Profile of ApePrince in Optimism

Posts by ApePrince

• Message to Optimism community from Wintermute by ApePrince - No Role
  Posted on: June 9, 2022, 1:43 a.m.
  Content: why is everyone thanking these guys!?This should have been mentioned to the community way before this and this is not how transparency works. As the community is very disappointed in the teams and how things were handled up to this point. Market makers dumping the price in order to buy back ( the reality of what is happening so far) is not a great thing for a project. Optimism was a great concept and we had high hopes for this; the community have now lost the trust. Now there will be plenty of guys from both teams coming here and slamming this message saying this and that. Go for it! - Reality is the teams should have been transparent before this! They should have communicated this within 48 hrs max. Those who knew already cashed out of the air drop and now talking about getting the next one. unbelievable ! Keep in mind the market makers are not here on goodwill. They will make their money one way or another. This is just wrong on so many levels.
  Likes: 13 Replies: 1
  Likers: nicoproducto, zzz, hqwangningbo, midnightpastel, cp287, hai, max.op, levx, opsb, yolo, kairy09, dogstartaylor, hait
  Replies:

  • OPUser: well you are right about lack of transparency from OP team, messing up the airdrop, before bashing at me, remember they had all the time for infra setup, deleting post on this gov portal and now this. Its not looking good at all. Does anyone knows when did this happened ? before the airdrop was live or after ?
• Message to Optimism community from Wintermute by ApePrince - No Role
  Posted on: June 8, 2022, 9:43 p.m.
  Content: why is everyone thanking these guys!?This should have been mentioned to the community way before this and this is not how transparency works. As the community is very disappointed in the teams and how things were handled up to this point. Market makers dumping the price in order to buy back ( the reality of what is happening so far) is not a great thing for a project. Optimism was a great concept and we had high hopes for this; the community have now lost the trust. Now there will be plenty of guys from both teams coming here and slamming this message saying this and that. Go for it! - Reality is the teams should have been transparent before this! They should have communicated this within 48 hrs max. Those who knew already cashed out of the air drop and now talking about getting the next one. unbelievable ! Keep in mind the market makers are not here on goodwill. They will make their money one way or another. This is just wrong on so many levels.
  Likes: 12 Replies: 1
  Likers: NicoProducto, zzz, hqwangningbo, midnightpastel, cp287, hai, max.op, opsb, YoLo, Kairy09, dogstartaylor, hait
  Replies:

  • OPUser: well you are right about lack of transparency from OP team, messing up the airdrop, before bashing at me, remember they had all the time for infra setup, deleting post on this gov portal and now this. Its not looking good at all. Does anyone knows when did this happened ? before the airdrop was live or after ?
• Dedicated fund to attract Play-to-earn apps into Optimism Network! by ApePrince - No Role
  Posted on: June 7, 2022, 9:19 p.m.
  Content: Next big trend in crypto? The explosion of play-to-earn games in the blockchain has been spectacular. In 2022 , play to earn coins in the market were the fastest growing assets. The utilities they represent and the general enthusiasm that gamers have about blockchain gaming . AXS and GODS are major play-to-earn tokens that are extracting the most benefit. Play to Earn incentivizes players to play for rewards. The integration of NFTs into Play-to-Earn games is bringing a new dimension. All major blockchain developers and investors are backing blockchain games. “Crypto economies have already begun to shape the future of work. They blend how we play, learn, organize, socialize, and create, with ownership and income generation. In this sense, what is currently transpiring is much broader than work,” Stephen McKeon, Professor at University of Oregon. Play-to-Earn, also referred to as ‘GameFi,’ aims at turning regular users into a governing force behind major decisions within the gaming industry. GameFi facilitates a player-owned economy when it comes to trading valuables as well as generating additional income with non-fungible tokens. The player-owned system is implemented through governance tokens, which can be represented as various game assets. Each governance token gives its owner the power to take part in the game’s development and internal fund allocation, with that power, of course, being proportional to the amount of tokens each user holds. This type of system is transparent for everyone and ensures fairness in item trading between players. Players can also receive a share of the game’s revenue while enjoying the gameplay. Conventional game business models are generally designed so that all revenue goes to the publisher. In contrast, crypto games strive to build player-owned universes, allowing players the freedom to both play and earn. “The spike of popularity in play-to-earn plays a major role in cryptocurrency adoption on the whole. The opportunity to earn decent money through Play 2 Earn games can be life-saver for people in developing countries. The crypto environment gamification makes it easier to accept the DeFi ideology, which is bound to advance the way of doing business and our everyday life,” says Sasha Ivanov, Founder of Waves Protocol. Lets look at WAX network for case study FUrIalPUYAA 15 VH 2048 × 1152 134 KB Play-to-earn apps like AlienWorldsand, FarmersWorldNFT have accrued a massive user base, almost doubling the count of apps on competing chains on wax network. Benefits to Optimism Network from Play to earn games This can attract new segment of crypto users to the network. These games can deliver massive L 2 adaption More users mean more TVL ( Total value locked) Increases the transaction count and wallet accounts More revenue ( fees ) from transactions. More revenue is more incentives for optimism ecosystem The financial benefits of these games are a huge incentive for players and network, which is why the P 2 E industry is growing so rapidly. In order to attract this opportunity Optimism should act fast and compete with other networks. Public good incentives ( a separate gaming fund ) will be great addition to attract new projects to optimism network in this completive GameFi market.
  Likes: 3 Replies: 0
  Likers: icequeen, vonnie610, norswap
  No replies yet.
• Dedicated fund to attract Play-to-earn apps into Optimism Network! by ApePrince - No Role
  Posted on: June 7, 2022, 9:19 p.m.
  Content: Next big trend in crypto? The explosion of play-to-earn games in the blockchain has been spectacular. In 2022 , play to earn coins in the market were the fastest growing assets. The utilities they represent and the general enthusiasm that gamers have about blockchain gaming . AXS and GODS are major play-to-earn tokens that are extracting the most benefit. Play to Earn incentivizes players to play for rewards. The integration of NFTs into Play-to-Earn games is bringing a new dimension. All major blockchain developers and investors are backing blockchain games. “Crypto economies have already begun to shape the future of work. They blend how we play, learn, organize, socialize, and create, with ownership and income generation. In this sense, what is currently transpiring is much broader than work,” Stephen McKeon, Professor at University of Oregon. Play-to-Earn, also referred to as ‘GameFi,’ aims at turning regular users into a governing force behind major decisions within the gaming industry. GameFi facilitates a player-owned economy when it comes to trading valuables as well as generating additional income with non-fungible tokens. The player-owned system is implemented through governance tokens, which can be represented as various game assets. Each governance token gives its owner the power to take part in the game’s development and internal fund allocation, with that power, of course, being proportional to the amount of tokens each user holds. This type of system is transparent for everyone and ensures fairness in item trading between players. Players can also receive a share of the game’s revenue while enjoying the gameplay. Conventional game business models are generally designed so that all revenue goes to the publisher. In contrast, crypto games strive to build player-owned universes, allowing players the freedom to both play and earn. “The spike of popularity in play-to-earn plays a major role in cryptocurrency adoption on the whole. The opportunity to earn decent money through Play 2 Earn games can be life-saver for people in developing countries. The crypto environment gamification makes it easier to accept the DeFi ideology, which is bound to advance the way of doing business and our everyday life,” says Sasha Ivanov, Founder of Waves Protocol. Lets look at WAX network for case study FUrIalPUYAA 15 VH 2048 × 1152 134 KB Play-to-earn apps like AlienWorldsand, FarmersWorldNFT have accrued a massive user base, almost doubling the count of apps on competing chains on wax network. Benefits to Optimism Network from Play to earn games This can attract new segment of crypto users to the network. These games can deliver massive L 2 adaption More users mean more TVL ( Total value locked) Increases the transaction count and wallet accounts More revenue ( fees ) from transactions. More revenue is more incentives for optimism ecosystem The financial benefits of these games are a huge incentive for players and network, which is why the P 2 E industry is growing so rapidly. In order to attract this opportunity Optimism should act fast and compete with other networks. Public good incentives ( a separate gaming fund ) will be great addition to attract new projects to optimism network in this completive GameFi market.
  Likes: 3 Replies: 0
  Likers: icequeen, vonnie610, norswap
  No replies yet.
• Dedicated fund to attract Play-to-earn apps into Optimism Network! by ApePrince - No Role
  Posted on: June 7, 2022, 5:19 p.m.
  Content: Next big trend in crypto? The explosion of play-to-earn games in the blockchain has been spectacular. In 2022 , play to earn coins in the market were the fastest growing assets. The utilities they represent and the general enthusiasm that gamers have about blockchain gaming . AXS and GODS are major play-to-earn tokens that are extracting the most benefit. Play to Earn incentivizes players to play for rewards. The integration of NFTs into Play-to-Earn games is bringing a new dimension. All major blockchain developers and investors are backing blockchain games. “Crypto economies have already begun to shape the future of work. They blend how we play, learn, organize, socialize, and create, with ownership and income generation. In this sense, what is currently transpiring is much broader than work,” Stephen McKeon, Professor at University of Oregon. Play-to-Earn, also referred to as ‘GameFi,’ aims at turning regular users into a governing force behind major decisions within the gaming industry. GameFi facilitates a player-owned economy when it comes to trading valuables as well as generating additional income with non-fungible tokens. The player-owned system is implemented through governance tokens, which can be represented as various game assets. Each governance token gives its owner the power to take part in the game’s development and internal fund allocation, with that power, of course, being proportional to the amount of tokens each user holds. This type of system is transparent for everyone and ensures fairness in item trading between players. Players can also receive a share of the game’s revenue while enjoying the gameplay. Conventional game business models are generally designed so that all revenue goes to the publisher. In contrast, crypto games strive to build player-owned universes, allowing players the freedom to both play and earn. “The spike of popularity in play-to-earn plays a major role in cryptocurrency adoption on the whole. The opportunity to earn decent money through Play 2 Earn games can be life-saver for people in developing countries. The crypto environment gamification makes it easier to accept the DeFi ideology, which is bound to advance the way of doing business and our everyday life,” says Sasha Ivanov, Founder of Waves Protocol. Lets look at WAX network for case study FUrIalPUYAA 15 VH 2048 × 1152 134 KB Play-to-earn apps like AlienWorldsand, FarmersWorldNFT have accrued a massive user base, almost doubling the count of apps on competing chains on wax network. Benefits to Optimism Network from Play to earn games This can attract new segment of crypto users to the network. These games can deliver massive L 2 adaption More users mean more TVL ( Total value locked) Increases the transaction count and wallet accounts More revenue ( fees ) from transactions. More revenue is more incentives for optimism ecosystem The financial benefits of these games are a huge incentive for players and network, which is why the P 2 E industry is growing so rapidly. In order to attract this opportunity Optimism should act fast and compete with other networks. Public good incentives ( a separate gaming fund ) will be great addition to attract new projects to optimism network in this completive GameFi market.
  Likes: 3 Replies: 0
  Likers: IceQueen, vonnie610, norswap
  No replies yet.
• Optimism $OP Buyback and Burn to increase price of the token! by ApePrince - No Role
  Posted on: June 7, 2022, 7:58 a.m.
  Content: How can we increase demand for the $OP token if it’s not going to be used for gas? How do we make sure that $OP does not just become another worthless governance token? Here’s an idea: A token that generates $ETH for stakeholders (or stakers) while simultaneously burning itself EIP- 1559 style with every transaction. Here’s how it would work in theory: Users transact on Optimism > Gas fees are paid in $ETH > L 1 Fees are subtracted > Leftover fees get added to the treasury > the treasury uses 20 - 30 % of $ETH generated to buy and burn $OP > 70 - 80 % of the $ETH fees that’s left gets spread across staked $OP tokens. This way, the Optimism economy is perpetually rewarding itself as usage grows, while being able to incentivize growth with a token that has created a “value” loop as antidote to the worthless governance token sickness. Assets that generate $ETH for their holders will significantly outperform in the long run imo. $OP can either become one of these assets or eventually be vampire attacked by an anon team. This only concerns “revenue” generated from transaction fees and what to do with it. Not related to the community fund of $OP tokens that reward projects or charities etc. Original post is below The best of both worlds ($OP/$ETH) ? Ideas & Feedback There seems to have been quite the debate lately on whether or not to use $OP as the token for gas payments. While this may look like the most uniform and best way to go, some users have rightfully pointed out that this mechanism is terrible for value accrual towards the $OP token itself. The reason for this is because Optimism’s security still comes from Mainnet Ethereum. Hence the fees for this security need to be paid in Ether. This means that the protocol becomes a perpetual seller of its…
  Likes: 3 Replies: 0
  Likers: preacher, dwarfpaladin, hait
  No replies yet.
• Optimism $OP Buyback and Burn to increase price of the token! by ApePrince - No Role
  Posted on: June 7, 2022, 7:58 a.m.
  Content: How can we increase demand for the $OP token if it’s not going to be used for gas? How do we make sure that $OP does not just become another worthless governance token? Here’s an idea: A token that generates $ETH for stakeholders (or stakers) while simultaneously burning itself EIP- 1559 style with every transaction. Here’s how it would work in theory: Users transact on Optimism > Gas fees are paid in $ETH > L 1 Fees are subtracted > Leftover fees get added to the treasury > the treasury uses 20 - 30 % of $ETH generated to buy and burn $OP > 70 - 80 % of the $ETH fees that’s left gets spread across staked $OP tokens. This way, the Optimism economy is perpetually rewarding itself as usage grows, while being able to incentivize growth with a token that has created a “value” loop as antidote to the worthless governance token sickness. Assets that generate $ETH for their holders will significantly outperform in the long run imo. $OP can either become one of these assets or eventually be vampire attacked by an anon team. This only concerns “revenue” generated from transaction fees and what to do with it. Not related to the community fund of $OP tokens that reward projects or charities etc. Original post is below The best of both worlds ($OP/$ETH) There seems to have been quite the debate lately on whether or not to use $OP as the token for gas payments. While this may look like the most uniform and best way to go, some users have rightfully pointed out that this mechanism is terrible for value accrual towards the $OP token itself. The reason for this is because Optimism’s security still comes from Mainnet Ethereum. Hence the fees for this security need to be paid in Ether. This means that the protocol becomes a perpetual seller of its…
  Likes: 3 Replies: 0
  Likers: preacher, dwarfpaladin, hait
  No replies yet.
• Users who sold the initial OP airdrop should become ineligible for all future airdrops by ApePrince - No Role
  Posted on: June 7, 2022, 7:16 a.m.
  Content: 0 xWeston: This feels more like a witch hunt then anything else. Which is what the entire past couple months have felt like to be blunt with all the “sybil attackers” and other nonsense that has consumed so much time. Hundreds of applications could have been built and deployed to Optimism with time spent ticking boxes and this is not how I envision a decentralized and prosperous Collective to function; not in the least. Exactly. : 100 : agree with time wasting time and resources just to find few sybils. Unfortunately the same results the token dumped to the max. no value added to the time spend and resources. 0 xWeston: To thrive; there is not enough bandwidth then 100 % focus by all involved here on bringing assets and talent : 100 :
  Likes: 1 Replies: 0
  Likers: 0xweston
  No replies yet.
• Karma - Dashboard showing delegate reputation by ApePrince - No Role
  Posted on: June 7, 2022, 4:17 a.m.
  Content: Great Idea : 100 : supporting this!
  Likes: 1 Replies: 0
  Likers: mmurthy
  No replies yet.
• Users who sold the initial OP airdrop should become ineligible for all future airdrops by ApePrince - No Role
  Posted on: June 7, 2022, 4:04 a.m.
  Content: Voting Rights - People who have sold your right have given up the fundamental right of democracy in a decentralized economy or in this case Optimism Network. Reason is no incentive to hold the voting right currently. Violation of the right - No it is not. Since all token holders have delegated their right to representatives. President Truman: vote is the best way of getting the kind of country and the kind of world you want.” Rather than talking about the next Airdrop ( Money grab ) talk about important improvements that can bring towards the voting process. ** :red_circle: :star 2 : :red_circle:** Idea! May lock the $Op tokens when delegating until the voting is done. Give those who locked up $Op some incentives like staking reward Those who participate in the delegation ( token locked ) can get more staking rewards or the next airdrop. Then citizens will be more loyal to the process and it will add value to the ecosystem. Rather than just selling the Air drop in the first day or first week then people will hold it and participate in the new governance process. This creates a demand for the voting rights and the $Op token. Personal note: the current process. It’s a failed experiment. This should be fixed!
  Likes: 1 Replies: 0
  Likers: jeremylau
  No replies yet.