basil on Warpcast

Content pfp

0 reply

20 recasts

20 reactions

basil pfp

bad take? fc was bootstrapped by base (namely cb & ex-cb folks), op ppl & a subset of early adopters, predominantly native onchain builders who were interested in the tech it experienced its first big onboarding event at the interjection of base improvements & increased adoption, the introduction of frames & the rise of $degen those who got in on degen early, made a bunch of money & stayed, but are now exhausted by bad g(dau) those who were interested in frames, were likely the same folks who were early fc adopters & thus had little impact on daus those who were interested in base, were likely interested in profits & so either: -churned when base memes starting popping up on x & engagement/liquidity flatlined on fc -got burned on a newer fc meme & churned -or, stuck around to end up in $higher & others, like $ham/gaias—tho these projects are now looking at channel & chain alternatives as well so as ai interest churns, fc increasingly needs base & higher, but they become less dependent on fc

4 replies

3 recasts

28 reactions

basil pfp

at some point fc needs to be additive to base eco & projects building on fc, but if fc can’t produce dau growth, the projects building here will go elsewhere right now fc is propped up by base, higher and degen & without the collective exposure of these projects, fc would be in a much worse spot today in other words, its more than 2 years in(?) & it’s now time for fc to acquire new users & figure out how to retrain them or they run the risk of other builders passing up on building here

3 replies

0 recast

12 reactions

basil pfp

so if the timeline is still just og circle jerking, gpt conversations & moxie slop going into 2025, i’d be weary as none of these things will drive any real retention but don’t worry, this is just a half-baked take from a guy who shares a name with a plant

2 replies

1 recast

13 reactions

O+< pfp

well said couldn’t agree more

0 reply

0 recast

4 reactions

SQX pfp

Why everyone always leave out tn100x The 🍖 The one that tried to bridge the X divide. The one who revolutionized tipping with emojis. The one who settles daily on chain.

0 reply

0 recast

1 reaction