Jason Goldberg βοΈ π
@betashop.eth
Myth: βFarcaster isnβt big enough β Reality: 2 billion moxie worth of fan tokens transacted by Farcaster users the past 54 days
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Icetoad π© π πΆ π π
@icetoad.eth
Idk if that's the metric that makes the most sense to use there, is it?
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Ivy
@ivy
it isnβt, itβs conflating the protocol token with users
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Jason Goldberg βοΈ π
@betashop.eth
The number Iβm talking about is not the protocol token. The 2 billion number is the volume of farcaster fan tokens bought and sold - which can only be done by farcaster members.
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Ivy
@ivy
'worth of moxie' isn't talking about the protocol token? you're equating the value of fan tokens to the protocol token in an attempt to answer a question about the number of users it's not useful without the average usage per user, and where the hotspots for that trading volume are along a timeline from launch to now if fc gets 100k users tomorrow what's an accurate estimate of how much volume that will add?
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Jason Goldberg βοΈ π
@betashop.eth
The only way to buy fan tokens us by locking moxie into the protocol The value of fan tokens is thus based on moxie 2 billion moxie worth of fan tokens have been bought and sold already by farcaster members Pretty significant I think! Hereβs the usage timeline u requested
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