androidsixteen pfp
androidsixteen
@androidsixteen.eth
@olaf is leaning into hyperclankerization of the feed
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callum
@csmit
Not sure whether or not there *should* be, but there probably *will* be a token for almost everything, and most trading will be done algorithmically
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androidsixteen
@androidsixteen.eth
Ya absolutely, if token deployment are trading are near zero cost, everything will become a market and most will have really shitty liquidity Opportunity cost of capital becomes the bottleneck instead of financial infra
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callum
@csmit
I wonder if not only token deployment becomes automated, but also token economics?
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androidsixteen
@androidsixteen.eth
Already has? Everything has a billion units by default and schelling pts for dev allo and casino LP allo emerging
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callum
@csmit
True but like what if u could go hey clanker make poopooV69420 with bitcoin style issuance
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androidsixteen
@androidsixteen.eth
So you could have a fee market problem in 200 years? 🤣
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callum
@csmit
Lmaooo yes, or a ridiculous burn rate, like to the point where no tokens will exist within a year
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androidsixteen
@androidsixteen.eth
I think the main issue is that this is in an uncanny valley for products On one end, memecoin launchers / gamblers don’t care about good token economic design On the other hand, high quality issuers will roll their own token and deploy bespoke contracts Until there is serious volume for a class of tokens where design matters, I think we will just have a bunch of garbage fair launch token launcher / casinos
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callum
@csmit
Maybe a high volume of memecoins with basically random tokenomics would improve the market for tokens with better fundamentals?
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androidsixteen
@androidsixteen.eth
Or it could taint the entire asset class for the time being 🤷‍♂️
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callum
@csmit
Are we not already at that stage tho, way I see it is we have entered the galactic warlord market manipulation stage of crypto
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androidsixteen
@androidsixteen.eth
That’s true, can’t get much worse than this
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