https://x.com/hi_im_nico/status/1892835587780202836?s=46

Convinced that the best products don’t need a token and the best tokens don’t need a product

Study Base & Farcaster: both have higher retention than most token products

Some protocols need a tokens and some don’t 

But the best tokens don’t need a product
And the best products don’t need a token

Study Base &amp; Farcaster

nicolette duclare (Nico.cast)

Founder far.quest & @wieldlabs.eth. Investing miy.com ventures. FID #274. Previously Square/Cash App. https://hiimnico.xyz/

Wait… the best tokens don’t need a product??

Struggling a little bit with that logic. Wanna help out?

Ahh yess… I see. But what happens to subcategories like… utility? Perhaps we get away with too much with “tokens”.

I used tokens in the abstract term but think of dogecoin, you don’t need a product for a “good” token