Juli πŸŽ©β†‘ pfp

Juli πŸŽ©β†‘

@juli

775 Following
4716 Followers


Juli πŸŽ©β†‘ pfp
Juli πŸŽ©β†‘
@juli
Wanna battle?
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Juli πŸŽ©β†‘ pfp
Juli πŸŽ©β†‘
@juli
$DEGEN FOR APPS WITH EARLY PMF (Invest in growth, not just seeds) 1️⃣Most crypto ecosystems try to onboard teams with generous grants and then grant recipients build, maybe get temporary success via token incentives & leave - either for the next grant or for a bigger opportunity 2️⃣We distributed $Degen well and got lots of Degens now. These early, unincentivized users are hard to find and a huge unlock for apps with MVPs that require early users & honest product feedback. 3️⃣So, what do you think about NOT AIRDROPPING tokens left & right anymore but rather scaling down economy costs and going forward with a more focused strategy, helping dedicated, homegrown teams that integrate $degen meaningfully with some funds (aside creators) BUT MORE IMPORTANTLY doubling down on social, socialfi apps that find pmf without token incentives to integrate $degen deeply & grow bigger in the Farcaster x Base x Degen ecosystem. https://warpcast.com/juli/0x5c3434dc
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Juli πŸŽ©β†‘ pfp
Juli πŸŽ©β†‘
@juli
Where are the $degen diamond hands? 🎩 I don't think all of the points made will be valid when crypto matures but today I'd agree with most of the points. Degen did many things right early-on. Maybe there's more to incorporate for $degen to a) enable the powerusers & b) further grow the user base. cc @jacek
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Juli πŸŽ©β†‘ pfp
Juli πŸŽ©β†‘
@juli
Good blog - Worth thinking about.. 1️⃣ Tokens represent a financialized belief system, where the volatility of the token serves as the most powerful GTM strategy. 2️⃣ Make Diamond Hands Filthy Rich: Reward early loyalty generously and establish a momentum-driven system to reinforce commitment within this belief system funnel. Imagine a pyramid where the width of the base determines its height; diamond hands form the foundational base for how high the FDV can be built up to. Price always leads the narrative." 3️⃣ PoS stakers hold coins at the opportunity cost of capital. The less productive a PoS coin is, the harder it is to establish a strong base of POWER users. Lock drops & airdrop farming are the worst forms of token distribution. The sunk costs for these behaviors are often proof of meaningless work, making it hard to value the β€œcost” & failing to attract either POWER users or MARGINAL users. https://medium.com/primitive-ventures/tokens-is-a-financialized-belief-system-3faaff2b65a6
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Juli πŸŽ©β†‘ pfp
Juli πŸŽ©β†‘
@juli
Feels good to be back in the top gainer category among all these well-known, prestigious tokens πŸ˜‚
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Juli πŸŽ©β†‘ pfp
Juli πŸŽ©β†‘
@juli
Lending in Grace is live. App looks nice but DYOR 🎩 80% collateral factor on $degen 🎩 Borrow USDC at 10% APR 🎩 Additional fee of 0.82% when you deposit 🎩 More USDC would be great for Degens to buy more $degen https://app.grace.loans/borrow https://x.com/GraceProtocol/status/1803049319374725550
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Juli πŸŽ©β†‘ pfp
Juli πŸŽ©β†‘
@juli
πŸ‡­πŸ‡·πŸ‡©πŸ‡ͺwill make me happy today 🀞🏽
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Juli πŸŽ©β†‘ pfp
Juli πŸŽ©β†‘
@juli
Lots of heated discussions: good to see so many builders, marketers, hodlers care about improving $degen, tipping, Farcaster. Hope we find good solutions to add value for holders, make it easier for newcomers, have better chats on FC, improve tipping behavior with skin in the game & come back much stronger together.
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Juli πŸŽ©β†‘ pfp
Juli πŸŽ©β†‘
@juli
If you have been here for some time, you should have accumulated $degen & be in a good position. If you are new to $degen, want to use it to grow your project, channel, influencer reach, get $degen. If you want to earn, build w/ $degen, create good content, get tips. More incentive for good tipping behavior needed?
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Juli πŸŽ©β†‘ pfp
Juli πŸŽ©β†‘
@juli
Nice substack on airdrops, FDV at launch and comparing token price developments. There might be some selection bias but thereβ€˜s strong correlation of better price developments, initial FDVs during bear/bull times https://open.substack.com/pub/coinmetrics/p/state-of-the-network-issue-264
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Juli πŸŽ©β†‘ pfp
Juli πŸŽ©β†‘
@juli
If you plan on using $degen to grow your following, your project, your channel, maybe itβ€˜s a good idea to get some tokens before this launches 😎
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Juli πŸŽ©β†‘ pfp
Juli πŸŽ©β†‘
@juli
User-Owned AI Stack Another rabbithole to go down. Drop your recommended readingsπŸ‘‡πŸΌ https://x.com/ilblackdragon/status/1802996246841327932
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Juli πŸŽ©β†‘ pfp
Juli πŸŽ©β†‘
@juli
This is a good example for fun, quality, speculative apps that we should build around $degen or might convince to use Farcaster & $degen instead or additionally to the current Twitter - Telegram setup.
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Juli πŸŽ©β†‘ pfp
Juli πŸŽ©β†‘
@juli
Did you guys see time.fun? This looks like a solid MVP. All the core functionalities are there and some mechanisms to make sure this works for creators and speculating/paying users.
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Juli πŸŽ©β†‘ pfp
Juli πŸŽ©β†‘
@juli
How cool is this?!
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Juli πŸŽ©β†‘ pfp
Juli πŸŽ©β†‘
@juli
Build products you, your friends, people want. No need to launch a token to get early users. Better launch without a token, and use a token only when you know which incentive is exactly needed to onboard new hardcore users and retain the real users. Don't let value flow out. Add value to your life & economy!
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Juli πŸŽ©β†‘ pfp
Juli πŸŽ©β†‘
@juli
Barriers & opps in crypto tldr: Single builders can launch a cool game, starting with friends & using crypto for payouts: "Play Tetris for a drink". Maybe not a VC case initially but can lead to breakout apps, new users & still grow into more by integrating social.. https://x.com/jrmr92/status/1802658110353416663
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Juli πŸŽ©β†‘ pfp
Juli πŸŽ©β†‘
@juli
Degens assemble 🎩 πŸ‘‡
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Juli πŸŽ©β†‘
@juli
I need a funny $degen meme today!
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Juli πŸŽ©β†‘ pfp
Juli πŸŽ©β†‘
@juli
I want to reward a great $Degen / Degen meme a day from now on. Give it your best shot! πŸ‘‡ 🎩 PS: I'll tip my personal winner a lot, good ones might also get a nice tip but I will not tip any old copycat, low-effort memes.
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