proxy studio

Category: Pain
Tokens: $DEGEN, $HIGHER, $BUILD, $TN100x
Notes: Our tokens are down bad. Tipping tokens across the board have taken serious hits, but pretty much any asset in the Farcaster ecosystem you want to talk about is down, regardless of distribution of supply, between 70-85% from highs. Curious to hear peoples thoughts: What brings a bid?

founder /openventures | /proxyswap | tokenbot @clanker

Need more DAUs on Farcaster.

April seemed close to break-through but since then it's just power badge accounts being visible on here which is tampering growth massively imo

Social networks won't survive closing themselves off from new entrants this early. Churn of newly created accounts must be high atm.

Washed up whale.

Stuck in the rabbit hole since 2013.

http://t.me/WhalefundAlpha

thats how I joined as well, and I posted that overlay a long time back. 

so if network growth takes a year, what happens to the FC token communitites?

Yepp, that's my guess. If you overlay the DEGEN and FC DAU charts, they were both moving in unison until April.

That's also how I joined. Felt like missing out on lots of alpha by just being on CT.

Why would people bid on a network that isn’t growing? And why would the network grow when power badges brought it to a slow grind? Why would new users stay in a network where they can’t really even network?