Myth: “Farcaster isn’t big enough “

Reality: 2 billion moxie worth of fan tokens transacted by Farcaster users the past 54 days

Idk if that's the metric that makes the most sense to use there, is it?

I like pleasure spiked with blockchain and music is my aeroplane. It's my aeroplane. /pizzadao underboss and /pixelwooks co-lead. Featured in "Number Go Up" 📖

it isn’t, it’s conflating the protocol token with users

backend eng; full-stack curious

writer, icon, retired rave queen

The number I’m talking about is not the protocol token. 

The 2 billion number is the volume of farcaster fan tokens bought and sold - which can only be done by farcaster members.

The only way to buy fan tokens us by locking moxie into the protocol 

The value of fan tokens is thus based on moxie 

2 billion moxie worth of fan tokens have been bought and sold already by farcaster members 

Pretty significant I think! 

Here’s the usage timeline u requested

'worth of moxie' isn't talking about the protocol token?

you're equating the value of fan tokens to the protocol token in an attempt to answer a question about the number of users

it's not useful without the average usage per user, and where the hotspots for that trading volume are along a timeline from launch to now 

if fc gets 100k users tomorrow what's an accurate estimate of how much volume that will add?