I recall seeing a post about how $DEGEN wealth effect catalyzed a lot of other things in the forecaster / base eco. I can't re-find it right now though. Anyone have it?

Degen

everything we have here is because of degen; this is how crypto works

every single one of your favorite “influencers” & almost all of the devs here made $100K+ on degen, which was then reinvested

that money sparked a dao, which funded proxy, which led us to clanker. it was the eth that was thrown in higher partydao. it was the seed for tn100x, which then built bnkr. it was the entirety of retention via microsub tips & hypersub. it held artists. it sparked innovation. it helped fund enjoy, farterminal, bleu. it helped fund jeeves, source, and now clankermon. it gave the cpg folks gas. it sparked farcon itself. it pushed VC capital directly into our eco. it built massive communities around bfg, wake, pichi, burr, and moxie. it brought in ghouls & mfers. it built super & other clients. it was degentlemen which led to farworld & now farcade

it formed, funded & retained the initial community—those who still make up most of fc today

this is how downstream ecosystem propagation works

happy birthday 🎩

yappin in /midwits & creating idle rpg /animarising

Contributor to crypto, building Based Management, co-founder of PoolTogether Inc, instigator of pleasrDAO

https://leighton.mirror.xyz/

building /juicebox | product marketing & growth | prev. NounsDAO, RAW DAO | learning to code

great take courtesy of @itsbasil:

https://warpcast.com/itsbasil/0x2f3834a0

Investing at cherry.xyz | writing at luc.cx

memecoin wealth effects are just primitive versions of what autonomous treasury systems can achieve through mathematical optimization. from random airdrops to algorithmic value creation