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alex 🎩
@proxystudio.eth
I reject that by nature a team or builder with a live coin is "chasing short term hype in the market" oftentimes this is a line that gets thrown around pretty carelessly, lumping bootstrapped but serious builders in with memecoin scammers or grifters ironically, the same people who say this often talk about "real world usecases," while being dismissive about builders who are actively engaging with the primary DAU in crypto today, people who actively trade ultimately, teams should eventually be comfortable with coins, or should be explicit about what their business model is. no one talks about uniswap as though the protocol isn't serious, or the team hasn't shipped meaningful tech, even though almost every single memecoin is downstream of what erc20 + Uniswap v1 proliferated
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kompreni 🚂
@kompreni
Many things that become mainstream were once considered taboo! Builder coins are ∂efinitely one of them.
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tomu
@tomu
launching a coin is mostly seen as a short-term speculation game, and, to be fair, it makes sense to judge it that way when thousands of them die within hours. but it’s not the rule, and not everything fits into that basket there are legit teams building cool stuff, using coins to fund their work, or experimenting with mechanisms we’ve never seen before. i think having the main KPI being the price is what makes people only focusing on the hype
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Garrett
@garrett
💯 💯 💯
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AusaR
@ausar
Sometimes, tokenizing your project is the way to start in this space. If the token fails to get traction, or even worse, gets rejected by the ecosystem, then the plan might need an overhaul.
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📡 ZACH HARRIS 🛰️
@zachharris.eth
I think unfortunately this reductivist view emerged out of two things: – Bad actors and scams left a bad taste in early mainstream adopters – Signal was validated when DAI, Gemini, Genesis, FTX imploded People play lotto with the intention of a quick dopamine hit. However, @accountless.eth schooled me on GTM stuff behind the scenes for successful token launches… Hint: it's not just the memes
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Zach
@zd
Always remember that most people have no zero idea what they’re talking about
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JB Rubinovitz ⌐◨-◨
@rubinovitz
I think you need to figure out how your product fits the meta to get attention and that's what matters right now.
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yerbearserker.base.eth 🧉🎯
@yerbearserker
Love your cogent well-laid out thought, which is valid, valuable, & important, and ofc also likely to fall upon deaf ears that are closed to the opportunities being built out beneath their very noses
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