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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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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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degen chad 🎩😉Ⓜ️
@degen-chad
They’ve pretty much said they aren’t
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tradehigher.base
@yeoraemyson
Thanks Chad! I love your analysis based on facts and god experience
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