hottakes

farcaster OG should have been an ERC1155, the fact that all the token art is identical but the tokens are unique will hinder the long term value and significance of Farcaster OGs

/clanker | alex@clanker.world | please @ me if you’ve reached out via dm, thank you!

where do you see fair value? and what if you assume Merkle will not touch the project again, but a new replacement project won't get enough burns to become cultly significant?

my mental model is one fc-og = 3 floor Farcats

assuming no utility, just collectible vibes

picosub.artlu.xyz

SassyHash.artlu.xyz

See pinned cast frame for more.

PFP is my Native.fun Print, genart unique hash of wallet txns -> Faces of Farcaster

I don't own farcats or farcaster OGs in part because I arrived after they launched, didn't know their creators or understand the significance. 

definitely assume pure collectible vibes, and that Merkle won't touch them, but I do think wrapping is a real possibility. Individuals might wrap, turn them into derivatives

expand the lore. Fair value is market demand, and its interesting because it doesn't seem as though the people who should buy into their value - farcaster OGs - have much interest in buying more of them

yes that's a reasonable take. i bet there's less than 5 og airdrop recipients who've ever bought an fc-og nft. quite an interesting crypto culture