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https://warpcast.com/~/channel/fan-token-tavern
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degen chad 🎩😉Ⓜ️
@degen-chad
This is a follow up thread to my cast earlier today… Why I don’t think it’s the best strategy to be selling a majority of your Moxie Earnings. These are just my thoughts and NFA. I won’t be able to express everything in this cast. A 🧵 I’m sure I’ll mess this up Please try to read all the way through 1-8
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degen chad 🎩😉Ⓜ️
@degen-chad
2-8 -Farcaster raised $150M at a valuation of $1B. They do not plan to release a token. Moxie Market cap is under 3 Million. My bets on the “de facto” tokens of Farcaster are a complimentary combination of Degen, Moxie and to a lesser but not insignificant extent, Ham. I find Moxie to be the most compelling as it is interwoven into the fabric of Farcaster. You don’t even have to think about it or leave the app to use it. The fan token dynamics make it even more interesting.
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Ⓜ️OODY🎲
@moody1899
I can't dispute anything here either, the big advantage of warpcast is that it's easy to develop it for external projects, that's why it can be diverse, that's not the case with X, for me the durability of degen and ham is not clear, but maybe it's my fault, with moxi it's the picture completely convinced me, although it took a little time to understand!
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tradehigher.base
@yeoraemyson
There was a rumor that Farcaster would release its own native token! Does any credible member or source confirm it would not release its tokens? https://fortune.com/crypto/2024/06/14/crypto-social-media-platform-farcaster-has-about-50000-daily-users-so-why-is-it-valued-at-1-billion/#
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Niko
@nikomfer.eth
if farcaster had a token, what would it be used for?
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antaur
@antaur.eth
Bc you don’t have to think about it - that’s why it’s so different from tipping any coin
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Elank
@elank.eth
Nah this poin is interesting, now marketcap moxie is under 3m and we was so far away from Bull market and altseason. imagine when altseason moxie flies high combine with maybe (assume) farcaster releases news that they will release their native token.. how far the farcaster ecosystem will go (including moxie).
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