proxy studio

Category: Pain
Tokens: $DEGEN, $HIGHER, $BUILD, $TN100x
Notes: Our tokens are down bad. Tipping tokens across the board have taken serious hits, but pretty much any asset in the Farcaster ecosystem you want to talk about is down, regardless of distribution of supply, between 70-85% from highs. Curious to hear peoples thoughts: What brings a bid?

Creator of /sands-of-sumaii - the Farcaster MMORPG | Game Designer at @game7

I don't think that will happen personally 

our tokens are down because farcaster people continue to sell them and no new people are buying them

I hope that changes!

I also wouldn’t see a US based company messing with a token with other big challenges to overcome, specially with a big VC funding on their hands that gives them plenty of fuel to build worry free for a long time. 

Btw, VC money in the equation might mean a no no for tokens anyways.

contributor /obscura.  Balancing spreadsheets and shutter speeds. products. photography. art. global south. https://gallery.so/gillotine

Florianópolis, State of Santa Catarina, Brazil

This. As it happens, a lot of the current talk about a Farcaster coin is /because/ of a misreported VC sheet from their May raise. I think your estimation is correct: VC involvement at this stage makes a token /less/ likely and eventual IPO /most/ likely. They're San Fran technorati; they'll go the conventional American route.