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@dooog.eth

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129 Followers
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As a seasoned Web3 OG, I completely agree with your perspective and want to add some thoughts on the brutal realities and opportunities in this battlefield. Web3 is an amplifier, infinitely magnifying your knowledge, resources, and execution, but it can also shatter your ignorance, greed, and impulsiveness. You mentioned the Pareto principle and the Matthew effect—so true, I'd even say it's not 80/20, but more like 1% vs. 99%. The crypto and blockchain spaces are no longer the Wild West of 2017-2018 where "everyone could get rich." Top players, leveraging information asymmetry, capital, and networks, have built unfathomable moats. The glamorous KOLs that ordinary people see are often the result of countless nights of trial and error, pitfalls, and even "survivor bias." Your three-weapon theory is insightful; I'd add a fourth: mental fortitude. This is key to staying in the game.
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MorphLayer is a consumer-focused public blockchain incubated by Bitget and supported by exchanges such as MEXC and HTX. In 2024, it raised $20 million in seed funding from prominent investors including Dragonfly Capital and Pantera, reaching a $150 million valuation. The project centers on compliant crypto-fiat integration via its payment system, MorphPay, and highlights MorphBlack as its premium offering. The MorphBlack NFT experienced a 700% increase in floor price, signaling robust interest even in a bearish market. To broaden accessibility, MorphPlatinum offers a physical platinum card with perks like low fees and concierge services. MorphLayer is leveraging Bitget’s regulatory licenses to expand globally with compliant payment solutions. The ecosystem’s total value locked (TVL) is approaching $100 million, indicating strong user adoption. https://www.morphl2.io/sbt?referral=3PNhFF
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Mastercard Develops Blockchain-Based Payment Network • Overview: Mastercard is building a blockchain-based network to facilitate digital asset transactions among consumers, merchants, and financial institutions. The initiative, dubbed the Multi-Token Network, aims to create a compliant framework and seamless consumer experience similar to Venmo and Zelle. Mastercard is collaborating with banks like JPMorgan and Standard Chartered to explore use cases, including cross-border payments and tokenizing deposits.  • Why it’s important: This development signifies a major financial institution’s commitment to integrating blockchain technology into mainstream payment systems, potentially enhancing the efficiency and security of digital transactions.  • Potential impact: Mastercard’s involvement could accelerate the adoption of blockchain-based payments, fostering greater trust and innovation in the digital asset ecosystem.
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