Saturday AMA — Farcaster or any other topic

Working on Farcaster and Warpcast. Longer thoughts at https://dwr.email

I’ll say whats on everyones mind. Will there ever be a farcaster official token?

Okay so the answer is there isnt a need for any “yet”, gotya.

No. I’m genuinely curious what people think a token should do.

Not sure why a token solves any of those:

1. Governance — why do you need a token? Bitcoin and Ethereum don’t govern with tokens.

2. Good content — we pay rewards today with USDC.

3. We’ve reduced and continue reduce network fees since they hurt good user growth vs. prevent spam.

Governance,monetizing good content, network fees for onchain actions, spam prevention(maybe staking to cast), off the top of my head. I know differnet third party developers have already found ways to solve most of these though