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Content
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Coop
@coopahtroopa.eth
DEGEN feels like the first major major win for people who were early to FC. But what's more powerful is the precedent it set for a new generation of tokens bootstrapped by onchain social graphs. What have learned from watching this historic run? 5000 $DEGEN to my favorite responses 🎩
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Joshua Fisher ⌐◨-◨
@joshuafisher.eth
Don’t fade Fun! I was weary because of the name and what it implied in my mind and didn’t listen to the signal being sent from trusted FC natives. But 🎩 and the behavior it started is fun, rewarding people for good takes is great. The micropayments revolution we dreamed of is starting to emerge for real.
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BORED 🥱
@bored
Rewarding tokens to people who contribute to an ecosystem rather than extract creates a flywheel of long-term loyal users. And somehow all the fancy tokenomics consultants have not realized this the last few years. Or have knowingly ignored it.
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Ramie رامي
@ramie
I saw posts on TikTok today and was a little disappointed that I couldn't award them with 420 $DEGEN
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Minoko
@minoko
Not for the faint of heart. Not many of us are good content creator. There’s a lot to keep up with and learn. But perseverance does lead to small victories and we are all equal in someway. Happy to be a part of something new and unique opportunity.
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Pat Dimitri
@patdimitri
i felt pretty defeated watching twitter engagement get obliterated when it was my primary source of income as an artist - FC showed me that there’s always a light at the end of the tunnel even if it’s not how you expect it to look
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Omishon 💜ᖽ 🎩
@omishon
That we can incentivize organic human interaction (engagement) without bots farming it to infinity as long as the token team is vigilant and monitors the reward system. This is an entirely new flywheel, way above "ref links" and the social point systems we've had before. We've unlocked the next level.
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agrimony↑🎩
@agrimony.eth
Returning power to the people to decide who to airdrop to is powerful incentive. Projects don't need to launch their own token until ready, tapping into ready pool of liquidity
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Eddie Wharton
@eddie
Low friction distribution > DAO proposals
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alvaro delgado
@imalvarodelgado
Definitely learnt to trust my guts and believe that we really can build something meaningful as a community.
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welter
@fun
regardless of the tip, ive learned to never bet against memes with a decent sized community, even if you think its dumb, you're wrong
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tani
@tanishq
One of most wonderful takeaways from this is how we get to preserve the history of a culture’s evolution through time The ability to preserve these early traces of how a culture gets formed! Magical times
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Garrett
@garrett
We’ve learned that coins launched by the community are much more powerful than coins launched by the platform
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downshift
@downshift.eth
i have learned that we are still so early
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matthewb.eth
@matthewb
$degen = utility + memes + network effect in-app tipping, top hat meme, and Farcaster-native growth is a killer combination. amazing to watch but not surprising.
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Future
@future
Can't force a meme to success overnight. DEGEN spent a month mostly under the radar after launch. A team must ship what they promise and overdeliver to sustain momentum. If adjustments are made, base it on iteration and market feedback loops. Being in the right place and time helps. There was demand for this.
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Tom Jeans
@thomasjeans
in a space that has historically been defined to some degree by greed, @jacek and team designed a way to incentivize selflessness and it feels to me like that mentality of having fun supporting your friends has had a ripple effect on the vibes of the entire platform 💜 🎩
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Starboy 🎩✨
@briantoups
The community is the best of Art Twitter 2021 mixed with the best of early Reddit when people could tip in dogecoin. Small community vibes, tremendous growth.
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Callum Wanderloots ✨
@wanderloots.eth
Authenticated digital identity paired with access to open graph development online, in-app, & onchain opens the door for leveraging social graphs at a new level. This reduction in friction and interoperability on the superchain scaled costs to a sustainable level for high pace of innovation, clustered by channels ✨
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Pumbi
@pumbi
That you have to have conviction in the builders and their ideas. Trust the process 🎩
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