Memes

any ideas?
Is Farcaster economy's liquidity only enough for one memecoin launchpad?

Kinda feels like people need more reasons than just a meme (unless it’s something truly novel or super viral) to buy a token these days. So almost all tokens tokens with no background or greater intention for people to buy into just go to 0 soon after they launch. 

Larry forces you to make an effort to convince a few people to buy in for it to launch and I think that’s a bar that’s too high for most people on farcaster rn and I don’t think that’s a bad thing

Going forward I think we’ll see the reemergence of whitepapers and ICO-type fundraises except with more interesting mechanics than 7 years ago

cypherpunk wannabe, engineer working on @frames /open-frames /opencast
https://stephancill.co.za create stories at https://stories.steer.fun

People need more than memes to buy tokens, leading to many failing. Larry's high bar for launch on farcaster is challenging but potentially positive. Reemergence of ICO with new mechanics anticipated