I noticed that @Solv Protocol is now doing task rewards.
It’s been a while since I last heard much about $SOLV, but whenever the topic comes up, three things immediately come to mind:
1. The “1800 BTC” story.
That incident stirred up the whole space. A woman with 1800 bitcoins made headlines, creating big PR pressure for Solv. If the team had handled it poorly, it could have been disastrous. But they managed to turn the situation around — proof that even bad publicity can be flipped into something positive when managed well.
2. The Singapore Web3 crackdown debate.
Back in June, an article titled “Singapore’s Total Crackdown on Web3” made the rounds, prompting MAS to clarify that there was no “total” crackdown — just the continuation of a licensing policy set three years prior. Interestingly, the author had once worked at Solv before moving on. It was a reminder that in Web3, job stability is rare. Many projects cut down to just core devs and minimal marketing after TGE, outsourcing the rest. Meanwhile, skilled contract developers and KOLs remain in demand, able to move between projects and even run their own promotional agencies.
3. $SOLV price action.
After launching in January, $SOLV saw a sharp drop, with many KOLs criticizing the high initial price that hurt retail. But looking at it now — as BTC has climbed over the past six months, Solv’s BTC staking business has naturally benefited, and the price has been moving in a healthier range.
