↑ antaur ツ on Warpcast

Content pfp

0 reply

20 recasts

20 reactions

Coop pfp

@coopahtroopa.eth

I believe a big reason FC is not seeing more growth the last few months is due to a lack of interest and acceptance of trading and memecoins being the dominant narrative this cycle. FC's infra is best suited to be the defacto home for token projects and yet we see very very little projects doing so. I understand and appreciate the commitment to building, adoption and sustainability. I also recognize that 99% of memecoins will go to 0 by the end of this cycle. However - the current approach is making FC feel like a place that has an entirely different set of convos, most of which are not currently EV+. I say this all as someone that cares deeply about FC and it's growth but think it's important we recognize that crypto-natives on Twitter do not see value in being on here and that feels like a problem to me in the context of the next 12-24 months. It is unlikely that FC just leapfrogs crypto-native adoption and gets an influx of mainstream users without winning the wider crypto crowd over first.

27 replies

33 recasts

212 reactions

ted (not lasso) pfp

ted (not lasso)

dude what x2 imagine someone fading Coop Recs because you don’t worry about what crypto twitter says about you imagine someone doubting that you’re able to grow Coop Recs because you don’t lean into memecoins when onboarding users at midnight diner ps most users who come for memecoins leave (they already did)

4 replies

3 recasts

46 reactions

Coop pfp

@coopahtroopa.eth

Disagree that most users who come for memecoins leave. I think this category is the fastest growing in crypto and best reflected by Moonshot dominating in the app store - more so than any other crypto mobile app built by teams on FC. Most people do fade Coop Records - and I think its perfectly logical why and that we need to better fill that gap to meet the market where it currently is. We tell everyone we onboard that they get loyalty points and memecoins for collecting music at Midnight Diner. Most people are actually pretty familiar with them and excited by the prospect of earning. Memecoins are an increasingly popular topic amongst people new to or curious about crypto and I expect that to 10-100x over the next 12-24 months.

4 replies

0 recast

11 reactions

Anemale🎩↑🔵ツ pfp

Anemale🎩↑🔵ツ

I speak from my experience, and here is my perspective on art. Yes, the Twitter sphere emerged in March and April because they were intrigued by the same coins, especially degen. They arrived in droves, cultivated without any hesitation, sold, and then left without a second thought, selling everything and never coming back. I'm talking about the big art collectors(crypto punk, Fidenza…); some stayed, but very few, as their community is on Twitter. They have their networks and followers. If they come here, they want a profit that they won’t get unless they invest in Moxie to distribute Moxie and degen to do the same. But their mentality is not at all like ours; we have a group spirit, while they are much more individualistic.

2 replies

0 recast

0 reaction

↑ antaur ツ pfp

thanks for sharing your experience-based perspective with a focus on art. do you think that Moxie can be our attractor token for new users on FC who stay and co-create this together with us? At least a higher % compared to transient $degeners?

1 reply

1 recast

1 reaction

Anemale🎩↑🔵ツ pfp

Anemale🎩↑🔵ツ

One of the greatest art collectors in the world, Cozomo de' Medici, made this kind of remark here: 'Are you only good at cultivating tokens here?' And he didn't see where art was being highlighted. It wasn't meant to be mean. Just a misunderstanding regarding this space, and when we take a step back from this situation, 90% of artists on Twitter have no sales, even 95%, and 95% of artists can have a small income from tips with sales at €0.30 per artwork (which is a bit ridiculous since the number of mints is quite low), so I don't know if they can adopt this kind of mechanism with fan tokens.

1 reply

0 recast

0 reaction

↑ antaur ツ pfp

so are you advocating to bring more artists to rode or zora? I mean everything above zero compounds over time, no?

1 reply

1 recast

1 reaction

Anemale🎩↑🔵ツ pfp

Anemale🎩↑🔵ツ

Most of the time, I see between 10 and 30 mint. Indeed, it adds up to just over a dollar, but honestly, I don't know what to think about it. Is it better to chase after selling artwork on Twitter, where you might never make a sale, or to sell a piece here in an edition for $10? 🤷

1 reply

0 recast

0 reaction