- The Dumpling
- Posts
- Oh wait, Solana is up again?
Oh wait, Solana is up again?
Solana's first dog coin, Azuki IPs, and a Bitcoin-themed bar in NYC
GM Baos,
Who’s sticking to their New Year’s Resolutions? It's day 4 and I've already missed mine... 🤭
Today we cover:
Why $SOL pumped double digits
Azuki#6918 copyright
A Bitcoin themed bar in NYC
Why is $SOL pumping?
What happened to $SOL?! One day it's sub $10, then the next thing I know it's up over 50% 🤯
Besides the mean reversion of a coin that everyone is shorting, let's go over two catalysts $SOL had over the last week…
1) Vitalik tweeted something positive about Solana. Everyone was talking about how funny it would be if he happened to mark the bottom for $SOL. Do y’all think the bottom is in?
Some smart people tell me there is an earnest smart developer community in Solana, and now that the awful opportunistic money people have been washed out, the chain has a bright future.
Hard for me to tell from outside, but I hope the community gets its fair chance to thrive🦾🦾
— vitalik.eth (@VitalikButerin)
10:32 PM • Dec 29, 2022
2) The launch and airdrop of Solana's first dog coin, $BONK. For the first time in awhile, there were good vibes and memes floating around the community. Even Solana Co-founder, Raj Gokal, noticed the change in sentiment and tweeted, "Nothing makes me happier than seeing Solana users having fun. And boy are they having fun right now".
Bonk Inu airdropped 50% of its token supply to the Solana community. Here's how the allocation went:
20% to SOL NFT collections
15% to early Open Book traders
10% to SOL artists/collectors
5% to SOL developers
More active wallets used $BONK in the last 24 hours than wallets using the entire Polygon network
— Bonk! (@bonk_inu)
11:21 PM • Jan 2, 2023
Azuki#6918
Something that we will continue to see talked about as NFTs grow beyond PFP utility, is the topic of web3 IPs. The discussion popped up again after a Twitter user tweeted Metaka Wars was using their Azuki IP without consent. Thankfully though, it all got cleared up. And fast.
Metaka Wars, as the mecha project of Kunio Okawara's genuine IP, has always respected the NFT copyright and is committed to promoting better development of the NFT industry. Today, the use of Azuki#6918 has attracted everyone's attention, and the official explanation is here👇
— Metaka Wars (@MetakaWars)
4:34 AM • Dec 30, 2022
TLDR of Metaka Wars thread
Metaka Wars had a collab already in production with the previous holder of Azuki#6918
They weren't aware when the Azuki holder sold Azuki#6918 on OpenSea
Metka Wars will always protect the rights of copyright owners
Solution: airdrop 10 Metaka Wars to the new Azuki#6918 holder and work with them to negotiate the purchase of the NFT
The new holder of Azuki#6918 (TrungTranNft) seems happy with how Metaka Wars handled things 😎
Just another day in web3. What are your thoughts on the situation?
Gm !
Summary details after I posted this thread :
1/4. I contacted with Metaka Wars team about using my IP of my Azuki and received a response about the contract between my Azuki's former owner and the project.— 0xTrung.eth 🛸⛩ (@TrungTranNft)
4:53 AM • Dec 31, 2022
There is a Bitcoin- themed bar in NYC
An Ex- Fidelity executive opened a Bitcoin- themed bar in NYC. The crazy part? They don't accept cryptocurrency. Who would've thought at a Bitcoin- themed bar, the only payment method is cash?
At the end of 2022, Thomas Pacchia opened PubKey bar in Manhattan's Greenwich Village. And brought on chef Greg Proechel, who previously worked at the acclaimed three- star Michelin restaurant, Eleven Madison Park.
PubKey was intended to be a place where both the Bitcoin community and non-crypto native customers could come together to enjoy some delicious FOOD. Thomas Pacchia notes, "It's been a rough year for a lot of people. The opening of this cultural hub is one of the more positive things in the industry right now".
What's on the menu? Burgers, hot dogs, wings, fried mozzarella, and more all American food options. If you like American food and are in NYC, you'll definitely want to check this bar out 😋
At New York's new Bitcoin-themed bar, you can drown your sorrows with other crypto faithful and gorge yourself on hot dogs — but you'll need to pay in cash trib.al/tpgqmjz
— Bloomberg Crypto (@crypto)
6:38 PM • Jan 2, 2023
Bao-Sized News
SBF pleaded not guilty on all counts. What will happen next? 🥲
Final Fantasy creator Square Enix will focus on blockchain gaming
Sushi Swap cuts it's lending protocol (kashi) and token launchpad (miso) 🍣
Made us Kek
Love to see how some of the Baos are ringing in the New Year...
gm beautiful people
from this day onwards i wont be apologising for being me 🫡
— thangcho.eth 🐺 (@pur3stsoul)
11:34 PM • Dec 30, 2022
GM GA GN!! Web3 2023 will be better!
— happyeqb (@happyeqb)
9:37 AM • Dec 28, 2022
New year, new opportunities, but don’t get lost. Remember where you came from and your day ones. Be greedy, but stay humble. See yall on the other side 🫡
— Chun (@Chun0069)
10:40 AM • Jan 1, 2023
2023 is our year 🥹
–Cassidy