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alex pfp
alex
@proxystudio.eth
Category: /degen Notes: we are likely at peak bearishness around /degen - DL3 downtime, tips down to ATL, other tokens capturing attention. On the other hand, the proliferation of apps in the ecosystem continues, with Alfafrens leading the way (call it a ponzi all you want, people are using it daily to chat) 1/2
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Matthew Fox 🌐 pfp
Matthew Fox 🌐
@matthewfox
I love how people defacto'd to "Ponzi" for alfafrens When its so much less ponzi than similar attempts No bonding curves - flat entry rate for new comers Revenue sharing(sustainable) instead of trading fees(hotpotato) - fabric is cool but AF is ponzi? The perpetual stream machine is gamification not ponzification
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alex
@proxystudio.eth
Totally agree! People tend to see staking or token farming and immediately cast judgement Go off
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