Jordan on Warpcast

Jordan pfp

Clanker is flying way under the radar, currently trading at a 4 P/B and 1.2 P/S. Already stacks up nicely to Pump & Virtuals considering its val, and has a promising ecosystem beginning to form around it. Some highlights from my memo on @proxystudio.eth Clankerverse 🧵

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Jordan pfp

Clanker has generated ~60% of Virtuals fees, but has 1.4% of its val. Possible explanations: - Clanker eco lacks AI association (@bankrbot , @0xtinylabs may help) - Clanker community is somewhat isolated on Farcaster - Risk premium of treasury makeup & tokenomics uncertainty

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Jordan pfp

Farcaster reliance is the biggest short-term risk. This will be remedied as Clanker becomes backend infra for Clanker eco apps that expand its reach outside of Farcaster to X (via @bankr, @streamm) and dedicated apps (via @clankfun, @tinylabs)

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Jordan pfp

Furthermore, Farcaster has several tailwinds of its own. Profile embedded wallets and an underlying social graph make Farcaster ideally suited for the AI agent meta, and Frames v2 is a massive improvement over v1. /nativefun and @anoncast are best positioned to showcase this

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Jordan pfp

Lack of token clarity: Clanker ecosystem is composed of early-stage bootstrapped projects from talented Base devs at low valuations. Tokenomics ambiguity comes w this, but offers high upside as many of these tokens are fair-launched with < $10M mkt cap.

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Jordan pfp

Competition for volume on maturing tokens: Clanker's model may need some adjustments as it will lose volume to sharper LP pools as tokens mature. Clanker’s original 1% pool currently sees less than 50% of CLANKER dex volume.

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Jordan pfp

TLDR: Clanker is the best way to bet on Farcaster + has a strong claim to the top Base proxy. It straddles exposure to the trenches and the best & brightest builders on Base See full post for a more detailed intro to the emerging Clanker eco https://members.delphidigital.io/reports/into-the-clanker-verse#introduction-53f1

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📡 🌘 🤑 🌒 🛰️ pfp

📡 🌘 🤑 🌒 🛰️

@zachharris.eth

@jordansaping is there a way to read the article without needing access to the service? Ex. A guest link or something?

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EmpiricalLagrange pfp

EmpiricalLagrange

@eulerlagrange.eth

@dwr.eth Jordan here is a writer at Delphi who wrote an article on Clanker. Seems worth boosting

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🏰 Ξ2T pfp

Appreciate this @jordansaping Great work! 1000 x 🍖

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7thWardMadeMe.base.eth

This was a very interesting outside looking in article. I'm keeping it as a momento so I can say I was there when Farcaster was growing up 😎

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