so back to the security budget
Shit Punk Says
Oceans of Wisdom
19,158
matching drops
#1459158
2026-09-22 15:17
it will get farmed
won't work if you then go copy it openly
getting the TDH alignment needed a lot of patience by me, a bear market etc
this will also be unique
it was a moment in time
there is a reason that model only worked once
it is unique
BTC though cannot be replicated
not holders
revenue goes to miners
BTC is, well, $0
ETH is like $25M (the burned ETH)
yup, solana true protocol revenue (not fees) is like $4M/month
lol. Really?
and one more twist
and Solana is $87B market cap and we are $100M
just #3
is like 1/12th the total Solana protocol revenue
the current figures for this
this is a huge security budget
so sources of security budget are:
1/ token issuance (TBD what that is worth, but I think it will be ok)
2/ transaction fees in the token
3/ ETH (or SOL or BTC or whatever) from TDH/Shadow TDH projects
that type of thing
this is your supporter card
I want to spend my post-ASI rocket to the far side of the moon
it can be a form of crowd-fundraising too
that can hold anything inside
NFT is an empty shell
it should be actual journalism or science projects or 'go to space' or whatever
in 10 years it should not be primarily pepes
i would like to see 'improvement in breadth'
If we assume edition size growth over time, then it is fair to assume improvement in quality as well.
but actually directly generates value
not self-referential, semi-ponzi like all chains are
that is completely outside the chain
there is a revenue stream
said NFTs are not just memes, not even just art, but anything of value
we pick good NFTs
but assuming the curation holds
i mean 2009
given it is 2025, not 2013
vs BTC
maybe a bit front-loaded
yes
it will be top 3 I think
it is a huge security budget
block rewards are BTC-like token issuance + transaction fees + revenue
you need security forever
they need to mine forever
what do you mean not mining
Hmm interesting. So the miners then are coming into existence, but not mining? Coz the pool is exhausted? Or you curve it down?
Of course it is "investable" - it is incredible "investable". what I am saying is that I do not want to sell shares in a company with the centralization issues that would occur (even though it is in my immediate self-interest to do so).
I want people to invest by buying the NFTs
There is no end-date to The Memes re #2
1/ Token should be fixed supply: 21,000,000,000
2/ TDH can't be permanently fixed but the amount that can exist at any point is knowable and fixed
Yes very clear. Once you fix the end date, hard cap of TDH is established.
It is also easy then to run a valuation model as this is one of the few revenue generating projects in nft land. so if TDH powers token, then earning per token can be precisely calculated even now. And then a growth multiple can be applied in a very methodical way making assumptions on increase in edition size.
Shadow TDH (if we are still at 2X the total amount conclusion from before) only increases the surface area for experimentation and more sources of revenues, but doesn’t change anything fundamental.
Know that you don’t want outside fiat investments, but it will be a very investable chain.
So even without dilution on TDH (equity and hash power), it may be possible to raise separately just for the chain.