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Eliott Mogenet 🎬
@eliottmogenet
A real NFT marketplace within Farcaster! /farcards took over Farcaster last week. And there's potential for even more in the future... Here are a few growth mechanisms that make this project intriguing 👇
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Eliott Mogenet 🎬
@eliottmogenet
#1 - Social distribution and virality Everyone has the ability to mint their own FarCard. As the collection is closely tied to identity, you can’t resist. Is the peak of Frames transactions on April 22 related to the launch of FarCards?
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Eliott Mogenet 🎬
@eliottmogenet
#2 - Bet on creators As people begin trading their friends' Farcards, it's conceivable that they will soon amass large collections in anticipation of future hype around profiles.
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Eliott Mogenet 🎬
@eliottmogenet
#3 - Trading inside Frames You don't need to leave the frame to make a transaction because of the "buy" and "sell" buttons. As such, every frame becomes a shop entry in the social feed. This also guarantees security, as there are no other website URLs involved.
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Eliott Mogenet 🎬
@eliottmogenet
#4 - A social layer for social applications As Farcaster data is composable, various applications for Farcards are possible in the future. They could even serve as currency in games within or beyond the Farcaster platform.
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dawufi
@dawufi
Farcards attracted fans and speculators, not gamers this is a misalignment of audiences the rest of the analysis is interesting though, will be fun to watch it all play out tx for real /growth content 2000 $degen
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