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Coop
@coopahtroopa.eth
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.
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six
@six
I don't think trading memecoins is stigmatized on Farcaster. degen, moxie, ham, higher, etc. there are lots of farcaster tokens and ecosystems that occupy a large share of the conversation on Farcaster. It's moreso IMO that memecoins occupy less share of the conversation *compared to CT* where ~100% of conversation is about memecoins, because people talk about other stuff here too. Which is good for the network
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Coop
@coopahtroopa.eth
The tokens you mentioned occupy significantly less attention than they once did. The fact that we all keep mentioning the same 5 tokens as FC being pro-memecoins is an issue IMO. I agree its healthy for the network to have a very wide range of topics. All I'm saying is that those wide range of topics do not seem to be leading to increased usage and there is no clear path towards more case studies like DEGEN or HIGHER because token founders realize you can't really break a token on FC right now with how low a ceiling it currently has.
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↑ antaur ツ
@antaur.eth
in my observation the disdain for meme coins might be an artefact of OGs having had their perfect build out in the open corner for 1-2 years. Then $DEGEN 'spammed' their timeline even when they got tipped. I landed late Jan 24 and I saw on several OG profiles at the time like this: if you have degen in your profile then I will unfollow you. Besides, my feed is not a large share of meme-coins bc i curate it like that. So I agree with you, FC is 'healthy' when even crypto people engage in more than just trading, or meme-coins, or even onchain at large. I am passionate about /innerwork for example
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