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Interesting. Thanks for sharing. Fwiw, I never doubted there will be some kind of developer activity and I’m not doubting their dev expertize. I would expect that to happen, building, innovation, creativity in development, it’s their bread and butter. But being a good developer and running a successful project are very different things. And I’m not seeing (or can’t find) any reliable information that will strengthen my conviction in Degen’s 1) ecosystem builders community (devs, apps, incentives, grants, hackathons, any plans or roadmap or anything), 2) community of creators (memers, competitions, incentives for them etc.), 3) community of holders and 4) token price. Im also interested in some basic GTM strategy, marketing, Twitter expansion as the untapped market etc. Just asking questions. Possible would like to get involved if necessary. 1 reply
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Appreciate the questions, and totally get where you’re coming from. Here’s a quick rundown:
1. We haven’t published a roadmap yet, and we don’t give out traditional grants (they tend to fall short). Instead, we have tip allowances, and @degenpad is a solid way to fund projects through community support.
2. The /degen channel has over 95k followers on Farcaster, and creators get tipped for the content they produce—around 4M $DEGEN gets given out daily.
3. Almost 800k $DEGEN is locked in the Degen vault, with key holders like 1Confirmation, @wake.eth, and other dedicated community members.
4. We aren’t focused on marketing just yet. We’re waiting to hit product-market fit first, but the good news is we’ve kept burn low, so we’re good for the long haul. 12 replies
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