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9) Today I want to talk about Serum, and where it's come from, and where it might go.

10) So what _does_ Serum have? Well, it's on Solana. Solana can currently take about 50k tps, and can stake to 1m+ over the next year or two. And that's important! Because the next thing Serum has is a DEX.

11) Lots of people are hosting GUIs on Serum DEXes: serum-academy.com/en/dex-list/ And they're all fully on-chain, orderbooks and all. Solana has only been live for about a year, and it's already set the historical record for transactions.

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Coin98 Analytics

@Coin98Analytics

Jan 25, 2021

TOTAL TRANSACTIONS ON TOP BLOCKCHAIN PLATFORMS. $SOL $EOS $TRX $ETH $TOMO $BNB $ONT $ZIL $ADA $ATOM $AVAX $DOT

12) In fact the Serum DEX alone, in the last 6 months, has processed more transactions than Ethereum has in its entire history. (Which is also why ETH2.0, rollups, and other scaling solutions are potentially huge!)

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14) There's an NFT exchange (solible.com). There are wallets (serum-academy.com/en/wallet-supp), AMMs (swap.bonfida.com), and a tool to mint your own tokens (spl-token-ui.com/#/). And USDC is live on SOL!

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Jeremy Allaire

@jerallaire

Jan 25, 2021

1/13 Today, Circle rolled out full production support for USDC on the Solana blockchain for all of our customers. Things brings USDC to a fast moving ecosystem attracting innovations in DeFi and consumer apps. I explain more below in tweet thread. circle.com/blog/circle-ac

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15) In other words: There are all of the primitives. An exchange, and a stablecoin, and staking, and lockups, and wallets, and AMMs, and tools, and borrow/lending. And more coming, because finance isn't the only thing that can be decentralized: mediaserver.express

16) And, crucially, the primitives scale. The Serum ecosystem already scales more than any other DeFi ecosystem ever has, and in fact more than many are ever even trying to.

17) Which is what matters, because almost everything big touches hundreds of millions of users: twitter.com/SBF_Alameda/st And almost everything with hundreds of millions of users is big, and valuable.

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Dec 17, 2020

1) Better is Bigger, part 3: What does bigger look like?

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18) So you start by building a foundation that millions, and eventually billions, of people *could* use. That's what Serum has done so far.

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12:22 AM · Jan 26, 2021Twitter Web App

Dec 17, 2020

17) So anyway: I don't want to overgeneralize too much here, but roughly speaking: If you build a product used by 1B people, that's worth a fortune. And how do you do that? I don't know, I've never done it before! But you have to identify something 1B people *could* use.

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19) And then, well, somehow you go find users. Not just a few users: a *lot* of users. Like, hundreds of millions of users. Infrastructure at scale + userbase at scale = companiesmarketcap.com

20) And this is sometimes the hardest part. The world is filled with products that die a slow death because no one ever really uses them. Huge userbases don't grow on trees. They are, often, the key.

21) So is Serum going to get 100m users? I can't tell you for sure. But it's sure as hell going to try.

22) 100m is a *lot* of users. It's more than Robinhood, and eTrade, and Coinbase, and Binance, and Slack, and Nissan, and DeFi. It's less than Facebook, and Google; there's always room to grow. It's also a bit less than the number of users of Maps.me.

23) Today, Maps.me is launching the MAPS token. And later this quarter, Maps.me is integrating a Serum-based wallet for all of its 100m+ users.

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MAPS.ME

@MAPS_ME

Jan 20, 2021

Your favourite offline maps with exciting new features on the way!

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