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Content
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Coop pfp
Coop
@coopahtroopa.eth
The DEGEN playbook. 1) Give people a free airdrop + allowance 2) People give it to friends through tips 3) Founders see people using it and integrate it in their app 4) The price goes up 5) People talk about how much they got and gave for free. More teams should use this exact same blueprint.
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Vlady🎩
@vlady
i rember this day
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tldr (tim reilly) pfp
tldr (tim reilly)
@tldr
Great description – others have a lot of catching up to do when it comes to network effects within farcaster tho...
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tyler ↑
@trh
The only quibble I’d make with this is being specific about the novelty of the allowance — *not* airdrop — distribution. The community handing out the tokens based on merit, not just the team, is remarkable and worthy of study. $degen is POC: Proof of Contribution
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ithmz.base.eth
@ithmz.eth
For a later joined farcaster like me, it’s hard to handle a 10k DEGEN than ever, because now it’s worth 100usd.
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tani pfp
tani
@tanishq
Not to forget the timing coop! A lot happened because it was launched in that phase of Farcaster. Really good execution none the less, as you pointed out!
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Push 🎩🤌🏻
@push-
If this ain’t true bro💆🏻‍♂️🖤 It’s like the perfect win/win loop circle, just pure genius✨ Plus as a creator it’s really nice to finally have a tip based platform🫠
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agusti
@bleu.eth
brilliant
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Petra ⊙
@0xpetra
This feels like the vampire effect of sushi. Some tokenomic innovations nobody implemented. Makes me wonder what secret sauce we’re still missing out on.
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realitycrafter.eth pfp
realitycrafter.eth
@realitycrafter.eth
More teams should just do step 3 with $DEGEN. This strategy works best with network effects of a single token. Too many will saturate the model.
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kape
@kapetrdr
how do i check it
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Mehdimp
@mraltcoiner
Like
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B7
@blue7even
Great piece! It is, in a way, a sort of digital circular economy where everybody wins not uniquely for their inputs but mostly by the snowballing network effect it creates! 👌🏼
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PurplNght
@kwame
I have only just arrived on Farcaster so I missed all this good stuff, but sounds like it definitely worked
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Lucius Fang
@luciusfang10
Wondering where i was all these while. Bought some $DEGEN to be a part of the community.
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CasterBites
@casterbites
Congrats! 🥇 Your cast ranked #1 today on CasterBites! You've been awarded 1000 $DEGEN. Keep up the great work! Discover more trending casts at https://www.casterbites.com/bites/trending
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Dirk Siebels pfp
Dirk Siebels
@disic
I get that and it all makes a lot of sense. Longer term though, what would you imagine it can actually be used for and why is it not just a short-term fad?
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Elsa
@elsa
Good post 400 $DEGEN
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noel
@noelee
Thanks I just signed up and it was a great tip. I didn't know what to do. Unfortunately, I don't have any tips to give yet.
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Stevo Believo
@believo
Genius!
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