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proxy
@proxystudio.eth
Degen remains the single best Farcaster proxy asset
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Leo Simon
@leo5
I'd say it's Higher ?
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proxy
@proxystudio.eth
This is a fine thesis but much more speculative, and mostly isolated to a small circle of us here on FC. Degen is considered an FC proxy by many people who don’t even have accounts here
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new era
@logosiasis.eth
Higher has the + of being a formation of an IRL headless brand, infiltrating mainstream society. Degen has an anti-appeal to IRL cultures by being built on a celebration of degeneracy. Higher’s draw to FC is slowly at first then all at once. Degen was all at once, then reduced itself to just another gambling chain. IMO both will struggle to significantly overcome previous ATH unless an absurd amount of money comes in, but more people are familiar with crypto ecosystems then crypto bros act like there are.
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new era
@logosiasis.eth
Correction, unless an absurd amount of money comes into the space, OR either has major breakthrough in protocol evolution. Higher ecosystem is a little unapproachable as-is for many, and degen is a little unappealing as-is, for many people.
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