We've decided to believe in something.

The creator should take home more than the platform.

If you launch on Larry, you take home 60% of LP fees.

It's retroactive.

only if products are undifferentiated; products have differentiated trust, distribution and mechanisms atm

Building Larry, FOSS via @frames, @framesfun /open-frames to help decentralized social win. a16z CSX23. farcasterchannels.com farcaster.id

differentiated products still need a moat

race to zero is a market mechanic you have to actively defend against

your belief in the efficient market hypothesis is my opportunity

network effect can be a moat

but it's the hardest one to acquire 

and you often have to race to zero to get it

and then it's worthless, so...