yoots (@yoots) • Hey
yoots (@yoots) • Hey
Publications
- **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
- Bring your Crocs to ETH Tokyo tomorrow
- 🌊🌊🌊 Lens Updates 🌊🌊🌊
Finally, the mirrors are back! In case you didn't understand what happened, let me explain a bit. Apparently, there were many bots using the mirror 👀 and two weeks ago, it reached a point where it congested the network, and we couldn't publish, make collect, or mirrors. Now it seems to have been fixed, and applications that have the dispatcher activated (which basically means that Lens pays the gas for the transactions) are finally back.
Since we're talking about the dispatcher, Lens released an update with this functionality. Now only high-value accounts will have free transactions, and low-value accounts will have to pay for the gas of all their transactions, such as posts, comments, mirrors, etc. Try making a mirror of this post and see if it charges you or not 👀.
And the last Lens news is that they implemented a filter for notifications. Now, only the most important ones should reach you. I really want to see which notifications you guys get. How has it worked for you? Remember that in some apps like Lenster, you can disable it if you want.
Now let's move on to Wav3s news. In case you didn't notice, the mobile version is now 100% functional, along with Wallet Connect. We also took advantage of the time when the mirror wasn't available to keep improving the application. Now it works pretty well, and we fixed all the bugs we had. So go ahead and make a Wav3 🌊.
A couple of weeks ago, Messari published an article analyzing the Lens protocol. It revealed some interesting facts, such as Wav3s being the fourth most popular application of the Lens protocol in February and March, with a staggering 450% growth, making it the fastest growing app during that period. The article also showed that interactions on the platform increased significantly. Between January and February, the number of posts doubled, comments increased 5x, and mirrors increased 10x! Is it just a coincidence? I don't think so.
And since we're talking about ourselves, we're still raising investment, and we're allocating a percentage so that our beautiful community can invest from 200 Matic. We're doing this on a platform called Syndicate, so if you're looking to invest in the fastest-growing app, now is your chance. In a little while, we'll be doing a Twitter Space to explain a bit better.
And to stay informed and be part of this great community that is growing day by day, join our Discord! 💬👨💻🚀
https://discord.gg/3hJYPaSc3g
- 🌊🌊🌊 Lens Updates 🌊🌊🌊
Finally, the mirrors are back! In case you didn't understand what happened, let me explain a bit. Apparently, there were many bots using the mirror 👀 and two weeks ago, it reached a point where it congested the network, and we couldn't publish, make collect, or mirrors. Now it seems to have been fixed, and applications that have the dispatcher activated (which basically means that Lens pays the gas for the transactions) are finally back.
Since we're talking about the dispatcher, Lens released an update with this functionality. Now only high-value accounts will have free transactions, and low-value accounts will have to pay for the gas of all their transactions, such as posts, comments, mirrors, etc. Try making a mirror of this post and see if it charges you or not 👀.
And the last Lens news is that they implemented a filter for notifications. Now, only the most important ones should reach you. I really want to see which notifications you guys get. How has it worked for you? Remember that in some apps like Lenster, you can disable it if you want.
Now let's move on to Wav3s news. In case you didn't notice, the mobile version is now 100% functional, along with Wallet Connect. We also took advantage of the time when the mirror wasn't available to keep improving the application. Now it works pretty well, and we fixed all the bugs we had. So go ahead and make a Wav3 🌊.
A couple of weeks ago, Messari published an article analyzing the Lens protocol. It revealed some interesting facts, such as Wav3s being the fourth most popular application of the Lens protocol in February and March, with a staggering 450% growth, making it the fastest growing app during that period. The article also showed that interactions on the platform increased significantly. Between January and February, the number of posts doubled, comments increased 5x, and mirrors increased 10x! Is it just a coincidence? I don't think so.
And since we're talking about ourselves, we're still raising investment, and we're allocating a percentage so that our beautiful community can invest from 200 Matic. We're doing this on a platform called Syndicate, so if you're looking to invest in the fastest-growing app, now is your chance. In a little while, we'll be doing a Twitter Space to explain a bit better.
And to stay informed and be part of this great community that is growing day by day, join our Discord! 💬👨💻🚀
https://discord.gg/3hJYPaSc3g
- Get started setting up your wallet: https://docs.linea.build/use-linea/set-up-your-wallet…
Deploy your first contract: https://docs.linea.build/developers/quickstart…
Read help articles: https://support.linea.build/hc/en-us
Post questions, feedback, and issues: https://community.linea.build
- We're now on Lenster!
Read our first blog to learn more about our approach to scaling Ethereum, and find out how to get involved in our upcoming NFT testnet voyage.
https://linea.mirror.xyz/6G30hwV2wPs_wPv0VEgHYaIdghMkIQaad-OI_0br1hM
- White Rabbit
- I earned 200 matic from couple of posts I did yesterday. I want to put then funds back to circulation in Lens, so whats the most recent paid collects I should collect? Share below 👇
- I can't believe Justin Timberlake actually said this in the movie
- I can't believe Justin Timberlake actually said this in the movie
- It me by @paris.lens
- Can you guess this theme?
Heey! I am back!🌸Sorry I haven't been posting lately. I am preparing for a solo recital, gotta practice a lot 😉
One of my favorite things to do is to mimic other composers. I learn so much from it...Ravel's music is magical.
#piano #classicalmusic #music #pianocover #pianomusic #pianist #pianogirl
- Fall Into The Sky Pt II
https://songwhip.com/bobpeace/fall-into-the-skyFigured i'd throw a few tastemakers on herrrre to demonstrate the radical nature of #lens revenue splits by @sasicodes.lens 🍻 111 avail for 1 matic each, 50 mirror, all proceeds split equally 5 ways b/w me, @stephguerrero.lens @sweetman.lens @musicben.lens and @lenstube.lens #bytes #music listen here btw https://songwhip.com/bobpeace/fall-into-the-sky
- Our friend Alex got an invite to a big event we were all excited about.
You were there too!
Do you remember who Alex met that was so special?
- #nftart #orrvan2 #lenster #lensview #bookart
If you like these artworks,please🔻
1️⃣ Mirror
2️⃣ Like
3️⃣ Collect
- YOOTS!!
- GM #lens frens 👋
Say it back!
What did you planned for this weekend?
- This is Lenny
- **How to get $VELA Airdrop ⚡️**
@vela_exchange is a perpetual DEX on beta.
They confirmed an airdrop to beta testers. 🪂
Here's how to position yourself for potential rewards 🧵
1/6
What is @vela_exchange?
• A self-custody perp exchange
• Launched in Mainnet this week ✅
• Raised 2.1M from various rounds
• Previously called Dexpools ($DXP). It rebranded as Vela
2/6
Features
• Forex: up to 100x leverage
• Crypto: up to 30x leverage
• Incentives for LP/traders
Product-market fit?
After the FTX collapse and a decline in trust in centralized institutions, decentralized perps have a chance to break through
3/6
What about their $VELA token?
• VELA is already trading https://dexscreener.com/arbitrum/0x4c0a68dd92449fc06c1a651e9eb1dffb61d64e18
• Airdrop was also confirmed to beta testers
4/6
Beta Timeline
• January 31st: Early Access Round 1 (for OGs)
• February 3rd / 7th: Early Access rounds 2 and 3
• February 9th for open beta access ✅ (open to everyone)
• February 14th for the end of Hyper VLP
5/6
How to potentially get $VELA 🪂
Beta participants have a good chance to get a $VELA airdrop. Although it is probably diluted, it might still be worth it.
Vela NFTs
They gave their 2nd NFT collection to attendants of their last AMA. There is a third NFT coming somewhere
6/6
What to do now?
Sign-ups are closed at the moment, but they will open soon, on Feb 9.
I'd stay alert to 🔗 app.vela.exchange and to their discord for when they announce. Keep tabs!
Full announcement: 🔗 https://medium.com/@vela_exchange/vela-exchange-monthly-update-january-2023-7485faa63109
⚡️
- **Trading Volume shouldn't be the only criterion to evaluate an NFT project, especially PFP NFT.**\n\nIf everyone is so passionate about their PFP and wants to keep it (both for the picture and join the community), why is the trading volume of top PFP always on top? \n\nWe have people who want to join the community; on the other side, the PFP project must keep its collection volume on top to receive awareness. \n\nThis contradiction is due to the reality that:\n\n- The PFP NFT space is heavy speculation because the trading volume is so easy to pump. \n\n- The community is only enjoyable to a few (if you follow a discord close enough, remove all questions, we can only see some familiar faces) \n\nThis is a lesson for other PFPs want to be success in the space. \n\n1. If you can not think of a new index to represent the popularity of a PFP collection. Deal with it and hire an NFT MM team. \n\n2. NFT x Products. If the community has the same goal, they can be connected more than ever. This is why Yuga creates its metaverse project. Yuga has a lot of PFP collections, but the communities are silos to each other. If they can have the same goal (making money on Otherside, building the metaverse,...), the silo will break.
- GM
- HEY!