Base

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Unless you already have a giant bag of $degen, what are the advantages for the app creator of launching this w/ $degen vs using Base? I think some of this is cool but this is the piece I don't get.

Unless you already have a giant bag of $degen, what are the advantages for the app creator of launching this w/ $degen vs using Base? I think some of this is cool but this is the piece I don't get. https://warpcast.com/tldr/0x60aa18ae

Building a new place to tell the future: prophecy.market - https://twitter.com/codybrown

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I can see that to a degree. and they can always swap out the coin they support. it also sort of feels like double dipping. you are betting multiple things when you place a bet. which is very... degen, so perhaps on brand.

I think the idea is you get a smaller but more active user base, rather than a larger but more passive base?

they're pumping their own/VC degen bags without the regulatory headache of having a native token. It appears The Man has annointed degen