https://x.com/hi_im_nico/status/1892835587780202836?s=46

Convinced that the best products don’t need a token and the best tokens don’t need a product

Study Base & Farcaster: both have higher retention than most token products

Some protocols need a tokens and some don’t 

But the best tokens don’t need a product
And the best products don’t need a token

Study Base &amp; Farcaster

nicolette duclare (Nico.cast)

Founder far.quest & @wieldlabs.eth. Investing miy.com ventures. FID #274. Previously Square/Cash App. https://hiimnico.xyz/

Onboard the "best products don't need a token" train

What's an example of the other though?

Reconciling all versions of me | Experimenting with social here

If you think about the most likely tokens to last, bitcoin dogecoin, people don’t need to use any product to buy and hold them bc it’s more akin to a cult than a product 

I am eth maxi so there are exceptions but I don’t think bitcoin will be dethroned anytime soon

I’d argue bitcoin is a product in itself (store of value, digital gold). Dogecoin I admit I don’t understand beyond speculation (which again is a product offering)

So I guess I see the statement as “best tokens don’t need a product because they are the product”