signed up 😏

if only singapore didn't declare independence

do you have what it takes to be Chinese?

We put Solana on the big screen because that’s the big heart Solana has for the Chinese community, and that’s the warm welcome we are so thankful to feel from the Chinese community. Due to the publicity, event registrations quadrupled overnight, far exceeding the event cap we had registered with local authorities, and we had no way to prevent people from overwhelming the venue. So, in order to comply with local requirements, we are going to postpone this event for when we can better accommodate the breadth and scale of our community. Apologies to everyone who came from near and far to come be part of Solana in Shanghai. See you soon!

thanks :3

signed up 👀when can I get access

+100000 social credit 🧧🧧

if u dug deeper into my heart you would have found that you were my first choice too

10k already?? i was here since 900 😶‍🌫️

do you ever search for your own name on slack just to see if you were their first choice?

Really excited I'm getting the chance to attend Breakpoint again! It's been 2+ years I've been building on @solana since @SuperteamMY started back in 2024. Breakpoint is by far the best conference I've been to🔥 See you all in London!

slay

built a tiny npm package because I was tired of copy pasting markdown into Word. It's now close to 1 million downloads. Here's what it does in 40 seconds.

singapore I am inside u

experiencing this in real time right now

Bringing new markets onchain requires compliance infrastructure that supports issuer-sponsored tokenization. Today, we're thrilled to introduce MPL-3643: a new standard for permissioned real-world assets and tokenized securities on @solana.

yo if they got a hk one the dllms gonna go crazy

holy fuck I was skeptical until they pulled out the malaysian english accent at the end. bros it is so over.

Dude I think this is it if they can keep it up.

read the SEC's new crypto assets FAQ the securities laws are starting to look opt-in now, at least as applied by the SEC to crypto if you raise money by selling a non-rights-bearing token, are careful about what you represent or promise, and have a functional crypto system, there is now an extremely broad path outside the securities laws--arguably 'functionality' is not even necessary but there's some equivocation on this the buyback guidance goes further than I expected. once the system is functional, even announcing a token buyback *program* (which I guess even could be a 'perpetual program') does not, in the staff's view, constitute a promise of essential managerial efforts. same for promises to improve the system or grow its network effects so you can retain enormous influence over the thing, keep developing it, support its price with buybacks (including under a permanent "program"), and get many of the benefits of having a public investment instrument, without giving holders the rights or protections that normally come with one they have opened a loophole in a regulatory regime whose whole point was supposed to be that you couldn't draft your way around economic reality (see e.g. papers.ssrn.com/sol3/papers.…) can't really say if this is good or bad, but VCs etc. got a lot of what they wanted & the market should absorb all the implications of this among others, I am growing skeptical how much of a 'long tail' there will be for tokenized equity. . .if you can get people to buy a coin in the style of BNB, HYPE, PUMP, etc., with minimal regulation, why voluntarily take on the burdens of selling them equity? if you are not mag-7 level, it doesn't seem there would be much reason to focus on equity securities for your capital-raising. . . if you want to access 'traditional buyers' you can wrap the token in an equity instrument like an ADR for those institutions. . . the obvious next question is how far this extends beyond crypto businesses. can an ordinary company attach a functional token to its business and apply 100% of its profits to discretionary buybacks, without giving holders any right to those profits or making representations about future business efforts that independently trigger Howey? the FAQ doesn't expressly resolve that, but it opens a pretty enormous door equity still gives investors something a discretionary buyback token doesn't. . .the question is whether the market will pay enough for those rights to make granting them worthwhile. otherwise the incentive is to keep the equity for insiders and sell everyone else the coin crypto's current focus on hyping tokenized equity may be misguided, the bigger trend is "get all the benefits of equity with none of the burdens" of course this is SEC guidance, not a repeal of the statutes or a command to the courts. a private plaintiff or a future SEC could have other ideas but did not think I'd see it in my lifetime. . .the securities laws are being "disrupted" in substantial part by incentivizing making fewer commitments to investors. and if Warren Dems eventually take control and try to undo all this, after an entire market has organized around it, the resulting chaos will be something to behold sec.gov/about/divisions-offi…