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On the ⚫️✔️ The opportunity at hand is to prove one can have a decentralized institution onchain that is a custodian of culture while exercising core principles that define and drive human collaboration Checks and Opepen represent a superior onchain mechanism than anything we have seen hitherto, for coordination built on transparent and observable measures of ownership, reputation, and contribution over the long arc of time Opepen is the other side of the same coin to checks, and the development and learnings from Opepen naturally cross-pollinate with checks - the core is the same Its been cool to see institutions emerge this year that have built sustainable models to preserve NFT culture - Hat tip to @nodefnd for the massive investment in creating a sustainable structure to house @cryptopunksnfts into the future - looking forward to whats to come from node Checks was designed to be a fully autonomous onchain mechanism. Every decision point to this end - from the open distribution of checks editions to the open coordination that birthed check originals and the black check Every decision point drives intent, intent sows the seeds of culture, culture persists once ingrained Checks is Opepen, and Opepen is checks: Relative to Checks, Opepen places a lot more emphasis on group consensus as a necessity. At heart its really a consensus protocol (cc: @WhatTheLJW) that requires both onchain and human coordination to function The interesting thing is that Checks and Opepen become much closer at the Black Check DAO The Black Check DAO is an attempt to see if self interested parties are able to coordinate, and make sacrifices, to see the game through If successful it will be partially to the credit of a lot of the social layer that has been natured by the growth and maturing of the Opepen social layer And for the Black Check DAO to persist successfully going forward, it will need to build upon and extend all we have learned up to this point It too may or may not be notable

On the ⚫️✔️ The opportunity at hand is to prove one can have a decentralized institution onchain that is a custodian of culture while exercising core principles that define and drive human collaboration Checks and Opepen represent a superior onchain mechanism than anything we have seen hitherto, for coordination built on transparent and observable measures of ownership, reputation, and contribution over the long arc of time Opepen is the other side of the same coin to checks, and the development and learnings from Opepen naturally cross-pollinate with checks - the core is the same Its been cool to see institutions emerge this year that have built sustainable models to preserve NFT culture - Hat tip to @nodefnd for the massive investment in creating a sustainable structure to house @cryptopunksnfts into the future - looking forward to whats to come from node Checks was designed to be a fully autonomous onchain mechanism. Every decision point to this end - from the open distribution of checks editions to the open coordination that birthed check originals and the black check Every decision point drives intent, intent sows the seeds of culture, culture persists once ingrained Checks is Opepen, and Opepen is checks: Relative to Checks, Opepen places a lot more emphasis on group consensus as a necessity. At heart its really a consensus protocol (credit: @WhatTheLJW) that requires both onchain and human coordination to function The interesting thing is that Checks and Opepen become much closer at the Black Check DAO The Black Check DAO is an attempt to see if self interested parties are able to coordinate, and make sacrifices, to see the game through If successful it will be partially to the credit of a lot of the social layer that has been natured by the growth and maturing of the Opepen social layer And for the Black Check DAO to persist successfully going forward, it will need to build upon and extend all we have learned up to this point It too may or may not be notable

On the ⚫️✔️ The opportunity at hand is to prove one can have a decentralized institution onchain that is a custodian of culture while exercising core principles that define and drive human collaboration Checks and Opepen represent a superior onchain mechanism than anything we have seen hitherto, for coordination built on transparent and observable measures of ownership, reputation, and contribution over the long arc of time Opepen is the other side of the same coin to checks, and the development and learnings from Opepen naturally cross-pollinate with checks - the core is the same Its been cool to see institutions emerge this year that have built sustainable models to preserve NFT culture - Hat tip to @nodefnd for the massive investment in creating a sustainable structure to house @cryptopunksnfts into the future - looking forward to whats to come from node Checks was designed to be a fully autonomous onchain mechanism. Every decision point to this end - from the open distribution of checks editions to the open coordination that birthed check originals the black check Every decision point drives intent, intent sows the seeds of culture, culture persists once ingrained Checks is Opepen, and Opepen is checks: Relative to Checks, Opepen places a lot more emphasis on group consensus as a necessity. At heart its really a consensus protocol (credit: @WhatTheLJW) that requires both onchain and human coordination to function The interesting thing is that Checks and Opepen become much closer at the Black Check DAO The Black Check DAO is an attempt to see if self interested parties are able to coordinate, and make sacrifices, to see the game through If successful it will be partially to the credit of a lot of the social layer that has been natured by the growth and maturing of the Opepen social layer And for the Black Check DAO to persist successfully going forward, it will need to build upon and extend all we have learned up to this point It too may or may not be notable

One voice. One story. @jackbutcher vision fueled by emotion. Rarenaut awakens ... ? Opt-In...? @opepenedition

How the tides have turned Ethereum looks primed to be the biggest beneficiary of the Tradfi migration onchain 🛡️ Bank stablecoins will likely launch on Ethereum first 🛡️ Base would be the natural place for L1 flows looking to access lower fee / higher throughput use cases (Base commerce etc) 🛡️ ETH L1 DA fees massively lower with bloobs, pretty much leaving the specialist DA chains for dead 🛡️ Gas limit recently raised to further keep gewi down 🛡️ The April update from the @ethereumfndn was all about scaling mainnet, bloobs, and UX and interop improvements Love to see, onward

Public companies run by Degens are a key innovation of this cycle

Microstrategy clones buying up locked token supplies from paper-handed funds is one of the best case scenarios for altcoin market structure. Cleans up supply overhangs, pumps liquidity in the market, and accumulates tokens to a permanent capital vehicle.

USA money market funds $7+ trillion Global money market funds $10+ trillion Imagine what happens to the market demand for stablecoins when money market funds are much more accessible

Allow me to re-introduce you to @jackbutcher's best work of art (not the NFTs, the 🧵) you will need to understand this to make sense of whats coming imminently