Mad News #74 🔵 Once A Lad, Always A Lad
Famous Fox Federation sends Lads on quest, LAIKA allocates tokens for Mad Lads holders, 2/3 of Wormhole $W tokens distributed, details about Devcon event, blockchain gaming is #OnlyPossibleOnSolana.
Welcome to the Mad News! 📰
Famous Fox Federation sends Lads on quest, LAIKA allocates tokens for Mad Lads holders, 2/3 of Wormhole $W tokens distributed, details about Devcon event, blockchain gaming is #OnlyPossibleOnSolana and much more. Fock it.
Famous Focks Federation 🦊
Solana OG's Famous Fox Federation has placed Mad Lads on top of their weekly quests.
Nobody has gamified the holder experience quite like FFF and these missions are the tip of the proverbial iceberg.
Famous Fox Federation minted at the end of September 2021 and have cemented themselves as a bedrock of Solana NFTs and holder utility.
Since launch they have consistently built experiences for their holders along with crypto ecosystem tools like a secure asset swapper, an artists-first NFT marketplace and P2P token lending.
LAIKA allocates 300M tokens for Mad Lads 🐕
LAIKA is one of the first token projects to launch on the newest SVM/EVM compatible L2, Eclipse.
The token in question, $LAIKA, launched on October 24th and was largely distributed to Eclipse network validators.
Circulating Supply: 700 billion
Total Supply: 1 trillion
Around 6,000 holders received $LAIKA upon launch and the remaining 300 billion tokens will be vested out over the next two years.
If you have been scratching your head trying to remember how you know the Laika name then take a step back to the 1950s and the beginning off the cold war.
Laika was a Soviet space dog who was one of the first animals in space and the first to orbit the Earth.
A stray mongrel from the streets of Moscow, she flew aboard the Sputnik 2, launched into low orbit on November 3rd, 1957.
LADS AND LASSIES OF THE WEEK 💎
NFT markets have taken a beating in 2024 and paper hands have exacerbated the plunge.
One group who seem wholly unaffected are the Mad Lads holders who flood our timelines with positivity.
These constant champions are consummate representatives of both Mad Lads and Backpack.
Mad News #66 was titled "Lads Are Evangelists" and truer words could not be spoken.
Some speak with their memes, some with their artwork, others with their pocket book.
At the end of the day it is clear, damn it feels good to be a Mad Lad!
2/3 of Wormhole tokens distributed 🪙
Over 10,000 $W tokens have been distributed to Mad Lads with a Wormhole Badge in their xNFT inventory.
Roughly 5,000 $W tokens remain locked in the vesting contract, they are released at a rate of 35.16/day.
About 40% of Mad Lads NFTs are eligible for the $W claims and it will take another five months to finish the distribution.
Feeling withdrawals from seeing the team at Breakpoint? 🪙
Book your tickets to Devcon and RSVP for the MAD HOUSE - a joint event with Mad Lads, Backpack and Story Protocol.
Story allows creators to tokenize and manage their intellectual property on chain. They are enhancing IP monetization and usage rights to shift power back to the artist.
Story Network is a general purpose layer 1 blockchain optimized for handling complex data structures fast and cost-efficient.
It’s easy-to-use, EVM-equivalent and ready for your creativity.
Lads are VIPs on Backpack Exchange 📊
Traders on Backpack who hold Mad Lads NFTs automatically qualify for the VIP tier which cuts Maker and Taker fees in half.
Maker fees come from someone who places a limit order that adds liquidity to the market.
Taker fees are generated when someone places an order that immediately matches with an existing order, this removes liquidity.
Makers typically pay a lower fee compared to Takers.
Simply login to the Exchange, open the Rewards menu and follow the steps to link your wallet which holds a Mad Lad.
Eclipse builders 🤝 Backpack Wallet
As the anticipation for Eclipse's public mainnet grows so does the number of dApps which Backpack supports.
Lets Cook made an appearance in Mad News last week, they are an Eclipse native token launchpad.
Solar Dex is building the first reward based trading platform on Eclipse. Add the Eclipse network to your Wallet to see the full list of applications.
Blockchain gaming is #️⃣ OnlyPossibleOnSolana
Solana is (not so) slowly but surely becoming the premier crypto gaming chain and the proof is in the adoption.
PARAVOX isn't the first blockchain game to migrate to Solana and certainly won't be the last.
The Solana Foundation has placed a focus on growing the gaming sector and hundreds of creators are looking to Solana first when they start building.
Play Solana's Gen 1 (PSG1) is "the first handheld Web3 gaming device built on the Solana blockchain" with plans to ship in Q2 2025.
A future where crypto gaming gift cards are prolifically displayed amongst traditional brands isn't so far off.
Solayer makes big move in bringing Solana to masses 🇺🇸
Cryptocurrency adoption received big boost in the form of U.S. Treasury Bill backed sUSD (although not yet available to U.S. citizens).
A fully decentralized stablecoin that brings the real world on-chain to secure and bootstrap all on-chain and off-chain systems.
sUSD earns ~4.33% interest in USDC with no minting or staking required.
Treasury Bills, commonly known as T-Bills, is a short term debt obligation backed by the U.S. Department of Treasury.
Effectively, T-Bills are a loan from investors to the government. Yields come from repayment interest.
Mission Superteam: World Dominance 🗺️
It's easy to forget that Superteams are not just a social layer for Solana.
They are filled to the brim with the most talented builders on the blockchain and organizing them under the Superteam umbrella turns them into technical powerhouses.
Forever in the pursuit of improvement and growth, they just dropped an announcement about the Superteam Members Lounge.
The goal is simple: build a high-signal space for our Members everywhere to leverage the global network.
It includes:
- a place to ask for warm intros to anyone on Solana
- a Members-only job board
- fundraising resources
- exclusive workshops
- livestreams and AMAs
Stay on top of Solana with the Ecosystem page 🆙
As we enter the next great crypto cycle, noise on social media will begin to reach deafening levels.
Solana Collectiv has solved this problem with their directory of projects that "form the backbone of the Solana Ecosystem".
Podcast Corner 🎙️
Solana Changelog
More Solana updates from Nick and Jacob.
Lightspeed
Solana's Economic Value Reaches A New All Time High | Weekly Roundup
This week, we're back with another roundup.
We discuss Solana's on chain boom, why economic value reached a new all time high, Stripe's recent acquisition of Bridge & much more. Enjoy!
The Bull Case For Solana | Joe McCann
This week, Joe McCann joins the show to deep dive into his Solana thesis.
We discuss whether Solana is still positioned to outperform even after the huge run up in 2024, the election impact on crypto markets, the bullish macro backdrop for risk assets, crypto venture, memes & more. Enjoy!
The Chopping Block
Solana's Deposition feat. Anatoly
Solana's Second Act, SVM vs EVM, & Extension Dilemma
Talking Tokens
Zeta Markets Wants To Make Solana Even Faster
On today’s Talking Tokens episode, Jacquelyn interviewed Tristan Frizza, founder of Zeta Markets.
They talk about what traders want more of on DeFi trading platforms, why Zeta is building a layer-2 on top of Solana, how it will scale the network and more.
Written by Benzel Blogs