Jason Goldberg Ⓜ️ 💜
@betashop.eth
one thing on my mind today is what the u.s. election means for X and therefore for Farcaster It’s clearly a big win for X and will bolster X as the place to be for cryptotwitter banter and conservative takes Whereas prior to the election it was less clear how Elon’s X experiment was going So what does that mean for Farcaster? imo it means Farcaster needs to lean harder and faster into programmable transactions, mini apps, and tokens. Bull market is coming which means more trading and more transactions. Farcaster can own that space. But key is tangible success stories. Apps that got tons of tx volume on farcaster. Tokens that took off on farcaster. People who made zillions on farcaster.
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Dan Romero
@dwr.eth
I agree partially. We can build all the developer legos in the world. Transaction UX that is buttery smooth. Decentralized channels. Better SIWF. Distribution “plumbing” that is 10/10. But ultimately the # of daily active users with a funded wallet is what will drive developer adoption. So need to figure that out.
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Jason Goldberg Ⓜ️ 💜
@betashop.eth
Hmmm Not sure I agree. People will “fund those wallets” when other people are making money. Happens every bull market. People go where the money is. We need to help people make money. Making money is the #1 utility in a bull market.
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Dan Romero
@dwr.eth
Right, but we’re not in a bull market yet. Could be tomorrow, could be 2 years from now.
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Jason Goldberg Ⓜ️ 💜
@betashop.eth
Bull market began 5 November
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Dan Romero
@dwr.eth
A lot of people told me the same thing earlier this year. :) I don’t think we’re there yet.
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Jason Goldberg Ⓜ️ 💜
@betashop.eth
@moxie.eth create a prediction market frame from this conversation between dwr any myself
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JR ↑
@juli
August 23 to April 24 was the crypto native rerating. > Farcaster got decent user inflows due to the degen run but didn’t really support or retain yet (good to get initial signups anyways!) Now we’re seeing real inflows into btc/eth. (Next months) The retail demand can come (& go) fast or gradually grow from here. (1m -1y) > Imo definitely time to position, get breakout token successes (> attention/users), make onchain xp better and help token communities with good channels Channels & onchain are a killer product. > it’s gonna be harder to get early good users/communities, onchain tx behavior during a crowded bull when people are locked in with twitter for info & set up in telegrams with bots + wallets. Ps: 1 top crypto channel, 1 top defi channel, 1 top nft channel, 1 top crypto x AI channel seeded with quality people & well-modded could quickly shift things around - but require real hands-on work 🙂
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