Farcaster

I believe a big reason FC is not seeing more growth the last few months is due to a lack of interest and acceptance of trading and memecoins being the dominant narrative this cycle.

FC's infra is best suited to be the defacto home for token projects and yet we see very very little projects doing so.

I understand and appreciate the commitment to building, adoption and sustainability.

I also recognize that 99% of memecoins will go to 0 by the end of this cycle.

However - the current approach is making FC feel like a place that has an entirely different set of convos, most of which are not currently EV+.

I say this all as someone that cares deeply about FC and it's growth but think it's important we recognize that crypto-natives on Twitter do not see value in being on here and that feels like a problem to me in the context of the next 12-24 months.

It is unlikely that FC just leapfrogs crypto-native adoption and gets an influx of mainstream users without winning the wider crypto crowd over first.

Why not use memecoins as a gateway to everything else FC has to offer?  It’s not a bad thing if memecoins bring people in, even if they initially come just for that. Farcaster saw its highest activity when there was alpha to be found or a sense of potential gains.

Without some kind of hook, it’s hard to attract crypto-natives from Twitter. Instead of seeing it as a negative, we should explore how to make these narratives work for us. It doesn’t have to dominate the culture but we can’t ignore its role in bringing people in. There’s potential to leverage this interest as a gateway to deeper connections and more sustainable engagement. From there, we can show them everything else this community has to offer

Web3 gamer and avid learner |  interested in on-chain analysis. building @farcasterpicker

so true miss angel, memecoins hav proved itself to be a good way to attract more retail participants