Building @studieo_app (Nigerian social network) in public. Exploring @umia_finance .
onchain
Joined July 2022
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Dev R⨀yale retweeted
Our most in-depth conversation yet, recorded with face(east) during KBW.
What ownership coins are, how decision markets actually work, how we pick projects, and the Korean community’s questions about our sale, answered head-on.
Full conversation with @umia_finance featuring @fra_mosterts and @nftboi_ during Korea Blockchain Week
00:00 Introducing Umia Co-Founders Francesco and NFT Boi
04:31 Opportunities in the Korean Community
08:25 What Is Umia? From Fundraising to Operations Through Tokens
14:33 Ownership Coins: Connecting Company Value to Tokens
19:09 From Hedge Funds to Umia: Francesco’s Founder Journey
27:53 Futarchy Explained: Making Decisions Through Trading Instead of Voting
33:57 How Umia Selects Projects and Its Selection Committee Works
35:58 SlopCash and Shaw’s New Venture
41:38 Why Umia Is Expanding Beyond Base to the Wider EVM Ecosystem
47:13 Is Crypto Talent Moving to AI?
50:59 Can Companies Outside Web3 Use Ownership Coins?
59:16 Why User Acquisition and Community Matter in the AI Era
01:02:24 Addressing the Korean Community’s Token Allocation Concerns
01:07:08 How Galaxy, Draper, and DCG Got Involved With Umia
01:09:49 FOMO and the Role of Angel Investors
01:13:45 Upcoming Project Launches and Umia’s Growth Plans
01:18:03 Can the Korean Community Join the Selection Committee?
01:20:41 A Community Track Where Anyone Can Help Select Projects
01:23:24 Goals in Korea and Singapore and Future Plans
01:26:37 Umia’s Philosophy and Future Collaboration
Dev R⨀yale retweeted
A team shouldn't need a proposal to pay every bill. On Umia, a monthly allowance covers day-to-day work, and spending beyond it needs a decision market.
This allows the core team to continue developing the project smoothly, all while giving Decision Markets a say beyond that.
Dev R⨀yale retweeted
This is what is so great about building onchain. The markets can be read by everyone, and shown in different ways.
Very cool work @iamdevroyale , building the finance legos 🤝
I've been digging into how Umia's decision markets work, so I built a tool to make them easier to explore.
The Umia Decision Market Explorer traces markets from creation to settlement and onchain execution, with proposal TWAP comparisons and treasury activity on Base.
One design principle: cached data should never be presented as live verification.
Still improving it. I'd love feedback from people building around Umia. $umia
Try it: umia-explorer.vercel.app
@umia_finance @0x_Ytocin @fra_mosterts
Dev R⨀yale retweeted
We've earned $46,900 in revenue in 4 days 👑
🟢 145,443 players online
👀 8,614,591 visits today
👥 1,807,618 total players
🌍 16,584,859 visits all time
#LagosLife
lagoslife.app
Dev R⨀yale retweeted
Another day to remind you that job hunting when you have a job is actually fun.
But job hunting when you’re jobless? That comes with depression.
Dev R⨀yale retweeted
Money can’t buy happiness
But it can buy cars and take me on several vacations
More money in Jesus name abeg
Dev R⨀yale retweeted
If you are always claiming to be very busy, I automatically expect you to have money.
Any small thing, a lot on my desk, show us the alot kwanu?
Ana akogheri 😫
Dev R⨀yale retweeted
A while back I started building Restock Protocol — infra that tokenizes merchant inventory so resale value flows back to merchants, and AI agents can actually discover and buy real goods. Here's how far it's actually come.
@base @buildonbase @Based_Africa @0xyoussea @DefiDevrel
