Jayme Hoffman

@jayme

1573 Following

154383 Followers

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Vitalik swaps for $ANON

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What's the likelihood that this person is currently on Farcaster? https://x.com/WatcherGuru/status/1859305091406364874

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New experiment for /wwm For the next ten days, I will create a clanker token for the wildest thing I see in crypto. 1. I'll choose the wildest cast 2. I'll deploy a new token from replies using @clanker by @proxystudio.eth 3. I'll buy 0.01862 (Homestead Act) of every token with wwm.eth so that I have /skininthegame and the onchain story Here's the first one 👇

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Clanker is doing half the volume of the largest EVM memecoin launch pad. One of two things need to happen for this activity to thrive: - More crypto degens need to adopt Farcaster - More Farcaster content needs to spill over to X/TG

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Kid dumps Solona memecoin for $30K on livestream and flips off cam Internet pumps token ($Quant) to $55M making his dump worth $3M

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EVM memes: “In just 1.5 months since the platform debuted, it saw already 13.6K plus memecoins launch with an overall volume of $430 million,”

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The best crypto founders I know do a good job at walking the line between utility and speculation. They don't build the casino; they build the roads, plumbing, electricity, parking, and other infrastructure for the casino to thrive. They don't hate or dismiss the behavior; they just see it as another piece of the ecosystem and focus on the long term.

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The potential next SEC chair

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Liquidity quality is essential in networks and marketplaces but may be more critical in crypto, where assets are on the line, and interactions are transactions. I'm bullish on Ethereum, Farcaster, Higher, Degen, Frens, Anon, etc., because the quality of the liquidity, although small, is burning really, really bright.

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If you're building for crypto startups, make sure you're solving a problem that enables PMF (i.e., infra, auth, payments, treasury, distribution) vs. a problem they have after achieving PMF. I recently explored some building tax and compliance tools for crypto startups and was reminded of this. Here are a few lessons: - Tax and compliance are important but are post-PMF problems. Most crypto startups do not have PMF and don't think about these issues at all. - For the few startups that think about these issues, spreadsheets, block explorers, and traditional accounting software work just fine. - Competition is good, too. Stripe Connect is positioned well to solve user tax and compliance challenges (i.e., tracking, generating, and filing 1099s), and Integral.xyz has built a world-class QuickBooks alternative for crypto teams.

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At some point, everyone here has to pay taxes lol

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Uniswap v4 will be rocket fuel for Base assets - Cheaper pool deployment - Lower fees on complex swaps - Programmable pools (expect wild shit)

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Re Solona DEX ATH: Pump.fun had a record-breaking day yesterday.

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Bet on Farcaster

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Takeaways from last night: "@afrochicks content is cool on its own, not just within farcaster" - @keccers.eth @janehk is a baller and one of the most helpful people in crypto Visit Palo Duro Canyon (second largest canyon in US) @0xkofi's BundleBear has gotten really good Study EIP-7702

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Fun idea for a Farcaster mini app - Create streak bet pvp or channel - Deposit token/amount required - Track casts for given time - DC with bot updates

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Dune founder was forced to leave Norway because of taxes. "Not only all my income, several times more than my income"

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Wild rise for Jake Paul Started: Prank videos on Vine Going: Mike Tyson fight on Netflix https://youtu.be/YRIn5m5w094?si=4TULWsn9TWPCQh87

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Seeing a Farcaster bot use a Farcaster bot to pay out Farcasters made me realize how early and innovative @perl v1 was. Keep going @ace @peter

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TIL Gauth is made by ByteDance (Toutiao, Douyin, Tiktok, CapCut). If you're building a mobile app, I highly recommend playing with this app. It's very good. "ChatGPT and an AI study companion called Gauth (developed by ByteDance) led in AI." @joshcrnls https://paragraph.xyz/@joshcrnls.eth/nov-15-2024

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