rac.eth ⌐◨-◨

All Photos Twitter.com
Here’s a track to get you moving this Friday from Grammy award winner, @RAC. So thrilled to be collaborating with him on the upcoming #DNACollection open.spotify.com/track/3yydZof4… Check out RAC and discover his work here: rac.fm #BangOlufsen #NFTs
Retweeted by rac.eth ⌐◨-◨
📣 Updates to MIP-1 — A new asset class that enforces creator royalties. Now live on GitHubgithub.com/metaplex-found…T Read on for the TL;DR 👇
Retweeted by rac.eth ⌐◨-◨
Shout out to @RAC, the artist who tried the hardest to reward his superfans in web3 since 2020 🏆 Back then the move was to launch a token and not a NFT (like I did with $ALEX). This is a visionary try at deeper creator/fan connection that we at Showtime strive to make easier ✦8
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Model Ireland Baldwin and musician RAC will open a cafe and wine bar on the Oregon Coast pdx.eater.com/2022/11/22/234…
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Our Twitter Spaces on Web 3 and music with @RAC is happening now. Join here: twitter.com/BangOlufsen/st…
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Brace yourselves - only 2h to go until the Twitter Spaces with @RAC. Set a reminder below. #BangOlufsen #DNACollection #NFTs twitter.com/BangOlufsen/st…
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-> @goodhertz is 30-48% off -> @xlnaudio is 50% off -> @soundtoys is 55% off
audio nerds, it's plugin szn drop your black friday deals in this thread ↓
people forget that paypal was created because nobody felt safe using credit cards online. twitter.com/BillAckman/sta…
The telephone, the internet, and crypto share one thing in common. Each technology improves on the next in terms of its ability to facilitate fraud. As such, I was initially a crypto skeptic, but after studying some of the more interesting crypto projects, I have come to
Retweeted by rac.eth ⌐◨-◨
here we go again. this is not my music. @Spotify please add some kind of authentication before sending this to all my followers.
1/ TL;DR X2Y2 will enforce royalties on ALL collections. A thread here👇
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Gm! We’ve got some exciting news ahead of the weekend. On Tuesday 22nd of November at 8pm CET, we’ll be hosting a Twitter Spaces with @RAC. If you’ve got any questions for him, let us know. #DNACollection #MusicNFT
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elon is tax loss harvesting
Telling my kids this was the Alameda risk engine dashboard
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Imagine a financial system that had: 1. Realtime proof of reserves 2. Unbreakable terms 3. 24/7 operation 4. 99.999% uptime 5. Open APIs 6. Low transaction costs 7. Public governance 8. Global + internet native I bet regulators and legislators would support a system like that.
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ok so who is actually solvent? lol
like the first exchanges of bitcoins for physical goods, these are baby steps towards something much larger. first a rail, then a skatepark, then the community that surrounds it…
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1/ After hearing the passionate voices from the creator community last week, we believe marketplaces should honor a creator’s choice to set fees on existing collections, not just new ones. Thread 👇
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take note of crypto tourists who abandon the space
We’ve been adderall free since 2021. We’ve already outperformed 3AC and FTX. We still have capital to deploy 🫡 Ttyl, The degens
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please buy a hardware wallet if you hold any material amount of tokens. @Ledger @Trezor if you are a founder, please use @gnosisSafe i do personally trust @binance and @coinbase but I would never keep a material amount on there. stay safe out there
just a friendly reminder that if it's not onchain, it's not crypto. this isn't a half-assed purist take, it's just how it works. by using an exchange you are giving up control and allowing other people to control your funds, which leads to scenarios like FTX.
this seems a bit too organized to not have been planned
15yr old me wouldn't believe this is happening ✨ I'm so proud to be working with @BangOlufsen on their first collection. I've seen so many brands try to approach web3 and the level of thought & work that went into this project blows everybody else away. It's the real deal. twitter.com/BangOlufsen/st…
As promised! We are very excited to announce that we are partnering with the Grammy-winning Web3 music pioneer @RAC on the #DNACollection. 🚀 Who's ready?d
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somebody somewhere already optioned the script twitter.com/ChainLinkGod/s…
Creator Royalties at Manifold Our mission at Manifold is to enable creative sovereignty and creator royalties have always played a part of this mission. We'd like to share our commitment to creator royalties and share the initiatives we are working on to support creators. 🧵
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which one is it? desktop vs mobile
1) I'm sorry. That's the biggest thing. I fucked up, and should have done better.
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UPDATE: We will continue to enforce creator fees on all existing collections. 🧵⬇️
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Hopefully we will look up in a few years and look back at this moment as a major catalyst for broad innovation and adoption of public and transparent protocols. The solutions are here, it's our job to make them easy and available to everyone.
Retweeted by rac.eth ⌐◨-◨
as a final thought, i just wanna remind people that artists are the source of all of this. there would be no billion dollar industry, platforms, trading, rugs, 100x's, discords, communities without us. if you could do this, you would and you're not.
on some level i understand where opensea is coming from. the markets are maturing and it should be variable and evolve over time. as an industry we need to set standards and we the only way to move forward is to make them programatic and onchain. twitter.com/niftygateway/s…
royalties allow for more accessible mint prices. this kills cheap/free mints. by cutting out the recurring revenue, you the buyer are now the only person incentivized to grow the project. good luck with that. who do you want to be pushing things? the artist or the traders?
not to mention the extremely negative signal when you actually try to sell. now suddenly you're getting into treasury management and we're back to selling wrapped ERC20s all over again. apparently getting paid for your work is now rent seeking behavior.
the solutions offered are for an artist to keep 20% of their collection for selling later. this makes no sense because it assumes that you're creating a pfp collection with thousands of editions, which is completely myopic and not desirable for anybody in fine art.
anecdotally the only people complaining about royalties are pfp traders, who are clearly more interested in the trading and financial return than the art collecting. it's like panini sticker traders deciding the rules for the fine art market. it's far more complex than that.
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