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Juli 🎩↑ pfp
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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
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
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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
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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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This is cool. How do you foresee setting up that shared liquidity?
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Wouldn’t this be for new tokens only?
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Juli 🎩↑ pfp
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This answer is more concise 😄 https://warpcast.com/juli/0x81d89f63
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