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· Reached an FP in the high 14 SOL range, nearly<br />
breaking 15 SOL around late May<br />
You can also “Adopt” a Nestor for those looking for<br />
more cost-effective methods while testing the platform.<br />
For a portion of the price it takes to acquire a<br />
Nestor, a user can adopt a Nestor for a pre-determined<br />
duration.<br />
Once you pay the adoption fee<br />
· A Nestor is temporarily deposited into your wallet<br />
· Once in that wallet, he cannot be transferred to<br />
another wallet<br />
· You must use that wallet to connect and trade with<br />
· Nestor cannot be placed for sale during this adoption<br />
period<br />
This method mainly benefits those looking to become<br />
more familiar with Scalp Empire and to experience its<br />
platform before deciding to purchase a Nestor outright.<br />
Although the fee to rent a Nestor is significantly lower<br />
than the overall FP, the user should not plan on renting<br />
a Nestor for long durations as it would be more advantageous<br />
to purchase it outright. This is because over<br />
a month’s time, for instance, the adoption fees would<br />
surpass the total cost of a Nestor.<br />
The newly established team kept things moving, and<br />
next:<br />
· Moved away from using the back-end API to grab<br />
information directly from Magic Eden (ME) and instead<br />
pivoted to grabbing information straight from the onchain<br />
data itself.<br />
· Disabled the mint bots, which turned out to be a<br />
good thing as many projects didn’t want to do business<br />
with them due to the stigma of a project having a Mint<br />
bot.<br />
This move came also turned out to be a double positive<br />
as Metaplex had changed their contract making<br />
it less advantageous for mint bots. (If the transaction<br />
failed due to too many attempts, the trader would be<br />
charged even if the trade wasn’t placed — cost traders<br />
money with no results)<br />
Team Expansion<br />
In May of 2022, Kinb3r’s wife “Bibise” — perhaps the<br />
most supportive wife ever — joined the trio to help<br />
assist with documentation creation/review and social<br />
media support (Twitter and Discord).<br />
As the community grew, so did the questions and need<br />
for support, so this was truly a “healthy” sign that the<br />
team and company were headed in the right direction.<br />
A New Focus<br />
A transformation was in process ever since the new<br />
team took over. They, slowly but surely, were evolving<br />
into a true trader’s platform. They honed their focus<br />
on improving and streamlining data and tools so that<br />
traders would be able to capitalize on each trade.<br />
The team shared the vision of scaling (adding features)<br />
while maintaining platform integrity (not jeopardizing<br />
security and/or speed.)<br />
They Soon:<br />
· Listed on https://www.yawww.io/<br />
· Listed on https://solanart.io/<br />
They made these strategic moves to help gain momentum<br />
at such a “renewed” early stage.<br />
Months passed as they continued investing their money,<br />
energy, and nearly every waking hour into Scalp<br />
Empire.<br />
But traction was being made, and the proof was in<br />
their:<br />
· Announcement of their first collaboration with<br />
“Trading Apes Gang”<br />
· Begin implementing notifications into their platform<br />
· Continually worked on increasing the sniping<br />
performance of their tools<br />
· Broadened their customer base by offering a<br />
subscription-based model — however, these<br />
customers have restricted access to the full features<br />
offered on the platform.<br />
Not Out of the Weeds “Yet”<br />
While things were headed in the right direction for<br />
Scalp Empire, they were by no means clear of turbulence.<br />
In fact, the company itself was rugged twice during this<br />
growth period! The first rug was not as bad, a learning<br />
lesson indeed, yet one that was a “minor” blow.<br />
Unfortunately, the second rug wiped them completely<br />
out. Their company wallet was imported into Slope<br />
Finance, which in early August of 2022, endured a<br />
multi-day, multi-million-dollar exploit. It is estimated<br />
that over $4 Million in funds were stolen from over<br />
9,231 Solana wallets — sadly, Scalp Empires’ entire<br />
funds were one of those compromised wallets.<br />
At this point, the company was completely drained of<br />
funds, and if weren’t for one move, then this would be<br />
an entirely different story. Thankfully, they had paid<br />
their infrastructure invoice right before their wallet got<br />
drained.<br />
The true meaning of building from the ground up<br />
(again).<br />
Platform Features<br />
Security<br />
First and foremost, Scalp Empire is a big advocate of<br />
security and protecting your assets — and their “Main<br />
122<br />
<strong>SHILL</strong> <strong>Issue</strong> #<strong>80</strong>