Degen

Wild take considering Farcaster had a few hundred daus until we memed $degen into the broader cryptosphere which ballooned users - which he then leveraged into a 150m raise. 

he should be thanking us instead of belligerent dunking.

Realizing just now that most OG farcaster users really think $degen mainly benefitted from farcaster & it could have been any other token that went to a billion $ mcap.

The origin story is ofc farcaster & the degen channel helped to bring some people together that wanted a fun memecoin and turn that fun memecoin into something more for farcaster and base. (Proxy, Payment token, etc)

Jacek, wake, oxen AND other diehard holders & supportive degens (tipping, apps) made it happen and promoted base & farcaster signups like crazy for free. 

Ofc degen also profited from farcaster updates and devs supporting it - but paid quite a lot for it via tips, grants, fees.

IMHO they’d deserve the biggest airdrop ever from farcaster for bringing in early users (when fc team didn’t care about growth).

Ps: other Farcaster tokens like $higher would never have gotten to 10m+ without Degen setting the ceiling and Degen profits reinvested - which enabled core people to ultimately turn it into sth attractive 🙂

job: token analyst. Talk to me about football, sports, crypto, outdoors, growth, econ, investing, chess