Juli 🎩↑ on Warpcast

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Juli 🎩↑ pfp

Can we enable explosive growth for culturecoins on Base? Each of the cultures has great potential to grow a unique community. Individually they are small at the moment and fighting an uphill battle. United in the higher network, connected via a small financial integration (Shared Liquidity) and potentially more collabs among the communities we could set each community up to grow much bigger & win together. IMHO this has the potential to push $higher $ANON $BLONDE $HELVETICA $COMICSANS $CD to the next level! wdyt? 🙂 https://x.com/DegenMVP/status/1866049000438124638

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martin ↑ pfp

Generally I think you’re onto something. I wonder if an Index (just a website tracking a market-weighted price index) could help elevate all of them, and then we could find some way to buy them all at once easily, like pack.limo

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Juli 🎩↑ pfp

I think we can signal with a website, pack.limo & personally push via tracking, copytrading apps but 99% of indices will not get meaningful inflows or lead to recurring value. 1. Not yet a good reason to buy the index 2. There's still no financial integration, little value-add among projects 3. No incentive to promote index vs your own token (except you own all 😄) Generally, index products are packaged marketing products today but aren't easy to sell (See IndexCoop, pham). Select products like 2xETH, DEFIindex, NFTindex can get decent inflows during a bull where big investors want additional exposure to sectors without spending much time or without additional tax events. (To become really successful, they would need to be listed in CEXs or prominently in wallets) Crypto natives prefer to pick coins and bigger investors don't look yet. Hence, without any culturecoin standing out, having more interest, we'd bring users to a website to sell a harder product than 1 specific token.

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Juli 🎩↑ pfp

If we do it in this order 1. Shared liquidity 2. Shared Website & Increasing Activity (individually & collectively via initiatives, marketing..) 3. Enable additional Buy-ins (index, DeFi, products..(most valuable?) we get some more visibility, upside for participating projects and draw benefit for all from interest in any culturecoin. Essentially, the sum of it is bigger than each of them going at it. > If higher goes up, other coins benefit price/volume/liquidity-wise. > If another coins gets interest or buy-in, it flows through higher-eth > Higher volume will also spark interest from people &or get them interested in higher & other culturecoin and are more likely to further explore culturecoins, some website & index products, etc. I believe, nobody would have invested in a Virtuals AI Index when all of the coins were 500k and Virtuals 10m. Since Virtuals is 1 B$ coin, big investors want to get exposure to Virtuals AI agent coins and would be likely to buy an Index (to not miss out & benefit tax-wise).

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martin ↑ pfp

This is cool. How do you foresee setting up that shared liquidity?

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Juli 🎩↑ pfp

not 100% sure. here's my 1st thoughts 👇 Is Clanker liquidity locked for long-term, always or adjustable? Could you enable new coins to be launched with higher? @proxystudio.eth If changeable, would be easy to swap Eth for higher. If not changeable, it's less interesting for existing coins due to sunk cost, split liquidity. However, I expect a large overlap in higher/other culturecoin holders who believe in both coins going up and could provide liquidity (with less LP cost vs Eth-culturecoin) and benefit from trading volumes on top of hodling. I'm sure some bigger holders in higher would join me in providing liquidity, for eth-higher, higher-culturecoins and also be down to bootstrap select new token projects that fit into the culturecoin ecosystem, have a distinct target group, genuine team + commmunity and will grow the overall interest in this sector. Big holders in culturecoins should also have an incentive in growing liquidity as clankers are not very liquid & would benefit in multiple ways.

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Juli 🎩↑ pfp

I'm bullish on ecosystems that grow their economies and believe it's valuable to have $clankfun traded with $clanker and similarly higher ecosystem tokens with $higher. I also think new launches can do better when boostrapped from an existing community as it offers a vehicle to put your tokens to work aka a token sink & growth opportunity. (Important to also grow outside the existing community) Seems next iterations for clankers might enable new token pairs, pre-sales to whitelisted users (existing community?), some founder percentage and/or DAO wallet - which would make it easier for new launches to get better liquidity and initial community buy-in. https://warpcast.com/proxystudio.eth/0x6528000f

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