so much euphoria on FC timeline about degen. 🫥 it’s a memecoin with questionable allocation, centralized operation, and appears to be mostly closed-source.

do you really think this is a sustainable future for FC and decentralized social media protocols?

Everyone is euphoric when they are making money. 

It’s not like FC and decentralized social depend on Degen or similar tokens though. 

I think of Degen more of a proof of concept of the power of the FC community. The distribution mechanic was interesting for that. 

Up to the team to show they can take it further.

explorer, collector, builder, photographer
https://t.co/gu3UTCmGrO

cofounder @mercedesbenznxt 

What can the team really do while it remains poorly allocated, centralized, and closed source? It’s like hoping that the team behind [basically any centralized shitcoin] will suddenly turn a new leaf.

You’re free to ignore it, there are countless projects going on here

While we’re early, it’s much faster to bootstrap something when you’re centralized, that’s also why you’re now casting on centralized warpcast