what does farcaster think of this take?

feels like this mistakes traders for users. if anything, the actual innovation will come from ownership alignment between builders and early adopters who actually want to USE what's being built

Venmo founder launching a new app called jelly and endorsing this coin. 

Viral marketing stunt. 

All of crypto (young wealthy educated demographic) will know that an app called jelly exists tomorrow. 

The rules to the game are changing right in front of your eyes.

Venmo founder just further proved crypto's killer use case - token marketing &gt; traditional ads. Launch a token, and suddenly the entire crypto demographic (young, wealthy, educated (sort of)) knows your product exists overnight. No Google/Meta/influencer spend required

instead…

Cheryl Douglass

what does farcaster think of this take?

feels like this mistakes traders for users. if anything, the actual innovation will come from ownership alignment between builders and early adopters who actually want to USE what's being built

https://x.com/cherdougie/status/1884825341400698969

Young, wealthy, educated? lol

Big issue is the type of users they are acquiring. You can pretty much forget about any real retention