFTsWith over 16,000 nodes securing the Bitcoin network, each Satoshi you own is a testament to this decentralized ownership. EVM as the compute layer & Bitcoin as the storage layer?IKIGAI LABSIKIGAI LABS XYZIt's a story still being written, a journey still being charted, a testament to the ever-evolving narrative of Bitcoin and the wider cryptoeconomy. Ordinals a unique value proposition based on the specific satoshi they are inscribed on, adding a new dimension of rarity especially influenced by significant Bitcoin events like halvings. The emergence of Ordinals brings potential long-term benefits to the Bitcoin network, notably through transaction fees. With Bitcoin's subsidy decreasing over time, the network's sustainability may increasingly rely on transaction fees from activities like trading Ordinals. This could enhance the economic model of Bitcoin, although concerns about network congestion and scalability persist.Satoshis, the elemental particles of Bitcoin, each one a speck of digital gold waiting to be transformed into something extraordinary. Ordinal numbers serve as the magic wand in this process, bestowing a unique identity upon each satoshi. Like the numbered strokes in a pointillist painting, these ordinal numbers are meticulously assigned based on the chronological order in which each satoshi was mined, crafting a narrative of time and creation.


Take Note. Reflexive Royalties?

The model of royalties has been both a cornerstone and a point of contention. Initially hailed as a revolutionary mechanism to empower artists and creators, royalties are now scrutinized for their impact on market liquidity and overall sustainability. This brainstorm aims to dissect the complexities of the royalty model in the NFT market and propose a novel solution to harmonize the interests of all stakeholders: creators, curators, and collectors.Defining the ProblemThe traditional royalty model in the NFT space mandates a percentage fee on secondary sales, payable to the original creator. While this model incentivizes creators, it also introduces several challenges:Liquidity Drain: Royalties can significantly reduce the liquidity of NFTs, especially in a bear market, by imposing an additional cost on each transaction.Market Inefficiencies: The royalty fee, regardless of profit or loss on the sale, can deter collectors and investors, leading to decreased market activity.Enforcement Challenges: The decentralized nature of blockchain makes the enforcement of royalty payments technically challenging and sometimes unfeasible.Impact on StakeholdersArtists and Founders: Benefit from ongoing revenue streams but may face reduced interest in their work due to higher transaction costs.Collectors and Traders: Encounter diminished returns and reduced incentives to trade, impacting the overall market health.A Novel Solution: Profit-Based Royalty ModelTo address these challenges, we propose a profit-based royalty model. This model would calculate royalties not on the total sale price but on the profit realized from the sale. Key features include:Profit Calculation: Royalties are levied only when the sale price exceeds the purchase price, ensuring that collectors are not penalized during a loss.Dynamic Royalty Rates: Implementing a sliding scale where the royalty percentage increases with higher profits, incentivizing creators while being fair to sellers.Smart Contract Implementation: Utilizing smart contracts to automatically calculate and distribute royalties based on profit margins.Feasibility and ImpactThis model aligns with the principles of fairness and efficiency. By focusing on profits, it ensures that creators are rewarded for value appreciation while protecting collectors from undue burdens in a declining market. The implementation would require robust smart contract algorithms and widespread adoption across NFT platforms.To delve deeper into a more detailed Solidity implementation of a profit-based royalty system for NFTs, we need to consider several additional aspects, such as varying royalty percentages based on profit margins, ensuring security, and integrating with NFT standards like ERC-721 or ERC-1155.Let's enhance our previous example with these considerations:Dynamic Royalty Percentage: Implement a function to determine the royalty percentage based on the profit margin.ERC-721/ERC-1155 Compliance: Ensure the contract is compliant with NFT standards for broader compatibility.Security Checks: Add checks to prevent common vulnerabilities like reentrancy attacks.Events: Emit events for better transparency and tracking.Let's explore some novel, out-of-the-box ideas to address the challenges associated with NFT royalties. These ideas aim to balance the interests of creators, collectors, and the overall health of the NFT ecosystem.Time-Decaying Royalties:Concept: Royalties could decrease over time. For instance, an NFT might have a higher royalty rate in the first year after its creation, which gradually decreases each year.Impact: This incentivizes early collectors to invest while reducing the burden on long-term holders, potentially increasing the NFT's liquidity over time.Royalty Pooling:Concept: Create a communal royalty pool where a portion of all royalty fees is collected. Holders of certain NFTs could receive dividends from this pool, similar to shareholders in a company.Impact: This creates a passive income stream for NFT holders, adding another layer of value to holding NFTs, beyond just the asset's appreciation.Hybrid Royalty and Stakeholder Model:Concept: Implement a system where NFT holders become stakeholders in the creator's future projects. Royalties from sales could be partially used to fund the creator’s future work, with stakeholders receiving exclusive benefits or decision-making power.Impact: This fosters a community-driven approach, where collectors have a vested interest in the creator's success.Variable Royalty Based on Utility:Concept: Adjust royalty rates based on the utility of the NFT. For instance, NFTs granting access to services or exclusive content could carry higher royalties than purely artistic NFTs.Impact: Ties royalty rates to the perceived value and utility of the NFT, potentially making royalties more palatable to buyers.Royalty Caps:Concept: Introduce a maximum cap on total royalties payable per NFT. Once the cap is reached, no further royalties are charged on subsequent sales.Impact: This ensures that creators receive fair compensation, but also limits the long-term royalty burden on collectors.Profit-Sharing Smart Contracts:Concept: Develop smart contracts where NFT creators and current holders share profits from subsequent sales. For example, a portion of the resale profit could be distributed among all previous owners.Impact: Creates a continuous connection between creators, past, and current owners, fostering a sense of ongoing community and investment in the NFT's legacy.Royalty Auctions:Concept: Allow the NFT community to bid for reduced royalty rates for a limited time or number of sales.Impact: This could generate immediate liquidity for creators while providing temporary relief for collectors from high royalty rates.Each of these ideas presents a unique way to rethink the traditional royalty model in the NFT space, aiming to enhance sustainability, fairness, and community engagement.Detailed Breakdown of Royalty PoolingLet's dive into the concept of Royalty Pooling which stands out as a particularly novel solution. This idea not only addresses the royalty issue in NFTs but also adds an innovative layer of community engagement and passive income potential.Concept Overview:Royalty Pool: A portion of royalties from all NFT sales in a specific collection or platform is pooled into a communal fund.Dividend Distribution: Holders of certain NFTs receive periodic dividends from this pool, akin to shareholders in a company.Implementation:Smart Contract Design:A smart contract is developed to manage the royalty pool. It collects a predefined percentage of every NFT sale and adds it to the pool.The contract tracks NFT ownership and distributes dividends at regular intervals (e.g., monthly, quarterly).Dividend Eligibility and Calculation:Eligibility for dividends could be based on factors like the type of NFT held, the duration of ownership, or participation in community activities.Dividends could be calculated based on the proportion of NFTs held, or using a more complex formula that takes into account various factors like loyalty, additional contributions to the community, etc.Tokenization:Optionally, the rights to receive dividends could be tokenized, allowing NFT holders to sell or trade their dividend rights independently of the NFT itself.Advantages:Passive Income: Creates an additional revenue stream for NFT holders, making NFT ownership more attractive.Community Engagement: Encourages a sense of community among holders, as everyone benefits from the collective success of the NFT collection.Market Liquidity: Potentially increases the liquidity of NFTs, as the prospect of dividends adds another dimension of value.Challenges and Considerations:Legal Compliance: Depending on the jurisdiction, the distribution of dividends might have legal implications, similar to securities laws.Smart Contract Complexity: The contract needs to be robust and secure, capable of handling complex calculations and distributions without vulnerabilities.Marketplace Integration: For maximum effectiveness, this system needs to be integrated with NFT marketplaces.Potential Variations:Tiered Dividends: Different NFTs could entitle holders to different dividend rates, adding a layer of rarity or exclusivity.Community Decision-Making: NFT holders could have a say in how the royalty pool is managed or used, such as reinvesting in community projects or supporting emerging artists.Royalty pooling offers a multifaceted approach to address the challenges of the traditional royalty model in NFTs. By fostering community involvement and providing additional incentives for NFT ownership, this model could enhance the sustainability and appeal of the NFT ecosystem.Hybrid Royalty and Stakeholder ModelStakeholder Involvement: NFT holders become stakeholders in the creator's future projects, not just passive collectors.Royalty Distribution: A portion of the royalties from sales is used to fund the creator’s future work, with NFT stakeholders receiving exclusive benefits.Implementation:Smart Contract Design:A smart contract is developed that allocates a certain percentage of royalties to fund the creator’s future projects.The contract also records the details of NFT stakeholders, their holdings, and their entitled benefits.Stakeholder Benefits:Benefits could include early access to new creations, voting rights on project decisions, or a share in the profits of future works.Exclusive community events or digital experiences could be offered to further engage stakeholders.Future Project Funding:Royalties from current sales help finance the creator’s next project, ensuring a continuous creative cycle.Stakeholders may have the first option to invest in or purchase new creations.Advantages:Community Building: Strengthens the bond between creators and their audience, fostering a loyal community.Sustainable Funding Model: Provides a more consistent funding stream for creators, reducing reliance on initial sales.Incentivizes Long-term Holding: The prospect of future benefits encourages collectors to hold onto their NFTs longer.Challenges and Considerations:Governance Complexity: The model requires a fair and transparent system for decision-making and benefit distribution.Legal and Regulatory Aspects: Similar to royalty pooling, this model may have implications in terms of securities and intellectual property laws.Potential Variations:Dynamic Stakeholder Benefits: The benefits could evolve based on the duration of NFT holding or the number of NFTs held.Creator-Collector Collaborations: Stakeholders could be involved in co-creating or providing feedback for future projects, further blurring the line between creator and collector.The Hybrid Royalty and Stakeholder Model presents a dynamic way of reimagining the NFT ecosystem. It transforms NFT holders from mere collectors to active participants in the creative journey, potentially reshaping the creator-collector relationship in the digital art world. As we stand at the crossroads of the digital art revolution, the traditional models of creator compensation and collector engagement in the NFT space beckon innovation.In the Royalty Pooling model, we envision a communal spirit, where the success of one becomes the triumph of all. Here, royalties are not just fees; they are the seeds sown back into the fertile soil of the community, growing into a forest of opportunities for every stakeholder. This model redefines passive ownership into active participation, where each NFT holder becomes a part of a larger narrative, a shared journey towards collective prosperity.The Hybrid Royalty and Stakeholder Model takes us a step further, breaking down the traditional barriers of creator and consumer. It paints a picture of a world where NFT holders are not just investors but co-creators, stakeholders in the very essence of artistic creation. Here, the royalties serve as a bridge, connecting the initial spark of creativity with the enduring flame of community engagement. This model is a testament to the power of collaboration, where every NFT is a window into a realm of endless possibilities, a promise of a future where art and audience evolve together.As we venture forth into this uncharted territory, let us carry with us the conviction that the true value of art lies not just in its aesthetic or its rarity, but in its ability to bring us together, to weave a tapestry of shared experiences and collective dreams. The future of NFT royalties is not just a question of economics; it's a canvas for community, a dance of duality between innovation and inspiration, a harmonious symphony of artists and admirers creating a world that is as boundless as our imagination.


Solving SVM's Economic Puzzle

Managing the economics of transaction processing is as crucial as the technology itself. The Solana Virtual Machine (SVM) offers a fascinating case study. Initially, SVM's economic model was straightforward but had its drawbacks. Let's explore the challenges and solutions SVM faced in its journey to create a balanced and efficient blockchain.State of the Solana Ecosystem: January 2024Dig into the research on the Solana ecosystem.State of the Solana Ecosystem: January 2024 | SolanaThe Initial ChallengeSVM's first approach was based on a simple premise: as the blockchain's capacity was used up, transaction fees would increase. This was like assuming a highway would only have a few cars and traffic would smoothly double its speed as lanes filled up. However, two significant issues arose:Complex Transactions: Like a highway seeing an unexpected influx of trucks, transactions on SVM quickly became complex, demanding more resources.Indiscriminate Fee Increases: When traffic increased on the blockchain, fees went up for everyone, not just those causing the congestion. This was akin to making every driver pay more, regardless of their contribution to the traffic.The Bottleneck DilemmaThe real bottleneck in SVM was akin to a traffic jam caused by a few overused routes. Increasing fees across the board would be like making all roads expensive, deterring people from using them altogether, which isn't practical. The challenge was to manage these hotspots without compromising the blockchain's functionality for other uses.Innovative Solutions: Execution Priority FeesSVM's response to this challenge was innovative. They introduced a system where transactions were measured in compute units (CUs), setting a cap per block. This ensured that no single transaction could hog the network, much like limiting the number of trucks on a highway segment.The key was allowing transactions to offer additional fees for priority processing. This created isolated fee markets, ensuring that essential transactions weren't crowded out by less important ones.Dealing with DeFI Spam and Economic Back PressureSVM also had to contend with DeFI (Decentralized Finance) spam, where countless transactions attempted to exploit small profit opportunities. This was like having thousands of cars entering the highway just to move a few meters forward. SVM's solution was to introduce a dynamic fee system, where the cost of transactions would increase based on their frequency and impact on the network, effectively discouraging spammy behavior.The Proposal: Write Account EMA Exponential FeesA proposed solution was to use an Exponential Moving Average (EMA) of CUs used per block. If an account repeatedly hit high usage, its fees would increase gradually. This is akin to a road toll that increases for frequent users during peak hours, encouraging them to use the road less or at different times.Base Fees and Future DirectionsThe base fee, or the minimum cost to transact on the SVM, was another area of focus. The goal was to find a sweet spot where the fee was high enough to prevent spam but low enough to encourage genuine use. Imagine a park entry fee that's just right - not too high to deter visitors, but enough to keep the park clean and maintained.A Rising Force in the Space #saga“Imagine were to drop an NFT. 20k supply at around an 8 SOL mint price. the utility is a mobile phone and upcoming airdrops with fellow ecosystem partners. would you mint?” SAGA - Solana Mobile Phone for Web3IKIGAI LABSIKIGAI LABS XYZ