Luiz Ramalho

@luiz

387 Following

1908 Followers

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This could be interesting and would be cool to see how it performs. That being said I would probably try to exhaust other approaches to growth first. As I said in a different answer, the real issue with FC is lack of good content. There’s some, but we need more. Attracting interesting sub-20k accounts on X, and get them more exposure here could work. It worked for TikTok (coupled with a huge marketing spent) Token launch is really a one way door. Super painful to put the cat back into the bag

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Why do you think it would attract more devs vs. more farmers? Also, I’m unsure more devs are what FC needs. I mostly miss the opinions and takes of some people I see on X. It’s a matter of content and social connections imo

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I like rewards because that’s just rev sharing at some level. And it’s simple enough compared to having to deal with a native token and all the baggage that comes with it. But I really don’t think rewards are enough to vampire attack another network like you can with fungible actions

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Thinking about token incentives and retention. Token incentives for a product that enables an action that is perfectly fungible after the action is completed (trading, paying) makes sense. A token traded on Uni and Sushi is the same. An NFT traded on Blur and OS is the same. A payment made on Cash App, Venmo or /blackbird is the same. Not the same UX, but same end state of the action. To have long term stickiness ideally the product experience is also superior to the alternatives. But something like Farcaster and X don’t feel fungible. Posting on FC is materially different from X, Instagram, FB, etc. audience, format, algo, vibes, it’s all very unique. Native token incentives without fungibility do seem bad. That’s why I think @dwr.eth is right to not go down this path.

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Doesn’t happen with Bitcoin https://dailygalaxy.com/2025/02/geologists-uncover-one-of-the-largest-gold-reserve-ever-worth-78-billion-euros/

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Momentum is the single most important thing in startups. Do everything you need to keep it going. Your problems — bugs, cash, team — matter less if you’re moving forward. It’s like a long run: if you stop moving and let your body cool down, all the pain you’ve accumulated comes to bite you.

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I don’t think it was ever great. I’m thinking something like Uniswap

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Which companies or protocols have the best brands?

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It’s a privilege to be able to see the creation of new social network. @woj.eth + @dwr.eth with the goal of growing DAU being the latest chapter. If FC was up only we wouldn’t be able to savor and enjoy the struggle from the sidelines. Lots of lessons for the rest of us. 🚂 🚂

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I think the *average* retail launch aims for hype instead of substance. Not to say VCs don’t fall for hype, but this is certainly made more extreme when retail is providing the financing.

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My reaction to people saying that now that crypto is legal they can finally turn a fee switch

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Unpopular opinion but more founders following the token launch route instead of VCs will lower the bar of the average product. More extreme outliers like Hyperliquid, for sure. But a lower average.

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The “sell work not software” for AI B2B thesis is starting to lose some steam. I’m hearing some of the ARR of the early companies are proving not to be recurring as they lose business to new entrants. I remain focused on consumer as I think this is by far the greatest prize and where crypto + AI will blend

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Satoshi is probably very confused rn

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What is founder mode for protocol founders?

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I’ve been into crypto since ‘14. Full time since 17’ $trump was my first large mobile transaction. I feel a bit like a boomer using Moonshot and Phantom. Let me tell you — it’s much more addictive. And it’s just starting.

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I deleted X and only using FC now. Third time I’m doing this. 1st time when @dwr.eth onboarded me back in 22. Too early to stick. 2nd time roughly a year ago. Channels overwhelmed me a bit. Third time is the charm?

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Decided to run my first marathon April ‘25 (Paris Marathon). Going (almost) from couch to marathon in 8 months. Any tips?

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