hellosuoha

??? Brother, the sub-account is not disqualified, are you really not planning to say???

Is there anyone who just realized today, right now, that @binance alpha previously airdropped to the sub-accounts???

Just when we were having a meal, @crypto_laodong checked if the 20u GAS returned by @babylonlabs_io has arrived.

It seems we have taken a 5% share of the total low guarantee 😂, which has gone to the grandma's house in losses.

If we can reach a 3B valuation, we should be able to break even.

《Can @virtuals_io's new Genesis Save the Ecosystem? 》

As we all know, I was the one who built the group at the peak, I am also the one who got trapped at the highest point, I was the one who kept bottom-fishing, I was the one who believed the story, and I am still the one who didn't run during the rebound.

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🎗️What is Genesis?

To talk about Genesis, we have to go back to a few months ago when I discussed with @everythingempt0 how @virtuals_io should proceed next. He told me that we need to create something fair, and that’s how Genesis was born.

🎗️So let’s see how Genesis is fair?

Genesis is a protocol-level token distribution primitive that determines participants' token acquisition rights through “usage, liquidity, and coordination.”

Its goal is to eliminate issues such as market manipulation, early snipers, or monopolization by large players through contribution-based distribution logic.

🎗️What are the characteristics of Genesis?

1. Access based on points;

2. Dynamic distribution model;

3. Refund guarantee;

4. Fairness and transparency;

🎗️What are the goals and significance of Genesis?

For the AI agent team: better chip distribution, the project side cannot gain absolute control, and retail investors also do not get much, leading to a true “wealth-sharing” scenario;

For ecosystem participants (Virgens): users gain early access opportunities to top AI agent projects through contributions, with distributions based on points rather than the amount of funds. As long as they have enough points, they can achieve significant things with minimal expenditure;

For the ecosystem: it forms a closed loop with positive or negative spirals, where Virgens continually earn money, and points remain valuable, leading more people to earn points and creating a positive spiral. Conversely, if points lose value, everyone sells, leading to a negative spiral; (the points will be mentioned later)

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🍭What are Genesis points?

Genesis Points are the points within the Virtuals Protocol ecosystem, used to exchange for pre-sale qualifications for new AI projects on the Genesis Launchpad.

🍭What are the uses of points?

The purpose of points is to prevent token issuance from being manipulated by whales, ensuring retail investors have a fair opportunity to participate.

It serves as an access threshold, where consumption is done using points instead of 💰.

🍭How to obtain Genesis Points:

Create content;

Participate in community activities;

Hold $VIRTUAL tokens or stake tokens;

Purchase AI AGENTS from the ecosystem;

🍭Important notes about Genesis points:

Validity period: these points have an expiration period of 30 days. If not used, they become invalid, which enhances user activity;

Usage: these points can only be used for participation in the Genesis launchpad distribution, with no other uses;

Black box: Transferring or selling $VIRTUAL will reduce points; participating in the Genesis launchpad and then selling will also reduce points; (these are based on test results, and it's unclear if everyone experiences the same)

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💕Pros and Cons of Genesis

💕Advantages:

1. Fair distribution and anti-sniping mode;

Setting a cap for each individual prevents sniping at the opening;

2. High participation and community incentives;

Points have a 30-day validity period; if not participated in, they expire, and the sources of points require participation in activities, ensuring that effort is needed to earn points;

3. Ecosystem transparency and trust;

Everything is conducted on-chain, publicly and transparently, with no hidden operations;

4. Chips are sufficiently decentralized;

The project side cannot easily rug pull at the opening; at least, the chips won't reach that level;

💕Disadvantages:

1. The complexity of earning points raises the participation threshold;

Currently, the requirement is daily active participation, which is heading towards a situation of daily point rinsing, raising the participation threshold higher than simply investing money in the past;

2. Project side control is not centralized;

Recent projects have shown that if the project side's control is not centralized, they might just open and leave;

3. Centralized review contradictions;

Sometimes there is a trade-off between decentralization and centralization. For example, in yesterday’s project, if they wanted to rug pull, they could just stop it immediately;

💕Impacts:

1. Participating in Genesis may indicate that the project is indeed good enough;

2. People may want to join just to earn points;

3. Everyone may aim to complete daily active participation, consuming points;

And so on.

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​💖Can Genesis (help) save Virtuals?

This is indeed a good question because it raises the issue of whether a small horse can pull a big cart or a big cart can pull a small horse.

After all, the scope of Genesis is much smaller than that of Virtuals, so it can only increase participation; saving or boosting Virtuals is quite difficult.

We can only say that Genesis supports the Virtuals ecosystem.

​💖The actual conversion rate of the point incentive mechanism:

If Genesis continues to launch projects that create a “wealth effect,” then there will be people who continuously arrange points, leading to a positive cycle between virtual and vader;

​💖Return of external liquidity:

As we all know, the last wave of declines was due to a lack of liquidity, and the entire industry’s liquidity was drained. When liquidity returns, Virtual itself will attract sufficient liquidity, driving the Genesis and the entire ecosystem's project flywheel to start;

So ultimately, it still depends on whether it can “spin up,” because in the end, it all comes down to money. Those with ideals are not sad, but those without money are genuinely sad. We are all striving to live.

At the end of the writing

I have been working hard, and I can find the right direction. Sometimes, we cannot blame the project side; we can only say that the market conditions are indeed unsatisfactory.

Let’s listen to the wind and wait for the flowers to bloom.

#Virtual

4.28 Poker Morning Report:

The issue of a certain institution freezing accounts should be coming to an end, we can only say it depends on the performance of all parties involved, pulling one group while hitting another, the military strategy is well executed 🤣.

1. $BTC The workweek has arrived, we can enjoy the scene of today's ETF purchases, whether it’s a buy or a big sell-off will be revealed tonight;

2. $ETH Woke up early yesterday, then clocked out, causing the entire ETH ecosystem to clock out as well, breakfast was too early and ended up skipping work;

3. $SOL has shown a strange performance, inexplicably weakening, even though on-chain market conditions have recovered, it has dropped below 150;

4. @AlpacaFinance $ALPACA is truly a meat grinder, is this the official clock out?

5. WLFI founder meets CZ in Abu Dhabi to discuss global cryptocurrency expansion;

6. ProShares will launch three leveraged XRP futures ETFs on April 30;

7. Waterdrop Capital's Dashan: Recently, four projects launched on Binance but failed to issue tokens as agreed, investors lack countermeasures;

It shouldn’t just be a recent issue, over the past year, most projects that got listed on Binance have modified investment terms, including but not limited to $ACE;

8. Michael Saylor hints at increasing his Bitcoin holdings;

Is it true that real money can never be used up?

9. Vitalik states that account abstraction is only halfway complete, with the goal of making non-ECDSA accounts mainstream;

10. Ronin co-founder: Sky Mavis terminates partnership with Ragnarok Monster World;

11. Analyst: If the current capital flow trend continues, Bitcoin is expected to break historical highs again;

12. @HaedalProtocol's sui ecosystem project will launch on Binance Alpha on the 29th and initiate an airdrop, TGE will also occur on the 29th;

The sui ecosystem is really explosive, the only one that can keep up with sol;

13. @bonk_inu's launch platform Dragon One has become Dragon Two, Dragon Two has become Dragon One, $Hosico has become everyone's first choice;

14. $PENGU stands on 0.013 again after several months, doubling within the month, one can only say that penguins are different from other NFTs;

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Why is it raining again? 🤣, accompanied by thunder and lightning, it truly is a good day, those who sit idly have been blessed again.

#Bitcoin #Ethereum #Crypto #Solana

If you previously bought KYC on your @binance account, remember not to use it.

In the past, withdrawing funds didn’t require facial recognition; just stating what you bought was enough for deposits and withdrawals.

Now, facial recognition is mandatory; if you can’t do it, you won’t be able to withdraw.

Please take note ⚠️, a friend who used to sell KYC reminded me of this. 😑

When I learned that even the water friends could discover through Twitter who is in cahoots with whom, and that xxxx coin and xxxx coin are being manipulated by certain people, I was quite shocked.

I always thought that only I could see through it without saying it out loud, but it turns out it is so obvious?

Speaking of which, it's fine that the brothers are obviously banding together, but the selling off is just as obvious 🤣.

Shouting whatever is being sold off, if no one buys it, do they just keep shouting and cursing?

The public's perception is still quite sharp.

It seems, I mean it seems that @virtuals_io has a trend of returning.

Every rebound has been the strongest, will this time be different?

Quick update✨ on the latest things.

A Genesis item has come out, mainly offering "benefits".

Brothers, if you have any ecosystem project recommendations for bottom fishing, remember to @ me, I don't have much, just a lot of fools.☄️

4.26 Squeeze Morning Report：

Woke up to find the sky has fallen, brothers have caught a thousandfold big golden dog😭, should we start sitting here!!!

1. $BTC is quite stable, everyone is waiting for the weekend market to arrive. Now that the weekend is here, let’s see the performance;

2. $ETH is performing better than btc, not sure if there will be any issues, let’s continue to observe the situation, the overall eth ecosystem has also risen;

3. $SOL on-chain activities are starting to revive, the wealth creation movement is returning, looking forward to it;

DeFi Development Corp. plans to issue up to $1 billion in securities, part of the funds will be used to acquire Solana;

4. NASDAQ suggests that the US SEC establish classification standards for digital assets: financial securities, digital asset investment contracts, digital asset commodities, and other digital assets;

5. The Swiss National Bank refuses to include Bitcoin in the national reserves, stating that liquidity and volatility risks are too high;

6. The Federal Reserve has been accused of only superficially addressing crypto regulation, Cynthia Lummis criticizes several unchanged policies;

7. Bitwise applies to launch NEAR ETF in Delaware, SEC's attitude towards crypto funds is warming up;

This Bitwise has applied for countless altcoin ETFs;

8. Bybit’s gold and forex trading volume hit a historical high as gold prices soar;

Back to the most familiar business line;

9. Gitcoin announces the closure of its main software development department Grants Lab;

Once one of the most generous airdrops, it has come down from its pedestal;

10. TokenTable: SIGN will be distributed via TokenTable;

Currently, those holding @ethsign NFT are basically at a loss, only those who bought before @yzilabs announced their investment are making money;

11. Tether announces the results of its acquisition offer for Argentine agricultural company Adecoagro, with an acceptance rate of approximately 73.9%;

The money printing company has funds, everyone should feel that it’s natural;

12. @binance releases an important update on the funding rate settlement frequency for U-based perpetual contracts;

The speed of short squeezes will become faster and faster;

$alpaca directly performs textbook-style trading, whether using issuance as a guise or otherwise;

13. @okx is about to launch its own payment chain along with a payment card service;

14. SEC withdraws its lawsuit against Dragonchain due to the establishment of a special task force for cryptocurrency;

15. @virtuals_io $Virtual follows the market rebound, and eco-projects are also accelerating their rebound;

16. @bonk_inu $BONK launched its own pumpfun launch platform at midnight, currently dragon one has reached 40m;

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Can’t sleep, yet can’t miss sleep time, my brain is lagging behind, after all, every time a golden dog emerges, my brain is on a flight, and this time it’s on a flight from East to West Coast of the US😭.

#Bitcoin #Ethereum #Solana #Crypto

What is the overall transformation of @binance doing?

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Transformed ALPHA

As everyone notices that @binance is providing increasing support for @BinanceWallet, it reflects a growing "emphasis" on the on-chain.

Especially in the alpha channel of @BinanceWallet, there have been increasingly significant improvements.

🪶 From previously allowing any user to participate;

🪶 Then later requiring a snapshot of funds to participate;

🪶 Then requiring a purchase record in the binance wallet to participate;

🪶 Then today, limiting participation to those with alpha points;

This reflects that @binance is starting to make adjustments for users, excluding "small studios" (just people), and focusing on "large studios" (with people and funds).

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Why are project parties willing to TGE on Wallet?

The entire @binance is investing all its "resources" into @BinanceWallet, and many VC projects are starting to conduct TGE on the wallet, which is its "unique resource".

Even though the probability of going on @binance's spot market is "bleak", there are still many people rushing in.

🎗️ If the project party can't go on @binance, it might as well gamble on a contract in the wallet, or even spot;

🎗️ The airdropped portion from the project party is essentially free; it’s better to directly give it to users of @BinanceWallet for more precision, preventing airdrop hunters from getting large amounts;

🎗️ The project party can also better control the chips and won’t give away too much to retail investors;

🎗️ It’s essentially a low-cost way to go on @binance, encouraging project parties to pump the price, with similar steps transforming into ido-contract-spot paths;

It can be observed that almost all projects that conducted IDO on @BinanceWallet ended up on Perp, and several good ones made it to spot, so there’s a competitive elimination process at every step.

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Why is @binance doing this?

🌟 To give BNB a new empowerment scenario; it can't just be about launchpad, launchpool, and holder airdrop empowerment, as these take a bit of time;

🌟 To attract projects to build on @BNBCHAIN; you will notice that basically all projects are conducting TGE on @BNBCHAIN;

🌟 To promote @BinanceWallet; after all, it can’t compete with @wallet on other fronts, so it has to find a new path;

🌟 To push a decentralized narrative; this round is all about developing the on-chain narrative, but when it reaches @binance, it's all watered down, and now it needs to reverse the sentiment;

🌟 To enhance @binance's wealth effect, making everyone feel that BNB is not the end;

🌟 Everyone says @binance only lists coins with high market values, but I give everyone a chance to participate in @myshell_ai $SHELL with low market value, creating a wealth effect;

So An An has always understood its advantages; all project parties want to come up and "capture liquidity". Whether it's "the dragon vying for the phoenix" or "two dragons playing with pearls", as long as you can "perform well", I will list you.

Moreover, while utilizing its advantages, it continues to develop and expand those "advantages", enhancing BNB's ecological value, attracting quality projects, expanding the Wallet user base, and consolidating its leadership position in the crypto market.

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All resources have piled up in @BinanceWallet

Based on my conversations with some friends at binance, their statement is that currently @cz_binance's support for @BinanceWallet is akin to the support for perp back in the day, with all resources being top-notch.

🍭 @BinanceWallet has become the entry point for liquidity, which is the most attractive aspect of BNB;

🍭 @BinanceWallet is gradually modifying previously difficult-to-use areas and becoming smoother;

🍭 @BinanceWallet has become the first channel for listings;

🍭 The Alpha launched by @BinanceWallet has become a "positive news" similar to small exchanges listing coins;

So basically, you can find that all the resources from @binance are given, and they are prioritized as top-notch, as for most people, the "listing effect", "traffic intersection", and "maximum liquidity" are now all given to @BinanceWallet.

So you can clearly see the determination.

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Can the transformation succeed?

Currently, everyone regards @BinanceWallet as a "pocket money" channel; most people are just rushing for each IDO.

User retention isn't important; it just depends on whether it can make users develop a habit of coming to claim a few dozen U or even a few hundred U each time.

For project parties, they really like it, as the low-cost path to go on binance is basically opened.

Whether it goes up or down can also be seen from the operation methods; after all, once you go on a contract, you start cutting losses, and when you go on the spot, you won’t end up with a "guillotine", right?🤣.

So will @cz_binance's big brother this time on @BNBCHAIN create a "wealth effect" like last round?

After all, among the projects that did IDO on @BinanceWallet, only @myshell_ai has truly made everyone a lot of money, rising 400% from the bottom😂.

All the new coins launched on @binance now, if they don't drop on the first day, are all waiting for the announcement from @Official_Upbit.

If we end up not waiting, then it's time to clock out🤣.

Looked at $HYPER, it clocked out very early, today everyone is shouting about $INIT, probably also waiting for the same effect.

To be honest, it's one of the more expensive new coins recently😂, while everyone is at 80M, you’re at 1B👀.

Brothers, come and comment on the new rules of @binance and @BinanceWallet.

From now on, it's going to be increasingly difficult for brothers to earn, so will you still use @BinanceWallet?

After all, it looks like 😂.

4.24 Poker Morning Report:

One can only say that the Trump family's ability to make money is remarkable, being the first to trade cryptocurrencies and stocks with their mouth.

1. $BTC is oscillating upward, fluctuating between 92,000 and 94,000. Currently, gold has dropped, and digital gold is still fluctuating. The question is whether to follow U.S. stocks or gold; at least for now, it seems strong;

2. $ETH gives everyone a feeling of nostalgia, and many people who habitually short ETH are currently trapped;

3. $SOL's on-chain market is recovering, overall stabilizing; it depends on whether the overall market can maintain stability;

The Solana Foundation is adjusting its delegation plan, reducing dependence on some old validators;

SOL Strategies has reached a $500 million convertible note financing agreement, intended for increasing SOL holdings;

4. Trump will hold a dinner for the top 220 $TRUMP holders;

Directly $TRUMP takes off, trust TRUMP to make big money;

5. Cantor Fitzgerald, SoftBank, Bitfinex, and Tether jointly launched a $3.6 billion Bitcoin project named Twenty One;

6. The SEC is discussing cross-border regulatory sandbox cooperation with El Salvador's digital asset agency, focusing on real estate and financing tokenization pilot projects;

7. The Zora token airdrop launched without announcement, causing confusion among users, requiring manual claiming;

Most people's airdrop amounts were directly halved, with only @base founder @jessepollak having a significant amount;

8. Alabama has rescinded its enforcement action against Coinbase's staking services;

9. The U.S. SEC chairman will attend a cryptocurrency roundtable on April 25 and give a speech;

10. U.S. Treasury Secretary: America First doesn't mean America 'does it alone', still hoping to cooperate with allies;

11. Trump: There has never been a plan to fire Powell; all are false statements spread by the media;

12. Market news: The U.S. SEC confirms receipt of VanEck's application documents for a spot Avalanche ETF;

$AVAX is among the first to apply for an ETF in the last round, and has a good relationship with Wall Street;

13. Foreign media reports further easing of trade tensions, causing U.S. stocks to rebound sharply;

14. Goplus has directly developed an AI to check ca on Twitter @AppGoPlus;

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Previously, the first thing I did upon waking up was write the morning report, but this morning I went hiking first and then completely forgot 😂, always feeling like there's something I haven't done, xs.

Recently, the market is doing well; everyone hang in there.

#Bitcoin #Ethereum #Crypto #Solana