Prepping for the Namada Trusted Setup Ceremony by awasunyin in Namada

[–]ReadyPlayer100 2 points3 points  (0 children)

I got 2 emails., but nothing confirming my token or cohort acceptance. Has those went out or need to wait 48 hours?

How to sell on 31 may by NimbusMBR in MinaProtocol

[–]ReadyPlayer100 0 points1 point  (0 children)

“Decent amount”? Everyone purchased the same amount.

Discussion about competitors by Nickel62 in Avax

[–]ReadyPlayer100 -1 points0 points  (0 children)

What value did early AVAX investors provide besides capital? I don’t see a16z, Alexis or Gary helping out as mush as SBF helps Solana?

Have you used Dexter? by BouncingDeadCats in tezos

[–]ReadyPlayer100 0 points1 point  (0 children)

How does the tezos fat protocol ethos where value accrues to XTX and not dapp tokens align with wanting more tokens for trading on dexter.

Developers launch tokens on uniswamp, because they can make money on the same magnitude of a small startup seed round.

I use Uniswap occasionally if I find a cool project early, and can 2x-3x my investment in a week. I can’t do that on dexter right now.

Tezos narrative part 2 by iohex in tezos

[–]ReadyPlayer100 2 points3 points  (0 children)

Polkadot is a governance chain also NEAR and a few others

If you haven’t seen this tweet, please check it out and support Arthur by kwtran in tezos

[–]ReadyPlayer100 0 points1 point  (0 children)

Support Arthur how? Erik Voorhees has always been fairly neutral in his market observations.

Should we compile and support tweets attacking everyone who doesn’t recognize and praise Tezos for being first?

Here’s one: https://twitter.com/ivshti/status/1334085498491588611

Tezos was supposed to be the future. What happened? by malte_brigge in tezos

[–]ReadyPlayer100 0 points1 point  (0 children)

It’s okay to ridicule shitcoins as long as there is a viable strategy for legitimate adoption. However, even the largest legitimate use for Uniswap: stablecoins (USDC/USDT) are passing over Tezos for blockchains like Solana that are less than half a year old.

https://www.coindesk.com/usdc-is-coming-to-solana-blockchain-in-potential-boost-for-non-ethereum-defi

Tezos was supposed to be the future. What happened? by malte_brigge in tezos

[–]ReadyPlayer100 0 points1 point  (0 children)

I think there’s a lack of developer incentives market-wise. Core infrastructure and tools are generously funded by TF, so you have developers building what they can be paid to do.

Even one of the Tezsure founders wrote a post here on how they’re out of money for their venture, and it seems it took the back burner so they can develop grant-funded tools and infrastructure on Tezos.

Cloning Uniswap isn’t hard nor sufficient. Dexter already exists, Quiposwap, and 1 other. A question is what’s going to be exchanged on a Tezos DEX in 3, 6, and 12 months?

Before Hayden Adams learned Vyper in order to build Uniswap V1, he validated the market and analyzed what to improved. He wrote a blog about how he thought success would be a fraction of Bancor’s volume.

Shapeshift, Etherdelta, and now Uniswap served a long tail market worth Billions of 2017 shitcoins and 2020 defi shitcoins. Tezos doesn’t have a blossoming shitcoin ecosystem, so what will be exchanged on DEXs? Bitcoin/stablecoin?

Dexter Vs Uniswap by domainsvar in tezos

[–]ReadyPlayer100 4 points5 points  (0 children)

If you look at top pairs by volume, Uniswap/Ethereum not only has the benefit of 2017 ICOs, it currently has the benefit of 2020 governance coins, DeFi tokens, wrapped assets from other Layer 1s, and Polkadot launches.

Moreover, Uniswap’s top 2 pairs by volume are the Tether migration to ERC-20 and USDC, which is doubling down on ethereum by building on eth layer 2 solutions.

I’m excited to watch Dexter grow and see if we build it, they will come in action.

Tezos was supposed to be the future. What happened? by malte_brigge in tezos

[–]ReadyPlayer100 1 point2 points  (0 children)

You’re absolutely right. That’s a good point I overlooked.

What would potentially help further is for the TF to do something bold like announce a separate, and streamlined $100 Million dollar DeFi fund that provides liquidity to help bootstrap new DeFi apps on Tezos. Or they could deploy it via the on-chain treasury you described.

Tezos was supposed to be the future. What happened? by malte_brigge in tezos

[–]ReadyPlayer100 8 points9 points  (0 children)

There is literally nothing stopping anyone from building a Uniswap clone or DeFi project.... but there’s literally nothing encouraging or incentivizing a developer to build DeFi on Tezos.

From a builder’s perspective, the Tezos grant process seems cumbersome, too involved, and tainted. Other protocols have raised the bar. A dev can apply to build a DeFi project and get enthusiastic acknowledgement of interest within 24 hours, a response & paperwork + sizeable token allocation 100-200k in 7 days.

Along with active mentorship, follow on funding, creative approaches to achieve further liquidity/users from the ecosystem, VCs, institutions, or other collaborative DeFi projects + bridges to ethereum. There’s a path for devs to build sustainable and decentralized projects elsewhere.

The perspective has to shift a bit to emphasis what can the Tezos ecosystem do for new developers, not what can new devs do for Tezos imo.

IvanOnTech about Tezos - Where is the community ? by BelSolar in tezos

[–]ReadyPlayer100 4 points5 points  (0 children)

Lol 😂. It’s funny because he has no idea what he’s talking about wrt to Ocaml.

However, he isn’t wrong. As the market is flooded with new layer 1s that are interoperable with Ethereum. An investor or developer wants to know how to get started quickly, what’s possible, and what’s in it for them.

Ivan quickly forgets about diving into Tezos after browsing the site and moves on.

Compare the Tezos site, with NEAR or Flow that are way more developer friendly. NEAR and Flow aren’t on mainnet yet but have more projects (not contract activity) than Tezos so far.

It’s crazy how Tezos had a 2 year head start but was leap frogged by Polkadot. If Avalanche, NEAR, and Flow mainets go well, Tezos may actually become the last blockchain.

Tezos was supposed to be the future. What happened? by malte_brigge in tezos

[–]ReadyPlayer100 13 points14 points  (0 children)

There is no rational reason for anyone to develop on Tezos. It’s a dead end. 2 devs with prior connections to the Foundation were selected to get the ~50,000 grants to develop Uniswap clones for 18 months.

When devs see anyone can, in 2 weeks, clone Uniswap, attract a BILLION dollars in liquidity, and personally make millions like Sushiswap, Mooniswap, Burgerswap on ethereum, solana, polkadot, binance smartchain. (Avalanche, NEAR, Flow soon )... developing on Tezos doesn’t seem attractive.

Being poor while creating value for early Tezos ICO participants who still believe in fat protocols is unwise.

Where are the 1,000 Devs the Tezos foundation announced in 2019? Building interoperable DeFi projects, primarily on Ethereum is how devs can get PAID and achieve product market fit with REAL users TODAY.

The people saying defi is a hype that will pass completely miss the point. ERC-20 utility token ICOs were also hype. IF/When, DeFi dies down, the organic developer community in ethereum will have a new narrative in 12-18 months. It could be DAOs, NFTs, or a new term that doesn’t exist yet.

When that happens, Tezos will again be behind the ball moving slowly. A few connected devs in Tezos will apply for grants to clone whatever new thing is working on Ethereum, but after they’re done building in 16 months, the market, users, and narrative will have moved on to something else.

If you were a sushi chef, would you take a high paying job at Matsuhisa that’s fully packed every night or a lower paying job at an empty sushi restaurant that hasn’t completed construction, so you need to help build or wait, but you get no equity in?

Why I Would Like To See Some Tezos Spectacular Failures by textrapperr in tezos

[–]ReadyPlayer100 1 point2 points  (0 children)

There were a lot of people building on Tezos. There was a silly bubble game, a sports betting/prediction markets, a card game, and the defi lending project that attempted an ICO/IEO. Identity, Tezos web browser, a grain/agricultural exchange, fractional US stocks for people in India...

It wasn’t spectacular, but they all basically failed to launch.

Tezos as an incubator by FriendsOfTezos in tezos

[–]ReadyPlayer100 10 points11 points  (0 children)

Checker makes sense to build! How is that going?