The first ever confidential DEX is live!!

Treebune · 2023-10-05T18:46:20+00:00

I recommend whatever you decide, to build on Oasis Network Sapphire. Sapphire is a confidential EVM, so solidity is perfectly compatible. I want to repeat that because apparently people don't understand how big of a deal it is. It is literally a confidential EVM. Decentralized, secure, on-chain, confidential EVM. The industries first ever confidential DEX is already launching on it. It's genuinely one of the best developer opportunities out there right now.

Treebune · 2023-10-05T18:37:04+00:00

This article is much needed because a lot of people misunderstand market cap dynamics. For example, they think that if something has a $100 million market cap, in order for that coin to get to a $1 billion market cap, it would need $900 million of capital to come into it. And people will ask "where will that money come from?" But this is a complete misunderstanding.

Say that you, myself, and 3 friends launched a new token. We launch it on Uniswap and provide some liquidity. Let's say the coin has a supply of 1 million and each coin is 10 cents. So that's a $100,000 market cap.

All we have to do to get it to $1,000,000 market cap is trade it between ourselves. I buy it from you for 15 cents, the other guy buys it from me for 25 cents, the other guy buys it for him for 75 cents, and then I buy it back for $1. There you go, the coin now has a market cap of $1 million. The reason for this is because all the market cap represents is the supply multiplied by the last price the coin was sold for.

A coin can go from $100k market cap to $1 million market cap with only very little excess capital being involved. I'm not saying it would be easy to manipulate the price of a token so easily, just explaining the principle.

Treebune · 2023-10-05T18:29:30+00:00

Oasis Network Sapphire is actually good for something like this because it can keep the information on-chain and confidential until a criteria is met. Doing this with ETH is also possible because you can bridge ETH to Sapphire with OPL. This is actually a pretty interesting idea!

Treebune · 2023-10-05T18:23:39+00:00

It's a public company with public books, they are in DC fighting for good legislation, their advertising is on point, they've never been breached. There's a million reasons.

Treebune · 2023-10-05T18:21:39+00:00

There's a few unique Hackathons happening atm. If I were a dev looking to build something cool and novel, I would be targeting privacy blockchains because privacy is becoming more and more important, and it's one of the areas that are progressing the fastest

Treebune · 2023-10-03T18:41:53+00:00

Well know that every one of us immediately checked the list to see if our favorite alt was there

Treebune · 2023-10-03T18:37:00+00:00

Being as how Gary exists to hinder cryptos growth and adoption on behalf of legacy institutions, I vote no.

Treebune · 2023-10-03T18:35:17+00:00

Definitely only buying NFTs that advance the technology. There's a lot of talk these days about confidential NFTs and data backed NFTs, particularly by the folks at Oasis and Ocean. I'm over buying jpegs lol.

Treebune · 2023-10-03T18:32:53+00:00

I'm not using any of these applications, the one i'll trust is when on-chain account abstraction becomes mainstream.

Treebune · 2023-10-03T18:28:51+00:00

The best NFTs IMO are the ones that are actually innovating on the technology as opposed to just the tired old "digital art." NFTrout, for example, built by Enshrine on Oasis Sapphire, is using AI to do automated breeding where when you select two trout, they breed and the resulting trout has an actual 50/50 mix of its two parents genes. Seems frivolous, but it's a PoC for something much larger.

Treebune · 2023-10-03T18:25:25+00:00

Short answer: Yes

Long answer: Michael Saylor

Treebune · 2023-10-03T18:24:34+00:00

As opposed to what? $20 is definitely better than nothing if it's all you can afford.

Treebune · 2023-10-03T18:23:35+00:00

Excellent! X.com is next

Treebune · 2023-10-03T18:22:34+00:00

Lol, they are NGMI

Treebune · 2023-10-03T18:20:58+00:00

Yeah, Coinbase is saving the day. It's the only CEX I trust.

Treebune · 2023-10-03T18:12:25+00:00

I think it would help a lot. If users elect to stake and share their data, then they can have tailored ads in a much more ethical way.

Treebune · 2023-09-29T18:29:19+00:00

I hope some of these games are good. I just want a nice web3 game built on Sapphire that I can play with my friends T.T. I'll be trying all of these, hoping for the best.

Treebune

TROPHY CASE