Paul Spencer (@pagameba) header
Paul Spencer (@pagameba) profile picture

CTO & Co-Founder building @setzapp. $SETZ: 0x020EaeEe24BcaD37cB9a01aa1f8c591c47341bA3

Ottawa, Canada
Joined May 2008
Photo by Paul Spencer (@pagameba)Photo by Paul Spencer (@pagameba)Photo by Paul Spencer (@pagameba)Photo by Paul Spencer (@pagameba)Photo by Paul Spencer (@pagameba)Photo by Paul Spencer (@pagameba)Photo by Paul Spencer (@pagameba)Photo by Paul Spencer (@pagameba)
Paul Spencer retweeted
1/ Thousands of tokens launch every day. But getting tokens into wallets isn't the hard part. Getting people to actually keep them is. For the past two years, we've been building and experimenting with new ways to distribute tokens. Here's what we've learned. A thread....
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Paul Spencer retweeted
NEW @setzapp DROP: JACKPOT 699! I was DM'ng with @yike699 about three tokens he's bullish on: $IPOD, $DGUY and $REBOOT (the new token tied to the CLANKER relaunch). So we decided to turn his picks into a SETZ drop! Introducing JACKPOT 699, curated by @yike699. 95% of every pack sale goes toward buying these three tokens and backing the collectibles. I'll be giving away packs all weekend! Drop a comment below for a chance to get one. A link to the Drop in comments 👇 Happy Ripping!
🤖 Made with AI
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Paul Spencer retweeted
Setz has all the support I can muster, it's a perfect little twist up, to introduce casual (or serious) crypto people to NFTs, by combining both worlds into one, with a nice mix of side quests and accomplishments. Such as gacha wheel, trophies and completing sets.
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Paul Spencer retweeted
Two big collector moments from the GROK HAS MONEY drop on @setzapp, backed by $DRB, $SPCXc & $SETZ! 🚀🏆 🚀 @AcomathorDave landed the ULTRA RARE “Private Launch” collectible. 🏆 @IndicaWolfx became the FIRST to complete the entire collection, earning the exclusive 1 of 1 GROK HAS MONEY Trophy! We love celebrating the thrill of owning something special. But what makes SETZ different is what's underneath the collectibles. Each card is backed by redeemable tokens held in an onchain vault. The NFT itself acts as a redemption key to its share of those tokens. That means its value isn't solely dependent on finding someone else willing to buy the NFT. Holders can choose to collect, trade, or redeem the underlying tokens. Collectibility on the outside. Built-in liquidity on the inside. Huge thanks to both collectors for supporting SETZ and being part of what we're building. Much more to come! 👏
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Paul Spencer retweeted
imo the best progression for NFTs by adding true value + utility to the NFT sector. I have always liked NFTs but was very skeptical their utility and perceived value. What @nazimahmed has done with @setzapp by backing them with the ERC20 coins and tokenized stocks has completely changed the way I view NFTs and my hesitation in buying them. When I open a pack or make a spin, it’s exciting and that excitement comes from knowing I’m about to get an awesome, very limited NFT that’s backed with real value by the coins and stock that I like the most. 🙌🏻 🃏
It all started with: “Hey, what if NFTs could become liquid by backing them with ERC20 coins?” Seeing that idea turn into live drops from different creators and communities on @setzapp is what building is all about -> Idea to reality… Still early. Plenty left to build. But seeing these shelves fill up feels pretty good….
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Paul Spencer retweeted
Thx for the shoutout @AcomathorDave - much more to come…
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Paul Spencer retweeted
It all started with: “Hey, what if NFTs could become liquid by backing them with ERC20 coins?” Seeing that idea turn into live drops from different creators and communities on @setzapp is what building is all about -> Idea to reality… Still early. Plenty left to build. But seeing these shelves fill up feels pretty good….
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Paul Spencer retweeted
The @StonksDGUY x DGIRL legendary in the @setzapp SPIN machine now has an estimated value of $122. Pretty cool to watch… The art, the community and the chase make you want to collect. The coin backing means you can redeem your card for its share of the underlying coins without waiting for someone else to buy it. That’s why the coins underneath matter so much. We can’t build SETZ around coins that pump for 48 hours and disappear. Memes with real communities, actual products and great creative give us something solid to build on.
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Paul Spencer retweeted
Introducing Curator Collections on @setzapp! 🚀 First up: Fred Velez Collection — The Big Score 🎰 The concept is simple: Crypto traders pick 3 tokens they believe in. SETZ brings those picks to life as a 9-card collectible collection backed by the tokens themselves. @Fredvelezcrypto picked: 🔵 $STONKEX 🔵 $DGUY 🔵 $TE $5 per pack. Here's where the money goes: • 80% buys Fred's selected tokens, which go into a vault backing the collectibles. • 10% buys $SETZ. • 5% funds the prize for completing all 9 cards. • 5% platform. Every card represents a share of real crypto held in an onchain vault. Collectors can hold, trade, or redeem their cards for the underlying tokens at any time. Collect the cards. Complete the set. Claim the prize. We had a lot of fun bringing Fred's picks to life! Huge thanks to @Fredvelezcrypto for trusting us with the creative direction. The first Curator Collection is LIVE! 👇 setz.one/drops/fred-velez-co…
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Paul Spencer retweeted
Just pulled Legendary Card #1 from MUSELESS on @setzapp. This is a SETZ use case I hadn’t considered 👀 @Mainaccoun2 launched a MUSELESS branded pack backed by $BNKR & $SETZ. MUSELESS has its own token, but it’s early and liquidity is still building. So he used other tokens to back the collectibles while using the artwork and branding to build awareness of his project. You don’t need to use your own token to launch your own coin-backed collection. Follow @Mainaccoun2 for MUSELESS updates. Keep building @Mainaccoun2! setz.one/drops/museless-2?og…
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Paul Spencer retweeted
🏆 Your SETZ trophies belong on a shelf. Now live in the Collections tab on @setzapp. Onchain trophies are achieved when completing a set, while also unlocking a set completion prize. And soon, holding those trophies will come with rewards of its own. Much more to come…. 👀
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Paul Spencer retweeted
all your base are belong to me now. 20+ Base projects, one bag. AYB-VQFFH7 nitter.gq/AllYourBase_AYB/status…
Base, it’s time to rise up. 🟦 Back the project you love. Light up your community. 🤩 All Your Base NFTs: 20+ Base projects, one movement. Every ally mint buys their token. 🫡 📢 Whitelist = 50% off 1. nft.allyourbase.fun 2. Connect wallet 3. Quote this post Oct 22 · Meme Summit 👀
There's a new version of this post
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Paul Spencer retweeted
What if you could redeem a collectible for the coins backing it, without a grader’s opinion entering the equation? That’s what we’re building at @setzapp. Digital collectibles. Coins underneath. No grading required.
i'm done submitting to @PSAcard. their grading process is a subjective racket and everyone knows it. saw someone earlier crack a psa 4 and receive a 10 on their next attempt. nonsense. we need the market to stop accepting psa as the standard. they're complete garbage.
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Paul Spencer retweeted
Have you tried the gacha on @setzapp? 26K+ coin-backed collectibles are now liquid inventory for a growing ecosystem of games & apps. Each new game built around them creates another way for people to discover, collect and redeem the tokens underneath. Gacha is our first example. More apps/experiences to come. More ways to play. More distribution for our partner coins.
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Paul Spencer retweeted
Your childhood toy car obsession, backed by $TSLAc & $SETZ. ⚡️ ELECTRIC WHEELS just dropped on @setzapp. 9 digital collectibles inspired by Tesla’s lineup. Toy store nostalgia with tokenized Tesla underneath, and guaranteed liquidity through redemption for every card. Rip a pack. Chase the gold Roadster. Complete the set, or redeem your cards for the backing tokens anytime. setz.one/drops/fff
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Paul Spencer retweeted
🌐 HTTP BASED just dropped on @setzapp! 9 collectible cards inspired by the weird and wonderful early internet. 💿 Retro computers, Y2K nostalgia & surreal art 🔵 90% of primary sales back the cards with $HTTPBASE20 + $SETZ 🏆 5% set completion prize + trophy Powered by $HTTPBASE20, created by @Theunsecretman -> the first B20 token born through an x402 payment call on @base. Rip a pack. Complete the set. Or redeem for the coins underneath. Your choice. 👇 setz.one/drops/sdfd
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Paul Spencer retweeted
Small changes. Big effects. We cut @setzapp collections from 18 cards to 9: → Easier to complete the set. → Easier to pull the legendary. → Faster for creators to launch. Less friction. Better collecting experience. More improvements on the way…
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Paul Spencer retweeted
Five characters. One city. Next stop: Wall Street. 🗽🔔 STONKS TAKE MANHATTAN is live on @setzapp. A nine card collection starring coins from the @Stonks_Exchange crew -> with a Legendary NYSE bell ringing finale. 90% of primary sales back the collectibles with: $DGUY · $DCAT · $STONKCAT · $WEI · $TE · $SETZ 5% goes to the set completion prize. Rip packs. Collect all nine. Chase the Legendary. Redeem underlying coins anytime. Live Now: setz.one/drops/bbb Had fun making this one. Want to flex your creativity and design your own SETZ drop and earn from sales? DM me, I’ll help you get started.
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