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woj ツ
@woj.eth
degen and ham chains were mistakes and they set the whole farcaster ecosystem back im posting this after reaching out to @jacek and @deployer privately, but since they both answered that they have no plans on sunsetting the chains, i want to give a heads up to all other teams building their economies on farcaster: don't launch you own chains 1. fc ecosystem only has a chance to work if there is a lot of liquidity in one place 2. separate chains fragment the liquidity and only benefit the passive token holders (less sell pressure) and mev bot operators (arbitrage between chains and pools). actual users pay in UX, mev and fees 3. devs who want to launch integrations with these projects are fucked because most infrastructure providers don't support these small chains im building supercast wallet and it's beyond frustrating to see how close we were to having something truly great and how much harder it is to build a good UX on top of these projects because they selfishly decided to launch their own chains
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woj ツ
@woj.eth
also doesn't serve me to say this because i have money in both projects, and it probably costs me some friendship points with jacek and deployer but i feel very strongly about this and i want others to avoid following this path just build on base, it's already hard enough
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not parzival
@alexpaden
it enables gaming at a more obscure layer, the same as as paypal enabled payments that others might not have for many years (imo) though liquidity is a valid argument
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Caden
@cbxm
can you say more about how it enables gaming? we talked about how I think degen chain killed degen, so I'm curious about the positives
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not parzival
@alexpaden
any layer of obscurity in crypto that makes mapping transactions harder to track has a unique value prop in the same way that paypal requiring minimum kyc did during its early years, or cash app now. gaming is a unique opportunity. i think this argument is more about possible opportunity cost of having not launched, but it’s hardly for farcaster vs degen community considering degen brought all the attention in the first place
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