https://x.com/hi_im_nico/status/1892835587780202836?s=46

Convinced that the best products don’t need a token and the best tokens don’t need a product

Study Base & Farcaster: both have higher retention than most token products

Some protocols need a tokens and some don’t 

But the best tokens don’t need a product
And the best products don’t need a token

Study Base &amp; Farcaster

nicolette duclare (Nico.cast)

Founder far.quest & @wieldlabs.eth. Investing miy.com ventures. FID #274. Previously Square/Cash App. https://hiimnico.xyz/

Building /ambassadors and /base-ph. Warpcast is super fun. 

/project /bid /replyors https://newsletter.ambassadors.gg

Only if it makes sense; same philosophy as Farcaster

safe to say there won't be a farquest token right

Reconciling all versions of me | Experimenting with social here

If you think about the most likely tokens to last, bitcoin dogecoin, people don’t need to use any product to buy and hold them bc it’s more akin to a cult than a product 

I am eth maxi so there are exceptions but I don’t think bitcoin will be dethroned anytime soon

Onboard the "best products don't need a token" train

What's an example of the other though?

I used tokens in the abstract term but think of dogecoin, you don’t need a product for a “good” token

Wait… the best tokens don’t need a product??

“Club Coins” ♣️ on Base.

https://far.club

VC backed companies have tokens. They are just internal to angels and accredited investors.

Launching a public token only dilutes that.

Stablecredits can be thought of more as an onchain labeling system for value flows - esp useful as app and later all internet value transfers go onchain

There is a play for stablecredits in the future - still tokens but fixed peg against fiat and branded https://warpcast.com/vinayvasanji.eth/0xebf7bcf2

I'm of the view that most apps and brands will have some version of their own stablecredit, much like how many apps and brands have their own store credit balances today