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Juli 🎩↑ pfp
Juli 🎩↑
@juli
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
martin ↑
@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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@juli
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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