We break down the state of the Meme economy and make comparisons to what we saw in the 2021 bull cycle. Memes on Solana have strong parallels to the NFT market on Ethereum from last cycle, especially when you compare revenue figures of the top marketplaces like pump.fun to Opensea. We give our thoughts on where we are on the timeline of meme mania and speak about the impacts memes are having on the broader crypto market. This includes methods of launching new projects by leveraging memes as a more user friendly go to market vehicle to onboard community and then adding complexity layers down the road to not off-put sentiment.
Also, when it comes to marketing narratives memes seem to be dominating the mind share so we discuss how we are approaching $NAT from a marketing perspective. Now that $NAT is weeks away from officially becoming Bitcoin’s second subsidy reward coin, how we classify this new coin is important for public perception. Some do not see $NAT as a candidate to fit within the existing market demographic of memes and rather see a new narrative formed around the coin that distinguishes it from the meme asset class due to its technical provenance to DMT and the broader mission of supplying Bitcoin miners with additional subsidy to sustain network security. We discuss our thoughts on this and also the liquidity dilemma when it comes to supporting Bitcoin assets. All sectors of the Bitcoin ecosystem are facing this problem and are actively working toward building solutions that can either bring more liquidity to Bitcoin from other chains or port Bitcoin native assets to other chains like Solana to benefit from those capital markets.
In this episode of TBR 1 hr Podcasts, hosts Iman and Will are joined by guest Gansy as they delve into the world of rare sats. The speaker, with a background in banking and coin collection, shares their fascination with the introduction of Ordinals and how it has made bitcoin collectible on a new level. They discuss their experience in art collections and the importance of pattern recognition in the world of rare sats. They also explore the concept of non-arbitrary asset types and the potential for creating new tokens on Bitcoin's blockchain. The discussion touches on the challenges and opportunities in the NFT space and the future of rare sats as a game mechanic.
In this episode of the TBR 1 hr Podcast, hosts Iman and Will are joined by guest Jeffrey to delve into a fascinating discussion about the metaverse, Bitcoin ordinals, and the future direction of these topics. They explore the similarities between building experiences in 3D and virtual realms, the challenges of creating something with stickiness, and the best ways for the community to collaborate in the metaverse. The conversation also touches on the concept of open source and interoperability in blockchain technology, the potential of Bitmaps in the future, and the importance of continuous improvement in development cycles. Listeners will gain insights into the Recursiverse company, its focus on building games, metaverse, game engines, tools, and marketplaces. Discover the benefits of open and closed metaverse ecosystems, modular development in game creation, and the importance of supporting creators with a royalty system.
Hosts Iman and Will are joined by special guests Randy and Josh from Ordinals Wallet. They dive into the era of building for Bitcoin. The conversation explores the challenges posed by Ethereum fees and the need for alternative platforms. The speakers also address the future of Bitcoin, the importance of addressing its underlying system inefficiencies, and the potential of Ordinals to revolutionize the market. They share insights on their journey as entrepreneurs and highlight the value of customer-centric innovation. Also, the founders of Ordinals Wallet breakdown the timeline of events that ensued after the release of Runes proposal and how they intend to further development within the fungible token environment of Bitcoin.
In this episode of TBR 1 hr Podcasts, we dive into the world of decentralized architecture in game development with a special focus on the Metaverse game called Life Beyond. Our guest, a seasoned game developer with 15 years of experience, shares insights on how developers need to treat users differently in a decentralized architecture and how a player-driven economy can thrive in this environment. We explore the potential for additional experiences, mods, and services in decentralized gaming and discuss the importance of asset ownership for players. Our guest also shares their journey in the gaming industry and their vision for creating ecosystems powered by a token. Along with the many challenges of building a web3 game in the nascent Bitcoin ecosystem and what infrastructure is being built to support the metaverse on bitcoin ecosystem. Finally, what is Ben’s opinion on Bitmap and how can game developers bring their tools to that ecosystem.
In Podcast 177 of TBR 1 hr Podcasts, hosts Iman and Will engage in a fascinating discussion with guest Xinyi about the growing trend of inscribing artwork on top of rare SATS, a term related to Bitcoin. They explore the concept of recognizing patterns and applying art on top of these unique Bitcoin units, creating a sense of authenticity and value. The speaker discusses the increasing popularity of inscribing among artists, particularly in the NFT space, and the potential for expansion beyond rare SATS. They delve into the concept of digital Matter theory and the emergence of a highly secure and immutable data storage layer. The conversation also touches upon a the platform tools Sating.io provides for the discovery of rare sat ownership and the processes behind how to utilize them when generating new inscriptions.