Nidschinator (@nidschi) • Hey
...just a crypto pleb exploring web3
Publications
- gm! would be awesome if u guys mint my ngmi gardenhouse
https://zora.co/collect/zora:0x6c62d65c7987d04ab5f7051699c7015d5152a143/1?referrer=0xfb53cC84f5187c2F386E9895476B3DECF33d4982
- We pump! Leggoooo
- Gm! I'm super excited to join DeFi! Do we hunt airdrops in here? Leggooo
- just launched a contest on jokerace, EigenLayer LST contest Mantle — come play to win
https://jokerace.xyz/contest/mantle/0x471bb1b5bD70cfF552f82A80797Ea6253Bac94E2
- **Hey anon, we’re excited to drop 🌿Wagame $LENS cheat sheet 🤫👇 and with this occasion**
**we’ll give away 1 KoruDAO NFT ($285 on OS) - to enter #LMCC (paid collect 2,85 WMATIC)**
You’ve probably seen countless speculations about “guaranteed” airdrop from Lens - we have come to the conclusion that most likely none of these speculations will end up to be true, our evidence points to something more nuanced than these.
Many assume @lensprotocol is just following the usual airdrop blueprint and will reward anyone who made a couple of posts and has a 2 digit follower count. This narrative has been pushed on tweetr by threadoors to farm engagement - read on to learn what our research revealed **👇**
1️⃣ Lens target business model
2️⃣ Stani’s views on airdrops
3️⃣ Where Lens currently is as a project
Now let’s review each 🔎
**1️⃣ Lens target business model**
If you were at Lens 1st Twitter Spaces last yr you’d notice that the entire chat was about artists + music NFTs. @stani.lens keeps on posting about the same & even reached out to some rappers. He also hired ex-TikTok staff - app known for creative content
Use Lens advanced post search tool by @rickydata.lens and see how often Stani posts about this:
‘Music’ 👉46 posts
‘Rap’ 👉27 posts
..and so on
https://lenster.xyz/posts/0x0102cc-0x01a9
🧠 Conclusion: Lens is targeting indie creatives and wants them to be posting their content on Lens. You, random degen, is not their top priority as poster right now, sorry 🥲. You’re still wanted on Lens, but mainly as collector of their posts
Why target creatives?
Because artists can sell their art as NFTs on Lens and Lens can get a cut from these sales. This is a potential source of revenue that makes their business model sustainable over the long run
Also, if everyone starts buying & selling each others’ posts, it’ll make use of Lens’ key feature - you own your data and are free to monetise it. See the statements made in their Open Letter
Lens = social content marketplace
**2️⃣ Stani’s views on airdrops**
Stani is known as someone who doesn’t like to do airdrops. We think he means “standard” airdrops here that just reward every participant. But he clearly understands the pitfalls of just dropping a token to everyone who interacted with the platform.
🧠 Conclusion: content that adds value > random posts to game the system in the hopes of airdrop
Simply posting stuff on Lens that doesn’t generate any traction (non-viral content) and doesn’t add much value is unlikely to be determining factor imo
Still, Stani is Web3 native & understands that not rewarding early supporters is a lost game, especially for a project that requires social support. We may see some rewards for being early user, we just think that it’s unlikely the MAIN criteria
**3️⃣ Where Lens currently is as a project**
Based on the same Open Letter, Stani has big plans for Lens to challenge Web2 social media giants. If Lens is to take on TikTok & Twitter, it needs many more users than just Web3 natives. They need to reach ‘normies’
https://www.lens.xyz/letter
But right now there’s only 88k Lens handles with a post. Hard to say how many of these are Sybils. Compare this to Twitter and TikTok user base and global reach. We’re still early and normies aren’t here yet
https://dune.com/gm365/lens
🧠 Speculation: expect some creative way to incentivise normies to join Lens. $LENS content monetisation (social mining?). Vampire airdrop targeting top creators on YouTube, TikTok etc? Wouldn’t that be crazy & generate big mainstream buzz?
So what MIGHT happen, based on the above?
🌿 If there’s airdrop, simply minting Lens handle and sitting on it won’t do. This is not ENS
🌿 Creators that managed to generate a following and sales via collects (+those that collected their NFTs) might stand higher chance of rewards
🌿 Buildors (Lenster, Orb, Lenstube etc) might also get allocation just like we have seen with Arbitrum and Optimism Stack. It could be up to the projects then how to use this allocation - some might choose to reward past users, some might choose to do incentives
Other things that Lens might consider in future:
🌿 Introduce monetisation where the more engagement your post gets (via paid collects for example), the more $LENS you get. Similar to liquidity mining but on a social media app. Social mining? Think monetisation on YouTube
Other things that Lens might consider in future:
🌿 As mentioned above - vampire airdrop to creatives with a following on current Web2 social media. They would then have to shift to Web3 if they want to claim their tokens. Would be a big onboarding event for their followers too
Gaming the criteria will be almost impossible, abuse is avoided thanks to @sismo zkdrop - to get an idea how it could look like, check out Sismo Ethereum Influencer ZK-badge:
https://app.sismo.io/twitter-ethereum-influencers
🌿 Being early supporter might still play a role.
But quality posts > quantity, plus focusing on what Lens team is focusing on atm (supporting creatives by collecting their paid posts) might be a better alpha play. So create good paid content or collect it from others
**What action to take if you have no coding skills and aren’t a creative talent?**
🌿 be consistent: try to switch to Lens protocol as your preferred social media platform, interact with other active users daily
Stay tuned, we will drop more opportunities for our subscribers to actively interact on Lens protocol in a fun way - promised!
@punkess.lens has got you covered with the most extensive resource on how to get started on Lens:
https://lenster.xyz/posts/0x0f85-0x1452
🌿 become a collector: most paid collects are fairly cheap <10 WMATIC, a good start is to collect this post! Don’t miss this opportunity, we’ll give away our KoruDAO NFT to 1 lucky collector! #LMMC this post to enter the fair raffle via @lensdropxyz.lens 👇
@korudao.lens is the first DAO owned Lens account, the 282 KoruDAO NFT holders are able to post on Lens protocol from a 10k subs account. The projects was started by the OG’s from @gelato.lens and is currently in the process of finding a consensus between DAO members (=NFT holders) to provide the most value to the DAO over short time goals from individual members. An interesting experiment to say the least and hence the NFTs floorprice on OS is currently at $285.
https://opensea.io/collection/korudao
Below a few more posts you could consider to collect:
Support @lenstaxyz.lens
https://lenster.xyz/posts/0x019086-0x83
Support @rickydata.lens
https://lenster.xyz/posts/0x0102cc-0x01ac
Possible 2in1? @zerion.lens
https://lenster.xyz/posts/0xad5d-0x4c
- **Guide to Polygon NFTs**
With a string of a-list partners and an ever-expanding ecosystem, Polygon is a network that’s worth paying attention to. However, Polygon NFTs are relatively lesser-known, perhaps because many wallets don’t fully support them.
In this post, we explore Polygon NFT marketplaces and top NFT collections.
📈 **Polygon NFT marketplaces**
Many NFT marketplaces support Polygon — below are the leading ones in terms of volume.
**1. OpenSea**
The best-known NFT marketplace, @opensea.lens added Polygon in August 2022. Despite lots of competition, OpenSea has the largest trading volumes for Polygon NFTs.
Besides trading, OpenSea also lets anyone easily create Polygon NFTs with “lazy minting”. With this method, no gas is paid until the NFT is sold.
**2. MagicEden**
Originally focused on Solana, MagicEden has grown into a cross-chain NFT giant. The marketplace added support for Polygon in November 2022.
MagicEden also has lots of tools to help creators successfully sell NFTs. This includes whitelists, launchpads, and auctions. This isn’t open to all, and there is a vetting process for creators to ensure quality.
**3. Dew**
Currently in invite-only, Dew.gg is a dedicated Polygon NFT marketplace aggregator tailored for pro traders on the Polygon network. Despite still not being fully open, Dew has been steadily gaining trading volumes.
Dew offers features that help traders, such as fast listing updates, floor sweeping, and advanced charts. To get access to Dew, you need an invite from one of the existing users (each user gets 5 invites).
🔍 **Polygon NFT collections**
While Polygon has lots of run-of-the-mill PFP collections, it’s also home to some of the most interesting NFT experiments.
**1. Y00ts**
Launched in September 2022 on Solana, y00ts is a generative art project with 15,000 NFTs.
The project made headlines when De Labs, the company behind y00ts, got a $3 million grant from Polygon to move the collection from Solana to the Polygon blockchain. The transfer started in March, and now over 12k NFTs are on Polygon. With a 2 ETH floor, it’s currently the top collection on Polygon.
**2. Lens profiles**
@lensprotocol handles are a hot commodity — still, only whitelisted addresses can mint the handle.
While mining is free, the floor price is over $200. The total volume traded is over 4.2 million MATIC, according to MagicEden.
Collected Lens posts are also Polygon NFTs. However, a different collection is created for each post. So the market is somewhat fragmented and posts rarely feature in the lists of trending NFTs.
**3. Reddit Collectible Avatars**
Reddit chose the Polygon blockchain to launch the sale of their collective avatars. Reddit sold over 10 *million* NFTs with a total market cap exceeding $75 million.
Recently, Reddit launched the second wave of avatars from 100 different artists. Each artist has a separate NFT collection.
**4. Sandbox land NFTs**
In November 2022, Sandbox, the popular metaverse and gaming platform, started to sell their digital land as Polygon NFTs, moving on from Ethereum.
Most Sanbox land plots are now traded on Polygon with a total volume of over 6.2 million MATIC. The land isn’t cheap: the average price is over 1,000 MATIC.
**5. Unstoppable Domains**
Similar to ENS, Unstoppable Domains offer domain names as NFTs. Unlike ENS, these NFTs live on the Polygon blockchain.
There are over 3 million domain NFTs. So the floor price is extremely low. However, shorter and more memorable domains could be valuable.
**6. Galxe OAT2**
Galxe OAT (On-chain Achievement Token) are free NFTs issued for taking parts in various campaigns on Galxe. Over 9 million OATs were issued.
While OATs are minted for free, some people buy them. Perhaps they expect to qualify for some whitelisted, allowlists, or other on-chain opportunities.
**7. Gaming NFTs**
Polygon is the network of choice for many blockchain games. Some of those games use NFTs to represent characters and items in the games.
Game NFTs are often even more volatile than other collections. That’s because the value of NFTs can depend on the in-game mechanics (which can change). Games can also quickly go viral and can fall out of favor just as fast.
To find interesting game NFTs on Polygon, you can simply filter collections on OpenSea. MagicEden also has a dedicated Games tab, which features various blockchain games.
👀 **How to view your Polygon NFTs**
Not every crypto wallet adequately displays Polygon NFTs.
However, Zerion Wallet fully supports the Polygon blockchain, including NFTs. You can easily import your existing wallet via a seed phrase or private key.
When you mint or buy NFTs, you can see them in your transaction history. After that, the NFT will show up in a dedicated part of the portfolio that tracks NFTs across all chains.
Alternatively, you can connect your existing wallet to the Zerion web app and see all your Polygon NFTs.
Try Zerion Wallet 👉 https://link.zerion.io/uN2UIMB0Xyb
- GM! 🌿
Leave a comment, a drop might be coming 👀
- gm Lenster fam 🌸
We are excited to announce the launch of our new Snapshot voting feature. Now you can have your say on important community decisions by simply voting from Lenster.
If you paste any Snapshot URL, it will turn into an interactive widget where you can vote for a proposal. You can also use it with your Lens follower NFTs by configuring Snapshot strategies 🚀
Vote us below if you like this feature 😉 https://snapshot.org/#/yoginth.eth/proposal/0x9287c40edcd68c362c7c4139fe3489bbaaa27cf4de68be5c218a82d0f252e718
- Learned about basic fundamentals and features of @LensProtocol on the @orbapp.lens app, and got a dope NFT 🌿
#orb #orbapp #orbsbt
- Learned about basic fundamentals and mission of @orbapp.lens project, and got a sick NFT 🔥
#orb #orbapp #orbsbt
Wen DMs?
- First Post from mobile phone on lenster via orb app! Is this the future @orbapp.lens ?
- 〰️ Audio of The Day 🎧 〰️
'' SEV - Castle '' ( Limited collects only❗️)
Enjoy , Collect & Mirror 🎶 #MusicNFTs
- We've integrated Lens Protocol 🌱🏰
What does this mean?
You can now create roles in a guild, based on someone:
- having a Lens profile
- following someone on Lens
- collecting a post
- mirroring a post
Lens requirements are composable with any combination of:
- fungible and non-fungible tokens on 17 chains
- over a dozen on-chain and VC integrations
- off-chain social data from Twitter, Discord and GitHub
All this to create roles and gated areas in Discord, Telegram, Google Workspace, GitHub and anywhere else with the Guild SDK.
Interoperability for communities is slowly but surely coming together.
- Alper Ersahin - Can't Erase (Official Music Video)
STREAM : https://fanlink.to/AlperErsahinCantErase
DOWNLOAD : https://hypeddit.com/track/hojk0n
- gm! somebody in here having a minute explaining to me why we collect posts? And then trading them on top on @lensport.lens ? @stanislav.lens please enlighten me
- LensBeats Final Phase $BEATS Airdrop
🌿Collect The Post
🌿Follow LensBeats
All Collectors Of This Post Will Recieve $BEATS In Three Batches , There Will Be No Another $BEATS Airdrop {FINAL $BEATS Drop}💚🌿🎵
Ends In 48HR
- Should We Do A $BEATS Airdrop On Lenster🪂🎵💚🌿?
- Just getting started in web3 vs. when it all clicks. The deeper you go, the brighter it gets. @rabbithole.lens