Hgr11 on Warpcast

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new mini essay about where i think onchain communities end up https://article.app/mrtn/new-onchain-communities

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Good write up. What are your thoughts on the future of higher?

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My thoughts on Higher haven’t changed much in the last few weeks, anything specific you’re curious about?

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In regards to the article I'm curious if you think the Optimists collection and Aether satisfy the NFT and AI agent components for Higher? Are they, in their current form, strong enough to make higher a top 10 community in crypto? If not, what needs to be changed/enhanced? And speaking of Aether, are you working on a v2 or do you think it was just a one off fun project? During the initial AI mania $higher caught a bid in what I assume was the market pricing it as an AI coin, but only tangentially. A lot of people didn't know Aether was related to higher because it was different name (they even created an Aether token). In hindsight, do you think it was a miss to not name Aether something like higher_bot or higher_ai, so people from outside our community could easily understand what we're doing? Sorry for the word vomit. I just started typing and then realized I actually had a lot of questions for you 😀

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Great questions! I think generally the parts are mostly there for Aether - the decentralization and lack of character IP means we're a little different than other projects, but ultimately I think we're in a good spot. The AI agent isn't necessary for the projects IMO, like you mention it's mostly just a narrative / way to catch a bid. For Aether v2, I'm exploring a lot of ideas. When I launched it, there weren't really agent tokens like we have now, maybe I would have named it something different if I knew what I know now, but even if it was called HigherAI, I think the token would have experienced similar things. Higher is scary because there are so many projects, memes, coins who pop up, capture the zeitgeist and explode past our valuation, and then usually come back to reality. Just like Higher's first pump. But ultimately we are trying to play a longer game - we have to remember we are doing something _different_, not just competing with everyone. We want to win our way, it'll just be slower at times

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can you expand on that final paragraph?

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Quite a few tokens have popped up since Higher launch, that surpass Higher massively in attention, volume, marketcap for a period, and then come back to reality, sometimes above or below us in $ value, but usually somewhere reasonable. Meanwhile, our token price does its thing. I would say so far 80% of the price movement is highly correlated to other similar Base tokens. So the market is not actually pricing in Higher is what we know it is - a revolutionary way to build a meaningful brand and community onchain. Because of that, it's quite frustrating to see other things doing well. So then we tend to think we should copy the others, when in reality we need to keep doing what we know is right, following our own ebbs and flows, and trusting the process. Until we see someone doing what Higher is doing but better, I am not too worried. Our path will not be linear.

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I'm in higher precisely because I see its potential at a community and brand level. It's something people can really relate to and feel proud to be a part of. I like your approach, but I would like to emphasize that we are competing in a market that monetizes attention and that has a limited time window. When the music stops playing at the macroeconomic level, projects that have not achieved a considerable MC will most likely capitulate.

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