wen audio rooms like in Arena where 500 @poors from Bangladesh can farm rich Americans for tips?

If you built DeSo audio rooms (similar to Spaces), I’d drop in often. There are just so many blockchain audio platforms (Audius, BitSong, etc etc) trying to get independent artists to drop music for fans to listen and earn.

None of them have gained any real traction. I’m not sure what the goal is with audio, but if it’s about listening to independent artists, I don’t really see where that goes. And couldn’t the same farmers on P2E just generate infinite AI songs for play to earn?

What happens to the AMM Pre-Sale Funds?

The AMM of $AB has 128M focus tokens. See here

My Math tells me that this is worth at least $70K at the current price of $focus.

Part of this is used to bid for tokens on the Buy Side by the AMM. But it's a small fraction of it. Less than 20% of it (around $13K).

So what happens to the remaining 80% of the Funds raised by the Pre-Sale. It is not just about this $50K. With just 20 more launches, this will be more than a million $. And the only ones who have control to these AMM accounts is the Core Team.

We need to get clarity on this as stakeholders of the protocol.

PS: I am not trying to question the intent of the core team. But, this is one where anyone getting into any pre-sale or anyone launching a token needs to know before they launch their token. If everything extra invested by my supporters is going to sit in the core team's kitty, I may not launch a token, but may do a Pre-Sale. We just need to know how this extra money will be used. e.g. It might just be used to beef up the buy-side which will give more confidence to holders to stick on.

Tagging a few big stakeholders who I assume have more influence than I so that they can help get some answers. Repost if you agree and ask for clarity as a stakeholder even if you hold 1 DESO or 1 Focus.

Edit - Additional Information:

$AMurloc pointed this out to me in the group that @nader had replied to this question earlier. I do remember reading this comment from Nader and also replying there that the only right answer here is to give the money to the Creator or even better to his Holders either via BuyNBurn, Fatter Buy-Orders or Airdrops. I was surprised by the extent of the Delta Amount here. e.g. The $AB AMM has nearly 0.1% of all Focus Holdings ($70K) and the $0xWallStreetBets AMM has nearly 0.05% of all AMM Focus Holdings (around $30K)

@WhaleDShark @0xBenE @brootle @darian_parrish @RobertGraham @HighKey @0xAustin @NFTz @Krassenstein

Loyalty Season 1 NFT

Provided to $WHALEDSHARK Creator Coin holders who have locked a minimum of 500 $WHALEDSHARK for one year.

Additional tokens will be provided for:

1,500 $WHALEDSHARK locked - 2 NFTs 3,000 $WHALEDSHARK locked - 3 NFTs 6,000 $WHALEDSHARK locked - 5 NFTs max limit

A share of 20% staking rewards distribution on all staked DESO from the WhaleDShark account with the NFTz DESO node.

This NFT will remain valid till March 1st 2026 (12 months) and a new Loyalty NFT Season 2 will be issued.

https://nftz.me/nft/11a9f1e3fa1edb4a2c5716933410e7b1aac509b452be91980cae39ff5512972a

It's no secret that I've always enjoyed experimenting with Crypto, NFTs and Social Media.

Moving forward, I will be further accumulating $DESO on this account and staking with @NFTz to reward BOTH my Creator Coin holders and my NFT collectors.

$WHALEDSHARK holders who lock a minimum of 500 $WHALEDSHARK will receive a Loyalty Season 1 NFT that grants them a share of 20% of all staking rewards on this account. Each NFT is valid for a fixed period of 12 months and a Season 2 NFT will be released at the same time in 2026.

The NFT is free for you to hodl, sell or transfer.

Buyers of my NFTs from 2022 will automatically be grandfathered into the program with lifetime rewards as long as the NFT remains in their possession.

Buyers of my current and future NFTs (fortune favors the brave @Gatucu) will also receive lifetime distributions on the $DESO staking rewards on this account.

#001 of the Loyalty Season 1 NFT has been issued to @AMurloc who took a large gamble on me during my CC V2 launch.

For me, it has always been important to have a win-win relationship with my community and this next move undoubtedly opens the floodgates for a ton of opportunity and innovation.

Congrats to all current holders of $WHALEDSHARK and WhaleDShark NFTs, your loyalty is more appreciated than you think.

Expect rewards to start flowing in by next week.

P.s. @LuisEddie Your coffee NFTs are valid as well. Thanks for the coffee back in 2022 ❤️

Beta testers wanted: Buy DeSo with Fiat

Calling for Beta testers of the Buy Deso with Fiat App here:

https://buydeso.safetynet.social

This App should make it VERY easy to buy DeSo using a credit card and is build on top of Stripe Crypto on-ramp (with Bitstamp as Crypto liquidity provider) and HeroSwap API to swap purchased USDC into DeSo.

The Help button at the bottom gives you opportunity to give feedback via the Contact us button and read into FAQs, but you can post/comment that directly to me too.

Minimum amount is 5 USD/EUR maximum is 1500

(Stripe Crypto on-ramp limits).

Do realize you have to follow the Stripe Link KYC (Know Your Customer) flow and register as customer as for Fiat and crypto egal/tax requirements per country apply. See Help for more details.

Another @SafetyNet project.

Give this post some love please. Sharing, reposting, liking is caring.

Happy testing!

It's like every idiot in crypto gets amnesia when someone famous launches a token.

I know there have been some rumors swirling that some good news is about to drop regarding me and DeSo, and I'm excited to talk about it very soon... But not just yet.

Right now, I want us to focus on some new updates to Focus :)

We just deployed a lot of major updates to the app, but most impactful will likely be the upgrades we made to the onboarding. If you can, try and invite someone to the app now and have them go through the steps. The less "techy" the person, the better, as we want to see how normal people experience the onboarding. If you run into any issues, whether with onboarding or elsewhere, please leave a comment on this post so we can fix it.

You know why some aped 50k in deso 12 hrs back

EDIT - Waiting for official update