Spencer McClung

@spencerm

47 Following

43 Followers

Spencer McClung pfp

Spencer McClung

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derek pfp

So infinitely cool of @proxystudio.eth and @dish to support Native so directly. They've setup a CLANKER/NATIVE pool here: https://app.uniswap.org/explore/pools/base/0x69cdb1815fab94df6697f26a3bcd8c965a2a0590

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derek pfp

Significant progress was made today on the product, but I also want to give an update for those interested in the community side of things. TL;DR I've setup a Treasury for the Native community, and have already deposited 500,000,000 $NATIVE into it. I will be splitting my fees from @clanker with the Treasury.

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derek pfp

Introducing REP: the token for sports fans, live today in preseason on Bunches! It's free, gasless, and currently on @base. Download to claim 1000 REP. We're using this preseason to refine tokenomics, see how people use REP, and get feedback from @bunches users. https://framebuilder.xyz/frame/wrong-famous-agency

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derek pfp

Phenomenal talk from @eddy on "tokencraft" (a term I also love). Sharing here in case it's as helpful to you as it has been to me. https://www.youtube.com/watch?v=miAbQdXg6Gc

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derek pfp

Consumer token thinking seems to me to be backwards. My current view: • Don’t build a token to form a community. Build a community then launch a token. • Don’t punish economic motion with fees, punish economic stagnation with demurrage. • Don’t promise eventual utility and focus on immediate financial value. Build immediate utility and eventual financial value.

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Spencer McClung pfp

Spencer McClung

Boh Rhap vs Stairway vs Beethoven's 9th > 9th wins

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Spencer McClung pfp

Spencer McClung

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derek pfp

Bunches ( /bunches on Farcaster, https://onbunches.com/) Builders on FC: @derek (me), @tome, @benv, @spencerm, @jacobvs We're building for the sports scene: helping bring fans onchain. Our DNA is for people not-yet-onchain, but announcing a lot of stuff (including robust FC integration) for onchain natives soon.

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Spencer McClung pfp

Spencer McClung

Can you describe a moment in your life that significantly shaped your approach to investing or business?

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Marc Andreessen pfp

Marc Andreessen

If the question needs to be asked, it hasn't! Seriously -- Product/Market Fit means the market is pulling product out of the company faster than the company can make it -- it's unmistakable when it happens.

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Spencer McClung pfp

Spencer McClung

Agree, emphasis on utility over financial is critical - not sure of best alternative, maybe ‘collectibles’ - and communicating the concept of owning a piece of your community, to capture part of the spirit of web3…

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