Soynd (@soynd) • Hey
Sometimes, everyone need a free-time
Publications
- DeFi economic activity drops 15% in August —VanEck
According to an analysis from investment manager firm VanEck, exchange volume across DeFi protocols declined to $52.8 billion in August, 15.5% lower than in July.
The decentralized finance (DeFi) ecosystem has suffered more setbacks in August as on-chain economic activity dwindled. According to an analysis from investment manager firm VanEck, exchange volume [declined](https://www.vaneck.com/us/en/blogs/digital-assets/matthew-sigel-vaneck-monthly-crypto-recap-for-august-2023/) to $52.8 billion in August, 15.5% lower than in July.
The findings are based on VanEck's MarketVector Decentralized Finance Leaders Index (MVDFLE), which tracks the performance of the largest and most liquid tokens on DeFi protocols, including Uniswap
The DeFi Index underperformed Bitcoin and Ether in August, falling 21% in the month, notes the report. The results were exacerbated by UNI token negative performance of 33.5%, as investors sold off tokens to capture gains from July.
Another key metric for the ecosystem, the total value locked (TVL) declined 8% in August, from $40.8 billion to $37.5 billion, slightly outperforming Ethereum’s 10% slump in the month.
- Magic Eden integrates Solana’s compressed NFTs into marketplace
NFT marketplace Magic Eden believes that lowering the costs in NFT production creates an “easy access point” for new users to try NFTs.
Nonfungible token (NFT) marketplace Magic Eden has announced that it will support Solana’s compressed NFTs (cNFTs) to provide a cost-efficient and scalable alternative to owning digital collectibles.
CNFTs differ from the usual Solana NFTs because their data is [compressed](https://solana.com/news/how-to-use-compressed-nfts-on-solana) and stored off-chain. Because of this, production in larger quantities is more feasible as they require lesser fees to mint.
According to Magic Eden, this type of NFT is ideal for creating mass-produced collections in various industries like gaming, music, events and the metaverse. The NFT marketplace believes that it allows creators to reach wider audiences without spending more.
The NFT marketplace also believes that by lowering the costs involved in NFT production, it can potentially promote adoption and become an “easy access point” for new people to try out collecting NFTs. With lower costs, users can collect NFTs without risking a large amount of funds to acquire collections. It lowers the risk of losing money over NFTs.
- What are address poisoning attacks in crypto and how to avoid them?
Address poisoning attacks involve tracking, misusing or compromising cryptocurrency addresses.
Address poisoning attacks are malicious tactics used by attackers who can reroute traffic, interrupt services, or obtain unauthorized access to sensitive data by inserting bogus data or changing routing tables. The integrity of data and network security are seriously threatened by these assaults, which take advantage of flaws in network protocols.
This article will explain what address poisoning attacks are, their types and consequences, and how to protect oneself against such attacks.
## Address poisoning attacks in crypto, explained
In the world of cryptocurrencies, hostile actions where attackers influence or deceive consumers by tampering with cryptocurrency addresses are referred to as [address poisoning attacks](https://cointelegraph.com/news/countering-address-poisoning-this-browser-extension-offers-users-protection).
On a blockchain network, these addresses, which are made up of distinct alphanumeric strings, serve as the source or destination of transactions. These attacks use a variety of methods to undermine the integrity and security of cryptographic wallets and transactions.
Address poisoning attacks in the crypto space are mostly used to either illegally acquire digital assets or impair the smooth operation of blockchain networks. These attacks may encompass:
- Mark Cuban’s Crypto Wallet Hacked, $870,000 Lost
**Hackers have apparently compromised a wallet belonging to billionaire investor Mark Cuban, stealing a number of cryptocurrencies. The owner of the Dallas Mavericks NBA team, who confirmed the breach, has been able to transfer the remaining digital funds to U.S. crypto exchange Coinbase.**
## Mark Cuban’s Metamask Wallet Drained by Hackers
Cryptocurrency worth hundreds of thousands of U.S. dollars has been evidently stolen by hackers from a hot wallet owned by American entrepreneur Mark Cuban. The billionaire confirmed to crypto media he was the victim of an attack.
The suspicious movement of funds from the wallet, which had been inactive for 160 days, was first noticed by blockchain sleuth Wazz (X handle @WazzCrypto) on Friday.
- Bitcoin’s cycles are changing — Bloomberg analyst Jamie Coutts explains
This week’s episode of Market Talks discusses how Bitcoin cycles are changing and how it could impact the upcoming halving.
In the latest episode of Cointelegraph’s *Market Talks*, host [Ray Salmond](https://cointelegraph.com/authors/ray-salmond) speaks with Jamie Coutts, a chartered market technician and crypto market analyst at Bloomberg Intelligence.
When asked whether Bitcoin’s pre- and post-halving price action could differ from previous cycles due to a change in global monetary policy, Coutts said:
> “I’ve been writing about this for most of the year. We do have some strong fundamentals in the space, but ultimately, what drives risk assets is liquidity. The longer that we have this tightening cycle, and if we start to see an uptick in unemployment and more stress in the banking sector, then there could be a bit more pain for risk assets like Bitcoin.”
- Coinbase Earned nullM Amid Hack, but Hasn't Reimbursed Victims
Coinbase received 570 ETH, the second-largest payout tied to MEV in Ethereum’s history, to process transactions related to the Curve exploit.
* The $73 million Curve exploit in July briefly pushed prices on the DeFi platform out of whack, and a trading bot paid 570 ETH to ensure it could take advantage of that once-in-a-lifetime arbitrage opportunity.
* The Ethereum validator that received that payment was apparently run by Coinbase, making it an unwitting beneficiary of the incident.
* Exploit victim Alchemix reached out to Coinbase to seek a refund for victims, but the crypto exchange has evidently not turned over the money.
- An argument for the @Starknet airdrop
An argument for the [@starknet ](https://twitter.com/Starknet)airdrop:
\- 9% tokens allocated to Community Provisions
\- 9% tokens allocated to Community Rebates
\- 8.1% tokens are "unallocated" Community Provisions: *"for those who performed work for Starknet"* Community Rebates: *"to cover the costs of onboarding to Starknet"* Unallocated Tokens: for the community & decided by the community" Why this could mean an airdrop: The first two token positions are allocated for different purposes.
But It's entirely possible that Starknet decides to change the usage of those. We are talking about 18%, there would be room for an airdrop.
- NFL Star Trevor Lawrence and Youtube Influencers Settle Allegations Over
**In a recent court document, Jaguars’ quarterback Trevor Lawrence and two others have chosen to settle allegations that they misled investors, leading to losses in the FTX collapse. Lawrence, among several high-profile endorsers of FTX, has not publicly revealed the terms of his settlement.**
## Jaguars’ Quarterback Trevor ‘Sunshine’ Lawrence to Settle FTX Endorsement Lawsuit
On Friday, Bloomberg’s Jef Feeley [revealed](https://www.bloomberg.com/news/articles/2023-09-15/jaguars-qb-trevor-lawrence-to-settle-ftx-endorsement-fraud-suit?srnd=cryptocurrencies-v2) that YouTube personalities Tom Nash and Kevin Paffrath, along with NFL star Trevor Lawrence, have settled allegations of misleading investors through their endorsement of the now-bankrupt crypto exchange, FTX. Lawrence, the quarterback for the Jaguars, joined FTX as a partner in April 2021.
By May 2021, Lawrence [announced intentions](https://news.bitcoin.com/no-1-nfl-draft-pick-trevor-lawrence-signing-bonus-cryptocurrencies/) to transform his entire signing bonus into cryptocurrency. That year, his bonus was a staggering $24 million. Lawrence expressed his excitement about collaborating with Blockfolio, an FTX subsidiary. FTX had previously acquired Blockfolio, a leading portfolio tracking app, in 2020 for a cool $150 million.
- DJ 3LAU causes a stir after opting out of Friend.tech over regulatory risk
3LAU noted that the risks were high and that he has a “responsibility” to avoid regulatory gray areas.
Popular DJ and [crypto investor Justin Blau](https://cointelegraph.com/news/nft-music-marketplace-royal-raises-55m-in-series-a-round), better known by his stage name 3LAU, has caused a stir in the crypto community after suddenly opting out of the decentralized social media platform Friend.tech. Explaining the decision, the DJ highlighted concerns over the regulatory risks that the platform may pose.
In a Sept. 15 X ( formerly Twitter) thread, 3LAU revealed that he stepped away from Friend.tech after “understanding more of the risks.”
3LAU added that his main concern was around the automated market maker (AMM) that enables the trading of user keys (formerly known as shares) on the platform.
He suggested that such a feature on a social media platform sits in a regulatory gray area that [could cause issues](https://cointelegraph.com/news/sec-charges-company-behind-stoner-cats-nft-series-unregistered-securities-sale) for users down the track.
- Gemini Blasts DCG and Genesis Bankruptcy Plan, Calling It ‘Misleading
Under the plan, Gemini creditors would receive a “fraction” of the money they are owed, Gemini’s lawyers said.
Crypto exchange Gemini has criticized a bankruptcy recovery plan related to Genesis, Gemini’s partner on a lending program that’s been frozen for months, saying the potential deal is “misleading at best,” according to a [Friday court filing](https://storage.courtlistener.com/recap/gov.uscourts.nysb.314889/gov.uscourts.nysb.314889.704.0.pdf).
Earlier this week, Genesis and its parent company, Digital Currency Group, said more than 230,000 retail creditors who used Gemini’s Earn program stand to be made “nearly whole” under a proposed remuneration deal to be voted on later this year. Earn was offered to customers of the Gemini crypto exchange, but Genesis supplied the financial infrastructure that ran the program. (Genesis, like CoinDesk, is owned by DCG.)
But Gemini said Friday that Gemini Earn users will not recover “anything close \[to the] real value” of the money they’re owed under the proposal.
“DCG touts proposed recovery rates that are a total mirage – misleading at best and deceptive at worst,” Gemini’s lawyers said in the filing. “Make no mistake: Gemini Lenders will not actually receive anything close in real value terms to the proposed recovery rates under the current ‘agreement in principle.’”
DCG owes more than null.65 billion to the beleaguered crypto lender Genesis, which, in turn, [owes some null.2 billion to Gemini](https://www.coindesk.com/business/2023/07/04/geminis-cameron-winklevoss-tweets-15b-final-offer-in-debt-talks-over-crypto-firm-genesis/). Genesis owes over $3 billion to its top 50 creditors overall.
- Coinbase CEO Urges Defi Protocols to Challenge Regulatory Crackdowns in Court
**The CEO of the cryptocurrency exchange Coinbase has encouraged decentralized finance (defi) protocols to fight regulators in court if they face regulatory crackdowns. He stressed that the Commodity Futures Trading Commission (CFTC) “should not be creating enforcement actions against decentralized (defi) protocols,” emphasizing that they are not financial service businesses. “The only thing this is accomplishing is to push an important industry offshore,” Armstrong cautioned.**
Brian Armstrong Wants Defi Protocols to Fight Regulators in Court
The CEO of cryptocurrency exchange Coinbase (Nasdaq: COIN), Brian Armstrong, has urged decentralized finance (defi) protocols to challenge U.S. regulators in court after the Commodity Futures Trading Commission (CFTC) cracked down on some defi platforms.
- Former FTX CEO Sam Bankman-Fried Allegedly Being 'Extorted and Physically Harmed' in Jail
**Jeremy Lorenzo, aka “Poops,” has given more insights on the difficulties that former FTX CEO Sam Bankman-Fried is allegedly facing during his stay at Brooklyn Metropolitan Detention Center (MDC). Lorenzo shared that Bankman-Fried had computer code confiscated and that he might have been moved due to being “extorted and physically harmed daily.”**
Sam Bankman-Fried Allegedly Facing Difficulties in Jail
More details about the particulars of Sam Bankman-Fried’s (SBF) stay in the Brooklyn Metropolitan Detention Center (MDC) have recently been shared by Jeremy Lorenzo, aka “Poops.” Lorenzo reported last week that Bankman-Fried’s difficulties continue, with the former FTX boss constantly being harassed by his fellow inmates and even having problems with correctional officers (CO).
- Coinbase reminds world it tried to ‘embrace regulation’ as SEC sues for violations
Coinbase met with the SEC 30 times in 2022 seeking regulatory guidance and now it will “vigorously defend” itself, it says.
https://cointelegraph.com/news/coinbase-reminds-world-it-tried-to-embrace-regulation-as-sec-sues-for-violations
- just need a small dinner
- Thang 6 la loi noi doi cua em
- Lonely Vacation without you
- I need some food
- Crypto distribution is uneven among banks as prudential exposure rises: BIS report
One bank accounts for almost 62% of all crypto-asset prudential exposure, and almost two-thirds of banks holding crypto are in the Americas.
https://cointelegraph.com/news/crypto-distribution-is-uneven-among-banks-as-prudential-exposure-rises-bis-report
- If you want to be invited next to the orb app to enjoy Lens on your mobile, then follow @orbapp.lens and drop your lens handle in the comment! \n\n#lmcc
- Learned about all the web3 lingo on @orbapp.lens app, and also got a NFT. Now I'm certified slang master 🧙
#orb #orbapp #orbsbt
- Learned about basic fundamentals of Non-Fungible Token (NFT) on @orbapp.lens app, and also got a sick NFT 🤩
#orb #orbapp #orbsbt
- Learned about basic fundamentals and mission of @orbapp.lens project, and got a sick NFT 🔥
#orb #orbapp #orbsbt
- 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 of crypto wallet on @orbapp.lens app, and got a sick NFT 🤯
#orb #orbapp #orbsbt
- Learned about basic fundamentals of web3 on @orbapp.lens app, and got a dope NFT 😇
#orb #orbapp #orbsbt
- Take care my garden...
- Crypto Council for Innovation poll sees crypto voters as a force to be reckoned with
The new data show crypto ownership is comparable to that of other assets and especially strong among the young; crypto is seen more favorably than banks in some quarters.
https://cointelegraph.com/news/crypto-council-for-innovation-poll-sees-crypto-voters-as-a-force-to-be-reckoned-with
- Equifax—known for huge data breach—is building a Web3 KYC solution
Equifax, which suffered a huge data breach in 2017, has partnered with privacy-centric blockchain company Oasis Labs for a decentralized ID offering for Web3 companies.
https://cointelegraph.com/news/equifax-known-for-huge-data-breach-is-building-a-web3-kyc-solution
- Blockchain.com partners with Visa to offer crypto debit card
The launch of the new crypto debit card follows the announcement of similar products from FTX and BitOasis.
https://cointelegraph.com/news/blockchain-com-partners-with-visa-to-offer-crypto-debit-card
- The Bug House 2022 in Lisbon to bring together global Web3 community
https://cointelegraph.com/press-releases/the-bug-house-2022-in-lisbon-to-bring-together-global-web3-community
- Federal Reserve Chairman Jerome Powell Faces Political Pressure Over Interest Rate Hikes
https://news.bitcoin.com/federal-reserve-chairman-jerome-powell-faces-political-pressure-over-interest-rate-hikes/
- Bitcoin price broke out this week, but has the trend changed?
BTC’s price attempted to break out of range before retesting underlying support. Is a trend change at hand, or will the price continue to consolidate?
https://cointelegraph.com/news/bitcoin-price-broke-out-this-week-but-has-the-trend-changed
- NYSE delists Twitter shares following Elon Musk acquisition
Twitter shareholders will receive $54.2 per share on their holdings as part of the deal, but Musk said earlier that he might take the company public again in three to five years.
https://cointelegraph.com/news/nyse-delists-twitter-shares-following-elon-musk-acquisition
- From Hairstylist to Crypto Trader: A Cautionary Tale
A New York hairstylist to rock stars became a technical trader in Puerto Rico. Here’s how she got rich, only to lose everything in the crypto winter. This article is part of CoinDesk’s Trading Week.
https://www.coindesk.com/layer2/2022/10/28/from-hair-stylist-to-crypto-trader-a-cautionary-tale/
- Happy morning !
- Actually , never mind .
- Make up to come to an event
- Do you want to eat crab with me ?
- **🌿 Rooting in Web3 — day 12 Introducing @TroopFinance**
**What is Troop?**
@TroopFinance official intro:
Create and manage a portfolio together with your frens. Collaborate on your investments while earning rewards and reputation. They are one of the grant winners from @LensProtocol , which we believe will integrate Lens in the future!
**Our opinion about** [**@TroopFinance**](https://twitter.com/TroopFinance) **(NOT FINANCIAL ADVICE):**
Troop is going to innovate how investment is done in such a way that it is practiced in the form of a "troop" or a group of your friends in a fun and engaging way.
The key highlight of Troop is "Join an investment portfolio with friends" So how does it work? 🤔 Let me walk you through it.
There are 3 important components: **
•** Rewards & Reputation **
•** Hive mind **
•** Exclusivity
More details about "How community portfolios work" in the pictures of this post.
Finally, there is a demo from [@TroopFinance,](https://twitter.com/TroopFinance) regarding how to create/join a troop:
<https://twitter.com/teapartylife/status/1555431172510851072>
**Again, not financial advice!**
If you would like to know more about [@TroopFinance](https://twitter.com/TroopFinance) project, please DYOR:
🌐 <https://troop.finance>
💬 <https://t.me/troopfinance>
- **🌿 Rooting in Web3 — day 11 Introducing SoundIt**
**What is SoundIt?**
Official intro:
[@SoundItWorld](https://twitter.com/SoundItWorld) is an audio-first social decentralized platform (dPlat) focused in disrupting the status-quo audio value chain.
They are one of the grant winners from [@LensProtocol 🌿](https://twitter.com/LensProtocol), which we believe will integrate Lens into their platform in the future!
**Our opinion about SoundIt:**
SoundIt going to revolutionize how the audio industry works in the future. SoundIt positioned in a very unique & interesting angle which to empower creators and fans to interact with each other, plus creating masterpieces together! 🤯
**Let's deep dive to understand more:**
SoundIt enables creators to create a professional studio-like environment and collaborate and generate fan engagement directly on the go.
Important key highlights to mention would be SoundIt's complete suite of tools to empower creators such as "**Blurbs**", "**Feed, Stage & Spotlight**", "**Collab**" and "**Pods**".
Finally, the last important point to cover would be the creator economy & value chain. As for the long-term, [SoundIt](https://twitter.com/SoundItWorld) is going to fix the Creator-Fan-Platform relationship model in the audio sector.
There's more to cover here.
In order to know more about [SoundIt](https://twitter.com/SoundItWorld), please do support them:
🌐 <https://soundit.com>
💬 <https://t.me/SounditWorldOfficial>
- **🌿 Rooting in Web3 — day 10 Introducing Share**
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**What is Share?** \
Official intro: \
Share is a Web3 social writing platform where authors can publish books/articles as NFT and readers can interact with their favorite authors.\
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**Our opinion about Share:** \
Share comes in a very unique and interesting angle to empower authors to sell their books in the form of NFT. This is something that hasn't happened before in the Web2 online bookstore. There's more ...\
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Integrating with @LensProtocol , Share enables both the author and seller to set a price for collecting the publications via Lens protocol to further earn income for either party. 🤯\
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The key highlight from Share is about the authors-readers will have a closer connection with each other, and hence enable readers to be an actor and synergized with the authors, which in turn will produce fantastic hybrid creativity on the final publication! 🤯\
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**To know more about Share:** \
Do follow their socials: \
🌐 <https://theshr.xyz>\
💬 <http://discord.gg/zwaKtm3tqN>
- **🌿 Rooting in Web3 — day 10 Introducing Share**
\
**What is Share?** \
Official intro: \
Share is a Web3 social writing platform where authors can publish books/articles as NFT and readers can interact with their favorite authors.\
\
**Our opinion about Share:** \
Share comes in a very unique and interesting angle to empower authors to sell their books in the form of NFT. This is something that hasn't happened before in the Web2 online bookstore. There's more ...\
\
Integrating with @LensProtocol , Share enables both the author and seller to set a price for collecting the publications via Lens protocol to further earn income for either party. 🤯\
\
The key highlight from Share is about the authors-readers will have a closer connection with each other, and hence enable readers to be an actor and synergized with the authors, which in turn will produce fantastic hybrid creativity on the final publication! 🤯\
\
**To know more about Share:** \
Do follow their socials: \
🌐 <https://theshr.xyz>\
💬 <http://discord.gg/zwaKtm3tqN>
- **🌿 Rooting in Web3 — day 9 Introducing** [**Gummys**](https://twitter.com/Gummys_io)
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**What is Gummys?** \
Official intro:\
Gummys is a WEB 3.0-powered video and streaming platform with a fully operable product allowing users to generate income by creating, owning, and trading tokenized media content such as NFT, watching videos, and more engaging actions.\
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**Our opinion about Gummys:** \
Gummys is going to revolutionize how we going to watch TV/video in the future. Why is that case? Because imagine we could sit at home watching TV or any video in the comfort of our home sofas, and yet we can earn income! 🤯\
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However, it is not clear yet how Gummys is going to integrate Lens Protocol. However, we can only anticipate they will integrate the social elements into their platform, which is gonna be awesome.\
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**Important highlights about Gummys:** \
Through Gummys privacy measures, users have peace of mind knowing that they do not need to worry about their data being sold to third parties or a data bridge as they only need a blockchain public address to use the platform.\
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Another important mention that Gummys is a multi-award winner from various protocols! \
Such as:**\
•** 1st Prize winner at Chainlink Hackathon 2022 **\
•** Partnership with Polygon Studios\
**•** Lens/AAVE protocol Cohort 1 "The Saplings"\
\
**Do support them via their socials:**\
🌐 <https://gummys.io>\
🐦 <https://twitter.com/Gummys_io>
- **🌿 Rooting in Web3 — day 8 Introducing** [**@madfinance.lens**](https://twitter.com/madfiprotocol)
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**What is Mad Finance?**\
@madfinance.lens is the ad protocol for web3 social! 💸 \
What does this really mean? 🤔 Let us walk you through it.\
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First, we need to understand that, today, how Twitter and Facebook are free for all of us to use because the feed space is already being paid for by advertisers. But there is a little catch here, the biggest asset to these social media is actually the USERS! 🤯\
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Why? Because imagine if no users use Facebook and Twitter, there will be no advertisers willing to place their ads on their platforms. But because they're operated in Web2, these social media control how the profits are generated and everything is going into their pocket. 😭\
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Thus, similar to us, together with @madfinance.lens, we're committed to change this. Instead of giving all the profits generated from users to these big social media, we're connecting the profits back to users!\
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In @madfinance.lens, they are building a suite of products in the form of Lens modules, tools for campaign creation + distribution, and payouts via Superfluid money streams. This is real innovation! 🤯\
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If any of you are brands and creators, do join them today! \
Their first product will be carrying the idea of Lens Follow NFTs to the next level - allowing influencers and brands to utilize them as marketing campaigns! \
\
🌐 <https://madfinance.xyz> \
🐦 <https://twitter.com/madfiprotocol>
- 🌿 **Rooting in Web3 — day 7 Introducing Orb**\
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**What is Orb?**
Orb is the best place to network with web3 working professionals! Decentralized professional social media app with an end-to-end on-chain credibility system; connecting companies, projects, and people; built with Lens protocol on the Polygon chain.\
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**Our opinion about Orb:** \
Undoubtedly, [Orb](https://twitter.com/orbwagmi) is going to revolutionize how recruiter going to hire and job seekers curate their "profile" to get hired in the future!\
It is an interesting angle from Orb, imagine we don't need a CV to find a job anymore in the future! 🤯\
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**Key features:**\
• Decentralized Professional Profile\
• Hangout with web3 community\
• Learn & get NFTs\
• Explore web3 Jobs\
\
**Interested to know more about** [**Orb**](https://twitter.com/orbwagmi)**?** \
Recently they opened early access for users to use their dApp, do check them out more below: \
🌐 **Website**: <https://orb.ac> \
💬 **Discord**: <https://discord.com/invite/mpeFuy4Bh7>
- **🌿 Rooting in Web3 — day 6 Introducing @clipto.lens**
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**What is Clipto?** \
From Clipto official intro: Clipto is a crypto version of Cameo. You can request videos from your favorite celebrities or become a creator and make clips for your fans!\
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**How** [**Clipto**](https://twitter.com/CliptoDAO) **is born?** \
When popular crypto Twitter star [@](https://twitter.com/gabrielhaines)gabriel.lens's application to Cameo got rejected, this motivated Gabriel to start Clipto which does not discriminate against creators and will be done in a decentralized trustless manner. 🤯\
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**Engage to Earn**\
When creating clipto from writing/curating script, select the best creator to deliver, and ultimately performed by the creator. This promotes E2E rewards for both users and creators who have created the most engaging pieces of content in Clipto! 🤯\
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**Direct engagement with fans!**\
Creators love Clipto because it provides them with the opportunity to engage on a personal level with their fans that value them most. Also crucial to mention, Clipto is trustless it is by definition anon friendly!\
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**Bounty 💰👀**\
Clipto has a bounty program that can be used to entice new creators to join the platform. For example, if you want Joe Biden to say GM you could put null million into a bounty contract which can be claimed by Joe if he were to upload and mint said video.\
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**Interested to know more about** [**Clipto?**](https://twitter.com/CliptoDAO)
Never doubt, Clipto is going to take lead and revolutionize the user-creator way of creating videos that brings impact. \
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**Learn more:**\
🌐 <https://www.clipto.io/>\
💬 <https://discord.com/invite/fpVMmerNZm>
- **Rooting in Web3 — day 4 Introducing Lenstube 🎥**\
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**What is Lenstube?** \
Lenstube is a decentralized video-sharing social media platform, built with @LensProtocol 🌿. \
What is that really mean? 🤔 \
Let me walk you through it!\
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In Web3, it is all about decentralized this and decentralized that. So in this context, what it really means is that a video being decentralized is being uploaded to "IPFS".
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**What is IPFS?**\
"IPFS" or InterPlanetary File System is a protocol and P2P network for storing and sharing data in the distributed file system. This allows the same content could be retrieved from anywhere! In simple meaning, every video uploaded to [Lenstube](https://twitter.com/lenstubexyz) is going permanently forever! 🤯\
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**What Lenstube is solving?**\
One practical major problem Lenstube is solving is a situation that happened to @lofigirl. Just recently, a video by @lofigirl has been "mistakenly" taken down due to "false copyright strikes" by Youtube.\
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**Be responsible for uploading video to IPFS**\
Well... you might be thinking it is useful and might be quite alarming at the same time. We understand... It is always been a similar situation when a new technology is invented, someone could abuse it or either use it for good.\
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In order to build an open world, we all have our parts to play and responsibility to ensure good. I'm pretty sure Lenstube already has this regulation in place and continues to improve. In decentralization, no one can't take down what you uploaded, so please be responsible!
- **Introducing @phaver.lens** 🦄
**What is Phaver?**
Phaver is an awesome social platform with one of the key highlight features that enable share-to-earn. It works with whoever curates the most interesting stuff either online or offline can be rewarded.
Pretty amazing right? There's more. 😎
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**Feature Highlight**
Another important highlight is about creating value. As a user, it is crucial to create value, and Phaver values it, so in turn, contributors who contribute valuable content will get rewarded! 🤯
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**Daily Staking**
Important to point out, that currently every day if you participate in their dApp, you will be given 5 tokens to stake on the 5 best posts on Phaver. Which in turn will be rewarded in relation to how popular the staked post evolves.
**(Not an financial advice!)**
They did mention there will be a public launch, and every upvote and Phaver points you earned before the launch could be exchanged for their tokens, so better be early if you want to get their tokens for free!\
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**Do you like this kind of post?**\
We have just started our theme party.\
For the next following 9 days, we're going to introduce to you all the awesome dApps in @LensProtocol\
\
👉 Do visit our app: [**https://app.teaparty.life/**](https://app.teaparty.life/)\
[💬](https://app.teaparty.life>💬) Join Discord here: [**https://discord.gg/36AKSBMu3w**](https://discord.gg/36AKSBMu3w)
- How far can we make my party degen #520 go? Mirror this for some spiked $TEA 🤑
Now.. what if $TEA was streaming to your wallet (up to a cap) each second that my degen was allowed to live on your feed? 👀
- **Introducing @phaver.lens** 🦄
**What is Phaver?**
Phaver is an awesome social platform with one of the key highlight features that enable share-to-earn. It works with whoever curates the most interesting stuff either online or offline can be rewarded.
Pretty amazing right? There's more. 😎
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**Feature Highlight**
Another important highlight is about creating value. As a user, it is crucial to create value, and Phaver values it, so in turn, contributors who contribute valuable content will get rewarded! 🤯
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**Daily Staking**
Important to point out, that currently every day if you participate in their dApp, you will be given 5 tokens to stake on the 5 best posts on Phaver. Which in turn will be rewarded in relation to how popular the staked post evolves.
**(Not an financial advice!)**
They did mention there will be a public launch, and every upvote and Phaver points you earned before the launch could be exchanged for their tokens, so better be early if you want to get their tokens for free!\
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**Do you like this kind of post?**\
We have just started our theme party.\
For the next following 9 days, we're going to introduce to you all the awesome dApps in @LensProtocol\
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👉 Do visit our app: [**https://app.teaparty.life/**](https://app.teaparty.life/)\
[💬](https://app.teaparty.life>💬) Join Discord here: [**https://discord.gg/36AKSBMu3w**](https://discord.gg/36AKSBMu3w)