Jake Dwyer
@jakedwyer
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Jake Dwyer
@jakedwyer
Not entirely dissimilar to what @elonmusk has teased with $DOGE and Tesla Another example where it’s easy to laugh off meme tokens as a joke but this can be an interesting new model for value creation if approached creatively and earnestly.
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Jake Dwyer
@jakedwyer
If the protocol wanted to issue certain rights to verification or other premium aspects of the service and charged in $DEGEN they’d accumulate massive balances of the token and as price goes up, so would their treasury.
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Jake Dwyer
@jakedwyer
One primary downside would be that the Farcaster team wouldn’t have the ability to create exposure to their native token the way other teams do. But that’s easily overcome if you decide that $DEGEN is the native currency of the platform.
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Jake Dwyer
@jakedwyer
What if @farcaster decided to never issue a token and instead adopted $DEGEN as their native token? Feels like an opportunity worth at least contemplating.
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Jake Dwyer
@jakedwyer
Tokyo 100%
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Jake Dwyer
@jakedwyer
Train travel in the US is basically just a way to be able to be mobile or distracted when going from city to city without risk of traffic (most of the time) at the same speed as a car.
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Jake Dwyer
@jakedwyer
What are notable extensions of the “helium for x” model that have gained traction or are underway? Excited to see who’s building here, particularly beyond physical infra and more around incentivizing collaborative science or creative work for “real world” impact.
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Jake Dwyer
@jakedwyer
Improved user onboarding experience - and not just for social. Anything that starts with “install wallet” breaks mainstream adoption
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Jake Dwyer
@jakedwyer
Getting up and running here
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