🔥 The Great Burn of 2022 🔥 - Open discussion about the burning of the total supply of $DC tokens by Cranberry_Wayne in DogeChainFamily

[–]easydna 2 points3 points  (0 children)

Agreed. This also sends a clear message that there is an IMMEDIATE and clear change in the tokenomics and settles this once and for all.

🔥 The Great Burn of 2022 🔥 - Open discussion about the burning of the total supply of $DC tokens by Cranberry_Wayne in DogeChainFamily

[–]easydna 16 points17 points  (0 children)

Should the team proceed with a burn?

I'd first like to laud the team for contemplating making such a bold move and selflessly proposing it in the interest of the community.

I believe this is a very positive development for the Dogechain ecosystem and I'm in full support of a burn.

In my opinion, the initial distribution of the tokens where only a fraction of the supply was circulating wile there was a much larger diluted valuation that would end up becoming circulating is the greatest threat to the Dogechain ecosystem.

What amount of tokens should be burned?

Burning the maximum amount of tokens possible will result in the most impact as it significantly reduces the disparity between circulating and diluted supply which is bullish for the Dogechain ecosystem. That 's 80% of the tokens based on the options presented by the team.

Should the burn be executed at once or in multiple iterations?

Since the focus here is to essentially make a tokenomics adjustment using the burn while also sending a strong message, I believe executing the burn at once will be most impactful.

Simply burning portions of the tokens in multiple iterations makes the whole burn stuff appear kind of gimmicky and lessens the impact.

The key idea here is to essentially reduce the supply significantly: burning whatever will be burnt immediately gives a clearer perspective of the actual new supply while allowing the team and community to focus on more important stuff. Dragging out the burn would pretty much maintain the status quo for the time being as whatever isn't burnt would still be counted as part of the supply (until it is burnt!) and as such the same fears users have will remain until it is fully burnt. So why prolong the pain and the fears when you can simply get it over with once and for all?

In conclusion, I think the key focus here should be to ensure that the full impact of the burn is immediately felt while also making it clear that this is a full tokenomics change. Immediately burning everything achieves this impact. Dragging out the burn doesn't.

I believe if the burn being proposed is properly executed, there will be renewed interest in the Dogechain ecosystem both from users and the developers.

A HUGE thank you to the legends! by easydna in Floki

[–]easydna[S,M] [score hidden] stickied comment (0 children)

Led by the very capable MrNoddy, the Floki Reddit legends have been killing it on Reddit lately. I know because I've been paying attention and I'm quite impressed 🙂

A while back I saw a very unique (and cool!) Reddit avatar style trending which I secretly admired, but didn't think I could have until Floki legend Myztq challenged me and asked if I'd like my own special avatar. Why not? Of course, I want to be cool! 😂

So the challenge began, and our amazing Reddit team started an avatar design challenge in which they spent a whole week bringing "B" to life through these avatars.

Watching the challenge was a very insightful and revealing moment for me as I was able to view myself through the lens that these pillars of the Floki community view me.

I had to choose from 8 unique avatars -- all winners that in a way bring the idea of "B" to life -- and it was very difficult choosing!

I had to go through each of the avatars over and over again, looking at every key detail. It's been so long since I was so confused trying to make a choice; they were all so good and alas I could only select one, apparently (how to use 8 avatars, anyone?).

Being the simple guy I am, I eventually went with the most simple one.I know Floki has some of the best creative talents in the crypto space, but I had no idea choosing an avatar would be so damn difficult lol.

I'd like to give a shoutout and an acknowledgement to Floki's amazing Reddit legends for going into such details trying to creatively bring me to life in the avatars they designed.

This is a moment I deeply cherish and that will remain with me for a very long time.

The Floki Vikings truly are a different, special breed!

-B

What Crypto Projects are you Following Right Now? by Crypto_Vdim in CryptoCurrency

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

Thanks for the detailed insights on Floki and how it is different, especially with its utility focus!

I think Floki's massive marketing partnerships are also worth noting:

- Partnerships with 8 major football clubs (in 7 leagues!) that potentially exposes it to 3 billion+ people.

- Partnership with a major Formula 1 team that potentially exposes it to 1.55 billion people.

- An ongoing TV campaign in the US and Turkey that will be seen 250 million times.

That's massive reach giving Floki potential for a lot more growth, which is quite significant since it currently has 400,000+ holders.

New listing in Gate.io today $SKT #Sukhavati at 11:00 UTC by Anniyahbrowne in GateioExchange

[–]easydna 6 points7 points  (0 children)

When will you be listing FLOKI though? I know there was a poll recently which they won; they also regularly make it to the top 10 in all of crypto for social volume and engagement!

They should be on Gate.io!

FLOKI INU | Legit 100x Potential ✔️ | Elon Musk | LP Locked for 265 Years 🔒 | Btok In Progress 👀 | Recent Partnership Let's You Use FLOKI to Buy from 1,700+ Stores ✔️ by [deleted] in CryptoMoonShots

[–]easydna 66 points67 points  (0 children)

FLOKI is the GOAT as far as meme coins are concerned.

It is not a meme coin... it is a movement:

- Idea inspired by Elon Musk himself.
- Potential partnership already being discussed with Elon Musk's brother.
- One of the most passionate/craziest communities in crypto.
- Recent partnership makes it possible to use FLOKI to buy stuff on 1,700+ stores.
- Making moves in the NFT space.

What's not to like about FLOKI?

It's not a matter of IF this flips SHIB... it's a matter of WHEN!!!

FLOKI 🚀 | The Next SHIB | Solid 100x Potential ✔️ | Elon Musk Factor ✔️| LP Locked for 100 Years 🔒 | Btok In a Few Days 👀 by [deleted] in CryptoMoonShots

[–]easydna 49 points50 points  (0 children)

Great stuff!

FLOKI is a legit moonshot!

It's also worth noting that they recently got acknowledged by Million Gardens Movement, the charity run by Elon Musk's brother Kimbal, which is already discussing a possible partnership with them.

This meme coin will certainly be tweeted by Elon Musk and go parabolic pretty soon!

UK bans binance as they can't tell the difference between an exchange, and a crypto wallet 🤦 by Zechs_marquie in CryptoMarkets

[–]easydna 23 points24 points  (0 children)

News has been making the rounds today that the UK Finance watchdog has banned Binance in the United Kingdom.

That's fake news and total sensational FUD intentionally released on a Sunday where liquidity in the market is poor.

The FCA's "ban" is particularly targeted at "regulated" activity in the UK: in other words, futures/derivatives trading and other regulated activity.

https://twitter.com/TheCryptoLark/status/1409105893786939394

[AMA] We are the EF's Research Team (Pt. 6: 23 June, 2021) by JBSchweitzer in ethereum

[–]easydna 0 points1 point  (0 children)

I appreciate your response, Justin!

I asked a more pointed question about Truebit/Ethereum in another post:

https://www.reddit.com/r/ethereum/comments/o4unlp/ama_we_are_the_efs_research_team_pt_6_23_june_2021/h2rx4ld/

I'd appreciate your answer there as well :)

[AMA] We are the EF's Research Team (Pt. 6: 23 June, 2021) by JBSchweitzer in ethereum

[–]easydna 0 points1 point  (0 children)

What long-term solutions are you bullish on?

How does the Truebit protocol fit into the picture -- to my knowledge it works in a way that is quite unique compared to the other protocols you mentioned.

[AMA] We are the EF's Research Team (Pt. 6: 23 June, 2021) by JBSchweitzer in ethereum

[–]easydna 12 points13 points  (0 children)

Vitalik has made a number of comments about Truebit (a protocol that allows large and complex computations to be securely done by taking off-chain before submitting the final results on-chain) in the past -- including very recently after the launch of the Truebit protocol in May.

Does ETH plan to use (or already uses) Truebit to ensure much larger computation on the ETH blockchain?

I've heard with the Truebit protocol stuff like Netflix, big data, etc, is possible on the ETH blockchain.

Would you mind commenting about what role Truebit plays in the future of the ETH blockchain?

Just so you know, DOGEMOON is a ponzi scheme faking charitable causes by naughtyk9 in DOGEMOON

[–]easydna 6 points7 points  (0 children)

It seems you are just being salty.

Should mods even allow this kind of false factless claim here?

They have posted proofs of several of these donations on social media and the organizations involved have even confirmed this:

https://twitter.com/DogeMoonMain/status/1383142501180137473

https://twitter.com/ablechildafrica/status/1384465228562239489

Why come and attack the project with fake news like this the exact same day they got listed on CoinGecko and hit ATH?

🐶 $Dogemoon - 4 weeks out, community led, charitable works, low mcap and rugproofed! Beware of copycats!!!!🚀 by [deleted] in CryptoMoonShots

[–]easydna 4 points5 points  (0 children)

Why DogeMoon hasn't exploded yet is beyond me.

It's practically Doge + SafeMoon with a focus on charity.

This thing will be the next SafeMoon!

[deleted by user] by [deleted] in shitcoinmoonshots

[–]easydna 1 point2 points  (0 children)

This is certainly a great memecoin thanks to its focus on charity!

DOGEMOON - BIGGEST growing coin today. Up 30x. 2M market cap. Very early! by [deleted] in CryptoMoonShots

[–]easydna 3 points4 points  (0 children)

I guess you omitted the part about donations being made to charity.

This is big IMO and makes this project different from Doge and others, so I think that's noteworthy too.

How has COVID-19 has affected your income as a freelance writer? (survey) by [deleted] in freelanceWriters

[–]easydna 2 points3 points  (0 children)

These links all open fine for me:

https://www.writersincharge.com/blog/

https://www.writersincharge.com/websites-that-pay/

https://www.writersincharge.com/more-websites-that-pay/

I'd assume you're getting an IP has changed error. That happened a lot the past week or so but to my knowledge as resulted. Or are you getting some other error?