This space is hosted by web3_matters
Space Summary
The Twitter Space focused on Metis showcasing resilience with a growing holder base amidst market challenges. Noteworthy developer activity is propelling the platform forward, with the launch of Nitro pools offering incentives for liquidity providers. The project's emphasis on community involvement is evident through planned collaborations and engaging conversations. The discussion provided valuable insights into Metis' current state, highlighting its multifaceted growth strategy that combines technical advancements with community-driven initiatives, setting a solid foundation for future expansion.
Questions
Q: How has the number of Metis holders changed recently?
A: Despite a dip in price action, the number of Metis holders has continued to rise.
Q: What is the current trend in developer activity on the Metis chain?
A: Developer activity has been steadily increasing, showing an uptick in recent weeks.
Q: What is a Nitro pool?
A: A Nitro pool is an incentivized liquidity pool launched to encourage liquidity providers.
Q: What percentage of Metis’ supply is allocated to the Nitro pool?
A: 0.420% of Metis' supply is allocated to the Nitro pool.
Q: How long will the current Nitro pool be live?
A: The current Nitro pool will be live for five weeks.
Q: What are some future plans for the Nitro pool?
A: Metis plans to partner with projects for innovative reward mechanisms, possibly linking airdrops to Nitro pool participation.
Q: How is the community contributing to Metis' growth?
A: Conversations within the community are actively contributing to social metrics, increasing visibility and engagement.
Q: What was the social dominance perspective mentioned?
A: The social dominance is low but conversations continue, contributing positively to the project's metrics.
Q: What kind of activities are contributing to Metis' development?
A: Consistent developer activity and community engagement are key contributors to Metis' growth.
Q: How is Metis involving the community in new projects?
A: By planning airdrops and rewards for community members, particularly through their Nitro pools.
Highlights
Time: 00:48:52
Increase in Metis holders amid market dips.
Time: 00:49:01
Continued rise in conversations about Metis.
Time: 00:49:21
Visible hard work by developers in development activity.
Time: 00:49:35
Steady weekly increase in developer activity.
Time: 00:49:52
Recent uptick in developer activity.
Time: 00:59:00
Upcoming launch of Nitro pools.
Time: 00:59:10
Details on Nitro pool and allocation.
Time: 00:59:26
Duration of the Nitro pool.
Time: 00:59:29
Future plans for Nitro pool rewards.
Time: 00:59:33
Collaboration with meme communities.
Time: 00:59:42
Exclusive airdrops tied to Nitro pool participation.
Key Takeaways
- Metis has gained more holders despite price fluctuations.
- Developer activity on the Metis chain has been on the rise.
- The Nitro pools aim to reward liquidity providers.
- Future projects might introduce innovative reward mechanisms for Nitro pool participants.
- Community engagement plays a vital role in Metis' growth.
- Visible growth in development and user engagement is evident.
- Metis plans to collaborate with meme communities for airdrops.
- The platform's growth strategy includes technical advancements and community-driven incentives.
- Community involvement is essential for continuous project development.
- The focus on steady development indicates a promising roadmap ahead.
Behind the Mic
What is up, though? Not much, man. How are you? Pretty good. Today's Wednesday, if I'm not mistaken. It is Wingman Wednesday. You are correct. And what's Wingman Wednesday stand for? Everybody go like, rekt's tweet at the top. Let's get people in here. Go like and share if you can. Wingman Wednesday is a space where winners gather. We talk about different metrics, take a look and see how the actual metis ecosystem is doing from a price perspective, from a development perspective, and from a social perspective. And then we're going to continue the conversation and talk about, you know, what's happening in the state of Metis and take it from there. We'll see where it goes. How does that sound, Kobe? Beautiful. I love it, man. Keep it rocking. Awesome. Awesome. So of course I just got to take two more seconds here and say a quick hello to Angeliki. So awesome having you. She's a queen. If anyone has any sort of interest in ordinals and just wants to win in this space in general, give her a follow, it's worth it. And then we've got arena here. She's from our web three matters team. All the love in the world to you, arena. Thank you so much for showing up here. Let's get into the analysis team. So the first thing that I'm really excited about is the total amount of holders on Metis. I'm just going to zoom out a little bit here. But friends, it's at its all time high. It is like not only is it increasing, but we have not seen any significant dips at all in its entire trajectory. Even when we had the massive dip in price action which happened around March 24, the total amount of metis holders has just continued to rise. So that's awesome. That's absolutely awesome. From a social dominance perspective, very low. But conversations are still being had. And you know, I like to think that this space right here is contributing to that conversation and continuing contributing to that metric. So that's pretty awesome. Let's be proud of that when we're looking at. So first thing I want to look at is the actual development and we can actually see on this specific metric here how hard the developers are working behind the scene to actually improve Metis. It I'm liking what I'm seeing, I'll tell you that much. Of course, just like price action, it ebbs and flows, but we have like the actual amount of developer activity that's been happening on the Metis chain has been very steadily increasing from let's see here. Yeah, this entire week, actually. It did cool off from May 5 to about May 10, but now we see a beautiful uptick on the development activity which is happening on chain, and I love to see it. The last metric I do want to see here is just. Good Morning, Blockemoto. Love seeing Blockemoto there in Indonesia, but 6 six 6 A.M. or something so massive shoutout to him. The last metric I do want to take a look at is the actual amount of new contributors. And this metric I especially love because it tells me that there is some sort of virality happening within the Metis community and that people are joining. Just for fun, right? So they they see something that they love building themselves and then they just come here to start contributing however they can. And I can see that we have just been on an explosive uptrend when it comes to actual new contributors. So this means that we talk about the ambassadors about the hackathons, developers in the ecosystem and the metis builder programs, this is the tangible sign that we are making an actual difference. And the cool thing here friends is that like, you know, this sort of thing happens and then you don't see it until it actually pops. And so, let's be rest assured that it's just a matter of time until this metric goes completely bonkers as new features, new drops start coming out. And you know Angeliki have been have been leading the initiative here with kartis and and many others of the Corey she shoutout to Corey. You know, like everyone. Oh, like. I'm just going to start rambling here, but friends. There's something really exciting happening here and I can't wait for the fruits of our labor to come to fruition here. The last thing I want to say is, of course, friends. If you want to share your thoughts, if you have anything else to add on top of development wise what I've said, please dial in, raise your hand. You know this space is for you as much as it is for me. And that is why I love having the wingman Wednesday format more and more voices, more opinions, more knowledge on the growth of our ecosystem. With that said, Let's dive into a really quick hack and we're going to hear from Millie, from Peta. This should be interesting. Yeah, for sure. But yeah, you know, I I saw you untangle is very methodical and cool way. So I'm extremely excited, at least until next week and absolutely beyond abundance mentality. Abundance mentality winning every day guys appreciate it. Oh awesome. Well the room's all yours while I get the Bitly link here so Guys Question of the Day. I think we spoke about what are the most interesting utility NFTs that you've seen for the first quarterly development update. So yeah, introduce yourself, ask the question and we'll briefly maybe share and reflect on it myself. Kobe, the floor is yours, my man. Thanks brother. Uh the it's a it's an easy concept with a very high hurdle because now we're talking about technology. Technology evolves constantly. The the main value I see in utility lately isn't the exact thing that is provided retrospectively utility and NFTs has been how do I say? In a smaller community, micromanaged community in a bigger one, maybe not so much. But mainly I see utility in breaking out of the package presentation. So maybe you have art enables pure exchange. Super simplified version of transactions in an ecosystem. Moreover, this value can lead to other platforms taking on such functions, other forms of technology, and I think how much how development of this is actually taking place, I can't even predict. But I think that's the value of the of the space is constantly moving moving goalposts and so I think that would be my broad opinion on utility in NFTs, but specific platforms that are doing cool things, building meta verses, cool. Yeah, man. Oh great answer, brother. And I'm so glad you tuned in to like a very complex idea to summarize it in a sentence. An introducing Horizons and maybe different walks of life to technology standards, perhaps, and then and then the goalposts obviously continuously changing. It really opens my eyes to basically say everything's up for debate in a sense, but maybe head one quick direction and then see where it leads you. Do you um, do you mind expanding on that? You had an interesting, a super interesting statement you initially made conceptually in and then expanded on it and I want to first of all acknowledge how awesome it is, understand? And second of all, absolutely. Um I think more necessarily you would have to be examples of identifying one standard and then basically showing like. Growth in others? Yeah. Yeah, in in a very functional aspect, my background in logistics is uncomfortable for me to handle different utility aspects. So I can definitely see how it works. So what I'm interested in what you mean by underwriting? Are you talking about having like notaries that have a ledger for underwriting and is automated? Is that where that question is going? So that's that's def good? I'm glad you said that because what I'm thinking about specifically should always be like I do love that underwriting analogy maybe initially feeling not comfortable. But once it becomes the standard over time, I see what you mean. I really really like that answer bro. I'm just going to leave it like that. Oh dude that's amazing. Thanks for your answer, brother. I have Marsh from our dev relations team here. Marsh, would you introduce yourself real quick? Tell us what's happening here. Sure thing, man. Absolutely, I'd love to. What a warm warm welcome if I could keep this brief overview is like I mentioned dev relations team my role pretty straight forward meeting partners and helping build our ecosystem but yeah most importantly creating meaningful conversations and yeah echoing what Kobe said abundance mentality and pushing projects forward as we create new standard in utility it's so much fun guys appreciate meeting so many projects, echoing their sentiments and providing a platform to basically listen and understand and you know just pushing these initiatives forward alongside all of you appreciate all your feedback and of course here to see what you guys are doing and hopefully generating more discussion as we go. So thank you for having me. Of course Marsh! And thank you so much for dialing in bro. You know some of the stuff going on with our metrics? I'm curious to hear from you what has been on your mind, overall your impression of the Metis ecosystem and all that. And feel free to bring up some new items too. Absolutely, Mario. Now, building on top of the marvelous community coming together, what stood out to me are these awesome community driven initiatives. As we are in the thick of building projects with all our friends, I want to highlight the recent hackathon achievements. Super cool projects really being scaled and having a significant impact. Also looking forward to the upcoming initiatives we have planned, which are definitely going to level up how Metis functions at its core. So many talented individuals converging to create together. With that being said, now I’m curious to hear thoughts on this from our folks here. Please feel free to share if any project really resonates with you, would love to hear your thoughts. Amen! Amen. Thank you Marsh! That's awesome insight there. I think we all resonate with the community sentiment there, it's super positive to see it. And now friends, let's shift gears for a second. Got a special guest dialing in. Super hyped to hear Juan's thoughts. Welcome Juan! What's up everyone! Grateful to be here. Loving this initiative by the way! Thank you! So, speaking of perspective and upcoming developments, one thing that's standing out is the enthusiasm towards the Metis entrepreneurs' program. I've seen a tremendous response and it's fostering so much innovation, it's unbelievable. Many potential new projects springing up, making one excited about the future. This, in turn, driving another round of contributions and growth in the wider Metis community. Thoughts from you guys? Absolutely dude, absolutely. Echoing that. Love the entrepreneurial spirit alive and kicking. It's contagious! Can't wait for what comes next. Beautiful insights, Juan. Let’s go friends, let’s keep the momentum up and continue building this ecosystem together. More voices and more enthusiasm we have, the brighter Metis future we're shaping becomes. Absolutely, and to wrap up, homies, remember the goal, to have Vitalik Buterin's mom join us one of these days. That would be the ultimate win for Wingman Wednesday. On that note, much love to everyone who joined today. Appreciate you all and see you in the next one. Let’s keep the good vibes rolling and continue building, friends. Stay awesome!
