CryptoTurk

@thecryptoturk
Gladiator @TheArena ⚔️ | HODLing AVAX since 2020 | Battle-tested in crypto | Former AVAX validator (on pause)
We are in the process of testing 2 different features at the moment. I believe they are all exactly what's needed next. Our plan was to launch both of them in June. We have decided to test and further build out the features for maximum impact, with a plan to release both in early Q3 (this summer). The near term roadmap is as follows: 1) Referral fees and lower fee tiers for Arena perps 2) Android app release and iOS app improvement 3) Next phase of $ARENA staking and tokenomics 4) Feature A 5) Feature B What comes next will be big. It won't be in June but is coming shortly, at what we feel is the right time. Stay tuned, Gladiators 🫡
I just saw the staging environment for the next big update for @TheArenaApp and I will be straight with you guys: I don't think I've EVER been this excited about an update since I joined this site. Ever. This is HUGE! You're going to be happy. Still some big bugs to sort out, and I'm sure we'll find more on release, but this is HUGEEEE guys.
Staying sidelined on perps for now. Hard to read the market when politicians are this unpredictable. They negotiate like businessmen—but their counterparts have entire nations they need to answer to.
Early stage peace talks ≠ instant resolution. Markets tend to front-run optimism into the first meeting. But unless there’s concrete progress, reality kicks in right after: expect volatility, and likely a pullback. First move = hope Second move = pricing reality Stay nimble.
Hard times in the market can be the best times to make money. Betting against leadership that manipulates the market—and makes promises they can’t keep or bluffs with a weak hand—has paid off. Top 3 in total PNL Top 2 in VDEX P&L efficiency Top 8 in VDEX volume It was obvious over the past week. Right now, though, I can’t anticipate their next move. 🤷‍♂️
Writing a pretty long post here. Most of you won’t read it but the real ones will. All eyes on the road ahead. As a reminder, we get the ball rolling in early November. 50% of all $ARENA is now in circulation. We will be easing up on emissions from this point forward. The worst is behind us. We believe this was quite a feat to inherit a dead platform that already had a points system, and mold it into the largest airdrop in Avalanche history. When we took over the app, users were down over $10M collectively from the actions of the original team. Not only did we make all users whole from that period, but if you received your entire airdrop by staying active, you should be profitable by now. This was very important to me and the team. We managed to get almost all participants to hold at least a portion of their airdrop for 12 months as this platform evolved. During that time we took a broken app with just a global feed and the ability to buy and sell tickets into one of the largest social crypto apps by adding: - Stages - Live Streaming - Memecoin tipping - Token Launchpad with built-in social features - a mini App Store - a native dex - custom profile badges - a novel staking mechanism and leaderboard - enhanced ticket trading - native in-app swapping - a new notification system - countless UI/UX additions and QOL improvements We’ve come a long way and been through more together than most will imagine. The highs and the lows. The peak euphoria and the lingering uncertainty. Despite all that we’ve built, all of this is only possible because of you. The strongest community in web3. The Gladiators. Many would say we shouldn’t even be here right now. The chances of reviving a dead platform that got hacked is near zero. Especially when the meta dies down. Most social crypto apps don’t last longer than 3-6 months, once the early farming period ends. But here we are. Still building, still growing, still defying the odds. We enter this next phase with a clear vision. Despite what’s going on around us, the family is stronger than ever. United around our mission. Arena V2. The dawn of a new era awaits.
$GHEE
And now I just can’t sell with my name on the holders list. Glory or burst! 😀