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In this conversation, Leonidas shares his journey into the blockchain and NFT space, detailing his early experiences with Bitcoin and Ethereum, his pivot to Ordinals, and the rise of meme coins on Bitcoin. He emphasizes the importance of on-chain art and the need for a fair distribution model in the crypto space, particularly through the free and fair movement associated with the Dog meme coin and the Runes Meta Protocol. In this conversation, Leonidas discusses the challenges posed by centralized exchanges in the crypto market, emphasizing the detrimental effects of exorbitant listing fees on decentralized projects. He advocates for a community-centric approach in building projects like Dog, which aims to empower retail investors and promote transparency. The discussion also touches on the innovative features of ord.io, a platform designed to enhance the user experience in exploring ordinals and runes, showcasing the importance of user feedback in product development.
And why AI Agent AIXBT loves $DOG so much.
Takeaways
- Leonidas started his journey in blockchain in 2014, initially attracted by Bitcoin's price movement.
- He transitioned from being a coin collector to a software developer involved in Ethereum and NFTs.
- The NFT space has evolved significantly, with Ordinals representing a new standard on Bitcoin.
- On-chain art is crucial for the longevity and value of NFTs, as many early projects lost their art due to poor storage solutions.
- The future of NFTs will likely see more on-chain art and innovative projects beyond the current trends.
- Meme coins are gaining traction on Bitcoin, with Dog being a notable example.
- The free and fair movement aims to decentralize token distribution and empower retail investors.
- Leonidas advocates for a model where meme coins do not have a controlling team, similar to Bitcoin's ethos.
- The NFT market is still in its early stages, with potential for new innovations and use cases.
- Community-driven initiatives can lead to more equitable outcomes in the crypto space. Centralized exchanges are extorting projects with high listing fees.
- The crypto market is rigged against decentralized projects.
- Community members should always be prioritized in project development.
- Empathy for investors is crucial in the crypto space.
- Dog represents a movement against centralized control.
- The narrative of Dog resonates with those tired of scams.
- Ord.io was built to meet the needs of its users.
- User engagement on social media is vital for founders.
- Transparency is key to building trust in the community.
- Innovative features can enhance user experience in crypto.
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